Texas Tech Alumni Association 2022 Annual Report

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2022 ANNUAL REPORT

DEAR FELLOW TECHSANS,

As a continued testament to the loyalty of our alumni, we finished 2022 with 26,244 members and $3,313,675 in overall contributions. While memberships trailed 3% from 27,080 the previous year, contributions soared 12% from $2,926,096. We grew our 1923 Society membership 3% to 1,472, representing those contributing at our Gold, Diamond and Platinum levels. A minimum $1,000 gift secures membership in the society, a $19.23 weekly commitment celebrating the founding year of Texas Technological College. With special recognition, exclusive events and branded apparel for these members, we will enjoy increasing growth and engagement opportunities with the 1923 Society.

We hosted our second Legacy U, an expansion of our Legacy Club programming, allowing grandparents to host grandkids on campus for a most memorable experience. Both Legacy Club and Legacy U represent major growth initiatives that play well within our association’s mission.

The official ring tradition continues to thrive with all-time high ceremony attendance, celebrating more than 1,500 ring recipients in the United Supermarkets Arena and at post-ceremony receptions at the McKenzie-Merket Alumni Center.

We presented 404 scholarships in 2022, representing $526,901 in academic support. This number is in addition to the annual assistance we provide for Excellence Grants, Raider Road Shows, Summer Showcase and other initiatives. Thanks to our alumni chapter volunteers committed to generating scholarships for next-generation Techsans in their local areas.

Our alumni networks have increased and registrations continue to climb on the Techsan Connection networking platform. The TTAA continues to expand its reach and relevance with students and alumni.

We also have continued to make progress reducing the debt on the Frazier Alumni Pavilion expansion project while the expanded facility has enabled larger private bookings.

The Texas Tech Alumni Association is in a very strong position in support of the university, our students and alumni. This success is made possible with your annual support. Membership matters! Help us grow our association by encouraging others to belong. Your influence will make us even stronger in the coming years.

Strive for Honor,

VISION

26,244 TTAA MEMBERS

NUMBER OF LIVING ALUMNI

We envision our members living their legacies of pride, loyalty & tradition.

259,752 ALUMNI IN THE UNITED STATES

228,613 TOTAL ALUMNI IN TEXAS

183,885

Students & Young Alumni

ALUMNI LOCATED IN

119 COUNTRIES

TOTAL YOUNG ALUMNI MEMBERS: 8,340

The Texas Tech Alumni Association offers a discounted Young Alumni level for up to five years after graduation. New graduates also receive a complimentary one-year membership courtesy of the TTU Office of the President.

TOTAL SAA MEMBERS: 216

The Student Alumni Association (SAA) is a first step to creating a lifelong connection with the university and strengthening the bond between students and alumni. Throughout the year, the TTAA offers student members social, career-oriented and school-unifying events as well as opportunities to network with alumni.

TOTAL SAB MEMBERS: 36

The Student Alumni Board (SAB) is a student organization sponsored by the TTAA. Its members serve as ambassadors for the TTAA and the SAA and participate in service activities, help host student and alumni events on campus and participate in the Council for Advancement & Support of Education Affiliated Student Advancement Programs (CASE ASAP). New board members are recruited each fall and spring.

MISSION

AWARDS, GRANTS & SCHOLARSHIPS

DISTINGUISHED ALUMNI AWARDS

DR. RICHARD GAYNOR ’71, College of Arts & Sciences

President and Chief of Research and Development for BioNTech US

ALAN HENRY ’64, ’65, Jerry S. Rawls College of Business Administration

President of Alan Henry Insurance Agency Inc.

MAC THORNBERRY ’80, College of Arts & Sciences

U.S. Representative, 13th District of Texas, Retired

LESLIE WARD ’87, College of Arts & Sciences

President, AT&T Texas

LAURO F. CAVAZOS AWARD

TERRY ’77 & LINDA FULLER ’69

College of Engineering, College of Arts & Sciences

DISTINGUISHED SERVICE AWARD

JAMES “JIM” ’72 & DINAH GASPARD ’72

College of Media & Communication, College of Education

DR. MARK F. MILLER ’82, ’84 Davis College of Agricultural Sciences & Natural Resources

