Tuesday, March 11, 2008

TI Endows SMU Position

The Texas Instruments Foundation, the non-profit, philanthropic arm of Dallas-based semiconductor manufacturer TI, revealed Monday that it has endowed an engineering leadership position at Southern Methodist University through a gift of $2 million. Officially, the newly created position will be known as the Texas Instruments Distinguished Chair in Engineering Education. This individual, the foundation noted, will also serve as director of the Caruth Institute for Engineering Education, a K-12 and early college program endowed in October courtesy of a $10.1 million gift from the W.W. Caruth Foundation. Noted public servant and former Assistant Secretary of the Navy for Research, Development and Acquisition Delores M. Etter has been named the first chairholder. The Texas Instruments Foundation was created in 1964.