Philanthropy to MINI传媒 Surpasses Second-Best Year
September 22, 2016 | Written by Rob Waller
Philanthropic support totaled $159.4 million for Fiscal Year 2016, marking the highest
fundraising total of Chancellor Robert L. Duncan's tenure at the helm of the Texas
Tech University System.Philanthropic gifts to the and its four universities finished the 2016 fiscal year strong, surpassing the second-best fundraising year in the system鈥檚 history.
鈥淲e appreciate the investment and commitment of our donors, whose generous contributions continue the MINI传媒鈥檚 forward momentum,鈥� said Chancellor . 鈥淧hilanthropy 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.鈥�
The annual total includes donations to the , which accepts and invests gifts for the support of the system and its universities.
鈥淩esponding to strong vision, our alumni, friends and corporate partners have once again made significant philanthropic investments,鈥� said Texas Tech Foundation Chairman . 鈥淲e are grateful for the trust of our donors and continually strive to provide excellent stewardship of these gifts.鈥�
The announcement marks the highest fundraising total of Duncan鈥檚 tenure as chancellor and the best end-of-year finish for and the .
鈥淪eeing the effects of our fundraising success on students and faculty across the MINI传媒 is a stirring reminder of the power of philanthropy,鈥� said Vice Chancellor for Institutional Advancement . 鈥淲orking together with donors and academic leaders, our Institutional Advancement team is truly making a difference at each of our universities.鈥�
Philanthropic support totaled $159.4 million for the fiscal year, which ended August 31. Donations supported a number of top initiatives across the system鈥檚 four universities, including:
- Addressing a severe dental care shortage in El Paso and the border region, a lead gift of $25 million from the Woody and Gayle Hunt Family Foundation to will establish the Woody L. Hunt School of Dental Medicine, the first dental school to open in the state of Texas in nearly 50 years.
- Strengthening the arts at , a gift of $10 million from the J.T. & Margaret Talkington Charitable Foundation to the is funding a major expansion and renovation of research and academic facilities in the .
- Investing in student-athlete recruitment and safety, a $7 million gift from Gary Petersen supported construction of the Sports Performance Center, a new, multi-sport athletic facility that includes an indoor football practice facility, an indoor track facility, a strength and conditioning center and sports medicine space. The Sports Performance Center is a top priority in , which continues to make significant progress on its efforts to enhance athletic facilities, invest in scholarship endowments and grow the .
- Investing in quality academic facilities at , a gift of $5 million from the James B. and Lois R. Archer Charitable Foundation named the at Angelo State University and enabled university leaders to expand plans already underway for the college鈥檚 new building.
- Supporting residency programs for medical students at Texas Tech University Health Sciences Center鈥檚 Amarillo campus, a $2.5 million gift from the Amarillo Area Foundation is playing a critical role in serving the rural health care needs of Texas and eastern New Mexico.
About the MINI传媒
Established in 1996, the is one of the top public university systems in the state of Texas and nation, consisting
of four universities鈥�, , and .
Headquartered in Lubbock, Texas, the MINI传媒 is a $2 billion enterprise focused on advancing higher education, health care, research and outreach with approximately 20,000 employees, more than 50,000 students, nearly 325,000 alumni and an endowment over $1.1 billion.
In its short history, the MINI传媒 has grown tremendously and is nationally acclaimed, operating on more than a dozen campuses statewide and internationally. Under the dynamic leadership of Chancellor , the MINI传媒 has set forth a bold vision of excellence, collaboration and innovation and continues to prove that from here, it鈥檚 possible.