TTU System Concludes Historic Capital Campaign
Surpassing its original goal of $1 billion well ahead of schedule, the campaign generated a total of $1.069 billion.
September 23, 2013 | Written by Jaryn Jones
The Texas Tech University System marked the official conclusion of its most ambitious fundraising effort, Vision & Tradition: The Campaign for Texas Tech, on Aug. 31.
Surpassing its original goal of $1 billion well ahead of schedule, the campaign generated a total of $1.069 billion, making it the most successful capital campaign in the history of the TTU System.
“From our outstanding alumni base to our tireless development team, we have so many to thank for the success of this campaign,” said Chancellor Kent Hance. “The support of our donors is truly unprecedented, and I am so grateful for their dedication to see this campaign through to the end.”
Officially announced Sept. 17, 2010, the Vision & Tradition campaign has spurred an extraordinary time of growth at all four of the TTU System’s component institutions – Texas Tech University, Texas Tech University Health Sciences Center, Angelo State University and Texas Tech University Health Sciences Center at El Paso. Donations received during the campaign are benefitting student scholarships, faculty endowments, research efforts and facility improvements, among many other areas.
The $1 billion goal was achieved and exceeded thanks to a total of nearly 130,000 generous donors. Gifts to the campaign came from all 50 states and 41 countries.
“The Vision & Tradition campaign has ensured each of our institutions has a very promising future ahead,” Hance said. “Each and every gift has contributed to a lasting legacy that will benefit the Texas Tech family for years to come.”
About the Texas Tech University System
The Texas Tech University System is one of the top public university systems in the state of Texas, consisting of three component institutions and operating at more than 12 academic sites and centers. Headquartered in Lubbock, Texas, the TTU System has an annual operating budget of $1.7 billion and approximately 17,000 employees focused on advancing higher education, health care, research and outreach.
In 2012, total research expenditures approached $200 million and total enrollment exceeded 43,700 students for the first time in the TTU System’s history. Whether it’s contributing billions of dollars annually in economic impact or being the only system in Texas to house an academic institution, law school, and medical school at the same location, the TTU System continues to prove that anything is possible.