UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Basic Financial Statements
August 31, 2010 and 2009
(With Independent Auditors’ Report Thereon)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Table of Contents
Page
Independent Auditors’ Report
1
Management’s Discussion and Analysis
3
Basic Financial Statements:
Statements of Net Assets
11
Statements of Revenues, Expenses, and Changes in Net Assets
12
Statements of Cash Flows
13
Notes to Basic Financial Statements
14
Other Supplementary Information:
Schedule of Noncurrent Investments
31
Schedule of Changes in Net Assets by Endowment
50
KPMG LLP
811 Main Street
Houston, TX 77002
Independent Auditors’ Report
The Board of Regents
University of Houston System:
We have audited the accompanying financial statements of the business-type activities of the University of
Houston System (the System) Endowment Fund (Endowment Fund) as of August 31, 2010 and 2009, as
listed in the table of contents. These financial statements are the responsibility of the Endowment Fund’s
management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with auditing standards generally accepted in the United States of
America. Those standards require that we plan and perform the audit to obtain reasonable assurance about
whether the financial statements are free of material misstatement. An audit includes consideration of
internal control over financial reporting as a basis for designing audit procedures that are appropriate in the
circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Endowment
Fund’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also
includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial
statements, assessing the accounting principles used and significant estimates made by management, as
well as evaluating the overall financial statement presentation. We believe that our audits provide a
reasonable basis for our opinion.
As discussed in note 1, the financial statements of the Endowment Fund are intended to present the
financial position, changes in financial position, and cash flows of only that portion of the business-type
activities of the University of Houston System that is attributable to the transactions of the Endowment
Fund. They do not purport to, and do not, present fairly the financial position of the University of Houston
System as of August 31, 2010 and 2009, the changes in its financial position, or its cash flows, for the
years then ended, in conformity with accounting principles generally accepted in the United States of
America.
In our opinion, the financial statements referred to above present fairly, in all material respects, the
financial position of the business-type activities of the Endowment Fund as of August 31, 2010 and 2009,
and the results of its operations and its cash flows for the years then ended, in conformity with
U.S. generally accepted accounting principles.
The Management’s Discussion and Analysis listed in the table of contents is not a required part of the basic
financial statements, but is supplementary information required by U.S. generally accepted accounting
principles. We have applied certain limited procedures, which consisted principally of inquiries of
management regarding the methods of measurement and presentation of the required supplementary
information. However, we did not audit the information and express no opinion on it.
KPMG LLP is a Delaware limited liability partnership,
the U.S. member firm of KPMG International Cooperative
(“KPMG International”), a Swiss entity.
Our audits were conducted for the purpose of forming opinions on the financial statements that collectively
comprise the Endowment Fund’s financial statements. The supplementary information included in those
schedules as listed in the accompanying table of contents are presented for purposes of additional analysis
and are not a required part of the basic financial statements. Such information has been subjected to the
auditing procedures applied in the audit of the basic financial statements and, in our opinion, is fairly stated
in all material respects in relation to the basic financial statements taken as a whole.
February 8, 2011
2
Introduction
The following Management’s Discussion and Analysis (MD&A) provides an overview of the activities and the
financial position of the fund for the fiscal year ended August 31, 2010 as compared to fiscal year ended
August 31, 2009 with summary comparisons for the year ended August 31, 2008. This MD&A offers a summary
of significant current year activities of the University of Houston System Endowment Fund (Endowment Fund),
resulting changes in net assets, and currently known economic conditions and facts. This analysis should be read
in conjunction with the Endowment Fund’s basic financial statements and the notes to the financial statements.
Responsibility of the financial statements, related note disclosures, and MD&A rests with the Endowment Funds’
management.
During the 2002 fiscal year, the State of Texas adopted Governmental Accounting Standards Board
(GASB) Statement No. 34, Basic Financial Statements – and Management’s Discussion and Analysis – for State
and Local Governments, and GASB Statement No. 35, Basic Financial Statements – and Management’s
Discussion and Analysis – for Public Colleges and Universities. The University of Houston System (the System
UH System) is a governmental entity of the State of Texas. The Endowment Fund is a fund group of the
System’s reporting entity.
During fiscal year 2010, the Endowment Management Committee of the UH System Board of Regents (Board of
Regents) continued to review existing objectives, risks, asset allocation, and manager structure within the
endowment portfolio. The Endowment Fund Statement of Investment Objectives and Policies, among other
things, establishes financial objectives for the endowment and an asset allocation with targets and ranges and
categorizes each asset class as either a risk reducer or a driver of return.
Endowment Fund Structure
Gifts to the UH System are placed in the Endowment Fund for investment and oversight purposes. The Board of
Regents strives to maintain a plan to preserve and augment the value of the endowment. The Board of Regents
works to preserve the broad objective of investing endowment assets so as to preserve both their real value and
the long-range purchasing power of endowment income. The Endowment Management Committee of the Board
of Regents is responsible for reviewing and approving investment managers and monitoring investment
performance and allocations of funds to asset classes to ensure appropriate diversification of investment risks for
the Endowment Fund, as well as making recommendations to the Board of Regents for any changes to the
investment policy.
The Endowment Fund is a pooled investment fund consisting of approximately 1,320 individual endowments
benefiting the four UH System universities. The investment pool functions similarly to a mutual fund, with each
endowment account owning units that represent a claim on the Endowment Fund’s net assets. By pooling the
investments, the UH System achieves increased diversification of investment risks and more effective
management of endowment assets.
3
(Continued)
Management of the Fund
The Endowment Fund retains thirty-two independent investment managers who pursue different portfolio
management strategies to maximize the total return through a variety of capital market cycles. Investment
manger diversification of the Endowment Fund’s assets is as follows:
2010
Domestic large cap equities:
State Street Global Advisors
Mayo Capital
Institutional Capital
Columbia Management
Cougar Investment Fund
Fayez Sarofim
Robeco Boston Partners
Dodge & Cox
Smith Group
Wellington
Subtotal – domestic large
cap equities
Domestic small cap equities:
Luther King Capital Management
Hoover Investment Management
Subtotal – domestic small
cap equities
International equities:
William Blair
Silchester
Aberdeen
Alliance Bernstien
Subtotal – international equities
Absolute return:
Davidson Kempner
Whipporwill
Crestline
Mason Capital
OZ Overseas
Subtotal – absolute return
4
2009
2008
9%
3
3
3
<1
—
—
—
—
—
—%
—
—
—
<1
3
5
4
4
3
—%
—
—
—
<1
3
5
5
5
3
18
19
22
2
—
2
2
2
2
2
4
4
10
10
1
—
10
—
—
10
11
—
—
12
21
20
23
2
1
3
1
2
3
2
5
—
—
2
2
2
—
—
9
10
6
(Continued)
2010
Hedged equity:
Barlow Partners
York Institutional Partners
Federal Street
Scout Capital
Coatue
Subtotal – hedged equity
Inflation hedge:
Morgan Stanley
Colchester
Moncrief Willingham
Wellington DIH
Absolute Plus
Salient Trust
Sustainable Woodlands Fund
Berwind Property Group
Newlin Realty Partners
Other – real estate holdings
Subtotal – inflation hedge
Domestic fixed income:
Wells Capital
Smith Graham
Mondrian
Laddered U.S. Treasuries
Subtotal – domestic
fixed income
Alternatives:
HarbourVest Partners
Trident
Commonfund Capital
EnCap Energy
Fisher Lynch Capital
2009
8%
4
—
1
1
8%
3
—
—
—
7%
3
2
—
—
14
11
12
1
—
1
3
1
1
1
1
1
1
1
—
1
4
1
1
1
1
1
1
1
1
1
5
1
1
1
1
1
1
11
12
14
—
6
5
5
—
6
5
5
8
8
—
—
16
16
16
<1
—
1
2
<1
Subtotal – alternatives
Cash and equivalents
Total
2008
<1
<1
<1
1
<1
<1
<1
<1
<1
<1
3
1
1
6
7
2
100%
100%
100%
Investment Manager Allocation
Investment managers are given discretion to manage the assets in each portfolio to best achieve investment
objectives within the policies and requirements established by the Board of Regents. The objectives and
comparative benchmarks are used to evaluate manager performance. The Endowment Management Committee
reviews performance and adjusts allocation to investment managers and asset classes in response to current or
future anticipated market conditions. Monthly and comprehensive quarterly performance reports are distributed
to the Endowment Management Committee.
5
(Continued)
Endowment Payout Policy
The Endowment Management Committee is responsible for reviewing the income payout rate of the Endowment
Fund, which is a balance between current income needs and long-term investment objectives. The endowment
will maintain a payout rate of approximately 4% to 5%, with any change to this range to be approved by the
Board of Regents. The endowment income payout for the year ended August 31, 2010 was 4% of the average
year-end market value for the three prior fiscal years. If an endowment has been in existence for less than three
years, the average is based on the number of years in existence. This trailing three-year method is used to smooth
large year-over-year changes in market value, thereby allowing the UH System’s colleges and departments to
more reasonably predict future distributions of endowment income intended to benefit their area.
In the three fiscal years 2008 through 2010, endowment payouts to the beneficiary accounts, excluding
distributed income returned to principal, in total and by the System’s components were as follows:
2010
University of Houston
UH – Clear Lake
UH – Downtown
UH – Victoria
System-wide endowments
Total
2009
2008
$
6,879,742 226,755 523,613 280,304 4,098,724 6,568,038 127,623 513,029 285,650 4,252,881 14,992,422 598,277 831,970 422,003 8,121,804 $
12,009,138 11,747,221 24,966,476 Overview of the Financial Statements
The financial statements for the fiscal year ended August 31, 2010 are presented comparatively to financial
statements issued for the fiscal year ended August 31, 2009. The financial statements have been prepared in
accordance with the standards of the Governmental Accounting Standards Board, which establishes generally
accepted accounting principles for state and local governments. The three primary financial statements presented
are (1) the Statement of Net Assets, (2) the Statement of Revenues, Expenses, and Changes in Net Assets, and
(3) the Statement of Cash Flows. The information contained in the financial statements of the Endowment Fund
is incorporated within the System’s Combined Annual Financial Report.
The financial operations of the System, and therefore inclusively the Endowment Fund, are considered a
business-type (or proprietary fund) activity. The operating activities of the System are financed by tuition and
fees, state appropriations, contracts and grants, and auxiliary enterprise revenue. The Endowment Fund is an
internally managed pooled fund and its beneficiaries are internal to the System. The Statement of Net Assets
reports resources held and administered by the System, as described in the previous sections of this discussion
and analysis. These resources are customarily characterized by the existence of a written agreement that affects
the degree of management involvement, the programs supported by income earned by the resources, and the
length of time that the resources are held by the System.
Statement of Net Assets
The Statement of Net Assets reflects the Endowment Fund’s assets and liabilities using the economic resources
measurement focus and accrual basis of accounting, and represents the financial position as of the conclusion of
the fiscal year. Net assets are equal to assets minus liabilities. Unrestricted net assets are available to the System
for any lawful purpose. Unrestricted net assets often have constraints imposed by management, but such
constraints can be removed or modified. Restricted net assets represent net assets than can be utilized only in
accordance with third-party-imposed restrictions. On August 31, 2010, the fund’s assets totaled $465.2 million,
and liabilities totaled $23.0 million, resulting in net assets of approximately $442.3 million.
6
(Continued)
The net assets of the Endowment Fund as contributed by the System’s components as of August 31, 2010,
compared to the corresponding values as of August 31, 2009 and August 31, 2008, were as follows:
2010
University of Houston
UH – Clear Lake
UH – Downtown
UH – Victoria
System-wide endowments
Total
2009
2008
$
299,615,214 16,671,351 19,547,191 8,765,256 97,683,043 246,109,640 10,142,436 13,675,601 6,746,435 138,016,146 290,300,030 12,060,799 16,160,710 8,421,742 171,323,000 $
442,282,055 414,690,258 498,266,281 Variance Analysis – Changes in the Statement of Net Assets – 2010 and 2009
Change
2010 – 2009
2010
2009
438,216,968
23,526,710
288,127,685
38,141,386
88,421,187
27,016,455
(575,342)
21,838,986
144,075
5,608,736
414,690,258
27,591,797
Total assets
Total liabilities
Restricted nonexpendable endowments
Restricted expendable endowments
Unrestricted endowments
$
$
465,233,423
22,951,368
309,966,671
38,285,461
94,029,923
Net assets
$
442,282,055
•
Total Assets: The $27 million increase in fiscal year 2010 is attributable to new donations to the
Endowment Fund and an increase in the fair value of investments resulting from the stock market increase,
which began in the middle of fiscal year 2009 and continued into fiscal year 2010.
•
Total Liabilities: The majority of the $575 thousand decrease in liabilities is attributable to a decrease in
the total amount of securities purchased and pending settlement at fiscal year-end 2010. A $7.5 million
payable was recorded at August 31, 2010 to recognize the future commitment to pay for pending securities
purchases, compared to an $8.0 million payable at August 31, 2009.
•
Restricted Nonexpendable Endowments: The $21.8 million increase in restricted nonexpendable
endowments is primarily attributable to an increase in the fair value of the endowments resulting from an
increase in the stock market in fiscal year 2010.
•
Unrestricted Endowments: The $5.6 million increase in unrestricted endowments is primarily attributable
to the increase in the fair value of the endowments resulting from an increase in the stock market in fiscal
year 2010.
7
(Continued)
Variance Analysis-Changes in the Statement of Net Assets – 2009 and 2008
2009
Total assets
Total liabilities
Restricted for nonexpendable endowments
Restricted expendable endowments
Unrestricted
Net assets
2008
Change
2009-2008
$
438,216,968 23,526,710 288,127,685 38,141,386 88,421,187 542,276,438 44,010,157 352,127,953 38,358,923 107,779,405 (104,059,470) (20,483,447) (64,000,268) (217,537) (19,358,218) $
414,690,258 498,266,281 (83,576,023) •
Total Assets: The $104 million decrease in fiscal year 2009 was primarily attributable to the net decrease
in the fair value of investments caused by the decline in the stock market which began in the latter part of
fiscal year 2008 and continued into the first half of fiscal year 2009.
•
Total Liabilities: The majority of the $20.5 million decrease in liabilities was attributable to two factors.
First, the amounts payable to the System’s components for the income distribution and institutional
advancement fee were decreased by $15.6 million in fiscal year 2009 compared to fiscal year 2008 as a
result of the prohibition against the distribution of income or assessment of the institutional advancement
fee on any endowment that has a net loss from inception to date. Second, the total amount of securities
purchased and pending settlement at fiscal year-end 2009 decreased $4.1 million. An $8 million payable
was recorded at August 31, 2009 to recognize the future commitment to pay for these pending securities
purchases, compared to a $12.1 million payable at August 31, 2008.
•
Restricted Nonexpendable Endowments: The $64 million decrease in restricted nonexpendable
endowments is primarily attributable to the decrease in the fair value of the endowments resulting from a
decrease in the stock market during fiscal year 2009.
•
Restricted Expendable Endowments: Restricted expendable endowments were little changed in FY2009 as
this category of net assets received a $7 million contribution at the end of the fiscal year 2009, which offset
most of the decrease in this category of endowment net assets that was caused by a decrease in the stock
market during fiscal year 2009.
•
Unrestricted Endowments: The $19.4 million decrease in unrestricted endowments is primarily attributable
to the decrease in the fair value of the endowments resulting from a decrease in the stock market during
fiscal year 2009.
Statement of Revenues, Expenses, and Changes in Net Assets
The Statement of Revenues, Expenses, and Changes in Net Assets contains information about the additions to,
the deductions from, and the resulting net increase or decrease in the fair value of the net assets for the fiscal
year. During fiscal year 2010, the Endowment Fund received $10.2 million of gifts and other receipts, and
interest and investment income of $4.7 million, and experienced a $28.2 million net increase in the fair value of
investments. The Endowment Fund’s total deductions for fiscal year 2010 were $15.5 million, including
$12.0 million earmarked for distribution to the beneficiary endowment accounts under the planned payout policy
and $3.5 million for gift acquisition and fundraising efforts. As a result of these activities, the Endowment Fund
realized an increase in net assets of $27.6 million.
8
(Continued)
Variance Analysis for Statement of Revenues, Expenses, and Changes in Net Assets – 2010 and 2009
Contributions to endowments
Net appreciation (depreciation)
(realized and unrealized)
Other nonoperating revenues (expenses)
Transfers-in (out)
Interest and investment income
Increase (decrease) in
net assets
$
$
Change
2010 – 2009
2010
2009
10,153,417
16,506,838
(6,353,421)
28,249,697
(15,504,895)
33,207
4,660,371
(86,889,653)
(15,549,373)
24,039
2,332,126
115,139,350
44,478
9,168
2,328,245
27,591,797
(83,576,023)
111,167,820
•
Contributions to endowments decreased $6.4 million in 2010 as compared to 2009. Philanthropy decreased
as the economy was going through a recession and many donors were still trying to recover from the
decline in the value of their portfolios caused by a significant decline in the stock market that began in the
latter part of fiscal year 2008 and continued through early half of fiscal year 2009.
•
Changes in investment activities included a $28.2 million net appreciation in the fair value of investments
in fiscal year 2010 compared to $(86.9) million net depreciation in fiscal year 2009. This net change fiscal
year-over-year is the result of the stock market increase, which began in the middle of fiscal year 2009 and
continued into fiscal year 2010. Interest and investment income increased by $2.3 million as compared to
2009 with much of this increase coming from our partnership investments. Fund deductions were little
changed from 2009 to 2010. The Endowment Fund continued the prohibition against the distribution of
income or assessment of the institutional advancement fee on any endowment that has a net loss from
inception to date. The institutional advancement fee was approved by the Board of Regents to offset costs
associated with gift acquisition and fund-raising efforts at the System components. Administrative costs of
$2.1 million were slightly less than fiscal year 2009 as we replaced various managers within the domestic
equity allocation in fiscal year 2010 including the use of passive management, which has a lower cost of
management compared to active management. The domestic equity manager allocation was split equally
between active and passive management at the end of fiscal year 2010 compared to all active management
in this asset class in fiscal year 2009.
Variance Analysis for Statement of Revenues, Expenses, and Changes in Net Assets – 2009 and 2008
2009
Contributions to endowments
Net appreciation (depreciation) (realized and
unrealized)
Other nonoperating revenues (expenses)
Transfers-in/(out)
Interest and investment income
(Decrease) increase in net assets
$
$
9
2008
Change
2009-2008
16,506,838 69,502,852 (52,996,014) (86,889,653) (15,549,373) 24,039 2,332,126 (44,661,910) (32,054,009) 111,519 11,345,871 (42,227,743) 16,504,636 (87,480) (9,013,745) (83,576,023) 4,244,323 (87,820,346) (Continued)
•
Contributions to endowments decreased $53 million in 2009 as compared to 2008. Philanthropy decreased
as the economy was going through a recession. The recession caused a significant decline in the stock
market that began in the latter part of fiscal year 2008 and continued through more than half of fiscal year
2009.
•
Changes in investment activities included a decrease in interest and investment income of $9 million as
compared to 2008 as interest rates declined and yields on high quality fixed income securities declined.
Fund deductions decreased $16.5 million due primarily to a $13.2 million decrease in income distributed to
the beneficiary accounts and a $2.1 million decrease in the institutional advancement fee assessment.
These decreases were the result of the prohibition against the distribution of income or assessment of the
institutional advancement fee on any endowment that had a net loss from inception to date. The
institutional advancement fee was approved by the Board of Regents to offset costs associated with gift
acquisition and fundraising efforts at the System components. Administrative costs of $2.3 million were
slightly less than fiscal year 2008 as the Endowment Fund increased its cash position, which has a lower
cost of management compared to management costs for other asset classes.
Statement of Cash Flows
The Statement of Cash Flows explains the change during the fiscal year in cash and cash equivalents, regardless
of whether there are restrictions on their use. The Statement of Cash Flows should be read in conjunction with
related disclosures and information in the other financial statements.
Capital Assets
The Endowment Fund does not hold any capitalized assets, such as buildings or furniture and equipment. The
Endowment Fund invests in financial instruments, which constitute most of the Endowment Fund’s assets.
Although the Endowment Fund is generally not prohibited from acquiring tangible physical assets to be held as
investments for their appreciation qualities, such assets are typically not acquired or held by the Endowment
Fund. Presently, the Endowment Fund holds certain parcels of land, which were received as gifts and are being
held for their appreciative value.
Debt Administration
The Endowment Fund does not issue long-term debt. The Endowment Fund is not currently engaged in any
long-term financing transactions. The operation and administration of the Endowment Fund is currently
structured such that its annual financial obligations and expenses are satisfied through earnings and other fund
additions.
Economic Outlook
The U.S. and the world experienced a significant downturn in their financial environments and economies
beginning in mid calendar year 2008. The recessionary situation was characterized by a contraction of credit,
high unemployment, falling prices in housing, rising foreclosures, and deflated valuations for equities and other
investment instruments. While the most recent recession has technically ended, uncertainty remains as to when
the economy will begin to experience greater expansion than currently exists and when the continued high
unemployment will subside. Uncertainty also persists as to future tax and interest rate policy in the United States.
Although valuations for equities and other investment instruments have rebounded from their depressed levels of
mid calendar year 2008 to March 2009, there continues to be increased volatility in valuations for equities and
other investment instruments.
Any questions related to the MD&A or financial statements should be directed to University of Houston, Office
of the Treasurer, P.O. Box 988, Houston, TX 77001-0988.
10
THE BASIC FINANCIAL STATEMENTS
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Statements of Net Assets
August 31, 2010 and 2009
2010
Assets:
Current assets:
Cash equivalents
Interest and dividends receivable
Receivables for investments sold
Other receivables
Short-term investments
$
2009
40,062,390 363,347 314,753 10,000 6,403,925 42,424,648 419,226 418,004 — 5,345,748 47,154,415 48,607,626 418,079,008 389,609,342 Total noncurrent assets
418,079,008 389,609,342 Total assets
465,233,423 438,216,968 Liabilities:
Current liabilities:
Payable for investments purchased
Due to other components
7,479,680 15,471,688 8,001,376 15,525,334 22,951,368 23,526,710 309,966,671 38,285,461 94,029,923 288,127,685 38,141,386 88,421,187 442,282,055 414,690,258 Total current assets
Noncurrent assets:
Investments
Total current liabilities
Net assets:
Restricted nonexpendable endowments
Restricted expendable endowments
Unrestricted
Total net assets
$
See accompanying notes to basic financial statements.
11
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Statements of Revenues, Expenses, and Changes in Net Assets
Years ended August 31, 2010 and 2009
2010
Operating revenues
Operating expenses
$
Operating income (loss)
Nonoperating revenues (expenses):
Interest and investment income
Net change in fair value of investments
Other nonoperating revenue (expense)
Total nonoperating revenues (expenses)
Contributions to endowment
Transfers-in
Transfers-out
Increase (decrease) in net assets
Net assets, beginning of year
Net assets, end of year
$
See accompanying notes to basic financial statements.
12
2009
— — — — — — 4,660,371 28,249,697 (15,504,895) 2,332,126 (86,889,653) (15,549,373) 17,405,173 (100,106,900) 10,153,417 33,207 — 16,506,838 24,039 — 27,591,797 (83,576,023) 414,690,258 498,266,281 442,282,055 414,690,258 UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Statements of Cash Flows
Years ended August 31, 2010 and 2009
2010
Cash flows from operating activities:
Net cash provided by operating activities
$
Cash flows from noncapital and related financing activities:
Capital contributions
Other receipts
Transfers to other funds
Net cash provided by noncapital and related
financing activities
2009
— — 10,153,417 33,207 (53,646) 16,506,838 24,039 (16,417,156) 10,132,978 113,721 — — 260,090,538 (275,180,202) 4,716,250 (2,121,822) 281,196,918 (271,859,190) 2,831,885 (2,264,736) (12,495,236) 9,904,877 (2,362,258) 10,018,598 42,424,648 32,406,050 40,062,390 42,424,648 Cash flows from capital and related financing activities:
Cash flows from investing activities:
Proceeds from sales and maturities of investments
Payments to purchase investments
Interest and dividends received on investments
Payments for asset management and stewardship
Net cash (used in) provided by investing activities
(Decrease) increase in cash and cash equivalents
Cash and cash equivalents – beginning of year
Cash and cash equivalents – end of year
$
See accompanying notes to basic financial statements.
13
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Notes to Basic Financial Statements
August 31, 2010 and 2009
(1)
Reporting Entity
The University of Houston System (the System) is an agency of the State of Texas, established by the State
of Texas to provide undergraduate and graduate university instruction, scholarly research, and public
service in the Houston, Texas area. The System is the State of Texas’ only metropolitan higher education
system, encompassing four universities and two multi-institution teaching centers. The University of
Houston System Endowment Fund (the Endowment Fund) is a fund group of the System reporting entity,
with the earliest endowment having been established in 1950. The accompanying financial statements
present only the Endowment Fund of the System as of August 31, 2010 and 2009, the changes in its
financial position, and its cash flows for the years then ended, in conformity with accounting principles
generally accepted in the United States of America.
The Endowment Fund is a fund group that accounts for all of the System’s endowment assets pooled
together to ensure better management and uniform accountability for those assets. The Endowment Fund
provides financial support for the System’s students and the System’s research endeavors. The Endowment
Fund presently comprises approximately 1,320 restricted and unrestricted endowment funds located in the
System’s four universities and two multi-institution teaching centers. Restricted endowment funds are
funds with respect to which a donor or other outside entity has stipulated that the principal be maintained
inviolate and in perpetuity, and that only the income from the investments is available for expenditure.
Unrestricted endowment funds consist of funds for which the donor did not impose any restriction as to
their use, as well as funds that are designated by the System’s Board of Regents, rather than the donor, to
function as endowment funds. The principal of these funds may be expended at the discretion of the
System’s Board of Regents.
(2)
Summary of Significant Accounting Policies
(a)
General
All financial accounting records of the Endowment Fund are maintained by the System’s Office of
the Associate Vice Chancellor for Finance in accordance with accounting principles generally
accepted in the United States of America for colleges and universities.
(b)
Reporting Guidelines
The System applies all applicable Governmental Accounting Standards Board
(GASB) pronouncements and all applicable Financial Accounting Standards Board (FASB)
statements and interpretations issued on or before November 30, 1989, unless they conflict with or
contradict GASB pronouncements. The Endowment Fund has elected not to apply FASB guidance
issued subsequent to November 30, 1989, unless specifically adopted by the GASB. The Endowment
Fund is reported as a single-purpose business-type activity entity.
(c)
Basis of Accounting
The financial statements of the Endowment Fund have been prepared using the economic resources
measurement focus and accrual basis of accounting whereby all revenues are recorded when earned
and all expenses are recorded when they are incurred.
14
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Notes to Basic Financial Statements
August 31, 2010 and 2009
(d)
Cash and Cash Equivalents
The Endowment Fund believes the carrying value of cash and temporary investments approximates
fair value. The Endowment Fund considers investments purchased with a maturity of three months or
less from the purchase date to be cash equivalents.
(e)
Investments
In accordance with GASB Statement No. 31, Accounting and Financial Reporting for Certain
Investments and for External Investment Pools, investments are recorded at fair value. Fair value is
based on published closing market prices on the last trading day of the fiscal year. In the case of
pooled funds or mutual funds, the fair value is determined as the number of units held in the fund
multiplied by the price per unit share as publicly quoted. Investments in which a public market does
not exist are based on the Endowment Fund’s ownership interest in the net asset value of each fund
as reported by the fund managers. When fund managers do not provide the net asset value of each
fund at fiscal year-end, the fair value is estimated by the System using the most recent statement and
adding contributions and subtracting the distributions during the intervening period. In accordance
with GASB Statement No. 52, Land and Other Real Estate Held as Investments by Endowments,
land and other real estate held as investments are recorded at fair value. Chapter 163 of the Texas
Property Code (also cited as the Uniform Prudent Management of Institutional Funds Act) grants the
System the authority to spend net appreciation.
Because of inherent uncertainties of valuations, management’s and fund managers’ estimates of fair
value may differ from the values that would have been used had a ready market existed.
Investments received as gifts are initially recorded at estimated fair value based on appraised values
or broker closing prices for stocks at the date of the gift.
Short-term investments comprise U.S. government obligations and corporate obligations with a
maturity date of less than one year as of the statement of net assets date.
(f)
New Accounting Pronouncement
In June 2008, the GASB issued Statement No. 53, Accounting and Financial Reporting for
Derivative Instruments. The accounting and financial reporting guidance contained within the
statement is intended to provide clarity and enhance the usefulness and comparability of derivative
instrument information when governmental entities choose to use derivative instruments to manage
specific financial risks or to make investments. The standard provides a comprehensive framework
in the measurement, recognition, and disclosure of derivative instrument type transactions. The
requirements of GASB No. 53 are effective for financial statement for periods beginning after
June 15, 2009, but an early application is permitted. The Endowment Fund has implemented
GASB No. 53 for fiscal year 2010. The implementation did not have a material impact on the
Endowment Fund’s financial statements.
15
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Notes to Basic Financial Statements
August 31, 2010 and 2009
(g)
Net Assets
The Endowment Fund’s net assets are classified as follows:
Restricted for nonexpendable endowments: Net assets for restricted nonexpendable
endowment funds are maintained permanently by the System following the externally imposed
stipulations.
Restricted for expendable endowments: Net assets for restricted expendable endowment funds
are those that may be expended for either a stated purpose or for a general purpose subject to
externally imposed stipulations.
Unrestricted: Net assets for unrestricted endowment funds are donated by third parties or
created internally by the System and represent resources that are available to the System.
When both restricted and unrestricted resources are available for use, it is the Endowment Fund’s
policy to use restricted resources first, then unrestricted resources as they are needed.
(h)
Revenue Recognition
Contributions to the Endowment Fund and transfers-in from other funds such as distribution payouts
returned by beneficiaries for reinvestment are recognized as additions to the Endowment Fund’s
assets. Dividend income is recorded as income on the date the stock traded ex-dividend. Interest is
recognized on fixed income investments on the accrual basis.
The net change in fair value of investments represents both realized and unrealized gains and losses
on investments. The calculation of realized gains and losses is independent of the calculation of the
net change in the fair value of investments. Realized gain or loss is computed as the difference
between the cost of marketable securities sold and the sale price. The cost of marketable securities
sold is determined on specific identification of investments sold. Realized gain is recorded as of the
trade date regardless of when the transaction is settled. Unrealized gains or losses are calculated
based on the changes in investment fair value between the beginning and end of the fiscal year for
investments held since the beginning of the year, or as the difference between the fair value at end of
year and the purchase cost for investments purchased during the year. Unrealized gains (losses) are
determined and recorded as of the fiscal year-end.
The Endowment Fund does not currently earn operating revenues or incur operating expenses.
(i)
Distribution Payout
Effective September 1, 1995, the System’s Board of Regents adopted an endowment payout policy
whereby the payout rate is based on a percentage of the fiscal year end net assets averaged over
rolling three-year periods. For the fiscal years 2010 and 2009, the payout rate was 4% applied to the
endowments’ average net asset balances for the preceding three fiscal years. If an endowment was in
existence for less than three years, the average was based on the number of years the endowment was
in existence. Effective May 1, 2009, no endowment receives a pro rata income distribution from
current fiscal year contributions. If an endowment were in existence less than three years, the
16
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Notes to Basic Financial Statements
August 31, 2010 and 2009
average is based on the number of years in existence. The Endowment Fund did not make a payout
from any endowment that had a net loss from inception to date. The payout is calculated and
recorded at the end of each fiscal year. Actual endowment return earned in excess of distributions is
reinvested. For years actual endowment return is less than the distribution payout, the shortfall is
covered by realized returns from prior years.
(j)
Institutional Advancement Assessment
The System’s Board of Regents has adopted a policy whereby an assessment is made against the
earnings of various endowment funds to offset expenses associated with gift acquisition and
fund-raising at the System’s component universities and multi-institution teaching centers. The
policy allows for 1.5% to be assessed on the average of the preceding three years’ net asset balances
of all endowments except those exempt on the basis of donor-imposed restrictions or recommended
by University Advancement, a division of the System, which is responsible for fund-raising, internal
and external communications, and marketing. The assessment is made at the end of each fiscal year
to make funds available for the System’s institutional advancement activities in the following fiscal
year. The total amount assessed for the years ended August 31, 2010 and 2009 was $3,495,757 and
$3,802,152, respectively, which is reflected as a reduction to investment returns.
(k)
Estimates
The preparation of financial statements in conformity with accounting principles generally accepted
in the United States of America requires management to make estimates and assumptions that affect
the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the
date of the financial statements, and the reported amounts of revenues and expenses during the
reporting period. Actual results could differ from those estimates.
(3)
Authorized Investments
The System’s Board of Regents is charged with the fiduciary responsibility for preserving and augmenting
the value of the Endowment Fund. The System retains the services of a custodial financial institution under
a master trust custodian agreement, as well as the services of independent investment managers each of
whom plays a part in meeting the System’s goals over a variety of capital market cycles. The System’s
Board of Regents has adopted a written investment policy, including investment manager guidelines for
each of the separately invested accounts of the Endowment Fund, regarding the investment of endowment
assets as defined in the System’s Investment Policies (Policies). The primary long-term financial objective
for the Endowment Fund is to preserve the real (inflation adjusted) purchasing power of endowment assets
when measured over rolling periods of at least five years. The medium-term objective is to outperform
each of the capital markets in which the endowment assets are invested, measured over rolling periods of
three to five years or complete market cycles, with emphasis on whichever measure is longer.
