Foundation’s Annual Donations Total $400,000 For Business Graduate Students

By Michelle Villarreal Leschper, Joshua Esparza | Published: May 29, 2019

Foundation’s Annual Donations Total $400,000 For Business Graduate Students

CORPUS CHRISTI, Texas – For the past two decades, the Morris L. Lichtenstein, Jr. Medical Research Foundation has generously, and dependably, contributed to the Texas A&M University-Corpus Christi College of Business graduate program. Their most recent gift for Fall 2019 marks a milestone as the foundation’s gift has now reached a cumulative amount of $400,000 for the college.

“All the programs we support are to enhance A&M-Corpus Christi, not just to be generous to the students, but to try and do things that contribute to the quality of the Island University,” said Charles Thomasson, President of the Lichtenstein Foundation.

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Thomasson says that the graduate scholarship started with one initial goal: to enhance the College of Business while attracting the best, and most qualified, students to the program. The Trustees of the Foundation believe the goal has been realized, as the scholarship has been successful and impactful on a local and national scale—benefitting both adult learners residing in Corpus Christi and those beyond the Texas boundaries for 20 years.

“The generosity of the Lichtenstein Foundation is greatly appreciated by the College of Business and its graduate students.  The scholarships have helped hundreds of students enrolled in the MBA and Master of Accountancy achieve their graduate education,” said Dr. John Gamble, College of Business Dean. “This long-running, sustained support of College of Business students was recognized by AACSB during its recent reaccreditation visit.”

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Scholarship donations have remained integral in the College of Business’ continued accreditation from AACSB International—the premier accrediting body for colleges of business. This accolade is the hallmark of excellence in business education and has been earned by less than five percent of the world's business programs.

Approximately 300 students have received the Lichtenstein Foundation scholarship since its inception in 1999. Awards for the 2019-2020 school year are selected by the College of Business Dean and will be distributed in August.

“Our experience with this scholarship funding illustrates how even modest gifts consistently made, have larger impacts over time,” Thomasson said.