Texas Kappa Sigma Educational Foundation
Joe Bailey, Sr.
Joe Bailey, Sr.
The Texas Kappa Sigma Educational Foundation
(Also known as the Tau Trustees)
The Texas Kappa Sigma Educational Foundation, Inc., is a nonprofit corporation, organized and operated exclusively for educational purposes under the laws of the State of Texas.
The Foundation's specific educational purpose is to support enrolled or prospective students of The University of Texas in their efforts to:
- Achieve and maintain high scholastic standards;
- Create strong fraternal bonds that will serve them personally and professionally throughout their lifetimes;
- Develop strong leadership qualities to serve brothers in college and beyond;
- Enhance their cultural and practical knowledge, as well as their ability and desire to work in harmony with their fellow man in promoting pursuits of a civic, religious or educational nature that benefit The University of Texas and the State of Texas.
The Foundation (also known as Tau Trustees) may accomplish this purpose by:
- Awarding scholarships and grants to enrolled or prospective students of The University of Texas who are qualified to receive them and by making loans to such students to aid them in attending The University. The Foundation's Board of Directors has the authority to establish standards, conditions, and terms to govern the selection of students and to award scholarships, grants, and loans to students;
- Providing for such qualified students lectures, instruction, and supervision upon and with respect to cultural, educational, religious, and civic matters and subjects;
- Providing other means and methods as The Foundation's Board of Directors may deem appropriate for the accomplishments of the specific purpose for which this corporation is formed and which are not inconsistent with its exclusive educational purpose nor contrary to the other terms and provisions hereof.
The Foundation's five-member Board of Directors is responsible for acquiring, managing, and operating all real estate related to the Tau Chapter, as well as the assets of the Corporation, and are the voting members of the Corporation, with respect to all decisions regarding the real property and assets of the Corporation.
Nominees for Directors, Officers, Trustees, and the Executive Committee of the Foundation are put forth annually by the Nominating Committee, a majority of which must not be current Directors. The Nominating Committee takes into account contributions of both time and funding to the overall purposes of the Foundation. The Executive Committee maintains responsibility for selection of Awards Recipients. In conjunction with Tau Chapter's Parents' Association, Trustees also coordinate an annual celebration (commonly known as Tau Trustees and Parents' Weekend) during which students and alumni are honored. These awards typically include:
- The Philip Moore Award, honoring a Tau Chapter Senior;
- The Gabe Higgins Award, honoring a Tau Chapter Junior;
- The Tau Man of the Year, honoring a Tau Chapter initiate and alumnus.
The Foundation is the House Corporation that owns the Fraternity Lodge and Residence on behalf of the Tau Chapter of Kappa Sigma, located at 1002 West 26th Street, Austin, Texas.
There are approximately 30 Trustees, and the current list of men serving includes all Directors and Officers, as well as fathers of eight men initiated into Tau Chapter during the last five years.
The Foundation was created in 1955 by the following organizers:
|Frank C. Erwin, Jr.||William E. Darden|
|B. W. Crain, Jr.||W. L. Rudd, Jr|
|H. J. Shands, Jr.||P. E. Peareson|
|V. W. McLeod||James L. Bayless|
|J. F. Flack||Jack S. Josey|
|Jack G. Taylor||James P. Nash|
|Morin M. Scott||Robert L. Hatchett, Jr.|
|Dan B. Gardner|