Office of External Communications

Houston, TX 77204-5017 Fax: 713.743.8199

February 2, 2007

Contact: Angie Joe
713.743.8153 (office)
713.617.7138 (pager)

EDITOR’S NOTE: A photo from the HTMA check presentation is available at


HOUSTON, Feb. 2, 2007 – Hoping to attract more finance majors to careers in cash management, the Houston Treasury Management Association (HTMA) has increased its scholarship endowment made to the Bauer College of Business at the University of Houston. As a result, the association hopes that more students will have an added incentive to give treasury jobs consideration.

HTMA recently presented a $25,000 check to add to their existing scholarship endowment of $22,000 at Bauer College. Bob Casey, associate dean of external relations for Bauer, accepted the endowment check from Brook Ballard, President of HTMA and cash manager for Stage Stores, during HTMA’s monthly meeting in January at the University Hilton Hotel.

“We could not think of a better institution of higher learning to grow and nurture this endowment than the Bauer College and its impressive students and student associations,” said Ballard. “Our scholarship endowment gives us a greater connection to the College and we look forward to building on a great relationship to broaden our outreach, mentor young professionals, and encourage these students to consider careers in treasury and cash management.”

HTMA’s increase was welcome news to Bauer.

“We were already grateful for HTMA’s current endowment, but then we were even more gratified by their surprise boost that culminated a wonderful meeting,” said Casey. “HTMA’s members represent an impressive array of companies that care deeply about supporting education and nurturing a terrific profession. This scholarship is a testament of the organization’s commitment of advancing our mission of providing support to students who will one day join and serve the cash management and treasury profession. Plus, the interaction possibilities between HTMA and our finance students are extraordinary. This is a great example of how professional organizations come together to bring us much needed support.”

In July of 1987, HTMA started its endowment with $10,000. The endowment’s market value is now approximately $22,000. HTMA doubled the endowment with its recent $25,000 donation.

Monies from the scholarship endowment will provide for additional scholarships each year to the Bauer College, and HTMA wants to award more scholarships at $1,000 each. Scholarship recipients are selected by the Bauer College Scholarship Committee. Students can apply at

About the University of Houston
The University of Houston, Texas’ premier metropolitan research and teaching institution, is home to more than 40 research centers and institutes and sponsors more than 300 partnerships with corporate, civic and governmental entities. UH, the most diverse research university in the country, stands at the forefront of education, research and service with more than 35,000 students.

About the Bauer College of Business
The C.T. Bauer College of Business has been in operation for more than 60 years at the University of Houston main campus. Through its five academic departments, the college offers a full-range of undergraduate, masters and doctoral degrees in business. The Bauer College is fully accredited by the AACSB International – the Association to Advance Collegiate Schools of Business. In August 2000, Houston business leader and philanthropist Charles T. (Ted) Bauer endowed the College of Business with a $40 million gift. In recognition of his generosity, the college was renamed the C.T. Bauer College of Business.

About the Houston Treasury Management Association
The Houston Treasury Management Association is a non-profit organization dedicated to promoting the treasury management profession in the Houston area. Its mission is to provide a forum for the exchange of ideas, to improve contemporary treasury management techniques, and to educate its members. The association’s membership is comprised of about 200 treasury professionals from many industries such as energy, health care, utilities, retail, manufacturing, and government. For more information on HTMA, go to

For more information about UH visit the university’s ‘Newsroom’ at