TEXAS A&M FOUNDATION UPDATE For The Association of Former Students Board of Directors Quarterly Meeting Virtual Meeting via Zoom Friday, February 26, 2021 THANK YOU! “The Aggie Network matters, we can’t fully articulate our appreciation nor our admiration for what the premier alumni association in the world means to our collective success.” 2 “The achievement of the $4 billion goal is a testament to the tenacity of Aggies and their desire to strive for excellence. The Lead by Example campaign has elevated Texas A&M to the upper echelon of our nation’s universities. Support raised through the campaign has helped shape the character of the university as a developer of 21st-century leaders and empowered Texas A&M to unequivocally state that it is here for us today and for all future generations of Aggies.” SuSu and Mark Fischer ’72 Lead by Example Campaign Co-Chairs 3 LBE Comprehensive Campaign for Texas A&M University 2021 and beyond will include continued efforts to codify the working relationships and value propositions of all affiliates to enable an even more effective culture of philanthropy at Texas A&M 4 “The Lead by Example campaign has engaged more Aggies in support of Texas A&M than ever before in history. The loyal generosity of the Aggie Network throughout the campaign continues to make a difference for Texas A&M and for so many things we all hold dear asAggies.” Porter Garner III ’79 President & CEO, The Association of Former Students 5 Lead by Example Campaign Overview • Raised $4.25 billion for Texas A&M University students, faculty and programs • A nine-year campaign from Jan. 1, 2012 to Dec. 31, 2020 • Publicly launched in November 2015 with just over $1.675 billion committed • A joint fundraising effort between the university and its affiliated fundraising organizations • The largest fundraising endeavor ever undertaken in Texas 6 Key Campaign Highlights • There were 903,658 gifts given during the campaign — 465 donors committed gifts of $1 million or more — 825,759 gifts less than $1,000 • $61.2 million contributed by current and former Texas A&M faculty and staff • More than $864 million went toward scholarships • The largest corporate donor was the Houston Livestock Show and Rodeo, with $37.1 million contributed during the campaign in support of scholarships. • A&M Clubs and Aggie Moms’ Clubs collectively gave more than $13.4 million. • The Foundation’s Long-Term Investment Pool topped $2 billion in August 2020. 7 Investment Results ►THE FOUNDATION’S TOTAL ASSETS WERE $2.7 BILLION (as of 12/31/20) ►LONG TERM INVESTMENT POOL WAS $2.2 BILLION (as of 12/31/20) ►PAID OVER $114 MILLION TO TEXAS A&M IN 2020 ►THE A&M FOUNDATION AVERAGE 20-YEAR RATE OF RETURN OF 7.5% (as of 12/31/20) ►THE FOUNDATION HAS AN AVERAGE COST OF 13.5 CENTS FOR EVERY DOLLAR RAISED DURING THE PAST 5 YEARS. 8 TAMF Total Assets Under Management (FY 2012-2020) $3,000 $2,465 $2,500 $2,367 $2,264 $2,049 $2,000 $1,778 $1,784 s $1,737 n o $1,505 i l l $1,500 i $1,314 M $ $1,000 $500 $0 2012 2013 2014 2015 2016 2017 2018 2019 2020 Total Assets Under Management The Association of Former Students – LTIP Growth $120 $111 $101 $90 $100 $73 $75 $87 $72 $77 s $80 n o i l l $60 $62 $64 $67 $71 $76 $80 $83 i $60 M $ $40 $20 $2.5 $2.6 $2.8 $3.0 $0 $3.1 $3.4 2013 2014 $3.5 2015 $3.8 2016 2017 2018 2019 2020 Annual Distribution Book Value Market Value 10 Key Association Campaign Highlights • Throughout the Lead by Example campaign, no single organization or entity engaged more Aggies in support of Texas A&M than The Association of Former Students. • From 2012 through 2020, more than 140,000 members of the Aggie Network made gifts to The Association totaling $143million. • The Annual Fund, the bedrock of The Association’s support to Texas A&M, grew substantially during the campaign in both donors and dollars. — In 2012, 43,341 donors contributed $7.68 million to the Annual Fund, while at the end of 2019, a record high 60,730 Aggies contributed $10.88 million in gifts. — In 2020, in the midst of a global pandemic that brought devastating effects to many sectors of the economy, 58,759 Aggies contributed $10.43 million in gifts. — Most remarkably, the average gift in both 2019 and 2020 was only $14 per month, showcasing the incredible power small gifts can make to Texas A&M. • A total of 422 Endowed Century Club gifts were made during the campaign, increasing the total number of endowments by 62%, while 138 Endowed Aggie Ring Scholarships were also established. — These scholarships, combined with pass-through gifts, provided Aggie Rings to 1,200 students who otherwise might not have been able to purchase a ring. 11 Mother’s Clubs and A&M Clubs Scholarship Contributions Newly funded scholarships by the A&M Mother’s Newly funded scholarships by the A&M Clubs Clubs during the Lead by Example Campaign: during the Lead by Example Campaign: • 10 – General Scholarships • 23 – General Scholarships • 1 – Endowed Opportunity Award • 6 – Endowed Opportunity Award • 4 – Corps of Cadets and Veterans focused • 2 – Foundation Excellence Award • 2 – Regents • 14 – Corps of Cadets and Veterans • 6 – Participation (funded a scholarship with • 2 – Study Abroad other Mother's Clubs). • 17 – Participation (funded a scholarship with other A&M Clubs). 