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    coogs cash

    University of Houston roars with massive $1.2 billion raised in new campaign

    Steven Devadanam
    Oct 29, 2020 | 11:45 am
    University of Houston central campus exterior Ezekiel Cullen building
    The Coogs have scored some serious cash.
    Photo courtesy of University of Houston

    The University of Houston Cougars have a reason to roar this fall. The school has announced a massive fundraising feat of $1.2 billion for scholarships, professorships, facilities, and programs as part of the “Here, We Go” initiative that closed on August 31.

    Specifically, the campaign raised $1,235,427,334. The final tally was announced by UH System Chancellor and UH president Renu Khator during her 12th annual fall address on October 28., where she thanked high-profile donors and volunteer campaign co-chairs Tilman J. Fertitta (’78), Beth Madison (’72), John L. Nau III, and Marvin E. Odum III (M.B.A. ’95).

    The campaign, which surpassed the $1 billion milestone in 2019, some 18 months ahead of schedule, was designed to strategically transform UH System universities with priorities to support student scholarships and fellowships, build state-of-the-art facilities, attract and retain top faculty, advance academic programs, workforce training and research, and build a nationally relevant athletics program, according to a press release. It began in 2012 and launched publicly in January 2017, before concluding in August of this year.

    More than 187,000 donors, including 133,000 new donors contributed to the campaign, highlighting the pride felt by alumni and friends. Donations came from all 50 states and 46 countries, according to the school.

    Donation highlights include:

    • $50 million gift from an anonymous donor — the campaign’s single largest contribution to hire faculty and establish four new institutes in the areas of energy, infrastructure, precision medicine, and global engagement.
    • $20 million from Tilman J. Fertitta for renovation and construction of the Fertitta Center, a 7,100-seat multi-purpose arena that is home to the Houston Cougars men’s and women’s basketball teams and the women’s volleyball team.
    • $20 million from the John P. McGovern Foundation benefitting arts students and faculty. The Kathrine G. McGovern College of the Arts was named in honor of the gift.
    • $17 million from Andy and Andrea Diamond to create the Diamond Family Scholars program which offers financial, academic and mentoring support for students aging out of the foster care system.
    • $16 million from the John M. O’Quinn Foundation to support the UH Law Center and construction of its new state-of-the-art building, the John M. O’Quinn Law Building.
    • $15 million thanks to Humana Inc. to launch the Humana Integrated Health System Sciences Institute and help defray start-up and operational costs for the UH College of Medicine, as well as fund endowed chairs at several UH colleges.
    • $13 million from the Cyvia and Melvyn Wolff Family Foundation to the nation’s No. 1 undergraduate entrepreneurship program at the C.T. Bauer College of Business with a total expected impact of $15 million with matching gift.

    “You inspired us to dream big, challenged us to be relevant and forced us to stay focused,” said Khator, in a statement. “You led us from all directions, often making calls for us and introducing us to people who cared about Houston and our role in Houston’s future.”

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    income analysis

    Texas families need to make this much money for one parent to stay home

    Amber Heckler
    Dec 8, 2025 | 9:30 am
    Stay at home parents, SmartAsset, income analysis
    Photo by CDC on Unsplash
    With costs to raise a child soaring over $20,000 a year in Texas, some households might decide to have one parent work while the other stays at home to raise their child.

    As the cost of raising a child balloons in major cities like Houston, many families are weighing the choice between paying for child care or having one parent stay home full-time.

    A recent analysis from SmartAsset determined the minimum income one parent needs to earn to support their partner staying at home to raise one child in all 50 states. In Texas — not just Houston — that amount is just under $75,000.

    The study used the MIT Living Wage Calculator to compare the annual living wages needed for a household with two working adults and one child, and a household with one working adult, a stay-at-home parent, and one child. The study also calculated how much it would cost to raise a child with two working parents based on factors such as "food, housing, childcare, healthcare, transportation, incremental income taxes and other necessities."

    A Texas household with one working parent would need to earn $74,734 a year to support a stay-at-home partner and a child, the report found. If two parents worked in the household, necessitating some additional costs like childcare and transportation, it would require an additional $10,504 in annual income to raise their child.

    SmartAsset said the cost to raise a child in Texas in a two-working-parent household adds up to $23,587. Raising a child in Houston, however, is somewhat more affordable. A separate SmartAsset study from June 2025 determined it costs $21,868 to raise a child in the Houston-Pasadena-The Woodlands metro.

    In the report's ranking of states with the highest minimum income needed to support a family with one working adult, a stay-at-home parent, and one child, Texas ranked 32nd on the list.

    In other states like Massachusetts, where raising a child can cost more than $40,000 a year, the report acknowledges ways families are working to reduce any financial burdens.

    "This often includes considerations around who’s going to work in the household, and whether young children will require paid daycare services while parents are occupied," the report said. "With tradeoffs abound, many parents might seek to understand the minimum income needed to keep the family afloat while allowing the other parent to stay home to raise a young child."

    The top 10 states with the lowest minimum income threshold to support a three-person family on one income are:

    • West Virginia – $68,099
    • Arkansas – $68,141
    • Mississippi – $70,242
    • Kentucky – $70,408
    • North Dakota – $70,949
    • Oklahoma – $71,718
    • Ohio – $72,114
    • South Dakota – $72,218
    • Alabama – $72,238
    • Nebraska – $72,966
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