
Endowments 101
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.
About Lou
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.