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November 16, 2012

Oilman's $20-Million Gift Boosts Physics at Texas A&M

Houston billionaire George P. Mitchell has pledged $20-million over five years to support the endowment for the Texas A&M University physics and astronomy center he established 10 years ago, the Houston Chronicle writes. The gift makes the 93-year-old oilman, a 1940 Texas A&M graduate, the most generous donor in the school's history, with $95-million in contributions to date.

Mr. Mitchell and his late wife launched the George P. and Cynthia Woods Mitchell Institute for Fundamental Physics and Astronomy with their first gift to the school, $1-million in 2002. Texas A&M officials credited their continued support with vaulting the campus to the forefront in physics and space studies, with Nobel laureates on the faculty and a major role in developing the Giant Magellan Telescope now under construction in Chile.