A San Antonio couple has committed a substantial planned donation that will establish the Melissa and John Kauth ’77 Endowed Scholarship in Business. Distributions from the fund will be used to provide four-year scholarships to full-time students at Mays Business School.
Preference will be given to applicants who are Regents Scholars’ students.
Mr. Kauth received a finance degree from Texas A&M University in 1977 and is a board member for the Center for International Business Studies at Mays. He returns to campus regularly to speak to students.
He is a CPA and the CEO of Intercontinental Asset Management Group. “As a wealth manager, I tell my clients, “You need a financial plan for while you are alive and one for when you’re gone,” he said. “I am just doing as I advise them.”
Mr. Kauth began his career as a comptroller of First National Bank of San Antonio. This was achieved through the support of retired Mays finance professor Dr. Don Fraser. Due to Dr. Fraser’s efforts Kauth met not only his wife but also the colleague with whom he started Intercontinental Asset Management Group three years later. He has enjoyed both of these partnerships for more than 33 years.
“I worked hard and I got lucky. I am fortunate to be able to do this,” Kauth said. “I care about Texas A&M and I want to help change the lives of young people much like Dr. Fraser helped change mine.”
Mrs. Kauth, a former banker and public utility executive (and graduate of the University of Texas system) joins her husband in this endeavor with a generous endowment benefitting the Texas A&M Stevenson Companion Animal Life-Care Center.
“We both believe that the path to success is a solid education and strong values. These are the hallmarks of an experience at Texas A&M. The good work done by the Stevenson Center is a strong example of those values and supports our love of animals.”
“The Kauths’ generosity will transform the lives of many young people,” said former Mays Dean Jerry Strawser. “Their focus on first-generation students will provide these young people with financial assistance that will make the dream of attending Mays Business School a reality. The impact of their gift will simply be tremendous.”
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Texas A&M University’s Mays Business School educates more than 5,600 undergraduate, master’s and doctoral students in accounting, finance, management, management information systems, marketing and supply chain management. Mays consistently ranks among the top public business schools in the country for its undergraduate and MBA programs, and for faculty research. The mission of Mays Business School is creating knowledge and developing ethical leaders for a global society.