For decades, the Texas A&M University community and the Texas A&M Foundation have held to two equal and seemingly incompatible truths: that our historic core values will stand the test of time and that we must embrace change if we wish to lead. Aggies champion tradition and innovation because they know that both powers, though often framed as contradictory, complement each other and inform who we are. Amid ever-shifting circumstances, we have learned to adapt to secure the values we hold dear for generations to come.
During the last fiscal year, the hefty challenge we faced in the COVID-19 pandemic has simultaneously set us back and pushed us to move forward. Despite a decrease in fundraising activity, we still met and exceeded the Lead by Example campaign’s goal of raising $4 billion by working hand-in-hand with our academic partners, donors and affiliate partners: The Association of Former Students, the 12th Man Foundation, the Texas Aggie Corps of Cadets Association, and the George and Barbara Bush Foundation. Despite distancing measures physically separating us from donors, we stayed connected through proactive communication and people-centric programs like our Heritage Member Book Club. And despite working in extraordinarily uncertain times, our team prioritized making extensive, necessary organizational changes to lay the groundwork for a brighter future.
To ensure a forward-thinking approach to asset management, our investment team’s long-term investment plan and strategic asset allocation have been rigorously restructured with our board’s influence and approval to best align with the university’s needs. During this process, our investment team focused on maximizing our endowment’s competitive advantage—its long investment horizon—and creating a platform that prioritizes long-term success. The Foundation embraces a renewed investment philosophy based on maintaining fundamental excellence, cultivating quality relationships and building an integrated portfolio that recognizes our generational commitment to Texas A&M. We call it “The Aggie Way” because it strives to reflect the brightest characteristics of our proud community.
As we boldly enter a new era for our state, nation, world and beloved university, our Foundation maintains its commitment to constantly reassessing and improving our best practices. We do this because we believe our work extends far beyond our members, our organization and even the historic university it serves. We serve Aggies because Aggies serve all of humankind. Rooted in our past and inspired by our future, we endeavor to do our part in restoring hope in tomorrow, one relationship at a time.
Thanks for all you do.
Louis “Lou” Paletta II ‘78 Chair
Tyson Voelkel ’96 President & CEO