On Oct. 21, 2013, the Moody Foundation of Galveston announced a $50 million commitment to establish the Moody College of Communication at The University of Texas at Austin.
This legacy gift for current and future generations of Texans resulted in the largest endowment for the study of communication of any public university in the nation. It ensures that for generations, Moody College can recruit the best professors, best administration and best undergraduate and graduate students.
The gift enabled the Moody College to compete with the top universities in the nation—both public and private—and positioned The University of Texas at Austin as the premiere university in the nation for communication scholarship and education.
On Nov. 7, 2013 at 5 p.m. (CST), The University of Texas at Austin officially dedicated the Moody College of Communication at a celebration at Walter Cronkite Plaza in the communication plaza on campus. The event featured speakers including Moody Trustee Ross Moody, The University of Texas at Austin President Bill Powers and Moody College of Communication Dean Roderick P. Hart, who oversaw the gift during his tenure as dean.