2022 Terry Foundation Annual Report

“Being a Terry means knowing that there is always a strong support system rooting for you every step of the way and that you are part of a large family that will always have your back. The Terry Foundation has meant everything to me and more, and it provided me with the financial freedom and abundant resources to accomplish so much during my time as an undergrad. My journey is just beginning, and I cannot wait to take you along with me.”

Forough Askarirad, UTSA 2018

3336 Richmond Ave. Suite 450 Houston, TX 77098 terryfoundation.org

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2022 Annual Report 3

Table of Contents

Chairman’s Letter

1 Chairman’s Letter

16 Celebrating 35 Years of Terry Scholars

2 Our Founders

18 Virtual Hosts & Panelists

3 Mission, Vision & Pillars

20 Virtual Alumni Gathering & Banquet Speakers

4 Board of Directors

22 Our Donors

6 Alumni Advisory Board

24 Our Funding

8 SEL Committee

28 Enrollment & Demographics

10 Interview Panelists

30 Financials

12 Alumni Association

31 Terry Study Abroad

14 Terry Connect

It is a new year and the Terry Foundation continues to develop future leaders of Texas through education! With pleasure I report that our Foundation remains strong and our scholars continue to flourish. Our endowment continues to outperform the general market, thanks largely to the skill and foresight of Ed Cotham, our outgoing Chief Investment Officer (now fully retired) and his capable successor, K.K. Eschbach (TAMU 2004). We will miss Ed’s market knowledge and general advice, though we are pleased he has agreed to add “CIO Emeritus” to his many titles and awards. The Foundation owes much to Ed’s guidance and assistance over the years. He will be greatly missed.

In March 2020, few people knew what Zoom was and now most of us are skillful users! After two years of Zoom, in 2022 we finally got back to mostly “in person” interviews. One of Terry’s core values is selecting scholars individually and we believe there is no substitute for a personal handshake. Going forward, we expect all interviews, banquets and picnics to be “in person,” for which we are all thankful.

Today our Foundation supports 728 scholars at 13 public universities across Texas with a “spend” of about $21 million.

The Foundation has matriculated 6,236 scholars (current and alumni) since our beginning in 1987 at a total cost of $354.7 million. We will have 25 interview panels in the spring and award 320 new scholarships with a budget of about $24.5 million.

Our alumni base has grown to 5,005 supported by 5 Terry Scholar Alumni Association chapters. If you have not joined the alumni chapter in your area, we encourage you to do so. We are gratified to have 2,711 alumni users of Terry Connect, (www.terryconnect.com) which is 54% of our alumni base. Terry Connect directly supports alumni as well as current scholars. If you have not tried it, you should.

About the Design Theme Unique: u·nique | /yo•oˈnēk/ belonging or connected to (one particular person, group, or place). being the only one of its kind; unlike anything else. particularly remarkable, special, or unusual.

Incoming Terry Scholars continue to have great need with over 71% being Pell eligible. We are gratified that our Terry family (alumni, employers, organizations, parents and friends) recognize this need by giving back to the Foundation financially. In 2022, we received 363 separate gifts from 87 donors totaling $136,493, a new record we expect to surpass in 2023. I am especially pleased to report that the Board has created a parallel public charity (Terry Scholars Fund) that is now accepting contributions that are used exclusively to support Terry Scholarships. We thank Meyling Ly Ortiz (TAMU 1999), Maddy Kulkarni (UT 2001) and Harrison Pierce (UTSA 2008) for their service on the Terry Scholars Fund Board. I encourage you to think of the Terry Foundation and the Terry Scholars Fund when making charitable contributions. We are not the only worthy cause, but none have more positive long term benefits. All gifts directly support our educational efforts. No contribution is too small, and in the aggregate, they help further Howard and Nancy Terry’s vision of developing future leaders of Texas through education.

The Terry Community is unique because each Terry Scholar is remarkable in their own way. They each have an individual identity as distinct as fingerprints. However, they all share the distinguished honor of being Terry Scholars and everything that identity represents. Terry Scholars each leave their own unique mark on the world, but they are united in their common dedication to using their gifts and the gift of an education to make an impact.

We take a moment to welcome our newest staff members, Shaunon McClellan (she is not a Terry Scholar but she got here as quickly as she could) and Kyle Knight (UH 2013). We wish the best for Becky Adams as she enters retirement after nearly 20 years of service. Our amazing staff is truly the best of the best. Thanks to all for making 2022 another successful and productive year.

This publication and the 2021-2022 Year in Review celebrate the Terry Community for the traits that make it special. It honors the diverse characteristics and experiences of every Terry Scholar and the way that those individual attributes coalesce to form the common, distinguished identity of the Terry Community as a whole.

Rhett G. Campbell Chief Executive Officer and Chairman of the Board of Directors

To read the full Year in Review, visit: https://l.ead.me/bb5LJt

This Annual Report was created by Ciara Designs.

Ciara Shay (TXST 2012) is the owner of Ciara Designs.

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Our Founders Howard and Nancy Terry In 1987, Howard and Nancy Terry founded what is now the largest private source for scholarships in Texas. The Terrys believed that the students to whom they extended a helping hand would, in turn, give back - to the Foundation, to their college campuses, to their communities and beyond. Today, the success and impact of thousands of Terry Scholars stand as testimonies to the wisdom of that belief.

Our Mission

To develop future leaders of Texas through access to education.

The 2022 - 2023 academic year marks the Foundation’s 35th anniversary of awarding scholarships!

It is truly amazing to think about the impact that Howard and Nancy Terry have had on higher education in Texas.

6,236 Terry Scholarships totaling more than $354 million dollars have been invested in outstanding Texas students since 1987.

Those Terry Scholars have impacted their families and communities through the gift of a college education, and they steward the Terrys’ mission and vision into the future.

$485.79MM endowment size as of December 31, 2022

Our Vision

To create a community of educated leaders who utilize their talents to strengthen the state of Texas and impact the world.

