July 9, 2010
The Proctors generosity has greatly impacted generations of students for 20 years now and continues to enhance the quality of education at the university.
The memory and philanthropy of Foy and Hahl Proctor will be honored at a reception from 4:30-6 p.m. Monday (July 12) in the Petroleum Club of Midland, 501 W. Wall St.
The Proctors’ generosity has provided scholarships and professorships for Texas Tech University and the Texas Tech University Health Sciences Center for more than 20 years.
“We are very grateful to Foy Proctor and his family for their tremendous contribution to Texas Tech University,” said Chancellor Kent Hance. “Their generosity has greatly impacted generations of students for 20 years now and continues to enhance the quality of education at the university through endowments, fellowships and scholarships."
The Proctors established several major ranching operations. The ranch north of Amarillo was bequeathed to Texas Tech upon his death in 1988. The sale of the property and subsequent matching funds established a $12 million trust that has provided funding for eight of Texas Tech’s colleges, the Law School, the Graduate School and students at the Texas Tech Health Sciences Center School of Medicine. The trust has been the source of graduate fellowships, scholarships of various types and professorships.
“The Proctors realized that by including Texas Tech in their estate that they could have an impact on the lives of Texas Tech students for years to come,” said Kelly Overley, vice chancellor of institutional advancement for the Texas Tech University System.
Proctor received the Golden Spur Award from the National Ranching Heritage Center at Texas Tech in 1984. He was a member of the board of governors of the Midland Memorial Hospital and served on the Midland City Council. He was president of the Citizens Savings and Loan Association and was a director of the Midland National Bank and of the First National Bank of Midland.