Phillips 66 Presents $500,000 Check to The University of Texas at Austin

April 18, 2014

AUSTIN, Texas — The University of Texas at Austin has received a $500,000 gift from Phillips 66 that will benefit a range of programs across campus and help support the Cockrell School of Engineering, the McCombs School of Business and the College of Natural Sciences.

A large portion of the gift will provide funding for the Phillips 66 SHIELD Scholar program, which provides scholarships, professional development, cultural events and community service opportunities for students pursuing careers in the energy industry.

Rex Bennett, president of specialties and business development at Phillips 66 and a graduate of UT Austin’s chemical engineering program, presented the check at a luncheon on campus, which was attended by Phillips 66 representatives and UT Austin deans, directors and students from the colleges and schools that will benefit from the contribution.

Built on more than 130 years of experience, Phillips 66 is a growing energy manufacturing and logistics company with high-performing midstream, chemicals, refining, and marketing and specialties businesses. This integrated portfolio enables Phillips 66 to capture opportunities in the changing energy landscape. Headquartered in Houston, the company has 13,500 employees who are committed to operating excellence and safety.

For more information, contact: University Communications, Office of the President, 512 471 3151;  Alejandra Bernal, University Development Office, 512-475-9435.