Pillars of Excellence SCHOLARSHIP LEADERSHIP SERVICE COMMUNITY The strength of the Terry Community lies in the diverse perspectives, gifts and goals of Terry Scholars. Although the Terry Pillars of Excellence are common standards held by all Terry Scholars, each individual embodies and demonstrates them in a number of different ways.

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Our Organization Board of Directors board of directors RHETT CAMPBELL

KIM PEKAR

YVONNE MOODY

BONNIE SOUTHERLAND

BRIAN YARBROUGH

SCOTT GRASS

CARTER OVERTON

BRIAN CARROLL

DR. JEFF STICHLER

BRANDY HORTON

DR. ELIZABETH KEELER

KATHRYN FLOWERS

Chief Executive Officer and Board Chairman

Board Member, TAMU 1998

Foundation President and Executive Director, TAMU 1987

Below: Scott Grass (second from left) at 2022 TAMUG Banquet

Below: Brandy Horton (right) at 2022 UTA Banquet

Board Member, TXST 2004

Board Member, UH 2006

Board Vice Chair, UT-Austin 1988

Left: Board of Directors with Terry Scholar Fund Committee Representative, Mey Ly-Ortiz (TAMU 1999) and Advisory Board Representative, Ciara Shay (TXST 2012) at the November Annual Board Meeting

Board Member, UT-Austin 1994

Board Member

Board Member, TAMU 2001

Board Member, TAMU 1990

Board Member, UT-Austin 2007

Board Member, TAMU 1992

terry scholars fund

Above: Board of Directors at the May Mid-Year Board Meeting

The Terry Foundation is pleased to announce that Kristin “K.K.” Eschbach (TAMU 2004) has joined our team as Chief Investment Officer (CIO). K.K. replaced Edward Cotham, Jr., former Foundation President and Chief Investment Officer when he officially retired at the end of 2022.

“As Howard and Nancy Terry intended, the Foundation’s vision is to create a community of educated leaders who utilize their talents to strengthen the state of Texas and impact the world.

Since 1987, the Foundation has awarded over 6,000 scholarships and invested more than $338 million to send students to 13 Texas universities. Our community of educated leaders continues to grow and thrive. I think that Howard and Nancy Terry would be proud of their Foundation’s accomplishments, and I know that they would be delighted to see its future management in the hands of people who care so passionately about its mission.”

Edward Cotham, Outgoing Chief Investment Officer

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The Terry Scholars Fund is a new public charity that will launch in 2023. The mission of the Terry Scholars Fund is to support the success of the Terry Foundation’s mission: to develop future leaders of Texas through access to education.

The purpose of the Terry Scholars Fund is to provide an effective way for donors to support the Terry Scholarship Program. 100% of every donation will go directly to Terry Scholarships. In addition to leadership from the Foundation Board of Directors, the TSF Board includes the addition of three Terry Scholar Alumni.

MEYLING LY-ORTIZ

RHETT CAMPBELL

MADDY KULKARNI

YVONNE MOODY

TSF Board Chair, TAMU 1999

TSF Board Member, UT-Austin 2001

Terry Foundation Board Chairman

Foundation President and Executive Director, TAMU 1987

HARRISON PIERCE

TSF Board Member, UTSA 2008

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Our Organization Alumni Advisory Board advisory board members LUIS BANUELOS

LAURA FRIELLO

GRACIE MARTINEZ

COL. ANDREA ROSALES

KAITLYN BLOCK

REAGAN GIESEKING

MATT MCCUTCHEN

KYLE RUSSO

DEREK CASTILLO

HAYLEY GRAHAM

SALMA MENDEZ

CIARA SHAY

CHRISSY CITZLER-CARR

CURTIS “CJ” JEFFRIES

DR. APRIL MICHAUD-WILLIS

ADAM WILLIAMS

LANDON COWAN

LOGAN JUNG

RACHEL MURDY

KWENTORIA WILLIAMS

ALICIA DIETRICH

JENN KRATKY

MEYLING LY-ORTIZ

BRUCE WILSON

MICHAEL DRAB

DR. CHRISTOPHER LOO

KRYSTAFER REDDEN

HOLLY WISSMANN

DENISE RICHTER

SARA WOLFE

TAMU 2013, Sam Houston State University College of Osteopathic Medicine, Medical Student

UTD 2013, The University of Texas MD Anderson Cancer Center, Program Manager, Cancer Prevention and Control

UT-Austin 1988, IBM, Strategic Communications Leader, IBM Design

UT-Austin 1993, Apollo Endosurgery Inc., Corporate Controller

UNT 2013, Marquette University and Trumpet Behavioral Health, Behavior Analyst and Doctoral Candidate in Psychology Behavior Analysis

UT-Austin 2000, College of Fine Arts, University of Texas at Austin, Director of Communications

UH 2009, Jackson Waller LLP, Associate Attorney

UTSA 2006, Garver, LLC, Project Manager

TAMU 2007, Creative Realities, Inc., Implementation Manager

UTD 2011, Lewisville Independent School District, Speech-Language Pathologist

UNT 2015, K&N Engineering, Operations Manager

UTSA 2013, Zillow, Senior Sales Operations Analyst

UT-Austin 2000, Professional Volunteer

TAMU 1996, Christopher H. Loo, MD-PhD, Founder and CEO

UH 2014, Lamar Consolidated ISD, Director of Communications

TTU 2012, Phillips 66, Project Manager

UTSA 2012, Travel Guru Destinations, Owner

UT-Austin 2005, April Willis Consulting, LLC, Principal Consultant

TTU 2012, Southwest Airlines, Technical Writer

TAMU 1999, Toyota Motor North America, Managing Counsel of Labor & Employment

UH 2008, Rhode Island Department of Education (RIDE), Chief of Staff

TXST 2006, Methodist Hospital Stone Oak Rehab Center, Speech-Language Pathologist

TAMU 1998, U.S. Army, Military Intelligence Officer

UTD 2012, Texas Tech University Health Sciences Center Paul L. Foster School of Medicine, Medical Student

TXST 2012, Ciara Designs, Owner and Graphic Designer

TAMU 2000, Sandia National Laboratories, Principal R&D Systems Engineer

UTD 2013, URGE: Unite for Reproductive & Gender Equity, Senior Communications Director

TTU 2015, First Financial Bank, Project Manager

UT-Austin 1999, Breakthrough Central Texas, Director of Philanthropy

TTU 2012, Kasowitz Benson Torres, Associate Attorney

“Serving on the Advisory Board Selection Committee is a privilege I am honored to hold. This position has allowed me to participate in choosing the future of continued alumni involvement in the Foundation.

