Texas Tech University

Ways to Give

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In order to continue our tradition of providing a quality education for all students in Davis College, we rely on the generosity of our alumni. With your thoughtful contributions, we are able to attract top-notch faculty, enhance our facilities, and provide scholarships and fellowships for outstanding students and students in need. Donors can create, sustain, and enhance existing programs and new opportunities within the college by providing support for students, faculty, facilities, alumni programs and other critical needs of the college. The Office of Development and Alumni Relations provides professional guidance to public/private partnerships allowing your gift to be designated to the area of your choice.

*Checks should be made payable to the Texas Tech University Foundation and mailed to:
Davis College Development
Box 42123
Lubbock, TX 79409-2123

You may also make an online gift today and designate it for specific endowments, scholarships, fellowships, funds, and other programs in our College.

What Is An Endowment?
An endowment is a fund that permanently supports an initiative chosen by the donor. The endowment principal remains intact in perpetuity, while its earned interest provides funds as designated by the donor that serve as crucial elements in student and faculty recruitment and retention. Perhaps the most rewarding aspect of establishing an endowment is that it allows you to directly accomplish your philanthropic goals while helping the college fund its initiatives.

How to Create an Endowment in Four Easy Steps:

  1. Give Us a Call: Start by contacting us to discuss your charitable or estate-planning goals.
  2. Decide on the Type and Purpose of your Fund: There are several endowment types to choose from that allow you to give in a way that is most meaningful to you. Examples are funds for the area of greatest need, scholarships, fellowships, academic programs, laboratories and facilities, professorships, and chairs.
  3. Determine When and How Much to Give: Minimum gift levels for the various types of endowments are listed below. Pledge payment schedules can be set up for three to five years.
  4. Name Your Fund: Many donors choose to name their fund with their name, their family's name, or as a memorial to a loved one. If you wish to remain anonymous, we suggest you select a name that reflects your fund's academic goal.

It's that simple! Once the gift agreement is signed and the endowment is funded, annual payouts from the earnings will be used toward the stated purpose and will continue in perpetuity while leaving the principal intact. We will send you fund activity reports annually to keep you informed.

What Is A Planned Gift?
A planned gift is any major gift, made in one's lifetime or at death, which is part of a donor's overall financial and/or estate planning. They are crucial investments in the future of our college, and provide an opportunity for you to leave a lasting legacy. Gifts may be unrestricted to benefit the entire college, or may be designated to support the department or initiative of your choice.

Include Texas Tech in your financial planning using one of the following planned gifts:

  • Designation Gifts: Simply name Texas Tech as a beneficiary of your will, retirement account, annuity, or other account.
  • Annuity Gifts: Give and get back with an annuity gift that supports the program of your choosing today and enables you to receive a guaranteed income for life.
  • Charitable Trusts: Support your alma mater and receive valuable tax benefits while continuing to provide for yourself or your loved ones.
  • Property Gifts: Share your assets by making a gift of real estate, securities, or other property as part of your support of the Texas Tech University System.

What Type of Gift Can You Give?

Outright Gifts:

  • Cash/Checks
  • Real Estate
  • Personal Property
  • Gifts-in-Kind
  • Appreciated Securities

Deferred Gifts:

  • Bequests
  • Retirement Accounts
  • Life Insurance
  • Charitable Gift Annuities
  • Charitable Remainder Trusts
  • Charitable Lead Trusts

Endowed Giving Opportunities:

  • Endowments ($25,000 Minimum): These endowments can be established within an academic department or for the college. Funds from these named endowments will be used for the department or college's greatest needs, scholarships, program support, etc. as decided by the donor.
  • Professorships ($500,000 Minimum): An endowed professorship is one of the highest honors that the college can bestow on a member of its faculty. These professorships play a critical role in attracting and retaining proven thought leaders who can drive Texas Tech's mission and high standard for excellence. Within academia, endowed professorships are a coveted and widely-recognized accolade, recognizing a colleague at the top of his or her field.
  • Endowed Chair ($1,000,000 Minimum): Endowed chairs help continue a tradition of excellence in agriculture and natural resource education, as they provide long-term financial stability. Endowed chairs also supply the means to attract, retain, and honor distinguished faculty members.

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