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McCombs Endowment Report

Endowments help us make it here and share it with the world.

From the Dean
I am proud to share the 2022-2023 Annual Endowment Report with you. As dean, I get to experience so many wonderful aspects of ourMcCombs community, and I am thrilled to share them with you. Enjoy this glimpse into the people, places, and pursuits that inspire the future of business leadership and how endowed support makes it all possible. Hook ’em horns!
Dean Lillian Mills

Mission in Action

  • Centennial

    In 2022, we celebrated 100 years of McCombs’ excellence in business with on- and off-campus events.We kicked off a year of commemoration with ourCentennial Celebration, followed by many on- and off-campus events that highlighted McCombs milestone moments since the school was established in 1922.
  • Voices of McCombs title card graphic

    Voices of McCombs

    During the Centennial Homecoming event, NationalPublic Radio’s StoryCorps service helped capture stories of students, faculty, alumni, and staff who have been impacted by the McCombs experience.
  • Gift and Estate Planning

    Gift planning is one of the most powerful ways you can help McCombs. Many people tend to associate this type of philanthropy only with wills, estates, and legacies, and may assume that the benefits flow in just one direction. In fact, a planned gift can be extremely flexible, include many tax advantages, and provide you with reliable lifetime income while ultimately directing valuable resources to McCombs.
Red McCombs and Lillian Mills
  • Remembering Red

    The McCombs School of Business namesake, Red McCombs, left an indelible mark on the college for decades before his death in February 2022. His $50 million investment spurred the college’s renaming the business school in his honor. Alongside his other philanthropic efforts, providing opportunities for students to make a difference in the business community was near and dear to his heart.
  • Light the Tower

    On the day of Red McCombs’ memorial service, UT lit the tower in his honor, a tribute of the highest honor.
  • Red McCombs and his wife Charlene pose in front of a longhorn on a ranch

    Honoring a Legacy

    Tributes to Red McCombs blanketed the web after his death, among them a special tribute on the McCombs website, as well as during the First Annual Scholarship Appreciation Dinner when Regent Rad Weaver, close friend and mentee, recalled special times with his dear friend to Dean Mills.

Endowment Numbers

  • 1031

    Total Endowments

    2022 – 2023

  • 1007

    Total Endowments

    2021 – 2022

  • 983

    Total Endowments

    2020 – 2021

  • 959

    Total Endowments

    2019 – 2020

Story of Endowments at Texas McCombs

  • Endowed funds represented 12% of Texas McCombs’ overall budget.
  • Of the 21 McCombs Centers and Institutes, 8 received support from endowed funds.
  • With 6,338 undergraduate and graduate students at McCombs, each student represents ~$3,200 in endowment funds.
  • 16% of McCombs students received a McCombs-specific scholarship award.

2022-2023 Endowment Recipients by Program

  • 555


    Bachelor of Business Administration

  • 340


    Master of Business Administration

  • 117


    Master of Professional Accounting


  • Student Engagement

    We are always excited to see how new and existing students are plugging in, digging deep, and making McCombs (and Texas) their home away from home.
  • National Pet Day

    Dean Mills brought Reacher, her pup, on campus during National Pet Day to greet students and their pets. He’s kind of a super star on campus and social media.
  • Commencement

    Every year we send hundreds of McCombs students out to change the world! It’s the highlight of our year, and why we do what we do every day.
  • Opening Our Doors Wider

    McCombs is all about deepening our impact on the world around us through new innovative outlets. At SXSW, as part of the Discover Texas UT events, McCombs alumni, faculty, staff, students, and industry partners shared their innovative insights on today’s most pressing business issues as part of a series of panels throughout the music festival attended by more than 25,000 people.


  • Two MBA students talk together at an event

    First Annual Scholarship Appreciation Dinner

    We love to see our alumni and friends bring the love home to our own students through endowments and scholarships. This year, we recognized these contributions and their impact a tour inaugural Scholarship Appreciation Dinner, where we provided opportunities for scholarship recipients and donors to connect and engage.
  • Four McCombs alumni pose for a picture at a tailgate

    Alumni Summer Celebrations

    Chapter members from across the country gathered to connect with students and interns in their area during our Summer Celebration events.These fun gatherings create opportunities for our alumni to intersect and inspire future generations.
  • KBH Dallas Fireside Chat

    Longhorn 100 Gala

    McCombs business entrepreneurs swept the 2023 Longhorn 100 Awards, which culminated in a beautiful gala sponsored by the Texas Exes.