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Article: FORT WORTH PHILANTHROPIST GIVES $18 MILLION FOR ENDOWMENT IN ENGINEERING SCIENCES

Article from:
US Fed News Service, Including US State News
Article date:
February 23, 2009
Copyright

AUSTIN, Texas, Feb. 3 -- The University of Texas issued the following news release:

Fort Worth philanthropist W.A. "Tex" Moncrief has given $18 million to create the W. A. "Tex" Moncrief Jr. Endowment in Simulation-Based Engineering Sciences at The University of Texas at Austin, the university announced today (Feb. 3).

The gift will be combined with an $18 million gift from an anonymous donor to create the endowment.

"This is an extraordinary gift," said William Powers Jr., president of The University of Texas at Austin. "It will allow this university to become the leader in researching what we call the scientific 'grand challenges' facing the nation and the world today. These will involve ...

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