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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.”

    city-news-roundupcolleges
    news/city-life

    in this economy?

    This is the salary you need to live comfortably in Houston in 2026

    Amber Heckler
    Mar 26, 2026 | 2:30 pm
    money, salary, income to live comfortably, SmartAsset
    Photo by Giorgio Trovato on Unsplash
    Single Houstonians need to make a little more than $82,000 to live comfortably in the city, the report found.

    A 2026 report analyzing how much it costs to live "in sustainable comfort" in the biggest U.S. cities has found Houston residents have the 11th lowest salary requirement to live a comfortable life in 2026.

    SmartAsset's annual report found single adult residents in Houston need to make $89,981 a year to qualify as "financially stable." Compared to last year, single Houstonians needed to make $83 more to live comfortably in the city.

    Families with two working parents and two children need to make a household income of $204,672 to have a financially stable life in Houston, the report found. That's almost $2,000 less than what families needed to make last year.

    To determine the rankings, SmartAsset's analysts examined 100 of the largest U.S. cities and used the latest cost of living data – such as the costs for housing, food, transportation, and income taxes where applicable – from the MIT Living Wage Calculator for childless individuals and for two working adults with two children.

    For the purpose of the study, the 50/30/20 budgeting strategy was used to determine "comfortable lifestyle" costs for both individuals and families: 50 percent of income to cover needs and living expenses, 30 percent for "wants," and 20 percent for savings or paying down debt.

    Here's breakdown of a Houston resident's comfortable lifestyle based on SmartAsset's findings:

    • $44,991 dedicated to needs and living expenses
    • $26,994 dedicated to wants
    • $17,996 dedicated to savings or debt repayment

    This is SmartAsset's interpretation of a comfortable lifestyle for families of four:

    • $102,336 dedicated to needs and living expenses
    • $61,402 dedicated to wants
    • $40,934 dedicated to savings or debt repayment
    SmartAsset said single individuals and families should compare the fluctuating local cost of living and their long-term goals to fully "understand the context" of their respective household incomes. But it's worth pointing out that a financially stable life in Houston isn't quite attainable for many residents: The city had a median household income of $64,361 in 2024, according to the U.S. Census Bureau.

    Comfortable salaries in other Texas cities
    Elsewhere in Texas, the report found that families in the Dallas-Fort Worth suburbs Frisco and McKinney "are closest to a comfortable salary."

    "In Frisco, [Texas], the median household earns $145,444 – substantially higher than the national median of $83,730," the report's author wrote. "This figure also accounts for 63.1 percent of the $230,464 income a family of four in Frisco needs to live comfortably. In McKinney, TX, the $124,177 median household income accounts for 53.9 percent of the $230,464 needed."
    Both cities also tied with Plano for the 29th highest salary needed nationally to live comfortably in 2026. Single adults living in these cities need to make $109,242 a year to live a financially stable life this year.

    On the opposite end, San Antonio has the lowest salaries needed to live comfortably in the U.S. Single adults only need to make $83,242 a year, and $192,608 for families of four.

    cost of livingreportssalariessmartassetmoney
    news/city-life
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