Alumni and friends of Texas State University play a vital role in serving and shaping the university by offering their time and leadership to the Texas State Development Foundation.
Development Foundation
The Texas State University Development Foundation supports and furthers the mission of Texas State University through the acceptance and investment of gifts established as endowments benefiting the students, faculty and staff.
Established as a not-for-profit 501(c)(3) in 1977, the Foundation is committed to appropriately accepting, stewarding and maintaining investments of private donors with loyalty and integrity. The long-term objective of the Foundation is to earn a return sufficient to preserve the purchasing power of the Foundation for generations to come, as well as providing for current scholarship needs.
Our Committees
The Development Foundation is governed by an elected Board of Trustees. The Foundation uses a committee structure to conduct routine business.
Audit & Finance
Serves as the liaison to the foundation’s independent auditor and oversee the Foundation's budget.
Board Development
Tasked with developing recommendations for new board members.
Executive
Composed of the Board Chair, Vice Chair and chairs of the Steering Committee and immediate past chair of the Board.
Investment
Charged with monitoring the investment performance of the foundation’s portfolio.
$132.8
MILLION
Market Value as of
September 30, 2024.
Financial Activity
The Development Foundation maximizes investment returns while minimizing risks in order to provide the maximum benefit to the university and its students.
Frequently Asked Questions
Discover how you can partner with the Development Foundation to invest in our students, our faculty, and our future.
-
What type of gifts does the Foundation accept?
The Foundation is able to accept almost any type of asset that is readily marketable, including cash, securities, real estate, tangible personal property, collections and similar items.
-
Can I make a gift to benefit a specific college or program?
Yes. Giving through the Texas State University Development Foundation allows you to direct your gift for a specific purpose.
-
What is an endowment?
An endowment is a permanent fund that the Development Foundation invests. The Board of Trustees allocates a predetermined percentage of the fund each year based upon the approved spending rate (approx. 4 percent) to support the program or scholarship that a donor designates.
-
I wish to make a gift to a Foundation fund, what should I do?
Contact us at txstdf@txstate.edu for assistance.
-
What about gifts of stock?
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 assistance.
-
What amount is required to open a new Foundation Endowed account?
The minimum gift level for any new endowed account is $25,000. Pledges may be made over a period up to five years.
-
What is the difference between a restricted and unrestricted gift?
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.
-
How are the Foundation accounts invested?
The Board of Trustees of the Foundation selects a balanced, long-range portfolio using high-quality investment managers. View investment information at Investment Performance.
-
Is the Development Foundation a part of Texas State University?
The Foundation is an independent not-for-profit corporate entity governed by its own Board of Trustees and is legally independent of the university. The By-laws of the Development Foundation specify that they operate for the sole benefit of the university. The Development Foundation works closely with Texas State University Office of University Advancement.
-
Does Texas State University handle the Foundation’s bookkeeping?
Foundation staff perform all accounting and bookkeeping operations internally. An independent Certified Public Accounting firm annually audits Foundation financial statements and management procedures. A copy of the most recent audit is available at Audit.
Meet the Staff
The Development Foundation staff is honored to be entrusted with the mission to foster and manage gifts given in support of academic excellence at Texas State.
Additional Resources
Development
Foundation
J.C. Kellam 914
601 University Drive
San Marcos, TX 78666
512.245.2380
txstdf@txstate.edu