H-E-B's Butt Pledges $50 Million More to Education Efforts
Style Magazine Newswire | 7/14/2017, 11:38 a.m.
Charles Butt, the chairman and CEO of H-E-B and one of Texas’ most prominent philanthropists, made another splash Monday, pledging $50 million to a program that will train public school teachers. The donation comes in the form of a new scholarship program, Raising Texas Teachers, which will be run by the Butt-founded Raise Your Hand Texas Foundation. Ten schools, including the University of Texas at Austin and the University of North Texas at Dallas, will receive funding this year for student scholarships. Eventually, the program will give 500 college students $8,000 per year to help them pursue teaching certifications. Earlier this year, Butt, the billionaire leader of the Texas-based grocery chain, pledged an additional $100 million to the creation of the Holdsworth Center, a nonprofit that works with state school districts to strengthen their leadership programs.