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MINI传媒 System Surpasses $100 Million Mark for Third-Straight Year

Kent Hance

Hance and Overley have been instrumental in fundraising for the Texas Tech University System.

Topping $100M at the MINI传媒 System:

  • 2007 - $153,798,647
  • 2001 - $133,979,468
  • 2008 - $119,881,363
  • 2009 - $112,639,010

Donations received during the 2008鈥2009 fiscal year make this the fourth-highest fundraising year in the system鈥檚 history.

October 5, 2009 | Written by Dailey Fuller

Private donors gave nearly $113 million to Texas Tech during the past year, marking the third year in a row that the MINI传媒 has brought in over $100 million.

Donations received during the 2008鈥2009 fiscal year make this the fourth-highest fundraising year in the system鈥檚 history. The top fundraising year came in 2007 during first year as chancellor.

Hance, who remains focused on fundraising, has not failed to reach the $100 million mark in his time at Texas Tech.

鈥淥ne of the most critical factors for Texas Tech to reach our goal of becoming the next Tier One university is our annual fundraising efforts,鈥 said Hance. 鈥淭hese resources help us attract the best and brightest students and faculty and provide us the ability to grow our facilities for researching and teaching.

鈥淸Vice Chancellor for Institutional Advancement] Kelly Overley and her team have consistently performed above expectations, and this year was a true test given the current economic climate.鈥

Major gifts to name the Edward E. Whitacre Jr. College of Engineering and expand Jones AT&T Stadium helped continue the system鈥檚 fundraising pace in spite of volatile economic conditions. Donations impacted each of the system鈥檚 three institutions, netting funds for student scholarships, faculty endowments and facilities at ,   and

The Texas Research Incentive Program (TRIP) also aided fundraising efforts by providing state funds to match private gifts designated for research. Texas Tech University received $24.3 million in TRIP-eligible donations before the end of the fiscal year.

鈥淭exas Tech is fortunate to have good and generous friends,鈥 said Overley. 鈥淚n these difficult economic times, Chancellor Hance and our entire development team have worked hard to raise the funds that are vital to the university鈥檚 future.鈥