Originally, four men were chosen from the junior and senior classes every year on the basis of a significant contribution to The University of Texas.

[2] Twenty-five years later, the Friars decided to start taking larger classes to accommodate the growing size of the university.

[5] In 1982, the Friars decided to create a teaching fellowship in honor of the upcoming centennial celebration for The University of Texas.

Friar alumni raised $100,000 for this purpose, and this amount was matched by the Board of Regents to create an endowment.

[6] In 2006, the Friar Society also created the Tany Norwood Award to honor one staff member or administrator a year.