Texas State’s Mathworks program is close to having an endowment amount of over $3 million dollars.
The RGK Foundation donated $400,000 today to help Mathworks in their ‘Legacy Campaign’ endowment and to achieve the Kodosky $1.2 million match challenge.
Mathworks Assistant Director Andrew Hsiao is glad that the RGK Foundation is helping them in their endowment campaign.
“We’re really honored that they are supporting the endowment campaign which will sustain the center for years to come,” Hsiao said.
The Kodosky match challenge started in 2010 when Jeff Kodosky, co-founder of National Instruments, and his wife, Gail, gave $300,000 to establish the Kodosky Foundation Mathworks Endowment and pledged a $1.2 million challenge match.
Kodosky want to encourage others to support the Mathwork’s endowment campaign. Once the challenge is fulfill, the Kodosky Foundation will match the amount donated.
The amount could result in $3 million. This will provide financial help to the Mathworks’ programs, such as summer math camps for students K-12, research for graduate students and teacher training.
Mathworks Director Max Warshauer knows this is money is important to provide help students who have financial problems.
“It supports our undergraduate and graduate students working with the program on research and it supports scholarships so that any student, even if they have need still can come to our program. So we’ll never be turning away students because of financial background,” Warshauer said.
Although the challenge ends on 2017, Warshauer believes that they will match the amount in one or two years.
To learn more about the Mathworks program, call (512) 245-3439 or e-mail email@example.com.
To donate to the endowment, you can visit their website at www.txstate.edu/mathworks.