About Us

On Sept. 12, 1953, a group of 21 Texas A&M former students and Texas A&M University System Regents gathered to officially create an organization they had long discussed. They knew that the Agricultural & Mechanical College of Texas would eventually need large charitable gifts to continue offering a quality academic experience. Utilizing the Texas Trust Law, the Texas A&M College Development Foundation was formed with an initial $100 in assets. Wofford Cain ’13, Sterling Evans ’21, Herman Heep ’20, W.P. Machemehl ’33 and A.F. Mitchell ’22 were named its first trustees.

Following the lead of Texas A&M in 1962, the Texas A&M College Development Foundation changed its name to the Texas A&M University Development Foundation.

In the 1960s, Texas A&M was maturing from an all-male, military and technical college into a full-fledged university. To help it along, five of the university’s most illustrious former students funded five four-year scholarships. These scholarships—intended to raise the quality bar for Texas A&M students—initiated the President’s Endowed Scholarship (PES) program. Awarded to high-achieving high school seniors, these scholarships represent the Foundation’s most visible giving program, more than 50 years old today.

The Foundation, initially formed as a Texas Charitable Trust, officially separated from the university and was incorporated as a 501(c)(3) charitable corporation.

Capturing the Spirit, Texas A&M’s first capital campaign, established a six-year goal of $500 million. At the time, it was the largest campaign goal ever set by a public university. In 1992, the campaign was publicly launched and, in 1996, a full 10 months ahead of schedule, Capturing the Spirit reached its goal.

Dr. Ed Davis ’67 took the helm of the Foundation in 1993 and led the charge to take a long-term portfolio strategy approach to the Foundation’s money management. In the 1992-93 fiscal year, contributions jumped 31% from $46.9 million to $61.4 million.

In 1998, the Foundation created the Foundation Excellence Award (FEA) program to aid students from historically disadvantaged groups often underrepresented in the student body, including minorities and those who face significant economic or educational hurdles. Since its founding, more than 1,000 students have attended Texas A&M with the help of an FEA.

Jon Hagler ’58—a prominent member of the Foundation’s Investment Advisory Committee—gave a lead gift of $5 million for the Foundation’s new headquarters. The completion of the Jon L. Hagler Center in 1999 provided new offices and meeting areas for Foundation administrators and staff. More importantly, it offered a central location on the university campus to recognize and celebrate philanthropy. The Texas A&M University Development Foundation capped off the completion of its headquarters with a new name: the Texas A&M Foundation.

The Foundation began the “silent phase” of the $1 billion One Spirit One Vision campaign in 2000. The campaign came to a close on Dec. 31, 2006. By the time all checks were counted, more than $1.5 billion in gifts and pledges had been made to the Foundation, The Association of Former Students, the 12th Man Foundation, and the George & Barbara Bush Foundation during the seven-year campaign period.

By 2004, the Foundation combined Texas A&M’s two premier donor recognition societies, the Forsyth Heritage Society and University Associates, to become the A&M Legacy Society. This society recognizes donors whose cumulative, current giving to Texas A&M totals $100,000 or more, and individuals who plan to make future gifts through their estates.

The iconic Gruy Fountain in front of the Jon L. Hagler Center was formally dedicated on Dec. 14, 2007. With their gift to fund the fountain’s construction, Rae T. and H.J. “Hank” Gruy fulfilled a lifelong dream of leaving a tangible landmark on the Texas A&M campus. Today, the fountain is a picture-worthy spot for Aggies on Ring Day and graduation.

In 2008, despite an unstable economy, the Foundation launched Operation Spirit and Mind, an initiative to raise $300 million for scholarships and graduate fellowships that raised $308.2 million between Jan. 1, 2007 and Aug. 31, 2011. That same year, Dr. Ed Davis ’67 established a new student organization—the Maroon Coats—to serve as student ambassadors for the Foundation. Today, Maroon Coats play a key role in helping the Foundation express appreciation to donors by attending events and writing or phoning donors to express gratitude for their gifts.

In January 2012, the Foundation began counting gifts toward Texas A&M’s third comprehensive fundraising campaign, Lead by Example. With a goal to raise $4 billion for Aggieland’s students, staff, faculty and programs by the end of 2020, the campaign marked the largest higher education fundraising effort in Texas history. During the nine-year period, individuals, corporations and friends of the university contributed $4.25 billion.

After more than two decades in a career that pushed Texas A&M into the nation’s top tier of higher education fundraising, Dr. Ed Davis ’67 announced his retirement from the Foundation in January 2016. Following his departure, Tyson Voelkel ’96 took office as the Foundation’s new president and CEO.