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Enron Mail |
The Following memo will be hand delivered to you in hard copy form on Tuesd=
ay=20 morning, Feb. 20. We will enclose the pledge form and=20 an Enron matching gifts form for your convenience. Our meeting with Bob May, Dean of the McCombs School of Business at=20 UT-Austin, was a great success. We had 14 attendees who received an update= =20 from Bob about the many great things going on in Austin, as well as=20 opportunities to participate in the =01&We=01,re Texas=018 capital campaign= . After Bob=01,s presentation, the 14 Enron officers met separately and were= =20 extremely supportive about the idea of contributing in a coordinated manner= =20 to the McCombs School. This was evidenced by an expression of intent in=20 giving totaling about $175,000 from just the 14 people! Here is what we propose and how it would work. 1. The UT Alumni at Enron would pledge $1 million over four years to the=20 McCombs School. This would consist of $500,000 of gifts from employees and= a=20 matching $500,000 from Enron. 2. The matching program provided through the McCombs gift to the Business= =20 School would match the $1 million. 3. The result would be a permanently endowed $2 million =01&Enron Chair=018= to=20 support =01&star quality=018 faculty for the school. This will represent o= ne of=20 the largest Faculty Chairs at the Business School. A few additional details: 1. Each individual=01,s contribution will also be credited to their name (a= long=20 with the Enron match) for recognition purposes in Business School=01,s Annu= al=20 Report, President=01,s Associates, etc. In other words, a $10,000 contribu= tion=20 matched by Enron will be considered as a $20,000 contribution by that=20 individual for recognition purposes. 2. Enron has agreed to not count it=01,s match against an employee=01,s ann= ual=20 matching gift limitation of $15,000, as long as the gift is coordinated in = a=20 way that makes it a part of the =01&Enron Chair=018. 3. The gift may also be counted toward any previous pledge made to the =01&= We=01,re=20 Texas=018 campaign as long as that pledge is not supporting a separately na= med=20 contribution. Please let us know that this is your intent. Please carefully consider this request. I do not plan to finalize the pled= ge=20 until I receive responses from enough officers to support this contribution= . =20 We have about 40 officers of Enron who are UT alumni and with some=20 participation by each of us, we will achieve this level of gift. Our plans= =20 are to follow this up with a broader opportunity for all Enron employees th= at=20 are UT alumni; however, the leadership of the group will determine our=20 success. Thanks for your consideration and continuing support of The University of= =20 Texas.
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