TSTC Foundation Annual Report 2021-2022

A perspective on the past year and the excitement of what is to come.

What sets 2021-2022 apart from years prior in terms of TSTC’s successes?

This is the year we launched a new way of college. In this new approach, we provide our students with the ability to learn in a self-paced environment for many of our programs. This means that we are offering flexibility and the opportunity for students to receive education and training that best fits their schedules and life circumstances. This unique method emphasizes value, convenience and applied learning that involves frequent, substantive interaction between an apprentice and an expert.

More, our work in the legislature was remarkable. First and foremost, the Texas legislature fully funded the college’s unique funding formula. So, TSTC success at placing more students in great jobs earned us an increase of $7.6 million over the last biennium. Secondly, TSTC was one of two institutions of higher education in the state to receive its full request of $208 million for expanding capacities in the form of Capital Construction Assistance Projects. As a reference, the annual budget at TSTC is about $240 million. So, $208 million in brand new funding is a very big deal.

Where are we headed this next year?

The 2022-2023 academic year will continue the momentum realized the previous year with expanding our transformation. While traditional colleges reverted back to old methods of teaching post pandemic, TSTC is leaping towards the future as the transformation continues in our labs, job pathways and micro credentials.

FROM THE CHANCELLOR Mike Reeser

Moreover, we see early indications that students are growing more selective in choosing college pathways. As a result, our high-value programs are seeing a growth in new students. We think the lessons learned through the pandemic will continue this trend.

How can donors contribute to our goals in the next year?

As TSTC looks to the future, the college is investing heavily in building new capacity to serve more students. But, we could use some help in this area. With the financial support of our friends and partners who are also donors to The TSTC Foundation, we can help far more Texans achieve a great career.

Last year’s efforts focused on TSTC’s pandemic response and shifting focus from the traditional way of doing things. How has this prepared us for the growth on the horizon?

The past two and a half years have been filled with disruption, unpredictability and fear due to the COVID-19 pandemic. Rather than focus on what we could not control, TSTC decided to focus on what we could control…our mission. We took advantage of the chaotic operating environment created by the pandemic to retool the way we do college. This new approach was an existing aspiration for the college and the pandemic provided the perfect time to launch it. Now, we are ideally configured for the next century of learning because we shed the old-fashioned methods from the past. The new demand of the modern 21st century student will be well met by our new TSTC.

You believe in us and it shows. We’re grateful.

Our level of support from donors has reached a new height in 2021-2022. The TSTC Foundation has spent the last eight years building a solid infrastructure of year-over-year giving. We broke barriers this year by hitting every fundraising goal in each of our regions with record speed. Through every gift we receive, you continue to show us that you believe in the transformative power of career training through TSTC.

As you know, TSTC provides distinctive and highly-valued graduates who excel in the workforce. As we look to the future, our call to action and purpose has never been greater. More importantly, the college is set to embark on the greatest expansion it has ever seen in the last 57 years. The Texas legislature has doubled-down on its support of TSTC providing funding for capital projects in all seven regions across the state. We are primed and ready to answer industry’s most pressing need: a skilled workforce.

You are an integral part of the TSTC Foundation family. As donors, you directly impact what the college can accomplish, as well as our students who work tirelessly to complete their programs. The most touching sight is seeing students cross the stage at commencement, families watching adoringly from the stands. A completed degree means new possibilities and the promise of financial security. Your gifts make that happen.

We can’t thank you enough.

With heartfelt gratitude,

Beth Wooten Chief Executive Officer The TSTC Foundation

in Review

The Power of Transformational Giving

Gifts that impact TSTC for multiple years have the ability to propel student success outcomes not only through instructional delivery breakthroughs but also financial relief. This year’s statewide gifts are earmarked as extraordinary for the impacts felt institution-wide.

Gifts to The TSTC Foundation from organizations like the Greater Texas Foundation help even more students access valuable training at TSTC through flexible learning that works with busy schedules.

The Greater Texas Foundation gave a commitment and first gift of $715,742 in fall 2020 to advance and implement TSTC’s performance-based education for nine programs over a three-year span. With a full year of impact in 2021, this past year marks the second year of the grant’s significance on the college’s initiative.