(4)
Derivatives
Derivatives are investment products that may be a security or contract that derives its value from another
security, currency, commodity, or index, regardless of the source of funds used. The Endowment Fund did
not directly invest in derivatives and held no direct derivative instruments at August 31, 2010 or
August 31, 2009.
17
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Notes to Basic Financial Statements
August 31, 2010 and 2009
(5)
Cash and Investments
(a)
Composition of Cash and Cash Equivalents
Cash and cash equivalents consist of money market funds and securities maturing within three
months totaling $40,062,390 and $42,424,648 at August 31, 2010 and 2009, respectively. The
money market funds are invested in commercial paper, certificates of deposit, repurchase
agreements, corporate notes, time deposits, and similar short-term investments considered generally
acceptable and prudent for money market funds.
Cash and cash equivalents included in the statements of net assets consist of the items reported
below:
Money market premier shares
Prime short-term investment funds
Securities maturing within three months
Total cash and cash equivalents
18
2010
2009
$
11,415,848
26,906,745
1,739,797
8,320,553
32,309,307
1,794,788
$
40,062,390
42,424,648
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Notes to Basic Financial Statements
August 31, 2010 and 2009
(b)
Reconciliation of Cash and Investments to Statements of Net Assets
Total cash and investments at August 31, 2010 and 2009 are as follows:
Type of security
Money market premier shares
Prime short-term investment funds
Cash equivalents – securities due within 3 months
Global fixed income
U.S. government obligations
U.S. government agencies
U.S. fixed income (nongovernment/agency)
U.S. equities
Global equities ex-U.S.
Hedged equity funds
Inflation hedge funds (including REITs)
Absolute return funds
Private equity/venture capital partnerships
Real estate
$
Total investments
Less:
Cash equivalents
Short-term investments
Total noncurrent investments
19
$
Market value
August 31,
2010
Market value
August 31,
2009
11,415,848
26,906,745
1,739,797
22,701,139
22,794,248
12,085,153
12,089,168
85,432,273
95,377,421
69,125,070
44,127,934
43,962,380
12,749,855
4,038,292
8,320,553
32,309,307
1,794,788
20,958,604
20,471,961
12,345,798
10,946,782
102,427,998
86,216,196
46,418,145
43,533,757
40,680,935
6,916,622
4,038,292
464,545,323
437,379,738
(40,062,390)
(6,403,925)
(42,424,648)
(5,345,748)
418,079,008
389,609,342
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Notes to Basic Financial Statements
August 31, 2010 and 2009
(c)
Investment Maturities
As of August 31, 2010, the Endowment Fund had the following investments and weighted average
maturities:
2010
Investment type
U.S. government obligations
U.S. government agencies
U.S. fixed income
(nongovernment/agency)
(including short-term
investments)
Equity, mutual funds, and
other investments
Total investments
at fair value
Fair value
$
22,794,248 12,085,153 4 20 12,089,168 371,110,439 Fair value
$
Weighted
average
maturity
(years)
20,471,961 12,345,798 3 23 14 10,946,782 11 Untenured
345,844,801 Untenured
$ 418,079,008 Weighted average maturity of
tenured portfolio (in years)
(d)
2009
Weighted
average
maturity
(years)
$ 389,609,342 11 10 Asset Selection and Allocation
The Endowment Fund’s Statement of Investment Objectives and Policies governs the overall
allocation of endowment funds to asset classes and considerations of limits to investment risk
exposures. Allocation of funds to asset classes is based on expected returns, risk levels, desired risk
diversification, interaction of various asset classes, and income generation and capital appreciation
potentials of each asset class. The market value of investments in each asset class is maintained
within an approved range of ratios to the market value of the Endowment Fund’s total investments,
except for minor deviations due to fluctuations in market value. The Endowment Management
Committee monitors asset allocation targets and limits and may authorize the reallocation of funds
among investment managers.
The Endowment Fund currently invests in a broad array of asset classes in order to diversify the
portfolio’s risk. Readily marketable securities, such as domestic or international common stocks,
domestic bonds, and cash equivalents comprise 62% of the overall investment portfolio (portfolio) at
the end of fiscal year 2010. Marketable alternative investments (i.e., inflation hedges, absolute return
and hedged equity) represent 35% of the portfolio, and nonmarketable alternative investments (i.e.,
venture capital and private equity) constitute 3% of the portfolio on a funded basis. The Endowment
Fund’s overall investment risk is diversified by asset class and within each class by strategy,
economic sector, geography, industry, market capitalization, manager, and with regard to
20
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Notes to Basic Financial Statements
August 31, 2010 and 2009
nonmarketable alternatives, by vintage year as well. Such diversification is aimed at limiting the
risks specifically associated with any single strategy, economic sector, geographic area, industry, or
manager.
(e)
Investment-Related Risks
Custodial Credit Risk – Custodial credit risk for deposits is the risk that, in the event of failure of a
depository financial institution, the Endowment Fund will not be able to recover its deposits.
Custodial credit risk for investments is the risk that, in the event of the failure of the courterparty to a
transaction, the Endowment Fund will not be able to recover the value of its investment or collateral
securities that may be in the possession of another party. Securities owned by the endowment but
held in custody by the endowment custodian may be lent to other parties through a contract between
the System and the custodian pursuant to a written agreement approved by the Board of Regents. As
of August 31, 2010 and 2009, the System did not have a securities lending agreement with its
custodian. Managers may not enter into securities lending agreements without the consent of the
Board of Regents. The System recognizes, however, that, for those investments placed in
commingled vehicles, the Board cannot dictate whether or not the manager will engage in securities
lending. Therefore, System and its investment consultant make every effort either to avoid
commingled investments, or to otherwise limit investment to those managers who will not engage in
securities lending. The limited partnerships of marketable and nonmarketable alternative investments
are excluded from this limitation. At August 31, 2010 and 2009, Endowment Fund’s total
investments at fair value under a master trust custodian agreement with a third-party financial
institution was approximately $138,245,933 and $115,184,030, respectively. The third-party
custodian operates its business world-wide and, at August 31, 2010 and 2009, held risk insurance
contracts with various local and foreign insurance organizations providing coverage for loss due to
theft, fraud, and damage to securities while in the custodian’s custody; loss of securities while in
transit; property damage; and, loss due to business interruption, acts of terrorism, officer negligence,
and general liability. The insurance coverage limits ranged from $1,000,000 to $500,000,000. The
coverage did not protect against market risks and fluctuations associated with market investments.
At August 31, 2010 and 2009, Endowment Fund’s investments at fair value not covered by the
master trust custodian agreement were approximately $319,507,811 and 315,031,562, respectively.
These investments, excluding real estate valued at $4,038,292 at August 31, 2010 and 2009, were
under various custodian agreements between the investment managers and the investment funds or
limited partnerships in which the Endowment Fund is invested. The investments are subject to
custodial risks associated with those independent investment managers, and to market risks and
fluctuations associated with market investments. The System controls these risks through its credit
and concentration risk policies as described in the credit risk and concentration of credit risk
paragraph below.
Interest Rate Risk – Interest rate risk is the risk that changes in market interest rates will adversely
affect the value of an investment. Generally, the longer the maturity of an investment, the greater the
sensitivity of its value to changes in market interest rates. The System’s investment policy, by way of
the investment manager guidelines, requires the weighted average duration of the portfolio should
remain in a range of a minimum of 90% and a maximum of 110% of the BC Aggregate Bond Index
21
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Notes to Basic Financial Statements
August 31, 2010 and 2009
for active fixed income managers. The System’s investment policy is driven primarily by the goal to
preserve the long-term real (inflation adjusted) purchasing power of endowment assets while
achieving short-term maximum earnings. In order to balance these two primary goals, the Board of
Regents is closely involved in managing the exposure to declines in investment fair value and
earnings.
Credit Risk and Concentration of Credit Risk – Credit risk is the risk that an issuer of an investment
will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a
rating by a nationally recognized statistical rating organization (NRSRO). Per GASB Statement
No. 40, Deposit and Investment Risk Disclosures – an amendment of GASB Statement No. 3, unless
there is information to the contrary, obligations of the U.S. government or obligations explicitly
guaranteed by the U.S. government are not considered to have credit risk and do not require
disclosure of credit quality. In accordance with the System’s investment policy and manager
guidelines, investments in securities within the fixed income allocation of the portfolio must have an
average portfolio credit quality of “AA” or better. Securities should be readily marketable and liquid.
The use of options, futures, and other derivatives (excepting mortgage-backed securities) is
prohibited within the domestic fixed income allocation without prior approval by the Endowment
Management Committee. The use of leverage is prohibited. The investment manager guidelines limit
the amount each active manager may invest in any one issuer. Other than U.S. government securities
(including agency securities), no security may be purchased so that it will constitute more than 5% of
the market value of the portfolio; however, obligations issued or guaranteed by the full faith and
credit of the U.S. government may be held without limitation. The System’s endowment funds also
include an allocation to alternative investments, which, by their nature, include higher levels of risk,
including credit and concentration of credit risk, with the expectation of higher returns relative to
traditional equities and fixed income securities. The investment policy does not specify limits as to
credit quality or concentration for alternatives as these investments may include highly concentrated
positions and may include investing in companies that are either privately held or in financial
distress.
The credit quality (ratings) of tenured securities and concentration of credit exposure as a percentage
of total investments as of August 31, 2010 are as follows:
Issuer
Coupon rate
Maturity date
S&P
risk rating
Aep Texas Central Transit A A2
American Express Co
American Express Cr 08-1 Cl A
Axa Sa US$Sub Nt
Banc of America Commercial 5 A4
Banc One Corp Debs
Bank of America Corp
Bear Stearns Commercial Pw12 A4
Bear Stearns Commercial Pw13 A4
Bear Stearns Commercial Top6 A2
4.98%
7.25
VAR RT
8.60
5.41
8.00
5.63
VAR RT
5.54
6.46
07/01/2015
05/20/2014
08/15/2013
12/15/2030
09/10/2016
04/29/2027
07/01/2020
09/11/2038
09/11/2041
10/15/2036
AAA
BBB+
AAA
BBB+
AAA
A
A
AAA
AAA
AAA
22
Fair value
$
233,298 139,571 380,551 190,676 158,780 262,250 103,022 319,473 383,005 198,623 Concentration
of credit
exposure
0.05%
0.03
0.08
0.04
0.03
0.06
0.02
0.07
0.08
0.04
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Notes to Basic Financial Statements
August 31, 2010 and 2009
Issuer
Coupon rate
Maturity date
Bear Stearns Commercial T28 A4
CA Inc
Centerpoint Energy Transit A A2
Chait 2009-A3 A3
Citigroup Inc
Cliffs Natural Resources
Commit To Pur Fnma Sf Mtg
Commit To Pur Fnma Sf Mtg
Commit To Pur Fnma Sf Mtg
Commit To Pur Fnma Sf Mtg
Commit To Pur Fnma Sf Mtg
Commit To Pur Fnma Sf Mtg
Commit To Pur Gnma I Sf Mtg
Commit To Pur Gnma Sf Mtg
Commit To Pur Gnma Sf Mtg
Cvs Caremark Corp
DirecTV Holdings/Fing
Discovery Communications
Dow Chemical Co
Federal Home Ln Mtg Corp
Federal Home Ln Mtg Corp
Federal Home Ln Mtg Corp
Federal Natl Mtg Assn
Federal Natl Mtg Assn
Federal Natl Mtg Assn Disc
FHLMC Pool #G1-1630
FHLMC Pool #G1-8024
FNMA Pool #0254663
FNMA Pool #0254801
FNMA Pool #0254972
FNMA Pool #0255319
FNMA Pool #0725866
FNMA Pool #0729175
FNMA Pool #0809800
FNMA Gtd Remic P/T
FNMA Gtd Remic P/T 04-36 Eb
Franklin Resources Inc
GE Capital Commercial Mo C1 A4
GE Capital Credit Card Mas 2 A
General Elec Cap Corp
General Electric Capital Corp
5.74%
5.38
4.97
5.00
5.00
5.90
5.00
5.00
5.50
6.50
5.50
6.00
5.50
5.00
6.00
3.25
3.13
3.70
5.90
5.13
5.13
2.50
7.25
5.00
—
3.50
4.00
5.00
6.00
6.00
5.00
4.50
VAR RT
5.50
4.49
4.00
3.13
VAR RT
3.69
5.50
5.88
09/11/2042
12/01/2019
08/01/2014
06/17/2013
09/15/2014
03/15/2020
09/01/2040
09/01/2025
09/01/2040
09/01/2040
09/01/2025
09/01/2040
09/15/2040
09/15/2040
09/15/2040
05/18/2015
02/15/2016
06/01/2015
02/15/2015
04/18/2011
11/17/2017
01/07/2014
05/15/2030
02/13/2017
02/22/2011
06/01/2019
09/01/2019
02/01/2013
07/01/2023
10/01/2023
08/01/2019
09/01/2034
06/01/2034
03/01/2035
11/25/2012
03/25/2018
05/20/2015
03/10/2044
07/15/2015
01/08/2020
01/14/2038
GNMA Pool #0511631
9.00
08/15/2030
GNMA Pool #0591705
7.50
10/15/2032
11.00
6.00
09/15/2015
06/15/2020
GNMA Pool #0781384
Goldman Sachs Group Inc
23
S&P
risk rating
AAA
$
BBB
AAA
AAA
ABBBAGN
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AGN
BBB+
BBBBBBBBBAAA
AAA
AAA
AAA
AAA
AAA
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AAAAA
AAA
AA+
AA+
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
A
Fair value
400,580 218,158 234,655 344,950 267,153 43,718 1,311,422 37,220 1,603,830 468,094 478,655 1,598,692 616,848 687,699 282,994 208,520 259,145 231,433 254,658 154,547 237,562 314,277 309,028 410,267 1,617,354 136,866 192,155 102,968 67,876 33,995 207,873 392,267 82,504 432,495 225,429 63,025 241,684 497,902 157,274 175,102 226,213 Concentration
of credit
exposure
0.09%
0.05
0.05
0.07
0.06
0.01
0.28
0.01
0.35
0.10
0.10
0.34
0.13
0.15
0.06
0.04
0.06
0.05
0.05
0.03
0.05
0.07
0.07
0.09
0.35
0.03
0.04
0.02
0.01
0.01
0.04
0.08
0.02
0.09
0.05
0.01
0.05
0.11
0.03
0.04
0.05
14,253 —
1,973 —
2,986 107,722 —
0.02
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Notes to Basic Financial Statements
August 31, 2010 and 2009
Issuer
Coupon rate
Maturity date
Goldman Sachs Group Inc
Home Depot Inc Sr Nt
Ingersoll-Rand Global Hldg Co
Intl Paper Co
Jefferies Group Inc
KLA-Tencor Corp Sr Nt
Kraft Foods Inc
Merrill Lynch & Co Inc Medium
Merrill Lynch/Countrywide 9 A4
Metlife Inc
Morgan Stanley
Morgan Stanley Capital Hq8 A4
Morgan Stanley Capital T13 A4
Nasdaq Omx Group
Omnicare Inc
Omnicom Group Inc
PG&E Energy Recovery Fund 2 A2
Private Expt Fdg Corp Ser U
Prudential Financial Inc
Republic Services Inc
Rio Tinto Finance Usa Ltd
Southern Copper Corp
TD Ameritrade Holding Co
Time Warner Inc
3.70%
5.25
6.00
7.50
6.88
6.90
6.50
6.88
5.70
4.75
5.63
VAR RT
4.66
4.00
3.25
4.45
5.03
4.95
5.38
5.25
5.88
6.75
4.15
3.15
08/01/2015
12/16/2013
08/15/2013
08/15/2021
04/15/2021
05/01/2018
02/09/2040
04/25/2018
09/12/2049
02/08/2021
09/23/2019
03/12/2044
09/13/2045
01/15/2015
12/15/2035
08/15/2020
03/25/2014
11/15/2015
06/21/2020
11/15/2021
07/15/2013
04/16/2040
12/01/2014
07/15/2015
U.S. Treas Strip Int Pmt
—
11/15/2027
U.S. Treasury Bond
5.38
02/15/2031
U.S. Treasury Bond
4.38
02/15/2038
U.S. Treasury Note
4.25
01/15/2011
U.S. Treasury Note
4.88
07/31/2011
U.S. Treasury Note
4.63
07/31/2012
U.S. Treasury Note
2.88
01/31/2013
U.S. Treasury Note
3.38
07/31/2013
U.S. Treasury Note
1.75
01/31/2014
U.S. Treasury Note
1.13
01/15/2012
U.S. Treasury Note
2.63
07/31/2014
U.S. Treasury Note
3.63
02/15/2020
24
S&P
risk rating
A
$
BBB+
BBB+
BBB
BBB
BBB
BBBA
A+
AA
AAA
AAA
BBB
B+
BBB+
AAA
AA+
A
BBB
BBB+
BBBBBB+
BBB
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
Fair value
Concentration
of credit
exposure
121,481 255,581 256,947 250,320 191,165 241,853 403,325 121,056 280,363 209,122 254,415 293,819 103,993 248,642 208,125 246,007 123,214 173,532 280,020 266,650 256,018 281,029 253,116 61,661 0.03%
0.06
0.06
0.05
0.04
0.05
0.09
0.03
0.06
0.05
0.05
0.06
0.02
0.05
0.04
0.05
0.03
0.04
0.06
0.06
0.06
0.06
0.05
0.01
198,169 0.04
478,778 0.10
347,157 0.07
2,314,109 0.50
2,317,916 0.50
2,376,264 0.51
2,456,874 0.53
2,418,558 0.52
3,499,963 0.75
2,459,740 0.53
2,549,064 0.55
803,402 0.17
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Notes to Basic Financial Statements
August 31, 2010 and 2009
Issuer
U.S. Treas-Cpi Inflat
Waste Mgmt Inc Del Sr Nt
Wells Fargo & Company
Xerox Corporation
Coupon rate
1.63%
6.38
3.75
5.63
Maturity date
01/15/2015
11/15/2012
10/01/2014
12/15/2019
S&P
risk rating
Fair value
Exempt from
disclosure $
BBB
AABBB-
574,256 109,975 126,473 233,153 Concentration
of credit
exposure
0.12%
0.02
0.03
0.05
The credit quality (ratings) of tenured securities and concentration of credit exposure as a percentage
of total investments as of August 31, 2009 are as follows:
Issuer
AEP Tex Cent Trans 06-A Cl A2
American Express Co
American Express Cr 08-1 Cl A (1)
Ameriprise Financial Inc
AT & T Inc Global Nt
AT & T Wireless Svcs Inc Sr Nt
Axa SA US$Sub Nt
Banc One Corp Debs
Bank of America Corp
Bear Stearns Coml 01-Top4 A3
Bear Stearns Cos Inc Sr Nt
BP Capital Markets Plc
Burlington Nothn Santa Fe Corp
Centerpoint Energy Tran Aa2
Chait 2009-A3 A3
Cisco Sys Inc Sr Nt
Citigroup Inc Global Nt
Clorox Co Sr Nt
Commit To Pur FNMA Sf Mtg
Commit To Pur FNMA Sf Mtg
Commit To Pur FNMA Sf Mtg
Commit To Pur FNMA Sf Mtg
Commit To Pur FNMA Sf Mtg
Commit To Pur FNMA Sf Mtg
Commit To Pur GNMA Sf Mtg
Commit To Pur GNMA Sf Mtg
Commit To Pur GNMA Sf Mtg
Commonwealth Edison Co 1St Mtg
Conocophillips Cda Fdg Co I Nt
Credit Suisse Fb Usa Inc Sr Nt
CVS Caremark Corp Sr Nt
Dow Chemical Co
Dow Chemical Company
Coupon rate
4.98%
7.25
0.72
7.30
4.95
8.75
8.60
8.00
7.62
5.61
6.40
1.55
5.75
4.97
2.40
4.95
5.30
5.95
5.00
5.00
5.50
6.50
5.50
6.00
5.00
5.50
6.00
5.80
5.62
6.12
6.60
4.85
7.60
25
Maturity date
S&P
risk rating
07/01/2013
05/20/2014
08/15/2013
06/28/2019
01/15/2013
03/01/2031
12/15/2030
04/29/2027
06/01/2019
11/15/2033
10/02/2017
08/11/2011
03/15/2018
08/01/2014
06/17/2013
02/15/2019
10/17/2012
10/15/2017
09/01/2039
09/01/2024
09/01/2039
09/01/2039
09/01/2024
09/01/2039
09/15/2039
09/15/2039
09/15/2039
03/15/2018
10/15/2016
11/15/2011
03/15/2019
08/15/2012
05/15/2014
AAA
BBB+
AAA
A
A
A
AA
A
AAA
A+
AA
BBB
AAA
AAA
A+
A
BBB+
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AA
A+
BBB+
BBBBBB-
Fair value
$
159,599 132,059 378,864 154,392 256,541 225,949 250,000 235,574 220,202 284,911 206,180 160,288 117,961 365,674 344,311 250,488 202,040 249,200 1,267,419 448,142 2,331,706 459,833 862,796 1,562,502 159,504 240,207 274,056 139,945 232,864 236,394 181,168 61,276 183,568 Concentration
of credit
exposure
0.04%
0.03
0.09
0.04
0.06
0.05
0.06
0.05
0.05
0.07
0.05
0.04
0.03
0.08
0.08
0.06
0.05
0.06
0.29
0.10
0.54
0.11
0.20
0.36
0.04
0.06
0.06
0.03
0.05
0.05
0.04
0.01
0.04
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Notes to Basic Financial Statements
August 31, 2010 and 2009
Issuer
Coupon rate
Maturity date
Federal Home Ln Mtg Corp Ref
Federal Home Ln Mtg Corp Ref
Federal Home Ln Mtg Corp Refer
Federal Natl Mtg Assn Debs
Federal Natl Mtg Assn Debs
FHLMC Pool #G1-1630
FHLMC Pool #G1-8024
FNMA Pool #0254663
FNMA Pool #0254801
FNMA Pool #0254972
FNMA Pool #0255319
FNMA Pool #0725866
FNMA Pool #0729175
FNMA Pool #0809800
FNMA Gtd Remic P/T
FNMA Gtd Remic P/T 04-36 Eb
FNMA Gtd Remic P/T 05-51 Kc
GE Cap Cr Card Mstr 06-1 Cl A
GE Coml Mtg Corp 2006-1 Cl A4
Gemnt 2009-2 A
General Elec Cap Corp #Tr00806
General Mls Inc Nt
5.12%
3.75
2.50
7.25
5.00
3.50
4.00
5.00
6.00
6.00
5.00
4.50
2.93
5.50
4.49
4.00
4.50
5.08
5.51
3.69
5.87
5.25
11/17/2017
03/27/2019
01/07/2014
05/15/2030
02/13/2017
06/01/2019
09/01/2019
02/01/2013
07/01/2023
10/01/2023
08/01/2019
09/01/2034
06/01/2034
03/01/2035
11/25/2012
03/25/2018
01/25/2025
09/15/2012
03/10/2044
07/15/2015
01/14/2038
08/15/2013
GNMA Pool #0511631
9.00
08/15/2030
GNMA Pool #0591705
7.50
10/15/2032
11.00
6.00
7.50
6.00
7.50
5.40
6.90
4.62
4.99
4.25
6.87
6.75
6.00
4.66
5.55
5.65
5.03
4.95
5.15
5.87
7.50
09/15/2015
09/16/2030
02/15/2019
08/15/2013
08/15/2021
05/15/2041
05/01/2018
03/11/2013
11/15/2030
07/15/2027
04/25/2018
06/01/2016
05/13/2014
09/13/2045
03/12/2044
08/15/2020
03/25/2014
11/15/2015
01/15/2013
07/15/2013
04/01/2014
GNMA Pool #0781384
GNMA Gtd Remic P/T 2002-48 Oc
Goldman Sachs Group Inc Mtn
Ingersoll-Rand Global Hldg Co
Intl Paper Co
JP Morgan Chase Coml 04-C2 A3
Kla-Tencor Corp Sr Nt
Koninklijke Philips Electrs N
LB Ubs Coml Mtg 2005-C7 Cl A1
LB Ubs Coml Mtg Tr 03-C5 A-3
Merrill Lynch & Co Inc Medium
Metlife Inc
Morgan Stanley
Morgan Stanley Cap 04-Top13 A4
Morgan Stanley Cap I 06-Hq8 A4
News America Inc
PG&E Energy Recovery 05-2 A2
Private Expt Fdg Corp Ser U
Prudential Finl Inc Mtn 00029
Rio Tinto Fin Usa Ltd Gtd Nt
Time Warner Cable Inc Nt
26
S&P
risk rating
AGN
$
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AGN
AAA
AAA
AAA
AA+
BBB+
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
AGN
A
BBB+
BBB
AAA
BBB
AAAA
AAA
A
AA
AAA
AAA
BBB+
AAA
AA+
A
BBB+
BBB
Fair value
Concentration
of credit
exposure
549,775 247,865 100,167 281,217 164,649 111,947 234,141 181,300 75,068 42,380 275,264 327,384 93,709 512,917 218,755 89,994 72,170 344,217 436,063 151,206 133,155 217,378 0.13%
0.06
0.02
0.07
0.04
0.03
0.05
0.04
0.02
0.01
0.06
0.08
0.02
0.12
0.05
0.02
0.02
0.08
0.10
0.04
0.03
0.05
14,187 —
2,708 —
5,578 714,456 149,972 244,272 121,595 172,386 153,411 248,148 104,323 397,202 40,843 153,145 106,039 95,490 243,824 164,608 194,830 163,618 120,913 244,364 80,343 —
0.17
0.03
0.06
0.03
0.04
0.04
0.06
0.02
0.09
0.01
0.04
0.02
0.02
0.06
0.04
0.05
0.04
0.03
0.06
0.02
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Notes to Basic Financial Statements
August 31, 2010 and 2009
Issuer
U.S. Treas Strip Int Pmt
Coupon rate
—%
Maturity date
11/15/2027
U.S. Treasury Bond
4.37
02/15/2038
U.S. Treasury Note
4.25
01/15/2011
U.S. Treasury Note
4.87
07/31/2011
U.S. Treasury Note
4.62
07/31/2012
U.S. Treasury Note
2.12
01/31/2010
U.S. Treasury Note
2.87
01/31/2013
U.S. Treasury Note
2.75
07/31/2010
U.S. Treasury Note
3.37
07/31/2013
U.S. Treasury Note
1.12
01/15/2012
U.S. Treas-Cpi Inflat
USAA Auto Owner Tr 05-3 Cl A4
Valero Energy Corp Nt
Verizon Communications Inc Nt
Viacom Inc
Virginia Elec & Pwr Co Sr Nt
Wellpoint Inc Nt
Wells Fargo & Co New Sr Nt
Xerox Corp Sr Nt
1.62
4.63
6.62
6.40
4.37
5.95
6.00
5.25
5.50
01/15/2015
05/15/2012
06/15/2037
02/15/2038
09/15/2014
09/15/2017
02/15/2014
10/23/2012
05/15/2012
(1)
S&P
risk rating
Exempt from
disclosure $
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
Exempt from
disclosure
AAA
BBB
A
BBB
AAAABBB
Fair value
Concentration
of credit
exposure
341,058 0.08%
268,247 0.06
2,392,723 0.56
2,392,309 0.56
2,401,784 0.56
2,469,808 0.57
2,420,186 0.56
2,451,936 0.57
2,367,586 0.55
2,430,240 0.56
536,085 228,322 95,612 227,012 120,186 109,817 171,173 127,495 156,374 0.12
0.05
0.02
0.05
0.03
0.03
0.04
0.03
0.04
The American Express Cr 08-1 C1 A is a variable rate security whose coupon rate resets
monthly. So, the rate understandably stands out compared to other securities whose rate is
locked in longer-term and therefore is much higher.
At August 31, 2010 and 2009, the Endowment Fund held no unrated fixed income marketable
securities.
(f)
Alternative Investments
Investments reported at fair value of approximately $239,537,837 and $219,076,796, as of
August 31, 2010 and 2009, respectively, are not publicly traded, and have been estimated by
management and fund managers in the absence of readily available market values. These funds are
invested with external investment managers, generally in commingled funds, limited liability
partnerships or corporations in which the System has an interest, who invest, for example, in hedge
funds, real estate, natural resources, private equity, managed futures, and distressed opportunities.
27
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Notes to Basic Financial Statements
August 31, 2010 and 2009
These investments are domestic and international in nature and some of the investments may not be
realized for a period of several years after the investments are made. Risks associated with these
investments include liquidity risk, market risk, event risk, foreign exchange risk, interest rate risk,
and investment manager risk. More specifically, the risks include the following:
Nonregulation Risk – Historically, these funds have not been required to register with the Securities
and Exchange Commission (SEC) and therefore have not been subject to regulatory control. With the
passage of the Dodd-Frank Act of 2010, almost all alternative investment managers will be required
to register with the SEC under the Investment Advisers Act of 1940. As of the August 31, 2010, the
Endowment Fund has no specific policy statement with respect to nonregulation risk. The policy
does contain limitations on the percentage that can be allocated to alternative investments.
Managerial Risk – Fund managers for nonpublicly traded investments may fail to produce the
intended returns and are not subject to oversight. However, the fund managers are subject to
oversight by the Endowment Fund. The Endowment Fund has no specific policy statement with
respect to managerial risk for alternative investments. However, the Endowment Fund diversifies
across managers to mitigate systematic and organizational risk without creating overdiversification.
The Endowment Fund further attempts to mitigate managerial risk by emphasizing the qualitative
evolution of managers, discouraging the use of significant leverage, emphasizing managers with a
demonstrated skill in generating returns.
Liquidity Risk – Many of the endowment’s investment funds impose restrictions on redemptions or
require multi-year lock-up periods that restrict investors from redeeming their shares or may impose
penalties to redeem. The Endowment Fund has no specific policy statement with respect to liquidity
risk. The policy does contain limitations on the percentage that can be allocated to alternative
investments.
Limited Transparency – As unregistered investment vehicles, these funds are not required to disclose
the holdings in their portfolios to investors. This risk will be mitigated somewhat by the Dodd-Frank
Act of 2010 and the increased transparency provided by the requirement to file Form ADV with the
SEC. The Endowment Fund has no specific policy statement with respect to transparency risk.
Investment Strategy Risk – Alternative investments often employ sophisticated and more risky
investment strategies, as compared to traditional investments, and one or more may use leverage,
which could result in volatile returns. To mitigate this risk, emphasis is placed on those managers
who have extensive experience in employing these strategies, a demonstrated ability to consistently
employ them effectively, and an established track record of superior performance. The Endowment
Fund has no specific policy statement with respect to investment strategy risk. The policy does
contain limitations on the percentage that can be allocated to alternative investments.
28
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Notes to Basic Financial Statements
August 31, 2010 and 2009
Foreign Currency Risk – Foreign currency risk is the risk that changes in exchange rates will
adversely affect the fair value of the Endowment Fund’s non-U.S. dollar investments. Investment
managers may hedge some, all, or none of their foreign currency risk. The Endowment Fund has no
specific policy statement with respect to foreign currency risk. Other than the following currencies,
non-U.S. dollar-denominated international equity and fixed income investments were unhedged as of
August 31, 2010 and 2009:
Market value (1)
2010
2009
Currency:
Euro
Pound Sterling
Swiss Franc
Total
(1)
(6)
$
— 1,089,655 1,397,040 620,485 1,283,469 — $
2,486,695 1,903,954 These figures represent the Endowment Fund’s proportional value of any hedges.
Due to Other Components
Due to other components at August 31, 2010 and 2009 consists of the following:
2010
Payable to System components under the income payout
policy
Payable to System components for institutional advancement
Receivable from to System components based on
endowment agreements
Total due to other components
(7)
$
$
2009
12,009,138 3,495,757 11,747,221 3,802,152 (33,207) (24,039) 15,471,688 15,525,334 Related-Party Transactions
In addition to the transfers-in described in the revenue recognition policy in note 2, and distributions to
other components described in note 6, the Endowment Fund received in-kind contributions from the
System in the form of personnel costs, office facilities, equipment, and supplies in the fiscal years ended
August 31, 2010 and 2009. The total estimated value of these in-kind contributions received from the
System was approximately $502,959 and $487,754 for the fiscal years 2010 and 2009, respectively.
29
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Notes to Basic Financial Statements
August 31, 2010 and 2009
(8)
Administrative Costs and Institutional Advancement Fees
The Endowment Fund pays custodial fees and expenses to the financial institution that acts as the
custodian of the portion of the Endowment Fund’s assets managed under a master trust custodian
agreement. The fees are based on the number of accounts, market value of the securities, and transaction
activities in accordance with the master trust custodian agreement.
Additionally, the Endowment Fund incurs asset management fees from the independent investment
managers of the Endowment Fund. The fees are generally assessed on a quarterly basis on a percentage of
the market value of investments held by each investment manager.
The Endowment Fund incurs other expenses related to its operations primarily consisting of professional
service fees and expenses. The total fees and expenses incurred by the Endowment Fund for the fiscal
years ended August 31, 2010 and 2009 were $2,121,822 and $2,264,736, respectively.
