Rinn ’75 Establishes Accounting/Tax Education Endowment
February 18, 2014
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Mays Business School
Robert (Bob) A. Rinn ’75
Robert (Bob) A. Rinn ’75 knew for many years that he wanted to leave part of his estate to Texas A&M through his will. After meeting with a financial consultant, Rinn decided to make a planned gift by assigning the Texas A&M Foundation as a beneficiary of one of his life insurance policies. His gift of $267,000 established the Robert A. Rinn ’75 Energy Accounting/Tax Education Endowment. Distributions from this endowment fund will be used to support teaching, student activities and/or scholarships related to energy accounting and tax education in the Mays Business School.
“I was very fortunate as a college student,” Rinn said. “The Texas A&M Accounting Department and its professors were invaluable to me, and my parents funded my education so I graduated with no student loan debt. I hope my endowment will help future Mays accounting students acquire a comparable outstanding education and graduate without student loans.”
“We appreciate Robert’s generous support of our Accounting Department,” said Mays Dean Jerry Strawser. “Planned gifts of this nature are an important manner in which to support our School and allow us to continue to provide outstanding educational opportunities to our students.”
After graduating from Texas A&M, Rinn earned his CPA certification before embarking upon a successful 36-year accounting career at Schlumberger, a leading oil field services company. “I am humbled to be able to give back to Texas A&M and Mays Business School,” Rinn said. “And I hope my story might trigger other alumni to do the same.”
About Mays Business School
Texas A&M University’s Mays Business School educates more than 5,000 undergraduate, master’s and doctoral students in accounting, finance, management, management information systems, marketing and supply chain management. Mays consistently ranks among the top public business schools in the country for its undergraduate and MBA programs, and for faculty research. The mission of Mays Business School is creating knowledge and developing ethical leaders for a global society.
