Centennial gift from Sarah and Ross Perot Jr. endows Dedman Law scholarships in honor of Thomas W. Luce III ’62, ’66

Ross Perot Jr.

Centennial gift from Sarah and Ross Perot Jr. endows Dedman Law scholarships in honor of Thomas W. Luce III ’62, ’66

H. Ross Perot, Tom Luce and Ross Perot, Jr.

H. Ross Perot, Thomas W. Luce III, and Ross Perot, Jr., celebrate the new Thomas W. Luce III Centennial Dedman Law Scholars Program at SMU.

A new Centennial gift from Sarah Fullinwider Perot ’83 and Ross Perot, Jr., will fund new scholarships in SMU’s Dedman School of Law in honor of one of its most distinguished graduates.

Their $1.75 million gift creates the Thomas W. Luce III Centennial Dedman Law Scholars Program, with $1.5 million going to endowment and an additional $250,000 in operating funds for the first five years. The “Centennial” designation of the program recognizes a gift that provides operational funds while the endowment matures.

Luce, who received SMU’s Distinguished Alumni Award in 1999, earned his undergraduate degree on the Hilltop in 1962 and graduated from what is now Dedman School of Law in 1966.

“Sarah and Ross Perot have found the perfect way to honor their life-long friendship with Tom Luce,” said SMU President R. Gerald Turner. “Tom has been successful both in business and in public service and we are very proud of the history that he’s had here. Having Tom Luce’s name with us in perpetuity on a scholarship fund in the Dedman School of Law is a great way to honor his terrific contributions to SMU and the broader community.”

> Visit SMU’s Dedman School of Law online: law.smu.edu

Describing his family as big supporters of SMU, Ross Perot, Jr., said they agreed the best way to honor Luce was through a gift to his alma mater. In addition to financial support, students in the Luce Scholars Program will have both formal and informal opportunities to learn directly from Luce, who was a founding partner in the Dallas-based legal firm of Hughes & Luce LLP.

“Tom Luce is the role model for what a lawyer should be,” said Perot, Jr. “We hope that with this scholarship Tom will be able to attract great students to SMU, teach them to be great attorneys, and also to focus on public service.”

“I am so honored and grateful that my dear friends, Ross and Sarah Perot, chose to honor me in this way at my alma mater that means so much to me,” Luce said. “I look forward to working with the Luce Scholars in the years ahead.”

Jennifer Collins, Judge James Noel Dean of Dedman Law, said she expects the experience of working with Luce will be transformative for Luce Scholars.

“Not only has he excelled in the profession, but Tom Luce spends his time serving others on issues ranging from mental health to education,” Collins said. “He shows students what it means to be a world changer and how to really have an impact on their community, and those are the kind of lawyers we want to be sending out into the marketplace.”

> Read the full story from SMU News

October 1, 2015|News|

New gift establishes first Endowed Centennial Chair at SMU

Ross Perot Jr. and Sarah Fullinwider Perot with Jerome FullinwiderA new gift from Sarah and Ross Perot Jr. of Dallas will establish the Jerome M. Fullinwider Endowed Centennial Chair in Economic Freedom, named in honor of Mrs. Perot’s father. The chair-holder will join the faculty in the William J. O’Neil Center for Global Markets and Freedom in SMU’s Cox School of Business.

The gift makes history for the University as its first endowed centennial chair, part of a new category of gifts to commemorate the 100th anniversary of SMU’s founding and opening. A position designated as “centennial” must meet elevated giving levels, be a combination of endowment funding and five years of annual support, and be created during the centennial celebration period – Jan. 1, 2011, through Dec. 31, 2015.

“This gift supports one of the top priorities of SMU’s Second Century Campaign and the University’s strategic plan – increasing the number of faculty positions that are endowed,” said SMU President R. Gerald Turner. “When this campaign began, SMU had 62 endowed faculty positions. Our goal is to increase that number to 100. With other endowed chairs and professorships established during the campaign, this new commitment brings us to 83. We are deeply grateful for the generosity and foresight of the Perot and Fullinwider families for leading the way in establishing this centennial chair.”

The gift for the Fullinwider chair counts toward SMU Unbridled: The Second Century Campaign, which at midpoint has raised more than $500 million to advance student quality, faculty and academic excellence and the campus experience.

Jerome “Jerry” M. Fullinwider received a B.B.A. degree from SMU in 1951 and is a 1953 graduate of the U.S. Naval School of Justice in Newport, Rhode Island. Following graduation, he served with the U.S. Navy in Korea and China.

“My father has pursued his interest in free enterprise and expansion of global business relationships throughout his business career,” Sarah Perot said. “When he told us of his commitment to the O’Neil Center, Ross and I decided that an endowed faculty chair in his name would be a fitting way for us to recognize his achievements and to ensure the permanence of his interest long into the future.” The Perots added to his commitment to provide a total gift of $2 million for the centennial chair.

Above, Ross Perot Jr. and Sarah Fullinwider Perot with Jerome M. Fullinwider (right).

> Read more from SMU News
> Visit the O’Neil Center for Global Markets and Freedom online

May 11, 2011|News|
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