A Message from
Foundation President Jeff Bell

Jeff Bell
A shared vision and purpose is a powerful catalyst of growth and change.

When someone builds a business, they usually begin with a vision. It may be the greatest vision in the world, but to succeed they also need a partner. They need a financial partner, a bank that believes in them enough to back them, to bring their vision to life.

Texas A&M University-Corpus Christi has a vision. It endeavors to prepare students for productive careers in their chosen fields of study and provide them with the intellectual, cultural and ethical foundations necessary to contribute effectively and positively to a changing global community. What a tremendous vision! Without a doubt, education is the means to a better world.

A&M-Corpus Christi also has a partner, a fiscal partner, to share and support that vision.

That partner is the Texas A&M-Corpus Christi Foundation. As the current Foundation president, I believe the greatest challenge we face is keeping pace with the extraordinary progress we have all witnessed at the University. As I take the reigns of leadership from Past President Richard Leshin, I have a deep sense of appreciation for him and all those aboard during Richard’s tenure. They did a wonderful job, and I value their continued support of the Foundation and its mission. Along with all of the current members of board, I will work to further enhance and grow the Foundation. In particular, my fellow members of the board’s executive committee: John Buckley, Vice President; Leon Loeb, Treasurer; Guadalupe Rangel, Secretary; Richard Leshin; and Dr. Furgason in an ex-officio capacity- are committed to helping the University achieve even greater success in the future.

The purpose of the Foundation is to promote the quality, growth and effectiveness of the University. A strong foundation contributes to a strong university. This year, I envision a concerted effort to draw in yet untapped resources, those members of our community who believe in what A&M-Corpus Christi is doing and what it is becoming. Our strength will grow as more, caring individuals join forces with us and with the many who have already given so much.

As members of the Texas A&M-Corpus Christi Foundation, we are stewards of other people’s money. Our duty is not only to solicit and graciously accept these resources, but to make sure we administer and manage these charitable funds in a manner that enables the University to continue the phenomenal momentum it now has throughout the 21st century. This is a duty I accept, along with all of my other fellow board members, as we all contribute our own time, talent and resources to the University through the Foundation.

The Foundation is taking a long-term perspective when it comes to investing the assets we are entrusted with. Although over time the stock market has proved to be a good investment option for long-term capital growth, there are fluctuations in value in the short term. As you know, particularly in the period covered by this report, even seasoned financial veterans have experienced great difficulty in assessing market conditions. The Foundation’s financial summaries which are shown on pages 16 – 18 reflect the changing economic environment. We are confident that the strength of the United States economy will again yield positive returns from which the University will ultimately benefit through the Foundation’s investments.

An investment in the Foundation is an investment in the University. As each financial “seed” is planted, my pledge is to make sure these seeds are watered, cultivated, and tended, so that they may yield bountiful returns for generations to come. Together, we can accomplish this vision: the enrichment of countless lives through the premier institution for higher education in South Texas – Texas A&M University-Corpus Christi.

Texas A&M-Corpus Christi Foundation • Annual Report 2001