2022 Annual Report | Impact

Impact

Our Impact

The TBHF Scholar Award program was established in 1986. At the time, we were grateful to support a handful number of promising MBAs with $1,000 awards.

In 2022, we had the privilege of awarding $647,000 to 45 recipients. These recipients included not only MBA students, but also undergraduate students, United States veterans, and a high school student.

831

Future Texas Business Legend Award Recipients

$6.65 Million

in funding awarded to entrepreneurs

24

participating universities

2022 Award Recipients

Brett Boyd

United States Army Veteran

The Greg Armstrong Future Texas Legend Veteran Award

Courtney King Gallagher

United States Navy Veteran

The Douglas L. Foshee
Future Texas Legend Veteran Award

Miguel Lopez

United States Marine Corps Veteran

Nau Future Texas Legend
Marine Corps Veteran Award

Brendan Mullen

United States Army Veteran

Future Texas Legend Veteran Award

Antonio Cano Estrada

Baylor University

The Paul Foster Future Texas Business Legend Award

Keaton May

Dallas Baptist University

The Mitchell Family Foundation Award

Juanita Reed

Dallas Baptist University

The Mitchell Family Foundation Award

Camille Taylor

Dallas Baptist University

The Mitchell Family Foundation Award

Oscar R. Guajardo Santos

Houston Christian University

The Stewart Morris Award

Juan Antonio Barrientos

Lamar University

The Ben J. Rogers Award

Sherika King-Lowe

Lamar University

The Ben J. Rogers Award

Le’roy Patterson, Jr. 

Prairie View A&M University

Future Texas Business Legend Award

Viviane Nguyen

Rice University

The T.T. & W.F. Chao Award

Ralph William Parrott, Jr.

Sam Houston State University

The SWBC Foundation Award

Raleigh Alexander Dewan

Southern Methodist University

The Lucy Billingsley Future Texas Business Legend Award

Sonia Saeed

Southern Methodist University

The Robert H. Dedman Award

Laura Gonzalez

St. Mary’s University

The William E. “Bill” Greehey Award

Bryton Praslicka

Texas A&M University

The Mcferrin Center For Entrepreneurship
Future Texas Business Legend Award 
In Honor Of James Galloway, ‘29

Daniel A. Zamarron

Texas A&M University

The McFerrin Center for Entrepreneurship
Future Texas Business Legend Award
In Honor Of James Galloway, ‘29

Andrew Kazlow

Texas A&M University

The William Zartler Future Texas Business Legend Award

Dylan McBrayer Jones

Texas Christian University

Future Texas Business Legend Award

Joseph Washington

Texas Southern University

Future Texas Business Legend Award

Samuel W. Kimmel

Texas State University

Future Texas Business Legend Award

Garren Ferreira

Texas Tech University – Free Market Institute

The McLane Company Reading Program Award

James L. Brooks

Texas Tech University
Rawls College Of Business

The Pefanis Family Award

Michael Way

Trinity University

The Doug & Martha Hawthorne Family Fund Award

Andrea Nitze Saldivar

University of Dallas

The Mitchell Family Foundation Award

Nayab Contractor

University of Houston

The T.T. & W.F. Chao Award

Charles Grantham Goodrich

University of North Texas

Future Texas Business Legend Award

Sabrina Marie Goains

University of The Incarnate Word

The H-E-B Award

Cynthia Co

The University of Texas At Arlington

The Kelcy Warren Graduate Fellowship for Engineering

Jake Yarckin

The University of Texas at Austin

The Mike A. Myers Award

Jason Hendricks

The University of Texas at Dallas

The Mitchell Family Foundation Award 

Leon Jacobson

The University of Texas at Dallas

The Mitchell Family Foundation Award

Xavier Madison

The University of Texas at Dallas

The Mitchell Family Foundation Award

Pouya Modareszadeh

The University of Texas at Dallas

The Mitchell Family Foundation Award

Vivekram Venkataswamy

The University of Texas at Dallas

The Mitchell Family Foundation Award

William Manuel Brown

The University of Texas Rio Grande Valley

James And Kathleen Collins & Vantage Bank Texas Future Business Legend Award

Connor Gallagher-Moore

The University of Texas at San Antonio

The Carlos and Malú Alvarez Award

Howard Anthony Treser IV

The University of Texas at San Antonio

The Harvey Najim Future Texas Business Legend Award

Takeya Green

Rice University

The AT&T Future Executive Leader of Distinction Award in Honor of Randall Stephenson

Wade Mccrory

Texas Tech University

The AT&T Future Texas Business Legend Award First in Family in Honor of Richard Fisher

