Thanks for posting this.
And yet it looks like TT is reporting it. A bit strange somebody at the UHS
did not see this gets in there.
229115 Texas Tech University System Lubbock TX
Public college, university, or system fund
4-Year Public College/University
Doctoral Non-HBCU 54,987 2,903,520.86 1,715,597.064 69.24 52,803.769
Again, if the one billion plus from the new endowment which Tech counts, but we strangely don’t, we quickly rise to pretty elite levels for a public U.
TT is kicking our ass in everything except basketball it’s embarrassing that a school in nowhere Lubbock is whooping a major city school lol, their alumni care much more about their school than our fickle UH alumni it’s a damn shame
I think it’s because of our Treasurer and Finance Director. I’m not fond of our Treasurer mainly because he is or was a shared service provider with TSU. I’m also not excited about the strategy the department uses. Treasury at UH should be run by a full time, non-profit aligned, leader who thinks he is running a hedge fund without the fixation for cocaine or infinite risk.
I could be wrong, but last I checked, it is appropriate, in non profit/government accounting, to report allocations within the year they are provisioned despite the funding being made over a longer period of XX years. Tech is doing it and we’re not, so it could be we’re being lazy or extremely conservative. I’m going with the first one.
Tech has made some excellent investments over the last 10-15 years of developing relations with high performing alumni. That is something where we’re falling flat and gutting the alumni association last year isn’t doing any favors for the future.
UHS endowment for 2Q 2025 now available.
Down about 52 million to 1.129 billion. Large
51 million distribution and 20 million loss in
unrealized depreciation of assets. No major gifts recorded for past quarter.