Chris Rainbolt's son featured in a nice article here from a Dallas-area school, with some quotes by our Fearless Leader...this may have been posted already, it was PM'ed to me:
New Math- $4.6 Million Equals $18 Million! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ That's the math of the endowment game as played by the Division of Agriculture as money has poured in to meet the $100 million challenge laid down by T. Boone Pickens- with the clock ticking to zero as controlled by the State of Oklahoma- time ran out at midnight June 30 for a full match of those monies for professorships and chairs that are endowed- with the expectation that once these monies are set in place- they will generate interest that will support various areas of the Division of Agriculture from that point forward- forever(or as close to it as we will ever get in this life) A total of 14 endowments will meet the combined Pickens and State of Oklahoma double- double. Those gifts totaled $4.588 million dollars- and when they are matched by the Pickens pot of money and then matched again by the State of Oklahoma- those dollars transform into $18.352 million that will support the Division of Agriculture.
Here is the full list that we have as of this point that has been given- we plan on spotlighting these various gifts in the days ahead with Dean Bob Whitson to help tell a little more of the story behind each of these donations: Oklahoma Wheat Commission/OK Wheat Research Foundation, $300,000 added to existing Chair in Wheat Research 4-H Centennial Professorship, $250,000 First Capitol Bank/Jack & Joyce Stuteville Professorship in Ag Education, $250,000 Advance Foods/S.E. Gilliland Professorship in Microbial Food Safety, $288,550 (more than 2 donors) AJ and Susan Jacques Chair in Ag Economics, $1,000,000 Dillon & Lois Hodges Professorship in Plant and Soil Sciences, $250,000 Thomas Berry Professorship in Water Research and Management, $250,000 Pollard/P&K Professorship in Agribusiness, $250,000 Nutrients for Life Foundation Professorship of Soil and Food Crop Nutrition, $250,000 Equine Sciences Professorship, $250,000 Meibergen Family Professorship in Plant Breeding, $250,000 OK Farm Credit Professorship in Agricultural Economics, $250,000 George Chiga Animal Science Endowed Professorship, $250,000 H. E. Rainbolt Chair in Ag Finance, $500,000 We have heard that there is perhaps one more in the area of Horticulture- we will be checking on that one which would add another $250,000 to the total for the OSU Division of Agriculture.
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