In the performance-based education mode of learning, students can train at a flexible pace, demonstrating their mastery of the lesson through an assessment with their instructor. Students have the opportunity to move quickly through the concepts they understand or take more time on the lessons they need to delve more deeply into.

The grant first enabled TSTC’s Computer Networking and Systems Administration, Cybersecurity and HVAC Technology programs to adopt the performance-based education modality in fall 2021. Now in its second year, the grant opens the door for TSTC’s Automotive Technology, Drafting and Design, and Electrical Lineworker and Management Technology programs to offer the enhanced flexibility of performance-based education to students.

The gift from the Greater Texas Foundation greatly impacts student success, said Chris Lemon, director

of Decision Support - Vision Team at TSTC. “We are transforming the student learning experience, allowing students the opportunity to accelerate through the program,” he said. “Performance-based education converts technical training to fit students’ life obligations of work and family while minimizing barriers to learning and success.”

Instructional designers and other support staff members also innovate on how to deliver training to students in new ways, Lemon added. “The grant gives TSTC the ability to leverage our resources in order to continue transforming technical education,” he said. “New techniques, delivery, learning pathways and lab space designs open us to opportunities for incorporating emerging technologies like augmented and virtual reality into training.”

Multi-year giving not only impacts program and instructional delivery. Dedicated donors who provide yearly financial assistance through tuition provide relief for students and families.

The Texas Farm Bureau has donated $166,000 over the past six years to fund scholarships for TSTC students whose families are members of the Texas Farm Bureau. A total of 159 scholarships have been awarded.

“The scholarships have really made a difference in a lot of students’ lives,” said Pete Rowe, The TSTC Foundation’s vice president of external relations. “This gift helps them pay their way through college. TSTC educates them, trains them and gives them the skills it takes to get a good job. It’s very rewarding to see these students take advantage of the scholarships that the Texas Farm Bureau offers and then become a success story.”

TEXAS FARM BUREAU IS PROUD TO INVEST IN TSTC AND IN THOSE STUDENTS WHO HAVE INTEREST AND PASSION FOR THE WORKPLACE SKILLS THAT HELP KEEP TEXAS AGRICULTURE THRIVING.

RUSSELL BOENING PRESIDENT TEAS FARM BUREAU

The Power of Community

The West Texas workforce continues to grow, thanks to donations to The TSTC Foundation from industry partners.

Andy Weaver, provost of TSTC’s four West Texas campuses, said donations to The TSTC Foundation help achieve the college’s ultimate goal.

“Our mission at TSTC is to contribute to the educational and economic development of the state of Texas by offering occupationally oriented programs, emphasizing specialized advanced and emerging technical and vocational areas through business, industry, governmental agencies and communities,” Weaver said. “We are committed to expanding our impact on the workforce of Texas. In order to accomplish our mission, the investment from our industry partners and communities is essential, and The TSTC Foundation works tirelessly to build bridges between these partners and TSTC. We are proud to serve our partners by building quality skills development for the workforce.”

In 2022, two family-owned Taylor County companies helped revitalize TSTC’s Professional Driving Academy program in Abilene. Dunagin Transport and Circle C Hauling each donated a truck to help start the program. Circle C Hauling also donated a trailer to TSTC.

“Dunagin Transport is excited to be partnering with an organization like TSTC,” said Bo Dunagin, owner of Dunagin Transport. “We love to see jobs in our community stay here.”

Classes in the Professional Driving Academy began in September to prepare students for the written commercial driver’s license test. The donations led to TSTC receiving two grants to help fund the project, according to Delton McGuire, a senior field development officer for The Foundation. TSTC received a $350,000 Texas Talent Connection grant and a $530,000 Texas Reskilling and Upskilling through Education grant. The money will be used for instructor salaries, equipment and student scholarships.

The Big Country Home Builders Association has been supporting TSTC’s Welding Technology program for two years. In 2020, the association donated funds for an air compressor at the Breckenridge campus. In 2022, the association donated funds to The Foundation for toolkits that may be allocated to new students in the Electrical Power and Controls program and the Welding Technology program in Abilene.