BRENT ROSS FEARLESS CHAMPION AWARD

MACIE MILLER, STUDENT

Davis College of Agricultural Sciences & Natural Resources

NEW FACULTY AWARDS

Dr. Joshua Cruz, College of Education

Dr. Laura Fischer, Davis College of Agricultural Sciences & Natural Resources

Dr. Nate Imai, College of Architecture

Dr. Joseph Manthey, College of Arts & Sciences

Dr. Christy Rogers, College of Human Sciences

Dr. Maia Toteva, J.T. & Margaret Talkington College of Visual & Performing Arts

Dr. Roman Wang, Jerry S. Rawls College of Business

TOP TECHSAN AWARDS

ADRIENNE CARNES

Rawls College of Business

SANDY COLLINS, TTU Athletics

CHRIS CURBO, TTUS Facilities Planning & Construction

SCOTT HALL

TTU IT Division

KIMBERLY THORNTON

Office of the Provost

EXCELLENCE GRANT

In 2022, the TTAA awarded a $10,000 Excellence Grant to the Tech Teach Program in the College of Education for the project “Phase ONE Initiative: Recalibrating and Reconnecting With The Reason Why We (Teacher Educators) Are Here.”

SCHOLARSHIPS

MORE THAN $526,000 TO 404 STUDENTS

Scholarships provided from the TTAA and the TTAA Endowment Trust.

Guadalupe Medoza, a first-generation student, received the TTAA Dallas Chapter scholarship.

“Tech is the place for me, not just because of the beautiful campus, outstanding engineering program and excellent reputation, but because it is the only college that made me feel as if I am more than a number,” Mendoza said. “In the future, I hope to earn my degree in civil engineering and work with a nonprofit to build schools in low-income communities.”

We support our university, build relationships & foster growth.

PURPOSE

We exist to connect, inspire & love our Red Raider Family. CHAPTERS

No matter where you are, you can connect with fellow loud and proud Red Raiders through TTAA regional chapters. These groups are volunteer led and provide opportunities for networking, socializing, philanthropy and more while bearing our banners far and wide. Find a chapter near you at www.texastechalumni.org/findachapter

OUT OF STATE: 36

TEXAS: 53

TECHSAN CONNECTION

Techsan Connection is the official networking platform for Texas Tech University students and alumni to connect, grow and give back. The TTAA and the Texas Tech Career Center have partnered with colleges and schools across the university to create the most extensive private network for Red Raiders.

• Connect and Network with Students and Alumni

• Search Jobs and Advance Your Career

• Participate in Virtual Events

• Give Back by Providing Career Guidance and Mentorship

ALUMNI NETWORKS

Another way for Red Raiders to connect is through the TTAA Alumni Networks. These membership-based groups are made up of any collection of alumni united around a central interest, mission or background beyond class affiliation or geographical location. The networks assist with alumni engagement and provide academic scholarships for students. Learn how you can take part at texastechalumni.org/alumninetworks

Arts & Sciences

Black Alumni

Collegiate Recovery Community

Goin’ Band

High Riders

Military & Veterans Pride

Raiders Rojos

Rawls Raiders

Saddle Tramps

Sign up and get connected at techsanconnection.com.

CONTRIBUTION BREAKDOWN

TOTAL CONTRIBUTIONS: $3,313,675

Student Government Assoc. Tech Hub Entrepreneur MONTHLY RENEWAL LETTERS

$979,555

CAMPAIGNS

$739,437

MEMBERSHIP
TTAA BOARD CHAIR LETTER $622,402 OTHER
$972,281

VALUE STATEMENT

We embody the Red Raider SPIRIT...

SCHOLARSHIP . PRIDE . INCLUSIVITY RESPECT . INTEGRITY . TRADITION

OFFICIAL TEXAS TECH RING PROGRAM

After enhancement and expansion of the Official Texas Tech Ring Ceremony in 2012, the ring program tradition has continued to grow in participation each fall and spring. More than 700 ring recipients participated in the fall 2022 Official Ring Ceremony at the United Supermarkets arena and 891 in the spring. Following the ceremonies, the TTAA hosted come-and-go receptions at the McKenzie-Merket Alumni Center where ring recipients took photos in front of the ring sculpture, enjoyed refreshments and learned more about the TTAA.

Ring sales and the Official Texas Tech Ring Ceremony are important ways the Alumni Association gives back to the university. A portion of each ring sold assists in funding Texas Tech University First Generation Scholarships. The TTAA also gifts each ring recipient a complimentary one-year membership.

