Every year, the Foundation processes more than 20,000 gifts of all sizes. We value every gift and handle each one professionally and efficiently. Depending on the gift size and type, we take it through some or all of the following steps:

• We provide a gift agreement.
  We provide gift agreements for all gifts and pledges of $25,000 or more. Agreements outline the purpose, form, schedule and administration of gifts. For smaller gifts, donors may document their preferences with pledge cards, letters or notes on their checks.
  
  
• We convert the gift to cash.
  Non-cash gifts (securities or real estate) require special processing. The Foundation converts these gifts to cash.
  
• We place the gift in an account.
  Every gift goes into an endowed or non-endowed operational account as specified by the donor. The Foundation disburses funds from accounts as defined by donors’ preferences.
  
  
• We send a receipt.
  We mail a receipt for every gift. Receipts provide donors with proof of their contribution. If you have a question about a receipt, contact Ann Lovett ’81.
  
  
• We apply a development fee.
  To fund our operations, the Foundation applies a one-time, five percent development fee to gifts. For endowed gifts, the fee is charged when the gift is made and paid as earnings. For non-endowed gifts, the fee is charged and paid when the gift is made. The Foundation uses four percent to fund central operations and returns one percent to the generating colleges to support their specific development activities.
  
  
• We disburse funds to Texas A&M.
  If the gift is non-endowed, the Foundation disburses the entire gift as designated by the donor and when requested by the university. If the gift is endowed, we invest it until it has generated enough to fund the stipend and the benefiting university office requests a disbursement. For example, a scholarship endowment would accrue earnings for 18 months before Student Financial Aid could request the first stipend disbursement.