“This is considered critical in helping new students remain motivated in class,” McGuire said. McGuire also led a campaign to provide scholarships for Industrial Systems students. “There is a tremendous shortage of industrial maintenance technicians in our area, as well as statewide,” he said. “The Foundation did a citywide campaign for scholarship funds for new students.”

Through those efforts, $17,950 was raised, and 13 firstyear students received scholarship funds to help cover tuition. “The support of the community was tremendous as the instructors have seen an increase in student enrollment,” McGuire said.

AM PROUD TO BE INVESTING IN THE FUTURE WORKFORCE.

DUNAGIN OWNER

EAST TEXAS:

Year in Review

The

Investment

Residents of East Texas recognize the need for TSTC, and they understand that a degree or certificate of completion from TSTC is a great return on investment for our students.

“In the last year, charitable giving to TSTC’s Marshall campus has been strong,” said Blake Cox, The TSTC Foundation’s field development officer.

Barton Day, provost of TSTC’s Marshall campus said “It would surprise people how even the smallest donation can help clear a hurdle that is keeping a student from either taking the first steps to enter the college or continuing their education. Donations from donors and industry partners can truly change the lives of potential and current students.”

The Rotary Club of Marshall gave a $7,396 check to The TSTC Foundation to provide scholarships to students at TSTC’s Marshall campus who are in financial need.

Hannah Luce, the Rotary Club’s president said “The organization is honored to financially assist students who have barriers to completing their education. Every year, the Rotary Club picks local and international projects to support through the Rotary International Grant Program.” Luce said the organization supports TSTC’s focus on technical education and workplace readiness.

The Marshall Economic Development Corp. provided a $20,000 training grant for TSTC’s Diesel Equipment Technology program to buy three natural gas compressor skid packages for students to use during lab sessions. The gift will greatly enhance the program’s natural gas portion. At least 40 students per year are expected to work with the equipment. Because of the equipment, TSTC’s Diesel Equipment Technology students will be more marketable to companies that hire employees with this type of training.

“What’s great about TSTC’s people is their adaptability, communication, and determination to pull in private and public sector funds for our community’s skilled labor needs,” said Rush Harris, Executive Director of the Marshall EDC.

Homer Goolsbee, of Jacksonville, Texas, and father of TSTC Welding Technology instructor Asa Goolsbee, donated $13,000 worth of welding booth curtain kits to the Marshall campus.

“I was fortunate to come across these curtains and knew how helpful they could be,” the elder Goolsbee said.

The elder Goolsbee said he is fortunate to have two sons who graduated from TSTC’s Welding Technology program at the Waco campus.

RUSH HARRIS

TSTC’s North Texas campus has seen incredible financial support from Ellis County. The support received from donors helps place students on an exciting path to a very bright future. More donors are learning about TSTC’s mission in educating Texans for great-paying jobs in needed technical fields.

“TSTC continues to be grateful for the generosity and support that donors have shown, said Marcus Balch, provost of TSTC’s North Texas campus. “Student success would be harder to attain without the backing of donors providing scholarship funds to help students with tools, tuition and other needs.”

The Midlothian Economic Development Corp. gave $96,000 to provide tool kits for students from Midlothian High School and Heritage High School who are taking dual enrollment classes this fall at TSTC. Students are taking classes in TSTC’s Diesel Equipment Technology, HVAC Technology and Industrial Systems programs.

David Hurst, board chair of the Midlothian Economic Development Corp., said “New industrial development has called for a more technical workforce. One of the ways the workforce can be increased is by job training.”

The Red Oak Industrial Development Corp. board of directors approved a resolution donating funds to the Red Oak IDC Scholarship for students who live in the city limits of Red Oak and are planning to attend TSTC’s North Texas campus. The scholarship can be used for TSTCrelated expenses. New and current students attending TSTC on a full- or part-time basis are eligible for funds.

“The scholarship will provide financial assistance for attaining upward mobility and improving the quality of life for students and families,” said Lee McCleary, economic development director for the city of Red Oak.

