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On May 11, 2000, San Antonio entrepreneur Red McCombs invested $50 million in the future of business education in Texas. Recognizing our current success and realizing the potential for still greater achievement, McCombs encourages our continued excellence by offering his gift without restrictions.
As a means of maximizing endowments and generating greater impact from each gift, the McCombs School will utilize 90 percent of McCombs’ funds to match approved contributions to new and existing endowments, dollar-for-dollar.
The endowments established under this program will have twice the payout—in real terms, donors can literally double the number of students an endowment supports, or offer a substantially larger research endowment or faculty chair. With the McCombs match, a $1 million endowment becomes $2 million, leveraging the original gift to create twice the impact.
This doubling results in a more prestigious and more rewarding endowment, highly valued by students, faculty, and administrators alike. Designed to benefit the school as a whole, the program will match gifts of $50,000 and up for approved endowments. Emphasizing endowments with few or no restrictions, the matching program will provide the catalyst for the broadest benefit from the McCombs funds.
Take advantage of the McCombs Matching Gift Program —there is no better time to show your support for the students, faculty, and programs of the McCombs School. Don’t forget that many companies offer to match employee gifts to higher education, further compounding the impact of your gift. Contact Sandy Dorman, Associate Director for Major Gifts, at (512) 475-8179 for more information about this program.