Although this task can prove arduous with the many qualified Terry Scholar Alumni candidates, I am personally fulfilled in knowing that the Advisory Board is in great hands for years to come.”

Kyle Russo, UTD 2012 Advisory Board Member and Advisory Board Selection Committee Member

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Our Organization Self-Evaluation Letter (SEL) Committee A Self-Evaluation Letter (SEL) is written by a Terry Scholar to the Foundation. The letter typically includes academic and non-academic goals set for the coming year and outlines how a Scholar intends to meet their goals. In addition, Scholars can review the goals they have set in their previous year’s letter and candidly evaluate how well they achieved those goals.

“I look forward each year to reading the great accomplishments of each of the scholars and being able to respond back on a one to one level. Not only does it feel great to give back, but I also very much enjoy being able to respond and provide feedback on a more personal level. SEL is such a rewarding experience and I look forward to serving on that committee each year!”

Chrissy Citzler-Carr, UT-Austin 1993 Advisory Board Member and Self-Evaluation Letter Committee Member

sel committee members responded to

2022 sel response committee members LUIS BANUELOS TAMU 2013

HANNAH GERKEN TAMU 2014

RACHEL MURDY TTU 2012

KAITLYN BLOCK UTD 2013

REAGAN GIESEKING TAMU 2007

COREY NIEMAN UT-Austin 2007

BRANDY HORTON TAMU 2001

LESLEY GLEASON TAMU 2005

MEYLING LY-ORTIZ TAMU 1999

CHRISSY CITZLER-CARR UT-Austin 1992

HAYLEY GRAHAM UTD 2011

ALLISON READINGER UT-Austin 1994

LANDON COWAN UNT 2013

CURTIS “CJ” JEFFRIES UNT 2015

DENISE RICHTER TXST 2006

LEIGH DARILEK UT-Austin 1996

JENN KRATKY UT-Austin 2000

KASEY RUEDAS YANNA UT-Austin 2005

ALICIA DIETRICH UT-Austin 2000

KIM MAI LE UH 2010

KYLE RUSSO UTD 2012

DR. AMANDA DONOHOE UT-Austin 1987

DR. CHRISTOPHER LOO TAMU 1996

BLANE SKILES UNT 2012

MICHAEL DRAB UH 2009

CHARLES LUU UT-Austin 1996

BONNIE SOUTHERLAND TXST 2004

KATHY DUGGAN UT-Austin 1987

GRACIE MARTINEZ UH 2014

JENNIE SYAMKEN TXST 2004

KATHRYN FLOWERS UT-Austin 2007

SAMANTHA MCMILLAN UTD 2008

DR. ADAM WILLIAMS TAMU 2000

MARIA GARNETT TAMU 2006

DR. APRIL MICHAUD-WILLIS UT-Austin 2005

BRUCE WILSON TTU 2015 SARA WOLFE TTU 2012

364

68% 537

of letters were read by SEL Committee Members

total Scholar letters submitted in Summer 2022

Self-Evaluation Letters

“The Terry scholarship has meant unconditional support for me. I am forever grateful for the opportunity to have graduated debt free, but most importantly, I am most grateful for all of the support that the Terry Foundation showed me throughout the past 4 years. At every event, I always heard “we are proud of you”, “you are here for a reason”, etc. and I cannot express how valuable that encouragement was for me. At many events, I felt like I wasn’t deserving of being a Terry Scholar, but the friends and staff that I met at every event motivated me to be the best Terry Scholar that I can be. Thank you so much, and I hope to make Mr. Terry and the Foundation proud.”

Paulina Echanove, UT-Austin 2018

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Our Organization Interview Panelists The 2022 Terry Scholarship Interviews were conducted from March 21 to April 1, 2022. The Terry Foundation extended 225 scholarship offers to outstanding Texas high school graduates to become the newest class of Terry Scholars.

2022 Terry Interviews Snapshot • 420 invitations extended to the nominated students • 220 in-person interviews in Houston or in El Paso • 166 virtual interviews • 91 volunteers served as interview panelists and candidate preppers… … and collectively dedicated over 2,800 hours to selecting the next class of Terrys

