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<p>The Texas A&M number is not part of the UT System endowment - it’s already reported separately in the Texas A&M System and Foundations #. Even though both system endowments are managed together by UTIMCO, since the late 90s the UT and Texas A&M Systems have reported their endowments separately - hence the current $17B for UT and $7B for Texas A&M. (If you look at historical endowment figures prior to this, it looked like the UT System endowment was much larger than Yale’s endowment for this reason.)</p>
<p>Of the UT System endowment, after UT-Austin’s portion (~$7B), the major UT Medical Schools and UT MD Anderson Cancer Center have ~$1B endowments. After these, it’s a large dropoff for the other institutions. However, it’s not entirely accurate to discount the system number for the individual institutions since the strength of the System endowments is why large capital expenditures can be undertaken relatively easily throughout the system. It’s also the reason UT was the first and one of only 3 public universities (incl Michigan and UVA) to have AAA debt ratings by all the rating agencies.</p>