Chevron, through its University Partnership Program, has contributed $793,100 to support academic programs at The University of Texas at Austin for the 2011-12 academic year.
"With this latest generous gift, Chevron has further enhanced its outstanding support of our students and programs," said William Powers Jr., president of the university. "We are grateful for this ongoing and very productive partnership between our university and one of this country's great corporate leaders. We owe a particular debt of gratitude to Chevron President Melody Meyer for being our longtime champion at the company."
The $793,100 brings the company's total gifts to the university to more than $41 million. That is in addition to research funding of more than $16.5 million the company has provided over the years. Chevron's 2011-12 philanthropic support is focused on the Cockrell School of Engineering, Jackson School of Geosciences and McCombs School of Business.
Major components of the contribution include a $256,000 allocation to the Cockrell School for student scholarships, service organizations, undergraduate research and other initiatives. The Jackson School received $100,000 to support students in earth sciences, while the McCombs School received $52,000 for fellowships and activities related to its Master of Business Administration programs. Campuswide, $143,500 was allotted to information technology initiatives, including $60,000 to the Texas Advanced Computing Center.