Texas A&M Foundation
The Texas A&M Foundation, founded in 1953, supports Texas A&M University through fundraising and manages a $2.7 billion investment pool to fund scholarships, faculty, student programs, and campus construction.
History of Texas A&M Foundation
Founded in 1953, the Texas A&M Foundation is dedicated to supporting Texas A&M University through rigorous fundraising efforts. Since its inception, the foundation has played a crucial role in enhancing the university's programs, facilities, and opportunities for students and faculty alike. It operates as a 501(c)(3) tax-exempt organization, allowing it to implement its generous funding activities efficiently and transparently.
Services Provided by Texas A&M Foundation
The Texas A&M Foundation offers a range of services aimed at benefitting Texas A&M University. These services include providing scholarships, advancing faculty endeavors, enhancing student programs, and funding various college programs and campus construction projects. The foundation raised $194.5 million in fiscal year 2023 and made $173.3 million available to the university for its diverse needs. This funding aids in nurturing a conducive educational environment and enhancing the overall university experience.
Ways to Give to Texas A&M Foundation
The Texas A&M Foundation provides multiple avenues for potential donors to contribute, including cash gifts, securities, real estate, and planned gifts. Additionally, the foundation accepts gifts of cryptocurrency, making it adaptable to modern financial trends. These various giving options enable a wide range of donors to support the foundation's mission in ways that are most convenient and impactful for them.
Investment Strategy of Texas A&M Foundation
The Texas A&M Foundation carefully manages a long-term investment pool valued at $2.7 billion as of June 30, 2023. Utilizing asset allocation strategies, the foundation aims to maximize growth while safeguarding capital. This prudent investment approach ensures that the foundation can continue to provide substantial funding for Texas A&M University while maintaining the stability of its financial resources.
Financial Efficiency of Texas A&M Foundation
The Texas A&M Foundation demonstrates financial efficiency by spending an average of 17 cents for every dollar raised over the past five years. This low expense ratio indicates the foundation's commitment to maximizing the impact of every donation received. By keeping administrative and fundraising costs minimal, the foundation ensures that a higher percentage of funds directly support the university's programs and initiatives.