The 82-year-old Bauer is being honored for his financial donations to education. He has donated $40 million to the University of Houston's Bauer College of Business, one to Harvard for a genomic center and Houston's Wharton Elementary School. More than 130 AIM volunteers have given time to Wharton Elementary School. The University of Houston donation, says Bauer, is to facilitate it as a top-tier educational institution.
AIM is part of a network of independent investment managers. Founded in 1976, AIM ranks as the nation's eighth-largest mutual fund consortium. The company has about $170 billion in assets and 9 million shareholders.
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