Steve Hicks likes to say that the real secret of being a philanthropist is that you receive much more than what you give. Because he wants others to share in the joy of giving to social work, he has issued a $5 million matching challenge to create endowed scholarships at the Steve Hicks School of Social Work.
The rules are as follows:
- Give or pledge $50,000 or more (to be completed within five years).
- Steve Hicks will match the amount.
- The total amount creates an endowed scholarship fund.
- You get to link your name — or that of a family member, friend, or organization — to scholarly excellence at The University of Texas at Austin.
- An endowed gift is invested, never spent. Each year, a distribution — like dividends in a mutual fund account — will be made to the endowed scholarship fund you created.