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Carr Foundation
Member, Texas Tech University System The Princeton Review - 373 Best Colleges, 2011 Edition

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History of the Carr Foundation

The Carr Scholarship Foundation was established after Robert G. Carr’s death in 1978. Mr. Carr bequeathed all of his interests in oil, gas and other minerals to be held in a trust. The purpose of the trust was to provide funds for the establishment of academic scholarships for needy and worthy students enrolled at Angelo State University. In 1987, his wife, Nona K. Carr, left an identical will and gave her half of the couple’s interests to the foundation.

In 1980, the Robert G. and Nona K. Carr Scholarship Foundation received a payment of approximately $3 million from the mineral and royalty interests from oil and gas producing properties in 16 West Texas counties. As an expression of their confidence in the faculty and administration of Angelo State University and their deep commitment to education, the Carrs made significant financial provisions for ASU.

The first Carr Academic Scholarships, totaling $350,000, were awarded to students in the fall of 1981. The Carr Foundation assets currently surpass $96 million, and the interest from the principal helps support one in every six students at ASU.

more about the foundation

Read this detailed history for more information about the Carr Foundation.

BIOGRAPHY OF ROBERT G. CARR

Read about Robert G. Carr, the legendary man who established the endowed Carr Scholarship program at Angelo State University.