Nonprofit · EIN 87-3652885
THE ALTERNATIVES FOUNDATION
Tax-exempt · AUSTIN, TX 78730
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $954,783 | $55,163 | $899,620 | $1,007,892 | $78,300 | $929,592 |
| December 31, 2024 | 990 | $107,733 | $79,815 | $27,918 | $107,973 | $77,800 | $30,173 |
| December 31, 2023 | 990 (amended) | $433,381 | $225,475 | $207,906 | $7,391 | $5,136 | $2,255 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $952,531
- Program service revenue
- $0
- Investment income
- $2,252
- Net gain from sales of assets
- -$215
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $55,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $55,163
Balance sheet and other
- Total assets, start of year
- $107,973
- Total assets, end of year
- $1,007,892
- Total liabilities, end of year
- $78,300
- Net assets, end of year
- $929,592
- Net assets with donor restrictions
- $929,592
- Gross receipts
- $1,055,144
- Employees
- 0
- Volunteers
- 60
- Year formed
- 2021
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Joe Milam | Director Trustee or director | 1 | $0 |
| Jeff Nash | DIrector Trustee or director | 1 | $0 |
| John Rippel | Director Trustee or director | 1 | $0 |
| Jarett Rodriguez | Nonvoting Board Secretary Officer | 40 | $0 |
| Rudy Garza | Board President Trustee or director, Officer | 1 | $0 |
| Philip Sanger | Director Trustee or director | 1 | $0 |
| Kerry Hall | Director Trustee or director | 1 | $0 |
| Scott Holstead | Director Trustee or director | 1 | $0 |
| Brent Iverson | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jarett Rodriguez | Executive Director Officer | 40 | $65,625 |
| Philip Sanger | Chairman and President Trustee or director, Officer | 5 | $0 |
| Rudy Garza | Treasurer Trustee or director, Officer | 2 | $0 |
| Cale McDowell | Secretary Trustee or director, Officer | 2 | $0 |
| Scott Holstead | Director Trustee or director | 2 | $0 |
| Brent Iverson | Director Trustee or director | 2 | $0 |
| Kerry Hall | Director Trustee or director | 2 | $0 |
| Jeff Nash | Director Trustee or director | 1 | $0 |
| Pete Winstead | Director Trustee or director | 1 | $0 |
| John Rippel | Director Trustee or director | 1 | $0 |
| Joe Milam | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jarett Rodriguez | Executive Director Officer, Key employee | 40 | $204,564 |
| Philip Sanger | Chairman and President Trustee or director, Officer | 5 | $0 |
| Rudy Garza | Treasurer Trustee or director, Officer | 2 | $0 |
| Cale McDowell | Secretary Trustee or director, Officer | 2 | $0 |
| Scott Holstead | Director Trustee or director | 2 | $0 |
| Brent Iverson | Director Trustee or director | 2 | $0 |
| Kerry Hall | Director Trustee or director | 2 | $0 |
| Jason Downie | Director Trustee or director | 2 | $0 |
| Jeff Nash | Director Trustee or director | 1 | $0 |
| Pete Winstead | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 6101 W COURTYARD DR, AUSTIN, TX 78730-5115
- In care of
- % JARETT RODRIGUEZ
- Principal officer (990 for 2025)
- Jarett Rodriguez, 6101 W COURTYARD DR, STE 2 225, AUSTIN, TX 78730
- Signed the 990
- Jarett Rodriguez, Secretary
- Phone
- (512) 402-2777
- 990-N for 2023 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Jarett Rodriguez, 6101 W Courtyard Dr Suite 2-225, Austin TX 78730. Mailing address: 6101 W Courtyard Dr Suite 2-225, Austin TX 78730. Website: texasalternativesfoundation.org
Mission
TAF accepts and liquidates illiquid assets such as closely held business interests and private equity interests to provide funds to educational research scholarship and arts organizations in alignment with our charitable mission. In 2025 TAF also sponsored donor-advised funds allowing donors to contribute assets receive immediate tax benefits and recommend grants to charitable organizations over time.
Program accomplishments
- Supporting Educational Institutions: The Foundation focused on helping Texas-based higher education institutions by educating development officers on the benefits of alternative assets used in philanthropy.Expenses $163
- Facilitating Donations of Illiquid Assets: The foundation worked to educate potential donors on using illiquid assets in their philanthropic efforts. We specifically focused on holders of private equity venture capital and closely held business interests.Expenses $55,000 · grants $55,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 87-3652885
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A25)
- Assets (IRS master file)
- $1,007,892
- Income (IRS master file)
- $1,055,144
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $954,783 | $55,163 | $1,007,892 | IRS |
| 990 | December 2024 | $107,733 | $79,815 | $107,973 | IRS |
| 990-N for 2023 Officer: Jarett Rodriguez Filed under this EIN, most likely by a chapter or affiliate | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2023 | $433,381 | $225,475 | $7,391 | XML |
| 990-N for 2022 Officer: Jarett Rodriguez Filed under this EIN, most likely by a chapter or affiliate | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-3652885).
Questions about THE ALTERNATIVES FOUNDATION
- What is the EIN of THE ALTERNATIVES FOUNDATION?
- The employer identification number (EIN) of THE ALTERNATIVES FOUNDATION is 87-3652885.
- Is THE ALTERNATIVES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to THE ALTERNATIVES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE ALTERNATIVES FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE ALTERNATIVES FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE ALTERNATIVES FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of THE ALTERNATIVES FOUNDATION?
- The 990 for the year ended December 31, 2025 names Jarett Rodriguez.
- Who are the officers and directors of THE ALTERNATIVES FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does THE ALTERNATIVES FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $954,783, expenses of $55,163 and total assets of $1,007,892 at year end.
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