EDITOR’S NOTE: A photo from the HTMA check presentation is
available at http://www.uh.edu/media/nr/2007/01jan/013107htmaphoto.html.
HOUSTON TREASURY MANAGEMENT ASSOCIATION
$25,000 TO BAUER COLLEGE OF BUSINESS SCHOLARSHIP ENDOWMENT
HOUSTON, Feb. 2, 2007 – Hoping to attract more finance majors
to careers in cash management, the Houston Treasury Management Association
(HTMA) has increased its scholarship endowment made to the Bauer
College of Business at the University of Houston. As a result, the
association hopes that more students will have an added incentive
to give treasury jobs consideration.
HTMA recently presented a $25,000 check to add to their existing
scholarship endowment of $22,000 at Bauer College. Bob Casey, associate
dean of external relations for Bauer, accepted the endowment check
from Brook Ballard, President of HTMA and cash manager for Stage
Stores, during HTMA’s monthly meeting in January at the University
“We could not think of a better institution of higher learning
to grow and nurture this endowment than the Bauer College and its
impressive students and student associations,” said Ballard.
“Our scholarship endowment gives us a greater connection to
the College and we look forward to building on a great relationship
to broaden our outreach, mentor young professionals, and encourage
these students to consider careers in treasury and cash management.”
HTMA’s increase was welcome news to Bauer.
“We were already grateful for HTMA’s current endowment,
but then we were even more gratified by their surprise boost that
culminated a wonderful meeting,” said Casey. “HTMA’s
members represent an impressive array of companies that care deeply
about supporting education and nurturing a terrific profession.
This scholarship is a testament of the organization’s commitment
of advancing our mission of providing support to students who will
one day join and serve the cash management and treasury profession.
Plus, the interaction possibilities between HTMA and our finance
students are extraordinary. This is a great example of how professional
organizations come together to bring us much needed support.”
In July of 1987, HTMA started its endowment with $10,000. The endowment’s
market value is now approximately $22,000. HTMA doubled the endowment
with its recent $25,000 donation.
Monies from the scholarship endowment will provide for additional
scholarships each year to the Bauer College, and HTMA wants to award
more scholarships at $1,000 each. Scholarship recipients are selected
by the Bauer College Scholarship Committee. Students can apply at
About the University of Houston
The University of Houston, Texas’ premier metropolitan research
and teaching institution, is home to more than 40 research centers
and institutes and sponsors more than 300 partnerships with corporate,
civic and governmental entities. UH, the most diverse research university
in the country, stands at the forefront of education, research and
service with more than 35,000 students.
About the Bauer College of Business
The C.T. Bauer College of Business has been in operation for more
than 60 years at the University of Houston main campus. Through
its five academic departments, the college offers a full-range of
undergraduate, masters and doctoral degrees in business. The Bauer
College is fully accredited by the AACSB International – the
Association to Advance Collegiate Schools of Business. In August
2000, Houston business leader and philanthropist Charles T. (Ted)
Bauer endowed the College of Business with a $40 million gift. In
recognition of his generosity, the college was renamed the C.T.
Bauer College of Business.
About the Houston Treasury Management Association
The Houston Treasury Management Association is a non-profit organization
dedicated to promoting the treasury management profession in the
Houston area. Its mission is to provide a forum for the exchange
of ideas, to improve contemporary treasury management techniques,
and to educate its members. The association’s membership is
comprised of about 200 treasury professionals from many industries
such as energy, health care, utilities, retail, manufacturing, and
government. For more information on HTMA, go to http://www.texastma.org/houston.
For more information about UH visit the universitys Newsroom at www.uh.edu/admin/media/newsroom.