Friday, December 8, 2023

UTSA’s largest single private donor gift continues to change lives

UTSA’s largest single private donor gift continues to change lives

McKinney’s immense passion and commitment to student success has impacted thousands of students.


A DECADE
OF DISTINCTION

JULY 30, 2020 — Ten years after UTSA inherited the estate of one of its most loyal donors, Mary McKinney, her $22 million bequest remains the largest single private gift the university has ever received.

The gift funded the Felix and Elizabeth McKinney Memorial Scholarship, which provides full-ride scholarships to assist low-income students in pursuing a college education. McKinney’s immense passion and commitment to student success has impacted thousands of students since the inheritance of the gift in 2010.

McKinney’s gift, which includes real estate, personal property and a portfolio of stocks and municipal bonds, allows the scholarship fund to offer renewable scholarships up to the full cost of tuition and fees for full-time students who have completed 30 hours of course work and have a GPA of 2.75 or better.


“Through UTSA’s inheritance of McKinney’s estate, the endowment grew to the $22 million that it is today.”



Mary McKinney Endowment


McKinney endowment student awards


In memory of her loving parents, McKinney first endowed an original $10,000 gift in 1994 to create the Felix and Elizabeth McKinney Memorial Scholarship fund. In 2006 she made arrangements to bequeath her estate to UTSA in her will. Through UTSA’s inheritance of McKinney’s estate, the endowment grew to the $22 million that it is today.

In the past 10 years the memorial scholarship McKinney funded has resulted in $11.8 million scholarship funds awarded to 2,914 students from eight UTSA colleges: College of Architecture, Construction and Planning; College of Business; College of Engineering; College of Education and Human Development; College of Liberal and Fine Arts; College of Public Policy; College of Sciences; and University College.

A Texas native raised on San Antonio’s South Side, McKinney earned a bachelor’s degree in 1950 from Trinity University and a master’s degree at The University of Texas at Austin. From 1992 to 1996 she took postgraduate courses at UTSA, including classes in Latin, Dante, and philosophy and ancient history. After her journey with UTSA, McKinney recognized the high-quality education provided by San Antonio’s largest public university. As a result, for nearly 20 years, she quietly gave approximately $250,000 to support UTSA students.

The legacy of Mary McKinney and her parents lives on through the successes of the student scholarship recipients. Her bequest has afforded nearly 3,000 students the opportunity to become Roadrunners and receive a quality education at no cost. UTSA will be forever grateful for McKinney’s generosity and selflessness as she considered the bright future of UTSA and its students.

Jordan Allen



UTSA Today is produced by University Strategic Communications,
the official news source
of The University of Texas at San Antonio.

Send your feedback to news@utsa.edu.


UTSA Today is produced by University Communications and Marketing, the official news source of The University of Texas at San Antonio. Send your feedback to news@utsa.edu. Keep up-to-date on UTSA news by visiting UTSA Today. Connect with UTSA online at Facebook, Twitter, Youtube and Instagram.


Events


Spotlight

Spotlight

dtc-utsa-sign_680.png
University of Texas at San Antonio receives ‘transformational’ $40M gift

UTSA’s Mission

The University of Texas at San Antonio is dedicated to the advancement of knowledge through research and discovery, teaching and learning, community engagement and public service. As an institution of access and excellence, UTSA 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.

UTSA’s Vision

To be a premier public research university, providing access to educational excellence and preparing citizen leaders for the global environment.

UTSA’s Core Values

We encourage an environment of dialogue and discovery, where integrity, excellence, inclusiveness, respect, collaboration and innovation are fostered.

UTSA’S Destinations

UTSA is a proud Hispanic Serving Institution (HSI) as designated by the U.S. Department of Education .

Our Commitment to Inclusivity

The University of Texas at San Antonio, a Hispanic Serving Institution situated in a global city that has been a crossroads of peoples and cultures for centuries, values diversity and inclusion in all aspects of university life. As an institution expressly founded to advance the education of Mexican Americans and other underserved communities, our university is committed to promoting access for all. UTSA, a premier public research university, fosters academic excellence through a community of dialogue, discovery and innovation that embraces the uniqueness of each voice.