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| Insurance Council of Texas P.O.Box 15 Austin, TX 78767-0015 Phone (512) 444-9611 Fax (512) 444-0734 | ||||||||||||
| Education Foundation | ||||||
| The Insurance Council of Texas Education Foundation was created in 2007 for charitable and educational purposes. It uses its resources for academic scholarships to support students enrolled in insurance and risk management courses at Texas colleges and universities. |
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| The Education Foundation also offers academic achievement awards to the business schools to enhance their insurance and risk management programs. This funding is evaluated each year to determine how the funds were utilized. | ||||||
| The Education Foundation, acting through its board of trustees or any authorized person or committee, has the sole discretion to determine to whom such grants or scholarships are to be made and the terms and conditions for their continuation. | ||||||
| For companies or insurance - related organizations who would like to receive information on ICT's most recent scholarship recipients, contact Mark Hanna at (512) 444-9611 or mhanna@insurancecouncil.org. | ||||||
Board of Trustees The Education Foundation Board of Trustees consists of seven officers, legal counsel and public relations. The Board has a president, vice-president, treasurer and secretary as well as an ex-offico member in ICT's executive director. The election of officers occurs at the annual meeting of members which usually coincides with the Mid-Year Property and Casualty Insurance Symposium. The Board of Trustees meets at the request of the President or at the request of three trustees. Officers are elected by the Board of Trustees and serve for a term of one year. |
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| Participating Texas Universities The Education Foundation currently provides scholarships and academic funding to seven Texas universities. Scholarships are awarded to the school's junior and senior insurance and risk management students on an annual basis. Each school also receives academic achievement awards that provide funds for books, study materials and travel expenses. Every year the Education Foundation Board of Trustees reviews each school's participation and their use of funds. |
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| Underwriters of Education All of the funds from company sponsorships of the annual Mid Year Property and Casualty Insurance Symposium go toward scholarships and academic achievement awards. The Education Foundation carefully considers the distribution of these funds to maximize their assistance to students and each business school. |
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| Individual Supporters Individual contributions have been established to provide additional funding for student scholarships and academic achievement awards. Minimum donations of $25 are accepted. Individual contributions can be made in person, mailed or sent using the Education Foundation's Contribution form. |
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| Contributions Individuals can utilize the Education Foundation Contribution form by clicking on Contributions. |
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