(9)
Income Taxes
The System, of which the Fund is a division of, is a university established as an agency of the State of
Texas prior to 1969, and is qualified as a governmental entity not generally subject to federal income tax
by reason of being a state or political subdivision thereof, or an integral part of a state or political
subdivision thereof or an entity whose income is excluded from gross income for federal income tax
purposes under section 115 of the Internal Revenue Code of 1986 (IRC). However, as a state college or
university, the System is subject to unrelated business income pursuant to IRC section 511(a)(2)(B). No
material unrelated business income tax was incurred for the years ended August 31, 2010 and 2009.
Accordingly, no provision for income taxes has been made in the accompanying financial statements.
(10) Subsequent Events (Unaudited)
In the months subsequent to the fiscal year year-end, the U.S. and world financial markets, as measured by
the global stock markets, have continued to advance. These and other economic events have had an effect
on the value of investments held by the Endowment Fund. Interim valuation information is not available
for all investments through the date of this report. However, for the Endowment Fund, investment
appreciation subsequent to year-end and through December 31, 2010 was approximately $68,271,933. As
of that date, the Endowment Fund’s total net assets were approximately $510,553,988.
30
OTHER SUPPLEMENTARY INFORMATION
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
U.S. government obligations:
U.S. Treasury Bond
U.S. Treasury Bond
U.S. Treas-Cpi Inflat
U.S. Treasury Note
U.S. Treasury Note
U.S. Treasury Note
U.S. Treasury Note
U.S. Treasury Note
U.S. Treasury Note
U.S. Treasury Note
U.S. Treasury Note
U.S. Treasury Note
U.S. Treas Strip Int Pmt
Shares
Coupon rate
365,000.000
300,000.000
542,231.500
2,280,000.000
2,225,000.000
2,200,000.000
2,325,000.000
2,242,000.000
3,397,000.000
2,435,000.000
2,400,000.000
730,000.000
360,000.000
5.38%
4.38
1.63
4.25
4.88
4.63
2.88
3.38
1.75
1.13
2.63
3.63
—
Maturity date
02/15/2031
02/15/2038
01/15/2015
01/15/2011
07/31/2011
07/31/2012
01/31/2013
07/31/2013
01/31/2014
01/15/2012
07/31/2014
02/15/2020
11/15/2027
Total U.S. government obligations
U.S. government agency issues:
Commit To Pur Fnma Sf Mtg
Commit To Pur Gnma Sf Mtg
Commit To Pur Gnma I Sf Mtg
Commit To Pur Gnma Sf Mtg
Commit To Pur Fnma Sf Mtg
Commit To Pur Fnma Sf Mtg
Commit To Pur Fnma Sf Mtg
Commit To Pur Fnma Sf Mtg
Commit To Pur Fnma Sf Mtg
FHLMC Pool #G1-8024
FHLMC Pool #G1-1630
Federal Natl Mtg Assn
Federal Natl Mtg Assn Disc
Federal Natl Mtg Assn
Federal Home Ln Mtg Corp
Federal Home Ln Mtg Corp
Federal Home Ln Mtg Corp
FNMA Pool #0254663
FNMA Pool #0254801
FNMA Pool #0254972
FNMA Pool #0255319
FNMA Gtd Remic P/T
FNMA Gtd Remic P/T 04-36 Eb
FNMA Pool #0725866
FNMA Pool #0729175
FNMA Pool #0809800
GNMA Pool #0591705
GNMA Pool #0511631
GNMA Pool #0781384
1,235,000.000
640,000.000
570,000.000
260,000.000
35,000.000
1,500,000.000
430,000.000
445,000.000
1,485,000.000
180,412.230
133,579.900
210,000.000
1,620,000.000
350,000.000
150,000.000
200,000.000
300,000.000
97,173.100
61,822.140
30,962.710
194,083.350
210,000.000
60,989.020
370,209.810
78,772.820
401,931.840
1,718.620
12,048.720
2,893.900
5.00
5.00
5.50
6.00
5.00
5.50
6.50
5.50
6.00
4.00
3.50
7.25
—
5.00
5.13
5.13
2.50
5.00
6.00
6.00
5.00
4.49
4.00
4.50
VAR RT
5.50
7.50
9.00
11.00
09/01/2040
09/15/2040
09/15/2040
09/15/2040
09/01/2025
09/01/2040
09/01/2040
09/01/2025
09/01/2040
09/01/2019
06/01/2019
05/15/2030
02/22/2011
02/13/2017
04/18/2011
11/17/2017
01/07/2014
02/01/2013
07/01/2023
10/01/2023
08/01/2019
11/25/2012
03/25/2018
09/01/2034
06/01/2034
03/01/2035
10/15/2032
08/15/2030
09/15/2015
Total U.S. government agency issues
Fixed income (nongovernment/agency):
Aep Texas Central Transit A A2
American Express Co
American Express Cr 08-1 Cl A
Axa Sa US$Sub Nt
Banc One Corp Debs
Banc of America Commercial 5 A4
Bank of America Corp
Bear Stearns Commercial Top6 A2
Bear Stearns Commercial Pw12 A4
Bear Stearns Commercial Pw13 A4
Bear Stearns Commercial T28 A4
Cvs Caremark Corp
Ca Inc
Centerpoint Energy Transit A A2
Chait 2009-A3 A3
Citigroup Inc
Cliffs Natural Resources
Direc Tv Holdings/Fing
219,926.760
120,000.000
380,000.000
165,000.000
205,000.000
150,000.000
100,000.000
187,910.100
290,000.000
350,000.000
365,000.000
200,000.000
200,000.000
225,058.530
340,000.000
260,000.000
40,000.000
260,000.000
4.98
7.25
VAR RT
8.60
8.00
5.41
5.63
6.46
VAR RT
5.54
5.74
3.25
5.38
4.97
2.40
5.00
5.90
3.13
31
07/01/2015
05/20/2014
08/15/2013
12/15/2030
04/29/2027
09/10/2016
07/01/2020
10/15/2036
09/11/2038
09/11/2041
09/11/2042
05/18/2015
12/01/2019
08/01/2014
06/17/2013
09/15/2014
03/15/2020
02/15/2016
Cost
$
Fair value
409,526 297,424 544,570 2,311,482 2,307,264 2,347,064 2,426,303 2,332,910 3,383,389 2,435,820 2,509,177 732,428 172,559 478,778 347,157 574,256 2,314,109 2,317,916 2,376,264 2,456,874 2,418,558 3,499,963 2,459,740 2,549,064 803,402 198,167 22,209,916 22,794,248 1,312,959 686,970 618,027 284,213 37,341 1,612,727 470,984 479,939 1,612,398 177,739 128,796 263,415 1,617,354 378,920 154,050 214,163 300,782 96,610 62,105 31,105 192,442 210,283 61,359 363,071 78,795 406,609 1,811 12,664 3,089 1,311,422 687,699 616,848 282,994 37,220 1,603,830 468,094 478,655 1,598,692 192,155 136,866 309,028 1,617,354 410,267 154,547 237,562 314,277 102,968 67,876 33,995 207,873 225,429 63,025 392,267 82,504 432,495 1,973 14,253 2,985 11,870,720 12,085,153 224,645 119,859 380,000 202,030 233,659 138,244 99,649 197,963 301,826 358,662 362,083 199,884 198,457 225,018 339,852 246,667 39,781 259,832 233,298 139,571 380,551 190,676 262,250 158,780 103,022 198,623 319,473 383,005 400,580 208,520 218,158 234,655 344,950 267,153 43,718 259,145 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
Discovery Communications
Dow Chemical Co
Franklin Resources Inc
GE Capital Credit Card Mas 2 A
GE Capital Commercial Mo C1 A4
General Electric Capital Corp
General Elec Cap Corp
Goldman Sachs Group Inc
Goldman Sachs Group Inc
Home Depot Inc Sr Nt
Ingersoll-Rand Global Hldg Co
Intl Paper Co
Jefferies Group Inc
Kla-Tencor Corp Sr Nt
Kraft Foods Inc
Merrill Lynch & Co Inc Medium
Metlife Inc
Merrill Lynch/Countrywide 9 A4
Morgan Stanley Capital T13 A4
Morgan Stanley Capital Hq8 A4
Morgan Stanley
Nasdaq Omx Group
Omnicom Group Inc
PG&E Energy Recovery Fund 2 A2
Private Expt Fdg Corp Ser U
Prudential Financial Inc
Republic Services Inc
Rio Tinto Finance Usa Ltd
Southern Copper Corp
Td Ameritrade Holding Co
Time Warner Inc
Waste Mgmt Inc Del Sr Nt
Wells Fargo & Company
Xerox Corporation
Omnicare Inc
Shares
Coupon rate
220,000.000
230,000.000
230,000.000
150,000.000
455,000.000
220,000.000
160,000.000
100,000.000
120,000.000
230,000.000
230,000.000
210,000.000
180,000.000
210,000.000
340,000.000
110,000.000
200,000.000
270,000.000
100,000.000
270,000.000
250,000.000
240,000.000
240,000.000
119,046.880
150,000.000
260,000.000
240,000.000
230,000.000
260,000.000
240,000.000
60,000.000
100,000.000
120,000.000
210,000.000
250,000.000
3.70%
5.90
3.13
3.69
VAR RT
5.88
5.50
6.00
3.70
5.25
6.00
7.50
6.88
6.90
6.50
6.88
4.75
5.70
4.66
VAR RT
5.63
4.00
4.45
5.03
4.95
5.38
5.25
5.88
6.75
4.15
3.15
6.38
3.75
5.63
3.25
Total fixed income
(nongovernment/agency)
Global fixed income:
Mondrian Global Fixed Income
Total global fixed income
Equity securities:
3M Co
3Par Inc
A Schulman Inc
Aaron’S Inc
Abbott Laboratories
Abercrombie & Fitch Co
Accenture Plc Ireland Shs Cl A
Ace Limited Shs
Activision Blizzard Inc
Actuant Corp
Administaff Inc
Adobe Systems Inc
Advance Auto Parts Inc
Advanced Micro Devices Inc
Aecom Technology Corp
Aeropostale Inc
Aes Corp/The
Aetna Inc
Affiliated Managers Group Inc
Aflac Inc
Agco Corp
Agilent Technologies Inc
AGL Resources Inc
Agnico-Eagle Mines Ltd
2,600.000
11,250.000
5,450.000
300.000
11,600.000
300.000
8,850.000
1,200.000
1,900.000
5,450.000
6,850.000
1,900.000
300.000
2,100.000
400.000
300.000
2,500.000
1,500.000
162.000
9,250.000
300.000
1,300.000
300.000
2,500.000
32
Maturity date
06/01/2015
02/15/2015
05/20/2015
07/15/2015
03/10/2044
01/14/2038
01/08/2020
06/15/2020
08/01/2015
12/16/2013
08/15/2013
08/15/2021
04/15/2021
05/01/2018
02/09/2040
04/25/2018
02/08/2021
09/12/2049
09/13/2045
03/12/2044
09/23/2019
01/15/2015
08/15/2020
03/25/2014
11/15/2015
06/21/2020
11/15/2021
07/15/2013
04/16/2040
12/01/2014
07/15/2015
11/15/2012
10/01/2014
12/15/2019
12/15/2035
Cost
$
Fair value
219,797 234,361 230,323 149,981 451,524 212,795 159,634 100,139 120,078 243,132 229,942 215,935 178,235 214,766 336,784 115,386 202,077 264,656 97,473 246,810 248,411 239,545 240,431 119,041 159,399 259,751 240,864 229,510 260,326 240,762 59,931 106,409 120,349 215,443 204,375 231,433 254,658 241,684 157,274 497,902 226,213 175,102 107,722 121,481 255,581 256,947 250,320 191,165 241,853 403,325 121,056 209,122 280,363 103,993 293,819 254,415 248,642 246,007 123,214 173,532 280,020 266,650 256,018 281,029 253,116 61,661 109,975 126,473 233,153 208,122 11,296,486 12,089,168 21,315,746 22,701,139 21,315,746 22,701,139 222,820 114,966 105,332 6,912 591,214 14,346 368,377 63,856 22,325 109,438 164,360 66,348 13,491 20,538 11,989 9,276 30,675 46,620 13,576 505,382 11,396 46,969 11,627 156,121 204,230 361,350 99,027 4,887 572,344 10,380 323,910 64,164 20,283 108,019 148,097 52,630 16,341 11,781 9,000 6,390 25,600 40,080 10,402 437,063 9,915 35,061 11,010 162,425 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
Air Products & Chemicals Inc
Airgas Inc
AK Steel Holding Corp
Akamai Technologies Inc
Albemarle Corp
Alberto-Culver Co
Alcoa Inc
Alcon Inc Com Shs
Alere Inc
Alexander & Baldwin Inc
Alexandria Real Estate Equity
Alexion Pharmaceuticals Inc
Alleghany Corp
Allegheny Energy Inc
Allegheny Technologies Inc
Allergan Inc/United States
Alliance Data Systems Corp
Alliant Energy Corp
Alliant Techsystems Inc
Allied World Assurance Company
Allscripts Healthcare Solution
Allstate Corp/The
Alpha Natural Resources Inc
Altera Corp
Altria Group Inc
Amazon.Com Inc
AMB Property Corp
Amdocs Ltd Com
Ameren Corp
American Eagle Outfitters Inc
American Electric Power Co Inc
American Express Co
American Financial Group Inc/O
American International Group I
American Medical Systems Holdi
American National Insurance Co
American Tower Corp
American Water Works Co Inc
Americredit Corp
Ameriprise Financial Inc
Amerisourcebergen Corp
Ametek Inc
Amgen Inc
Amphenol Corp
AMR Corp
Amylin Pharmaceuticals Inc
Anadarko Petroleum Corp
Analog Devices Inc
Annaly Capital Management Inc
Ansys Inc
AOL Inc
Aon Corp
Apache Corp
Apartment Investment & Management
Apollo Group Inc
Apple Inc
Applied Materials Inc
Aptargroup Inc
Aqua America Inc
Arch Capital Group Ltd Shs
Arch Coal Inc
Archer-Daniels-Midland Co
Ares Capital Corp
Armstrong World Industries Inc
Arris Group Inc
Arrow Electronics Inc
Art Technology Group Inc
Shares
Coupon rate
770.000
300.000
400.000
13,620.000
300.000
300.000
3,600.000
250.000
300.000
200.000
161.000
300.000
20.000
600.000
358.000
7,890.000
200.000
400.000
100.000
200.000
500.000
2,000.000
400.000
1,100.000
7,500.000
6,680.000
600.000
700.000
900.000
600.000
1,700.000
3,800.000
300.000
400.000
5,750.000
25.000
1,500.000
600.000
300.000
900.000
1,000.000
400.000
3,460.000
600.000
1,200.000
500.000
1,800.000
1,100.000
2,200.000
2,000.000
400.000
8,400.000
1,340.000
400.000
500.000
5,630.000
4,900.000
246.000
500.000
200.000
600.000
17,333.000
700.000
100.000
5,350.000
400.000
22,985.000
Maturity date
Cost
$
33
59,036 19,100 7,556 543,502 13,146 8,523 49,397 37,863 11,460 7,195 11,359 16,755 6,040 13,191 11,810 505,008 13,644 14,136 8,105 9,029 9,545 69,780 20,388 28,754 30,541 921,020 16,443 21,693 24,233 10,794 57,722 107,730 8,940 16,360 98,893 2,795 63,032 12,802 7,790 43,471 30,361 17,168 200,106 28,053 9,342 10,433 130,644 34,621 32,679 55,975 11,672 368,729 143,542 8,214 32,870 1,109,458 70,707 10,557 9,213 15,232 16,404 498,613 9,095 4,298 63,789 12,460 92,142 Fair value
57,003 19,740 5,096 627,473 12,027 9,315 36,785 40,550 8,391 6,768 11,169 16,941 5,953 13,530 14,578 484,604 11,238 14,008 6,590 10,074 8,330 55,200 14,852 27,115 167,400 833,864 14,274 18,361 25,263 7,584 60,197 151,506 8,631 13,572 104,823 1,914 70,290 13,548 7,260 39,222 27,280 17,196 176,598 24,432 7,344 10,270 82,782 30,668 38,236 77,560 8,888 304,416 120,399 8,176 21,245 1,368,653 50,813 10,246 9,940 15,960 13,497 534,030 10,451 3,930 43,763 9,152 79,758 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
Arthur J Gallagher & Co
Ashland Inc
Aspen Insurance Holdings
Associated Banc-Corp
Assurant Inc
Assured Guaranty Ltd Shs
Astec Industries Inc
AT&T Inc
Atheros Communications Inc
Atlas Energy Inc
Atmel Corp
Atmos Energy Corp
Atwood Oceanics Inc
Autodesk Inc
Autoliv Inc
Automatic Data Processing Inc
Autonation Inc
Autozone Inc
Avago Technologies Ltd Shs
Avalonbay Communities Inc
Avery Dennison Corp
Avnet Inc
Avon Products Inc
Avx Corp
Axis Capital Hldgs Ltd Shs
Babcock & Wilcox Co
Baidu Inc/China
Baker Hughes Inc
Baldor Electric Co
Ball Corp
Bally Technologies Inc
Bancorpsouth Inc
Bank of America Corp
Bank of Hawaii Corp
Bank of New York Mellon Corp/T
Barrick Gold Corp
Baxter International Inc
BB&T Corp
BE Aerospace Inc
Beckman Coulter Inc
Becton Dickinson And Co
Bed Bath & Beyond Inc
Bemis Co Inc
Berkshire Hathaway Inc
Best Buy Co Inc
Big Lots Inc
Biogen Idec Inc
Biomarin Pharmaceutical Inc
Bio-Rad Laboratories Inc
BJ’s Restaurants Inc
BJ’s Wholesale Club Inc
Blackrock Inc
BMC Software Inc
Boeing Co/The
Bok Financial Corp
Borgwarner Inc
Boston Properties Inc
Boston Scientific Corp
Boyd Gaming Corp
Brandywine Realty Trust
BRE Properties Inc
Brigham Exploration Co
Brinker International Inc
Bristol-Myers Squibb Co
Broadcom Corp
Broadridge Financial Solutions
Brocade Communications Systems
Shares
Coupon rate
400.000
300.000
300.000
600.000
400.000
700.000
3,400.000
61,388.000
300.000
300.000
1,700.000
300.000
2,800.000
800.000
300.000
1,800.000
300.000
100.000
400.000
300.000
400.000
600.000
1,600.000
200.000
500.000
400.000
5,820.000
1,540.000
3,850.000
300.000
200.000
300.000
46,200.000
200.000
4,400.000
7,500.000
2,200.000
9,850.000
400.000
254.000
845.000
955.000
400.000
6,240.000
1,251.000
300.000
900.000
400.000
71.000
4,550.000
200.000
119.000
700.000
2,747.000
100.000
400.000
500.000
5,600.000
10,025.000
500.000
200.000
7,750.000
400.000
6,200.000
1,800.000
500.000
16,850.000
Maturity date
Cost
$
34
10,309 11,276 8,619 9,378 13,982 9,592 101,325 1,608,578 8,959 8,926 9,767 8,825 90,986 25,960 16,895 73,950 6,231 18,100 8,617 28,757 15,243 19,337 53,768 2,964 15,503 9,398 419,018 78,813 136,709 16,241 7,179 6,888 673,664 10,584 141,753 301,156 128,839 301,121 11,693 15,549 58,132 44,369 12,430 511,140 57,731 11,774 47,449 9,158 7,775 84,804 7,328 23,312 28,798 203,106 5,436 15,866 38,970 40,488 94,927 6,515 7,936 120,185 8,160 155,620 63,414 11,403 93,649 Fair value
9,940 13,938 8,520 7,230 14,624 10,829 87,380 1,659,318 7,383 8,151 9,865 8,490 70,308 22,184 16,242 69,498 6,768 20,978 8,060 31,566 13,008 13,740 46,560 2,478 15,440 8,960 456,463 57,873 135,058 16,824 6,290 3,825 575,652 8,932 106,744 350,700 93,610 217,882 10,780 11,593 57,621 34,351 11,548 491,587 39,269 9,378 48,420 8,116 5,860 108,927 8,392 16,892 25,235 167,924 4,444 17,460 40,700 29,064 69,574 5,495 8,176 118,730 6,300 161,696 53,928 10,675 84,587 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
Brookdale Senior Living Inc
Brown & Brown Inc
Brown-Forman Corp
Brunswick Corp/De
Bucyrus International Inc
Buffalo Wild Wings Inc
Bunge Limited Com
Burger King Holdings Inc
CA Inc
Cablevision Systems Corp
Cabot Corp
Cabot Oil & Gas Corp
Cadence Design Systems Inc
Calgon Carbon Corp
Callaway Golf Co
Calpine Corp
Camden Property Trust
Cameron International Corp
Campbell Soup Co
Capital One Financial Corp
Capitalsource Inc
Capitol Federal Financial
Carbo Ceramics Inc
Cardinal Health Inc
Career Education Corp
Carefusion Corp
Carlisle Cos Inc
Carmax Inc
Carnival Corp
Carpenter Technology Corp
Cash America International Inc
Caterpillar Inc
CB Richard Ellis Group Inc
CBS Corp
Celanese Corp
Celgene Corp
Centerpoint Energy Inc
Central European Distribution
Central European Media Ent-A
Centurylink Inc
Cephalon Inc
Cerner Corp
CF Industries Holdings Inc
CH Robinson Worldwide Inc
Charles River Laboratories Int
Charles Schwab Corp/The
Chesapeake Energy Corp
Chevron Corp
Chicago Bridge & Iron Co Nv
Chico’S Fas Inc
Chimera Investment Corp
Chipotle Mexican Grill Inc
Choice Hotels International In
Chubb Corp
Church & Dwight Co Inc
Ciena Corp
Cigna Corp
Cimarex Energy Co
Cincinnati Financial Corp
Cinemark Holdings Inc
Cintas Corp
Circor International Inc
Cisco Systems Inc
Cit Group Inc
Citigroup Inc
Citrix Systems Inc
City National Corp/Ca
Shares
Coupon rate
200.000
400.000
400.000
6,175.000
300.000
600.000
3,000.000
400.000
1,500.000
900.000
200.000
400.000
1,000.000
6,850.000
7,400.000
1,200.000
200.000
900.000
700.000
1,652.000
900.000
100.000
1,100.000
1,300.000
300.000
700.000
200.000
800.000
1,600.000
4,800.000
3,700.000
6,050.000
1,000.000
2,500.000
600.000
13,770.000
1,500.000
200.000
100.000
1,100.000
300.000
251.000
258.000
600.000
200.000
3,500.000
2,300.000
7,270.000
400.000
700.000
3,200.000
119.000
100.000
1,200.000
257.000
300.000
1,000.000
300.000
500.000
5,950.000
500.000
3,700.000
55,250.000
700.000
76,300.000
700.000
165.000
Maturity date
Cost
$
35
4,157 7,789 23,634 86,789 20,649 24,872 154,848 8,588 34,197 23,378 6,316 15,592 7,178 112,278 68,132 15,294 9,096 40,932 25,162 73,553 5,504 3,819 83,617 46,252 10,710 19,649 7,923 20,000 64,368 133,078 134,099 417,316 17,110 39,831 19,902 788,522 21,633 7,737 3,600 39,820 19,649 22,469 22,271 36,006 8,091 68,215 54,464 298,603 8,225 10,948 12,798 15,379 3,813 62,808 17,540 5,325 34,000 19,221 14,873 101,737 14,168 116,001 1,434,400 24,852 370,724 34,890 9,560 Fair value
2,680 7,616 24,516 78,484 17,247 25,020 159,000 6,580 26,982 22,581 5,686 11,136 6,790 85,488 46,250 15,264 9,152 33,102 26,082 62,561 4,545 2,566 83,303 38,948 5,259 15,106 5,610 15,944 49,888 148,848 113,331 394,218 16,420 34,550 16,020 708,742 22,185 4,576 2,128 39,776 16,983 18,285 23,865 38,994 5,650 44,660 47,564 538,562 8,712 5,782 12,576 17,949 3,288 66,156 15,736 3,747 32,220 19,626 13,335 86,930 12,745 103,045 1,104,171 25,676 282,997 40,558 7,993 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
Clarcor Inc
Clear Channel Outdoor Holdings
Clearwire Corp
Cliffs Natural Resources Inc
Clorox Co
CME Group Inc
CMS Energy Corp
CNA Financial Corp
CNH Global Nv
Coach Inc
Cobalt International Energy In
Coca-Cola Co/The
Coca-Cola Enterprises Inc
Cognizant Technology Solutions
Colgate-Palmolive Co
Comcast Corp
Comerica Inc
Commerce Bancshares Inc/Kansas
Commercial Metals Co
Commonwealth Reit
Commscope Inc
Community Health Systems Inc
Compass Minerals International
Compellent Technologies Inc
Computer Sciences Corp
Compuware Corp
Comstock Resources Inc
Conagra Foods Inc
Conceptus Inc
Concho Resources Inc/Midland T
Conocophillips
Consol Energy Inc
Consolidated Edison Inc
Constellation Brands Inc
Constellation Energy Group Inc
Continental Airlines Inc
Continental Resources Inc/Ok
Convergys Corp
Con-Way Inc
Cooper Cos Inc/The
Cooper Industries Plc
Copa Holdings S A Cl A
Copart Inc
Core Laboratories N V
Corelogic Inc
Corn Products International In
Corning Inc
Corporate Office Properties Tr
Corrections Corp Of America
Costco Wholesale Corp
Covance Inc
Covanta Holding Corp
Coventry Health Care Inc
Covidien Plc Shs
Cr Bard Inc
Crane Co
Cree Inc
Crocs Inc
Crown Castle International Cor
Crown Holdings Inc
Csx Corp
Cullen/Frost Bankers Inc
Cummins Inc
Cvs Caremark Corp
Cypress Semiconductor Corp
Cytec Industries Inc
Danaher Corp
Shares
Coupon rate
3,350.000
200.000
500.000
500.000
500.000
2,210.000
800.000
100.000
100.000
1,100.000
300.000
16,750.000
1,100.000
10,250.000
1,770.000
15,100.000
600.000
300.000
400.000
250.000
300.000
300.000
100.000
8,850.000
560.000
800.000
200.000
6,600.000
5,000.000
300.000
19,850.000
800.000
1,000.000
700.000
700.000
500.000
100.000
400.000
200.000
200.000
600.000
100.000
2,050.000
1,560.000
400.000
300.000
13,100.000
200.000
400.000
7,040.000
200.000
500.000
600.000
8,350.000
344.000
200.000
400.000
10,050.000
1,054.000
600.000
1,400.000
200.000
2,576.000
9,900.000
600.000
2,800.000
1,900.000
Maturity date
Cost
$
36
115,139 2,613 3,432 34,441 27,827 722,617 12,627 2,813 2,816 47,345 3,989 577,500 30,910 520,062 149,919 267,982 26,041 12,087 6,190 7,860 9,450 12,248 7,871 121,346 30,965 6,948 6,799 161,417 93,370 16,140 1,194,330 34,676 45,165 12,789 26,237 10,733 4,507 5,344 7,640 7,803 28,016 5,758 57,010 72,975 8,121 10,469 265,913 8,500 8,532 417,865 12,554 8,833 14,436 409,108 29,478 7,602 30,488 101,563 40,337 15,773 77,686 11,725 172,602 366,318 7,875 106,041 77,397 Fair value
112,694 2,010 3,210 30,595 32,410 548,434 14,000 2,602 2,815 39,424 2,448 936,040 31,306 590,451 130,697 258,135 20,646 10,719 5,208 6,030 5,625 7,821 7,175 135,140 22,294 5,736 4,354 142,494 69,075 17,526 1,040,736 25,760 47,530 11,662 20,531 11,170 4,052 4,052 5,242 8,068 25,254 4,878 67,753 123,131 6,908 10,239 205,408 7,220 8,924 397,760 7,586 7,205 11,610 295,089 26,430 6,780 21,416 125,424 43,340 16,710 69,846 10,250 191,680 267,102 6,348 132,804 69,027 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
Darden Restaurants Inc
Davita Inc
Dean Foods Co
Deere & Co
Del Monte Foods Co
Dell Inc
Delta Air Lines Inc
Denbury Resources Inc
Dendreon Corp
Dentsply International Inc
Developers Diversified Realty
Devon Energy Corp
Devry Inc
Diamond Offshore Drilling Inc
Dick’S Sporting Goods Inc
Diebold Inc
Digital Realty Trust Inc
Digital River Inc
Direc Tv
Discover Financial Services
Discovery Communications Inc
Dish Network Corp
Dolby Laboratories Inc
Dollar General Corp
Dollar Tree Inc
Dominion Resources Inc/Va
Domtar Corp
Donaldson Co Inc
Douglas Emmett Inc
Dover Corp
Dow Chemical Co/The
DPL Inc
Dr Horton Inc
Dr Pepper Snapple Group Inc
Dreamworks Animation Skg Inc
Dresser-Rand Group Inc
Dril-Quip Inc
Dst Systems Inc
Dsw Inc
Dte Energy Co
Duke Energy Corp
Duke Realty Corp
Dun & Bradstreet Corp
E*Trade Financial Corp
Eagle Materials Inc
East West Bancorp Inc
Eastman Chemical Co
Eaton Corp
Eaton Vance Corp
Ebay Inc
Echostar Corp
Ecolab Inc
Edison International
Education Management Corp
Edwards Lifesciences Corp
Ei Du Pont De Nemours & Co
El Paso Corp
Electronic Arts Inc
Eli Lilly & Co
EMC Corp/Massachusetts
Emdeon Inc
Emergency Medical Services Cor
Emerson Electric Co
Endo Pharmaceuticals Holdings
Endurance Specialty Hldgs Ltd
Energen Corp
Energizer Holdings Inc
Shares
Coupon rate
500.000
400.000
700.000
1,538.000
700.000
18,600.000
2,900.000
1,500.000
500.000
531.000
700.000
4,100.000
200.000
250.000
300.000
200.000
300.000
3,700.000
3,200.000
2,000.000
1,000.000
700.000
200.000
300.000
450.000
2,200.000
150.000
300.000
500.000
700.000
4,200.000
400.000
1,000.000
900.000
300.000
300.000
2,000.000
100.000
3,150.000
600.000
4,800.000
800.000
200.000
800.000
200.000
500.000
262.000
600.000
400.000
4,100.000
100.000
845.000
1,200.000
100.000
400.000
3,300.000
2,600.000
1,200.000
3,700.000
40,470.000
100.000
100.000
2,700.000
4,350.000
200.000
261.000
254.000
Maturity date
Cost
$
37
23,700 22,182 11,589 93,155 11,088 285,945 36,453 26,490 19,710 18,723 7,632 272,326 14,566 20,971 8,621 6,774 17,057 101,401 49,255 21,833 37,644 15,145 12,009 8,639 18,140 90,992 7,873 13,770 8,455 34,223 126,709 10,952 12,980 22,275 12,903 10,386 65,624 4,327 55,720 28,092 78,240 10,722 15,416 10,443 6,096 7,967 17,473 46,854 13,884 95,834 1,942 39,239 48,800 2,483 20,063 128,931 29,458 23,700 279,496 763,101 1,679 5,305 140,157 86,119 7,694 12,636 15,401 Fair value
20,630 25,848 7,154 97,309 9,142 218,922 30,334 22,110 17,920 14,751 7,252 247,148 7,622 14,545 7,341 5,188 17,781 97,569 121,274 29,020 37,750 12,558 11,084 8,193 20,373 94,006 9,003 12,570 8,060 31,332 102,354 10,128 10,260 33,138 8,889 10,656 105,740 4,074 74,813 28,110 82,464 8,968 13,180 9,918 4,590 7,314 16,126 41,688 10,396 95,243 1,866 40,053 40,500 807 23,028 134,541 29,614 18,276 124,283 738,173 1,025 4,805 125,955 118,059 7,368 11,139 16,015 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
Entergy Corp
EOG Resources Inc
EQT Corp
Equifax Inc
Equinix Inc
Equity Residential
Erie Indemnity Co
Essex Property Trust Inc
Estee Lauder Cos Inc/The
Evercore Partners Inc
Everest Re Group Inc Com
Exco Resources Inc
Exelon Corp
Expedia Inc
Expeditors International Of Wa
Express Scripts Inc
Exterran Holdings Inc
Exxon Mobil Corp
F5 Networks Inc
Factset Research Systems Inc
Fairchild Semiconductor Intern
Family Dollar Stores Inc
Fastenal Co
Federal Realty Investment Trus
Federal-Mogul Corp
Federated Investors Inc
Fedex Corp
Fidelity National Financial In
Fidelity National Information
Fifth Third Bancorp
First Cash Financial Services
First Citizens Bancshares Inc/
First Horizon National Corp
First Niagara Financial Group
First Solar Inc
Firstenergy Corp
Fiserv Inc
Flir Systems Inc
Flowers Foods Inc
Flowserve Corp
Fluor Corp
FMC Corp
FMC Technologies Inc
Foot Locker Inc
Ford Motor Co
Forest City Enterprises Inc
Forest Laboratories Inc
Forest Oil Corp
Fortune Brands Inc
Forward Air Corp
Fossil Inc
Franklin Resources Inc
Freeport-Mcmoran Copper & Gold
Frontier Communications Corp
Frontier Oil Corp
Frontline Ltd Shs
FTI Consulting Inc
Fulton Financial Corp
Gamestop Corp
Gannett Co Inc
Gap Inc/The
Gardner Denver Inc
Garmin Ltd
Gartner Inc
Gatx Corp
General Cable Corp
General Dynamics Corp
Shares
Coupon rate
683.000
7,988.000
500.000
500.000
164.000
1,000.000
100.000
100.000
400.000
3,200.000
200.000
500.000
2,400.000
700.000
10,650.000
1,952.000
200.000
23,440.000
1,100.000
169.000
500.000
500.000
500.000
200.000
100.000
300.000
1,134.000
900.000
1,200.000
3,000.000
5,550.000
20.000
7,178.000
800.000
200.000
1,100.000
554.000
600.000
300.000
200.000
647.000
264.000
9,670.000
600.000
12,000.000
400.000
1,100.000
400.000
553.000
4,500.000
200.000
550.000
1,701.000
38,648.000
400.000
200.000
200.000
700.000
600.000
900.000
1,700.000
200.000
400.000
300.000
200.000
200.000
1,251.000
Maturity date
Cost
$
38
55,793 821,646 21,830 13,553 16,279 42,940 4,525 10,046 27,052 105,331 16,464 9,560 104,625 17,241 447,291 101,108 5,850 831,687 89,406 12,839 5,960 14,700 27,190 15,214 2,073 7,843 103,306 13,961 30,684 45,450 107,461 4,094 74,052 11,888 26,098 41,448 29,645 17,832 7,622 23,100 41,622 16,944 625,195 9,558 169,560 6,326 30,206 10,992 29,439 134,716 7,313 64,868 189,400 287,101 5,228 7,340 8,154 7,847 15,084 16,592 23,816 9,563 14,756 7,354 6,793 5,971 109,192 Fair value
53,848 693,918 16,300 14,735 14,958 45,830 5,250 10,577 22,428 78,368 15,828 6,725 97,728 16,002 421,740 83,155 4,426 1,385,538 96,173 12,430 3,865 21,395 22,635 15,858 1,530 6,255 88,509 13,050 31,020 33,120 132,423 3,359 72,354 9,032 25,570 40,183 27,706 15,060 7,752 17,876 28,895 16,442 598,090 7,044 135,420 4,508 30,019 10,448 24,769 106,920 9,498 53,081 122,455 298,749 4,684 5,300 6,556 5,803 10,758 10,881 28,713 9,548 10,644 8,604 5,460 4,450 69,893 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
General Electric Co
General Growth Properties Inc
General Mills Inc
Genpact Ltd
Gen-Probe Inc
Gentex Corp
Genuine Parts Co
Genworth Financial Inc
Genzyme Corp
Gerdau Ameristeel Corp
Gilead Sciences Inc
Glacier Bancorp Inc
Gleacher & Co Inc
Glg Partners Inc
Global Payments Inc
Goldman Sachs Group Inc/The
Goodrich Corp
Goodyear Tire & Rubber Co/The
Google Inc
Graco Inc
Great Plains Energy Inc
Green Mountain Coffee Roasters
Greenhill & Co Inc
Greif Inc
Guess? Inc
H&R Block Inc
Halliburton Co
Hanesbrands Inc
Hanover Insurance Group Inc/Th
Hansen Natural Corp
Harley-Davidson Inc
Harman International Industrie
Harris Corp
Harsco Corp
Hartford Financial Services Gr
Hasbro Inc
Hawaiian Electric Industries I
Haynes International Inc
HCC Insurance Holdings Inc
HCP Inc
Health Care Reit Inc
Health Management Associates I
Health Net Inc
Helmerich & Payne Inc
Henry Schein Inc
Herbalife Ltd Usd Com Shs
Hershey Co/The
Hertz Global Holdings Inc
Hess Corp
Hewitt Associates Inc
Hewlett-Packard Co
Hexcel Corp
Hibbett Sports Inc
Hillenbrand Inc
Hill-Rom Holdings Inc
HJ Heinz Co
Holly Corp
Hologic Inc
Home Bancshares Inc/Ar
Home Depot Inc
Honeywell International Inc
Hormel Foods Corp
Hospira Inc
Hospitality Properties Trust
Host Hotels & Resorts Inc
Hubbell Inc
