THE ANGELO STATE UNIVERSITY ROBERT G. CARR AND NONA K. CARR SCHOLARSHIP FOUNDATION WAS ESTABLISHED UNDER THE WILLS OF ROBERT G. CARR AND NONA K. CARR. THE WILLS PROVIDE THAT ALL PROCEEDS FROM OIL, GAS AND OTHER MINERAL PROPERTIES BE HELD AND INVESTED BY THE TRUSTEES AND THAT THE NET INVESTMENT INCOME REALIZED FROM SUCH INVESTMENTS (EXCLUDING REALIZED GAINS AND LOSSES ON SALES OF INVESTMENT SECURIT…