Oncor gave $30,000 to TSTC’s Helping Hands Scholarship to mitigate financial stress, especially through the COVID-19 pandemic.

Mark Carpenter, Oncor’s senior vice president of transmission and distribution operations, said “The company’s donation was a good investment to help students who were having a harder time adjusting to the pandemic and attending classes. “

MARK CARPENTER SENIOR VICE PRESIDENT ONCOR

TSTC IS A STRATEGIC PARTNER HELPING TO BUILD THE COMPANY’S WORKFORCE OF THE FUTURE.

CENTRAL

in

The Power of Opportunities

Donors in East Williamson County care about bolstering the local economy. Investments made into TSTC through industry partners create opportunities to strengthen economic growth and provide viable pathways for lucrative careers.

“One of the core purposes of The TSTC Foundation is to remove barriers that inhibit our students’ success,” said Michael Smith, TSTC’s vice president of Institutional Advancement. “This can take the form of emergency aid, equipment, scholarships or new technical programs.”

“TSTC’s work with industry partners is vital to the success of students,” said Lissa Adams, provost of TSTC’s East Williamson County campus. “Industry partners, along with individual donors, have ample opportunities to invest in the future success of our students. Local funds are used to support students locally, ultimately benefiting our regional workforce and communities.”

The San Antonio Livestock Exposition has been one of the longest and most loyal donors to The TSTC Foundation, having contributed $221,000 in the last 19 years. The donation is for scholarships that benefit TSTC students, with an emphasis on those from Bexar County and surrounding counties and those majoring in Diesel Equipment Technology and Welding Technology.

JAG Professional Services LLC, formerly of San Antonio and now located in Pleasanton, donated a $16,000 ABB robotic arm and other items to the Precision Machining Technology program.

Javier Garcia, the company’s owner and a commercial general contractor, said he was called upon to work at a

manufacturing facility where he saw the robotic arm. He took the equipment back to his business and thought about donating it to a college. He said he could not find interest in the robotic arm from any of San Antonio’s colleges, so through professional connections, he found TSTC’s East Williamson County campus.

The Manufacturing Institute, which runs the Heroes MAKE America program, has awarded $11,000 in grants used as scholarships for Fort Hood soldiers who are transitioning into civilian life, along with spouses, National Guard members, reservists and recent veterans. The 12-week program enables soldiers to travel to campus four days a week to take classes in mechatronics, with a focus on electrical systems, electrical motor control systems, industrial electricity, and other topics. The participants, who come from a range of military occupations, have the opportunity to earn up to seven certificates from the Smart Automation Certification Alliance. The program facilitates site visits with industry partners like Samsung, Applied Materials and NXP to connect them with careers in high-demand in the Austin Metro area. This program has been instrumental to ensuring that those who have selflessly served our country are given every opportunity to continue that service as they enter the next chapter of their careers.

“Serving our soldiers from Ft. Hood is a cause that is near and dear to my heart. This project would not be possible without the generosity of the Manufacturing Institute,” Smith said. “The work they’re helping to enable will benefit the greater military community across the state.”

EDUCATION IS VITAL TO THE CONTINUED SUCCESS OF THE AMERICAN AGRICULTURE INDUSTRY AND TSTC IS PROVIDING OUTSTANDING OPPORTUNITIES FOR YOUTH TO OBTAIN TECHNICAL SKILLS AND TRADES THAT WILL GIVE THEM AN OPPORTUNITY TO CONTINUE THEIR INTEREST IN AGRICULTURE.

CODY DAVENPORT PRESIDENT AND CEO SAN ANTONIO LIVESTOCK EXPOSITION

The Power of a Helping Hand

Waco and its surrounding community have embraced the value of TSTC’s career training opportunities. Donor support is undeniable as industry continues to rely on the skills of TSTC graduates to sustain its workforce.

Pete Rowe, TSTC’s vice president of external relations, said, “Past giving has laid the foundation for today’s gifts and tomorrow’s potential. TSTC’s supporters are the most loyal and caring I have ever dealt with.”

