The Texas A&M Foundation has announced a $10 million gift and a $10 million pledge from alumnus Adam C. Sinn (’00) in support of the Department of Finance at the Texas A&M University Mays Business School.

The gift includes $7.5 million for undergraduate and graduate scholarships for students from Sinn’s hometown of Hoopeston, Illinois, and nearby Cissna Park, as well as those from his current residence of Dorado, Puerto Rico. If there is an insufficient number of eligible finance students from those areas, the gift will provide support for students enrolled in Mays’ Trading, Risk, and Investments Program (TRIP). The remaining $2.5 million will be used to support the Finance Department’s efforts to recruit faculty and create and expand programming.

Sinn, who owns Aspire Commodities, also pledged $10 million over the next five years in support of department initiatives. In recognition of the gift, the department will be renamed the Adam C. Sinn ’00 Department of Finance.

“On behalf of Mays Business School, I want to extend a heartfelt ‘thank you’ to Mr. Sinn for his extremely generous support,” said interim dean Duane Ireland. “Through Mr. Sinn’s gift, we will have opportunities to continuously increase the value of our students’ educational experiences. The type of support we are receiving from Mr. Sinn reflects the unique relationship between Mays Business School and Texas A&M University with former students.”

“I want others to not have a financial burden so they can attend the best university on the planet,” said Sinn. “I hope to lay the foundation so that at some point in time, these students can bet on themselves, like I was able to do, when they need to. The person who is financially burdened by rising educational costs may be unable to take that shot.”