interview panelists and volunteers

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STEPHEN MASON TAMU 1995

YASAMIN RASTGAR UT-Austin 2018

HOLLY MATHEWS UNT 2018

JERRY REIGER TAMU 2018

KELLY MCCUNE VICK TTU 2013

CRISTINA RODRIGUEZ TXST 2017

SAMANTHA MCMILLAN UTD 2008

ANTHONY SALAZAR UT-Austin 2018

KRISTEN MCWATTERS TAMU 2004

CATHERINE SEITZ UH 2009

YVONNE MOODY Board Member, TAMU 1987

HANNAH SHOEMAKER UT-Austin 2007

CHELSEA MOORE TXST 2012

DR. ZUHAIR SIDDIQUI UH 2006

DR. PAMELA AYALA UH 2009

LEIGH DARILEK UT-Austin 1996

BENTLEY HARBISON TTU 2018

BRIAN MUELLER TAMU 2004

BLANE SKILES UNT 2012

SALMA BADEH UTA 2012

SEAN DEMPSEY TAMU 2015

SARAH HENZE UT-Austin 1997

ALI MUMBACH TXST 2015

BONNIE SOUTHERLAND Board Member, TXST 2004

MAMADOU BALDE UT-Austin 2015

KARISHMA DESAI TTU 2015

DIEGO HERNANDEZ UTSA 2015

RACHEL MURDY TTU 2012

DR. JEFFREY STICHLER Board Member, TAMU 1990

LUIS BANUELOS TAMU 2009

ALICIA DIETRICH UT-Austin 2000

MELISSA HERNANDEZ UH 2008

ALEJANDRA NEVAREZ UTEP 2017

RAMZI TAIM UTD 2017

BEDIA BARKOH TAMU 1998

DR. AMANDA DONOHOE UT-Austin 1987

LEE HORTON UT-Austin 2018

TRAM NGUYEN UT-Austin 2013

BIANCA VELA SHSU 2017

DR. JUSTIN BENAVIDEZ TAMU 2009

MICHAEL DRAB UH 2009

BRANDY HORTON Board Member, TAMU 2001

COREY NIEMAN UT-Austin 2007

ADRIANA VILLEGAS UTEP 2017

SARA BHAMANI UT-Austin 2011

AIBHLIN ESPARZA UTEP 2016

ZEHRA HUSSAIN UNT 2014

PRINCE NZE UTD 2018

MALLORIE WAGSTAFF TAMU 2018

DR. MEREDITH BLASCHKE REYES UT-Austin 1997

ADILENE ESTRADA UH 2009

SHANTI ISRANI TAMU 2014

CARTER OVERTON Board Member

BRUCE WILSON TTU 2013

RHETT CAMPBELL Board Member

ASHLEY EVANS KENT UT-Austin 2007

COURTNEY JAEKEL UTA 2015

RYAN PADILLA UNT 2015

MATTHEW WILSON TAMU 1992

VALENCIA CAMPBELL UT-Austin 2011

EDGAR FELIX UTEP 2018

CURTIS “CJ” JEFFRIES UNT 2015

TIFFANY PAGE-CARTER UTD 2018

FREDERICK WOODS TAMU 2001

BRIAN CARROLL Board Member, UT-Austin 1994

KATHRYN FLOWERS Board Member, UT-Austin 2007

ALEXIS JOHNSON UT-Austin 1994

NIMRA PASHA UH 2014

BRIAN YARBROUGH Board Member, UT-Austin 1988

JONATHAN CASTANEDA UT-Austin 2015

DAVID FRENZEL TAMU 1999

DR. ELIZABETH KEELER Board Member, TAMU 1992

GUNNAR PATTERSON UTA 2016

ODALYS CHAIREZ UTA 2018

LAURA FRIELLO UTSA 2006

JUSTIN KELLOUGH UT-Austin 2005

KIM PEKAR Board Member, TAMU 1998

SOPHIA CHANG UTD 2006

REAGAN GIESEKING TAMU 2007

KIM MAI LE UH 2010

TAMMIRA PHILIPPE TAMU 1991

NHI CHAU TWU 2017

LESLEY GLEASON TAMU 2005

DR. DAEIJA LEWIS TXST 2014

HARRISON PIERCE UTSA 2008

FERNANDO CORDOVA UTSA 2019

ADRIAN GREEN UTD 2015

EMILY LUTH UTD 2013

ANDREA PINON TXST 2014

KRISTEN CUMMINGS TAMU 2004

DANIELLE HAMMETT UT-Austin 2005

ITZEL MARTINEZ TWU 2019

BRYTON PRASLICKA TAMU 2015

Above: UTEP Interview Panel

Above: UNT Interview Panel

Above: TAMU Interview Panel

Above: UH Interview Panel

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Our Organization The Terry Scholar Alumni Association (TSAA) The Terry Scholar Alumni Association (TSAA) exists to support the mission, vision, and operations of the Terry Foundation. It provides Terry Scholar Alumni with opportunities to give back to the Terry Foundation and to the state of Texas by creating connections among Alumni, facilitating mentorship of current students, and representing the 4 Pillars of the Terry Foundation.

tsaa values Gratitude Being thankful for the opportunities and relationships gained through the Terry Scholarship Respect Building relationships through integrity and appreciation for the unique qualities of each Terry Scholar Ownership Taking responsibility for the good reputation and health of the Terry Scholar Community and for the proper stewardship of the Terry Foundation’s resources and legacy Innovation Seeking new ideas and methods to continuously engage and strengthen the Terry Scholar Community

