University Receives $1 Million Gift from The Financial Literacy of South Texas Foundation | Trinity University
Apply Now Visit Trinity 150 Years

You are here

University Receives $1 Million Gift from The Financial Literacy of South Texas Foundation

Friday, June 28, 2019
Trinity team & Financial Literacy Board Members photo

(L-R) Dr. Robert Scherer, Dean Trinity School of Business; Michael Bacon, Trinity Vice President Alumni Relations & Development;  Financial Literacy of South Texas Foundation Board Members Karol Sweitzer and Dr. Phil Cooley, former Trinity faculty member and Prassel Distinguished Professor of Business Administration; and Trinity President, Dr. Danny Anderson.

Gift will support programs that fulfill Foundation's mission for well-being of South Texas community

by Carla Sierra

Trinity received a $1 million gift from The Financial Literacy of South Texas Foundation and its trustees, who want to support programs and activities at the University that help fulfill the Foundation’s mission to promote financial education and well-being of the South Texas community. This gift will be invested by Trinity in a permanent endowment fund to be named “The Financial Literacy of South Texas Endowment Fund.”

This gift will support programs at the University to fulfill the Foundation’s mission of promoting financial education and well-being of the South Texas community.

The gift was presented to the University by the Financial Literacy of South Texas Foundation board members Karol Sweitzer, Paul Denham, and Philip L. Cooley, Ph.D. Cooley, a retired Trinity faculty member who taught business and finance, placed heavy emphasis on financial literacy and responsibility in his teaching and mentorship of students. Accepting the gift were Danny Anderson, Ph.D., University president; Michael Bacon, vice president for Alumni Relations and Development; Robert Scherer, Ph.D., dean of the School of Business; and Linda Campbell, senior director for major and planned gifts. 

“This investment in our students and programs is vital to the success of our goals in educating the ‘whole student,’” Anderson says. “It is even more meaningful that this gift showcases continued support by Dr. Cooley in the University’s business and financial education.” 

Allocation of funds will be supervised by Scherer and will be used by faculty members in Trinity’s School of Business to support programs or courses aimed at improving financial literacy and/or personal financial capability, such as those offered through the University’s Financial Literacy Collective or the current personal finance course.