September 22, 2016

Philanthropy to Texas Tech University System Surpasses Second-Best Year

Philanthropic gifts to the Texas Tech University System and its four universities finished the 2016 fiscal year strong, surpassing the second-best fundraising year in the system’s history.

“We appreciate the investment and commitment of our donors, whose generous contributions continue the Texas Tech University System’s forward momentum,” said Chancellor Robert L. Duncan. “Philanthropy continues to be one of our most important funding sources in higher education. It sustains our universities and propels our students and faculty to pursue discovery and innovation with global impact.”

The annual total includes donations to the Texas Tech Foundation, which accepts and invests gifts for the support of the system and its universities.

“Responding to strong vision, our alumni, friends and corporate partners have once again made significant philanthropic investments,” said Texas Tech Foundation Chairman Terry E. Fuller. “We are grateful for the trust of our donors and continually strive to provide excellent stewardship of these gifts.”

The announcement marks the highest fundraising total of Duncan’s tenure as chancellor and the best end-of-year finish for Angelo State University and the Angelo State University Foundation.