$1 Million Gift by Walter Embrey to Support Real Estate Graduate Students
In recognition of his gift, the college’s program will be named the Embrey Real Estate Finance and Development Program.
Embrey is the founder and chief executive officer of Embrey Partners, a fully integrated development, construction and property management operation specializing in multifamily and commercial projects. Since founding the company in 1974, Embrey has partnered in projects that total 40 million square feet throughout 10 states.
“We are proud to have the Embrey name forever tied to the college’s real estate program,” said Tony Ciochetti, the Elmo James Burke Jr. Chair in Real Estate Finance and Development.
“Walter was instrumental in the creation of our program, and his gift will help bring us to the next level in developing premier programming for our graduate students.”
Building on the success of the undergraduate real estate finance and development program, the UTSA College of Business is launching a cohort-based, two-year master’s program in real estate finance and development.
Grounded on a strong academic foundation and strong relationships with local and global leaders in the real estate industry, the program will allow for multidisciplinary and specialized real estate training and will emphasize industry engagement and applied activities.
“Our industry needs talented professionals to keep up with the growth in Texas and the Southwest,” said Embrey. “I hope this gift will help UTSA develop a new breed of professional, strong in finance, adept in development and skillful in practical issues like design, engineering and construction.”
Embrey’s gift will support graduate student fellowship opportunities, externship stipends and graduate research funding for opportunities such as conferences and industry competitions.
“The Embrey name has been a recognized leader in the real estate community for many decades,” said Wm. Gerard Sanders, dean and Bodenstedt Chair of the UTSA College of Business. “We are so grateful for Walter’s enthusiastic support in helping build a top-tier graduate program in real estate finance and development at UTSA. This is a transformational gift for our program and our students.”
A native of San Antonio, Embrey received his finance degree from the University of Texas at Austin. He is a founding member and former chairman of the UTSA Real Estate Finance and Development Program Founders Council and was a charter member and co-chairman of the Real Estate Finance and Investment Center at the UT Austin McCombs School of Business.
“UTSA has a major impact on San Antonio, and I’m excited to be a part of that momentum,” added Embrey.
The Embrey Real Estate Finance and Development Program, which comes at the close of UTSA’s inaugural capital campaign, is a milestone for the College of Business. It is the university’s second named academic program, the first in business.
College Dedicates Laboratory in Honor of Alumni Nancy and Frank Kudla
The UTSA College of Business dedicated the Kudla Foundation Research Laboratory this fall in UTSA’s North Paseo Building.
The laboratory was named for business alumni Nancy, MBA ’87 and Frank Kudla, ’85 for their unwavering support of the college’s cyber security program.
“The Kudlas are pioneers in the field of information technology,” said UTSA President Ricardo Romo. “Today we are here recognizing an important occasion in support of UTSA’s cyber security initiative.”
Joined by their family as well as UTSA faculty, students and administrators, the Kudlas unveiled the new laboratory which will be utilized by cyber security students to train for cyber competitions.
“We have high expectations for the College of Business to ascend to the Top Tier,” said Nancy Kudla. “We believe the cyber security program is going to lead the way.” Speaking to the students she said, “Show the rest of the world what UTSA can do. You are in a great place to build your skills.”
The Kudlas were recognized for their $500,000 gift to establish the Nancy and Frank Kudla Endowed Fellowship in Information Assurance and Security in the College of Business. The fellowship supports graduate research and education and allows the college to recruit the best and brightest in the field of cyber security. Since the program’s inception, three students have been named Kudla fellows.
“The Kudla’s transformational gift will make a lasting impact in UTSA’s cyber security mission,” said Wm. Gerard Sanders, dean and Bodenstedt Chair in the College of Business. “Through their generosity we are able to provide our students with the resources and support that are crucial in growing our reputation in cyber security.”
The College of Business has been offering cyber security classes since 2001. The college currently offers a bachelor’s degree in cyber security, a MBA concentration in cyber security, a master’s degree in information technology with a concentration in cyber security and a doctoral program with a concentration in information technology.
Family Establishes Endowed Scholarship for Parents
Mike and Brigitte Perkins received a Christmas gift from their children that will last a lifetime. Their children Kimberly Stanley, ’95, Keri Saiz, ’01 and Michael Perkins, a UT-Austin alumnus, established the Mike and Brigitte Perkins Commitment to Education Endowed Scholarship in the UTSA College of Business.
“Each year our children pick a theme for their gifts. This year it was the gift of education,” said Brigitte, a local realtor. “They thanked us for supporting their education, announced that they established the scholarship and presented us with a book including notes from all of the donors. We were extremely humbled by the generosity of the gift.”
More than $70,000 was raised to establish the endowment, and gifts came from over 50 family members and friends.
The annual scholarship will be awarded to graduates from the Northeast Independent School District (NEISD) in perpetuity.
“While at UT-Austin I was lucky enough to receive scholarships from endowments set up by individuals,” said their son Michael, a partner at Slattery | Perkins P.C. and a member of the college’s Accounting Advisory Board. “Ever since then, I’ve had a goal to pay it forward.”
