Ex-ConocoPhillips CEO Gives UT-Austin $60 Million

On Friday, the University of Texas at Austin will announce a $60 million gift from the Mulva Family Foundation to support the university's McCombs School of Business and Cockrell School of Engineering.

It's the latest and largest in a spate of major gifts from private philanthropists. In 2013, the Moody Foundation gave $50 million gift for the creation the Moody College of Communication. The Michael & Susan Dell Foundation provided $50 million for the Dell Medical School at the University of Texas at Austin, as well as $10 million to support local health care access.

According to a university ...

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