“The TSTC Foundation plays a pivotal role in the retention of students,” said Elaine Sulak, associate provost at TSTC’s Waco campus. “The Foundation’s Helping Hands Scholarship is able to offer emergency aid to students at any of TSTC’s 10 campuses to cover essential needs that otherwise would prevent a student from attending classes or finishing their degree. The Foundation’s support for students is an example of the caring and support that TSTC provides to every student.”

Mazanec Construction Co. in Waco has given $50,000 to establish a scholarship for students in the Building Construction Technology program at the Waco campus. Ed Mazanec III, the company’s president, said “The financial gift symbolizes our commitment to TSTC and the community’s students who are interested in pursuing a career in the construction field.” The company has hired several TSTC students as interns and graduates.

Saber Power Field Services LLC, a NETA Accredited Company serving the electric utility, municipal, petrochemical, and oil and gas industries, donated $28,000 for TSTC’s Electrical Power and Controls program. The program is offered at the Abilene, Fort Bend County, North Texas and Waco campuses. Of the donation, $10,000 will be used for program scholarships and $18,000 is an in-kind gift for equipment on the Waco campus.

Rick Thompson, the company’s executive vice president, said “I am glad to see TSTC receive financial support and equipment to develop the next generation of field service technicians.” The company is located in Rosharon, south of Houston.

Lockridge-Priest in Waco has given for five consecutive years to the Helping Hands Scholarship to provide emergency aid for students who need it. This type of support is critical to students who have few choices when financial hardship hits. A lack of funds available to solve immediate crises, like paying a utility bill or replacing a blown tire, can mean the difference between having to drop out or completing a course or program. Emergency aid scholarships have the ability to solve a student’s immediate financial challenge.

WE LOOK FOR OPPORTUNITIES TO HIRE TSTC GRADUATES, AS WE KNOW THEY ARE HIGHCALIBER CANDIDATES.

RICK THOMPSON EXEC. VICE PRESIDENT, FIELD SERVICES SABER POWER

The Power of Partnerships

The gifts that the community has given to The TSTC Foundation for the Fort Bend County campus have been instrumental in opening the pathways for students for high-paying, in-demand careers.

“Gifts disable mediocrity and enable exceptionalism,” said Bryan Bowling, TSTC’s Fort Bend County campus provost. “We wouldn’t have the campus here if it weren’t for the community. Gift-giving becomes an avenue to a life-changing career.”

The James B. Harrison Foundation gave $20,000 for student scholarships at TSTC. “I hope it makes it easier for more folks to take advantage of what I think is an incredible opportunity to get the training you need to have a good, satisfying job that pays well,” said Barrett Davis, president of the James B. Harrison Foundation. “TSTC develops and trains people who will do what needs to be done with an eye toward better-paying jobs. That’s not just a benefit to the people who go through the program, but a benefit to the entire community.”

The Lift High Foundation gave $35,000 to establish the Lift High Emergency Aid scholarship. “It was our hope that TSTC could use the fund for emergency assistance for students facing a critical financial need,” said Grady Meloy, a member of the board of directors at the Lift High Foundation. “We strive to provide the financial support needed to help break down any last barrier that prevents an individual from entering the workforce.”

Kyrish Truck Centers donated a truck and several engines that will benefit TSTC’s Diesel Equipment Technology students on several campuses. TSTC’s campus in Waco received an International truck and engine, while TSTC’s campuses in Fort Bend County and Harlingen each received an International engine.

The relevant, hands-on training that TSTC students will receive through these donations will help broaden their skill sets and experience ahead of entering the workforce, said Michael Smith, vice president of Institutional Advancement for The TSTC Foundation.

The gift will be mutually beneficial for both Kyrish Truck Centers and TSTC students, he added. “Kyrish Truck Centers is in the same situation as every other truck company in the country: They need more mechanics,” Smith said. “Their goal is to recruit the best mechanics, and since we put out the best mechanics, they came to us. Working on these engines will allow TSTC students to open their horizons to more opportunities.”

Gifts of industry-relevant equipment are key to shaping future workers who will be able to hit the ground running in the workforce, Bowling said. “We are a pipeline of skilled technicians,” he said. “A donation of equipment really provides students with the best possible scenario: a real-world scenario.”

