Contact

The Foundation can accept almost any type of asset that is readily marketable, including cash, securities, real estate, tangible personal property, collections and similar items.

Yes. Giving through the Texas State University Development Foundation allows you to direct your gift for a specific purpose.

An endowment is a permanent fund that the Development Foundation invests. The Board of Directors allocates a predetermined percentage of the fund each year based upon the approved spending rate to support the program or scholarship that a donor designates.

Contact us at txstdf@txstate.edu for assistance.

Making a gift of stock is an excellent way for donors to give a gift that may save them taxes in the future. Please email us at txstdf@txstate.edu for assistance.

The minimum gift level for any new endowed account is $25,000. Pledges may be made over a period up to five years. Visit the University Advancement website for more information on endowment levels.

Unrestricted gifts do not have conditions or restrictions on how they may be used. This enables the university to use the funds for top priorities. Restricted gifts must be used in accordance with the conditions established by the donor.

The Board of Directors selects a balanced, long-range portfolio using high-quality investment managers. 

The Foundation is an independent not-for-profit corporate entity governed by its own Board of Directors and is legally independent of the university. The by-laws specify that the Foundation operates for the sole benefit of the university. The Development Foundation works closely with the Division of University Advancement.

Foundation staff perform all accounting and bookkeeping operations internally. An independent Certified Public Accounting firm annually audits Foundation financial statements and management procedures. 

The principal gift that establishes an endowment is always preserved, with only the investment income distributed annually to support the fund’s purpose. Earnings in excess of this distribution are used to build the fund’s market value. Donated funds (the principal) are invested to generate income. Earnings are distributed annually to designated accounts. For the TXST Foundation endowment, earnings are calculated as 4% of the preceding 12-quarter average market value of Foundation assets.

The TXST Foundation fees include a 1.5% annual fee to cover administrative operating costs of the Foundation and the investment consultant and the institutional investment assessment, a one-time 5% investment assessment to improve University Advancement’s capacity to increase philanthropic giving to Texas State. The assessment partially defrays the cost to upgrade reporting systems, supports the growth and efficiency of fundraising operations, and is a common practice among our peers.