2020 Terry Foundation Annual Report

2020 Annual Report

Contents Our Founders

2

Mission, Vision & Pillars

3

Board of Directors

4

Alumni Advisory Board

5

Alumni Association

7

Interview Panelists

9

Our Donors

11

Our Funding

13

Financials

17

Enrollment + Demographics

19

Academics

21

It is always difficult to write the Terry Foundation Chairman’s letter and never more so than this year. How can one fairly describe 2020 – a year of highs, lows, dramatic changes, and humbling experiences? It is difficult, but perseverance during hard times is one of our Terry core values. Our success is not measured by one year or even one decade but by the successful lives of those we help to educate: one scholar at a time. That knowledge is what keeps us going.

Our Founders Howard and Nancy Terry

As of December 31, 2020, our Endowment stood at $474 million, down somewhat, the result of the market carnage in March. Many suffered financial setbacks and we did too. That said, we are well on the way to recovery. The Foundation supports 955 scholars at 13 public universities in Texas, including 821 traditional and 134 transfer scholars. Our Board made the difficult decision in the spring to phase out the Terry Transfer Program and to phase out two schools: Texas A&M Galveston and Sam Houston State, both fine universities. We will fully support the Scholars at those schools as well as our Terry Transfer Scholars as they complete our program.

These were difficult but necessary decisions.

Our interviews were all conducted virtually this year, which diverged from one of our core values of “in person” interviews. Likewise, we conducted spring picnics and fall orientations virtually, again not our first choice but necessitated by the health of staff and students. We look forward to a time when we can return to shaking hands, looking our Scholars in the eye, and wishing them well on a personal level.

Our retention rate is strong at 92%. Our entering freshman cohort of Terry Traditional Scholars had an average SAT score of 1260. The Traditional Scholars had a GPA of 3.643 (a new high), while the Transfer Scholars had a GPA of 3.642 (also a new high). Our Scholars continue to be among the best of the best and their academic success makes us all very proud.

We continue to grow our Terry Alumni base, which is stronger and more active than ever. We have 4,418 Alumni and 5 Terry Scholar Alumni Association chapters. We are especially gratified that we have 2,166 Alumni users of Terry Connect. (www.terryconnect.org). Our Alumni put on virtual panels and programs for all our scholars at an increasing pace, for the benefit of all. Our scholars and Alumni are amazing people and their success gratifies us all.

This year, once again, Alumni made substantial financial contributions, increasing in number and amount, for which we are truly thankful. Your contributions go directly to support our educational efforts. No contribution is too small and, in the aggregate, they make a positive difference to the success of our Scholars.

We tip our hats to Directors J. D. Davis (Director since 2000) and Dr. Gayle Stinson (Director since 2006) for their long and tireless service on the Foundation’s Board and we welcome Brian Carroll as our newest Board Member. We look forward to working with Brian and the entire Board as we continue to fulfill the mission of the Terry Foundation: “Developing future leaders of Texas through access to higher education.” Thanks to all for making 2020 a successful and productive year, in spite of the difficult circumstances we all encountered. Good luck, stay safe, stay healthy, and best wishes to you all.

This Annual Report was created by

2

Ciara Designs. Ciara Shay (TXST 2012)

Rhett G. Campbell

is the owner of Ciara Designs.

Chairman of the Board of Directors

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.

2

Our Mission

Our Organization Board of Directors

To develop future leaders of Texas through access to education.

board of directors RHETT CAMPBELL

Chief Executive Officer and Board Chairman

ED COTHAM

Chief Investment Officer

YVONNE MOODY

Foundation President and Executive Director, TAMU 1987

JOHN STORMS

Board Member Emeritus

CARTER OVERTON Board Member

JEFF STICHLER

Our Vision

Board Member, TAMU 1990

Above:

BRIAN YARBROUGH

Terry Foundation Board of Directors, November 2019 Meeting

Board Member, UT-Austin 1988

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

ELIZABETH RILEY KEELER Board Member, TAMU 1992

KIM BRANDL PEKAR

Board Member, TAMU 1998

BONNIE COLE SOUTHERLAND Board Member, TXST 2004

SCOTT GRASS

Board Member, UH 2006

Pillars of Excellence SCHOLARSHIP LEADERSHIP SERVICE COMMUNITY

BRIAN CARROLL

Board Member, UT-Austin 1994 Above: Board Members, Rhett Campbell (middle, left) and Brian Carroll (bottom, center) serving on a virtual panel about law school

The strength of the Terry Family 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.