THE LIFT HIGH FOUNDATION HAS CHOSEN TO PARTNER WITH TSTC’S EXCELLENT EDUCATIONAL PROGRAMS TO HELP PROVIDE FINANCIAL SUPPORT TO STUDENTS THAT NEED ASSISTANCE WITH ANY LAST BARRIER PREVENTING THEM FROM ENTERING THE WORKFORCE.

GRADY MELOY BOARD MEMBER LIFT HIGH FOUNDATION

SOUTH TEXAS: HARLINGEN Year in Review

The Power of Vision

Community support in the Harlingen area was at an alltime high this past year. Richard Mesquias, senior field development officer of The TSTC Foundation, said “The TSTC Foundation awarded scholarships to more than 600 students and established another 10 scholarship programs.”

Amanda Posada, interim provost at TSTC’s Harlingen campus and the college’s statewide dual enrollment executive director, said technical education is essential for TSTC students because it not only elevates their skills, but also makes them more marketable for highpaying careers.

“The support from the community helps high school students matriculate into TSTC programs and not worry about a financial burden,” Posada said. “TSTC’s industry partners are instrumental in supporting student success.”

The Boggus Automotive Group supported the Automotive Technology program at TSTC’s Harlingen campus with a $50,000 gift. Jacob Boggus, general manager for the Boggus Automotive Group, said the Boggus Automotive Group Scholarship offers financial assistance to students for tuition, books and tools.

“Many times, a student is a few hundred dollars short of completing their educational goal or getting started with the tools for the job. Our organization wants future technicians to have a fighting chance to obtain the skills they need to prosper in the real world,” Boggus said.

Magic Valley Electric Cooperative established a $20,000 scholarship that benefits Electrical Lineworker and Management Technology program students through tuition and supply needs.

Abraham Quiroga, business and employee development

division manager for Magic Valley Electric Cooperative, said the company has been a proud supporter of TSTC’s lineworker program since its inception.

“There is a growing need for electrical power-line installers and repairers across the Rio Grande Valley, and having the ability to develop and hire local talent is appealing,” Quiroga said. “TSTC’s Electrical Lineworker and Management Technology program allows us to hire individuals that have acquired specific industry knowledge and skills that gives students an edge once they begin their career.”

The Rio-South Texas Education and Community Development Foundation provided a generous gift of $1,210,250 to ensure that current TSTC students nearing graduation have the funds needed to complete their programs. In addition, the donation also helps area career and technical education high school students who are matriculating into TSTC programs and enhances the quality of technical training in key programs through the purchase of new training equipment.

Adam Gonzalez, RSTEF’s senior vice president of sponsor and program development, said the donation will ensure that TSTC students have access to economic opportunities and enable them to pursue meaningful careers and live prosperous lives.

“RSTEF’s focus is to support programs in postsecondary education and workforce development in industries that are in high demand today and in the future,” Gonzalez said. “RSTEF looks forward to a continued relationship with TSTC in Harlingen for years to come.”

Mesquias said The TSTC Foundation is grateful for the generous community support.

THE BOGGUS AUTOMOTIVE GROUP IS COMMITTED TO THE SUCCESS OF TSTC STUDENTS.

JACOB BOGGUS GENERAL MANAGER BOGGUS AUTOMOTIVE GROUP

Your generosity

Our gratitude

LOYALTY GIVING

Honor Roll

Recognizing Faithful Support Through the Years

The TSTC Foundation is proud to give special thanks to our most dedicated donors. Both individual donors and organizations represented have provided financial solutions to the college’s most pressing needs. Here, we honor you for your commitment to facilitating economic strength through education.

These generous donors have given to The TSTC Foundation for five or more years:

AbbVie Inc.

Acme Brick Company

Alcon Laboratories, Inc. Allen Samuels

Chrysler Dodge Jeep Ram Altec Industries, Inc.

Amanda Oswalt American Bank American Electric Power and The AEP Foundation

Angela Evilia Barbara E. Selke-Kern

Belinda Munoz

Beth Wooten

Bird Kultgen Ford Blattner Energy Inc.

