Mike Hernandez III
A respected Dallas entrepreneur, Micheal Albert Hernandez III heads D & M Leasing as chief executive officer. He also has a strong connection with the Brownsville community, where he was born and raised. Through the PAC OP 10.33, Mike Hernandez III focuses on a Gulf Coast region that suffers from high unemployment, despite a location strategically near the Mexico border.
With OP 10.33, Mike Hernandez III aims to increase regional economic activity in ways that help local residents build a better future. In December 2016, he was selected by the Brownsville Avenger as “Person of the Year.” This recognition reflected his high-profile mission to turn around “the city that always sleeps.” In particular, he brought to the table not only an action blueprint, but also funds to turn his plans into reality in areas such as politics and education.
In making the selection, the Avenger opined that Mr. Hernandez appears to be focused on effecting long-term community change and predicted that 2017 will emerge as “an even bigger and better year” for OP 10.33. The organization aims to raise $10 million in community investment within the next several years.
Now in semi-retirement, Micheal Albert Hernandez III has overseen operations at D&M Leasing in Dallas, Texas, since he purchased a stake in the company in 1990. Beyond his work, Mike Hernandez III is involved in local philanthropy, with a focus on his home city of Brownsville.
In 2013, the Houston Chronicle reported that Brownsville was the poorest city in the United States. According to data from the U.S. Census Bureau, 36 percent of the city’s residents lived below the national poverty line, which is more than double the 17 percent average for the State of Texas. Further, the data discovered that over a third of residents had not earned their high school diplomas, whereas almost a quarter only have that diploma and no other educational certification.
In response to this news, Mike Hernandez III formed OP10.33 with the aim of opening up educational opportunities and transforming the Cameron Country area into a more prosperous region. The organization funds projects throughout the area that further this aim, with the goal of achieving a full transformation by 2033.
Texas A&M Foundation
Dallas-based D&M Leasing CEO Micheal “Mike” Albert Hernandez III is actively involved in several philanthropic pursuits in Texas. Mike Hernandez III recently donated more than $1 million to the Texas A&M Foundation as part of the Brownsville Scholars Program.
The Texas A&M Foundation is dedicated to raising funds in support of Texas A&M University. The foundation works in collaboration with alumni, partnering corporations, and a wide range of supporters to fund scholarships, enhance student programming, and update buildings and infrastructure.
When making contributions to Texas A&M, donors may decide how their gifts are to be used. By selecting “student impact,” donors help fund scholarships, fellowships, and other assistance programs that directly touch the lives of current and future students.
Donors who choose to establish endowed scholarships can help even more students. The A&M Foundation invests these funds to maximize growth, allowing a gift to help generations of students in perpetuity.