3

Left: Board Member Scott Grass (bottom-left) and his 2020 Virtual Banquet breakout room

4

Our Organization Advisory Board

advisory board members In spring and summer 2020, Advisory Board members stepped up to provide virtual engagement and community building activities for Terry Scholars.

By hosting discussion panels and virtual talent shows, these volunteers helped Terry Scholars remain connected to our community when building and maintaining bonds in person was no longer an option.

SARA BHAMANI UT-Austin 2011 Sysco, Senior Financial Analyst PRANAV DESAI UT-Austin 2008 Applied Research Laboratories, Engineering Scientist Associate ADILENE MENDINO ESTRADA UH 2009 WGA Consulting Engineers, Project Engineer KATHRYN FLOWERS UT-Austin 2007 Dell Medical School, Department of Psychiatry, Academic Program Coordinator

Top to Bottom: Pandemic Mental Health Check-In hosted by Nicole Griffith, Community Panel hosted by Kathryn Flowers and Meyling Ly Ortiz, Terry Talent Show hosted by Blane Skiles

EMMA BERTHELSEN 2017 SHSU

5

This past year has been a diff icult

each student for the holiday break.

but beautiful season. When COVID

I am also very grateful for the

hit, many students were prevented

opportunity to serve with a group

f rom working their f ield experience.

called Bridges International (BI),

However, I had been accepted to a

which reaches out to international

year-long residency program which

students . We learned how to

allowed me to start my student

maintain virtual relationships

teaching a semester early. In my

during COVID, so that when our

placement at the school, I learned

f riends returned to their home

The Terry Scholarship has been

what teaching virtually looks

countries, we knew how to stay

such an amazing blessing in my

like and how to encourage the

in touch. Being on the leadership

life. Not having to worry about how

teachers and students around me.

team of BI, I’ve gotten to help plan

I (or my family) was going to pay

One project I conducted involved

virtual game and hangout times

for college was just the start. As

gathering data f rom watching the

that span internationally. I have

part of the Terry family, I have had

students read, talking with them,

appreciated hearing different

opportunities to make new f riends,

and asking their reading level f rom

perspectives on these times in

continue building old relationships,

the teacher. Due to COVID, the

which we are living. This group has

develop leadership skills serving

students had been unable to take

also become my community, which

on our campus organization’s

any books home f rom the school

was something I knew I needed

executive board, and gain mentors

library or classroom. With donations

to get through these challenging

I cherish. It is truly an honor to be a

f rom my family, I was able to

times.

part of Mr. and Mrs. Terry’s legacy.

purchase books to send home with

SARA LLOYD TAMU 1994 ExxonMobil, Compensation Design Advisor

DENISE BURELL RICHTER TXST 2006 Methodist Hospital, Speech-Language Pathologist

KATIE ELLIS LUEVANO MICHAEL SHASTEEN TXST 2004 TAMU 1997 Veritas Academy, Director of L3Harris, Principal Engineer Admissions and Communications HANNAH SHOEMAKER JOLLIFF CHARLES LUU UT-Austin 2007 UT-Austin 1996 Peterson Regional Medical Owner of Big Frog Custom Center, Doctor of T-Shirts and More Physical Therapy GRACIE MARTINEZ UH 2014 Stafford Municipal School, Commuications Coordinator

BLANE SKILES UNT 2012 NBC, LX, Producer

MATT MCCUTCHEN TTU 2012 Phillips 66, Operations Engineer

MICHELE SNIDER TAMU 2013 University of North Texas, Graduate Student

DR. APRIL MICHAUD-WILLIS UT-Austin 2005 April Willis Consulting, LLC Principal Consultant

