United Supermarkets to Donate $3 Million to Texas Tech
An area supermarket has donated a hefty gift to benefit Texas Tech.
United Supermarkets has announced a $3 million gift, which will go to endow scholarship programs at Texas Tech, and support the School of Nursing.
$2 million of the donation will create a new graduate fellowship endowment. The United Supermarkets Graduate Fellowship Endowment will provide graduate fellowships and help to improve research work for students that attended high school within the United Supermarkets trade area. Matching funds from the Texas Research Incentive Program are eligible for this portion of the gift.
$700,000 of the donation will go to create the United Supermarkets Scholarship Endowment. Scholarships under this endowment are designated for students who went to high school in the United Supermarkets trade area as well.
The remaining $300,000 will benefit operational support for the new Texas Tech University Health Sciences Center School of Nursing in Abilene.
Also, the student dining hall attached to the new student residence hall near 19th Street and Boston Avenue will be named the “The Commons by United Supermarkets” by the Texas Tech Board of Regents later this week.
Texas Tech Chancellor Kent Hance discussed United’s donation, saying “Their continued support of Texas Tech is outstanding and will provide future generations of students with additional opportunities to excel.”
“Today we are thrilled to join with Tech in helping make a top-notch college education possible for young people across our area…for many years to come,” said Matt Bumstead, co-president of United Supermarkets.