IUP Trustees Recognize Longtime Supporters of Eberly College of Business

Posted on 5/9/2019 11:10:56 AM

Indiana University of Pennsylvania’s Council of Trustees today approved the naming of the IUP Eberly College of Business and Information Technology financial trading room in recognition of the generosity and service of a local family.

The financial trading room in the Eberly College will become the Mackey Family Charitable Trust Financial Trading Room.

In approving the naming resolution, trustees recognized the ongoing support of the Mackey family, and Ed and Cecelia Mackey’s volunteer service to the university. Ed Mackey was a member of the Foundation for IUP Board of Directors from 1982 to 1987 and served as president from 1983 to 1985; Cecelia Mackey was a member of the FIUP board of directors from 2004 to 2010.

Members of the Mackey family with the resolution approved by the Council of Trustees to name the Mackey Family Charitable Trust Financial Trading Room

Members of the Mackey family with the resolution approved by the Council of Trustees to name the Mackey Family Charitable Trust Financial Trading Room. From left: Loren Mackey Alico, Edward Mackey Jr., Lisa Mackey Thomas, Edward Mackey, Cecelia Mackey, IUP President Michael Driscoll, Council of Trustees member Jim Miller

“Both Ed and Cece Mackey have demonstrated an incredible commitment to this university and to initiatives that directly impact student success,” IUP President Michael Driscoll said. “The Mackey Family continues to inspire us with its generosity and deep regard for this university and for the Indiana community.”

The Mackey children are trustees of the Mackey Family Trust. They are: Lisa Mackey Thomas, a 1988 graduate of IUP; Loren Mackey Alico, a 1992 bachelor’s degree and 1993 master’s degree graduate; and Edward Mackey Jr., a graduate of Carnegie Mellon University.

Trustees also recognized the Mackey’s support of the IUP Business Athletic Scholarship Program, the establishment of the Mackey Family Endowed Scholarship at IUP, and their contributions toward the Kovalchick Convention and Athletic Complex, where the Mackey Lobby is named in their honor. 

In 2003 Ed Mackey Sr. was the general chairman for the first capital campaign for the Newman Center (now St. Thomas More University Parish). The Mackeys also supported the renovation of Breezedale Alumni Center on campus, and the second-floor Alumni and Friends Office is named in honor of Cecelia Mackey’s father, Thomas Stevens.

The Mackey Family Charitable Trust Financial Trading Room is a technology-filled lab, where Eberly College of Business and Information Technology students and faculty can access up-to-the-minute news and financial information. The space also allows faculty and students access to a Bloomberg Terminal, an industry-grade comprehensive data-monitoring and analytical tool used to study real-time movements in global markets. Terminal users can create and manage stock portfolios, observe markets, and see exchange rates, among other functions, for markets all over the world.