CORY WHITAKER TAMU 1997 Bowie Capital, Chief Investment Officer

CHRIS HERTZBERG UT-Austin 1992 Texas Department of Insurance, Staff Attorney

MALLORY MINER UNT 2010 Little Elm Independent School District, Dance Teacher & Drill Team Director

D’ANN HOLUBEC TTU 2013 Texas Tech University Health Sciences Center, Associate Registrar

GLENDA MOLINA TXST 2005 Silicon Hills Wealth Management, LLC, Director of Financial Planning

ADAM WILLIAMS TAMU 2000 Sandia National Laboratories/ Massachusetts Institute of Technology, Senior R&D Systems Engineer

THERESA HUNTER JONES UNT 2010 Cook Children’s Hospital, Speech Language Pathologist

LESLIE GERIK NELSON UT-Austin 2001 VMware, Sales Operations, Senior Manager

CIARA KNIGHT SHAY TXST 2012 Alvin Independent School District, Art Teacher & Owner of Ciara Designs

COREY NIEMAN UT-Austin 2007 Mansfield Independent School District, AP Chemistry Teacher & Key Club Faculty Advisor

JENN COX KRATKY UT-Austin 2000 USAA Military Insurance, Financial/Accounting Analyst

JOSH O’MULLAN UTSA 2011 True Mental Health Services, Team Lead

MILLY SORDO LACKEY TAMU 2004 Full Time Parent

MEYLING LY ORTIZ TAMU 1999 Toyota Motor North America, Managing Counsel

HAYLEY MCMILLAN GRAHAM UTD 2011 Lewisville Independent School District, Speech Therapist NICOLE WHITE GRIFFITH UTSA 2006 Achieve Connection Counseling, PLLC Counselor

KIM MAI LE UH 2010 Airgas, Plant Manager

HOLLY WISSMANN UT-Austin 1999 Breakthrough Central Texas, Director of Philanthropy SARA CARDEN WOLFE TTU 2012 Kasowitz, Benson, Torres, LLP, Associate Attorney

6

Our Organization The Terry Scholar Alumni Association

chapter officers AUSTIN

The TSAA exists to support the mission, vision and operations of the Terry Foundation.

Currently, the TSAA has f ive off icial chapters- Austin, DFW, Houston, San Antonio, and West Texas. The off icer teams are working diligently to provide Terry Scholar Alumni with opportunities to give back to the Terry Foundation and to the state of Texas by celebrating and representing the Foundation’s Pillars of Scholarship, Leadership, Service, and Community.

WEST TEXAS

DEREK CASTILLO

KYLE KNIGHT

D’ANN HOLUBEC

President, UT-Austin 1988

President, UH 2013

President, TTU 2013

ALICIA DIETRICH

STEPHANIE MARTINEZ

BRUCE WILSON

Vice President, UT-Austin 2000

Vice President, UT-Austin 2010

Vice President, TTU 2015

COROLYN HOLUB

JOE CASIANO

SARA ABBOTT

Secretary, UT-Austin 2010

Campus Liaison, UT-Austin 1999

Treasurer, TTU 2014

JESSICA RAMOS

JOCELYN AVITIA

MADISON MARTIN

Social Media/ TXST Liaison, TXST 2016

Treasurer, UT-Austin 2011

Texas Tech University Liason, TTU 2016

CARSON BUFFETT

SARA BHAMANI

Newsletter, UT-Austin 2016

Secretary, UT-Austin 2011

JAVIER GRANADOS, II

values

HOUSTON

Events/ UT Liaison, UT-Austin 2016

gratitude

respect

ABBY CAMPESTRE

Being thankful for the opportunities and

Building relationships through integrity and appreciation

UT-Austin Liaison, UT-Austin 2011

relationships gained through the Terry Scholarship

for the unique qualities of each Terry Scholar

EUGENE HOLUB TXST Liasion, TAMU 2008

ownership

innovation

Taking responsibility for the reputation and health

Seeking new ideas and methods to continuously engage

KATHRYN FLOWERS

of the Terry Scholar Community

and strengthen the Terry Scholar Community

Advisor, UT-Austin 2007 DFW

SAN ANTONIO DENISE RICHTER Co-Chair, TXST 2006 LANCE KOENIG Co-Chair, UTSA 2015 LEIGH DARILEK Communications, UT-Austin 1996 WES MIGURA Treasurer, TAMU 1998

EMILY LUTH

PRISCILLA TRETO

There are crucial people and events in life that change the core of whom we become. They cause everlasting ripples that inspire our next actions, thoughts, and feelings. The Terry Scholarship is the rock that continues to bless with support and a loving family that uplifted me when I needed it the most.

