From left are Dr. Kevin Stocks, KPMG Professor of Accounting at Brigham Young University; Rebecca Lohmann, Southeast instructor of accounting; Thomas K. McCain, Southeast alumnus who has provided a $250,000 endowment for the Mu Xi Chapter of Beta Alpha Psi at Southeast; and Kenneth W. Dobbins, president of Southeast Missouri State University.
CAPE GIRARDEAU, Mo., Oct. 24, 2014 – Kenneth W. Dobbins, president of Southeast Missouri State University, announced today that alumnus Thomas K. McCain has established a $250,000 endowment for the Mu Xi Chapter of Beta Alpha Psi (BAP), thus providing long-term funding for the Southeast College of Business student organization. After consultation with the international organization of Beta Alpha Psi, the local chapter was renamed the Thomas K. McCain Mu Xi Chapter of Beta Alpha Psi, the first time in the history of the international organization that a chapter has been named for an individual.
Dobbins says Southeast is profoundly grateful for this substantial gift that will provide funding for additional professional education and experiential learning opportunities that are critical to the development, training and success of Southeast business students who belong to BAP.
“Mr. McCain’s gift will have a lasting impact and his legacy will be one of providing extraordinary educational access and opportunity for many, many College of Business students now and in the future,” Dobbins said. “For College of Business majors, organizational activities such as participation in business case competitions, regional and national leadership conferences and competitions, guest speakers, and visits to regional and national businesses and firms greatly enhance the student experience. All of these activities, of course, take funding, and Mr. MCain understands how much student organizations can play a role in student development. On behalf of all of Southeast’s current and future students, I would like to express our deepest appreciation for this generous endowment that will change countless lives in this region for many years to come.”
McCain is a 1970 graduate of Southeast Missouri State University with a Bachelor of Science degree in Business Administration and a major in accounting. While a student at Southeast, he was a member of Alpha Kappa Psi, a business service fraternity. He earned a master of business administration degree from John M. Olin School of Business at Washington University.
He has spent his career working with various companies in the areas of finance, accounting, treasury and tax, including Dry Ice, Inc., Specialty Catalogue, Paul Harris Stores, Inc., and Edison Brothers Stores, Inc. He is currently the chief financial officer, vice president, secretary and treasurer of SmartPak Equine, the premier online provider of horse supplies and equine supplements. Founded in 1999 and based in Plymouth, Massachusetts, SmartPak finds ways to better administer animal supplements.
He previously served on the Southeast Missouri University Foundation Board of Directors as chair of the Finance and Audit Committee.