The Greehey Family Foundation Makes $1 Million Gift to TLU
September 1, 2011
The Greehey Family Foundation recently made a $1 million gift to Texas Lutheran University (TLU) to support first-generation college students. The generous donation will be allocated to scholarships and programming to assist first-generation students in their quest for a college education. “As the first in my family to graduate from college, I am personally committed to supporting other first-in-family students. This donation will not only help these first-generation students attend college, but will also fund programs to help them thrive in their college experience, so they can graduate and eventually assist other first-generation students,” said Bill Greehey, Chairman of the Board of NuStar Energy.
“All of us at TLU—students, faculty and staff—are grateful for the generous support of The Greehey Family Foundation. This gift will go a long way in providing the financial and program support needed to recruit and retain first-generation students,” said Dr. Stuart Dorsey, TLU president. “The Greehey gift goes to the heart of our mission, and will help us provide a life-transforming educational opportunity to students regardless of family circumstances. We also are proud to be included among the many important programs the Foundation has deemed worthy of supporting.”
Despite having good academic performance in high school, first-generation students may enter college with limited knowledge about what to expect from the experience coupled with financial challenges and a feeling they don’t belong on campus. These factors can prevent first-generation students from fully engaging in a university setting and may contribute to early departure before the completion of a degree. TLU’s Office of Admissions and the Office of Student Life and Learning have made recruiting and retaining first-generation students a priority by focusing on providing the financial and academic support services needed to ensure a successful transition. Currently, approximately 30% of TLU’s students are first generation.
About The Greehey Family Foundation
Nearing the end of his 32-year career as CEO of Valero Energy, North America’s largest petroleum refining and marketing company, Bill Greehey's goal was to broaden his ability to identify and meet the growing needs of the community. So in April 2003, he established The Greehey Family Foundation, which focuses on supporting health and human welfare issues, children's causes, education, and transformational services for the homeless. In its brief history, his foundation has provided over $100 million in funding for hundreds of causes, including a $25 million grant to the University of Texas Health Science Center to fund children's cancer research and treatment.
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