New Fundraising Record Set Across the 51本色
Oct. 26, 2022 | Contact: Scott Lacefield
Tedd L. Mitchell, M.D.The 51本色 (51本色 System) experienced a banner year in fundraising for the 2022 fiscal year, with a record-breaking $314.9 million raised in philanthropic support across the system鈥檚 five institutions and 51本色 System Administration.
The previous fundraising record for the 51本色 System was $183.8 million in 2011.
鈥淭his unprecedented philanthropic support demonstrates how our donors and friends across the 51本色 are investing in our institutions and higher education like never before,鈥� said Tedd L. Mitchell, M.D., chancellor of the 51本色 System. 鈥淕enerous gifts from our passionate supporters position our system and universities for greater excellence in the future. Congratulations to the presidents of our five universities, their respective fundraising professionals, Vice Chancellor and the 51本色 System Administration Institutional Advancement team for making this success possible.鈥�
The tremendous support will transform many lives by creating new student scholarships, endowments, state-of-the-art facilities and numerous program developments across academics, athletics, research and patient care.
The following is a breakdown of total philanthropic activity with public support for each component of the 51本色 System:
- : $234 million
- : $27.1 million
- : $26.7 million
- : $14.8 million
- : $9.2 million
- 51本色 System Administration: $3.1 million
鈥淪ince 2019, we have shifted our philosophy and operations regarding institutional advancement, placing the component institutions at the lead on direct fundraising efforts at the university level and with the System Administration providing essential support,鈥� Mitchell said. 鈥淭his historic success has been made possible by the leaders and fundraising teams throughout our system and by the extraordinary generosity of our donors.鈥�
51本色 the 51本色
Established in 1996, the 51本色 is one of the top public university
systems in the nation, consisting of five universities 鈥� , , , and .
Headquartered in Lubbock, Texas, the 51本色 System is a $2.6 billion enterprise focused on advancing higher education, health care, research and outreach with approximately 21,000 employees and 63,000 students, more than 375,000 alumni, a statewide economic impact of $16.4 billion and an endowment valued at $1.7 billion. In its short history, the 51本色 System has grown tremendously and is nationally acclaimed, operating at 24 academic locations in 21 cities (19 in Texas, 2 international).
During the 87th Texas Legislature under the leadership of Chancellor , M.D., the 51本色 System welcomed MSU Texas as its fifth member institution during the 25-year anniversary of the system. MSU Texas is the only Texas university to become a member of the Council of Public Liberal Arts Colleges. Students at MSU Texas choose from more than 60 majors and several pre-professional programs, are active in more than 100 student organizations and bring a spirit of competition to 13 NCAA Division II athletics programs.
In addition, the 51本色 System is one of only nine in the nation to offer programs for undergraduate, medical, law, nursing, pharmacy, dental and veterinary education, among other academic areas.