McCombs
Matching Gift
Program
Doubling the Impact of Your Endowment
The Matching Program
On May 11, 2000, San Antonio entrepreneur Red McCombs invested $50 The endowments established under the McCombs Matching Gift Program
million in the future of business education at The University of Texas at will produce twice the income in perpetuity, hence twice the annual benefit.
Austin. As a testament to our success at the time and the potential for still In real terms, donors can literally double the impact of their endowments for
greater achievement, Mr. McCombs offered his gift without restrictions. the school and our programs, faculty and students. For example, with the
McCombs match, a donor’s $1 million chair endowment becomes $2 million.
As a means of maximizing endowments and generating greater impact This doubling results in a more prestigious and more rewarding endowment
from each gift, the McCombs School is using a majority of Mr. McCombs’ that is better able to attract and retain star-quality faculty. Similar results
funds to match approved contributions to new and existing endowments, are obtained by doubling scholarship and fellowship endowments, endowed
dollar-for-dollar. excellence funds and dean’s discretionary endowments.
Above, Red McCombs and Stephen Noteboom, MBA ’02
Purpose and Scope
In the fall of 2003, the McCombs School established a new strategic vision
to become the best public business school in the nation. In support of that
vision, funds from the matching gift program have largely been applied
to the creation of unrestricted endowments. However, a portion of the
matching funds are available to benefit specific departments, provided the
endowment charters grant suitable flexibility to ensure long-term benefits
and continuous fulfillment of the donor’s aims.
What Gifts Are Matched?
Gifts establishing new endowments at or above our minimum funding
levels—currently $50,000 or more (see table below)—are eligible for the
McCombs Matching Gift Program, provided the charter permits adequate
flexibility. Flexibility and freedom from restrictions allow us to keep
endowed positions filled and assure the broadest possible benefit from
your endowment with maximum impact for the McCombs School. Qualify-
ing endowments may be named for the donor or in honor of another, such
as a family member or faculty mentor.
Endowment Categories Minimum Amounts
Excellence Funds $50,000
General or Doctoral Scholarships $50,000
Chairs $1,000,000
Interdisciplinary Research Centers $2,000,000
Note: Only cash or cash equivalent gifts qualify for the McCombs matching program.
Matching funds are applied after the minimum funding amount has been received, while
they are available.
Who Benefits?
Students. Endowed fellowships and scholarships allow the McCombs
School to recruit talented students. Especially valued are endowments
that, through flexible charters, support students at all levels. Only those
scholarships with few restrictions and availability to Ph.D. students will
be considered for the McCombs Matching Program. This ensures that we
are always able to attract the very best young minds to all programs of
the McCombs School. Because Ph.D. students build the pipeline of future
business faculty, propose and conduct new research, and provide teaching
support to our faculty, they are integral to our standing as a leading busi-
ness school, and it is essential to support their work.
Programs. General Excellence Funds establish a lasting resource and can
be utilized school-wide to address fundamental needs or seize unfore-
seen opportunities as they arise. Departmental Excellence Funds allow
our nationally recognized academic departments to target areas of need,
develop new curricula and strengthen faculty expertise.
Faculty. The McCombs School attracts and recognizes its top faculty
members with prestigious chairs, endowed positions that provide supple-
mental funding. This funding enables summer productivity, sponsors
research and provides staffing in support of faculty members and their
educational pursuits.
Research. Interdisciplinary research centers that focus our educational
initiatives in various fields will assure future excellence and continued
cross-disciplinary innovation in these areas of special competence.
The McCombs School of Business is proud to offer this matching
program, made possible by the vision of Red McCombs. To learn more or
to discuss specific ways you can help build the school through this match-
ing gift opportunity, please contact Development and External Relations,
512-471-3019 or by e-mail at development@mccombs.utexas.edu.
Development and External Relations
McCombs School of Business
P.O. Box 7878
Austin, TX 78712
(512) 471-3019
development@mccombs.utexas.edu
www.mccombs.utexas.edu/development
McCOMBS SCHOOL OF BUSINESS