Co-President, UTD 2013

Service/University Liason, TXST 2009

MALLORY MINER

HANNAH SHOEMAKER JOLLIFF

Co-President, UNT 2010

Advisory Role, UT-Austin 2007

Sergio Nogami, UTEP 2016

EVELYN ROSAS

HARRISON PIERCE Secretary/Treasurer, UTSA 2008

Communications Liaison, TWU 2014 BEKAH SCHNEIDER Left: UTD Alumni Networking Event

UNT / TWU Liasion, UTD 2009 COURTNEY JAEKEL

Above:

UTA / UTD Liasion, UTA 2015

Liliana Garcia, TWU 2017

The Terry Scholarship created a different reality for me... Every once in a while, I think back at all the possibilities that have come from receiving the scholarship and I am always so grateful. It is amazing how many lives Terry has positively impacted, and how many more it will in the future.

Thank you and I hope to continue contributing to the Terry Foundation’s amazing legacy!

Jose Lopez, UNT 2017 7

8

Our Organization Interview Panelists

9

MOLORE AGUNBIADE TWU 2016

CARLI DIVER TTU 2016

COURTNEY JAEKEL UTA 2015

TAMMIRA PHILIPPE TAMU 1991

JOHNNY AMAR-MARTINEZ TAMU 2016

MICHAEL DRAB UH 2009

ALEXIS JOHNSON UT-Austin 1994

BRYTON PRASLICKA TAMU 2015

AASMA AZIZ UNT 2016

RYAN EARP TAMU 2016

SUKHWINDER KAUR UTSA 2016

JAKE PRINGLE UT-Austin 1993

SALMA BADEH UTA 2015

AIBHLIN ESPARZA UTEP 2016

CHRISTINE KHUONG UH 2013

DANI QUAYE UTA 2016

LUIS BANUELOS TAMU 2013

ASHLEY EVANS UT-Austin 2007

SHELBY KLEIN SCEGO TAMUG 2015

KAITLYN REYES SHSU 2016

MAGGIE BEARD UNT 2016

ALAN FERGUSON UT-Austin 2003

JENNIFER KRATKY UT-Austin 2000

MEREDITH REYES UT-Austin 1997

JUSTIN BENAVIDEZ TAMU 2009

KARLA FIERROS TXST 2017

JOHN LEE TXST 2016

ELIZABETH RILEY KEELER Board Member, TAMU 1992

SARA BHAMANI UT-Austin 2011

CHRISTOPHER FOGEL UTD 2016

MEYLING LY ORTIZ TAMU 1999

JODY RODENBERG TAMU 2003

LYDIA BREEDLOVE UT-Austin 2016

JOE FRACCARO UT-Austin 2008

VALORIE MARKS UT-Austin 2015

DEREK RODRIGUEZ TAMU 2006

SUNA BURGHUL UTD 2012

PATRICK FRASIER UT-Austin 2004

KRISTEN MCWATTERS TAMU 2004

CATHERINE SEITZ UH 2009

RHETT CAMPBELL Board Member

KALEB FULGHAM UH 2006

WESLEY MIGURA TAMU 1988

HANNAH SHOEMAKER JOLLIFF UT-Austin 2007

BRIAN CARROLL Board Member, UT 1994

NOEL FULLER TXST 2008

JAKE MITCHELL UT-Austin 2009

BLANE SKILES UNT 2012

DEREK CASTILLO UT-Austin 1988

JOSE GARCIA UT-Austin 2011

YVONNE MOODY Board Member, TAMU 1987

KENNEDY STIDHAM UT-Austin 2016

JENNIFER CERVERA UTSA 2012

SAMMETRIA GOODSON UT-Austin 2000

KELSEY MORELAND UT-Austin 2016

JAISON THOMAS TAMU 2003

SOPHIA CHANG UTD 2006

JAVIER GRANADOS II UT-Austin 2016

BRIAN MUELLER TAMU 2004

JUSTIN THOMPSON UT-Austin 1997

BONNIE COLE SOUTHERLAND SCOTT GRASS Board Member, TXST 2004 Board Member, UH 2006

