Endowment
Texas A&M has an endowment valued at more than $5 billion, which ranks fourth among U.S. public universities and 10th overall. Apart from revenue received from tuition and research grants, the university, as part of the Texas A&M University System (TAMUS), is partially funded from two endowments. The smaller endowment, totaling $1.17 billion in assets, is run by the private Texas A&M Foundation. A larger sum is distributed from the Texas Permanent University Fund (PUF). TAMUS holds a minority stake (one-third) in this fund; the remaining two-thirds belongs to the University of Texas system. As of 2006, the PUF ending net asset value stood at $10.3 billion; $400.7 million was distributed to the two university systems in fiscal year 2007. Combined, the total endowment for the TAMUS stands at $7.6 billion, as of 2012.