The Co-op fulfills its 115-year old mission as a non-profit corporation by returning all profits to its owners - the students, faculty and staff of the University. Since 2000, The Co-op has given over 32 million dollars to UT in the form of gifts, grants and rebates.
The University Co-op's mission is to advance the educational interests of the University. One hundred percent (100%) of our after-rebate "profits" (excluding a portion set aside for reinvestment) are used to support university-related projects and activities.
The Co-op is interested in supporting promising new initiatives with "seed funding" where awardees should not expect continual support for the same programs from year-to-year at the same or increasingly higher levels of requested funding. Thus, these requests must include information on future funding plans for the project.
In order to fund major capital projects, the Co-op is interested in supporting projects with naming opportunities. Also, it is important to have funding proposals transmitted or endorsed by a Dean.
The deadline for applications to be considered for a vote by the Board at its August meeting is April 1st. Once approved, the funds will be disbursed when actual expenses are incurred. Depending on the magnitude and length of project and amount of funding, certain funds may be paid in installments.
In addition to the purpose and description of the project, items that must be included in the funding proposals:
A realistic projection of the number of students, faculty, staff, and/or alumni that will benefit from the award.
Details about how the Co-op's support of the project will be recognized or publicized, including visual examples whenever possible.
Budget information for the total project with an itemized breakout of the portion of funds being requested from the Co-op.
Send funding proposals to:
George H. Mitchell
2246 Guadalupe Street
Austin, TX 78705
If you have questions, please call Hulan Swain at 512-322-7071.