JARIE NABORS UT-Austin 2016

OSVALDO VASQUEZ TTU 2016

LINDSAY COLLINS TAMU 2016

ADRIAN GREEN UTD 2013

CURTIS NEASON TAMU 1992

MATTHEW WILSON TAMU 1992

JOSELYN CONTRERAS UTEP 2015

ANDREW HANSEN UT-Austin 2015

COREY NIEMAN UT-Austin 2007

HOLLY WISSMANN UT-Austin 1999

KAYLA COREY TAMU 2015

SARAH HENZE UT-Austin 1997

CARTER OVERTON Board Member

SARA WOLFE TTU 2012

ED COTHAM Board Member

MELISSA HERNANDEZ UH 2008

RYAN PADILLA UNT 2015

CANDACE WONG TAMU 2004

ZAIRA CRISAFULLI UT-Austin 1999

REAGAN HOBSON GIESEKING TAMU 2007

GUNNAR PATTERSON UTA 2016

BRIAN YARBROUGH Board Member, UT-Austin 1988

KRISTEN CUMMINGS TAMU 2004

THERESA HUNTER JONES UNT 2010

KIM PEKAR Board Member, TAMU 1998

CHELSEA YEATTS MOORE TXST 2012

LEIGH DARILEK UT-Austin 1996

SHANTI ISRANI TAMU 2014

ERICA PEREZ UTSA 2014

KAREN ZAMORA TWU 2014

SEAN DEMPSEY TAMU 2015

MARVIN ITZEP UH 2005

CALYNN PERKINS TXST 2007

AHMED ZIDAN UTD 2006

Terry Interviews 2020 Virtual Panelists

For 2020 Terry Scholarship Interviews, the Foundation converted the 33-year tradition of interviewing students in person to a completely virtual format — all in less than three weeks. This was a clear choice in order to ensure the safety of candidates, panelists, and staff. It required flexibility and tireless support f rom everyone involved, including f rom our partners on the 13 Terry campuses. These incredible individuals worked to ensure that candidates would be prepared for such a shift in format on top of all other changes and uncertainty they were beginning to experience due to the pandemic.

100 Terry Interview Panelists quickly adapted to the new virtual format and completed 454 virtual Terry interviews. These Terry Alumni volunteers cumulatively gave approximately 2,300 hours of their time to select the next class of Terry Scholars.

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Our Donors The Legacy of Giving $73,536

total donations

233

total gifts

SINGLE GIFTS KARINA AUSTIN PAUL BISHOP SARAH BROWNING KEY UT-Austin 2007 ROBERT BUCKLEY UT-Austin 2010 AIBHLIN ESPARZA UTEP 2016 AMY FUQUA parent of Melinda Martin (UTSA 2010) LISA HOYER JANET JONES-DUFFEY UT-Austin 2007 JENNIFER LAWRENCE CAROL & RICHARD LEE MICHAEL MANSFIELD RYAN MARTIN TAMU 2003 MARIAN MARUNICH WILLIAM MCCRANOR TAMU 2003 LAUREN MIZE UT-Austin 2009 YVONNE MOODY TAMU 1987 CHRISTINA MOORE TAMU 2004 KYLEE OLSON UT-Austin 2008 CHRIS PANTUSO KIM PEKAR TAMU 1998

RAQUEL RUIZ UT-Austin 2014 ZUHAIR SIDDIQUI UH 2006 ROBERT SPAULDING MARK STONE SHANNON TERRY UH 2013 JAMES VAUGHN TAMU 2008 AMANDA VENKATRAO UT-Austin 2007 TAMMI WALKER TAMU 1995 LUKE WEEDON TAMU 1993 VALERIE WHITTLE GEORGE WINN UT-Austin 1998 MAINSTREAM ACQUISITION, LTD. OCCAM’S RAZOR TECHNOLOGIES WALKER FAMILY RANCH

