The PUF was created in 1876. It's described by the University of Texas System as such: "The Permanent University Fund (PUF) is one of our state’s most unique, important, and enduring competitive advantages." In 1876, the Texas Constitution set aside land in West Texas to support The Un...
to running a business. the examination of fees apparently paid to his older daughter is likely to arouse even more vitriol from the outgoing president. and it raises questions about whether the payments were a tax-deductible way for him to compensate his children, or avoid gift taxes he ...