Breaking News: BuzzBallz Founder and CEO Merrilee Kick generously gifts $30 million to her alma mater, Texas Woman’s University (TWU) in Denton, Texas. The donation will primarily support the university’s College of Business and other related programs, marking a significant contribution to education and innovation.
Notably, this philanthropic gesture comes on the heels of a previous donation of $15 million by the Doswell Foundation to TWU for the establishment of an aviation program. Kick, a former Plano West Senior High School teacher, pursued higher education at TWU, earning her MBA in 2009. Her master’s thesis ultimately paved the way for the creation of BuzzBallz, a pioneering beverage company that made history as the only woman-owned distillery/winery/brewery combo in the U.S.
Reflecting on her educational journey, Kick expressed gratitude for the role TWU played in shaping her business acumen, stating, “My MBA from TWU enabled me to write a solid business plan for what became BuzzBallz, a billion-dollar company.” As a firm believer in the transformative power of education, she aims to pay it forward by supporting the next generation of entrepreneurs and innovators.
The $30 million endowment will not only enhance the College of Business but also establish an endowed chair and an entrepreneur-in-residence program. Additionally, the funds will accelerate the construction of a new building for the college, bearing Kick’s name as a testament to her philanthropic spirit.
TWU officials have expressed their gratitude for Kick’s generous contribution, emphasizing the positive impact it will have on the university’s growth and development. Chancellor Carine Feyten commended Kick as an exemplar of their pioneering spirit and a successful alumna who has truly made a difference in the business world.
Despite selling her company to Sazerac, a leading spirits conglomerate, Kick continues to serve as the CEO of Buzzballz, demonstrating her ongoing commitment to entrepreneurship and innovation. Her dedication to education and empowerment serves as an inspiration for aspiring female leaders and business enthusiasts worldwide.