page_title: Texas A&M University
section_title: Endowment
hierarchical_section_title: Texas A&M University / Academics / Endowment
caption_attribution_description: Michel T. Halbouty Geosciences Building at Texas A&amp;M University, named after en:Michel T. Halbouty
context_page_description: Texas A&M University is a public research university in College Station, Texas. It was founded in 1876 and became the flagship institution of the Texas A&M University System in 1948. As of 2020, Texas A&M's student body is the largest in the United States. Texas A&M's designation as a land, sea, and space grant institution—the only university in Texas to hold all three designations—reflects a range of research with ongoing projects funded by organizations such as the National Aeronautics and Space Administration, the National Institutes of Health, the National Science Foundation, and the Office of Naval Research. In 2001, Texas A&M was inducted as a member of the Association of American Universities. The school's students, alumni—over 500,000 strong—and sports teams are known as Aggies. The Texas A&M Aggies athletes compete in 18 varsity sports as a member of the Southeastern Conference.
  The first public institution of higher education in Texas, the school opened on October 4, 1876, as the Agricultural and Mechanical College of Texas under the provisions of the Morrill Land-Grant Acts. It is classified among "R1: Doctoral Universities – Very high research activity".
context_section_description: Texas A&M University System (which includes Texas A&M, ten other universities, and a health center that are in the Texas A&M University System) has an endowment valued at more than $11 billion, which would rank second among U.S. public universities and 7th overall (if the University System was counted as one university). Apart from revenue received from tuition and research grants, the university, as part of the Texas A&M University System (TAMUS), is partially funded from two endowments. The smaller endowment, totaling $1.17 billion in assets, is run by the private Texas A&M Foundation.  A larger sum is distributed from the Texas Permanent University Fund (PUF). TAMUS holds a minority stake (one-third) in this fund; the remaining two-thirds belongs to the University of Texas System. As of 2006, the PUF ending net asset value stood at $10.3 billion; $400.7 million was distributed to the two university systems in fiscal year 2007. Combined, the total endowment for the TAMUS stands at $11.1 billion, as of 2015. Endowment assets dedicated solely to the College Station campus (as of 2015) are $259.9 million.
caption: The Michel T. Halbouty Geosciences Building houses the Department of Geology and Geophysics.
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