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$1 million gift creates Frost Chair in Finance in UTSA College of Business
(Oct. 21, 2013) -- The University of Texas at San Antonio (UTSA) honored long-time supporters Tom C. Frost and Frost Bank for a recent gift to establish a $1 million fund for the Frost Chair in Finance. The announcement was made during the recent UTSA College of Business 25th anniversary Frost Distinguished Lecture at the UTSA Main Campus.
The Frost Chair in Finance will support faculty excellence in research and teaching to develop the next generation of leaders in the financial industry.
"Tom has been not only a friend to UTSA, but a leader in UTSA's charge for attaining Tier One excellence," said UTSA President Ricardo Romo. "Tom has been instrumental in recognizing the importance of endowing faculty positions at UTSA and encouraging others to support that endeavor through the Academic Excellence Council."
A native San Antonian, Tom C. Frost began his banking career in 1950 and is currently the chairman emeritus of the board of Frost Bank. He is the fourth generation of his family to oversee the bank founded by his great grandfather, Colonel T.C. Frost in 1868. Recognizing his service to UTSA, he is the first non-UTSA alumnus to receive the Distinguished Service Award from the UTSA Alumni Association. Committed to educational excellence, Frost is chairman emeritus of the UTSA Development Board and serves on the Campaign Leadership Committee.
In addition to establishing the endowed Frost Chair in Finance, the Frosts contribute to the GE2MS program, President's Associates, the T.C. Frost and Frost Bank scholarships in the College of Business and other initiatives across the university. Since 1988, Frost Bank has partnered with the UTSA College of Business to host the Frost Distinguished Lecture Series. During its 25-year history, the lecture series has featured prominent business and community leaders who have shared their knowledge and experience with students and others in the university and business community.
"It is a great pleasure to be a part of what you're doing here at this institution," said Frost in an impromptu speech to a group of faculty, students, administrators and UTSA supporters at a luncheon after the lecture. "You are making a significant impact on the educational level here in San Antonio. We started out with access to a four-year college. What you've done after starting that way is now moving up to Tier One and academic excellence. I feel putting my efforts into UTSA is the real way I've been able to help you make that significant impact in our community and it's very important."
UTSA has 59 committed endowed faculty positions across the university.
Nationally ranked and recognized, the UTSA College of Business is accredited by AACSB International and enrolls 5,200 students. The college is dedicated to raising its academic profile to become one of the best business schools.
The University of Texas at San Antonio is an emerging Tier One research institution specializing in health, energy, security, sustainability, and human and social development. With nearly 31,000 students, it is the largest university in the San Antonio metropolitan region. UTSA advances knowledge through research and discovery, teaching and learning, community engagement and public service.
The university embraces multicultural traditions and serves as a center for intellectual and creative resources as well as a catalyst for socioeconomic development and the commercialization of intellectual property -- for Texas, the nation and the world.