EXECUTIVE COMMITTEE
John R. Hurd, Chairman
Chief Executive Officer, Hurd Family Enterprises
Lewis J. Moorman III, Vice-Chairman
Investor
James B. Smith Jr., Secretary
Partner, Cox Smith Matthews Incorporated
Edward H. Austin Jr.
Principal, Austin Family Investments
Ronald K. Calgaard, Ph.D.
Chairman, Ray Ellison Grandchildren Trust
Charles E. Foster
Retired Group President, SBC and Former Chairman, Prodigy Internet Company
Claudia Huntington
Senior Vice-President, Capital Research and Management Company
President, AMCAP Fund

TRUSTEES
Richard N. Azar II
General Partner, Sezar Energy L.P.
Barbara B. Dreeben
President, Postal Addvantage
Robert M. Cavender
President, Cavender Auto Group
Phyllis Slick Cowell
Philanthropist
Walter Embrey
President, Embrey Partners, Ltd.
John W. Feik
President and Chief Operating Officer, DFB Pharmaceuticals
William E. Greehey
Chairman, NuStar Energy L.P.
Hugh Halff Jr.
Investor
Emory A. Hamilton
Partner, Groves Alexander
George C. Hixon, Past Board Chairman
Investor/Rancher
Abigail G. Kampmann
Executive Vice President, The Performance Companies
Richard Kardys
Group Executive Vice President, Financial Management Group, Frost
Betty Stieren Kelso
Investor/Rancher
John C. Kerr
President, SFBR
Carolyn H. Labatt
Owner/President, Computer Solutions
Milton B. Lee
General Manager/CEO, CPS Energy
Mark Pitman Mays
President and Chief Operating Officer, Clear Channel Communications, Inc.
Joe C. McKinney
Vice Chairman, Broadway National Bank
John E. Newman Jr.
Principal, Newman Brothers
Andrew J. Novak
President, South Pacific Winds
Marsha M. Shields
President, McCombs Foundation
Charles Urschel Slick
Partner, Slick Enterprises, Atlanta, Ga.
Edward E. Whitacre Jr.
Chairman & CEO, AT&T Inc.
Mark H. Wright
President (Retired) & CEO, USAA Federal Savings Bank
James P. Zachry
President, Tower Life Insurance Co.

TRUSTEES EMERITUS
Sam Barshop
Chairman, Barshop and Oles Co.
Walter F. Brown
President, Delray Oil, Inc.
Leroy G. Denman Jr.
Attorney
H. Rugeley Ferguson Sr.
Investor/Rancher
Tom C. Frost Jr.
Senior Chairman, Frost National Bank
James W. Gorman Jr.
Investor/Rancher
B.D. Holt
Chairman, Holt Companies
B.J. McCombs
Chairman, McCombs Enterprises
J. Burleson Smith
Partner, Cox Smith and Matthews Incorporated
Louis Stumberg Sr.
Investor/Rancher

SPECIAL HONORARY TRUSTEES
J. Dan Bates
President, Southwest Research Institute
Francisco Cigarroa, M.D.
President, The University of Texas Health Science Center at San Antonio
Ricardo Romo, Ph.D.
President, The University of Texas at San Antonio

HONORARY TRUSTEE
John P. Howe III, M.D.
President/CEO, Project Hope

EX OFFICIO TRUSTEES
James D. Ellis
President, The Argyle
Liesl Noble
President, The Founder's Council
Allison Zeller
President, Southwest Foundation Forum

SFBR STAFF OFFICERS
John C. Kerr, President
John L. VandeBerg, Chief Scientific Officer
Jeannie Frazier, Chief Financial Officer