75

CIARA & DANIEL SHAY

donors

2012 & 2009 TXST Scholars

RECURRING GIFTS BRIAN CARROLL UT-Austin 1994 RUBEN CASTILLA UT-Austin 2015 TIFFANIE CLAUSEWITZ TAMU 1992 BRITTANY DEWITT LOPEZ UT-Austin 2005 KENDRA EMERSON BALOD TAMU 2013 D’ANN FAUGHT UT-Austin 1997 KATHRYN FLOWERS UT-Austin 2007 TANIA FOSTER CURRY UTD 2007 SCOTT GRASS UH 2006 RYAN HARPER UT-Austin 1999 CHARLIE & WENDY JENKINS parents of Cayla Jenkins (TAMU 2018) CHRISTOPHER KOPECH UT-Austin 2001 MELODY MACALUSO UT-Austin 1998 EDUARDO MENDOZA UNT 2014 DARWIN & SUZZANE MILLER parents of Darwin Miller III (UT-Austin 2000)

JACKIE MOHRFELD HALTERMAN TAMU 1996 ALBA MOON UT-Austin 2005 TREY PATTERSON TAMU 2006 JACOB SETTERBO UT-Austin 2001 MATTHEW SODERBERG UT-Austin 1993 TY & TERRI SPARKS parents of Chet Sparks (TAMU 2011) JACOB SPRINGER UH 2008 JUSTIN THOMPSON UT-Austin 1997 CHRIS TURNER UNT 2010 STEPHEN WAY TAMU 2007 JUSTIN WESTBROOK TAMU 2003 MATTHEW WILSON TAMU 1992 KATIE WISCHKAEMPER TAMU 2004 JENNIFER YELDEZIAN UT-Austin 2005 BNSF RAILWAY COMPANY employer, Justin Westbrook (TAMU 2003)

The Terry Foundation has changed the world by

We will never forget how blessed we were by The

enabling people like us to chase goals beyond their

Terry Foundation Scholarship. Watching our marriage

dreams. We wouldn’t be where we are (... or together)

license being signed with both of our Terry gold pens

without it. The amazing scholarships we each received

was a real highlight of our wedding day.

lead us to Texas State University where we graduated debt-f ree. Moreover, it is the reason we met, making

The stars truly alighed for us, and we vow to each

it an organization that we hold very near and dear to

other and to our Terry family that we will continue to

our hearts.

give back each day in the spirit of Mr. Terry. We are so proud to carry on his legacy.

As Terry Scholars, we know Howard and Nancy Terry created the Terry Foundation to help young people help themselves. Their desire to invest in Texas students was born of their belief that a university – like the state it represents – is only as good as the educated citizens it produces. We share that same belief and wanted to honor the Terry Foundation on our wedding day.

We were married on September 6, 2020. In lieu of

honor roll of giving FOUNDERS’ CIRCLE ($10K AND ABOVE) single gift or recurring gift annual total OCCAM’S RAZOR TECHNOLOGIES

RYAN HARPER UT-Austin 1999

DISTINGUISHED DONORS Those who have made a donation at least 5 years in a row BRIAN CARROLL UT-Austin 1994 JACLYNN MOHRFELD HALTERMAN TAMU 1996 JACOB SETTERBO UT-Austin 2001 MATTHEW SODERBERG UT-Austin 1993 JUSTIN WESTBROOK TAMU 2003 MATTHEW WILSON TAMU 1992

11

wedding gifts, we asked that our wedding guests consider making a donation to the Terry Foundation LEADERSHIP CIRCLE ($5K AND ABOVE)

to help others follow in our footsteps as Terry Scholars.

single gift or recurring gift annual total

We want nothing more than to give back to the

ROBERT BUCKLEY UT-Austin 2010

scholarship program that gave us so much including

YVONNE MOODY TAMU 1987

IMPACT CIRCLE ($1K AND ABOVE) single gift or recurring gift annual total BRIAN CARROLL UT-Austin 1994 TIFFANIE CLAUSEWITZ TAMU 1992 KATHRYN FLOWERS UT-Austin 2007 SCOTT GRASS UH 2006 JACKIE MOHRFELD HALTERMAN TAMU 1996 JACOB SETTERBO UT-Austin 2001

ZUHAIR SIDDIQUI UH 2006 AMANDA VENKATRAO UT-Austin 2007 LUKE WEEDON TAMU 1993 JUSTIN WESTBROOK TAMU 2003 JENNIFER YELDEZIAN UT-Austin 2005

the love that we found in each other.

