Scott Terry ’80 was a student at A&M when he saw up close the effect of the generosity of the Aggie family: his roommate received a President’s Endowed Scholarship. Terry thought to himself, maybe someday I could do that for a student.
Now, more than 30 years later, Terry hasn’t forgotten that desire. He has committed to a planned gift of $100,000, which will be used to endow a President’s Endowed Scholarship at Mays.
Terry, a senior vice president for Merrill Lynch in Tyler, works in financial planning and wealth management He says he frequently counsels his clients to add philanthropic activity to their estate planning. “I decided it was time to eat some of my own cooking,” he says.
Joking aside, Terry says that as a former student and as an Aggie parent, he understands his obligation to give back to the school. “If we fail to reinvest in the institutions that have benefitted us, then we have failed those that enabled our success,” he says. Terry hopes that his gift will enable future generations of Aggies to find success at Mays.
Two of Terry’s four children have graduated from A&M, one with a degree in business and the other with a business minor. “The business school is a special place for me,” says Terry.
Terry and his wife, Terry, reside in Tyler. In addition to their support of A&M, they also volunteer their time and resources with the East Texas Communities Foundation, Bethesda Health Clinic, the Tyler Catholic School System, Salvation Army, and United Way.
Terry graduated from A&M with a degree in finance in 1980. He earned a CPA and joined (what is now) Bank of America after graduation. He spent 17 years in the Dallas, Midland, and Tyler offices, working in Commercial Lending. He has been with Merrill Lynch for 13 years.
The Texas A&M Foundation is a non-profit organization that receives major gifts and manages endowments for the sole benefit of Texas A&M University.