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University of Texas Gift Grows to $232 Million.
Knight Ridder/Tribune Business News, September, 2003
By Christy Hoppe, The Dallas Morning News Knight Ridder/Tribune Business News
Sep. 25--AUSTIN, Texas-Dallas oilman John A. Jackson's deepest well probably will be his generosity to the University of Texas, which will announce a windfall from his estate totaling $232 million on Thursday.
The donation to the geosciences department at the Austin campus is one of the largest in the nation to a public university.
Mr. Jackson was 88 when he died in March. A year before his death, he announced an estate bequest to UT that was estimated to be worth $150 million.
But now with the estate transfer nearly completed, UT has revised its value to $232 million. Coupled with an earlier donation from the geologist and his late wife, UT places...
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