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HomeNewsBusinessAlkek Foundation provides $1 million for commercial building renovations

Alkek Foundation provides $1 million for commercial building renovations

The Greehey School of Business at St. Mary’s University has received a $1 million gift over five years from the Albert and Margaret Alkek Foundation to rebuild the Albert B. Alkek Building.

“The St. Mary’s University campus has long been aware of the Alkek Foundation’s generosity. The Foundation’s assistance has helped each academic department and student we work with in some way, and we are really appreciative, stated President Thomas M. Mengler, J.D.

The couple, their business, and their foundation have contributed close to $8.7 million to St. Mary’s University throughout the years. While a student at St. Mary’s, Albert B. Alkek served on the board of trustees.

“The Alkek Foundation’s collaboration has played a key role in helping us continue creating effective and moral leaders,” says the school. “We are constantly working to improve the educational experience and learning possibilities for St. Mary’s students.”

According to Ortiz-Walters, who is also a professor of management, “as we go forward, we hope to reach an even greater level of renown for the Greehey School of Business and professional preparedness for our students.” “The Alkek Building, which houses the Greehey School of Business, is crucial to our capacity to succeed.

The Alkeks gave a significant gift in the 1970s to establish the company facility that bears their name. To give students the greatest possible learning environment, Greehey School of Business Dean Rowena Ortiz-Walters, Ph.D., has made renovations to the building a top priority.

The improvements include updating the student-centered atrium, renovating learning spaces, and procuring cutting-edge technology.

Alkek Foundation president Charles A. Williams (M.B.A. ’86) commented, “The Alkek Foundation is happy to carry on the Alkeks’ investment in St. Mary’s University.” We feel that by granting this grant for the business building redevelopment, the St. Mary’s faculty will soon have a cutting-edge facility with the most cutting-edge resources available to train our future leaders with the skills to flourish in this constantly changing world.

News Summary:

  • Alkek Foundation provides $1 million for commercial building renovations
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