management home endowment funds endowment funds home permanent university fund general endowment fund permanent health fund long term fund separately invested funds operating funds operating funds home intermediate term fund short term fund all funds archive archive home permanent university fund general endowment fund permanent health fund long term fund separately invested funds short term fund annual reports permanent university fund puf the permanent university fund puf is a public endowment contributing to the support of eligible institutions of the university of texas system and the texas a & m university system as provided in article vii section 18 of the texas constitution . the puf was established in the texas constitution of 1876 through the appropriation of land grants previously given to the university of texas at austin plus one million acres . the land grants to the puf were completed in 1883 with the contribution of an additional one million acres of land . today the puf contains approximately 2.1 million acres of land located in 24 counties primarily in west texas . the promise inherent in the establishment of the puf over 120 years ago continues to be realized . today the puf provides support to 19 institutions of the ut and a & m systems in providing educational opportunities to more than 180 000 students across the state of texas . puf timeline audited financial statements year ended august 31 2015 detailed schedule of investment securities year ended august 31 2015 june 30 2016 semi annual report december 31 2015 semi annual report june 30 2015 semi annual report december 31 2014 semi annual report june 30 2014 semi annual report december 31 2013 semi annual report june 30 2013 semi annual report archives an endowment is a permanent investment in the future of the university . endowed funds are invested rather than used as cash for immediate needs . a portion of the earnings from an endowment is distributed to the university . the remainder is added back into the principal ensuring steady growth of the endowment . private endowments are primarily invested in units of the long term fund . development staffs at each campus or at the u.t. system are available to assist donors to structure gifts to provide the greatest positive impact to the institution and the donor . to contact a development officer at one of the 15 u.t. system institutions or at the u.t. system itself please see our list of institution development offices or contact the u.t. system office of external relations . home funds managed online services faq privacy policy contact us open records copyright 2012 utimco all rights reserved .