Menlo Park residents Deedee and Burt McMurtry must have fond memories of their alma mater. The two Houston natives who attended Rice University in the 1950s recently pledged $32 million, Rice President David Leebron said.
This latest gift from the McMurtrys, along with some of their earlier donations, will go toward supporting the school’s residential college system and building a new college. The 10th residential college will be called the Burton and Deedee McMurtry College, Mr. Leebron said.
Mr. McMurtry is a private investor and founding partner of Technology Venture Investors and Institutional Venture Associates.
Ms. McMurtry is an active volunteer and serves on the Directors Advisory Council at the Cantor Art Museum at Stanford University.