Hudson City Bancorp Inc
Shares
Coupon rate
56,180.000
900.000
2,400.000
200.000
200.000
500.000
600.000
1,800.000
1,000.000
500.000
8,000.000
8,452.000
12,700.000
700.000
300.000
1,860.000
454.000
900.000
1,925.000
200.000
500.000
400.000
100.000
100.000
200.000
1,300.000
3,300.000
400.000
200.000
200.000
900.000
300.000
500.000
300.000
1,600.000
500.000
300.000
2,800.000
400.000
1,100.000
449.000
12,700.000
400.000
300.000
300.000
200.000
558.000
700.000
7,058.000
300.000
8,500.000
9,900.000
4,600.000
200.000
200.000
1,145.000
200.000
1,000.000
3,500.000
6,100.000
14,050.000
251.000
600.000
500.000
2,400.000
200.000
1,700.000
Maturity date
Cost
$
39
773,217 12,828 84,756 3,461 9,558 11,126 25,860 33,390 54,452 5,507 287,234 132,611 52,214 2,321 13,647 295,547 32,918 13,127 1,040,160 6,446 9,498 11,475 8,671 5,853 9,432 23,056 116,967 11,936 8,890 8,248 30,809 15,021 21,679 9,897 46,000 20,065 7,073 97,282 10,868 35,442 20,016 115,560 9,349 12,617 18,171 9,193 25,029 8,348 449,942 10,513 325,426 136,795 96,870 4,938 6,282 53,429 4,979 15,833 83,155 215,147 626,407 10,430 34,230 13,675 37,704 10,402 24,667 Fair value
813,486 12,663 86,784 2,798 9,006 8,790 25,158 19,512 70,110 5,500 254,640 116,976 21,209 3,129 11,289 254,690 31,090 8,316 866,289 5,582 9,245 12,328 7,043 5,685 6,464 16,679 93,093 9,576 8,676 9,008 21,897 9,351 21,035 5,982 32,269 20,180 7,206 81,984 10,092 38,742 20,623 79,375 9,552 11,112 15,840 11,116 25,930 5,957 354,665 14,481 326,825 168,894 106,398 3,806 6,420 52,945 5,202 14,180 75,390 169,702 548,793 10,831 30,816 9,775 31,579 8,996 19,601 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
Human Genome Sciences Inc
Humana Inc
Huntington Bancshares Inc/Oh
Huntsman Corp
Hyatt Hotels Corp
Iac/Interactivecorp
Idex Corp
Idexx Laboratories Inc
IHS Inc
Illinois Tool Works Inc
Illumina Inc
Informatica Corp
Ingersoll-Rand Public Limited
Ingram Micro Inc
Integrys Energy Group Inc
Intel Corp
Interactive Brokers Group Inc
Intercontinental exchange Inc
Interface Inc
International Business Machine
International Flavors & Fragra
International Game Technology
International Paper Co
International Rectifier Corp
International Speedway Corp
Interpublic Group Of Cos Inc/T
Intersil Corp
Intrepid Potash Inc
Intuit Inc
Intuitive Surgical Inc
Invesco Ltd Shs
Iron Mountain Inc
ITC Holdings Corp
Itron Inc
ITT Corp
ITT Educational Services Inc
J Crew Group Inc
Jabil Circuit Inc
Jacobs Engineering Group Inc
Janus Capital Group Inc
Jarden Corp
JB Hunt Transport Services Inc
JC Penney Co Inc
JDS Uniphase Corp
Jefferies Group Inc
JM Smucker Co/The
John Wiley & Sons Inc
Johnson & Johnson
Johnson Controls Inc
Jones Lang Lasalle Inc
Joy Global Inc
Jpmorgan Chase & Co
Juniper Networks Inc
K12 Inc
Kansas City Southern
Kar Auction Services Inc
Kaydon Corp
KB Home
KBR Inc
Kellogg Co
Kennametal Inc
Keycorp
Kimberly Clark Corp
Kimco Realty Corp
Kinetic Concepts Inc
King Pharmaceuticals Inc
Kirby Corp
Shares
Coupon rate
700.000
600.000
2,700.000
600.000
200.000
300.000
300.000
200.000
200.000
1,600.000
8,270.000
300.000
1,200.000
600.000
300.000
27,600.000
200.000
270.000
6,000.000
7,650.000
300.000
1,100.000
9,100.000
300.000
100.000
1,800.000
500.000
200.000
1,000.000
140.000
1,637.000
700.000
200.000
150.000
700.000
133.000
200.000
700.000
454.000
700.000
300.000
300.000
800.000
800.000
400.000
443.000
200.000
9,950.000
16,850.000
153.000
400.000
18,970.000
1,900.000
1,250.000
400.000
100.000
2,850.000
300.000
600.000
900.000
300.000
3,300.000
1,500.000
1,500.000
200.000
900.000
2,800.000
Maturity date
Cost
$
40
16,949 27,906 17,793 6,996 7,795 7,056 10,431 11,948 10,696 81,680 344,505 7,456 45,616 11,025 14,717 528,060 3,237 30,206 74,657 939,459 15,072 21,395 245,660 7,250 2,912 17,352 8,375 5,332 35,720 51,238 35,605 19,518 10,961 11,648 39,921 15,148 7,843 11,718 21,851 10,630 9,948 11,004 24,472 10,900 9,896 27,595 8,552 411,147 552,725 12,047 24,200 819,644 56,658 29,586 15,168 1,529 123,503 5,330 14,160 48,474 9,567 29,502 94,338 22,965 9,602 10,292 62,254 Fair value
20,349 28,674 14,305 5,478 7,532 7,434 8,937 11,054 12,358 66,016 354,700 9,642 39,036 9,036 14,535 487,554 3,238 25,801 76,920 941,945 13,707 16,060 186,186 5,505 2,289 15,354 5,000 4,490 42,738 37,104 29,695 14,196 11,592 8,100 29,750 7,084 6,098 7,175 15,745 6,356 8,082 9,825 15,984 7,352 9,004 25,907 7,118 567,349 447,031 11,553 22,688 689,749 51,680 28,925 13,428 1,211 92,369 3,093 13,926 44,712 7,560 24,321 96,600 22,362 6,384 7,839 103,124 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
Kla-Tencor Corp
Kohl’S Corp
Kraft Foods Inc
Kroger Co/The
L-3 Communications Holdings In
Laboratory Corp Of America Hol
Lam Research Corp
Lamar Advertising Co
Landstar System Inc
Las Vegas Sands Corp
Lazard Ltd Shs -ALeap Wireless International In
Lear Corp
Legg Mason Inc
Leggett & Platt Inc
Lender Processing Services Inc
Lennar Corp
Lennox International Inc
Leucadia National Corp
Level 3 Communications Inc
Lexmark International Inc
Liberty Global Inc
Liberty Media Corp – Capital
Liberty Media Corp – Interacti
Liberty Media Corp – Starz
Liberty Property Trust
Life Technologies Corp
Life Time Fitness Inc
Lifepoint Hospitals Inc
Lincare Holdings Inc
Lincoln Electric Holdings Inc
Lincoln National Corp
Linear Technology Corp
Live Nation Entertainment Inc
LKQ Corp
Lockheed Martin Corp
Loews Corp
Logmein Inc
Lorillard Inc
Lowe’S Cos Inc
LSI Corp
Ltd Brands Inc
Lubrizol Corp
Lululemon Athletica Inc
Lumber Liquidators Holdings In
M&T Bank Corp
Macerich Co/The
Mack-Cali Realty Corp
Macy’S Inc
Madison Square Garden Inc
Manitowoc Co Inc/The
Manpower Inc
Mantech International Corp
Marathon Oil Corp
Mariner Energy Inc
Markel Corp
Marriott International Inc/De
Marsh & Mclennan Cos Inc
Marshall & Ilsley Corp
Martin Marietta Materials Inc
Marvell Technology Group Ltd
Masco Corp
Massey Energy Co
Mastercard Inc
Mattel Inc
Maxim Integrated Products Inc
MBIA Inc
Shares
Coupon rate
600.000
1,100.000
5,800.000
17,400.000
436.000
400.000
500.000
200.000
200.000
1,100.000
300.000
200.000
170.000
600.000
600.000
344.000
600.000
200.000
700.000
6,000.000
300.000
922.000
300.000
2,200.000
200.000
400.000
663.000
2,950.000
200.000
350.000
155.000
1,100.000
800.000
9,100.000
6,150.000
1,100.000
1,142.000
3,250.000
555.000
30,550.000
2,400.000
1,000.000
250.000
14,010.000
3,450.000
267.000
500.000
300.000
1,600.000
200.000
500.000
300.000
1,550.000
19,250.000
400.000
40.000
1,000.000
6,900.000
1,900.000
165.000
1,900.000
1,300.000
400.000
3,300.000
1,300.000
1,100.000
500.000
Maturity date
Cost
$
41
20,064 61,974 175,450 371,592 41,993 32,402 19,997 7,614 8,965 26,081 11,664 3,651 12,030 19,296 13,884 13,306 11,112 9,709 18,662 9,570 11,535 27,024 13,272 35,376 8,409 13,608 35,114 95,024 7,594 11,248 9,218 35,695 24,616 90,956 97,393 94,875 44,047 63,122 44,195 805,322 15,468 28,030 22,981 562,814 89,963 23,041 20,870 10,812 28,814 4,386 7,733 15,073 70,545 624,808 10,308 15,241 34,671 161,971 18,886 15,413 41,344 22,854 17,522 804,628 30,700 22,550 4,818 Fair value
16,805 51,634 173,478 343,302 29,038 29,048 18,055 5,242 7,196 31,163 9,378 2,072 12,522 15,198 11,502 10,090 7,890 8,478 14,945 6,180 10,497 25,420 13,524 23,210 11,948 12,148 28,363 100,212 6,080 8,047 7,682 25,707 22,896 78,624 114,390 76,472 40,130 106,438 42,186 619,554 9,672 23,600 23,328 460,551 69,104 22,866 20,705 9,255 31,056 3,910 4,580 12,750 54,855 586,933 9,156 13,109 31,978 163,668 12,445 12,078 30,231 13,637 11,504 654,588 27,287 17,457 4,670 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
McAfee Inc
McCormick & Co Inc/Md
McDermott International Inc
McDonald’s Corp
McGraw-Hill Cos Inc/The
McKesson Corp
MDC Holdings Inc
MDU Resources Group Inc
Mead Johnson Nutrition Co
Meadwestvaco Corp
Medassets Inc
Medco Health Solutions Inc
Mednax Inc
Medtronic Inc
MEMC Electronic Materials Inc
Merck & Co Inc
Mercury General Corp
Meredith Corp
Merit Medical Systems Inc
Metlife Inc
MetroPCS Communications Inc
Mettler-Toledo International I
MGM Resorts International
Microchip Technology Inc
Micron Technology Inc
Micros Systems Inc
Microsoft Corp
Microstrategy Inc
Middleby Corp
Mirant Corp
Mohawk Industries Inc
Molex Inc
Molson Coors Brewing Co
Monro Muffler Brake Inc
Monsanto Co
Monster Worldwide Inc
Moody’s Corp
Morgan Stanley
Morningstar Inc
Mosaic Co/The
Motorola Inc
MSC Industrial Direct Co
MSCI Inc
Mueller Water Products Inc
Murphy Oil Corp
MWI Veterinary Supply Inc
Mylan Inc/Pa
Myriad Genetics Inc
Nabors Industries Ltd Shs
Nalco Holding Co
Nasdaq Omx Group Inc/The
National Cinemedia Inc
National Fuel Gas Co
National Instruments Corp
National Oilwell Varco Inc
National Semiconductor Corp
Nationwide Health Properties I
Navistar International Corp
NBTY Inc
NCR Corp
Netapp Inc
Netezza Corp
Netflix Inc
Neustar Inc
New York Community Bancorp Inc
New York Times Co/The
Newell Rubbermaid Inc
Shares
Coupon rate
600.000
500.000
800.000
3,900.000
1,200.000
1,000.000
100.000
700.000
740.000
600.000
6,200.000
11,050.000
200.000
4,000.000
800.000
34,700.000
100.000
100.000
5,450.000
7,400.000
900.000
126.000
1,000.000
700.000
3,100.000
300.000
66,850.000
1,250.000
2,500.000
500.000
200.000
500.000
4,300.000
2,350.000
2,000.000
500.000
700.000
5,100.000
100.000
5,600.000
8,500.000
158.000
400.000
13,950.000
700.000
3,600.000
11,100.000
400.000
1,100.000
500.000
500.000
6,600.000
300.000
4,350.000
1,500.000
900.000
400.000
300.000
200.000
600.000
1,247.000
10,600.000
150.000
300.000
1,600.000
400.000
1,000.000
Maturity date
Cost
$
42
24,213 19,585 10,136 184,184 32,452 56,403 3,502 15,409 38,320 16,680 126,468 632,521 11,642 191,015 12,490 1,101,102 4,567 3,694 95,581 318,448 6,894 14,625 13,281 21,100 33,294 10,503 1,995,462 67,339 128,040 5,750 12,094 11,180 184,054 77,691 132,740 8,450 17,985 161,548 4,970 250,220 62,390 8,782 14,396 69,684 42,581 131,870 201,732 8,938 23,128 12,435 10,920 105,600 15,773 131,897 66,675 13,793 13,855 14,057 9,460 9,192 44,140 111,243 13,689 7,752 27,712 5,096 17,305 Fair value
28,230 19,935 10,256 284,934 33,180 58,050 2,662 13,167 38,621 13,056 122,760 480,454 9,268 125,800 8,232 1,220,052 3,922 2,926 86,001 278,595 8,046 13,934 9,010 19,411 20,023 11,430 1,568,635 97,413 137,475 4,850 8,862 8,825 187,308 98,418 105,300 5,515 14,798 125,919 4,045 328,496 63,920 7,042 11,960 33,062 37,492 190,836 190,476 6,252 17,248 11,360 8,955 104,874 12,894 125,411 56,445 11,349 15,388 12,564 10,898 7,710 50,354 206,276 18,828 6,642 25,424 2,872 15,010 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
Newfield Exploration Co
Newmont Mining Corp
News Corp
Nextera Energy Inc
NII Holdings Inc
Nike Inc
Nisource Inc
Noble Energy Inc
Nordstrom Inc
Norfolk Southern Corp
Northeast Utilities
Northern Trust Corp
Northrop Grumman Corp
Novell Inc
Novellus Systems Inc
Novo Nordisk A/S
NRG Energy Inc
NSTAR
Nuance Communications Inc
Nucor Corp
Nuvasive Inc
NV Energy Inc
Nvidia Corp
NYR Inc
Nyse Euronext
Oasis Petroleum Inc
Occidental Petroleum Corp
Oceaneering International Inc
Office Depot Inc
Oge Energy Corp
Oil States International Inc
Old Republic International Cor
Omnicare Inc
Omnicom Group Inc
On Semiconductor Corp
Onebeacon Insurance Group Ltd
Oneok Inc
Oracle Corp
O’Reilly Automotive Inc
Ormat Technologies Inc
Oshkosh Corp
Owens Corning
Owens-Illinois Inc
Paccar Inc
Packaging Corp Of America
Pactiv Corp
Pall Corp
Panera Bread Co
Parexel International Corp
Parker Hannifin Corp
Partnerre Hldgs Ltd Bermuda
Patterson Cos Inc
Patterson-Uti Energy Inc
Paychex Inc
Peabody Energy Corp
Penn National Gaming Inc
Pentair Inc
People’s United Financial Inc
Pepco Holdings Inc
Pepsico Inc/Nc
Perkinelmer Inc
Perrigo Co
Petrohawk Energy Corp
Petsmart Inc
Pfizer Inc
PG&E Corp
Pharmaceutical Product Develop
Shares
Coupon rate
500.000
10,850.000
15,900.000
1,500.000
600.000
1,300.000
1,000.000
648.000
600.000
1,339.000
600.000
900.000
1,100.000
1,300.000
400.000
5,050.000
1,000.000
400.000
5,450.000
1,100.000
2,850.000
900.000
2,000.000
20.000
1,000.000
5,000.000
9,629.000
200.000
1,000.000
353.000
200.000
900.000
7,900.000
1,100.000
1,600.000
100.000
400.000
18,788.000
500.000
100.000
300.000
400.000
600.000
1,300.000
400.000
500.000
400.000
100.000
5,700.000
600.000
300.000
400.000
600.000
1,200.000
1,000.000
200.000
400.000
1,400.000
800.000
19,337.000
5,000.000
300.000
1,100.000
400.000
112,450.000
1,348.000
400.000
Maturity date
Cost
$
43
26,830 569,112 230,809 75,555 24,264 99,749 16,410 39,072 26,240 80,341 16,590 49,257 75,207 7,514 10,660 420,711 22,340 14,628 44,859 49,621 108,917 11,426 33,200 14,950 32,620 81,369 795,671 13,039 8,110 14,270 9,784 12,392 205,362 53,461 13,568 1,737 19,424 356,632 22,335 3,105 12,840 11,666 21,648 59,433 10,120 12,337 15,842 8,516 95,251 42,600 24,273 12,784 9,132 37,680 46,600 5,889 14,996 22,659 13,536 996,942 112,389 17,721 24,409 13,092 1,881,691 63,898 9,930 Fair value
24,005 665,322 199,704 80,595 21,750 91,000 17,360 45,217 17,352 71,878 17,382 41,515 59,532 7,313 9,316 432,381 20,320 15,212 79,843 40,458 83,648 11,520 18,650 12,083 27,740 82,350 703,687 10,002 3,410 13,785 8,246 11,502 151,680 38,511 9,888 1,305 17,164 410,424 23,635 2,756 7,464 10,880 15,036 53,274 8,916 16,040 13,676 7,994 113,088 35,496 22,335 10,108 8,850 29,868 42,790 5,636 12,040 17,780 14,360 1,241,049 105,050 17,103 16,641 12,760 1,789,080 63,032 9,188 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
Philip Morris International In
Phillips-Van Heusen Corp
Piedmont Office Realty Trust I
Pinnacle Financial Partners In
Pinnacle West Capital Corp
Pioneer Natural Resources Co
Pitney Bowes Inc
Plains Exploration & Production
Plum Creek Timber Co Inc
Pmc – Sierra Inc
PNC Financial Services Group I
Polo Ralph Lauren Corp
Polycom Inc
Popular Inc
PPG Industries Inc
PPL Corp
Praxair Inc
Precision Castparts Corp
Priceline.Com Inc
Pride International Inc
Principal Financial Group Inc
Procter & Gamble Co/The
Progress Energy Inc
Progressive Corp/The
Prologis
Prosperity Bancshares Inc
Protective Life Corp
Prudential Financial Inc
PSS World Medical Inc
Public Service Enterprise Grou
Public Storage
Pulte Group Inc
QEP Resources Inc
Qiagen N V
Qlogic Corp
Qualcomm Inc
Quanta Services Inc
Quest Diagnostics Inc/De
Questar Corp
Quicksilver Resources Inc
Qwest Communications International
Radioshack Corp
Ralcorp Holdings Inc
Rambus Inc
Range Resources Corp
Raven Industries Inc
Raymond James Financial Inc
Rayonier Inc
Raytheon Co
Realty Income Corp
Red Hat Inc
Regal Entertainment Group
Regal-Beloit Corp
Regency Centers Corp
Regeneron Pharmaceuticals Inc
Regions Financial Corp
Reinsurance Group Of America I
Reliance Steel & Aluminum Co
Renaissance Re Holdings Ltd
Republic Services Inc
Resmed Inc
Resources Connection Inc
Reynolds American Inc
Robert Half International Inc
Rockwell Automation Inc
Rockwell Collins Inc
Rofin-Sinar Technologies Inc
Shares
Coupon rate
6,700.000
205.000
190.000
5,650.000
400.000
400.000
800.000
500.000
600.000
800.000
1,900.000
200.000
300.000
3,700.000
600.000
1,700.000
7,410.000
523.000
2,447.000
600.000
1,200.000
10,400.000
1,000.000
2,500.000
1,800.000
2,700.000
300.000
1,700.000
5,700.000
1,800.000
500.000
1,200.000
600.000
17,820.000
400.000
28,940.000
800.000
500.000
600.000
400.000
6,300.000
500.000
200.000
400.000
600.000
2,450.000
3,650.000
300.000
1,400.000
400.000
700.000
300.000
139.000
300.000
200.000
4,300.000
300.000
300.000
200.000
1,200.000
600.000
4,325.000
600.000
600.000
500.000
600.000
3,850.000
Maturity date
Cost
$
44
68,288 13,030 3,698 90,227 15,326 25,312 20,144 16,450 25,080 7,524 124,070 18,582 9,157 12,958 42,294 47,164 584,236 67,589 572,922 19,533 36,096 135,063 39,383 50,850 25,488 89,613 7,202 150,124 105,148 55,494 47,193 14,124 18,338 412,216 8,608 1,174,946 16,152 29,016 9,178 5,680 33,121 11,938 13,436 9,186 29,448 73,606 66,849 14,463 84,014 13,060 21,781 5,397 7,878 11,835 4,909 37,797 15,269 11,328 11,441 36,528 19,002 75,201 33,246 15,746 30,210 39,603 100,856 Fair value
344,112 9,364 3,488 48,364 15,940 23,128 15,392 11,940 20,682 5,528 96,881 15,148 8,532 9,431 39,498 46,172 637,482 59,193 713,252 14,126 27,660 620,568 42,910 49,500 19,562 76,923 5,604 86,020 104,652 57,528 49,010 9,648 17,418 317,552 5,956 1,108,402 14,352 21,750 9,768 4,880 35,595 9,240 11,930 7,132 20,286 82,590 84,242 14,190 61,488 13,036 24,185 3,693 7,689 10,938 4,396 27,649 13,122 11,175 11,358 35,316 18,084 47,964 32,724 12,948 25,570 32,358 78,540 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
Roper Industries Inc
Rosetta Resources Inc
Ross Stores Inc
Rovi Corp
Rowan Cos Inc
Royal Caribbean Cruises Ltd
Royal Gold Inc
Rpm International Inc
RR Donnelley & Sons Co
RRI Energy Inc
Ruddick Corp
Ryder System Inc
Safeway Inc
SAIC Inc
Salesforce.Com Inc
Sandisk Corp
Sandridge Energy Inc
Sanofi-Aventis Sa
Sara Lee Corp
SBA Communications Corp
Scana Corp
Schlumberger Ltd
Schnitzer Steel Industries Inc
Scotts Miracle-Gro Co/The
Scripps Networks Interactive I
Seacor Holdings Inc
Seagate Technology
Sealed Air Corp
Sears Holdings Corp
SEI Investments Co
Sempra Energy
Senior Housing Properties Trust
Service Corp International/Us
Shaw Group Inc/The
Sherwin-Williams Co/The
Sigma-Aldrich Corp
Signet Jewelers Limited Shs
Silgan Holdings Inc
Silicon Laboratories Inc
Simon Property Group Inc
Sirius Xm Radio Inc
Skyworks Solutions Inc
SL Green Realty Corp
SLM Corp
SM Energy Co
Smithfield Foods Inc
Snap-On Inc
Solera Holdings Inc
Sonic Corp
Sonoco Products Co
Southern Co
Southern Copper Corp
Southern Union Co
Southwest Airlines Co
Southwestern Energy Co
Spectra Energy Corp
Spirit Aerosystems Holdings In
Sprint Nextel Corp
SPX Corp
St Joe Co/The
St Jude Medical Inc
Stancorp Financial Group Inc
Stanley Black & Decker Inc
Staples Inc
Starbucks Corp
Starwood Hotels & Resorts Worl
State Street Corp
Shares
Coupon rate
340.000
4,600.000
443.000
400.000
400.000
500.000
200.000
500.000
800.000
1,300.000
2,400.000
200.000
1,400.000
16,100.000
4,900.000
800.000
1,300.000
22,150.000
2,400.000
400.000
400.000
4,926.940
100.000
200.000
300.000
100.000
1,800.000
600.000
165.000
500.000
900.000
500.000
900.000
300.000
350.000
439.000
300.000
3,600.000
200.000
1,060.000
14,000.000
600.000
300.000
1,700.000
3,150.000
500.000
200.000
300.000
4,900.000
400.000
3,000.000
600.000
400.000
2,700.000
1,256.000
2,400.000
400.000
10,600.000
200.000
300.000
13,620.000
200.000
600.000
28,430.000
2,700.000
700.000
1,800.000
Maturity date
Cost
$
45
20,771 106,114 21,449 15,044 12,690 17,325 9,516 11,208 17,880 5,272 75,718 9,148 37,520 276,067 429,938 30,072 8,903 802,058 34,104 14,140 15,644 333,652 5,437 9,708 13,296 8,518 35,172 13,848 17,880 8,276 45,135 11,123 8,640 11,334 26,197 24,834 10,202 87,336 10,084 92,139 15,449 10,574 18,684 12,846 121,506 10,022 9,684 11,254 58,930 13,114 103,374 18,930 10,542 36,704 51,069 55,776 9,256 43,460 13,512 10,721 552,599 9,888 37,218 654,699 68,553 35,035 81,035 Fair value
19,747 90,620 21,986 17,404 10,284 12,280 9,814 8,450 12,104 4,511 77,688 7,674 26,306 239,568 538,412 26,504 5,252 633,712 34,656 14,320 15,612 262,754 4,424 9,446 12,054 7,867 18,252 12,306 10,223 8,850 45,828 11,750 6,921 9,720 24,633 23,342 7,932 107,604 7,628 95,877 13,384 10,692 18,084 18,785 119,669 8,065 8,246 11,904 37,583 12,580 110,070 18,138 9,000 29,835 41,096 48,816 7,736 43,036 11,212 7,224 470,843 7,126 32,184 505,201 62,046 32,711 63,144 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
Steel Dynamics Inc
Stericycle Inc
Strayer Education Inc
Stryker Corp
Suncor Energy Inc
Sunoco Inc
Sunpower Corp
Suntrust Banks Inc
Superior Energy Services Inc
Supervalu Inc
SXC Health Solutions Corp
Symantec Corp
Symetra Financial Corp
Synopsys Inc
Synovus Financial Corp
Sysco Corp
T Rowe Price Group Inc
Talecris Biotherapeutics Holdi
Talisman Energy Inc
Target Corp
Taubman Centers Inc
TCF Financial Corp
TD Ameritrade Holding Corp
Tech Data Corp
Techne Corp
Teco Energy Inc
Teekay Corporation Com
Teleflex Inc
Telephone & Data Systems Inc
Tellabs Inc
Temple-Inland Inc
Tempur-Pedic International Inc
Tenet Healthcare Corp
Teradata Corp
Teradyne Inc
Terex Corp
Tesoro Corp
Texas Capital Bancshares Inc
Texas Instruments Inc
Textron Inc
TFS Financial Corp
Thermo Fisher Scientific Inc
Thomas & Betts Corp
Thomson Reuters Corp
Thor Industries Inc
Thoratec Corp
Tibco Software Inc
Tidewater Inc
Tiffany & Co
Time Warner Cable Inc
Time Warner Inc
Timken Co
Titanium Metals Corp
Tjx Cos Inc
Toll Brothers Inc
Torchmark Corp
Toro Co/The
Total Sa
Total System Services Inc
Towers Watson & Co
Tractor Supply Co
Transatlantic Holdings Inc
Transdigm Group Inc
Travelers Cos Inc/The
Trimble Navigation Ltd
Trinity Industries Inc
TRW Automotive Holdings Corp
Shares
Coupon rate
800.000
300.000
50.000
1,100.000
5,000.000
400.000
400.000
1,800.000
300.000
800.000
100.000
3,000.000
100.000
500.000
46,710.000
2,200.000
14,110.000
200.000
25,000.000
2,700.000
200.000
500.000
800.000
200.000
1,585.000
800.000
200.000
149.000
300.000
1,500.000
400.000
3,600.000
1,800.000
600.000
600.000
400.000
500.000
5,400.000
26,550.000
6,500.000
300.000
1,500.000
200.000
1,400.000
100.000
200.000
13,550.000
200.000
459.000
1,300.000
4,100.000
300.000
300.000
1,500.000
500.000
300.000
100.000
5,000.000
600.000
150.000
2,232.000
200.000
148.000
7,700.000
2,900.000
300.000
300.000
Maturity date
Cost
$
46
13,296 16,725 12,925 63,723 157,960 12,098 7,176 53,496 7,203 13,044 7,401 51,330 1,408 11,620 149,381 71,087 789,457 4,387 426,713 92,447 8,543 8,181 16,392 8,772 93,746 13,396 5,311 9,307 10,526 12,600 9,529 72,915 11,178 18,366 7,317 10,446 6,418 100,386 722,764 144,150 4,301 80,341 8,250 52,223 3,366 8,777 126,726 10,133 23,124 68,419 101,511 9,768 4,805 50,892 10,830 16,583 5,416 262,874 9,840 6,083 84,533 10,226 8,017 378,688 60,954 7,571 10,149 Fair value
10,936 19,650 7,232 47,509 151,300 13,472 4,316 40,518 6,450 7,776 7,780 40,890 1,074 11,430 96,223 60,478 617,877 4,396 392,000 138,132 8,298 7,140 11,696 7,244 91,502 13,504 4,862 7,161 8,667 10,650 6,372 96,480 7,056 19,644 5,388 7,284 5,614 82,620 611,181 110,955 2,754 63,180 7,390 48,720 2,334 6,440 196,312 8,016 18,190 67,041 122,918 9,813 5,448 59,535 8,644 14,805 4,990 233,250 8,520 6,735 151,731 9,534 8,568 377,223 81,577 5,136 10,428 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
Tupperware Brands Corp
TW Telecom Inc
Tyco International Ltd Shs
Tyson Foods Inc
UAL Corp
UDR Inc
UGI Corp
Ulta Salon Cosmetics & Fragrance
Ultra Petroleum Corp
Umpqua Holdings Corp
Union Pacific Corp
Unit Corp
United Parcel Service Inc
United States Cellular Corp
United States Steel Corp
United Technologies Corp
United Therapeutics Corp
Unitedhealth Group Inc
Unitrin Inc
Universal Health Services Inc
Unum Group
Urban Outfitters Inc
URS Corp
US Bancorp
USG Corp
UTI Worldwide Inc Shs
Valeant Pharmaceuticals Intern
Valero Energy Corp
Validus Holdings Ltd Com Shs
Valley National Bancorp
Valmont Industries Inc
Valspar Corp
Varian Medical Systems Inc
Varian Semiconductor Equipment
Vca Antech Inc
Vectren Corp
Ventas Inc
Verisign Inc
Verisk Analytics Inc
Verizon Communications Inc
Vertex Pharmaceuticals Inc
VF Corp
Viacom Inc
Virgin Media Inc
Visa Inc
Vishay Intertechnology Inc
Vishay Precision Group Inc
Vistaprint Nv
VMware Inc
Vodafone Group Plc
Vornado Realty Trust
Vulcan Materials Co
Wabco Holdings Inc
Wabtec Corp/De
Waddell & Reed Financial Inc
Walgreen Co
Wal-Mart Stores Inc
Walt Disney Co/The
Walter Energy Inc
Warnaco Group Inc/The
Warner Chilcott Plc Class A
Washington Federal Inc
Washington Post Co/The
Waste Connections Inc
Waste Management Inc
Waters Corp
Watson Pharmaceuticals Inc
Shares
Coupon rate
200.000
600.000
1,800.000
1,100.000
600.000
600.000
400.000
4,700.000
600.000
8,500.000
1,832.000
100.000
2,600.000
56.000
500.000
3,400.000
200.000
4,100.000
200.000
300.000
11,200.000
442.000
300.000
22,250.000
200.000
7,450.000
200.000
2,100.000
300.000
630.000
100.000
400.000
447.000
300.000
300.000
300.000
600.000
700.000
400.000
10,200.000
700.000
300.000
17,600.000
1,200.000
1,700.000
700.000
50.000
160.000
270.000
20,950.000
600.000
463.000
200.000
200.000
300.000
3,500.000
15,400.000
7,100.000
200.000
2,150.000
300.000
400.000
20.000
300.000
1,800.000
336.000
400.000
Maturity date
Cost
$
47
8,021 10,722 66,822 22,231 12,572 12,204 10,834 68,385 27,344 108,032 140,989 4,709 177,112 2,384 28,990 230,411 11,179 124,066 4,481 10,797 254,238 16,982 15,455 603,215 4,224 100,575 8,302 40,383 7,926 10,052 8,490 12,282 24,767 10,305 8,469 7,437 27,648 19,184 11,264 282,888 27,545 25,301 621,945 22,707 158,323 6,765 760 7,834 17,098 484,433 47,784 25,202 6,424 9,678 11,375 24,683 633,641 259,539 18,492 72,473 7,138 8,376 10,802 10,485 63,234 23,197 17,278 Fair value
7,868 10,521 67,104 18,018 12,722 12,348 11,040 106,690 23,406 88,145 133,626 3,407 165,880 2,348 21,245 221,714 9,244 130,052 4,760 9,420 224,560 13,401 10,701 462,800 2,434 104,300 11,538 33,117 7,641 8,209 6,703 12,048 23,798 7,446 5,928 7,362 30,306 20,363 11,128 301,206 23,317 21,171 552,992 24,960 117,266 5,383 725 4,909 21,173 506,990 48,636 17,020 7,052 8,506 6,903 94,080 772,156 231,034 14,408 90,042 8,526 5,712 7,205 11,325 59,562 20,335 17,228 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
Weatherford International Ltd
WebMD Health Corp
Weight Watchers International
Weingarten Realty Investors
Wellpoint Inc
Wells Fargo & Co
Wendy’S/Arby’S Group Inc
Wesco International Inc
Westar Energy Inc
Western Digital Corp
Western Union Co/The
Weyerhaeuser Co
Whirlpool Corp
White Mountains Ins Grp Inc
Whiting Petroleum Corp
Whole Foods Market Inc
Williams Cos Inc/The
Williams-Sonoma Inc
Wilmington Trust Corp
Windstream Corp
Wisconsin Energy Corp
Wms Industries Inc
WR Berkley Corp
WW Grainger Inc
Wyndham Worldwide Corp
Wynn Resorts Ltd
Xcel Energy Inc
Xerox Corp
Xilinx Inc
XL Group Plc
Yahoo! Inc
Yum! Brands Inc
Zebra Technologies Corp
Zimmer Holdings Inc
Zions Bancorporation
Shares
Coupon rate
2,700.000
200.000
100.000
400.000
1,450.000
37,700.000
1,300.000
4,350.000
400.000
800.000
2,400.000
2,162.338
270.000
30.000
200.000
500.000
2,200.000
300.000
300.000
1,700.000
400.000
200.000
500.000
230.000
700.000
250.000
1,700.000
4,900.000
1,000.000
1,300.000
10,000.000
1,700.000
200.000
700.000
600.000
Maturity date
Cost
$
Total equity securities
Equities commingled funds/lp interest:
Cougar Investment Fund
Total equities commingled
funds/lp interest
Global equities (excluding United States):
Silchester International
William Blair
Aberdeen Emerging Mrkts Instl
Total global equities
(excluding United States)
Absolute return investments:
Davidson Kempner Institutional
Crestline Offshore Fund
Whippoorwill Distressed
Mason Capital Ltd
Oz Overseas Fund
Total absolute return investments
48
Fair value
39,402 9,565 2,712 9,150 85,028 1,127,900 7,072 153,939 9,168 32,234 41,856 61,976 26,668 10,765 16,849 28,335 52,096 9,186 5,831 18,862 20,664 9,346 13,883 24,572 18,494 21,422 36,737 51,940 27,222 25,857 169,258 73,287 6,100 42,155 17,322 40,257 10,188 2,852 8,072 72,004 887,835 5,083 140,418 9,588 19,326 37,632 33,949 20,023 9,107 16,968 17,395 39,886 7,788 2,640 19,567 22,296 7,068 13,175 24,332 16,233 20,153 37,927 41,381 24,140 23,283 131,090 70,890 5,724 33,019 11,031 88,748,650 84,931,953 500,000 500,320 500,000 500,320 40,274,225 59,021,285 5,000,000 45,354,073 44,895,863 5,127,485 104,295,510 95,377,421 6,274,257 10,953,598 7,438,704 8,000,000 8,000,000 8,487,530 12,263,822 7,141,107 8,069,921 8,000,000 40,666,559 43,962,380 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Noncurrent Investments
Year ended August 31, 2010
Issuer
Shares
Coupon rate
Inflation hedge investments:
Morgan Stanley Institutional
Berwind Property Group VII
BPG Investment Partnership VIII
Newlin Realty Partners Llc
Newlin Realty Ptrs II Lp
Salient Trust
Sustainable Woodlands Fund
Hedgenergy Offshore Fund
Wellington DIH
Absolute Plus Mgt Hgc
Real Estate Holding
Maturity date
Cost
$
Total inflation hedge investments
Hedged equity investments:
Barlow Partners Offshore Ltd
York Instl Partners Lp
Scout Capital Fund Ltd
Coatue Offshore Fund Ltd
Total hedged equity investments
Private equity/venture capital investments:
Harbourvest Partners IV
Harbourvest Intl Private Eq-Direct
Harbourvest Intl Private-Partnership
Commonfund Capital Intl VI
Commonfund Private Eq Part VII
Commonfund Capital Venture VIII
Encap Energy Capital Fund VII
Fisher Lynch Venture Partners
Fisher Lynch Buyout
Total private equity/venture
capital investments
Total
Less short-term investments
Total noncurrent investments
$
See accompanying independent auditors’ report.
