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There’s a new goal for the Texas Tech University System endowment. It’s not a capital campaign - just a mark that officials at the system’s four component institutions and Chancellor Robert Duncan are hoping to meet by 2023, the 100th anniversary of the university.
Duncan estimates the endowment by the end of this year will be about $1.3 billion. The goal now is to increase that to $2 billion in five years.
“We’re trying to be very goal-driven in our philanthropy,”...