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Endowments At Work
Endowments are permanent funds that support The University of Texas Health Science Center at San Antonio’s academic, research and patient care missions, and can be used to support student scholarships, recruit and retain distinguished faculty, provide lectureships, or enhance a world class research laboratory. Allocated funds work to support stellar faculty and staff members, allowing them to devote more time to areas of excellence in which they have superior expertise — from providing scholarships to teaching to research to highly specialized care.
Every year, a certain percentage of the endowment’s market value is made available to support a specific activity or program. The remainder of the fund’s earnings are reinvested as a hedge against inflation and leveraged as a tool for growth. In this way, the endowment can provide an ever-expanding base of resources.
Each UT Health San Antonio endowed fund is pooled for investment purposes with the other endowments in The University of Texas Investment Management Company’s (UTIMCO) Long Term Fund which now has a value of approximately $52.5 billion. The fund’s strategy is to invest in a broadly diversified portfolio of fixed income and equity securities in both domestic and international markets using a long-term investment horizon. The amount distributed is determined annually by UTIMCO and, if required by policy, approved by The University of Texas Board of Regents. The distribution amount is determined by a formula that considers the needs of current beneficiaries with those of the future.
All said, endowments are the most lasting way a donor can give by providing one of the most secure sources of future revenue for UT Health San Antonio to have cutting-edge research and vital support for students, faculty and programs. They forever benefit the missions of our institution and ensure excellence in perpetuity.
Strong endowments make great universities. Thank you for making us great!
Academic: Supports work of a faculty member. The endowed holder may use these funds for research and equipment expenses and other scholarly activities.
Miscellaneous: Supports programs or departments. These funds may benefit lecture series, research endeavors, or another specific priority of the program or department.
Scholarships: Supports students through financial assistance. These funds give students the opportunity to access and specialize in fields of study that otherwise may not be possible for them.
