UT Dallas Receives $10 Million Endowment Gift

UT Dallas Receives $10 Million Endowment Gift

The University of Texas at Dallas has announced a $10 million gift from Margaret McDermott in support of undergraduate research.

As stipulated by McDermott's gift, the university's Honors College will be renamed the Hobson Wildenthal Honors College, in recognition of the contributions of its chief academic officer. Formally established in 2014, the college is the administrative home of the Archer Fellowship Program, the Graduate Program in Public Policy, the Texas Legislative Internship Program, the National Merit Scholars Program, the Terry Scholars Program, and the Carl J. Thomsen Endowment, which McDermott created so that students in need could attend cultural events. It also works closely with the Eugene McDermott Scholars Program and is the home of the Collegium V Honors Program, which offers dozens of specially designed courses each semester.

The widow of Eugene McDermott, who co-founded Texas Instruments and what became UT Dallas, McDermott has worked with Wildenthal over the years to ensure that the university fulfills the aspirations that motivated her institution-defining gifts, including support for the McDermott Suite in McDermott Library, the Eugene McDermott Scholars Program, endowed professorships, the UT Dallas Campus Enhancement Project, and the Eugene McDermott Graduate Fellows Program.

"I have enjoyed the many hours, days, and years that I have had the pleasure of knowing and working with Hobson Wildenthal, past, present, and future," said McDermott. "His commitment to my husband's dream of a great university has been steadfast, and he has been a trusted and candid friend and advisor as we have worked to make those dreams reality."

"McDermott's $10 Million Gift Establishes New Name for Honors College." University of Texas at Dallas Press Release 02/01/2017.