12 Who Gave to the Campaign? 5% 5% 64% Former Students 25% Friends 25% 5% Corporations 5% Organizations 64% 1% Private, Family & Other Foundations 13 Former Corps Members Donations • Former Corps members participated at twice the rate as other former students during the campaign. They gave more than $758 million, equating to 40% of total former student giving. Corps members gave $758,355,669 Campaign Gift Total by Gift “Band” Amounts JAN. 1, 2012 – DEC. 31, 2020 700 $605M $586M 600 500 $439M $402M $397M $409M 400 ons illi $308M $311M $289M M 300 200 $156M $163M $88M 100 $88M 0 15 New Endowments • 3,364 new endowments were created during the campaign — 2,677 scholarships and graduate fellowships — 127 faculty chairs, professorships and fellowships — 560 other endowments* *Includes those supporting student organizations, college-based programs and excellence funds, study abroad initiatives and the university libraries, among others. 16 Scholarship Support • Donors funded 4,499 scholarships—2,677 of which are endowed. • Endowed Scholarship Breakdown: — 1,575 College/Department-Specific Scholarships — 627 Corps of Cadets Scholarships — 133 Endowed OpportunityAwards — 103 President’s Endowed Scholarships — 93 Graduate Fellowships — 55 Foundation ExcellenceAwards — 49 Study Abroad Scholarships — 28 Regents’ Scholarships — 14 Southerland Aggie Leader Scholarships 17 Major Campaign Accomplishments Construction 1. Davis Diamond 2. Dentistry Clinic and Education Building (Dallas) 3. E.B. Cushing Stadium 4. Francis Hall renovation 5. Haynes Ring renovation 6. John D. White ’70 – Robert L. Walker ’58 Music Activities Center 7. Kyle Field renovation 8. The Leach Teaching Gardens 9. McAllen Campus 10.Memorial Student Center renovation 11.Quad Renovation, complete with four new Leadership Learning Centers 12.Thomas G. Hildebrand, DVM ’56 Equine Complex 13.Zachry Engineering Education Complex 18 Major Campaign Accomplishments Academic Programs 1. 44 Farms International Beef Cattle Academy 14. McFerrin Center for Entrepreneurship 2. Aggie ACHIEVE Program 15. Norman Borlaug Endowed Research 3. Albritton Center for Grand Strategy – Bush Scholars Program School 16. Petroleum Ventures Program 4. Brockman Scholars Program 17. Reynolds and Reynolds Entrepreneurship 5. Dean’s Choice Scholar in Mays Business Bootcamp for Veterans School – Brockman Foundation 18. Reynolds and Reynolds Sales Leadership 6. Don and Ellie Knauss Veteran Resource & Institute Support Center 19. Science Leadership Scholars Program 7. EnMed (Engineering Medicine) Program 20. Washington D.C. Teaching Site for the Bush 8. Hagler Institute for Advanced Study School of Government and Public Service 9. Halliburton Engineering Global Program 21. Wm Michael Barnes ’64 Department of Industrial & Systems Engineering 10. Haynes Scholars 22. Zachry Leadership Program 11. James Benjamin Department of Accounting 12. J. Mike Walker ’66 Department of Mechanical Engineering 13. Keyes Family real estate gift for the College of Veterinary Medicine & Biomedical Sciences 19 “Aggies saw many opportunities to make the world better through gifts for Texas A&M programs during the campaign, and they continued to make the world better despite the difficult challenges our nation faced this year. Most thought $4 billion was an impossible goal, but Aggies always find a way to accomplish the impossible.” Amy ’84 and Tim Leach ’82 Lead by Example Campaign Co-Chairs 20 Student Volunteerism • During the campaign, Aggie students dedicated approximately 12 million reported volunteer hours equating to a total monetary value of nearly $280 million. • While this total is not reflected in the campaign’s goal, it does demonstrate the enormous value that students bring to their communities through compassion and service. 21 Now what? Post Campaign for Texas A&M Foundation? To be among THE MOST TRUSTED…philanthropies in higher education. Strategic Alignment within TAMF and our three focus areas: • Our TAMF Team members • Our University Partners, includes affiliates • Our Donors 22 Questions? 23 .