Endowment Distribution Agreement Approved with Prosperity Bank
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Description
The Board approved an Endowment Funds Distribution Agreement with Prosperity Bank covering trust income allocations for Odessa Junior College, TTUHSC-PB, and University of Texas-PB. The agreement formalizes how net income is split between distributions and additions to principal.
Contract Details
Vendor
PROSPERITY BANK
Agency
Medical Center Hospital, TX
Contract Type
FINANCIAL_SERVICES
Document Date
April 7, 2026
Renewal Info
Agreement appears to govern ongoing annual or periodic distributions; no explicit renewal or end date is provided.
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