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UT Announces Largest Endowment of a Named Athletics Director Position
August 22, 2023
AUSTIN, Texas, Aug. 22 -- The University of Texas issued the following news release:

The University of Texas at Austin announces a $10 million endowment from Lois and Richard Folger to create the largest endowment to a named athletics director in the country. The Lois and Richard Folger Athletics Director Endowment will provide perpetual flexible funding for non-salaried strategic use, empowering the athletics director to launch new initiatives and enhance the excellence of Texas At . . .

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