$1,000

total donations

The following donations were made in lieu of gifts to the Shay Wedding KAREN BURTON VALERIE COSTILLA SUSAN MOORE BILL OBENOUR CARLA PRITCHETT GREG & MELANY PULLIN LYNN SAYLOR ERIN SCHUELKE CIARA & DANIEL SHAY TXST 2009 & TXST 2012 DONNA SPENCER

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Our Funding Addressing the Need

our scholars addressing need

our coverage The Terry Foundation establishes Cost of Attendance (COA) with each partner university on an annual basis. The cost of attendance at Terry-aff iliated universities has increased 2-4% per year over the last 5 years.

$42,582 Terry Foundation Aid All Non-Terry Foundation Aid

Above: UTEP service event $28,105

2020 Average COA

2020 Average COA

$10,558

$6,586

$19,053

$22,598

Above: UTA service event

ITZEL TAPIA UTD 2018

2020 Average Terry Freshmen Family Gross Income

2020 Average Cost of Attendance (COA)

2020 Average Freshmen Scholar Funding

2020 Average Scholar Funding (All Cohorts)

a mother. My last semester in

machine learning and f inding new

college was diff icult because

applications of this technology,

on top of managing school, job

particularly in the f ields of

and school applications, I had to

healthcare and transportation. I

provide support to my daughter,

am currently pursuing a PhD in

who began kindergarten. She

Computer Science and wish to work

was a virtual learner for the entire

as a machine learning researcher.

semester, which meant I had to

$28.1K avg. COA across our 13 schools

$28.1K avg. COA across our 13 schools

provide instruction 6-8 hours a day,

In 2020, I think everyone learned

The Terry Scholarship has allowed

5-7 days out of the week. This took

how much we take for granted. I

me to change the trajectory of my

a lot of time away f rom class. By the

learned how important my family

family, to gain amazing f riends, and

end of the semester, I maintained

is. I already knew this on some level,

widen my world view. I am deeply

a high GPA and was still able to

but I learned that lost time with

honored to have been selected as a

graduate with honors.

loved ones can never be reclaimed.

scholar and I look forward to giving

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$22.6K

$17.9K

AVERAGE TRADITIONAL SCHOLAR STIPEND (ALL COHORTS)

AVERAGE TRANSFER SCHOLAR STIPEND (ALL COHORTS)

back to the Foundation in any way

I completed a Bachelor of

that I can.

Science in Computer Science and graduated Cum Laude f rom the

I am most proud of completing

University of Texas at Dallas in

three challenging semesters in

December 2020. I am excited to be

the middle of a pandemic, while

in such a fast-growing, challenging

also juggling responsibilities as

f ield. I am most passionate about

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we have celebrated

33 Years of supporting successful college students (1987 - 2020)

total awards and funding since establishment

5,845 Awards Since Inception

92%

$321M Funding Awarded Since Inception

Overall Program Retention Rate

$473.86M Endowment Size on December 31, 2020

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Applying for the Terry Transfer Scholarship was, in essence, a last hope. I had heard of the Terry Foundation in high school, but did not apply because I didn’t think I had a shot. Never in a million years would I have guessed that I would end up being offered a scholarship just a few years later. All three years of my scholarship term I was involved with the sounding rocketry team on campus, and got to launch two of them in the New Mexico desert... The Foundation has my deepest thanks for supporting my educational endeavors the past 3 years. It has given me so many opportunities and new friendships and I look forward to seeing where my life takes me after graduation.

