Presented by Lou Paletta ’78
There’s plenty of conversation around major universities touting hefty endowments. But what are they? Who manages them? And why would a donor want to give more to establish one? In this course, Lou Paletta ’78, former chair of the Texas A&M Foundation’s Board of Trustees, explains the power of endowments and how they can impact Texas A&M for generations after a donor’s lifetime.
What is An Endowment?
Endowments are a powerful tool that universities and their philanthropic partners use to set a sustainable financial bedrock and create long-term institutional support. But what are they, and what benefits do they offer donors? Lou Paletta ’78, former chair and current member of the Texas A&M Foundation’s Board of Trustees, briefly introduces endowments and how they can help you create a generational impact.
Louis “Lou” Paletta ’78 is the COO and founding partner at Kildare Partners, a private equity firm. He is a former chair of the Texas A&M Foundation’s Board of Trustees and currently serves as a trustee and investment committee chair.
Philanthropy at Texas A&M
It’s no secret that Texas A&M thrives thanks in part to the steadfast support of its former students and philanthropic partners. But why does a public university need private support? And how do all these different fundraising organizations serve the institution, anyway?Explore this course
How to Make a Gift
Giving is a part of human nature, and Texas A&M has an especially strong tradition of loyal former students giving back to support current and future Aggie students, faculty and staff. For first-time donors, though, philanthropy can seem daunting and even inaccessible. In this course, three Texas A&M Foundation development team members demystify the giving process one step at a time.Explore this course