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2021 Annual Report

Impact

Our Impact

Since the establishment of its scholar and veteran award program in 1986, the Texas Business Hall of Fame Foundation has become one of the most prominent merit-based awards in the state of Texas. The impact of these investments grows every day. Countless TBHF alumni have gone on to be transformational leaders in their businesses and communities. Not only have they have remained some of our most loyal advocates and supporters; they have pioneered new and creative avenues to pay forward the support TBHF gave them early in their success, to others now pursuing their own entrepreneurial journey.

786

scholar and veteran award recipients

$6 Million

in funding awarded to entrepreneurs

23

participating universities

2021 Award Recipients

Sophia Fitz Randolph

Rice University

T.T. & W.F. Chao “Chairman’s” Award

Devanshi Yogeshkumar Patel

University of Texas at San Antonio

AT&T Future Legend First in Family Award
(in honor of Richard Fisher)

Tokunbo Falohun

Texas A&M University

The Brett Wiggs
Innovative Leadership Award

Jaideep Patil

University of Texas

The Mitchell Family
Innovative Leader Honorary Award

Keisha Riser

Baylor University

Future Texas Business Legend Award

Grace Elizabeth Elliott

Dallas Baptist University

The Mitchell Family Foundation Award

Forest Shoults

Dallas Baptist University

The Mitchell Family Foundation Award

Chelsea Lester

Houston Baptist University

The Stewart Morris Award

Dion Tran

Lamar University

The Ben J. Rogers Award

Garrett Robert Neville

Rice University

T.T. & W.F. Chao Award

Shannon Martin

Sam Houston State University

The SWBC Foundation Award

Irewole Akande

Southern Methodist University

The Lucy Billingsley
Future Texas Business Legend Award

Ruan Justus Meintjes

Southern Methodist University

The Robert H. Dedman Award

Daniela Maria Duran Garcia Prieto

St. Mary’s University

The Carlos & Malú Alvarez Award

Tarah Williams

St. Mary’s University

The William E. “Bill” Greehey Award

William Chase Kammerer

Texas A&M University

The McFerrin Center for Entrepreneurship
Future Texas Business Legend Award

Austin Davis

Texas Christian University

Future Texas Business Legend Award

Kordel Johnson

Texas Southern University

Future Texas Business Legend Award

Joshua Travieso

Texas State University

Future Texas Business Legend Award

Darce Ross

Texas Tech University

The Pefanis Family Award

Matthew Spencer Hood

Trinity University

The Doug & Martha Hawthorne
Family Fund Award

Zara Atiq

University of Dallas

The Mitchell Family Foundation Award

Dustin Mathis

University of Dallas

The Mitchell Family Foundation Award

John Paul Thomas

University of Dallas

The Mitchell Family Foundation Award

Anil Gurung

University of Houston

T.T. & W.F. Chao Award

Luis Aaron Jimenez Guillen

University of the Incarnate Word

The H-E-B Award

Juanika K. McClendon

University of North Texas

Future Texas Business Legend Award

B. Patrice Bartlett

University of Texas

The Mike A. Myers Award

Mercedes Johnson

University of Texas – Dallas

The Mitchell Family Foundation Award

Rohit Shenoy

University of Texas – Dallas

The Mitchell Family Foundation Award

Alejandra Jimenez

University of Texas – Rio Grande Valley

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

David Robinson, Jr.

University of Texas – San Antonio

The Harvey Najim Future
Texas Business Legend Award

Justin Bradshaw

Veteran – University of Texas

The Douglas L. Foshee
Future Texas Legend Veteran Award

Steve Jimenez

Veteran – Rice University

Nau Future Texas Legend
Marine Corps Veteran Award

Robert E Strong, Jr.

