The American College Center for Ethics in Financial Services has created the Cary M. Maguire Fellowship in Applied Ethics.

The fellowship is an academic research position dedicated to investigating the concept and utility of "meaningful disclosure" and will focus on research into the means of producing honest and transparent valuations of companies' worth in financial statements.

The fellowship is made possible through a donation by Cary M. Maguire, chairman and president of the Maguire Oil Company and Maguire Energy Company. He is also chairman of the Components Corporation of America and Staco Systems. Maguire has served on the National Petroleum Council and the executive committee of the Mid-Continental Oil and Gas Association. He endowed the Cary M. Maguire Center for Ethics and Public Responsibility at Southern Methodist University. He is also a member of the Madison Council of the Library of Congress, where he funded the Maguire Chair in Ethics and American History.