2022 chapter officers AUSTIN

DFW

HOUSTON

SAN ANTONIO

SOUTHWEST

WEST TEXAS

NICOLE BARRIOS TXST 2011

JACOB ATKINSON TAMU 2018

JANET ABOU-ELIAS UT-Austin 2017

LEIGH DARILEK UT-Austin 1996

ANAHY DIAZ UTEP 2018

SARA ABBOTT TTU 2014

ALICIA DIETRICH UT-Austin 2000

OLIVIA ARRATIA-GURA TWU 2017

JOCELYN AVITIA UT-Austin 2011

DAPHNE NEWAZ UT-Austin 1999

JORDAN DOMINGUEZ UTEP 2018

D’ANN HOLUBEC TTU 2013

KRISTEN GILMORE UTSA 2012

NAIRI GARZA-GOMEZ UT-Austin 2018

SARA BHAMANI UT-Austin 2011

DENISE RICHTER TXST 2006

EDGAR FELIX UTEP 2018

BRUCE WILSON TTU 2015

CHELSEA MOORE TXST 2012

EUGENE HAN UT-Austin 2016

JOE CASIANO UT-Austin 1999

HANNAH SHOEMAKER UT-Austin 2007

DANNY GARCIA UTEP 2015

COLE WATSON UT-Austin 2012

CRISTINA RODRIGUEZ TXST 2017

COURTNEY JAEKEL UTA 2015

PAMELA GAITHER UT-Austin 2005

PRISCILLA TRETO TXST 2009

ELIZABETH MARTINEZ UTEP 2015

EMILY LUTH UTD 2013

KYLE KNIGHT UH 2013

CARLENE VILLARREAL UTSA 2018

ALESSANDRA MERINO UTEP 2017

TINA MIDDLETON UTD 2015

STEPHANIE MARTINEZ UT-Austin 2010

DANIELLE NARIMISSAEI UTEP 2018

MALLORY MINER-SELBY UNT 2010

MATT MCCUTCHEN TTU 2012

ALEJANDRA NEVAREZ UTEP 2017

NICO NGUYEN UT-Austin 2008

FRANKLIN MERKLE TAMUG 2015

CITLALI REYES UTEP 2018

BLANE SKILES UNT 2012

MICHAEL TODD TAMU 2018

ANA RICO UTEP 2017

Below: Austin Service Event

Below: Chicago Alumni Brunch

ADRIANA VILLEGAS UTEP 2017 Below: Houston Chapter Summer Social

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Below: DFW Chapter Summer Baseball Social

Below: Bay Area Alumni Brunch

Below: San Antonio Chapter Zoo Boo Service and Social Event

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Our Organization

For a number of years, the Terry Foundation offered the Terry Assistance Program (TAP) as a resource for current students and Terry Scholar Alumni to connect and network. Terry Alumni joined the TAP List to become mentors for their fellow Scholars. Today, Terry Connect is the official networking platform for Terry Scholars and allows anyone to give back and serve as a resource within this community. Scholars may activate their account any time after fall Orientation in their first semester and may choose whether they would like to add a “willing to help” label.

3,350

Terrys registered on the platform

78%

Marked as “Willing to Help”

259

New users joined in 2022

engagement badges Terry Connect Engagement Badges are assigned to user profiles based on their activity within the Terry Community. Some badges can be earned automatically through actions on Terry Connect; others can be earned for contributions made outside of the platform (e.g., hosting a table at Terry Banquet). Some badges are also assigned for the current year and will reset to be earned again in the next year.

a terry connect story In October 2018, Gissele Garrido (TWU 2018) contacted Christen Barron (UH 2007) on Terry Connect to learn more about her experience pursuing a Masters degree in Social Work. They formed a mentoring relationship that lasted through Gissele’s time as an undergraduate student, her master’s program, and into her first job after earning her license.

Gissele says: “I really value the Terry Connect platform because it allows us to form community and connections with fellow Scholars. It is a platform in which we are able to connect and share experiences as Terrys as well as our journeys in our respective fields. I was a Child Development major at Texas Woman’s University and was still trying to decipher what I wanted my career to be. I was interested in Child Life and in social work as well. I joined Terry Connect and searched for people in the realm of social work. I saw that Christen obtained her MSW degree and also that she went to the University of Houston. Christen was so welcoming to answer my questions regarding the social work profession. That led to a journey of mentorship!

Christen has followed me from pondering the possibility of social work, to my undergrad internships in non-profits, applying for grad school and reviewing my application materials, to notifying her I was admitted to my selected schools, to selecting UH, to graduating and now working in the field!

It was amazing that I formed a relationship of support throughout my time as an undergrad. I am so grateful to have Christen’s support and encouragement in my journey and it was all through Terry Connect.”

A Few Examples:

Christen says: “I am thrilled to celebrate Gissele’s accomplishment. Completing this type of degree during the pandemic with increased demands on social workers, speaks volumes about Gissele’s level of dedication to the field and the community.”

Virtual Lunch Chat Host Badge

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Active Mentor Badge

Discussion Group Admin Badge

Alumni Banquet Table Host Badge

Gissele is now a Clinic Social Worker 1 with Legacy Community Health. She helps patients who have various needs: accessing food pantries, government programs, legal assistance, housing, intimate partner violence, school advocacy, and much more.”

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The Terry Foundation is the reason why I was able to graduate from college debt free. In my resume I have the ‘Terry Foundation Scholarship’ listed as an honor, and it is a constant reminder that I should always care for my fellow Terry Scholars regardless of where I am or what I am doing. I am grateful to have had the opportunity to network with Terrys from all over Texas, and I will keep an eye out for past, present and future Terry Scholars so that Mr. and Mrs. Terry’s wishes can be accomplished.”

Benjamin Ilboudo, UH 2019

The 2022-2023 school year marks the Terry Foundation’s 35th Anniversary of awarding scholarships. We celebrate 35 years of Terry Scholars leaving their mark on campus and beyond!

Having switched from Chemical Engineering to Humanities, my journey has been full of ‘no’s’ — no’s from my family, no’s from my peers, and no’s from my past teachers. While I know they were just looking out for me, I knew my initial path wasn’t the right fit for my life. When people ask me what the Terry Foundation means to me, I smile and said that it represents the first ‘yes’ — the first words of encouragement to follow this path of uncertainty and achieve my dreams. I thank the Terry Foundation for being this beacon of hope for not only me but for hundreds of Terry Scholars for generations to come. I will cherish this experience for the rest of my life.”

Jennifer Pham, UT-Austin 2019

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Our Organization Virtual Hosts & Panelists 2022 lunch chat hosts

2022 terry talk hosts

discussion panels

JUSTIN EVANS TAMU 2007

SIMONE CORPREW (TXST 2015) “When Plans Change”

“TERRYS, LET’S TALK ABOUT ACCOUNTING CAREERS” PANEL

LAURA FRIELLO UTSA 2006

CLEMENTE GARCIA (UT 2014) “Let’s Talk Fulbright Grants”

CHRISSY CITZLER-CARR UT-Austin 1993

RILEY HAMMOND TAMU 2008

REAGAN LARUSSA (UNT 2017) “What’s a Master of Public Policy Degree and Why Should I Get One?”