Veteran – Bunker Labs

The Greg Armstrong
Future Texas Legend Veteran Award

Travis P. Washington

Veteran – University of Texas

Future Texas Legend Veteran Award

Alumni Spotlights

Dyan Gibbens

Vice President and Founder, Trumbull Unmanned, Houston

“The organization has connected me with leaders and innovators that I otherwise might not have met. That has helped increase my confidence in our potential. No path is easy but getting those tools and techniques is invaluable. The support and access has also been extremely helpful. Having the opportunity to ask innovators and Legends about areas where they’ve grown, failed, or succeeded is tremendous as a growing company.”

Michael Kmetz

Founder & Partner Dark Horse Investments Group, Founder Integro Bancorp, Inc., Dallas

“Being selected for the Future Texas Business Legend Scholar Award in 2016 gave me confidence to try. I’m so thankful I had that nudge as a twenty-one-year-old kid. All the funds from the TBHF scholarship went directly towards founding Dark Horse and helped sustain us through the 2020 crash. Between that scholarship and saving aggressively for a couple years, we were able to self-fund without taking on outside commitments. Every person I’ve interacted with in the TBHF network has been phenomenal. I have learned so much listening to the legends and alumni. It really feels more like a family than anything. I am so excited to stay involved in TBHF going forward.”

Stephanie Stare

AT&T Director Data Platform

“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.”

2021 Award Recipient Demographics

In 2021, we awarded 36 scholar and veteran entrepreneurs from across the state.

Gender

66.6% male

33.3% female

Identify As

44.4% Caucasian

27.8% African American

16.7% Hispanic or Latin American

11.1% Asian

First-generation students

30.6% first generation

69.4% non first generation

Veteran Status

20% veterans

80% non veterans

Founders

80.6% founded one or more companies

19.4% have not yet founded a company

Degree

80.6% Graduate

19.4% Undergraduate

2021 Annual Scholar & Veteran Award Luncheon

On October 28th, 2021, 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 36 recipients, as well as a Q&A discussion featuring the 2021 Legends and master of ceremonies, Kendra Scott. This luncheon was made possible through the generous support of Frost Bank.

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.

You can watch the full 2021 Legend Q&A here.

2021 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

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

2021 Programming

Despite the challenges our organization, state, and nation faced this past year due to COVID-19, 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 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.

  • Moving Your Business Forward in 2021 featuring Mary Bass, Christine Hollinden, and Jason McCann
  • TBHF Titan Talk – An Economic Outlook for Texas sponsored by SWBC featuring Richard Fisher
  • TBHF Titan Talk – Retail Innovation & Managing Through Crises featuring Craig Boyan of H-E-B sponsored by SpawGlass
  • Maximizing your Strengths as a Leader and Organization featuring Graham Weston
  • TBHF Titan Talk – Energy: The Future sponsored by API
  • Building a Successful Co-Founder Partnership featuring Charlie Amato and Gary Dudley of SWBC
  • In Conversation with Carlos Alvarez: The Power of Perspective
  • In Conversation with Morton H. Meyerson: Redefining Leadership
  • In Conversation with Corbin Robertson Jr.: Energy Future & Staying Ahead of Trends
  • In Conversation with Philip Krim: Building, Sustaining, & Growing Casper in a Crowded Market
  • Life and Death Experiences of Entrepreneurs with Michael Gorton

2021 Funding

Allocation of Funding

In 2021, TBHF continued to expand our allocation of funding into new areas outside of the collegiate space. We sponsored start up pitch competitions at Rice University, University of Texas at Dallas, and University of Texas at San Antonio. We also awarded a $1,000 cash prize to a promising high school entrepreneur. And we continued to fund veteran entrepreneurs through our Future Legends Scholar & Veteran Award Program, which we added to our program in 2019. This allows us to build upon our mission of recognizing and championing entrepreneurs – at all stages of their career.

80% State-Wide Awards

10% Veteran Awards

7.5% Pitch Competitions

2.5% High School Awards

Sources of Funding

We have also diversified our traditional sources of funding. While the majority of our funding comes from soft funding, we have received multi-year commitments that guarantee we are able to recognize entrepreneurs and business leaders of excellence at our partner universities for years to come.

53% Soft Funding

46% Receivables/Multi-Year Commitment Funding

4% Endowed Funding