TCU Investment Management is responsible for managing Texas Christian University’s endowment, which consists of the long-term investment assets of the university. The endowment’s assets under management totaled $1.7 billion as of June 30, 2019, ranking 64th in the nation in terms of asset value.
For fiscal year 2019, the annual payout provided about 10% of the university’s operating budget. Such funding fuels people, programs and progress. The endowment supports financial aid and scholarships for students, endowed chairs and professorships for faculty, as well as academic programs across campus.
“If the college was to continue beyond the lives of the present workers it must have an endowment.”
RANDOLPH CLARK – Reminiscences, 1919
The Clark brothers, Addison and Randolph, founded TCU in 1873. The endowment was established in 1910 from an initial campaign generating $55,000.
Learn more with the 2018-2019 Endowment Report
With oversight provided by the investment committee of the Board of Trustees, TCU’s chief investment officer and staff of investment professionals focus on preserving the endowment to last in perpetuity.