Charitable Trust

The MSU Charitable Trust, the MSU Foundation and MSU-held endowments together total more than $45 million.

MSU Charitable Trust

The resources of the Midwestern State University Charitable Trust allow the university to meet special needs which may not be supported through appropriations from the state of Texas. Examples are scholarships for deserving students, faculty research, and faculty and staff development programs.  Since its formation in 1989, the Charitable Trust’s total assets have grown considerably. This steady growth is a result of the Trust investment program and contributions from individuals committed to the continued growth of Midwestern State as a quality institution. The sole function of the Trust is to support higher education at MSU, and its resources may be used for no other purpose.

What is the MSU Charitable Trust?

Midwestern State University Charitable Trust was chartered as charitable trust by the state of Texas on March 21, 1989. The Trust is separate from the university. However, the MSU Charitable Trust is governed by the university in that the supervision and control of the organization’s Board of Trustees rests in the Board of Regents of the university.

What is the purpose of the Trust?

The Trust was established for the purpose of receiving, holding, investing, and dispensing the proceeds of gifts made for the benefit of Midwestern State University. The Trust assures donors that their gifts will be maintained and distributed in compliance with their individual wishes.

Who operates the Trust?

The Trust is governed by a board consisting of local supporters of MSU and one corporate trustee. The Board of Trustees is made up of individuals with a variety of educational and professional backgrounds. The Board is selected to serve the Trust based on their professional area of expertise and they serve without any form of compensation.  The corporate trustee does receive compensation for managing the assets of the trust.

How are Trust gifts invested?

The Trust’s assets are managed by the corporate trustees, which is a trust department of a national bank. If the donor specifies how the funds are to be invested, the donor’s wishes are observed. If the donor does not specify, the trustees will seek to maintain a portfolio which will promote the growth of the fund while protecting against inflation. This is accomplished by monitoring a balanced investment mix which produces the highest yield yet offers the lowest risk.

For additional information about the Trust, contact the Vice President for University Advancement and Public Affairs at 397-4782.

 

MSU Foundation, Inc.

The resources of the Midwestern State University Foundation, Inc. allow the university to meet special needs which may not be supported through appropriations from the state of Texas. Examples are scholarships for deserving students, faculty research, and faculty and staff development programs.

Since its formation in 1960, the Foundation's total assets have grown considerably. This steady growth is a result of the Foundation's investment program and contributions from individuals, groups, and organizations committed to the continued growth of Midwestern State as a quality institution. The sole function of the Foundation is to support higher education at MSU, and its resources may be used for no other purpose.

What is the MSU Foundation, Inc.?

Midwestern State University Foundation, Inc. was chartered as an independent, tax-exempt foundation by the State of Texas on February 23, 1960.  It is an incorporated, nonprofit organization developed solely for the benefit of Midwestern State University.

What is the purpose of the Foundation?

The Foundation was established for the purpose of receiving, holding, investing, and dispensing the proceeds of gifts made for the benefit of Midwestern State University. The Foundation assures donors that their gifts will be maintained and distributed in compliance with their individual wishes.

Who operates the Foundation?

The Foundation is governed by a board consisting of local supporters of MSU. The Board of Trustees is made up of individuals with a variety of educational and professional backgrounds. The Board is selected to serve the Foundation based on their professional area of expertise and they serve without any form of compensation.

How are Foundation gifts invested?

The Board has expertise in banking and finance and is responsible for determining the most favorable manner to invest and manage the MSU Foundation's assets and is responsible for the Foundation's investment portfolio. The Trustees seek to maintain a portfolio which promotes the growth of the fund's principal while protecting against inflation. This is accomplished by maintaining a balanced investment mix which produces the highest yield yet offers the lowest risk.

For additional information about the MSU Foundation, contact the Vice President for University Advancement and Public Affairs at (940) 397-4782.