KELLY CLARK UNT 2011

CHEYENNE HASSEBROCK SHSU 2013 DR. KLEG KENNEDY, DVM TTU 2013 KYLE KNIGHT UH 2013 DR. PHAT LE, MD UT-Austin 2001

LEXY SALINAS (TAMUG 2014) “Unlearning Racism in Geoscience” CIARA SHAY (TXST 2012) “Branding Your Business”

JOSE LOPEZ UNT 2017 KRISTEN MCWATTERS TAMU 2004

DR. ADAM WILLIAMS, PHD (TAMU 2000) “Confessions of a Reformed Engineer”

Above: “Terrys, Let’s Talk About Accounting Careers” Panel

JOE MASCARI TAMU 2012 EDUARDO MENDOZA UNT 2014 CHELSEA MOORE TXST 2012 DR. NICOLE MORENO, PHARM.D., BCPS TTU 2013 MARISA NOWICKI UNT 2013 DR. MAMTA PATEL NAGARAJA, PHD TAMU 1998 PRESTON ROSE UT-Austin 2013 DR. HEIDI TU, PHD UT-Austin 2003

Above: Terry Talk with Lexy Salinas, TAMUG 2014 Above: Lunch Chat with Marisa Nowicki, UNT 2013

JERI TULLEY UT-Austin 1996 Below: Lunch Chat with Dr. Mamta Patel Nagaraja, TAMU 1998

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Below: Lunch Chat with Dr. Nicole Moreno, Pharm D., BCPS

Below: Lunch Chat with Dr. Phat Le, MD, UT-Austin 2001

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Our Organization Virtual Alumni Gathering & Banquet Speakers 2022 fall banquet alumni speakers

COLTON BARR, TAMU 2017

KAITLYN BLOCK, UTD 2013

LUCILLE REDDIC, UTD 2013

JERRY REIGER, TAMU 2018

GAYLE CERRATO HANZ, UT-AUSTIN 1988

ALAN FERGUSON, UT-AUSTIN 2003

SONIA ROJAS, TWU 2017

BLANE SKILES, UNT 2012

RUBY GARCIA, TAMU 2012

REAGAN GIESEKING, TAMU 2007

BONNIE SOUTHERLAND, TXST 2004

Heart of Service

Changing Course: Be Open to Changing your Career Path and You Just Might Change Your Life

My Journey

Importance of Community: Staying Engaged, Giving Back, and Building Connections

A Long Road to Success

Success is Not Comparing Yourself to Others but to Your Past Self

Write Your Life Story - Be Intentional in Adding Value

Finding Value in Yourself

How Terry has Impacted My Life

Your Career vs. Your Calling

Lessons I’ve Learned from Twelve Years of Interviewing Terry Scholars

virtual alumni gathering

MALLORY JANAK STOVER, TXST 2007 Choose Happy

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REYES RAMIREZ, UH 2008

Being Patient With One’s Progress and Growth

LUIS BANUELOS, TAMU 2013

Perseverance and Working Towards Your Goals

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Our Donors The Legacy of Giving $136,493 total donations SINGLE GIFTS

HALEY AYERS GARTH BEINART UT-Austin 1993 BALTAZAR CAMACHO UT-Austin 2004 JOHNNY CARBAJAL SHERIDAN CRENSHAW TTU 2018 JANE DAI STEWART & LEIGH DEWITT K.K. ESCHBACH TAMU 2004 AMY FUQUA

363 total gifts 87 donors RECURRING GIFTS

YASAMIN RASTGAR UT-Austin 2018

KASSANDRA AGUNDIZ UTA 2018

TINA NGUYEN MIDDLETON UTD 2016

HANNAH SHOEMAKER UT-Austin 2007

JACOB ALLEN TAMUG 2017

TREY PATTERSON TAMU 2006

DEREK TELLIER

LANCE BALLARD TAMU 2006

CHASE RAMEY TAMU 2011

SARAH BROWNING KEY UT-Austin 2007

AUDREY RODRIGUEZ UT-Austin 2007

BRIAN CARROLL UT-Austin 1994

KATIE SHAHIN TTU 2015

RUBEN CASTILLA UT-Austin 2015

ABIGAIL SHELTON TAMU 2016

BRITTANY DEWITT LOPEZ UT-Austin 2005

TY & TERRI SPARKS

DERYL TSCHOERNER UTD 2014 KATHERINE YOUNG TAMU 2006 CDK GLOBAL FRIENDS OF CHARLES LUU THOMAS TERRY-LUG AND CHAMBER TACTICAL, LLC

BRIAN GENSHEIME UT-Austin 2018

MICHAEL DRAB UH 2009

MARY-ESTHER GURNEY UT-Austin 2001

CARLY FARMER TAMU 2013

RUTHANNA HARRY UNT 2015

KATHRYN FLOWERS UT-Austin 2007

LUKE HUEBNER UTD 2014

TANIA FOSTER CURRY UTD 2007

ALEXIS JOHNSON UT-Austin 1994

BOB GABRIEL UT-Austin 1994

PRAVEEN KRISHNA

SCOTT & MEAGHAN GRASS UH 2006 & 2007

AMY LEVY UT-Austin 2007 CHARLES LUU UT-Austin 1996 MATHEW MARCON

JOHNATHAN GUERRERO UNT 2016 RYAN HARPER UT-Austin 1999

JACOB SPRINGER UH 2008

GEORGE MICHAEL SWIFT TAMU 2015 KRISTINA TEEGERSTROM UT-Austin 1993 SHANNON TERRY UH 2013 THEO (TOMMY) THOMPSON UT-Austin 1999

