Communication Dean Roderick Hart at the University of Texas was plenty grateful for the $2.2 million donation from the Galveston-based Moody Foundation. Little did he know that an informal thank-you dinner with a couple of foundation officials would lead them to boost it to $50 million.
The pledge, being announced today, will create the largest endowment for the study of communication at any public university in the nation, according to UT officials. It is also among the largest gifts in the university’s history. And henceforth, the College of Communication will be known as the Moody College of Communication.
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Generosity over the years
Some of the largest donations to the University of Texas, and the dates they were announced.
$245 million — Bequest, originally valued at $232 million in 2003, from Dallas oilman John A. Jackson for geosciences.
$200 million — Estimated value of Magnum Photos collection of 200,000 images, donated by Michael and Susan Dell, Glenn and Amanda Fuhrman, and John and Amy Phelan, in September 2013.
$55 million — Austin philanthropists Sarah and Ernest Butler to the music school, in 2008.
$50 million — Businessman and philanthropist Red McCombs for the business school, in 2000.
$50 million — Michael & Susan Dell Foundation for pediatric research, computer science and healthy living, in 2006.
$50 million — Michael & Susan Dell Foundation for the Dell Medical School, in January 2013.