Establishing a Lifetime Legacy
Appreciating the value of higher education, Tim, MBA ’99 and Elizabeth Turner have established a $1.4 million planned gift to create a lifetime legacy benefiting future Alvarez business students.
“Education has always been important in our lives,” said Tim. “We wanted to create an opportunity for others to realize their goals and ambitions. People need help accomplishing their goals. Since we don’t have children, we’re happy to be able to help students, and in essence, the San Antonio community.”
Creating a living trust to accomplish that goal, the Turners both recommend individuals start first seeking professional, legal help to guide the process.
“Because of my landman background, I’ve dealt with estates that were left disorderly,” said Tim, who worked the majority of his career in the oil and gas industry. “I’m a real advocate of leaving things orderly when our time comes, and we leave this world.”
“Part of this comes with our age,” adds Elizabeth, who shares that they both are turning 75 this year. “What can I do to improve the world? In this case, by helping students at UTSA. It is something people should think about sooner than later.”
Attending UT San Antonio in his 40s, Tim was positively influenced by the experience. “I loved all of my professors,” said Tim, who felt his MBA and finance degree helped legitimize his business background.
“UTSA has always played a big part in our lives,” said Elizabeth, who earned her degree from UT-Austin in Spanish and French. “We were amazed at how many opportunities the students have. We were impressed with what UTSA has become and where it is going.”
Embarking on the next chapter of their lives, the Turners have moved into their dream home in Kerrville, and they look forward to simple pleasures like sitting on their back porch viewing wildlife or appreciating the diversity of cultures through travel.
“UTSA has the capacity to be a bridge institution between cultures,” said Tim. “The university has built a strong reputation in the community, and we are happy to support that vision.”
