Kelly Boysen

The committee discussed and approved several items, including the delegation of authority to the Chancellor for various contract types exceeding $1 million, such as goods, services, and construction projects. Other approvals involved agreements for a new medical research and education center in the Rio Grande Valley, the transfer of non-formula state funding, the annual committee charter review, and an update to the University of Houston Downtown Master Plan. Additionally, the committee received an informational report on the condition of university buildings and facilities, as well as a presentation on the system's financial results for fiscal year 2025.

The committee reviewed and approved several items, including faculty hires with tenure, faculty development leaves, revisions to freshman admission standards, the conferral of an honorary degree, updates to the committee charter, the appointment of a new university dean, and the creation of a foundation to support the Gerald D. Hines College of Architecture and Design. Additionally, the committee received information reports regarding low-producing academic programs, sponsored contracts and grants exceeding $1 million, a research presentation on immune cell engineering, and a student success story.

The committee reviewed the performance of the University of Houston System endowment and non-endowed portfolios, noting strong long-term returns and recent market volatility. Approval was granted to delegate authority to the Chancellor for hiring a private equity manager, specifically committing funds to Warrant Equity Partners V and noting a previous commitment to Windrose Health Investors VII. The committee also authorized the partial liquidation of select equity and fixed income holdings to support the endowment payout for the fiscal year. Additionally, the committee completed its annual review of the Endowment Management Committee Charter with no recommended changes, and directed specific items to the Board of Regents for final approval.

The Chancellor's report highlighted significant achievements and initiatives across the University of Houston system. At the main campus, key topics included the election of a professor to the National Academy of Engineering, the expansion of Houston Public Media, new research grants for lupus and cancer treatment, the success of the Last Mile Scholarship Fund, and the savings generated by the Cougar Textbook Access Program. The report also covered developments at the Clear Lake campus, such as joining a translational science alliance, the launch of a new scholarship fund, and receiving a grant to support incarcerated students. Finally, the Downtown campus was recognized for its college access partnership with HISD, its third Carnegie Community Engagement Classification, and its participation in the Houston Promise Initiative.

The University of Houston System aims to become a leading metropolitan university system, featuring a nationally recognized Tier One research university. To achieve this strategic direction, the Board of Regents, Chancellor Renu Khator, and university presidents implement comprehensive planning, budgeting, and performance evaluation across their institutions.