49
Fair value
4,709,236 2,545,722 2,565,569 3,786,445 1,498,228 5,180,119 4,019,416 3,542,000 15,779,407 4,079,252 1,326,667 3,021,225 2,094,000 1,468,907 1,999,925 1,008,479 5,260,655 5,782,720 3,255,518 15,820,570 4,415,935 4,038,292 49,032,061 48,166,226 32,988,307 13,000,000 6,000,000 6,000,000 38,611,491 18,317,529 5,892,943 6,303,107 57,988,307 69,125,070 423,647 18,251 173,621 1,568,099 1,174,820 861,096 6,555,047 713,443 688,633 216,364 7,059 126,987 1,633,162 1,279,881 972,647 7,125,740 732,842 655,173 12,176,657 12,749,855 420,100,612 424,482,933 (6,390,150) (6,403,925) 413,710,462 418,079,008 UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Net Assets
beginning of
year
Endowment Name
Cullen Roy & Lillie
UH Core Pool Quasi Endowment
Bauer, C.T.
General Endowment
Hugh Roy &Lillie Cranz Cullen Dist Chairs Prof
Moores Presidential Priorities
Moores Univ Priority
Mitchell, Cynthia Woods Center
Hirsch, Winifred & Maurice
Melrose Thompson
Melcher, Leroy & Lucille
UHCL Core Pool Quasi Endowment
Jones, Jesse Quasi
UH Downtown Core Pool Quasi Endowment
M. D. Anderson Foundation
UH Tier One Scholarship Quasi Endowment
A UH TierOne Scholarship Endowment
Mitchell
Endowment Plus
School Of Music Quasi
Welch Foundation
Welch Foundation Chair
System Core Pool Quasi Endowment
Franklin, Thomas & Richard Quasi
Superconductivity Quasi
Edmonds Foundation UHD
System Matching
Japan Shipbuilding
Hines, Gerald
TLL Temple Foundation Chair
Cullen Eng Schol
Edmonds Foundation -UH
Cullen Trust Dist Sci
Welch Foundation, Chemistry
Athletics Scholarships
Jones Scholarships
Moores Fellowships
Wortham Chair
Alkek
UH Victoria Core Pool Quasi Endowment
Moores TCSUH
Moores Library Quasi
Welch Chair in Chemistry – Grant E0044
Carolyn Grant Fay
African American Studies
Cullen Fndn Chair Creative Writing
Johnson Foundation
Cain Scholarship – UH
Hispanic Literature Chair
Hobby Center for Public Policy Quasi Endowment
SICSA/Japan Shipbuilding
Cullen Leadership
Elvira Dell Krause
Enron Teaching Award
Faculty Development
Cullen Graduate Scholarships
$
42,901,522 — 22,635,488 22,871,157 19,033,437 18,167,369 15,437,270 13,734,983 9,866,603 8,821,367 5,984,621 — 5,451,979 — 4,318,118 7,000,000 — 4,039,087 4,244,075 3,890,850 3,750,076 3,578,853 46,254,418 3,251,070 3,224,838 3,182,023 3,103,532 2,807,981 2,438,863 2,628,081 2,618,302 2,528,488 1,608,218 2,307,993 2,146,297 1,864,196 1,818,675 1,748,223 1,729,926 — 1,560,186 1,560,186 1,363,805 1,427,228 1,323,162 1,154,444 1,176,383 1,156,089 1,093,759 — 982,434 995,832 926,863 986,764 971,412 955,773 Contributions
received
Net return
on investments
— 31,100,120 — 2,971 — — — — 145,341 480,315 — 5,391,552 — 4,789,393 — (2,648,613) 4,000,000 115,540 — — — — (42,897,883) — — — — — 225,000 — — — 750,000 — — — — — — 1,616,818 — — 12,414 — — — — — — 1,021,507 — — — — — — 3,353,043 2,286,620 1,716,303 1,787,547 1,487,591 1,419,708 1,168,727 1,027,666 764,150 714,933 467,739 396,411 426,109 352,139 344,620 345,698 306,166 333,357 331,658 294,921 277,079 285,621 246,785 254,093 252,043 248,697 235,217 224,099 209,134 205,402 204,638 197,652 187,930 184,196 167,748 145,700 142,142 136,635 135,205 118,876 121,939 121,939 182,310 108,182 100,294 87,399 91,706 90,356 82,905 78,188 74,485 77,831 70,249 77,122 75,922 74,700 50
Reductions
Return to
principal
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — Total
additions
3,353,043 33,386,739 1,716,303 1,790,518 1,487,591 1,419,708 1,168,727 1,027,666 909,491 1,195,248 467,739 5,787,963 426,109 5,141,532 344,620 (2,302,915) 4,306,166 448,898 331,658 294,921 277,079 285,621 (42,651,098) 254,093 252,043 248,697 235,217 224,099 434,134 205,402 204,638 197,652 937,930 184,196 167,748 145,700 142,142 136,635 135,205 1,735,694 121,939 121,939 194,723 108,182 100,294 87,399 91,706 90,356 82,905 1,099,695 74,485 77,831 70,249 77,122 75,922 74,700 Income
distribution
2,139,662 — — 1,140,429 949,270 906,000 — — — — 298,476 — 271,911 — 211,473 280,000 — 191,998 211,650 — 199,788 175,269 — 162,143 160,835 158,700 147,309 137,516 — 131,072 130,585 126,070 69,794 113,030 107,044 92,975 90,704 87,191 86,278 — 77,812 77,812 54,552 67,747 — — 58,568 57,659 51,918 — — 49,666 — 49,214 48,448 47,668 Institutional
advancement
802,373 — — 427,661 355,976 339,750 — — — — 111,928 — 101,967 — — — — — 79,369 — — — — 60,804 60,313 59,512 — — — 49,152 48,969 47,276 — — 40,141 34,865 34,014 32,696 32,354 — 29,180 29,180 — — — — 21,963 21,622 — — — 18,625 — 18,455 18,168 17,876 Total
reductions
2,942,035 — — 1,568,090 1,305,246 1,245,750 — — — — 410,404 — 373,878 — 211,473 280,000 — 191,998 291,019 — 199,788 175,269 — 222,947 221,148 218,212 147,309 137,516 — 180,224 179,554 173,346 69,794 113,030 147,185 127,840 124,718 119,887 118,632 — 106,992 106,992 54,552 67,747 — — 80,531 79,281 51,918 — — 68,291 — 67,669 66,616 65,544 Net assets, end
of year
43,312,530 33,386,739 24,351,790 23,093,585 19,215,783 18,341,327 16,605,997 14,762,648 10,776,094 10,016,615 6,041,956 5,787,963 5,504,210 5,141,532 4,451,266 4,417,085 4,306,166 4,295,986 4,284,713 4,185,771 3,827,367 3,689,205 3,603,319 3,282,216 3,255,732 3,212,507 3,191,441 2,894,564 2,872,997 2,653,259 2,643,386 2,552,794 2,476,354 2,379,160 2,166,859 1,882,055 1,836,099 1,764,971 1,746,500 1,735,694 1,575,133 1,575,133 1,503,977 1,467,663 1,423,455 1,241,843 1,187,557 1,167,164 1,124,746 1,099,695 1,056,919 1,005,372 997,113 996,217 980,718 964,929 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
BPA Quasi
Cain Scholarship UHD
Cullen Eng. Prof.
Jones, Jesse H. & Mary Gibbs
McMahen, Charles Chair
Alkek/Williams Chair
Baker Hughes Professorship
Edythe Bates Old Quasi
John S. Dunn Chair End
Gordon & Mary Cain Sch End
PLM Professorships
General Purpose
Kathleen O. Macnerney Library Acquisition End
Elkins Professorship
Phieffer, Eckhard Chair Quasi
Brown Fdn Research Director
Borish Chair
Urban Education Program
Urban Scholars Learners Com.
University Scholarships
William C. Miller Endowed Chair of Engineering
Honors Fellows
Moores Professorship
Houstoun Professorship
Greeman Petty Professorship
Enron Scholarship
Faculty Dev Quasi
Theresa M. Monaco Chair for the Provost
Arthur Andersen Professorship
Gillingham, W. J.
Dunn, John Professorship
BPA Health
Texas Scholars
Miller, Murray Scholarships
Bates, William Chair
Clear Lake Alumni
Madison Quasi Professorship at the Moores Sch of Music
Blaffer Gallery
Academic Priorities Endowment
Lana A. Culpepper UH Tierone Scholarship Endowment
Cizik, Jane Morin Chair
Yelderman, Pauline Chair
Ken Reese Dean’s Chair-Business
Red Rose Ball
Rockwell, Elizabeth Engineering Chair
Evans, Emily Scott Professorship
African Amer Studies, Chair in Creative Writing
Trust Investment
Hearst, W.R.
Rockwell, Elizabeth Education Chair
Rockwell Foundation
Lanier, Robert Chair
Hart, David
HRM Facility Improv. Quasi
Bill Cook Faculty
Melcher, Lucille Endow
$
Reductions
Net Assets
beginning of
year
930,191 943,519 Contributions
received
— — Net return
on investments
69,613 73,742 Return to
principal
— — Total
additions
69,613 73,742 Income
distribution
43,854 47,057 Institutional
advancement
— 17,646 Total
reductions
43,854 64,703 Net assets, end
of year
955,949 952,558 942,350 873,636 868,359 860,502 906,081 866,173 783,452 781,371 836,468 801,960 742,259 792,240 733,166 659,941 590,257 716,065 682,298 687,362 391,726 640,236 664,502 668,869 631,989 643,529 640,324 606,168 622,531 607,670 587,107 589,660 534,945 563,392 529,529 501,378 — 532,549 — — 487,554 464,412 488,133 469,074 452,031 448,019 432,166 460,012 424,557 423,186 449,756 419,663 378,823 406,603 437,810 404,101 — — — — — — — — 150 — — — — 59,000 146,375 — — 1,615 250,000 — — — 17,009 — — — — — — — — — — 1,000 500,000 — 500,000 500,000 — — — — — — — — — — — — 40,000 — — — 73,651 66,220 65,836 65,230 72,156 65,655 71,229 71,365 65,387 62,670 64,322 61,919 55,086 56,632 57,573 54,277 51,345 52,356 55,153 48,529 50,368 52,277 51,727 48,779 50,046 74,532 49,660 47,494 44,498 46,086 40,457 44,033 42,212 38,171 37,719 41,622 36,980 36,980 36,956 35,202 38,054 42,984 34,263 33,956 32,758 35,953 32,156 32,080 35,151 31,806 31,864 30,820 33,214 30,606 — — — — — — — — — — — — — — — — 16,255 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 73,651 66,220 65,836 65,230 72,156 65,655 71,229 71,365 65,537 62,670 64,322 61,919 55,086 115,632 203,947 54,277 67,599 53,971 305,153 48,529 50,368 52,277 68,736 48,779 50,046 74,532 49,660 47,494 44,498 46,086 40,457 44,033 42,212 39,171 537,719 41,622 536,980 536,980 36,956 35,202 38,054 42,984 34,263 33,956 32,758 35,953 32,156 32,080 35,151 31,806 71,864 30,820 33,214 30,606 46,999 — — — 45,427 41,115 — — 41,718 39,993 — 39,512 — — 36,738 33,990 32,509 32,449 — — 31,542 33,359 30,951 30,547 31,935 36,589 30,483 30,307 27,867 29,409 — 28,098 25,919 — — 26,560 — — — — 24,265 17,854 — — — 22,943 — — 22,431 — — — 36,000 — 17,624 — — — 17,035 — — — 15,644 14,998 — 14,817 — — 13,777 — — — — — — 12,510 — — 11,976 — — 11,365 — 11,028 — 10,537 — — — 9,960 — — — — 9,099 6,695 — — — 8,604 — — 8,412 — — — — — 64,623 — — — 62,462 41,115 — — 57,362 54,991 — 54,329 — — 50,515 33,990 32,509 32,449 — — 31,542 45,869 30,951 30,547 43,911 36,589 30,483 41,672 27,867 40,437 — 38,635 25,919 — — 36,520 — — — — 33,364 24,549 — — — 31,547 — — 30,843 — — — 36,000 — 951,378 939,856 934,196 925,731 915,775 890,712 854,681 852,736 844,643 809,639 806,581 799,830 788,252 775,573 743,689 736,351 717,389 708,883 696,879 688,765 683,328 675,276 669,774 661,760 646,458 644,111 641,708 613,492 603,738 595,308 575,402 568,789 545,821 540,549 537,719 537,652 536,980 536,980 524,510 499,614 492,823 487,509 486,294 481,975 464,924 464,419 456,712 455,267 454,064 451,468 450,687 437,423 435,024 434,707 51
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Elizabeth D. Rockwell Chair
Ambassador Kenneth Franzheim II End
Fiesta/Accounting
Edwards
Autrey
Taylor, Josie B Quasi
Eugene H Hughes Sch
KPMG/Peat Marwick
Rockefeller Fndn Hisp. Lit Quasi
Dow Professorship
Wood Family
Sheriff, Margaret & Robert/Seismology
Jessie & Mary Jones
West, Neva & Wesley
UH Quasi
UH System Quasi
International Paper
Lilie Family Baseball Schol Endow
Hurley, Marvin Professorship
Delphian Scholarships
Kenneth Lay Economics Prof
Athletics Scholarship Quasi Endowment
John A. Beck
Perry, Bob Mexican American
Cullinan
Kenneth Lay Professorship
Temple – TCSUH
Hearst, William Randolph
Temple-Honors Coll
KUHT
Duncan Professorship
Melcher Violin
Hughes, Ruth
Chevron Scholarship Endowment
Comp. Sci & Eng, Profship Quasi
MIS Professorship Quasi
Grinaker, Robert Professorship
Farfel Lecture
Daniels, Howard
American Petroleum Inst
O’Leary, Mr. & Mrs. John
Wyllys K & Becky Bliss Schol Endowment
Houston Livestock
Joel Sailors Fac Fellow Economic
Lence Distinguished Chair
Hope Center Endowment
Spe-Gulf Coast Section College End Professorship
American Book Review Endowment
Hou International Materials Forum
Perkins, Robert B
Cain Scholarship For Teaching
William Douglas Allums C.T. Bauer Business End
William Douglas Allums Athletic Endowment
William Douglas Allums Band Endowment
School Of Educ Devel.
Woody Williams End Sch
$
Reductions
Net Assets
beginning of
year
399,183 398,891 419,165 413,313 Contributions
received
— — — — Net return
on investments
30,234 30,371 32,761 32,303 Return to
principal
— — — — Total
additions
30,234 30,371 32,761 32,303 Income
distribution
— — 20,905 20,614 Institutional
advancement
— — 7,840 7,730 Total
reductions
— — 28,745 28,344 Net assets, end
of year
429,416 429,262 423,181 417,273 403,386 402,574 377,283 385,621 358,921 378,524 360,905 367,170 351,985 351,586 333,944 333,944 354,792 351,257 351,040 348,608 344,231 343,864 336,944 319,854 339,180 325,341 324,210 303,870 322,858 304,126 320,018 295,857 308,836 314,051 293,649 293,511 307,016 305,111 283,301 284,278 295,576 178,361 275,139 178,264 254,818 250,424 — 226,207 247,238 189,072 247,061 238,707 238,707 238,707 226,615 232,998 — — — — — — 10,000 — — — — — — — — — — — — — — — — — — — — — — — — — — — 15,750 10,000 — 94,061 — 82,873 — — 250,000 21,175 — 48,918 — — — — 9,000 — 31,527 31,433 28,576 30,110 27,205 29,584 29,147 28,697 26,680 26,650 25,310 25,310 27,729 27,453 27,436 27,246 26,904 26,875 25,540 24,246 26,509 25,428 25,339 22,801 25,234 21,721 25,012 22,408 23,411 24,545 22,258 22,246 23,941 23,847 23,339 22,521 23,101 20,791 21,958 20,528 19,315 19,085 19,337 19,715 18,651 20,714 20,142 27,046 27,046 27,046 18,267 17,745 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 31,527 31,433 28,576 30,110 27,205 29,584 39,147 28,697 26,680 26,650 25,310 25,310 27,729 27,453 27,436 27,246 26,904 26,875 25,540 24,246 26,509 25,428 25,339 22,801 25,234 21,721 25,012 22,408 23,411 24,545 22,258 22,246 23,941 23,847 39,089 32,521 23,101 114,853 21,958 103,401 19,315 19,085 269,337 40,890 18,651 69,632 20,142 27,046 27,046 27,046 27,267 17,745 20,118 20,067 — 19,202 — 18,878 17,550 18,312 16,708 16,689 — — 17,695 17,519 17,508 17,386 17,168 17,150 15,994 — 16,916 16,226 16,170 — 16,102 — 15,961 — 14,660 15,663 — — 15,254 15,217 13,293 13,215 14,742 8,078 13,474 — — — — — — — 10,641 9,548 9,548 9,548 — — 7,544 7,525 — 7,201 — 7,079 6,581 6,867 — — — — 6,636 6,569 6,565 6,520 6,438 6,431 — — 6,344 6,085 6,064 — 6,038 — 5,985 — — 5,874 — — 5,720 5,706 4,985 — 5,528 — — — — — — — — — — — — — — — 27,662 27,592 — 26,403 — 25,957 24,131 25,179 16,708 16,689 — — 24,331 24,088 24,073 23,906 23,606 23,581 15,994 — 23,260 22,311 22,234 — 22,140 — 21,946 — 14,660 21,537 — — 20,974 20,923 18,278 13,215 20,270 8,078 13,474 — — — — — — — 10,641 9,548 9,548 9,548 — — 407,252 406,414 405,859 389,328 386,126 382,152 375,921 370,688 361,957 361,547 359,253 359,253 358,190 354,622 354,404 351,948 347,529 347,158 346,490 344,101 342,429 328,458 327,315 326,671 325,952 325,847 323,084 318,265 317,588 317,059 315,908 315,757 309,983 308,035 304,113 303,585 298,407 285,136 283,623 281,665 274,132 269,509 269,337 267,097 265,889 258,705 256,561 256,205 256,205 256,205 253,882 250,743 52
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Price Waterhouse Professorship
Martel Professorship
Mont H. Jr. & Jane Goldston End Grad Fellowship
Dr. Fernando J. Zuniga Y Rivero Doctoral Fellowship
Univ. Stud. Loan
Graham Professorship in Econ
Bauer Family Fndn.
Baldwin, R.W.
Fondren Professorship in Finance Endowment
Johnson Fnd. Professorship
Gordon, Harry
Charles T Bauer Schol Endow
Ryan, Julie Scholarship
Gordon, Aron
100 Club Criminal Justice
Houston Jr C Of C
Franzheim, Kenneth
JP Morgan Chase Professorship
William W. & Georgia Bryan Sch End
Holder, Cecil & Louise
Dist Faculty Award
Carlson Nelson Scholarship
Blakely, Newell Professorship
Lilie, Glenn & Judith Dean’s Leadership
UH System Fellowship Quasi Endowment
Mieszkuc Professorship
University Endow UHV
S.T.E.P Scholarship Endow
Flaxman Art Scholarship
Shearne, Major Charles PES
Logistics Tech Fund Endow
Removing Educational Barriers
Green Book Fund
Schissler Foundation
Farfel, Esther Faculty Awards
Ross M. Lence Teacher in Residency Program End
Henderson, Sen. Don Quasi
Agrawal, Durga & Sushila
Paul G. Smith, Jr. Sch End
Engel, Mel Athletics
Conoco Phillips Library Fund
Sondock, Judge Ruby Lecture
Lienhart Engines of Ingenuity
Mark G. Papa Leadership Excellence Fund End
Marian & Samuel W. Spain End for Grad or UGR Students in Music
Greater TX Removing Barriers
Tracey, Ethel Lee
Conn Appliances
The Minute Maid Company Foundation
Tomatz, David & Ann
Removing Educational Barriers
Sandy Johnson/Barrios Technology, Ltd. End
Houston Restaurant Assoc.
C T Bauer Part Time MBA Sch End
Wismer, M.L.
Prudential
$
Reductions
Net Assets
beginning of
year
247,122 227,912 — — 239,516 233,830 Contributions
received
— — 225,000 225,000 — — Net return
on investments
19,291 17,275 17,585 17,347 18,702 18,276 Return to
principal
— — — — — — Total
additions
19,291 17,275 242,585 242,347 18,702 18,276 Income
distribution
12,300 — — — 11,939 11,663 Institutional
advancement
4,612 — — — 4,477 4,374 Total
reductions
16,912 — — — 16,416 16,037 Net assets, end
of year
249,501 245,188 242,585 242,347 241,802 236,070 216,998 229,704 129,614 213,487 226,212 212,197 205,939 213,396 135,127 198,774 198,318 206,771 191,268 159,764 188,750 188,288 198,878 184,422 195,060 181,926 192,615 178,241 189,548 67,567 161,122 172,410 182,562 181,430 179,566 140,071 172,333 157,865 157,153 167,172 166,859 165,712 139,729 155,159 152,954 152,433 155,509 161,244 160,415 150,207 149,671 114,540 154,581 145,661 147,328 152,229 — — 83,334 — — — — 50 65,000 8,000 — — — 30,000 — — — — — 25 — 250 — 109,995 13,426 — — — — 26,550 — 200 — — — — 15,675 — — — 2,500 — — — — 30,000 — — 2,000 — 16,447 17,953 18,303 16,030 17,680 16,115 15,610 16,682 14,907 15,769 20,080 16,161 13,844 14,233 13,948 14,241 15,544 13,977 15,243 13,528 15,054 13,543 14,814 13,515 13,245 13,296 14,268 14,034 14,034 12,364 13,761 11,981 11,965 13,066 13,041 12,951 11,875 11,862 11,071 11,071 12,240 12,633 12,538 11,377 11,275 14,859 11,708 11,082 11,337 11,898 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 2,856 — — — — 16,447 17,953 101,637 16,030 17,680 16,115 15,610 16,732 79,907 23,769 20,080 16,161 13,844 44,233 13,948 14,241 15,544 13,977 15,243 13,553 15,054 13,793 14,814 123,510 26,671 13,296 14,268 14,034 14,034 38,914 13,761 12,181 11,965 13,066 13,041 12,951 27,550 11,862 11,071 11,071 14,740 12,633 12,538 11,377 11,275 47,715 11,708 11,082 13,337 11,898 — 11,456 — — 11,282 — — 10,643 — 9,095 5,531 10,312 — — — — 9,919 — 9,728 — 9,606 — 9,453 — — — 9,105 8,628 8,956 — 8,495 — — 8,337 8,322 8,265 — — — — 6,970 8,039 8,001 — — 2,856 7,179 — 6,967 7,592 — 4,296 — — 4,231 — — 3,991 — — — 3,867 — — — — 3,720 — 3,648 — 3,602 — 3,545 — — — 3,414 3,235 3,358 — — — — 3,127 3,121 3,099 — — — — — 3,014 3,000 — — — — — — 2,847 — 15,752 — — 15,513 — — 14,634 — 9,095 5,531 14,179 — — — — 13,639 — 13,376 — 13,208 — 12,998 — — — 12,519 11,863 12,314 — 8,495 — — 11,464 11,443 11,364 — — — — 6,970 11,053 11,001 — — 2,856 7,179 — 6,967 10,439 233,445 231,905 231,251 229,517 228,379 228,312 221,549 215,495 215,034 213,448 212,867 208,752 205,113 203,997 202,699 202,529 200,782 198,399 196,927 195,479 194,461 192,035 191,364 191,077 187,793 185,706 184,312 183,601 181,287 178,985 177,599 170,045 169,119 168,773 168,457 167,300 167,278 167,020 164,025 163,504 163,279 162,823 161,951 161,584 160,946 159,399 159,110 156,744 153,698 153,688 53
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Grant, Richard
Fred Parks Wine Cellar
Center Public Policy Quasi
Cullen (Math)
Cullen (Phy)
Cullen (Chem)
Gordon, H & B.Davis
Maresh, Thelma Burnett Schol.
