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$60 Million Donation Benefits Engineering and Business Schools

$60 Million Donation Benefits Engineering and Business Schools

The University announced a $60 million, multi-year donation from the Mulva Family Foundation on Friday, a major gift that will benefit the McCombs School of Business and the Cockrell School of Engineering. The gift also makes a sizable dent in UT’s Campaign for Texas giving program, now set to reach more than $2.7 billion of its ambitious $3 billion goal.

The Houston-based foundation is named for Miriam and Jim Mulva. Jim, BBA ’68, MBA ’69, Life Member, was part of UT’s ROTC program before joining the Navy, where he served alongside future UT-Austin president Bill Powers in Bahrain. Mulva later went on to successful career in the energy industry, including time as chairman and CEO of ConocoPhillips.

“I’ve known Miriam and Jim for more than 45 years. They have always been able to recognize what needs to get done—and then make it happen,” Powers said.

Specifically, the gift will get things done in support of UT’s new Engineering Education and Research Center (EERC), scheduled to be completed in 2017, and will help with renovations to the Graduate School of Business and College of Business Administration buildings, which will collectively be renamed James J. and Miriam B. Mulva Hall.

Photo courtesy Kumar Appaiah via Flickr Creative Commons.

 

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