RYAN TURLEY TAMU 1999

LYNDSAY JOLLEY UT-Austin 2004

KATHERINE WATKINS TAMU 2017

CHRISTOPHER OCHS

JANET JONES-DUFFEY UT-Austin 2004

STEPHEN WAY TAMU 2007

MEYLING LY ORTIZ TAMU 1999

KIM MAI LE UH 2010

LUKE WEEDON TAMU 1993

KIM PEKAR TAMU 1998

MARTIN LOPEZ UTA 2015

JUSTIN WESTBROOK TAMU 2003

CHANTEL POWELL UTD 2014

ERIK MANTOR UT-Austin 2006

MATTHEW WILSON TAMU 1992

RYAN MARTIN TAMU 2003

KATIE WISCHKAEMPER TAMU 2004

WILLIAM MCCRANOR TAMU 2003

CHELSEA YEATTS MOORE TXST 2012

MATTHEW MCCUTCHEN TTU 2012

JENNIFER YELDEZIAN UT-Austin 2005

DARWIN & SUZANNE MILLER UT-Austin 2000

MYRA ZIMMERMAN TXST 2005

JACKIE MOHRFELD HALTERMAN TAMU 1996

MAIN STREET CAPITAL CORPORATION

CHRISTINA MOORE TAMU 2004

BNSF RAILWAY COMPANY

= Scholar + employer match

honor roll of giving

ANA TRUONG UT-Austin 2018

CHARLES & WENDY JENKINS

DAPHNE NEWAZ UT-Austin 1999

Bentley Harbison, TTU 2018

PATRICK STAHA UT-Austin 2001

CHRIS TURNER UNT 2010

DUSTIN MOORE TAMU 2016

“The Terry Scholarship has meant everything to me. It has provided me with family, mentorship, and community that I am so thankful for. I have been provided with all the resources to succeed over the last 4 years and am in the position I am today because of the Terry Foundation. I cannot thank the foundation enough for all they have done for me the last 4 years. I look forward to staying plugged in to a Terry community as I move to Dallas and work to continually give back to the foundation as I begin my career.”

PHILLIPS 66

= Terry Scholars Fund (TSF) gift

single gift or recurring gift annual total

BRIAN CARROLL UT-Austin 1994

LANCE BALLARD TAMU 2006

JACKIE MOHRFELD HALTERMAN TAMU 1996

BALTAZAR CAMACHO UT-Austin 2004

CHRISTOPHER OCHS

JACKIE MOHRFELD HALTERMAN TAMU 1996 TREY PATTERSON TAMU 2006 TY & TERRI SPARKS STEPHEN WAY TAMU 2007 JUSTIN WESTBROOK TAMU 2003 MATTHEW WILSON TAMU 1992

Jennifer Romero, TWU 2018

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BRIAN CARROLL UT-Austin 1994 SHERIDAN CRENSHAW TTU 2018 K.K. ESCHBACH TAMU 2004 KATHRYN FLOWERS UT-Austin 2007

CHANTEL POWELL UTD 2014 ABIGAIL SHELTON TAMU 2016 PATRICK STAHA UT-Austin 2001 KRISTINA TEEGERSTROM UT-Austin 1993 DEREK TELLIER

BOB GABRIEL UT-Austin 1994

RYAN TURLEY TAMU 1999

SCOTT & MEAGHAN GRASS UH 2006 & 2007

LUKE WEEDON TAMU 1993

KIM MAI LE UH 2010

JUSTIN WESTBROOK TAMU 2003

STEWART & LEIGH DEWITT

MARTIN LOPEZ UTA 2015

RYAN HARPER UT-Austin 1999

JENNIFER YELDEZIAN UT-Austin 2005

ERIK MANTOR UT-Austin 2006

MAIN STREET CAPITAL

THEO (TOMMY) THOMPSON UT-Austin 1999

RYAN MARTIN TAMU 2003

JENNIFER YELDEZIAN UT-Austin 2005

FOUNDERS’ CIRCLE ($10K AND ABOVE) single gift or recurring gift annual total

LEADERSHIP CIRCLE ($5K - $9,999K)

CORPORATION

COMMUNITY CIRCLE ($500)

single gift or recurring gift annual total

single gift or recurring gift annual total

AMY FUQUA

KASSANDRA AGUNDIZ UTA 2018

MEYLING LY ORTIZ TAMU 1999

GARTH BEINART UT-Austin 1993

CHRISTINA MOORE TAMU 2004

JOHNATHAN GUERRERO UNT 2016

DAPHNE NEWAZ UT-Austin 1999

MARY-ESTHER GURNEY UT-Austin 2001

GEORGE MICHAEL SWIFT TAMU 2015

RUTHANNA HARRY UNT 2015

SHANNON TERRY UH 2013

JANET JONES-DUFFEY UT-Austin 2007

BNSF RAILWAY COMPANY

ALEXIS JOHNSON UT-Austin 1994

“The empowerment and encouragement of having a whole family believe in you even when the world is on your shoulders… that’s so powerful. The Terry Foundation and scholarship has empowered me to achieve the dreams I have had since I was a little girl.”

IMPACT CIRCLE ($1K - $4,999K)

DISTINGUISHED DONORS Those who have made a donation at least 5 years in a row

TOYOTA MOTOR COMPANY

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Our Funding Addressing the Need The Terry Foundation Scholarship is a “last dollar” award that covers the expense of attending each Terry affiliated university up to the total Cost of Attendance (COA). The total Cost of Attendance (COA) includes tuition and fees, room and board, books and supplies, as well as transportation and other miscellaneous student expenses. The cost of attendance at Terry-affiliated universities has increased 2-4% per year over the last 5 years. Terry Scholar stipends are set individually per student to ensure that no Scholar is under-funded. The last-dollar approach ensures that the Terry scholarship is adjusted each year to “fill the gap” created by changes in outside funding sources which students often experience after their freshman year.