Breck Operating Corp. Burns & McDonnell Capstone Mechanical Carla A. Becker

Celina Garza

Central National Bank Central Texas Watercolor Society

Charles D. Olson

Christine Stuart-Carruthers Circuit Breaker Sales Co. City of Richmond - Development Corporation of Richmond City of Rosenberg Cledia R. Hernandez

Community of Automotive Professionals

Coonrod Electric Company Crown Equipment Corporation

Curtis and Jana Cleveland Cynthia B. Mata Debbie Karl Development Corporation of Harlingen, Inc. Dian Graves Owen Foundation Doris E. Hoff Douglas Clark Dr. Elton E. Stuckly Duke Energy Corporation DuPuy Oxygen Eastman Chemical Company Eaton Corporation Edgar Padilla Edna Claus Ellis M. Skinner Energy & Automation Inc. Equipment Depot

Fallas Automation

First National Bank of Central Texas Fort Bend County

Gail R. Lawrence Galaxy Builders Ltd. GCPA Empowering Foundation Gilbert and Norma Leal Gurecky Manufacturing Service, Inc. Halliburton Company Hannah J. Love

Harlingen Medical Center H-E-B

Hendrick Health System

Hilda Holland

HOLT CAT

Honeys Roofing LLC

Houston Livestock Show and Rodeo Hubert R. Staten

IMS

International Paper

Irene Cravey

Jacobs Engineering James and Dorothy Doss Foundation, Inc.

Javier DeLeon

Jeff L. Kilgore

Jennifer V. Colten

John Deere Foundation

John Hatchel

John McGinnis

John W. Erwin General Contractor, Inc. Johnson Controls, Inc.

Jonathan Hoekstra

Joni G. Coons

Josephine Saldivar

Juan Lopez

Julie A. Threlkeld

Julie Gonzalez

Kacey L. Darnell

Karen Waller

Kiewit Corporation Kirby-Smith Machinery, Inc.

Komatsu America Corp.

Lisa M. Listach-Carter

Lochridge-Priest, Inc.

Long Foundation

Lower Colorado River Authority Ludlum Measurements, Inc.

M & S Engineering

M. Lipsitz and Company, Ltd.

Marcus A. Balch

Maria C. Aguirre

Marlene S. McMichael

Melissa Aleman

Michael and Karen Bettersworth Michael J. Murphy

Michael J. Smith

Midlothian Economic Development

Mike Reeser

Morton Buildings

Murray & Greta Watson Endowed Scholarship Mustang CAT Machinery Company

Nathan Cleveland National Field Services Nestor O. Flores Nucor Corporation

Odyssey Technical Solutions

Oncor Electric Delivery Company LLC ONEOK, Inc.

Paul F. McClinton

Pete Rowe

Pike Electric, LLC

Pioneer Steel & Pipe Company, Inc.

Plastipak Packaging, Inc.

Power Engineers, Inc.

Randall E. Wooten

Ray Rushing

Raymond W. Carey RDO Equipment Rebecca Stevenson Retail Performance Company Ricardo Herrera Rio Bank Robert Partida Robert Wolaver Roland C. Adamson Rolling Plains Memorial Hospital Ruben O. Abarca Ruthie Ewers

San Antonio Livestock Exposition, Inc. Service King Seven Networks, LLC Shelton Family Foundation Shermco Industries Society of Plastic Engineers

Southwest Research Institute SpawGlass, Inc.

Spencer Charitable Foundation

Sprint Waste Services, LP Stephen and Pamela Snyder Stephen Meeks Storer Services TEAM Solutions, Inc. Terry Blankenship Texas Disposal Systems Texas Farm Bureau Texas Instruments, Inc.

The Bert F. Winston, Sr. Foundation

The Clifton Foundation

The Gene Haas Foundation

The George Foundation

The Henderson-Wessendorff Foundation

The Wingate-Lindsey Charitable Trust Thomas Cockrell

Tonya L. Holloway

Trane Technologies, Inc.

Transam Trucking, Inc.

TravelCenters of America, LLC Trinity Industries, Inc. Tymco, Inc.