Honors Program Quasi
Johnson Philip Quasi
Lekkos, Barbara Computing
Four Seasons Hotel
Pharmacy
Look, Mary
Architecture Alumni
Les Dames Escoffier
School Of Music Quasi
Underwood, American Humanics
MacNaughton, John
Benner, Charles
Dept of Economics Professorship
Margin For Excellence
C T Bauer Full Time Undergrad
Crowther, James
HRM Houston Livestock
Old, Edith Bates Prof. Quasi
Keeper, Cele & Samuel Prof
Robert & Margaret Sheriff End/Geophysics
McGovern Lectureship End
Cannata, Jack & Betty
Greater Texas Fdn End Sch for TeachHouston
Symons, Virgina Thompson Envir Eng
Stewart, Dr. Charles
HRM Dean’s Scholarship
Sachnowitz, Larry J Prof Mrkting
Thomas & Laura HSU Profess End
Perkins/Christie
Cemo, Michael Professorship
Latting, Jean Professorship
Kevin McDaid-Vision Source Prof
Sobrina/Hyer
Allen, James Quasi
School Of Educ. Scholarship
Garwood, W. St. John
Tamer, Mary Elizabeth
Grover, Blanche
Howard Greenwood Ath Football Schol Endow
Wells Fargo
Thomas & Vera Stufflebeen
Lee, Albert
Food & Beverage Mgrs
Bell, Larry Space Architecture
Gerson & Sabina David End Prof
Greater Houston Hotel
Forehand, Larry
Henley, Ernest & Barbara Prof
$
Reductions
Net Assets
beginning of
year
152,194 142,619 151,331 151,308 150,658 150,658 148,894 48,703 Contributions
received
— — — — — — — 91,126 Net return
on investments
11,891 10,810 11,828 11,826 11,775 11,775 11,637 10,243 Return to
principal
— — — — — — — — Total
additions
11,891 10,810 11,828 11,826 11,775 11,775 11,637 101,369 Income
distribution
7,589 — 7,547 7,546 7,514 7,514 7,426 — Institutional
advancement
2,846 — 2,830 2,830 2,818 2,818 2,785 — Total
reductions
10,435 — 10,377 10,376 10,332 10,332 10,211 — Net assets, end
of year
153,651 153,429 152,781 152,757 152,101 152,101 150,320 150,072 147,625 137,934 137,483 115,542 141,051 139,310 130,698 135,440 137,468 129,049 130,678 130,060 123,573 131,373 121,385 120,655 120,259 119,581 118,740 87,197 117,348 122,095 115,234 116,392 113,973 122,992 114,279 111,152 113,898 113,751 113,597 113,305 120,409 112,582 106,793 119,193 106,375 117,096 118,111 117,958 114,890 116,726 96,465 107,616 107,349 102,465 112,188 109,346 — — — 20,000 — — — — — — 1,250 — — — — — — — 100 30,015 — — 1,000 — 1,500 — — 3,000 — — — — — — 5,400 — 5,000 — — — — — 12,500 — — 5,000 — — 11,538 10,440 10,376 10,973 11,024 10,881 9,907 10,289 10,744 9,725 10,326 10,368 9,170 10,284 9,235 9,145 9,116 9,056 8,149 9,709 8,888 9,750 9,436 8,821 8,771 9,613 8,588 8,650 8,616 8,621 8,609 8,425 9,380 8,534 8,498 9,316 8,867 9,385 9,231 9,219 8,708 9,123 8,235 8,156 8,418 8,237 8,958 9,696 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 11,538 10,440 10,376 30,973 11,024 10,881 9,907 10,289 10,744 9,725 11,576 10,368 9,170 10,284 9,235 9,145 9,116 9,056 8,249 39,724 8,888 9,750 10,436 8,821 10,271 9,613 8,588 11,650 8,616 8,621 8,609 8,425 9,380 8,534 13,898 9,316 13,867 9,385 9,231 9,219 8,708 9,123 20,735 8,156 8,418 13,237 8,958 9,696 7,363 — — — 7,035 6,945 — 6,402 6,856 — 6,463 5,543 — 6,556 — — — — — — — 6,018 — — — 6,134 — — — — — — 5,992 — — 5,945 — 4,792 5,891 5,883 5,454 5,822 — — — — 5,530 3,657 2,761 — — — 2,638 2,604 — — 2,571 — 2,424 2,079 — 2,459 — — — — — — — — — — — 2,300 — — — — — — 2,247 — — 2,229 — 1,797 2,209 2,206 — 2,183 — — — — — — 10,124 — — — 9,673 9,549 — 6,402 9,427 — 8,887 7,622 — 9,015 — — — — — — — 6,018 — — — 8,434 — — — — — — 8,239 — — 8,174 — 6,589 8,100 8,089 5,454 8,005 — — — — 5,530 3,657 149,039 148,375 147,859 146,515 142,402 140,641 140,605 139,327 138,785 138,774 133,366 132,805 132,743 132,642 130,620 129,801 129,375 128,637 126,989 126,921 126,236 125,826 125,670 125,213 124,244 124,171 122,868 122,802 122,514 122,373 122,206 121,731 121,550 121,115 120,691 120,335 120,242 119,892 119,242 119,088 118,144 117,844 117,200 115,772 115,767 115,702 115,616 115,386 54
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Texas Hotel & Motel
Brown And Root
Bishop, Charles & Dorothy
HEB Endowment MAS
Ross, Billy D
Elizabeth Rockwell
Cizik, Jane & Robert
Pharmacy Golf Tourn. Scholarship
Golden-Golden Professor – Opt
Hall Family Endowment
Brown And Root
Halliburton Foundation Endowment
Margaret S. Sheriff Geophysics Term End
Robert E. Sheriff Sequence Stratigraphy Term End
Lack, Abram
Wiggins, Jayne & Albert
Dr. Kaye E. Stripling UH Tier One Sch Endowment
Cynthia & George Mitchell Fdn UH TierOne Sch End
H E B UH TierOne Schol Endow
Albert & Ethel Herzstein UH TierOne Schol Endow
Nancy O’Connor Abendshein Prof
Charles & Dorothy Riesen
Science & Computer Engineering
Delta Gamma Richard Shirk Family
McDavid College Professorship
Bruce, Mae Snowden
Payne, Wayne & Kathryn
Alumni Program Development
Charles & Mary Ellen Jones Athletic Scholarship Fund
Coburn, O.W. Quasi
UH Alumni Assn TierOne Sch Endowment
Oberholtzer, EE & Myrtle
Dr. Richard Murray Sch End
Barrios Technology
Marvin & Joan Kaplan Sch End
Ashcroft, Carolyn Athletics
Clemenger, Florence Quasi
Natural Sciences Quasi
Stadtler, Robert & Esther
Kajs Schol Endow
Robinson, Jerome
Williamson, Kim & Bruce Schol.
Dr. Tatcho Mindiola Director’s Endow for CMAS
NSM-Chemistry Quasi
Jay K. Kochi Grad Fellowship in Chemistry Endowment
Energy Alumni Assoc. Schol.
Trask Endow
Lilie Family Early Childhood
ISACA Scholarship
Lebel, Patty & Jesse Loran
Cater, John & Margot
Dr. Ted L. Estess Honors Scholarship Endowment
Lohec, Ronald & Bertha
Wells Fargo Ctr for Mex Amer
Lechenger, Barbara
Professor Mamie Wong Moy UH TierOne Scholarship Endowment
$
Reductions
Net Assets
beginning of
year
111,782 111,274 113,041 105,479 111,713 104,434 87,637 108,998 102,293 100,942 Contributions
received
— — — — — — 15,000 — — 550 Net return
on investments
8,473 8,891 8,835 7,881 8,731 7,910 8,089 8,519 7,502 7,597 Return to
principal
— — — — — — — — — — Total
additions
8,473 8,891 8,835 7,881 8,731 7,910 23,089 8,519 7,502 8,147 Income
distribution
5,306 5,453 5,638 — 5,572 — — 5,436 — — Institutional
advancement
— — 2,114 — 2,089 — — 2,039 — — Total
reductions
5,306 5,453 7,752 — 7,661 — — 7,475 — — Net assets, end
of year
114,949 114,712 114,124 113,360 112,783 112,343 110,726 110,042 109,795 109,089 107,924 107,903 100,207 100,207 107,009 100,610 — — — — 99,464 99,006 103,526 96,480 96,234 94,155 90,967 96,015 80,538 101,727 14,802 91,568 93,604 93,787 76,797 98,292 90,390 95,901 95,841 89,300 88,823 78,604 38,962 93,858 — 93,649 75,060 90,628 86,498 86,124 82,802 41,287 74,808 84,747 90,073 — — — — — — — 100,000 100,000 100,000 100,000 — — 1,290 250 — 2,000 5,000 — 20,050 — 80,657 8,348 — — 15,000 — — — — — — 10,000 50,000 — 87,890 — 12,000 — — — 2,500 44,740 10,000 — — 84,150 8,435 8,433 12,430 12,430 8,363 7,363 7,609 7,578 7,544 7,435 7,467 7,505 8,210 7,219 7,327 7,360 7,357 7,278 7,897 7,948 7,746 7,789 7,271 7,082 7,737 — 6,851 7,495 7,491 6,771 6,733 6,698 7,892 7,336 6,745 7,319 6,842 6,870 6,520 6,523 6,583 7,422 6,678 6,338 7,040 6,149 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 8,435 8,433 12,430 12,430 8,363 7,363 107,609 107,578 107,544 107,435 7,467 7,505 9,500 7,469 7,327 9,360 12,357 7,278 27,947 7,948 88,403 16,138 7,271 7,082 22,737 — 6,851 7,495 7,491 6,771 6,733 16,698 57,892 7,336 94,635 7,319 18,842 6,870 6,520 6,523 9,083 52,162 16,678 6,338 7,040 90,299 5,383 5,381 4,008 4,008 5,337 — — — — — — — 5,104 — — — — — 3,981 5,073 592 4,567 — — — — — 4,783 4,780 — — — 1,558 4,681 — 4,671 — 4,302 — — — 1,651 — — 4,492 — 2,018 2,018 — — 2,001 — — — — — — — 1,914 — — — — — 1,493 1,902 — 1,713 — — — — — 1,794 1,792 — — — — 1,755 — 1,751 — — — — — — — — 1,685 — 7,401 7,399 4,008 4,008 7,338 — — — — — — — 7,018 — — — — — 5,474 6,975 592 6,280 — — — — — 6,577 6,572 — — — 1,558 6,436 — 6,422 — 4,302 — — — 1,651 — — 6,177 — 108,958 108,937 108,630 108,630 108,034 107,974 107,609 107,578 107,544 107,435 106,931 106,511 106,008 103,949 103,561 103,515 103,324 103,292 103,012 102,701 102,613 101,426 100,875 100,869 99,534 98,292 97,241 96,820 96,759 96,071 95,555 95,302 95,296 94,758 94,635 94,546 93,902 93,196 93,018 92,647 91,885 91,798 91,486 91,086 90,936 90,299 55
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Dodds Family
Spanish PhD Endow
Souchek, William Czech Cultural
Bill & Ann Stokes / UH DTN
Garbett, Rosemary
Guenther, Peter Quasi
Simon Yee On Chow Endowed Scholarship
Science & Technical Journal
Alexander, Eric Philip
Brinker International
Pediatric Optometry Quasi
Victoria Priorities
Sanders, Don A.
Manmohan & Marie Kalsi End
Werlin, Joseph
Alcorn
Mountain, Joe & Lee Scholar.
Frank L. Worley, Jr. Ugr Sch End
Smith, Wilhelmina R
Conrad N Hilton Schol in Communication
Tony Vallone End
Welder Scholarship
Rockwell, Eliz. Library
Zeon Graduate Fellow
Lovitt Quasi
Honors Undergrad Research
Honors Study Abroad Endow
Lomonte, John N Scholarship
Murphy, Mary Quasi
George Pulliam Distinguished Faculty Fellowship
Mading, Cora & Webb Scholarship
Lomonte, Leora Cooper
Shiffick, Bill & Peggy
Victoria/Anniv.
Marcia & J.W. Burns End Sch
Uray, Richard
Gerald McElvy Scholarship Endowment
Bank of America
Gulf Coast Surveyor
Deloitte Foundation Larry Jones Scholarship Fund
Tansey Family Scholarship
White, William E.
Wells Fargo End Sch – Business Downtown
Guy Lewis Ath Quasi Basketball Sch Endow
Delphian-Children’s Theatre
Delphian-Shakespeare Festival
Marilyn Hensley Athletic Schol Endow
Cobb/Fendley
Teach Houston Challenge Fund Endowment
Smith, Bo & Josanna
Nat’l Assn of Purchasing Mgmt – Bay Area, Inc. End
Anthis-Callicutt Gore
Ross Lence Sch Quasi End
Faculty Research
Cooper Industries
Farfel Quasi
$
Reductions
Net Assets
beginning of
year
83,856 83,494 83,062 82,797 88,231 87,448 81,299 87,234 85,381 80,472 79,676 84,550 Contributions
received
— — — — — 300 — — — — — — Net return
on investments
6,351 6,324 6,291 6,290 6,896 6,857 7,045 6,818 6,410 6,100 6,039 6,608 Return to
principal
— — — — — — — — — — — — Total
additions
6,351 6,324 6,291 6,290 6,896 7,157 7,045 6,818 6,410 6,100 6,039 6,608 Income
distribution
— — — — 4,400 4,358 — 4,351 4,032 — — 4,217 Institutional
advancement
— — — — 1,650 1,634 — 1,632 — — — 1,581 Total
reductions
— — — — 6,050 5,992 — 5,983 4,032 — — 5,798 Net assets, end
of year
90,208 89,818 89,353 89,087 89,076 88,613 88,344 88,068 87,759 86,571 85,715 85,361 82,346 78,576 81,847 83,268 55,353 76,923 76,356 76,105 75,085 79,844 78,143 79,550 79,469 77,926 77,926 74,276 79,105 73,608 78,223 67,486 72,359 76,559 58,058 71,488 54,978 75,154 74,936 27,241 65,222 59,909 69,389 72,472 72,134 72,134 71,721 66,967 7,665 70,940 68,999 70,260 64,991 64,507 67,060 68,393 — — — — 22,200 — — — — — — — — — — — — — — 5,000 — — 13,365 — 16,000 — — 43,500 5,000 14,009 — — — — — — 58,734 — — — 280 597 — — 6,242 5,983 6,532 6,508 5,962 5,533 5,836 5,866 5,691 6,240 5,922 6,217 6,211 5,905 5,905 5,626 6,178 5,663 6,114 5,558 5,485 5,984 5,676 5,414 5,907 5,874 5,922 6,053 5,357 5,742 7,018 5,683 5,638 5,638 5,606 5,079 5,221 5,544 5,513 5,491 4,974 4,950 5,355 5,345 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 307 — — — — — — — 6,242 5,983 6,532 6,508 28,162 5,533 5,836 5,866 5,691 6,240 5,922 6,217 6,211 5,905 5,905 5,626 6,178 5,663 6,114 10,558 5,485 5,984 19,041 5,414 21,907 5,874 5,922 49,553 10,357 19,751 7,018 5,683 5,638 5,638 5,606 5,079 64,263 5,544 5,513 5,491 5,254 5,547 5,355 5,345 3,909 — 4,008 4,153 — — — — — 3,982 3,709 3,967 3,963 3,698 3,698 — 3,944 — 3,901 — — 3,818 — — — 3,748 3,691 1,090 — 3,652 1,948 3,570 3,598 3,598 3,577 — 307 3,538 3,381 3,504 — — 3,306 3,411 — — — 1,557 — — — — — 1,493 — 1,488 1,486 — — — 1,479 — 1,463 — — 1,432 — — — 1,406 1,384 — — 1,120 — 1,339 1,349 1,349 1,341 — — 1,327 — 1,314 — — — 1,279 3,909 — 4,008 5,710 — — — — — 5,475 3,709 5,455 5,449 3,698 3,698 — 5,423 — 5,364 — — 5,250 — — — 5,154 5,075 1,090 — 4,772 1,948 4,909 4,947 4,947 4,918 — 307 4,865 3,381 4,818 — — 3,306 4,690 84,678 84,559 84,371 84,065 83,515 82,455 82,192 81,971 80,777 80,609 80,357 80,312 80,231 80,133 80,133 79,902 79,861 79,270 78,973 78,044 77,844 77,293 77,099 76,902 76,884 75,874 75,783 75,704 75,579 74,888 74,458 73,246 72,825 72,825 72,409 72,046 71,620 71,620 71,131 70,933 70,245 70,054 69,109 69,048 56
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Blain, LaRuth
Gallagher, Jack
Victoria Rotary
Frankel Quasi
Rockwell Drama
M.D. Anderson Library Acorn Growth Fund End
Fred & Mabel R. Parks Fdn End
Distinguished Alumni Scholarship
Palmer, Marc
Bacon, Judge Mary
Public History Quasi
El Paso Energy
NSM Alumni
Herman, Ralph S. Scholarship
School of Educ, Instruct Tech
Klotz Associates
Antje & Harry Gee Jr Endowment in the Asian American Studies Ctr
Mr & Mrs Robert Maxwell Jr UH TierOne Schol Endow
Marco, Seymour
Cobb Fendley Schol
DeBottis
John P. McGovern Fdn Library Materials End
Pappas, Gregory James
Pappas Restaurant
UH GAA
Hollingsworth, Marcile Schol.
Moya Family Scholarship Endowment in Honors
Texas Exec Women
Lietzow, Sharon Ley PEF
Edythe Bates Old Choral Quasi
Edythe Bates Old Orch Quasi
Dyer, Everett
Sheeler, John Rubin
King Family Therapy
Butler, George
Greenwood Women’s Golf Schol Endow
Lilie Family Entrepreneur
O’Connor, Ralph
Harry & Antje Gee Red Rose Sch Endowment
Wilson SOE Outstanding Stud.
LULAC
Armistead, Cora
Harper, Carol & Tom
William Moffit Excellence in Band Studies End
Environmental Institute
O’Connor, Mary
McCammon Molecular Design
DeVido, Rosemary & David
Werlin, Joseph Sociology Faculty
Smith, Arthur & June Quasi
Metro Bank/ Ming & Tom Wang
Fultz, Mr & Mrs Larry Quasi
Crown Mark Inc.
Fitzgerald, Ruth
Karp & South Psychology
O’Connor, George Red Rose Schol
$
Reductions
Net Assets
beginning of
year
68,212 67,878 66,032 67,385 67,111 33,862 38,075 60,058 65,474 61,322 65,158 65,107 61,010 54,172 Contributions
received
— — — — — 28,438 25,000 1,960 — — — — — 6,000 Net return
on investments
5,331 5,305 5,050 5,267 5,245 5,369 5,593 4,702 5,117 4,648 5,093 5,088 4,624 4,563 Return to
principal
— — — — — — — — — — — — — — Total
additions
5,331 5,305 5,050 5,267 5,245 33,808 30,593 6,662 5,117 4,648 5,093 5,088 4,624 10,563 Income
distribution
3,402 3,385 3,011 3,361 3,347 — 1,224 — 3,265 — 3,250 3,247 — — Institutional
advancement
1,276 1,269 — 1,260 1,255 — — — 1,225 — 1,219 1,218 — — Total
reductions
4,678 4,654 3,011 4,621 4,602 — 1,224 — 4,490 — 4,469 4,465 — — Net assets, end
of year
68,865 68,529 68,071 68,030 67,754 67,669 67,443 66,720 66,101 65,970 65,781 65,730 65,634 64,735 60,118 54,924 — — 59,780 63,213 55,019 57,995 61,137 61,137 62,247 58,662 57,659 60,113 57,331 57,124 57,124 60,857 60,573 56,682 60,358 60,112 58,836 56,062 25,716 51,374 58,935 55,030 55,104 55,208 54,906 58,340 57,950 44,066 53,938 53,829 53,745 56,833 52,774 56,136 14,982 52,575 — 5,000 60,000 60,000 — — 3,800 — — — — — — — — — — — — — — — — — 30,000 4,000 — 250 — 50 120 — — 10,000 — — — — — — 37,652 — 4,557 4,671 4,526 4,486 4,530 4,931 4,233 5,012 4,634 4,634 4,865 5,295 6,533 4,557 4,343 4,327 4,327 4,756 4,734 4,287 4,717 4,698 4,460 4,250 5,430 4,239 4,606 4,189 4,176 3,992 4,151 4,560 4,529 4,132 4,088 4,080 4,027 4,442 3,949 4,387 3,959 3,985 — — — — — — 2,470 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 4,557 9,671 64,526 64,486 4,530 4,931 10,503 5,012 4,634 4,634 4,865 5,295 6,533 4,557 4,343 4,327 4,327 4,756 4,734 4,287 4,717 4,698 4,460 4,250 35,430 8,239 4,606 4,439 4,176 4,042 4,271 4,560 4,529 14,132 4,088 4,080 4,027 4,442 3,949 4,387 41,611 3,985 — — — — — 3,148 2,470 — 2,902 2,902 3,104 1,711 2,306 2,853 — — — 3,035 3,021 — 3,010 2,998 2,793 — 1,029 — 2,939 — — — — 2,910 2,890 — — — — 2,834 — 2,800 — — — — — — — 1,181 — — — — 1,164 — — — — — — 1,138 1,133 — 1,129 1,124 — — — — 1,102 — — — — 1,091 1,084 — — — — 1,063 — 1,050 — — — — — — — 4,329 2,470 — 2,902 2,902 4,268 1,711 2,306 2,853 — — — 4,173 4,154 — 4,139 4,122 2,793 — 1,029 — 4,041 — — — — 4,001 3,974 — — — — 3,897 — 3,850 — — 64,674 64,596 64,526 64,486 64,310 63,814 63,052 63,007 62,869 62,869 62,844 62,246 61,886 61,817 61,673 61,450 61,450 61,441 61,153 60,969 60,936 60,688 60,503 60,311 60,117 59,613 59,501 59,470 59,281 59,250 59,177 58,899 58,505 58,199 58,026 57,909 57,772 57,378 56,723 56,674 56,593 56,559 57
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Axtmann, Christina & Terry Red Rose
Jinnah, M. A.
Zeon Science Equipment
Laufman, Bill
Osborn, Bart Industrial Org
Houst Fdn Cont Ed
Martel, Speros
Hsu, Thomas Structural Res
Stanford & Joan Alexander Fdn Red Rose Sch End
Wilson, Trey
Boney
Hawley, Cora Scholarship
Rakow, Steve Scholarship
PLM Quasi
International Student
Huang, Diane PES
Callagan, Donald
Carey C. Shuart Presidential Endowed Fellowship
Larry Jones Memorial Red Rose Sch Quasi End
Ricky & Belen Diaz Family Red Rose Sch Quasi End
The Manny Family UH TierOne Scholarship Endow
The Manny Family Fellowship Endow in Opt
Thompson Family UH TierOne Schol Endow
Elena Estefan Fellowship End in the College of Optometry
Reibenstein, Cynthia
Hinds, Artie Lee & Jackson Rose
Leon B. Stinson Memorial Sch End
Katims, Milton
Davis, Edward C.
Judith Morris
UHV Staff Scholarship
Lunar Rendezvous Endowment
Lack Music
John & Sharon Stubblefield End
James A. Elkins, Jr. Sch End
Power, Douglas & Jeannette
Engineering Schl. Quasi
Dr Clinton & Dorothy DeWolfe Schol Endow
Joan S. Abramowitz Ugr Sch End
Colley Endowed Schol
Gehbauer, John & Kathryn
Mieszkuc Scholarship
Greenaway, Donald
Margaret S. O’Donnell End – GCSW
Merchandising Star Award Endow
Keeper, Cele
UHCL Student Life Quasi
Hallum
Lightfoot/Johns Family Accounting Sch End
Honeywell
Robert White Accountancy
El-Farouq Foundation
Padula, Frank Scholarship
Helen Krause
Herman Krause
Van Horn, Sue
$
Reductions
Net Assets
beginning of
year
52,622 55,844 55,789 54,023 50,445 55,189 51,666 51,497 31,077 54,500 54,498 51,133 48,720 54,018 53,889 50,434 Contributions
received
— — — — 1,500 — — — 20,000 — — — 2,000 — — 100 Net return
on investments
3,927 4,365 4,360 4,978 3,938 4,313 3,916 3,903 4,278 4,259 4,259 3,835 3,877 4,222 4,212 3,838 Return to
principal
— — — — — — — — — — — — — — — — Total
additions
3,927 4,365 4,360 4,978 5,438 4,313 3,916 3,903 24,278 4,259 4,259 3,835 5,877 4,222 4,212 3,938 Income
distribution
— 2,785 2,782 2,843 — 2,752 — — — 2,717 2,718 — — 2,694 2,688 — Institutional
advancement
— 1,044 1,043 — — 1,032 — — — 1,019 1,019 — — 1,010 1,008 — Total
reductions
— 3,829 3,825 2,843 — 3,784 — — — 3,736 3,737 — — 3,704 3,696 — Net assets, end
of year
56,548 56,379 56,324 56,158 55,883 55,718 55,582 55,400 55,355 55,023 55,021 54,968 54,597 54,536 54,405 54,371 49,201 — 49,981 49,981 — — — — 51,954 49,129 49,356 52,435 52,408 48,956 43,900 48,903 52,021 33,801 48,585 48,368 51,682 51,660 48,435 45,973 49,214 47,833 51,075 39,408 47,831 50,506 47,057 50,338 36,764 47,094 46,864 46,849 46,818 46,768 46,768 49,719 3,000 50,000 — — 50,000 50,000 50,000 50,000 — — — — — — 4,871 — — 15,000 — — — — 100 2,110 — 250 — 8,000 — — 200 — 10,300 — — — — — — — 4,011 3,783 3,774 3,774 3,734 3,734 3,701 3,616 4,149 4,043 3,742 4,098 4,096 3,711 3,894 3,668 4,066 3,671 3,698 3,814 4,039 4,036 3,571 3,741 3,425 3,647 3,992 4,059 3,552 3,947 3,567 3,934 3,658 3,567 3,552 3,547 3,536 3,545 3,545 3,906 — — — — — — — — — — — — — — — — — — — — — — — — 2,298 — — — — — — — — — — — — — — — 7,011 53,783 3,774 3,774 53,734 53,734 53,701 53,616 4,149 4,043 3,742 4,098 4,096 3,711 8,765 3,668 4,066 18,671 3,698 3,814 4,039 4,036 3,671 5,851 5,723 3,897 3,992 12,059 3,552 3,947 3,767 3,934 13,958 3,567 3,552 3,547 3,536 3,545 3,545 3,906 2,242 — — — — — — — 2,561 — — 2,615 2,614 — — — 2,594 — — — 2,578 2,576 — — 2,298 — 2,547 — — 2,519 — 2,511 — — — — — — — 2,435 — — — — — — — — — — — 981 980 — — — 973 — — — 967 966 — — 862 — 955 — — 945 — 941 — — — — — — — 913 2,242 — — — — — — — 2,561 — — 3,596 3,594 — — — 3,567 — — — 3,545 3,542 — — 3,160 — 3,502 — — 3,464 — 3,452 — — — — — — — 3,348 53,970 53,783 53,755 53,755 53,734 53,734 53,701 53,616 53,541 53,173 53,098 52,937 52,910 52,666 52,665 52,570 52,519 52,472 52,283 52,181 52,176 52,153 52,106 51,825 51,777 51,729 51,565 51,468 51,383 50,990 50,824 50,820 50,723 50,661 50,416 50,396 50,354 50,313 50,313 50,277 58
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Burr, Ruth
Jeff Dodd & Susan Ohsfeldt Sch
Alumni Center Quasi
David B. Lack
Asian American Studies
Baker Hughes Engineering Schol.
Houston Cash Mgmt Assoc.
Benson Endow Sch
Danberg, Debra
Max & Rosario Castillo Red Rose Sch End
McGovern Award For Library Staff
HFTP, Raymond Ellis
Elkins Faculty Fellowship
CL Thomas/Exxon Mobil
Brij & Sunita Agrawal Fac Fellow Industrial Engr
Palmer,Wilma Scholarship
Malloy, Ambrose Fellowship
Ronald Sukenick Amer Book End
Petrotex
UHY Mann Frankfort & Lipp
Boyaki Family Endowment
Lack’s Stores, Inc.
Weinstein, Joshua Scholarship
Int’L Assoc Hosp. Acct
Barnett, Marguerite Quasi
Infragard Scholarship
Carolyn Ashcroft Scholarship Endowment
Rappole – Sheridan
Symons, Virgina Thompson PEF Eng
Callicut, Laurie Quasi
Faculty Staff Development Quasi
Dobrin, Milton
Durham, Mylie & Charles
Ann Gibson Hunt Mem Schol End
Scott
Tom Wilson Scholarship Endow
Cobb/Fendley Excellence
Debra and Mark Gregg Scholarship Endowment
Walker, William & Mimi Book Fund
Taxi Squad
Hugh Hudler
DS Labs ISA Endowment
Kochi, Jay & Marion Library
Hearst Foundation
Lietzow, Robert F. PEF
Briggs, Charles R.
Mendenhall, Trinidad Vasquez
Hamilton Future Studies
Bill & Ann Stokes
1st Vict Bank
Neal R. Amundson Lecture Quasi
Webber , George & Cecilia
Hospitality Industry Diversity Inst.
Barnstone, Howard Lecture
Smith, Beulah Lavange Quasi
McNabb, John
$
Reductions
Net Assets
beginning of
year
49,762 26,445 49,589 47,994 46,206 46,105 42,602 45,805 48,611 45,749 40,292 45,537 45,257 44,557 19,220 44,835 44,781 44,579 Contributions
received
— 20,000 — — — — 5,000 — — — 5,294 — — — 25,000 — — — Net return
on investments
3,889 3,719 3,876 3,853 3,499 3,494 3,730 3,467 3,799 3,291 3,444 3,451 3,430 3,701 4,028 3,398 3,395 3,494 Return to
principal
— — — — — — — — — — — — — — 769 — — — Total
additions
3,889 23,719 3,876 3,853 3,499 3,494 8,730 3,467 3,799 3,291 8,738 3,451 3,430 3,701 29,797 3,398 3,395 3,494 Income
distribution
2,482 — 2,473 2,097 — — 1,875 — 2,424 — — — — — 769 — — — Institutional
advancement
931 — 927 — — — — — 909 — — — — — — — — — Total
reductions
3,413 — 3,400 2,097 — — 1,875 — 3,333 — — — — — 769 — — — Net assets, end
of year
50,238 50,164 50,064 49,750 49,704 49,599 49,458 49,272 49,077 49,039 49,030 48,988 48,687 48,257 48,248 48,233 48,176 48,073 47,437 35,923 19,481 47,018 46,678 43,773 46,562 43,561 43,243 41,507 43,401 46,150 43,237 46,065 45,898 31,493 45,593 45,500 42,524 42,199 44,291 45,154 44,309 44,033 35,503 43,978 41,999 41,895 41,908 41,497 41,662 41,404 41,283 43,988 41,068 43,652 40,892 40,658 — 8,195 25,000 — — — — — — 1,875 — — — — — 11,100 — — — — — — — — 8,000 — — — — 250 — — — — 200 — — — 3,708 3,646 3,930 3,675 3,648 3,318 3,639 3,301 3,513 3,317 3,289 3,607 3,277 3,600 3,587 3,442 3,563 3,556 3,223 3,527 3,537 3,529 3,358 3,416 3,501 3,512 3,124 3,171 3,154 3,210 3,166 3,137 3,182 3,438 3,128 3,412 3,100 2,986 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 3,708 11,841 28,930 3,675 3,648 3,318 3,639 3,301 3,513 5,192 3,289 3,607 3,277 3,600 3,587 14,542 3,563 3,556 3,223 3,527 3,537 3,529 3,358 3,416 11,501 3,512 3,124 3,171 3,154 3,460 3,166 3,137 3,182 3,438 3,328 3,412 3,100 2,986 2,366 — 779 2,345 2,328 — 2,322 — — — — 2,302 — 2,297 2,289 — 2,274 2,269 — — 2,183 2,252 2,103 1,970 1,530 2,168 — — — — — — — 2,194 — 2,177 — — 887 — — 879 873 — 871 — — — — 863 — 862 858 — 853 851 — — — 845 — — — — — — — — — — — 823 — 816 — — 3,253 — 779 3,224 3,201 — 3,193 — — — — 3,165 — 3,159 3,147 — 3,127 3,120 — — 2,183 3,097 2,103 1,970 1,530 2,168 — — — — — — — 3,017 — 2,993 — — 47,892 47,764 47,632 47,468 47,125 47,090 47,008 46,862 46,756 46,699 46,691 46,592 46,514 46,507 46,338 46,035 46,029 45,936 45,747 45,726 45,645 45,586 45,564 45,479 45,474 45,322 45,122 45,066 45,062 44,957 44,828 44,541 44,465 44,409 44,396 44,070 43,991 43,643 59
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Christina & Terry Axtmann Red Rose 2007
Lea, Hugh Leadership
Alkek-Williams Music
Robert Eckles Schol End
Arnold, Genevieve Com Disord
Canteen, Bus Svrs, Quasi End
General Scholarship
Jack & Debbie Moore Excel End
Ed Bransford Schol
Wells Fargo
CRSS/Aaron Farfel
Thomas Gee Scholarships
William Hawes Family Scholarship Endowment
Primeaux, Walter & Natalie
Alkek
Lence Distinguished Chair Quasi
Leibfried, Elizabeth Finck
Detering, Carl & William
Adler-Grinberg
Murray Stinson Scholarship Endow
Jim Nantz Endowed Scholarship
Jane Blaffer Owen Schol End
Pickett, Cecil
York, Meredith & Miriam
UH Coll of Optometry Sch Endow
Thacker, Steve & Susan Schol Quasi
Stubblefield
Pittman
Monk, Earl Scholarship
Nettles Pasa End Schol
Engstrom, Donald
Student Govt
Shearne, Major Charles Pres
Shearne, Major Charles Pres
Shearne, Major Charles Pres
Anderson, Jay Kevin
Dupont
Wilson Presidential
D&A Endowment
Federation of Houston Women
Study in Taiwan Quasi
Fellman, Sue, Omicron Delta
Pollack, Howard Scholarship
Carr
Cominsky, Catherine
Wilson, Herbert O.