Jesus R. Dominguez

Texas Christian University

The Brett Wiggs Innovative Leadership Award

Edward Carrizales

The University of Houston

The T.T. & W.F. Chao Chairman’s Award

Alumni Spotlights

Mohammad Elashi

Founder & Director, Synaptic Pediatric Therapies
Co-founder & Director, Synaptic Solar
Co-founder & Director, Dynamic SLR
Founder & President, Synaptic Management

“I wouldn’t be where I am without resilience. If you have resilience, you can do anything. I’ve had some tough times and lows in this journey, and as an entrepreneur you have to decide not to give up, to keep going. I think about other entrepreneurs I admire and remind myself that had they given up when they faced a challenge, they might not have been able to create the impact they did.”

Ayodele Aigbe

Founder & Chief Executive Officer, Hangio

“Being a part of this network is really inspiring. I’ve enjoyed being able to meet so many people and attend such a wide variety of events whether it be a virtual Titan Talk, the annual Induction ceremony, or a city-based get-together. I find it particularly interesting to learn about what is going on in other industries. We have so many members in real estate, oil and gas, supply chain, and so forth. Now that the world is becoming more unified with technology, I see more overlap in the business world. No matter what industry you are in, it is incredibly valuable to have a deep understanding of other industries, and we have so many experts in our TBHF network.  Being around like-minded individuals who share that drive is incredible.”

Jairo Cruces

CEO/Founder, Cruces Land Management LLC

“Being a part of this organization has given me the drive and encouragement to grow and expand my business. There are so many influential business leaders in this group that are willing to offer advice or help. Graham Weston is an example that comes to mind. His impact in real estate and redevelopment in San Antonio is a huge inspiration and I’ve had the chance to speak with and learn from him. It’s pushed me to learn more about and get involved with real estate investment and find creative ways to expand my business. TBHF is not only helping me reach my goals, but it is helping me get there quicker.” 

2022 Award Recipient Demographics

In 2022, we awarded 44 scholar and veteran entrepreneurs from across the state.

Gender

69% male

31% female

Identify As

48% Caucasian

20% African American

20% Hispanic/Latinx

12% Asian

Degree

25% Undergraduate

65% Graduate

10% Veterans no currently enrolled in school

Founders

81% founded one or more companies

19% have not yet founded a company

Veteran Status

18% veterans

82% non veterans

First-generation students

36% first generation

64% non first generation

2022 Annual Scholar & Veteran Award Luncheon

On November 3, 2022, the Texas Business Hall of Fame hosted its annual Scholar & Veteran Award Luncheon at the Hilton Anatole in Dallas, Texas. The luncheon featured the presentation of awards to this year’s 44 recipients, as well as a Q&A discussion featuring the 2022 Hall of Fame Inductees. This luncheon was made possible through the generous support of Deloitte.

The awardees were among over a hundred finalists nominated across our state, and were hand-selected by our Directors, for their entrepreneurial spirit, leadership and sense of duty to their state and community. We are incredibly proud of all these entrepreneurs have accomplished so far in their careers and can’t wait to see what they do next.