United Health Care United Launch Alliance

Valley Baptist Medical Center Verna Lastrapes

VFW Post #2410

Waco Coin Club

Waco Foundation Walmart, Inc.

Wardlaw Claims Service

Washington County Tractor Waukesha-Pearce Industries, Inc. Whitney S. Carter

Wilsonart Americas Wood Group PLC

STATEMENT OF ACTIVITIES

Revenues

FY 2022 FY 2021

Contributions and other support 5,163,693 4,213,718

Interest and dividends 197,277 107,680

Gains (losses) on investments (705,397) (328,384)

Gains (losses) on sale of assets 118,533 834,598

Total Revenues 4,774,106 4,827,612

Expenses

Student scholarships 1,187,737 1,228,705

Payments for the benefit of TSTC 160,581 119,628

Equipment/land purchased for TSTC 238,738 161,329

Grants to TSTC 1,207,331 674,982

Administrative expenses 199,065 151,228

Interest expense 1,155,343 790,284

Total Expenses 4,148,795 3,126,156

Increase (Decrease) in Net Assets 625,311 1,701,456

STATEMENT OF

Assets

POSITION

FY 2022 FY 2021

4,129,743 8,761,215 Investments 14,049,628 3,780,552 Pledges receivable 222,635 461,216

Cash

Capital

10,140,527 12,982,185

Leases receivable (TSTC) 19,928,553 25,097,401

Total

Accounts

and equipment, net 124,393 124,393

48,595,479 51,206,962

275,466 5,488,070

649,746 336,000

30,493,591 28,831,527

34,655,597

3,148,966 7,222,316

9,329,049

CHARLIE

Crawford,

Fort Bend County, Texas

ROLAND

JESSICA

JEROD

CHARLIE

Marshall, Texas

CARY

ABNEY

Breckenridge,

JONATHAN NEWTON

Remembering Rusty Hicks

The TSTC Foundation would like to thank Rusty Hicks, beloved colleague and friend, for his tireless work creating opportunities for students. His passion and love for aviation will be felt for years to come through an endowed scholarship created in his name.

To Rusty’s family: The TSTC Foundation is ever so grateful for his service to TSTC. We cherish the time he spent with us and are heartbroken for your loss.

We will miss you, Rusty.

THE TSTC FOUNDATION STAFF

BETH WOOTEN

CHIEF EXECUTIVE OFFICER 254-867-3940 beth.wooten@tstc.edu

MICHAEL SMITH

VICE PRESIDENT OF INSTITUTIONAL ADVANCEMENT 512-759-5669 michael.smith@tstc.edu

SHEAYLA BLACK GIFT ACCOUNTANT 254-867-3967 sheayla.black@tstc.edu

JENNIFER COLTEN EXECUTIVE DIRECTOR OF ADVANCEMENT OPERATIONS 956-364-5501 jennifer.colten@tstc.edu

BLAKE COX ASSOCIATE FIELD DEVELOPMENT OFFICER EAST TEXAS REGION 903-923-3209 blake.cox@tstc.edu

DELTON MCGUIRE SENIOR FIELD DEVELOPMENT OFFICER WEST TEXAS REGION 361-694-0500 delton.mcguire@tstc.edu

LOU MANCINAS SENIOR FIELD DEVELOPMENT OFFICER SOUTHEAST TEXAS REGION 832-210-7494 louis.mancinas@tstc.edu

DAN MEOLA PROSPECT MANAGEMENT AND RESEARCH ANALYST 254-867-3985 dan.meola@tstc.edu

RICHARD MESQUIAS SENIOR FIELD DEVELOPMENT OFFICER SOUTH TEXAS REGION 956-364-4500 richard.mesquias@tstc.edu

PETE ROWE

VICE PRESIDENT OF EXTERNAL RELATIONS CENTRAL TEXAS REGION 254-867-3954 pete.rowe@tstc.edu

JULIE THRELKELD DIRECTOR OF CONSTITUENT MANAGEMENT 254-867-3981 julie.threlkeld@tstc.edu

TARA WILKINSON DIRECTOR OF GIFT ADMINISTRATION 325-235-7301 tara.wilkinson@tstc.edu