Lanier, Elyse & Bob Red Rose Schol
Joe & Lou Taylor
Spain, Ken Scholarship End
Lillie E. Spies-GTF Removing Educ Barriers Sch End
TSO Scholarship Endow
Bartkowiak, Matthew
Battle, Jack & Peggy
Howard W. Greenwood Sch Quasi End in Athletics
Sarofim, Louisa
McKay, Charles
$
Reductions
Net Assets
beginning of
year
22,149 38,143 40,375 40,369 40,356 8,130 42,864 40,165 41,789 38,716 41,267 39,475 39,153 39,406 39,341 41,044 39,331 41,733 40,343 40,625 Contributions
received
18,000 2,140 — — — 32,235 — — — 1,000 — — — — — — — — 350 — Net return
on investments
3,370 3,173 3,060 3,060 3,059 3,022 3,348 3,058 3,337 3,259 3,295 2,992 3,237 2,929 2,982 3,279 2,980 3,262 3,246 3,244 Return to
principal
— — — — — — — — — — — — — — — — — — — — Total
additions
21,370 5,313 3,060 3,060 3,059 35,257 3,348 3,058 3,337 4,259 3,295 2,992 3,237 2,929 2,982 3,279 2,980 3,262 3,596 3,244 Income
distribution
— — — — — — 2,137 — 2,060 — 2,034 — — — — 2,011 — 2,081 1,988 2,003 Institutional
advancement
— — — — — — 801 — — — — — — — — — — 781 — — Total
reductions
— — — — — — 2,938 — 2,060 — 2,034 — — — — 2,011 — 2,862 1,988 2,003 Net assets, end
of year
43,519 43,456 43,436 43,429 43,415 43,386 43,273 43,223 43,066 42,976 42,528 42,467 42,390 42,335 42,323 42,312 42,312 42,133 41,950 41,865 38,958 38,799 41,286 40,195 4,577 34,018 40,041 40,041 37,978 37,159 37,779 39,426 21,985 21,985 21,985 36,870 38,950 34,703 37,228 37,855 33,505 33,560 36,187 37,726 37,629 37,518 35,912 35,743 37,345 35,401 35,357 35,217 35,155 25,134 36,542 34,974 — — — — 33,875 5,700 — — — 771 — — 15,714 15,714 15,714 600 — 2,500 — — 2,500 2,500 — — — — — 100 — — — 25 — 10,000 — — 2,856 2,905 3,227 3,210 2,920 3,177 3,197 3,197 3,131 2,890 2,864 3,143 2,868 2,868 2,868 2,854 3,107 2,861 2,815 2,869 2,892 2,824 2,691 3,010 3,005 2,996 2,696 2,716 2,982 2,757 2,766 2,673 2,664 3,530 2,918 2,646 — — — — 204 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 2,856 2,905 3,227 3,210 36,999 8,877 3,197 3,197 3,131 3,661 2,864 3,143 18,581 18,581 18,581 3,454 3,107 5,361 2,815 2,869 5,392 5,324 2,691 3,010 3,005 2,996 2,696 2,816 2,982 2,757 2,766 2,698 2,664 13,530 2,918 2,646 — — 2,059 1,981 204 1,536 1,974 1,974 — — — 1,942 — — — — 1,919 — — 1,797 — — — 1,859 1,855 1,849 — — 1,841 — — — — 1,005 1,801 — — — 772 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 2,831 1,981 204 1,536 1,974 1,974 — — — 1,942 — — — — 1,919 — — 1,797 — — — 1,859 1,855 1,849 — — 1,841 — — — — 1,005 1,801 — 41,814 41,704 41,682 41,424 41,372 41,358 41,264 41,264 41,109 40,821 40,642 40,627 40,566 40,566 40,566 40,324 40,138 40,064 40,043 38,928 38,896 38,884 38,878 38,877 38,778 38,664 38,608 38,559 38,486 38,158 38,122 37,915 37,820 37,660 37,659 37,619 60
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Strickland, Jerald
Duke Energy Scholarship
Porter, Leonard
Inspiring Excellence Sch End Sponsored by Shell
Coll of Pharmacy Dean’s Advisory Council
Lofstrom, James
Karen Stout Faculty End Fund
Damon Wells Foundation
Andrews, Kurth Scholarship Honors
Staples, William
Rolston, Leonard
Paula A Kelleher Endowment
Michael W Oneill Mem Sch
Patterson, Clarence & Dorothy
Butler, Mary McCullough
Margie Nell Eaves Seiver Scholarship End
Eisner Schol Endow
Chertok, Nancy
Chu, Paul C.W.
Claridge, Ruth
Butler, Dr. John
Fraga Brothers
Basketball Scholarship Quasi Endow
Football Scholarship Quasi Endow
Deans Pharmacy Sch
Gene & Betty McDavid Endow
John D & Susan K Thompson End
Buckley, Joseph P.
Astronaut/Space Studies
Hari & Anjali Agrawal Faculty Fellowship
Human Sciences and Humanities
Faculty Growth & Dev Quasi
Trask Endow
Healthcare Assoc
HRM Global Recog. Quasi
McElhinney, Charles
Lunney Family Scholarship Endowment
Doss, R.P.
Johnson Book Fund
David, Gerson
Yelderman, Pauline PES
Victoria Advocate
Frank G. Ambrose Systems
Jankiewicz, Harry
Rudy & Eliz Woerner Quasi
Maresh, Thelma PES
Mack Rogers, Jr. Insurance & Risk Management
Vandagriff, Judy Scholarship
Arnold, Genevieve Psychology
Seymour, Marion
Dr. Edward A. Blair Scholarship Endowment
Lawrence, Bryan Excellence Quasi
Donald Bonham Memorial Sch End
San Antonio Alumni PES
Charles J Tamborello Mem Sch Endow
Bill D. Cook Scholar
$
Reductions
Net Assets
beginning of
year
34,969 34,921 36,042 34,513 28,609 35,816 12,734 34,002 34,199 33,793 35,293 31,287 31,060 35,005 34,977 15,383 32,042 34,443 34,262 34,253 32,492 32,041 Contributions
received
— — — — 6,000 — 21,453 — — 175 — 2,250 2,500 — — 17,500 1,000 — — — 270 2,000 Net return
on investments
2,650 2,621 2,878 3,951 3,256 2,860 2,693 2,841 2,543 2,590 2,818 2,705 2,574 2,795 2,793 2,778 2,527 2,587 2,736 2,735 2,483 2,694 Return to
principal
— — — — — — — — — — — — — — — — — — — — — — Total
additions
2,650 2,621 2,878 3,951 9,256 2,860 24,146 2,841 2,543 2,765 2,818 4,955 5,074 2,795 2,793 20,278 3,527 2,587 2,736 2,735 2,753 4,694 Income
distribution
— — 1,777 1,381 901 1,765 — — — — 1,740 — — 1,726 1,723 — — 1,627 1,689 1,688 — 1,573 Institutional
advancement
— — — — — — — — — — — — — — — — — — — — — — Total
reductions
— — 1,777 1,381 901 1,765 — — — — 1,740 — — 1,726 1,723 — — 1,627 1,689 1,688 — 1,573 Net assets, end
of year
37,619 37,542 37,143 37,083 36,964 36,911 36,881 36,843 36,742 36,558 36,372 36,242 36,134 36,074 36,047 35,661 35,569 35,403 35,309 35,300 35,245 35,162 33,973 33,822 31,846 32,319 32,152 33,426 31,976 31,446 26,238 33,124 31,621 31,599 31,369 32,637 29,106 32,579 32,330 32,323 30,821 32,097 30,696 31,977 30,597 30,492 25,261 30,325 30,267 28,588 30,501 30,156 30,032 29,956 29,708 29,642 — — 500 — — — — — 5,500 — — — — — 2,050 — — — — — — — — — 5,000 — — 1,500 — — — — — — 2,713 2,701 2,448 2,450 2,386 2,677 2,425 2,812 2,507 2,645 2,384 2,395 2,378 2,606 2,471 2,591 2,580 2,581 2,336 2,561 2,324 2,552 2,319 2,311 2,374 2,298 2,294 2,410 3,202 2,286 2,287 2,270 2,279 2,292 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 2,713 2,701 2,948 2,450 2,386 2,677 2,425 2,812 8,007 2,645 2,384 2,395 2,378 2,606 4,521 2,591 2,580 2,581 2,336 2,561 2,324 2,552 2,319 2,311 7,374 2,298 2,294 3,910 3,202 2,286 2,287 2,270 2,279 2,292 1,675 1,667 — — — 1,624 — — — 1,633 — — — 1,609 — 1,602 1,593 1,593 — 1,581 — 1,576 — — — — — — 1,220 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 1,675 1,667 — — — 1,624 — — — 1,633 — — — 1,609 — 1,602 1,593 1,593 — 1,581 — 1,576 — — — — — — 1,220 — — — — — 35,011 34,856 34,794 34,769 34,538 34,479 34,400 34,258 34,245 34,136 34,005 33,994 33,747 33,634 33,626 33,568 33,317 33,311 33,157 33,077 33,020 32,954 32,916 32,803 32,635 32,623 32,561 32,498 32,483 32,442 32,318 32,226 31,987 31,934 61
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Natl Assoc Of Catering
Jack Cannata Jr Ath Schol Endow
Robinson, Minette & Jerome
Gas Processors Scholarship
San Antonio Alumni PES
Rims Houston Chapter Sch End
Morris Gentile Mem.
Doyle
John & Paula Lovoi
Battin, Tom
Helen & Melvin Wimpelberg Memorial Sch Endowment
Irwin, Melinda
Bruckner Endow
Glenn Goerke
New Century Success
Lau & Mrs. Wing Lan Chin Pharm. Sciences End
EMBA Teaching Excell
Dallas/Ft Worth Alumni PES
James & Theresa Fischer Sch Endowment
Assoc. Bldg, Services/Parker
Curry, Herbert & Dorothy
Par Excellence Scholarship
Union Carbide
Hightower, James Scholarship
Schergens, Evaline
Agrawal,Brij & Sunita PES
Kuhlman, William Optometry
McCracken, Harold & Debra
The Women’s Club
Claridge, Hester
Choate, Gary & Palmer, Marc
MCI Telecommunications
Turner, Sylvester
Hopping, Dr. Desiree PES
Fndn for Educ & Research in Visn.
Irene Smith Buckner Schol
Howard Family "Inspiring Excellence" End
Benito Torres Endowed Scholarship in CMAS
Armistead Presidential
Kripp, Robert PES Engnr
Watts, Karele Maresh PES
Head, Jeremy
Maresh, Harlan Renan
Wyatt, Earle
Celco & Martina Cuellar Pres.
Burke, Jack & D’Ann
McBride, Rosemary Summers
Herbert & Faye Lum Schol End
Scholes
Cemo Foundation PES CLASS
Cemo Foundation, PES Business
Cemo Foundation, PES Business
Mason, Lynn & Marcel
Shulman, Lanny & Molly Scholarship
Smith, Elva PES
Friends of the Library
$
Reductions
Net Assets
beginning of
year
30,897 30,573 29,203 29,087 29,054 28,998 30,278 30,110 26,800 28,067 — 27,637 28,465 29,548 29,604 26,450 29,373 28,135 7,688 29,091 29,080 29,535 28,794 25,326 Contributions
received
— — — — — — — — 2,000 1,800 28,780 840 — — — 1,500 — — 20,000 — — — — 2,042 Net return
on investments
2,342 2,441 2,212 2,182 2,202 2,210 2,418 2,404 2,222 2,389 2,082 2,166 2,163 2,358 2,243 3,393 2,345 2,118 2,338 2,338 2,322 2,308 2,298 2,204 Return to
principal
— — — — — — — — — — — — — — — — — — 308 — — — — — Total
additions
2,342 2,441 2,212 2,182 2,202 2,210 2,418 2,404 4,222 4,189 30,862 3,006 2,163 2,358 2,243 4,893 2,345 2,118 22,646 2,338 2,322 2,308 2,298 4,246 Income
distribution
1,467 1,507 — — — — 1,492 1,484 — 1,359 — — — 1,456 1,405 1,058 1,448 — 308 1,420 1,433 1,473 1,419 — Institutional
advancement
— — — — — — — — — — — — — — — — — — — — — 552 — — Total
reductions
1,467 1,507 — — — — 1,492 1,484 — 1,359 — — — 1,456 1,405 1,058 1,448 — 308 1,420 1,433 2,025 1,419 — Net assets, end
of year
31,772 31,508 31,415 31,269 31,256 31,208 31,204 31,031 31,021 30,897 30,862 30,643 30,628 30,449 30,442 30,286 30,270 30,252 30,026 30,009 29,969 29,819 29,673 29,572 26,590 27,330 28,482 27,280 27,261 28,369 28,398 28,319 18,169 27,001 27,001 24,957 10,017 25,543 26,922 26,917 26,869 27,183 26,538 27,571 25,066 27,480 23,252 24,306 27,390 26,217 26,217 26,217 26,172 26,172 26,173 25,137 800 — — — — — — — 8,965 — — 2,000 17,000 2,500 — — — 500 — — 1,250 — 3,000 2,000 — — — — — — — 2,000 2,084 2,071 2,273 2,068 2,066 2,265 2,153 2,261 1,934 2,046 2,046 2,090 2,417 2,226 2,041 2,038 2,036 2,225 2,011 2,202 2,010 2,194 2,035 1,974 2,187 1,987 1,987 1,987 1,984 1,981 1,966 2,177 — — — — — — — — 1,254 — — — — — — — — — — — — — — — — — — — — — — — 2,884 2,071 2,273 2,068 2,066 2,265 2,153 2,261 12,153 2,046 2,046 4,090 19,417 4,726 2,041 2,038 2,036 2,725 2,011 2,202 3,260 2,194 5,035 3,974 2,187 1,987 1,987 1,987 1,984 1,981 1,966 4,177 — — 1,404 — — 1,398 1,348 1,396 1,254 — — — 401 1,259 — — — 1,327 — 1,359 — 1,355 — — 1,350 — — — — — — 1,203 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 1,404 — — 1,398 1,348 1,396 1,254 — — — 401 1,259 — — — 1,327 — 1,359 — 1,355 — — 1,350 — — — — — — 1,203 29,474 29,402 29,351 29,347 29,327 29,236 29,202 29,184 29,068 29,047 29,047 29,047 29,033 29,010 28,963 28,955 28,905 28,582 28,549 28,414 28,327 28,319 28,287 28,280 28,227 28,204 28,204 28,204 28,156 28,153 28,138 28,111 62
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Dobson, Harmon
TBA Red Rose Scholarship
James Lyle Scholarship Endow
Leadership Passport
Hayden, Carlos
Patterson, Claire North Scholarship
Ferguson, Noel
ABPW/Warren Scholarship
Italy In America Endow
Passarelli Hurtado, Diana Jo
Bohner, Roswell
Kierstead, Fred
Golden Brothers Presidential Endowed Fellowship
Rodd, Frank R.
American Chapter of the Amer Concrete Inst Endowed Schol
Bell, Kate Pres.
Techtrans International Scholarship Endowment
Debbie Haley Mem Schol Quasi Endow in African Amer Studies
Omron Fdn, Inc. Endowed Sch in Electrical Engineering
Hirsh, Albert
Prithvipal & Manmeet Likhari "Inspiring Excellence"
The Howie and Jamie Lorch Scholarship Endowment
Barnes & Noble Sch Quasi End
Emerging Technology Growth Fund Endowment
Lerner, Jane & Ronald
Nat Hart
Bexar Cty Pharm Assoc Pres
Peck, Lora Presidential
Link Staffing Services Sch End
Keeland, Burdette PES
Likhari Presidential
Fowler, Billie Scholarship
Cheung, Edson
Gee, Wallace
Turner, Michelle & Dale Pres
UHCL Veterans Scholarship Endowment
Maresh, Thelma Burnett
Pledger, Rosemary
Schiffick Endow
John P. & May Gee Sch End
Joan Hohlt & Roger Wich Endowment
Shipnes
Lay Presidential
Hadad, Daniel
Kmart Endow
Jesse H & M Gibbs Jones
History
Andy & Barbara Gessner "Inspiring Excellence"
Cameron "Inspiring Excellence" Sch End
Pettey Presidential Schol
President’s Students Come First
Cook-Price, Elaine
Piper,Martha
Lasso
Phillip G Hoffman Presidntl
James H Pickering Presdntl
$
Reductions
Net Assets
beginning of
year
27,043 25,704 26,686 26,608 26,665 25,420 26,430 24,350 25,223 25,216 26,321 24,106 24,201 21,822 — 25,005 — — — 25,964 24,743 25,907 21,562 18,440 24,499 24,459 Contributions
received
— — — — — — — 1,900 — — — 1,000 1,000 3,300 25,000 — 25,000 25,000 25,000 — — — 3,085 5,500 — — Net return
on investments
2,050 1,948 2,131 2,153 2,119 1,927 2,110 2,034 1,910 1,911 2,102 2,014 1,914 1,956 1,914 1,895 1,886 1,851 1,808 2,066 1,981 2,069 1,951 2,510 1,857 1,854 Return to
principal
— — — — — — — — — — — — — — — — — — — — — — — 738 — — Total
additions
2,050 1,948 2,131 2,153 2,119 1,927 2,110 3,934 1,910 1,911 2,102 3,014 2,914 5,256 26,914 1,895 26,886 26,851 26,808 2,066 1,981 2,069 5,036 8,748 1,857 1,854 Income
distribution
1,284 — 1,315 1,284 1,311 — 1,303 1,114 — — 1,298 — — — — — — — — 1,277 — 1,277 — 738 — — Institutional
advancement
— — — — — — — — — — — — — — — — — — — — — — — — — — Total
reductions
1,284 — 1,315 1,284 1,311 — 1,303 1,114 — — 1,298 — — — — — — — — 1,277 — 1,277 — 738 — — Net assets, end
of year
27,809 27,652 27,502 27,477 27,473 27,346 27,237 27,170 27,134 27,128 27,125 27,120 27,114 27,078 26,914 26,900 26,886 26,851 26,808 26,753 26,723 26,698 26,598 26,450 26,356 26,313 24,433 24,270 19,048 24,155 24,143 24,068 24,119 25,079 23,964 14,434 23,920 22,836 23,663 13,509 13,682 24,455 23,422 24,411 23,353 23,319 24,318 22,993 22,993 23,164 20,334 21,823 23,934 23,915 22,739 22,739 — — 5,000 — — — — — — 9,545 — 1,800 — 10,000 10,000 — — — — — — — — — 2,768 2,004 — — — — 1,852 1,840 1,958 1,831 1,830 1,902 1,828 2,002 1,816 1,795 1,813 1,953 1,794 1,940 1,761 1,984 1,774 1,949 1,770 1,766 1,942 1,967 1,967 1,756 1,788 1,846 1,910 1,910 1,722 1,722 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 1,852 1,840 6,958 1,831 1,830 1,902 1,828 2,002 1,816 11,340 1,813 3,753 1,794 11,940 11,761 1,984 1,774 1,949 1,770 1,766 1,942 1,967 1,967 1,756 4,556 3,850 1,910 1,910 1,722 1,722 — — — — — — — 1,228 — — — 1,111 — — — 1,029 — 1,203 — — 1,199 — — — — 952 1,179 1,179 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 1,228 — — — 1,111 — — — 1,029 — 1,203 — — 1,199 — — — — 952 1,179 1,179 — — 26,285 26,110 26,006 25,986 25,973 25,970 25,947 25,853 25,780 25,774 25,733 25,478 25,457 25,449 25,443 25,410 25,196 25,157 25,124 25,086 25,061 24,961 24,961 24,920 24,890 24,721 24,664 24,646 24,461 24,461 63
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Charles Saunders Sr Mem Sch in Entrepreneurship End
Architectural Alumni Pres.
The Thelma Hearn Scholarship
CL Knapp/Chilton Mgmt Sch
GTF Ajay & Laxmi Aggarwal End
GTF Brij & Sunita Agrawal End
McNeese, Bill & Gail
Dewan Scholarship
The Lau & Lau UHCop Growth Fund End
Holton, Mary Ann
Bhatia, Chhavi Scholarship
Mendenhall Fdn Pres. End
Hardy, Scott
Staples, Bonnie
English Scholarships Quasi
Morgan Dunn O’Connor Endowed Scholarship
Gupta, Anant Presidential
Wilson, Richard
Randall’s Endowment Schol
Gonzalez, Jesse Schol Endow Engr
Calderon, Elizabeth
Keys A. & Joan F. Curry Endowed Excellence Fund
Honors Class of 1989 Schol
Steven Hecht & Deborah Brochstein Sch End
Ruth, Donna A Library Excellence
Walker, Hap
Furman, Larry Scholarship
Sch of Ed. Program Enhancement
Sutherland, J.P.
Engineering Alumni Assoc.
Kyle, Beverly
Miles, Edwin Library
Gretta Stalsby Basketball End Schol
Hyman Sofer Memorial Scholarship Endowment
Eichhorn, Patricia
Musa & Khaleda Dakri Endow
Hispanic Bus Student Assoc
Mikela D. Kwan Scholarship Endowment
Everett J. & Mary Lee Lanik Sch End
Latin Amer Schol Quasi
Faculty Development
Franzheim, Melita
Sanchez Family Found End
Kroger Pharmacy Endow Sc
Morton, Shelby
GPA Improvement
Mexican Women’s Initiative End
College Of Educ Alumni Endow
Saunders, Betti & Charles
Nelson Esther Marion
Stafford Outstanding CIS Graduate
Margaret & James Elkins
Linda & Ken Lay Family End
Marilyn & R.E. Reamer End
Castillo, Alicia S Memorial Schol
Nicholson, Charles
$
Reductions
Net Assets
beginning of
year
7,747 22,639 22,612 22,589 22,593 22,593 23,581 21,973 19,220 23,090 22,129 22,044 22,860 19,337 22,840 — 21,816 20,134 21,764 21,709 22,520 11,532 21,367 13,889 21,416 22,289 22,268 19,258 Contributions
received
15,000 — — — — — — 400 3,200 50 — — — 2,500 — 21,800 — 1,550 — — — 10,000 — 7,500 — — — 2,000 Net return
on investments
1,980 1,716 1,713 1,712 1,693 1,693 1,787 1,750 2,413 1,861 1,676 1,671 1,825 1,706 1,824 1,704 1,654 1,737 1,648 1,645 1,707 2,047 1,713 1,674 1,623 1,780 1,681 1,586 Return to
principal
— — — — — — — — — — — — — — — — — — — — — — — — — — — — Total
additions
16,980 1,716 1,713 1,712 1,693 1,693 1,787 2,150 5,613 1,911 1,676 1,671 1,825 4,206 1,824 23,504 1,654 3,287 1,648 1,645 1,707 12,047 1,713 9,174 1,623 1,780 1,681 3,586 Income
distribution
310 — — — — — 1,118 — 769 1,127 — — 1,120 — 1,126 — — — — — 1,069 461 — — — 1,099 1,055 — Institutional
advancement
— — — — — — — — — — — — — — — — — — — — — — — — — — — — Total
reductions
310 — — — — — 1,118 — 769 1,127 — — 1,120 — 1,126 — — — — — 1,069 461 — — — 1,099 1,055 — Net assets, end
of year
24,417 24,354 24,324 24,302 24,286 24,286 24,251 24,123 24,064 23,874 23,805 23,715 23,565 23,544 23,538 23,504 23,469 23,421 23,412 23,355 23,157 23,118 23,080 23,063 23,039 22,970 22,893 22,844 22,076 21,130 21,520 19,975 21,892 20,558 21,840 20,831 20,560 9,155 20,594 21,618 21,240 20,416 20,324 20,313 19,510 21,170 14,213 20,275 20,272 21,110 20,183 20,151 20,151 20,151 20,120 20,928 — — — 1,000 — 500 — — 200 11,390 — — 291 — — — 770 — 6,000 — — — — — — — — — 1,763 1,598 1,925 1,597 1,748 1,488 1,655 1,583 1,552 1,749 1,695 1,726 1,645 1,547 1,547 1,539 1,551 1,689 1,608 1,536 1,535 1,686 1,530 1,527 1,527 1,527 1,540 1,671 — — — — — — — — — 366 — — — — — — — — — — — — — — — — — — 1,763 1,598 1,925 2,597 1,748 1,988 1,655 1,583 1,752 13,505 1,695 1,726 1,936 1,547 1,547 1,539 2,321 1,689 7,608 1,536 1,535 1,686 1,530 1,527 1,527 1,527 1,540 1,671 1,088 — 731 — 1,079 — 1,037 — — 366 — 1,066 979 — — — — 1,037 — — — 1,041 — — — — — 1,032 — — — — — — — — — — — — — — — — — — — — — — — — — — — — 1,088 — 731 — 1,079 — 1,037 — — 366 — 1,066 979 — — — — 1,037 — — — 1,041 — — — — — 1,032 22,751 22,728 22,714 22,571 22,561 22,547 22,459 22,414 22,312 22,294 22,290 22,278 22,198 21,963 21,870 21,851 21,831 21,822 21,821 21,812 21,807 21,755 21,713 21,678 21,678 21,678 21,661 21,567 64
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Lena & Marc Malacoff Sch End
Douthitt, Helen Scholarship
College of NSM Growth Fund End
Silver Anniversary Schol.
Zipper, Robert
Lepow, Dr. Ronald
Huggins, Sara
Anderson, Pat
Kirkpatrick, C. V. Engineering
Look, Garret Dawson "Sonny"
Druary, John Scholarship
Vince & Louise Foster Faculty Award Endow
Hong Kong City Mall/Hai Du Duong
Hall, George
Galveston Musical
FKP Architects/Charles Sundin Sch
J. Scott Chase Endowment in Opera
West Endowment Scholarship
John D. & Susan K. Thompson Family Sch End
Ted L. Estess Faculty Award Endowment
Honorable Russell P. Austin End for Legal Studies
Richard & Dawn Rawson Sch End
JPMorgan Chase End for Excellence in CMAS
Simmons, Lonnie Scholarship
Tarrant County Pharmacy Assoc.
Winius/Brandon/Blumberg
Fitsimmons, Charles
Earl Monk UH TierOne Scholarship Endowment – Business
Earl Ray Monk UH TierOne Scholarship Endowment – Class
Charles & Betti Saunders End
Dr. Walter Cubberly Memorial Fellowship Endowment
Lentz Scholarship
Marlatt E.E.
Assn of Well Head Equip Manufacturing Sch End
Ctr for Mexican American Studies
Lack, Jean Preston
Ray A. Kroc Schol Endow
Speech Scholarship Quasi
Soliz, Olga MAS
Hopkin End Schol
Literature Scholarship
Axtmann, Terry & Christina
McCary, John Leslie
Elden Schol Endow
Faculty Special
Society of Iranian American Women for Education
Dr. Victor A. Zaloom Scholarship Endowment
Siegel, Stanley TX History
Dennis Allen Mem Sch End
Jerri Lee Pledger Scholarship Endowment
Mindiola, Tacho & Cindy
Virginia Collier Mem Endow
Roger & Linda Bilstein End
Loomis, Carol & Scott Scholarship
Mason, Lynn & Marcel HRM
Bombaywala, Ghulam
$
Reductions
Net Assets
beginning of
year
19,971 20,831 17,616 19,925 20,780 20,707 20,682 20,673 19,742 19,702 20,346 19,551 19,346 19,343 20,176 19,268 19,481 19,205 19,257 19,220 18,873 19,008 19,119 19,046 19,007 19,813 18,797 — — 18,770 Contributions
received
— — 2,500 — — — — — — — — — — — — — — — — — — — — — — — — 18,750 18,750 — Net return
on investments
1,521 1,663 2,035 1,510 1,657 1,653 1,652 1,650 1,496 1,493 1,681 1,494 1,465 1,465 1,611 1,514 2,079 1,560 2,182 2,178 2,435 2,049 1,384 1,444 1,471 1,582 1,424 1,415 1,415 1,386 Return to
principal
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — Total
additions
1,521 1,663 4,535 1,510 1,657 1,653 1,652 1,650 1,496 1,493 1,681 1,494 1,465 1,465 1,611 1,514 2,079 1,560 2,182 2,178 2,435 2,049 1,384 1,444 1,471 1,582 1,424 20,165 20,165 1,386 Income
distribution
— 1,027 705 — 1,024 1,021 1,019 1,019 — — 917 — — — 995 — 779 — 770 769 755 523 — — — 977 — — — — Institutional
advancement
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — Total
reductions
— 1,027 705 — 1,024 1,021 1,019 1,019 — — 917 — — — 995 — 779 — 770 769 755 523 — — — 977 — — — — Net assets, end
of year
21,491 21,468 21,446 21,435 21,413 21,339 21,314 21,304 21,239 21,195 21,110 21,045 20,810 20,808 20,792 20,782 20,781 20,766 20,670 20,628 20,553 20,534 20,503 20,490 20,478 20,418 20,221 20,165 20,165 20,156 — 19,394 19,428 18,343 17,436 19,331 18,471 19,232 18,396 18,344 17,314 18,328 19,111 18,172 19,042 8,130 8,130 18,170 13,136 17,775 17,881 14,918 16,160 17,768 17,344 18,470 18,660 50 — — 1,100 — — — — 35 1,000 — — 100 — 10,000 10,000 — 5,025 — — 2,961 1,625 — 362 — 1,411 1,547 1,551 2,351 1,417 1,543 1,400 1,536 1,393 1,393 1,407 1,389 1,526 1,411 1,521 1,445 1,445 1,377 1,364 1,704 1,355 1,350 1,403 1,327 1,364 1,475 — — — — — — — — — — — — — — — — — — — — — — — — — — 20,071 1,597 1,551 2,351 2,517 1,543 1,400 1,536 1,393 1,428 2,407 1,389 1,526 1,511 1,521 11,445 11,445 1,377 6,389 1,704 1,355 4,311 3,028 1,327 1,726 1,475 — 941 958 734 — 947 — 948 — — — — 942 — 939 — — — — — — — — — — 910 — — — — — — — — — — — — — — — — — — — — — — — — — — — 941 958 734 — 947 — 948 — — — — 942 — 939 — — — — — — — — — — 910 20,071 20,050 20,021 19,960 19,953 19,927 19,871 19,819 19,789 19,773 19,721 19,718 19,695 19,683 19,623 19,575 19,575 19,547 19,525 19,478 19,236 19,229 19,189 19,096 19,069 19,035 65
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Mitchell, Robert Scholar
Robert J. Mitchell Sch for Math & Phy Sci
Tilman Fertitta Schol Endow
Jack E Wilson Endowment
CVS Caremark Scholarship Endowment
Bristol Hotel
Cheryl M. Carlucci Scholarship Endowment
Friends Of UH Victoria
Asian Amer Immigrant
Wallace, Jack & Anne
Lehrman/Kolbe Quasi
Phi Beta Delta
Cain Chemical
Sophie Pledger UH TierOne Schol Endow
Wheless, Leslie And Kim
Voelkel, Stanley
Smith-Wensveen Fellowship Endowment
School of Education Alumni Scholarship Endowment
Todd B. Colvin Schol End
Crouch, Pauline Moss
Alkek Schol Endow
Zimmer, Bill & Helen
State Farm – Ctr Mex Amer.
Barrios, Robinson Schol Endow
Cooper, Sara
Goodrich, Ann Schol Endow
Croft, John
Hill, Laurita & John
Day, Martin & Betty
Phyllis & Mudge Miller Endow
Michelle & Ed Noack Sch End
Family Therapy
Joe Martin Scholarship End
Houston,. Robert
Gupta Academic Award End
Warner, Dr. Allen R.
Fredric A & Betsy C Weber Sch
Educ Leadership
Larry & Phyllis Hughes
Faculty Senate Enhancement Endowment
Breedlove, rote
Lockheed Martin Scholarship
Robin French Family Scholarship Endowment
Delta Sigma Pi
Den B. Chin & May K. Chin End
Brezina/Visd Golf
Foley, Kathryn Quasi
Glazer’s Endowment
Mieszkowski, Gretchen
Silin, Charles
Class Quasi Scholarship Endowment
Capobianco, Rudolph
Douthitt, Helen Library
First Capital Bank
Bobby Bizzell Memorial Scholarship Endowment
Bumgardner
$
Reductions
Net Assets
beginning of
year
17,680 7,688 18,364 10,696 17,582 17,562 17,185 17,501 18,187 17,394 17,300 16,101 17,897 — 17,089 17,778 — — 16,905 17,569 16,814 17,493 16,744 13,800 17,472 16,727 17,426 17,314 17,299 16,517 11,192 16,346 Contributions
received
— 10,000 — 6,733 — — — — — — — 1,100 — 17,100 — — 17,000 16,941 25 — — — — 2,800 — — — — — — 5,000 — Net return
on investments
1,340 1,611 1,466 1,495 1,333 1,331 1,677 1,325 1,452 1,292 1,311 1,328 1,428 1,292 1,294 1,420 1,292 1,273 1,283 1,402 1,274 1,397 1,270 1,410 1,395 1,269 1,392 1,383 1,381 1,256 1,426 1,240 Return to
principal
— — — — — — 687 — — — — — — — — — — — — — — — — — — — — — — — — — Total
additions
1,340 11,611 1,466 8,228 1,333 1,331 2,364 1,325 1,452 1,292 1,311 2,428 1,428 18,392 1,294 1,420 18,292 18,214 1,308 1,402 1,274 1,397 1,270 4,210 1,395 1,269 1,392 1,383 1,381 1,256 6,426 1,240 Income
distribution
— 308 905 — — — 687 — 897 — — — 882 — — 876 — — — 860 — 862 — — 861 — 859 853 853 — — — Institutional
advancement
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — Total
reductions
— 308 905 — — — 687 — 897 — — — 882 — — 876 — — — 860 — 862 — — 861 — 859 853 853 — — — Net assets, end
of year
19,020 18,991 18,925 18,924 18,916 18,893 18,862 18,826 18,742 18,685 18,611 18,529 18,443 18,392 18,383 18,322 18,292 18,214 18,214 18,111 18,088 18,027 18,014 18,009 18,006 17,996 17,958 17,843 17,827 17,773 17,618 17,586 15,287 15,872 16,265 13,176 16,185 16,163 15,050 14,767 15,573 16,667 10,809 16,002 15,872 16,596 16,543 15,784 15,905 16,426 15,717 16,404 16,403 16,398 15,717 16,351 1,000 400 — 3,000 — — 1,073 1,440 1,000 — 5,000 500 — — — — 525 — — — — — — — 1,271 1,284 1,210 1,272 1,231 1,225 1,228 1,632 1,335 1,263 1,307 1,340 1,195 1,258 1,322 1,195 1,265 1,311 1,197 1,310 1,310 1,308 1,152 1,306 — — — — — — — — — — — — — — — — — — — — — — — — 2,271 1,684 1,210 4,272 1,231 1,225 2,301 3,072 2,335 1,263 6,307 1,840 1,195 1,258 1,322 1,195 1,790 1,311 1,197 1,310 1,310 1,308 1,152 1,306 — — — — — — — 591 723 791 — 760 — 788 811 — 733 809 — 809 809 808 — 806 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 591 723 791 — 760 — 788 811 — 733 809 — 809 809 808 — 806 17,558 17,556 17,475 17,449 17,416 17,388 17,351 17,248 17,185 17,140 17,115 17,082 17,068 17,066 17,054 16,979 16,962 16,928 16,914 16,905 16,904 16,898 16,870 16,851 66
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
John Moores Humanitarian Sch
Sylvester Turner Public Service Sch
Bettencourt, Dorothy
Harrison Waldron & Wherek
Int’l Bank of Commerce
Sloan, Everett
Linda Bell Endowed Scholarship
Smith, Judge Shern
Fitzsimmons, Dana S.
