Texas Exes

The Texas Exes permanent endowment fund exists to finance scholarships for University of Texas at Austin students through the Texas Exes Scholarship Foundation. It is the organization's core financial engine, with investment oversight provided by a committee chaired by Paul Kinscherff, former Boeing CFO. The endowment is housed at the Etter-Harbin Alumni Center and operates independently of the university's main investment arm, UTIMCO.

The Investments Committee, chaired by Paul Kinscherff, is responsible for stewardship of the permanent endowment fund. Specific day-to-day managers are not publicly disclosed, but the governance model follows a standard nonprofit committee structure with a preference for capital preservation rather than high-turnover trading. The committee reports to the organization's CEO, Robert W. Jones.

Beyond endowment returns, the Texas Exes generates revenue through membership dues from its vast alumni base, event fees, and direct donations. The Longhorn Business Network also provides a commercial nexus for alumni businesses, though this functions as a member benefit rather than a direct revenue-participation model for the organization. These streams collectively fund scholarships and operational overhead.

No. The Texas Exes is a separately incorporated 501(c)(3) nonprofit and is self-governed, with its own board and officers including President and Chair Arleas Upton Kea. While it is the official alumni association for UT Austin, it is not a department of the university and maintains independent control over its endowment, scholarship criteria, and programming.

UTIMCO manages the University of Texas System's endowments, while the Texas Exes manages its own permanent endowment fund separately. The two entities operate within the broader UT ecosystem but do not share a reporting line or investment pool, though UTIMCO's presence in Austin means that investment committee members may occasionally intersect through professional networks.