TEXASTECHALUMNI.ORG

In 2022, the TTAA’s website underwent a complete overhaul. The association is on a mission to tell the Texas Tech Alumni Association story to the world! The attractive, easy-to-use design has more space to highlight our programs, partners, benefits, membership initiatives, news and events. Visit us at texastechalumni.org.

SOCIAL MEDIA

Stay up to date on news and engage with fellow Red Raiders through TTAA’s social media channels and mobile app. Take the TTAA with you wherever you go, access your member card or read the digital Texas Techsan magazine through your mobile device. Download the Texas Tech Alumni Association app through the App Store or Google Play. Connect through social media at texastechalumni.org/connect.

2,254 RINGS

TEXAS TECHSAN MAGAZINE

Since 1950, one of the most valued TTAA membership benefits has been the Texas Techsan magazine. Members can enjoy the magazine in print or on-the-go with the digital publication. Read the Texas Techsan online at texastechalumni.org/techsan.

“The Texas Tech Alumni Association is all about keeping the Red Raider family connected — it’s right there in our mission statement. Legacy U is so valuable because it provides a really fun way for alums to reconnect with the Texas Tech community and pass on their love of our university and our traditions to the next generation.

“It was great to spend a few days on campus re-living my college experience — I even stayed in the (residence hall) with the grandparents and kids, but the more important impact of Legacy U is the bond being built between grandchildren and their grandparents. Legacy U is an experience that everyone will remember for a lifetime.”

1923 SOCIETY

In 2021, the TTAA launched the 1923 Society as a way to recognize alumni who support the association at the highest giving levels. Since its inception, membership in the 1923 Society has nearly doubled to 1,472

The 1923 Society is made up of any current TTAA member giving at the Gold, Platinum or Diamond levels. These alumni receive automatic admission into this society at no additional cost. Members of the 1923 Society receive exclusive access to events and special member-only benefits.

TOTAL MEMBERS: 1,472 LEGACY CLUB

The TTAA Legacy Club was reimagined in late 2020 to create an exciting program for our youngest Red Raiders from birth to age 17. The club is designed to instill a love for Texas Tech and its unique traditions among children, grandchildren and other young ones of loyal TTAA members, creating “Red Raiders in training.” Annual enrollment into the Legacy Club happens in January each year. Each Legacy receives an annual gift and birthday card, as well as access to exclusive events and fun activities during the year.

TOTAL LEGACIES 2,220 LEGACY UNIVERSITY

The year 2022 welcomed the second class of Red Raiders in training at Legacy University, an intergenerational summer camp experience on Texas Tech’s campus. The three-day event engages grandparents and their grandchildren in hands-on academic activities, while celebrating the traditions that make Texas Tech unique. Participants attend academic courses where they learn about the subject and enjoy interactive educational projects and graduate with a certificate of completion at the end of the course. The event is held each summer as part of the TTAA Legacy Club. Learn more at texastechalumni.org/legacyuniversity.

Join/Renew Today!

2022 NATIONAL BOARD OF DIRECTORS

EXECUTIVE COMMITTEE

CHAIR

Staci Hix-Hernandez, M.D. ’99, ’03

Georgetown

CHAIR-ELECT

Nathan Nash ’05

Dallas

IMMEDIATE PAST CHAIR

Randy Golden ’77

Dallas

FINANCE COMMITTEE CHAIR

Kevin Nelson ’92, ’96

Amarillo

TTAA PRESIDENT & CEO

Curt Langford ’90, ’97

Lubbock

TTAA CFO

David Low ’87, ’03

Lubbock

NATIONAL BOARD OF DIRECTORS

ISSAC ALBARADO ’04, ’11

Austin

LIZ BATES ’90

San Angelo

JON MARK BERNAL ’99, ’03

Lubbock

ABIES CARLO ’05, ’17

El Paso

CHRIS CHAPMAN ’94

Irving

HEATH CHEEK ’03

Dallas

MISSI CURRIER, PH.D. ’08, ’09, ’16

Hobbs, N.M.

SCOTT DUESER ’75

Abilene

CASE FELL ’07

Austin

MARK FEWIN ’82

Dallas

TRAVIS ISOM ’10, ’13

Lubbock

CHRIS JONES ’68, ’74

Lubbock

MARK JONES ’79

Brady

DAVID LADEWIG ’10

Houston

KATIE MARSHALL ’96, ’98

Austin

LEAH MCCOY ’04

Washington, D.C.