2022 University Partners

Baylor University

TBHF Future Texas Business Legend Award

Dallas Baptist University

The Mitchell Family Foundation Awards

Houston Baptist University

The Stewart Morris Award

Lamar university

The Ben J. Rogers Award

Praire View A&M Logo

Prairie View A&M

TBHF Future Texas Business Legend Award

rice university

T.T. & W.F. Chao Award

SAM HOUSTON STATE UNIVERSITY

The SWBC Foundation Award

SOUTHERN METHODIST UNIVERSITY

The Robert H. Dedman Award
The Lucy Billingsley Award

ST. MARY’S UNIVERSITY

The Carlos and Malu Alvarez Award
The William E. “Bill” Greehey Award

TEXAS A&M UNIVERSITY

The McFerrin Center for Entrepreneurship Future Texas Business Legend Award

TEXAS CHRISTIAN UNIVERSITY

TBHF Future Texas Business Legend Award

TSU

TEXAS SOUTHERN UNIVERSITY

TBHF Future Texas Business Legend Award

TEXAS STATE UNIVERSITY

TBHF Future Texas Business Legend Award

TEXAS TECH

The Pefanis Family Award
The McLane Company Reading Program Award

TRINITY UNIVERSITY

The Doug & Martha Hawthorne Family Fund Award

UNIVERSITY OF DALLAS

The Mitchell Family Foundation Awards

University of houston

T.T. & W.F. Chao Award

UNIVERSITY OF THE INCARNATE WORD

The H-E-B Award

UNIVERSITY OF NORTH TEXAS

TBHF Future Texas Business Legend Award

UNIVERSITY OF TEXAS AT ARLINGTON

The Kelcy Warren Graduate Fellowship for Engineering

University of Texas at austin

The Mike A. Myers Award

University of Texas At dallas

The Mitchell Family Foundation Awards

UNIVERSITY OF TEXAS RIO GRANDE VALLEY

James & Kathleen Collins Future Texas Business Legend Award

UNIVERSITY OF TEXAS AT SAN ANTONIO

TBHF Future Texas Business Legend Award

2022 Programming

The Texas Business Hall of Fame worked tirelessly to create opportunities for engagement, learning, and networking. With the help of our network we were able to provide a series of high-quality in-person and virtual events throughout the year, featuring some of Texas’ greatest business icons, offering personalized advice and anecdotes to our members.

We saw great turn out and engagement from our alumni on these calls. These events would not have been possible without the generous help of our network, including the Alumni, Directors, and Legends who volunteered their time to help put on these sessions.

  • TBHF Titan Talk: An Economic Outlook for Texas with Richard Fisher
  • TBHF Titan Talk: Innovation & Economic Development
  • In Conversation with Dan Parsley: Introduction to Venture Capital for the Texas Entrepreneur
  • In Conversation with Robert Metcalfe: The Role of Connectivity
  • Building a Successful Co-Founder Relationship with Charlie Amato & Gary Dudley
  • Succession: Creating a Talent Pipeline & Building a Legacy with Gary Kelly
  • In Conversation with Tech Legend Morton H. Meyerson
  • In Conversation with Lucy Billingsley & Jason Signor: Texas Real Estate Outlook

The Texas Business Hall of Fame continues to grow its programming outside of its flagship event—the Annual Induction Dinner. Thank you to the following sponsors for making this outreach possible:

  • EY
  • Greenburg Traurig
  • Spirit of Texas Bank
  • SWBC

Additionally, we hosted two alumni networking breakfasts in Dallas and alumni happy hour networking events in Austin, Houston, and San Antonio.

This year, our Alumni leadership and advisory board played an instrumental role in the creation of our new Onboarding Program. Current alumni will have the opportunity to be paired with a new incoming 2022 award recipient. This will provide both the established award recipients and new scholar award recipients the opportunity to develop meaningful relationships within our expanding network. This program provides immediate value to incoming members and allows established alumni members an opportunity to support our mission and instill TBHF’s values in the future business leaders of tomorrow.

In 2022, we also debuted the Executive Leadership Program, a new initiative designed to provide a space where alumni can form direct connections with Directors and Legends within our organization, as well as develop their local entrepreneurial network. This program will consist of three city-based discussion groups who meet on a regular basis throughout the year. Each group is led by a TBHF Legend and two Directors. Our hope is that this will become a permanent part of our programming, allowing a new cohort of alumni to be selected each cycle.

2022 Funding

Breakdown of Awards

In 2022, TBHF continued its commitment to diversifying its funding allocation. Our goal is to champion and recognize entrepreneurs at every stage of their career. Not only did we increase the overall number of prizes in the collegiate space by more than 22%, we also awarded four veteran entrepreneurs and a high school student.

Additionally, TBHF increased its annual High School Award and created an endowment to ensure it remains a permanent part of our funding portfolio.

87% College and University Awards

8.7% Veteran Awards

1.8% Pitch Competitions

1.8% High School Awards

Sources of Funding

TBHF continues to work towards further diversifications of our funding sources.  While the majority of our funding comes from soft funding generated through our annual event, we now house two endowments and have 72.6% of our awards in the higher educations and veteran space funded through multi-year commitments from Legends, Directors and former scholar award recipients.

Together, our members (Legends, Directors, and Alumni) make up over 63% of our funding sources. With the introduction of the Junior Director program launched in 2021, we have created a program that allows Alumni to support the organization at a higher giving level and strengthened our leadership pipeline. 

74.9% Multi-Year Commitments

15% Event Related

9.3% Endowed Funding

57.2% Legends

27.4% Other / General

9.3% Endowed Funding

3.8% Directors

2.3% Alumni

Allocation of Expenses

The vast majority  of our funding is dedicated to our event and award programming. TBHF strives to provide ongoing connections, networking, and resources for its members. In addition to our Annual Induction Dinner, we host a variety of virtual and in-person events throughout the year that our members can attend. We are committed to ensuring that our Hall of Fame members, Directors and Scholar and Veteran Alumni find permanent value in our organization through learning, service and mentoring opportunities.

32% Event Programming

47% Award Programming

11% Management & General

10% Fundraising