TCU
TCU announced on Thursday that it had achieved and surpassed the most ambitious fundraising campaign in its 150 years.
More than $1 billion has been committed for “Lead On: A Campaign for TCU,” a campaign co-chaired by two members of the Board of Trustees, Ronald C. Parker and Dee J. Kelly Jr. A total of 57,000 donors made it so.
The campaign set a record for the university and placed TCU among the leading institutions in the U.S. in terms of comprehensive fundraising efforts, according to university officials.
“For all of us at TCU, this is an incredible moment to reflect upon the impact of this effort for the future of our university,” said Chancellor Victor J. Boschini in statement thanking “generous and loyal supporters.”
“It is difficult to overstate the importance of this investment by so many who care so deeply about TCU’s students, faculty, and staff. Together as Horned Frogs, we will continue to charge forward to strengthen our university and impact the greater good for generations to come.”
The announcement was made on Thursday night during a celebration in the Ed and Rae Schollmaier Arena. Forty percent of the total came from TCU alumni, 27% from foundations and 14% from parents, officials said.
“The success of ‘Lead On: A Campaign for TCU’ is proof that our potential is limitless, and our vision for the future will continue to inspire students for the next 150 years,” said Kelly. “This significant philanthropic support will impact generations of TCU students, and I am proud to carry on my family’s legacy with TCU.”
The university’s mission is supported by fundraising. The endowment grew 118% through the campaign, enabling additional support for key initiatives that increase access to a TCU education and allow for expansion and improvements to the campus experience. Need-based financial aid grew by 185%, from $43 million in 2012 to $123 million in 2022.
University officials said the campaign commitments will bolster TCU’s ability to accomplish the four high-level priorities of the university’s strategic plan, “Vision in Action: Lead On:”
- Strengthen academic profile and reputation
- Strengthen the university’s endowment
- Strengthen the TCU experience and campus culture
- Strengthen the workforce for both employees and graduates
“The future of TCU has been made possible by every generous gift to this campaign,” said Parker. “As an alum, a former student-athlete, a Horned Frog parent and a trustee for more than 20 years, I have felt the impact of a TCU education and the support of the TCU community. It’s been an honor to celebrate the spirit of this community that always goes above and beyond expectations. Go Frogs!”
Said Kit Moncrief, chair of the Board of Trustees: “TCU’s success is a testament to our people, starting with our students, faculty and staff, to the donors who made our $1 billion goal a reality, and to my dedicated trustee colleagues.
“TCU has been a part of my life since I was a child and my mother served as a TCU trustee. It is an honor to continue our legacy of support into TCU’s future. Accomplishing our $1 billion Lead On campaign goal is an important step in securing TCU’s next 150 years of educating leaders. On behalf of TCU’s Board of Trustees, we extend our gratitude for the generosity, loyalty and support of our community.”