Mike and Brigitte have committed their lives to education. Married over 40 years, the Perkins graduated from Churchill High School, and their children were graduates of MacArthur. Both have been involved with NEISD in a variety of ways. Brigitte has been serving on the NEISD Board of Trustees for the last 17 years, and Mike has served on numerous bond committees and has been an ardent supporter of NEISD athletics.
“Our kids know how we feel about education and how important it is to us,” said Mike. “We want to continue to grow the scholarship fund.”
Scholarship Established in Memory of IS Faculty Member Jan Clark
In memory of longtime faculty member Jan Clark, family and friends established the Jan Yestingsmeier Guynes Clark Memorial Endowment.
A retired professor of information systems in the UTSA College of Business, Clark passed away this spring at age 65. A champion of the college’s cyber security program, Clark was instrumental in leading the college’s doctoral program in information technology.
Clark joined the UTSA faculty in 2000 and served as chair of the Department of Information Systems and Cyber Security from 2011-2013. She was a prolific researcher in her field with over 80 journal and book publications. She was instrumental in securing Department of Defense grants for the department and also was active in the college’s international immersion program leading students to Spain, Morocco and the Emirates.
Her truest pleasure was her role as Ph.D. advisor in which she served from 2005-2011.
“Jan was deeply involved in the Ph.D. program and made a significant commitment to mold Ph.D. candidates into real Ph.D.s,” said Wm. Arthur Conklin, Ph.D. ’06. “She spent time with each of us, tailoring our development to drive success. I would not have been nearly as successful post UTSA without her counsel and guidance,” said Conklin, associate professor and director of the Center for Information Security Research and Education at the University of Houston.
“Jan’s legacy is one of genuine commitment and love for her students, friends and family,” said her husband, Alan Clark. “She is known on four continents for her smile and joyous laughter. Among many interests, Jan most loved her pets, the ocean, Monarch butterflies, art, spontaneous road trips, red wine and Belgian chocolates.”
Business Alumnus Gino Chincarini Is Longest Running Alumni Supporter
Gino Chincarini, ’79, MBA ’82 remembers his experience as a UTSA student as vividly as if it were yesterday. To this day, he cherishes the professors, the proud students and lifelong friendships. He personifies the spirit of a proud Roadrunner and his 24 consecutive years of giving to the university are the evidence.
“I didn’t realize it’s been that long. It is such a blessing to know that my years of giving have made an impact for students at UTSA,” said Chincarini.
Since 1991, he has made 131 monetary gifts to support various UTSA programs, scholarships and the College of Business, where he earned both his undergraduate degree in accounting and MBA. Including gifts ranging from $25 to $1,500, and membership with the Alumni Association, he has contributed more than $20,000 over the years.
“It’s not the amount that matters, because it all adds up over time. I see it as making an investment in the future and our community,” he explained. “I believe in tithing at church and giving to UTSA, and supporting other causes are an extension of that belief.”
Chincarini credits the foundation built through his education at UTSA for a successful career as an accountant and, currently, a physical therapist. Now 24 years and $21,025 later, he remains committed to giving to his alma mater. The first-ever freshman to be accepted to the university, the campus that Gino once walked thrives today because of his extraordinary track record of giving and gifts from so many others.
“Progress is ongoing, so we must always be willing to support it. I feel very blessed to be able to give to UTSA,” he shared.
Community Members Give Back Through Mentoring Programs
In an effort to enhance student learning and professional development, the UTSA College of Business offers several mentorship programs which connect community leaders with business students.
Members of the Accounting Advisory Board launched a mentorship program last year which paired board members with accounting students pursuing similar career paths. Participants met at an introductory reception and were encouraged to meet quarterly.
“I was interested in seeing what a day in the life of an auditing accountant was like,” said McKenzie Stanton, a junior majoring in accounting. “My mentor invited me to attend an audit for one of their clients that first month.
“It was motivating to explore this field with someone who has already become successful,” said Stanton. “I learned that auditing is challenging, but that it is doable. It broadened my network so much.”
Retired AT&T executive Richard Sibbernsen leads two classes in the College of Business with a focus on mentoring. Over 40 students learned from experienced managers how to apply management principles discussed in the classroom to the business world.
As part of his mentoring class, students were assigned to mentors and given specific topics and questions to discuss throughout the semester. In the organizational leadership class, students were exposed to the practices and tools of great leaders from textbook research, current business studies and the insights of real world executives.
“The goal is for students to apply management principles learned in the classroom to the business world and integrate the experiences of business leaders into practical, repeatable approaches,” said Sibbernsen.
“Mentoring students at UTSA is a way to give back to the university,” said Michael S. Anderson, ’86, former chairman of First Victoria National Bank. “The students are hungry for this type of information and are truly appreciative of any advice and guidance shared with them. I believe that programs like this are perfect capstones to complete an education in any business program.”