Sponsorships: Individual Donations You got 10 bucks? If each L.A. Texas Ex donated only $10 each year, we would easily meet our goal to establish a Scholarship Endowment! A $7,500 is required to establish an endowment. Once it reaches that funding level, we are able to use all interest earnings to award local area students attending UT Austin scholarship money to fund their education. This allows the chapter to grow its scholarship program and give scholarships in perpetuity.