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Growing After the Storm

While 2021 has been a year characterized by anxiety, resilience, and the ability to overcome adversity, our institutions have seen substantial growth in many areas due to generous donations from donors like you. As the Texas Tech University System celebrates its 25th anniversary, each university has accomplished long-term achievements that will continue to create opportunities for our students for many years to come.

This year, the component universities of the Texas Tech University System reached two milestones in higher education. In July, the Woody L. Hunt School of Dental Medicine at Texas Tech University Health Sciences Center El Paso opened its doors to its inaugural class. Just a month later, the School of Veterinary Medicine at Texas Tech University also welcomed its inaugural class in Amarillo, Texas. Combined, these schools welcomed 104 students.

While the COVID-19 pandemic directly impacted our economic climate in 2020, the institutions were able to maintain a sense of sustainability and resilience through these times. This has been a year of remarkable financial growth in the endowment. It is an uplifting attainment that provides a sense of promise for the future of the Texas Tech University System.

In September, Midwestern State University officially became the fifth member institution of the Texas Tech University System. After 25 years, our system continues to advance higher education and demonstrates growth in many facets. We cannot reiterate enough that the success and support of our institutions and academic locations continues to increase by your support.

Our balanced, long-term investment strategy has been successful by providing strong endowment returns over long periods of time. Due to your generosity, the Texas Tech University System has the capability to distribute consistent funding to benefit students in the institutions.

While endowments function toward impacting every aspect of the member institutions, many endowment gifts fund scholarships that create the opportunity for educational advancement for a diverse student body. Through your generous support, we feel grateful to have the opportunity to continue serving our students and support the educational missions of our universities.

Read the 2021 Endowment Report

A Gift with Lasting Impact

The foundation of growth and lasting impact for any university is the generous philanthropic support of its donors. By design, endowment funds are perpetual gifts that are invested to benefit our universities.

Understanding the Endowment

The Texas Tech University System endowment includes a range of funds that are invested for the benefit of the system and its universities. Donor endowments given to the Texas Tech Foundation are invested as part of the Long-Term Investment Fund.

Across more than two decades of sustained growth, the combined asset value of the Texas Tech University System endowment has grown to more than $1.69 billion thanks to the generosity of our donors and an investment strategy focused on a balanced approach to the market.

Learn More About TTUS Financials

Read additional reports from the Office of the Chief Financial Officer