LINDA MCMAHAN ’66

Lubbock

JULIE K. MEYER ’83

Highland Village

AMANDA O’CONNOR ’03

Abilene

JENNIFER PEREZ-STEWART ’12

San Antonio

JANIE LANDIN RAMIREZ ’79

Ransom Canyon

REBECCA RAMIREZ ’01, ’05

Lubbock

RHONDA RHODES ’88

Englewood, Colo.

CHRIS RICHARDS ’02

Lubbock

SHAWNA TANKERSLEY ’87

Tyler

PAUL TARWATER ‘87

Houston

CHANCE TURNER ‘08

Dallas

RUSS WEBB ’91

Flower Mound

MORRIS WILKES ’75

Lubbock

CHRIS WILLISTON ’75

Horseshoe Bay

TYLER YOUNG ’06, ’11

Lubbock

EX-OFFICIO & SPECIAL POSITIONS

EX-OFFICIO: KRISTINA BUTTS ’01, ’04, LEGISLATIVE AFFAIRS

EX-OFFICIO: BYRON KENNEDY ’04, TTU INSTITUTIONAL

ADVANCEMENT

EX-OFFICIO: PATRICK KRAMER, TTUS INSTITUTIONAL ADVANCEMENT

EX-OFFICIO: PEGGY MAXWELL ’76, ACADEMIC RECRUITING

EX-OFFICIO: BOBBY WADDLE ’55, MILITARY & VETERANS PROGRAMS

ATHLETIC COUNCIL: CAREY HOBBS ’58

STUDENT ALUMNI BOARD PRESIDENTS:

SKYLAR GLAISER & BRITNEY SANDEFUR

SECRETARY AND LEGAL COUNSEL: JARET GREASER ’99

TEXAS TECH ALUMNI ASSOCIATION & SUBSIDIARY

Consolidated Statement of Financial Position For the years ended December 31, 2022, and 2021 Assets 2022 2021 Cash and Cash Equivalents 1,950,808 2,330,434 Investments 3,452,319 3,202,871 Receivables 321,255 249,605 Restricted Promises to Give 1,428,396 953,867 Due from Affiliate 3,935 2,969 Prepaid Expenses 146,934 158,120 Inventory 10,728 -Restricted Cash 47,946 47,946 Right of Use Asset 377,837 Cash Surrender Value of Life Insurance 214,849 299,013 Net Property and Equipment 10,357,278 10,792,177 Total Assets 18,312,285 18,037,002 Liabilities and Net Assets Liabilities Accounts Payable 207,330 114,560 Ring Deposits 421,327 480,827 Deferred Revenue 306,530 18,869 Other Current Liabilities 189,542 159,209 Lease Liability 336,505 Long-Term Debt 1,269,367 2,775,894 Total Liabilities 2,730,601 3,530,490 Net Assets Total Net Assets 15,581,684 14,506,512 TOTAL LIABILITIES AND NET ASSETS 18,312,285 18,037,002 Consolidated Statement of Activities For the years ended December 31, 2022, and 2021 Revenue 2022 2021 Gross Margin 301,836 254,646 Contributions Unrestricted 3,313,675 2,926,096University Support 75,000 75,000 Restricted 1,212,817 716,625 Sponsorships 218,742 136,500 Rental Income 292,688 203,587 Programs and Special Events 226,682 160,898 Texas Techsan Revenue 70,598 51,670 Royalty Income 257,357 364,033 Investment Income (208,843) 287,406 Miscellaneous Income 57,898 63,118 Total Revenue 5,818,450 5,239,579 Total Revenue and Other Support 5,818,450 5,239,579 Expenses Program Expenses 2,616,998 2,288,549 Fundraising Expenses 1,363,332 1,291,947 Management & General Expenses 762,948 651,816 Total Expenses 4,743,278 4,232,312 Increase in Net Assets from Operations 1,075,172 1,007,267 Net Assets, Beginning of the Year 14,506,512 13,499,245 Net Assets, End of the Year 15,581,684 14,506,512 AUDITED FINANCIAL INFORMATION Financial Information provided by Texas Tech Alumni Association Accounting Department
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