Benbrook/Foerster
Carole Hegenbarth Scholarship Endowment
New York Life
Houston Office Leasing Ass.
Waskey, Ted
Brookshire Brothers Pharmacy Endowed Scholarship
Bill & Sue McMahon Rem Ed Bar
Smith, June D.
Citizens National Bank
Anne & Edgar Lackner Quasi Endow to support MD Anderson Lib
Walker, Kay Kerr
Powers Brown Architecture Scholarship Endow
David D. Red Scholarship Endowment
Columbia Healthcare
Luchsinger, Amy & John
Williams, Louis Awards
Andrews Foundation Scholarship
Max Castillo President’s Scholarship Endowment
Dr. Diana Chow Grad Fellowship End in Pharmaceutics
Tapp, Teresa Quasi
UH Communications Disorders
Boeing Company
McMillian/Gerstacker Schol
Stewart, Josephine
Frede, Ralph
Gunter, Thomas Robert
Lattin, Gerald
Perkin Elmer Corp.
Marshall, Faith Gladstone
Christy Drennan Memorial Sch End
Loya, Miguel & Ana
Wiley, Mary
Pia Excellence
Harper, Mabel Jewel
Tipton, Rose & Taylor
Palacios, Ctr for Mex. Amer Studies
Barnstone, Howard
Richard L. Nelson Excellence Writing Award End
Jones, Benjamin Scott
Kohler, Dave
Perez, Frank Scholarship
Tomac, Peter J. for HRM
Olga & Gerardo Balboa Scholarship Endowment
Shaw, Betty
Bermudez, Peter
Prichard, C Victor
Sterns Sociology Schol Endow
$
Reductions
Net Assets
beginning of
year
15,611 15,611 15,614 16,258 16,250 16,219 15,583 16,193 14,479 16,117 15,529 16,068 15,316 15,945 15,224 15,235 15,217 15,900 — 15,213 15,272 15,087 15,726 15,033 12,936 15,011 — — 14,832 14,813 15,437 11,765 15,338 15,287 Contributions
received
— — — — — — — — 1,000 — — — — — — — — — 15,229 — — — — — 2,050 — 15,000 15,000 — — — 3,000 — — Net return
on investments
1,163 1,163 1,159 1,297 1,298 1,287 1,142 1,293 1,204 1,287 1,684 1,282 1,160 1,280 1,195 1,161 1,176 1,269 1,149 1,153 1,068 1,123 1,192 1,139 1,173 1,140 1,148 1,109 1,117 1,121 1,231 1,118 1,225 1,221 Return to
principal
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — Total
additions
1,163 1,163 1,159 1,297 1,298 1,287 1,142 1,293 2,204 1,287 1,684 1,282 1,160 1,280 1,195 1,161 1,176 1,269 16,378 1,153 1,068 1,123 1,192 1,139 3,223 1,140 16,148 16,109 1,117 1,121 1,231 4,118 1,225 1,221 Income
distribution
— — — 801 801 777 — 798 — 794 621 792 — 780 — — — 783 — — — — 746 — — — — — — — 760 — 756 754 Institutional
advancement
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — Total
reductions
— — — 801 801 777 — 798 — 794 621 792 — 780 — — — 783 — — — — 746 — — — — — — — 760 — 756 754 Net assets, end
of year
16,774 16,774 16,773 16,754 16,747 16,730 16,726 16,688 16,683 16,610 16,592 16,558 16,476 16,445 16,419 16,396 16,392 16,386 16,378 16,366 16,340 16,211 16,172 16,172 16,159 16,151 16,148 16,109 15,948 15,934 15,909 15,883 15,806 15,754 15,271 15,249 15,250 15,013 14,500 14,483 15,092 15,053 14,631 14,233 14,072 14,609 9,335 12,369 12,688 12,779 14,386 3,752 14,252 13,647 14,232 13,414 — — — 225 — — — — 200 — — — 4,500 1,500 1,200 1,000 — 9,825 — — — — 1,219 1,216 1,218 1,215 1,105 1,093 1,205 1,201 1,192 1,079 1,060 1,166 1,145 1,104 1,047 1,067 1,148 1,217 1,138 1,035 1,136 1,017 — — — — — — — — — — — — — — — — — 150 — — — — 1,219 1,216 1,218 1,440 1,105 1,093 1,205 1,201 1,392 1,079 1,060 1,166 5,645 2,604 2,247 2,067 1,148 11,192 1,138 1,035 1,136 1,017 753 748 752 740 — — 744 742 709 — — 715 — — — — 705 150 703 — 697 — — — — — — — — — — — — — — — — — — — — — — — 753 748 752 740 — — 744 742 709 — — 715 — — — — 705 150 703 — 697 — 15,738 15,717 15,716 15,714 15,605 15,576 15,553 15,512 15,313 15,312 15,133 15,060 14,980 14,972 14,935 14,846 14,829 14,794 14,687 14,682 14,671 14,431 67
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Morgan, Jeanette
Rohm & Haas
Nikolaidi, Elena
UHCL Quasi Endowment Growth Fund
Dept of Chem & Biomolecular Engr Founders’ Sch
BP Chemicals
TX Assoc of Environ. Prof
Massad Family Scholarship
Charles & Margie Denson Sch End
Matthew B. & Tamara Steele Faculty Award End
Fiesta Mart Endow-MAS
Pelton, Barry C.
Barr, Betty Scholarship
Zawadski, Robert
Houston Area Corps of Cadets/MOAA
Mechanical Engineering Tech Excellence Fund End
Susan Speight Fam Ther End
Jerry & Marge Crum Football Scholarship End
Bobbitt McCall, Donna Schol.
Schissler Fdn UH TierOne Scholarship Endowment
Mike and Teresa Baker Volleyball Sch End
Center For Children
Okumura, Roy
Lawson, French W.
Bullard Schol Endow
Administaff
Early Childhood Education
Andre Ware Scholarship Endow
Becky & Truman Arnold Sch
Gerald W. McElvy UH TierOne Scholarship Endowment
Chambers, Velma
McCollum Eleanor
Lonnie Simmons Sch Quasi End
Blaffer, Sarah Cambell Schol
Strahan, Richard
Monsignor George
Akin, Ted Scholarship
Hodge Res Sch Endow
McClellan, LaVerne
Werthemeir, Henry Scholarship
Berry, Frank Jr Quasi Int Design
Amegy Bank of Texas Endowment
Brown, Robert Scholarship
Engineering Tech Excel Fund
University Libraries
G B Tech Inc. Res. Asst.
Rauscher, Pierce, Refnes Ath Scholarship End
Pieratt, Harold & Doris
Neumann Cultural Quasi
Monsanto End/Honor
Gourmet Night
Coastal Corp Schol Endow
Miller, Michel Scholarship
Porter, Mattie
Belgacem Lies Baghdadi Memorial Scholarship
Wilford Weber Memorial Scholarship End
$
Reductions
Net Assets
beginning of
year
13,999 13,984 13,906 9,186 13,008 13,659 13,078 12,874 12,949 7,679 7,774 13,420 13,401 12,764 10,829 2,500 11,601 13,125 12,384 — 12,495 13,032 13,020 12,948 12,380 12,903 11,210 12,836 12,284 — 12,233 12,165 12,149 12,670 12,494 12,447 Contributions
received
— — — 4,000 — — — — — 5,000 5,000 — — — 1,780 10,050 1,000 — — 12,500 — — — — — — 1,025 — — 12,250 — — — — — — Net return
on investments
1,118 1,116 1,110 1,363 1,127 1,090 987 1,107 986 1,249 1,090 1,072 1,016 972 1,017 1,036 982 1,048 1,086 957 944 1,041 1,040 1,034 932 1,030 1,019 1,025 930 913 928 921 925 1,012 947 943 Return to
principal
— — — — — — — — — 307 — — — — — 100 — — — — — — — — — — — — — — — — — — — — Total
additions
1,118 1,116 1,110 5,363 1,127 1,090 987 1,107 986 6,556 6,090 1,072 1,016 972 2,797 11,186 1,982 1,048 1,086 13,457 944 1,041 1,040 1,034 932 1,030 2,044 1,025 930 13,163 928 921 925 1,012 947 943 Income
distribution
690 687 685 367 — 673 — — — 307 — 662 636 — — 100 — 647 — — — 642 642 638 — 636 — 629 — — — — — 625 593 591 Institutional
advancement
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — Total
reductions
690 687 685 367 — 673 — — — 307 — 662 636 — — 100 — 647 — — — 642 642 638 — 636 — 629 — — — — — 625 593 591 Net assets, end
of year
14,426 14,413 14,331 14,182 14,135 14,076 14,065 13,981 13,935 13,927 13,865 13,829 13,781 13,735 13,626 13,586 13,582 13,526 13,471 13,457 13,439 13,431 13,418 13,343 13,312 13,297 13,254 13,232 13,214 13,163 13,161 13,087 13,074 13,056 12,848 12,799 11,871 11,757 9,496 11,660 11,653 11,382 11,948 11,520 12,014 11,839 11,721 11,224 11,648 11,522 11,613 11,102 11,573 11,020 10,979 10,472 — — 2,167 — — — 100 — — — — — — 110 — — (500) — — 414 900 891 907 884 883 1,038 960 872 959 945 936 851 930 928 927 842 837 880 919 1,328 — — — — — — — — — — — — — — — — — — — — 900 891 3,073 884 883 1,038 1,060 872 959 945 936 851 930 1,038 927 842 337 880 919 1,742 — — — — — — 588 — 592 584 578 — 574 568 572 — — — — 419 — — — — — — — — — — — — — — — — — — — — — — — — — — 588 — 592 584 578 — 574 568 572 — — — — 419 12,771 12,649 12,569 12,543 12,536 12,421 12,420 12,392 12,382 12,201 12,079 12,074 12,004 11,992 11,968 11,943 11,910 11,900 11,898 11,795 68
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Barbara Samuels Educational End
Hobby, William
Goldman, Ruthmary
Andries Lott Schol Endow
Dr. Asghar Nazemzadeh Memorial Sch Endowment
Robert J. Jones Endow
Hall, George & MyraJane Ind Engnr
Robinson, Donald
Goerke, Glenn & Joyce
Wayne & Dolores Gentsch
Environmental Mgmt Scho
Chiappetta, Dr. Eugene
Harcrow, Stephen
Czarnek And Patalik Music
Roger & Victoria Berry UH TierOne Scholarship Endowment
Eve Mieszkuc
HARLIC Endow MD Anderson Lib
Bryce and Jan Scott Endowed Scholarship
Univ Community Sch End Honors
Raymond Oeland McCall Sch End
Donald & Jane McClelland Library Endowment
Pan American Golf Assn of Victoria Endowed Scholarship
Phi Kappa Phi Scholarship
Smith, Arthur K.
Ellen & Jim Seigler Endowment
Foerster, Cecile
Akzo Chemical
Verghese Fellowship Endowment
Hollingsworth, Marcile Science Educ.
Martinez, George & Kathryn
Barbara Hopmann Quasi
Marvin & Joan Kaplan UH TierOne Scholarship Endow
Carlo & Kristen Pippolo UH TierOne Scholarship Endowment
Ed & Sue Clark UH TierOne Scholarship Endowment
Rizk, Fred Quasi
Lopez, Joe Scholarship
Phillips, Anne Reynolds
Countryman, Mark Scholarship
Robert L. Boblitt
Hamilton, Elmer Schol.
Blessan Samuel Memorial Sch Endow
Joanna Friesen Endow Sch
Laura E Swails Schol End
Snyder, Carol Lynn
Torres, Rosemary Segovia Scholarship
Hall, George & Myrajane Schol.
Smith, June Duhar Schol. Quasi
Roy Weise Jr Schol
Coastal Securities – Honors
Dr. Ted Leibfried Legacy Scholarship Endow
Texas Pharmacy Foundation Sch End
Mezzino, Michael Mathematics
Handal, Suzanne May Scholar.
Art Education Endow
Air Products
Baldwin, Mike
$
Reductions
Net Assets
beginning of
year
9,957 10,926 10,891 10,388 10,850 11,330 8,742 10,732 10,732 8,185 10,481 10,642 10,585 7,705 — 10,893 — — 10,275 9,951 — — 10,750 10,252 7,688 10,134 10,536 10,089 10,055 10,513 10,019 — — — 10,378 10,399 10,357 9,328 Contributions
received
1,000 — — 500 — — 2,000 — — 2,500 200 — — 2,795 10,500 — 10,426 10,400 — 375 10,340 10,310 — — 2,500 — — — — — 10 10,000 10,000 10,000 — — — 600 Net return
on investments
825 828 825 828 1,262 859 819 813 813 829 815 807 802 795 774 869 787 770 856 786 765 768 815 799 1,056 768 841 765 761 797 760 754 734 723 828 788 827 740 Return to
principal
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — Total
additions
1,825 828 825 1,328 1,262 859 2,819 813 813 3,329 1,015 807 802 3,590 11,274 869 11,212 11,170 856 1,161 11,105 11,078 815 799 3,556 768 841 765 761 797 770 10,754 10,734 10,723 828 788 827 1,340 Income
distribution
— — — — 434 538 — — — — — — — — — 537 — — — — — — 510 — 308 — 519 — — 499 — — — — 511 494 511 — Institutional
advancement
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — Total
reductions
— — — — 434 538 — — — — — — — — — 537 — — — — — — 510 — 308 — 519 — — 499 — — — — 511 494 511 — Net assets, end
of year
11,782 11,754 11,716 11,716 11,678 11,651 11,560 11,546 11,545 11,514 11,496 11,448 11,387 11,295 11,274 11,225 11,212 11,170 11,131 11,112 11,105 11,078 11,055 11,051 10,936 10,902 10,858 10,854 10,816 10,810 10,789 10,754 10,734 10,723 10,695 10,693 10,673 10,668 10,354 9,896 9,908 9,766 9,855 10,272 9,795 9,757 10,176 9,729 10,172 9,722 9,634 9,650 9,649 9,598 10,025 9,594 — — — 100 — — — — — — — — — — — 25 — — 785 750 733 768 745 778 742 742 812 737 771 730 757 731 731 729 801 727 — — — — — — — — — — — — — — — — — — 785 750 733 868 745 778 742 742 812 737 771 730 757 731 731 754 801 727 491 — — — — 487 — — 501 — 483 — — — — — 494 — — — — — — — — — — — — — — — — — — — 491 — — — — 487 — — 501 — 483 — — — — — 494 — 10,647 10,646 10,641 10,635 10,599 10,563 10,537 10,499 10,487 10,466 10,460 10,452 10,392 10,382 10,381 10,352 10,332 10,322 69
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Albright, Frell
Cohen, Prudence Scholarship
Hill, Margaret & Alan
Bettencourt, Sara
Harris, DeYossie
Florence Nightingale Mem Schol
L. Green & B. Schachtel-Green
Wells Fargo Scholarship
Andrea L Smesny Schol Endow
Rodriguez, Robert
Meat Science
Susan & Tom Williams Graduate Sch End
Sterling Chemical
Magner, George
Gore-Laird & Liberman Scholarship
Nollie Mayo 8-12 Teacher Educ
Adair, Wendy Scholarship
Hooker, Dr. Richard Endow
Sterr, Margie Scholarship
Bove, Frank
Haynes & Nickelson Quasi
Marjorie Gurasich Endow
Medh, Urvish
Smith, June Early Childhood Dev
Hayes Scholarship
Victoria Sunrise Rotary Schol
Social Sciences Alumni Quasi
Bill Yeoman Athletic Scholarship Endow
Bowers Endowment
Kenneth & Patty Korthauer Endowed Scholarship
Bruce & Ann Biundo End Sch
Stern, David O. in LASS
Meier, Wilber & Judy
Annual Fund Endow
Leslie & Alan Ma Wong Scholarship End
Rose & William B. Calhoun UH TierOne Sch End
Congressman Gene Green MAS
June L. Chin Presidential Endowed Fellowship
Betty & Harry Jukes End
Disney, Brian & Lisa Track Endow
Hamilton, Allie Scholarship
Fowles Family Schol
Hernadez, Dr. Mary Lou
Mom’s Pharmacy Schol Endow
Peek Family Scholarship Endowment
Adams, Martin
Kuriger, Richard Charles
NCMA Space City
Willis & Patsy Johnson Sch End
Leland F. Zatopek Memorial Sch End
Pascoe, Kathleen
Patel, Nilkanth & Yamini
Kenton Lloyd Smith Pharmacy Ethics
Union Pacific for Mex.Amer Studies
George L & Myrajane E Hall Sch
John S & Elena M Zaccaria Scholarship Endow
$
Reductions
Net Assets
beginning of
year
9,996 9,568 8,831 9,521 9,467 9,511 8,210 9,494 7,819 9,468 9,857 4,000 9,844 9,431 8,813 9,410 9,405 9,385 9,375 9,377 9,363 9,844 9,318 9,221 9,629 9,191 9,592 9,609 9,133 4,065 5,502 9,045 9,424 9,016 3,901 — 8,982 — 8,968 8,967 Contributions
received
— — 700 — 50 — 1,250 — 1,563 — — 5,470 — — 619 — — — — — — (500) — — — — — — — 5,000 3,500 — — — 5,000 9,000 — 9,000 — — Net return
on investments
798 725 749 722 724 722 757 720 829 718 786 687 786 710 692 711 705 711 711 701 709 720 718 699 726 707 766 728 691 731 755 685 752 683 797 675 674 655 679 680 Return to
principal
— — — — — — — — — — — — — — — — — — — — — — 378 — — — — — — — — — — — 156 — — — — — Total
additions
798 725 1,449 722 774 722 2,007 720 2,392 718 786 6,157 786 710 1,311 711 705 711 711 701 709 220 1,096 699 726 707 766 728 691 5,731 4,255 685 752 683 5,953 9,675 674 9,655 679 680 Income
distribution
490 — — — — — — — — — 486 — 485 — — — — — — — — — 378 — 452 — 473 456 — — — — 465 — 156 — — — — — Institutional
advancement
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — Total
reductions
490 — — — — — — — — — 486 — 485 — — — — — — — — — 378 — 452 — 473 456 — — — — 465 — 156 — — — — — Net assets, end
of year
10,304 10,293 10,280 10,243 10,242 10,233 10,217 10,214 10,210 10,185 10,158 10,157 10,145 10,141 10,124 10,121 10,110 10,096 10,087 10,078 10,073 10,064 10,036 9,919 9,902 9,898 9,885 9,881 9,824 9,796 9,757 9,731 9,711 9,700 9,698 9,675 9,656 9,655 9,647 9,647 8,946 8,902 8,942 8,892 3,862 8,877 8,859 8,858 8,869 8,840 8,834 8,770 8,733 8,712 8,664 8,620 — 30 — — 5,000 — — — — — — — — — — — 678 683 674 674 703 673 671 671 653 662 668 655 640 660 656 671 — — — — — — — — — — — — — — — — 678 713 674 674 5,703 673 671 671 653 662 668 655 640 660 656 671 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 9,624 9,616 9,615 9,566 9,565 9,549 9,530 9,530 9,521 9,502 9,502 9,425 9,373 9,373 9,319 9,291 70
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
Alton & Sandra Kanak Endowed Scholarship
Joseph Schatz Scholarship End
Miller, Clyde & Susan Scholarship
Spacehab End Sch-Chet Lee
The Val Link Endowed Scholarship in Art
James & Elena Hesbrook End Sch
Verghese Excel Endow-Tech
Steven Ronald Martin Sch End
Texas German Studies
W. Benjamin Fry Rio Grande Valley Endowed Sch
Wells Fargo Scholars Community
Franklin & Virginia Law Sch End
Houston Area Pharmacist Association End Sch
O’Neill, Michael & Donna
Georgeanna Stanton
Ameena Colombowala Mem
Dwight E. Davis Sch End
Corisman Excellence Presidential Endowed Fellowship
Lynn & Bill Simpson Sch End
Larry Gatlin Music End
Mortar & Pedal Ride Scholarship Endowment
Goel Academic Achievement
Forkner, William
Alam, Dr. Maktoob
Dean Joseph P. Buckley End
Martin Antonio Flores Sch End
The Red White & Blue Schol End
Dorff, Linda Scholarship
Wilheimina R. Morian End
Charlene & Phillip Carrol
Stevens, Barksdale
UH College of Pharmacy Dean’s Executive Council
Clay Hoster UH TierOne Scholarship Endowment
Ohia-Edet Memorial Endow
Suzanne Woo Honorary Sch Endow
Louise Woestemeyer Sch End
Seaver
Claud J. Jacobs Baseball End
Henry and Tanya Matula Endowment
Henry & Charlene McClain Endowed Scholarship
Horizon Capital Bank
Adamo, Joseph
Duangploy Memorial Scholarship Endowment
Gary K. and Linda B. Rice Sch End
Strane, Miriam
Matthews, Frank & Dorothy
Bauer Alumni Assn Scholarship Endowment
Counseling & Psych.Serv. Quasi
Johnnie Fadal Endowed Scholarship
Paul R. & Nancy G. Borneman Scholarship End
Kai-King Chow & Cheng-Yok Chow End Sch
Blanton, Jack
Mark Shadle Scholarship Endowment
Elena, Veronica, and Johnny Guerra Sch End
Stephen Harbachick End
Weltzien Endowed Scholarship
$
Reductions
Net Assets
beginning of
year
4,637 8,597 8,576 8,497 8,475 6,432 8,452 8,448 8,801 6,168 8,375 8,332 8,283 8,226 8,244 8,236 8,209 3,104 8,187 8,171 8,149 8,142 8,481 8,113 7,610 8,070 8,067 8,062 8,060 8,060 8,371 7,734 — 8,016 7,588 7,956 7,920 7,899 7,758 7,801 8,219 7,883 Contributions
received
4,000 — — — — 2,000 — — — 2,083 — — — — — — — 5,000 — — — — — — 500 — — — — — — 340 8,000 — 313 — — — — — — — Net return
on investments
813 641 650 647 668 697 652 643 703 761 636 633 617 655 625 624 626 718 623 619 629 617 677 615 617 614 614 611 611 611 668 857 605 579 691 592 600 602 728 679 657 563 Return to
principal
— — — — — — — — — 170 — — — — — — — 124 — — — — — — — — — — — — — — — — — — — — — — — 363 Total
additions
4,813 641 650 647 668 2,697 652 643 703 3,014 636 633 617 655 625 624 626 5,842 623 619 629 617 677 615 1,117 614 614 611 611 611 668 1,197 8,605 579 1,003 592 600 602 728 679 657 926 Income
distribution
185 — — — — — — — 431 170 — — — — — — — 124 — — — — 418 — — — — — — — 413 309 — — — — — — — — 405 363 Institutional
advancement
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — Total
reductions
185 — — — — — — — 431 170 — — — — — — — 124 — — — — 418 — — — — — — — 413 309 — — — — — — — — 405 363 Net assets, end
of year
9,265 9,239 9,226 9,144 9,143 9,130 9,104 9,091 9,074 9,012 9,012 8,965 8,900 8,880 8,869 8,859 8,835 8,822 8,810 8,790 8,779 8,758 8,740 8,728 8,727 8,685 8,681 8,672 8,671 8,671 8,627 8,622 8,605 8,596 8,591 8,548 8,519 8,501 8,486 8,481 8,471 8,446 7,862 7,770 7,859 7,817 7,433 7,790 7,691 7,792 7,792 7,769 7,772 7,580 7,708 7,641 — — — — — — — — — — — — — — 569 656 561 593 967 591 846 571 571 588 582 889 584 889 — — 362 — 297 — — — — — — — — — 569 656 923 593 1,264 591 846 571 571 588 582 889 584 889 — — 362 — 297 — 173 — — — — 170 — 306 — — — — — — — — — — — — — — — — 362 — 297 — 173 — — — — 170 — 306 8,431 8,426 8,420 8,410 8,400 8,381 8,365 8,363 8,363 8,357 8,354 8,299 8,292 8,224 71
(Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Endowment Name
George LeRoy & Myrajane Ereckson Hall
Scholz Family Endowment
Kagen, Norman
Sharon Sanders Hoover Mem End
Henry W. Graham End Sch
Kelsey-Seybold Scholarship Endowment
JD Field & Co Inc Schol End
Hagen, John L.
Donna R. Fox End for Faculty Support
UHAO-Victoria Chapter Endowed Scholarship
Smallman, William R.
Houston Marketing Prof Sch End
Friends of Paul J. Rice Memorial Scholarship End
William Cunningham End – Hawes
William Cunningham End – Young
Goodman Scholarship
Jaska Matthew
American Advertising Federation – Victoria End Sch
Saenz/Cantu Scholarship Endowment
Loleet Usener Eckel Sch Endow
Castaneda, Cris Scholarship
Henry, William G., Jr.
John Ashford Memorial Fund Endowment
Webb, Sandra Pharmacy Quasi
Gunasekera Int’l Sch End
Structural Consulting/Monteith
Moreno, Rosanna & Carlos Family
Bhattacharya Family Sch End
Lourdes M. & Nicanora C. Cuellar Presidential End
Fischer, Jo
Johnson, Harvey L.
Scardino, Dickie
Sai Hoon Lim Scholarship Endowment
H.P. "Buddy" Clarke Scholarship Endowment
Wilson & Jeter Endowment
Library
Fiction Collective Two Endowment
The Burch Family UH TierOne Scholarship Endowment
McInnis, Bayliss
Anthis-Callicutt Gore Quasi
Flaherty, Pat
College of Education Alumni Assn Sch End #2
Kent, Herb
Truman & Becky Arnold UH TierOne Scholarship Endowment
Net Assets
beginning of
year
7,640 7,636 7,591 7,574 7,579 7,574 7,562 7,904 7,549 7,433 7,527 7,540 4,580 7,450 7,450 7,438 7,435 5,619 7,360 7,345 7,346 7,279 2,875 7,199 6,824 6,664 6,613 6,568 — 6,681 6,671 6,305 — 2,478 5,838 6,009 2,322 — 5,447 5,664 5,544 758 5,210 — Contributions
received
— — — — — — — — — — — — 2,750 — — — — 1,500 — — — — 4,193 — 300 — — — 6,500 — — — 6,000 3,334 — — 3,200 5,500 — — — 4,500 — 5,000 Net return
on investments
575 560 575 585 577 577 573 598 575 967 570 549 703 571 571 563 564 822 561 559 557 552 694 543 513 498 485 469 499 533 506 504 444 578 417 480 503 414 389 429 442 431 372 383 72
Reductions
Return to
principal
— — — — — — — — — — — — 120 — — — — 225 — — — — 115 — — — 278 — — — — — — 99 — — 93 — 251 — — 30 240 — Total
additions
575 560 575 585 577 577 573 598 575 967 570 549 3,573 571 571 563 564 2,547 561 559 557 552 5,002 543 813 498 763 469 6,999 533 506 504 6,444 4,011 417 480 3,796 5,914 640 429 442 4,961 612 5,383 Income
distribution
— — — — — — — 375 — 297 — — 120 — — — — 225 — — — — 115 — — — 278 — — 329 317 309 — 99 — 294 93 — 251 269 273 30 240 — Institutional
advancement
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — Total
reductions
— — — — — — — 375 — 297 — — 120 — — — — 225 — — — — 115 — — — 278 — — 329 317 309 — 99 — 294 93 — 251 269 273 30 240 — Net assets, end
of year
8,215 8,196 8,166 8,159 8,156 8,151 8,135 8,127 8,124 8,103 8,097 8,089 8,033 8,021 8,021 8,001 7,999 7,941 7,921 7,904 7,903 7,831 7,762 7,742 7,637 7,162 7,097 7,037 6,999 6,885 6,859 6,500 6,444 6,389 6,255 6,195 6,024 5,914 5,836 5,824 5,714 5,689 5,582 5,383 (Continued)
UNIVERSITY OF HOUSTON SYSTEM
ENDOWMENT FUND
Schedule of Changes in Net Assets by Endowment
Year ended August 31, 2010
Additions
Net Assets
beginning of
year
Endowment Name
Nicky R. & Lisa K. Holdeman Presidential End Fellowship – OPT
Pamela & Patrick Newman UH TierOne Schol Endow
Gonzalez, Irma Diaz & Roberto
Men’s Athletics Scholarship Endow
Shara L. Zatopek Endowed Scholarship
Love, John W.
Honors Student Govt Board End
Gaynelle Brock & Prem Bhushan Dewan Gadihoke UH TierOne End
Williams Group Inspiring Excellence Sch End
Quinones, Charles John Schol.
Dukler, Abraham
UH Student Excell.
H. David Kaplan Endowment
Sarah & Geoffrey Scholarship
McNeill, Charles
Maud & Timothy Maurin
Underwood, Walter Quasi
Babbara S. & Glen C. Farber UH TierOne Sch Endowment
Barbara A Britt UH TierOne Scholarship Endowment
Justin Pitts
Residence Halls
Shanfield, Henry
Women’s Athletics Scholarship Endow
UH Faculty Excell.
Dr Wallace Lee Anderson Schol Endow in Electrical Engnr
UH Comm Sciences & Disorders
Rhonda J. Sweeney UH TierOne Scholarship Endowment
Computing Center
Stewart, Josephine Quasi
Nancy & Carter Hixon UH TierOne Scholarship Endowment
UH Facilities Excel.
Hawkins Family Endowed Scholarship
Rockwell Ctr for Ethics & Ldrshp
Dow Employees Schol
Greeman Petty Quasi
Oberholtzer Quasi
Borish Quasi
White Quasi
Turner, Sylvester Quasi
Wolff, Cyvia & Melvin
Dr Cynthia Norris Educ Leaders
Cyvia & Melvin Wolff End #2
Cyvia & Melvyn Wolff End #3
Thomas H. Mayor Faculty End – Economics
Total
Contributions
received
Net return
on investments
Reductions
Return to
principal
Total
additions
Income
distribution
Institutional
advancement
Total
reductions
Net assets, end
of year
$
— — 4,846 4,894 1,841 4,772 2,032 — 4,018 4,052 3,757 3,427 2,352 3,232 3,290 2,886 2,765 — — 2,337 2,276 2,020 2,060 1,962 — 1,573 — 1,254 1,158 — 997 750 695 701 17,009 8,348 146,375 14,009 8,965 26,619 973 28,881 25,812 77,873 5,000 5,000 — — 2,775 — 2,230 4,280 — — — — 1,000 — — — — 2,500 2,500 — — — — — 1,805 — 1,250 — — 1,000 — — — — (17,009) (8,348) (146,375) (14,009) (8,965) (26,619) (973) (28,881) (25,812) (77,873) 378 377 346 391 392 381 350 322 370 289 300 245 279 245 263 206 221 189 189 167 163 144 156 140 134 117 90 100 83 72 71 94 149 56 — — — — — — — — — — — — — — 74 — — — — — — 158 — — — 133 — — — 108 105 — — 90 — — — — 53 — 46 30 40 — — — — — — — — — — — 5,378 5,377 346 391 3,241 381 2,580 4,602 370 289 300 403 1,279 245 263 339 221 2,689 2,689 275 268 144 156 230 1,939 117 1,340 100 136 1,072 117 124 189 56 (17,009) (8,348) (146,375) (14,009) (8,965) (26,619) (973) (28,881) (25,812) (77,873) — — — 240 74 235 — — — — 185 158 — — 162 133 136 — — 108 105 — 97 90 — — — 61 53 — 46 30 40 35 — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — 240 74 235 — — — — 185 158 — — 162 133 136 — — 108 105 — 97 90 — — — 61 53 — 46 30 40 35 — — — — — — — — — — 5,378 5,377 5,192 5,045 5,008 4,918 4,612 4,602 4,388 4,342 3,872 3,672 3,631 3,477 3,391 3,093 2,850 2,689 2,689 2,504 2,439 2,164 2,119 2,102 1,939 1,690 1,340 1,293 1,241 1,072 1,069 844 844 722 — — — — — — — — — — $
414,690,258 10,153,417 32,910,068 33,207 43,096,692 12,009,138 3,495,757 15,504,895 442,282,055 See accompanying independent auditors’ report.
73