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Sunday, February 28, 2021

University of Texas gets $60 million gift

AUSTIN, Texas (AP) — The Houston-based Mulva Foundation is making a $60 million pledge to the business and engineering schools at the University of Texas.

The gift announced Friday will help build a new $310 million engineering research and education center, and renovate the graduate school and administration buildings in the business school.

Jim Mulva earned undergraduate and graduate degrees at Texas in 1968 and 1969. He served in the U.S. Navy and was stationed in Bahrain with Bill Powers, who is now the university president. His business career included serving as chairman and chief executive of ConocoPhillips.

Jim and Miriam Mulva began their philanthropy with Texas in 1986 with a $100 donation to the McCombs Schools of Business in 1986. They later donated $15 million to build the school’s liberal arts building.

 

Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

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