OTHERRENEWED

Texas Southern University Board of Regents Retreat Agenda April 2026

TSU Renews Support Agreement With TSU Foundation

Texas Southern UniversityTSU FOUNDATIONApril 25, 2026

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Description

The Texas Southern University Board of Regents is asked to renew a Support Organization Agreement (MOU) with the TSU Foundation to define roles, fundraising, and gift management responsibilities with no stated direct fiscal impact. The agreement governs the Foundation’s sole purpose of supporting TSU, sets audit, reporting, and insurance requirements, and details procedures for termination and transition of funds and commitments.

Contract Details

Vendor

TSU FOUNDATION

Agency

Texas Southern University, TX

Contract Type

OTHER

Document Date

April 25, 2026

Contract Term

Commences on date signed; to be reviewed and updated at least every five (5) years from September 1, 2025; continues until terminated with 90 days’ notice or for cause with 30 days to cure

Renewal Date

2030-09-01

Renewal Info

This is a renewal of the prior Support Organization Agreement between Texas Southern University and the Texas Southern University Foundation. The agreement must be reviewed and updated at least every five years from September 1, 2025, and may be terminated without cause with 90 days’ written notice or for cause if a breach is not cured within 30 days. Upon termination, detailed processes govern transfer or continued administration of gifts, pledges, grants, and other commitments in line with donor intent and sponsor requirements.