October 15, 2020 the building opened. The Walker Innovation Center is funded through a Major Gifts Campaign led by Stephen E. Walker, a longtime TMI Board of Governors member, parent of TMI alumni, and TMI grandparent and Mr. Walker and his wife, Debra. Student life There are currently around 400 students. Students come mostly from South Texas and Mexico, as well as other areas of the United States, including Michigan and Tennessee, and from foreign countries, including Afghanistan, Australia, China, Colombia, Hong Kong, Nigeria, Russia, South Korea, Thailand and Vietnam. Honor code TMI had an informal honor system from the beginning, with the current formal system originating in 1908. All students sign their name to the school's honor code at the start of each term, and from then on write the word "pledge" on all their tests and papers, signifying their pledge to uphold their promise. The honor code reads, "Because I believe integrity is essential, I promise not to lie, cheat, or steal." Students suspected of being in violation of the honor code are sent before the Honor Council, an elected body of students that holds confidential hearings and, where appropriate, assigns disciplinary measures, including community service. It can also require that the student write a letter of apology. Repeat offenders may be referred to the headmaster. Traditions Like most prep schools, TMI has developed a not insubstantial canon of traditions and idiosyncrasies. These include: Chapel Talks: Every final year student must give a speech on a moral or spiritual topic before the entire student body, faculty and administrative staff during a daily chapel service. These talks are diverse and may be based upon personal experience or reading, but must promote positive ethical values. Although conducted within the context of a chapel service, such talks need not be, and usually are not, on explicitly religious subjects. Final year students prepare their speeches under the guidance of the English faculty and are graded by a faculty panel. A passing grade is required to graduate, although in practice, all students who stick to a previously approved message are given passing grades. Members of the faculty also occasionally give their own chapel talks. The Burleson Prize, named after the school's first headmaster, is given every year for the best student chapel talk. Daunt Lectures: Named for the Reverend Canon Nelson Daunt, a former headmaster, the annual Daunt Lectures in Church and Society