AUSTIN, TX: Charitable organization the Moody Foundation has invested $50 million to establish the Moody College of Communications at the University of Texas at Austin.
The funding will support projects for Moody College, such as a $10 million innovation fund that will invest in courses and research and a $13 million graduate-student-recruitment effort.
To benefit current and future children and students in the state, the Moody Foundation gives grants to community development, education, children's needs, and social services initiatives in Austin, Galveston, and Dallas.