Fabio Andrean, UH 2017 16

Financials Our Commitment to Scholars

$21.36M Current Academic Year Funding Commitment

$18.52M Traditional Awards

$2.28M Transfer Awards

$559K Study Abroad and Summer School

Right: Kelsey Moreland, UT-Austin 2016

The Terry Scholarship has meant support and f reedom to me. It allowed me to explore my interests without reserve or outside influence. I appreciate how the Foundation took interest in each scholar’s journey and truly wanted each of us to be well and to do well.

The Terry Scholarship has meant support and freedom to me. It allowed me to explore my interests without reserve or outside influence.

Kelsey Moreland, UT-Austin 2016

I didn’t have a passport growing up, but due to

PRO G R AM

87 %

the opportunities Terry opened up to me, I have

Scholarship Expenses

$21.36M

Canada’s f reezing north, and lived in the tropical

Program Expenses

$208K

AD M IN IST R ATI ON Operations Support

been to the bottom of the earth (Bluff, NZ), to rainforest on the equator. I have made professional connections in my f ield all over the world and am actively collaborating with scientists f rom England to Russia to Singapore to New Zealand to Boston

1 3% $3.08M

and Texas. These opportunities led me to present my research at Harvard and to graduate f rom my Bachelor’s with two research papers submitted/ in review and one more on the way. I felt f ree to

TOTA L 2020 SPEN D

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$24 .65 M

explore, to learn, and to create because of the Terry Foundation. I hope that I represented the Foundation well.

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Enrollment + Demographics Stars Across Texas total demographics

incoming 2020 traditional scholars

956

822 TRADITIONAL SCHOLARS 86%

current scholar enrollment

14% 134 TRANSFER SCHOLARS

67%

10%

1282

in the Incoming 2020 Class

Traditional Program Avg. SAT Scores (vs. university mean of 1173)

traditional terry scholar hometowns

Black

40%

Male

traditional scholars

8%

Hispanic

33%

158

(13% of cohort)

Asian

36%

Female

20 Valedictorians

High Plains 3%

5%

White

Other

1%

LUBBOCK DALLAS

Decline to State

Northwest 3%

awards by school

Metroplex 27%

Upper East 5%

EL PASO

West Texas 1%

Traditional Scholars Transfer Scholars

Central Texas 10%

Southeast 2%

AUSTIN HOUSTON

Upper Rio Grande 9%

UT

TAMU

UH

TXST

UTSA

UTD

UNT

TTU

164

123

51

47

49

48

55

52

47

48

Transfer Scholars

14

10

16

7

10

16

9

9

13

Total Scholars

178

134

67

54

59

64

64

61

60

Traditional Scholars

19

TWU TAMUG SHSU

UTA

UTEP

44

45

48

n/a

7

12

11

48

51

57

59

Gulf Coast 22% South Texas 12%

Rio Grande Valley 6%

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Academics Reaching for the Stars majors of currently enrolled scholars

3.64

overall average gpa for

all Traditional and Transfer Scholars

2%

LIBERAL ARTS

14%

ENGINEERING

14% 6%

EDUCATION BUSINESS

15%

HEALTH/MEDICINE

15% 23%

SCIENCES AGRICULTURE OTHER

2% 9%

In 2020, the Terry Foundation further enhanced its commitment to our students by investing in Guidance Resources® for all currently-enrolled Terry Scholars. This new student assistance program is f ree of charge for Scholars and provides conf idential assistance f rom qualif ied professionals in the areas of mental health, personal f inance, and legal support. By addressing f inancial need and supplementing on-campus support resources, we are ensuring that Terry Scholars f ind success inside and outside of the classroom.

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s Com r a t S e ny

Texas om Fr

supporting the whole individual

M a

FINE ARTS

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I’m beyond thankful that the Foundation believed in me and allowed me to realize my true potential. Not only have you given me the gift of education, but you have also given me the opportunity to realize that the unattainable is within our reach. I walk out of the Forty Acres not only accomplishing my lifelong dreams, but I’m also leaving with a sense of duty to help those that come after me.

A thank you is not enough to express how grateful and overjoyed I am to realize this milestone in my life. I will continue to dedicate my life to uphold the values of the Terry Foundation and help those that come from my same background realize their potential.

Maximiliano Ramos, UT-Austin 2016 featured on the front cover

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

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