Rice alumnus and trustee Scott W. Wise ’71 has been named president of the Cullen Foundation, one of Houston’s most prominent philanthropic foundations.
Since its inception in 1947, the Cullen Foundation has distributed nearly $500 million to support education, cultural arts, health care and public service in the Greater Houston metropolitan area.
Wise, who was elected to the Rice University Board of Trustees last year, was previously the founding president and chief investment officer of Covariance Capital Management, a full-service investment boutique that specializes in customized endowment management services for nonprofit organizations, including educational and health care institutions and foundations. He was also the founding president of Rice Management Company and served as Rice’s chief investment officer for 21 years. He received a Bachelor of Arts degree in economics from Rice, where he was co-captain of the Rice baseball team and a four-year letterman.