TCU Investment Management’s assets under management comprise both the long-term and short-term investment assets of the University. The capital markets portion of the Endowment refers to the long-term investment assets detailed under the Strategies tab. Other long-term investment assets include direct real estate, minerals, and other Endowment assets. The University’s operational cash and reserves comprise the short-term assets.
The annual payout provides about 14.4% 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.
The Power of Endowment
With oversight provided by the investment committee of the Board of Trustees, TCU’s Chief Investment Officer and staff of investment and operations professionals focus on preserving the University’s investment assets to last in perpetuity.