The University of Texas Rio Grande Valley (UTRGV) Foundation is an independent non-profit organization incorporated in the State of Texas under the Revenue Code Section 501(c)(3). Originally chartered as The Pan American Foundation in order to raise, manage and invest funds for charitable, educational and scientific purposes to benefit Pan American University, its mission remained the same after Pan American University joined The University of Texas System in 1989. With the opening of The University of Texas Rio Grande Valley in 2015 – of which The University of Texas-Pan American is a legacy school – the Foundation name changed to reflect the new institution, becoming The University of Texas Rio Grande Valley Foundation.
The Foundation exists solely for the benefit of The University of Texas Rio Grande Valley and operates under a Memorandum Of Understanding. By maintaining an independent Board of Trustees, the Foundation can involve volunteers in its fundraising efforts. All funds raised and managed by the Foundation are used in accordance with donor wishes to build the academic, research and public service programs of the University.
The University of Texas Rio Grande Valley is a four-year, state-supported institution with 27,551 students (Fall 2016). Consisting of campuses in several Rio Grande Valley locations, UTRGV has the third largest Hispanic enrollment of any four-year institution of higher learning in the United States.