Brown & Gay Engineers, Inc. (www.browngay.com), an engineering consulting firm based in Houston, established an endowed scholarship in the UH Cullen College of Engineering’s civil and environmental engineering department. The gift totals $52,000 -- $50,000 to establish the endowment and $2,000 for use toward current scholarships for fall 2015.
Alumni of the Cullen College of Engineering are employed in leadership positions throughout the city of Houston and around the world. Brown & Gay Engineers (BGE) is no exception: Cullen College alumnus Ronald L. Mullinax served as the chairman of the board at Brown & Gay Engineers until his retirement at the end of 2014.
Mullinax’s plans for retirement first spurred on the decision to provide support to his beloved alma mater. Lee Lennard, president of Brown & Gay Engineers, also noted that the endowed scholarship will help to train world-class engineers like Mullinax who may one day be employed at BGE.
“BGE is in business to serve clients, to lead with excellence, and to solve complex problems,” said Lee Lennard, president of Brown & Gay Engineers. “Creating an endowed scholarship at the University of Houston in honor of our retiring Chairman of the Board and U of H alumnus, Ronald L. Mullinax, PE, allows us to further partner in developing bright young professionals.”
“These bright young civil engineering professionals will go into the world and make a profound difference: serving, leading and solving,” he added.
The gift of an endowed scholarship represents a permanent asset at the Cullen College of Engineering from which engineering students can receive support toward their education. Endowments provide stability to scholarship programs because the principal gift is retained to produce income on an annual basis, in perpetuity, while a portion of the annual investment return is used for a scholarship award. The rest of the investment yield is returned to the principal and, over time, the fund grows.
To learn more about establishing an endowed scholarship at the University of Houston, please visit http://www.uh.edu/giving/opportunities/unrestricted/student-scholarship… or contact Russell Dunlavy, chief advancement officer at the UH Cullen College of Engineering, at rtdunlavy [at] uh.edu.
To learn about other giving opportunities at the UH Cullen College of Engineering, please visit http://www.egr.uh.edu/giving/opportunities.