What does TTFI mean in FOUNDATIONS

Texas Tech Foundation Inc. (TTFI) is a private, independent, non-profit organization that supports the mission of Texas Tech University. TTFI was established in 1923 and is dedicated to advancing the university's core values of excellence, innovation, and community engagement.

TTFI primarily focuses on four key functions: fundraising, investment management, real estate development, and technology commercialization. Through these activities, TTFI generates revenue, supports academic programs, and enhances the overall research and innovation capabilities of Texas Tech University.

TTFI is primarily funded through private donations, grants, and investment returns. Individual donors, corporations, and foundations provide philanthropic support to TTFI, enabling the organization to fund scholarships, faculty research, and capital projects.

TTFI provides critical financial and operational support to Texas Tech University in various ways, including:

• Funding faculty chairs, professorships, and research initiatives
• Providing scholarships and fellowships to deserving students
• Constructing and maintaining university facilities
• Commercializing university-developed technologies and intellectual property

While TTFI has a close relationship with Texas Tech University, it is a separate legal entity and is not directly affiliated with the university. However, TTFI's mission and activities are fully aligned with the university's strategic goals and objectives.