“The Terry Scholarship has meant more than words can describe... the opportunity of a lifetime, life-changing, generational impact on my family and the rest of my descendants.”

our coverage $52.08K

Terry Foundation Aid Pell grants, scholarships, and other financial aid

2022 Average COA

Jose Silva, TXST 2018

2022 Average COA

$29.25K

$6.5K

$22.34K

2022 Average Terry Freshmen Family Gross Income

2022 Average Cost of Attendance (COA)

2022 Average Scholar Funding Stipend (Both Programs, All Cohorts)

% change in coa averages: all universities $29,500 $29,000 $28,500 $28,000 $27,500 $27,000 $26,500 $26,000 $25,500 $25,000

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2018-2019

2019-2020

2020-2021

2021-2022

2022-2023

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incoming 2022 scholar stats

224 Scholars are in the 2022 Freshman Class

19 Valedictorians make up 8% of the 2022 Incoming Cohort

incoming terry freshmen by school

UT

TAMU

UH

TXST

UTSA

UTD

44

45

15

15

15

15

TTU

TWU

UTA

UTEP

UNT

15

15

15

15

15

our coverage Terry Foundation Aid

71% of Freshmen

Pell grants, scholarships, and other financial aid

receive the Pell grant

$52.08K

“The Terry Scholarship has meant everything to me. I can definitely say that I would not be who I am or where I am without the Terry Scholarship and Terry Foundation. I had no idea truly how much I needed this support system, but I am very glad I was lucky enough to receive it these past several years. To the Terry Foundation I am eternally grateful.”

Odalys Chairez, UTA 2018

$29.25K

2022 Average COA

$9.5K

$19.07K

2022 Average Terry Freshmen Family Gross Income

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2022 Average Cost of Attendance (COA)

2022 Average Incoming Terry Freshman Funding Stipend

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Enrollment & Demographics Stars Across Texas majors of currently enrolled scholars 22%

SCIENCES

15%

HEALTH/MEDICINE ENGINEERING

14%

LIBERAL ARTS

14% 13%

BUSINESS

5%

EDUCATION

total demographics

68%

10.7% Asian

34.1%

Female

9.8%

Hispanic

32% Male

current terry scholar hometowns: fall 2022 High Plains

6.5%

White

3%

*Actuarial Science, Architecture, Computer Science, Criminal Justice, Data Science, General Studies, Informatics, Interior Design, Leadership Studies, Mathematics, Public Affairs/Administration, Social Work, Undeclared, and Victim Studies

Black

38.3%

overall average gpa

4%

AGRICULTURE FINE ARTS

3.45

10%

*OTHER

2%

Other

.7%

Decline to State

LUBBOCK DALLAS

Northwest

enrollment as of fall 2022

Metroplex

2%

728

Upper East

5%

28%

EL PASO

West Texas

Central Texas

1%

Southeast

10%

terry scholars currently enrolled

2%

AUSTIN HOUSTON

Gulf Coast

Upper Rio Grande

9%

South Texas

23%

13%

28

UT TAMU UH

TXST UTSA UTD

UNT

TTU TWU TAMUG SHSU UTA

152

45

48

47

133

45

46

52

43

16

15

40

UTEP 46

Rio Grande Valley

5%

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Financials Our Commitment to Scholars $16.04MM

Terry Study Abroad Destinations in 2022 $255K

Summer 2022 Study Abroad

Traditional Awards

$231.25K 2022 Summer School

20+

countries

visited by 67 Terry Scholars in 2022

$16.76MM

$52.5K

Current Academic Year Funding Commitment

Transfer Awards

number of students abroad per semester

4

Spring 2022

51

Summer 2022

5

Fall 2022

$183.85K

Fall and Winter 2022 Study Abroad Spring 2023 Study Abroad *Committed to approved Scholars in November 2022

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PRO G R AM

90%

Scholarship Expenses

$16.76MM

Program Expenses

$2.02MM

ADMIN IST RATI ON

10%

Operations Support

$2.00MM

TOTA L 202 2 SPE ND

$20.78 MM

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Winter 2022

“Studying abroad for me showed me what I really value in life. For me, that is people, conversation, writing, and genuinely learning about my passions.

After freshmen year, I was simply going through the motions of life and school. I felt like I was thrown into college to figure out my career path, without taking moments to tune into my passions and joys.

Studying abroad gave me experiences that taught me to live in the moment, appreciate the people around you, and never take any piece of knowledge for granted.”

Nithya Eluri, UTD 2021

“Traveling across the world by myself has been nothing that I have expected it to be but everything I didn’t know I wanted or needed. I have learned to slow down and enjoy the experiences of life without so many distractions. I have found the joy in slow mornings of reading and drinking my first cup of coffee or walking the streets of somewhere new and magical or be able to sit outside and admire the view.

I have learned to savor the little moments as I now realize each is unique and beautiful in its own way. Even more so, the biggest blessing has been the challenge to find my own individuality in the unfamiliarity of it all. I have had to learn who I am outside of what I do or who my friends are or any other worldly aspect. It has been hard; I will not deny - but each day I am finding more pieces of myself and learning more about the person I want to become.”

Sadie Smith, UT-Austin 2020

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“The Terry Foundation gave me all of my closest friends, an extensive and proactive alumni network, and considerable professional and leadership development. Although the scholarship was instrumental in me going to college and succeeding there, it’s just so much more than that. A lot of people have helped me get to where I am today, but the Terry Foundation is the single greatest factor that has helped me attain the life I never thought I’d have. The Terry Scholarship is life-changing, and I’m so excited that I get to continue giving back to the Foundation for the rest of my life.”

Jerry Reiger, TAMU 2018

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Many Stars Come From Texas

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“Being a Terry means knowing that there is always a strong support system rooting for you every step of the way and that you are part of a large family that will always have your back. The Terry Foundation has meant everything to me and more, and it provided me with the financial freedom and abundant resources to accomplish so much during my time as an undergrad. My journey is just beginning, and I cannot wait to take you along with me.”

Forough Askarirad, UTSA 2018

3336 Richmond Ave. Suite 450 Houston, TX 77098 terryfoundation.org

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2022 Annual Report 3