Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Pickens gives $100 million to OSU

|
|
 
  
Published: May 21, 2008 at 9:20 PM

STILLWATER, Okla., May 21 (UPI) -- Billionaire energy magnate and philanthropist T. Boone Pickens gave his alma mater Oklahoma State University $100 million Wednesday.

The university said the money will "dramatically transform" OSU academic advancements by providing money to endow major faculty chairs and professorships.

Pickens' gift is the largest single academic donation ever made to a university or college in Oklahoma. The gift will be eligible for a dollar-for-dollar match through the State of Oklahoma's endowed chair program.

"This most recent gift from Boone is indescribable in terms of what it means in our committed pursuit to advance and elevate OSU's academics to a new level of excellence in the world," said OSU President Burns Hargis.

"Without question, Boone's gift will enable us to retain and attract extraordinary faculty members better ensuring OSU students will be inspired by exceptional and accomplished professors and researchers," he added. "It launches us on our way to achieve big dreams."

Pickens, the founder and chairman of BP Capital Management, previously has donated about $300 million to the school.

Topics: T. Boone Pickens
© 2008 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
  
Join the conversation
Most Popular Collections
The Tibetan Moniam Festival in China Super Bowl XLVI ticker tape victory parade The making of the Oscars
The Chicago Auto Show The Most Desirable Women of 2012 Tu Bishvat Migron settlement
Additional Top News Stories
1 of 25
Meryl Streep and Colin Firth attend the "BAFTA" ceremony in London
View Caption
fark
Not many companies can claim that their net domain address clearly explains what it is that the...
"Any self-important, self-propagating elitist, I will happily bare my buttocks to"
You don't have to be too smart to coach high school sports. Just smart enough to not post nude photos...
There's vandalizing your school, and then there's doing a million dollars damage to your school
Police say Taylor Burnham, 18, was only wearing cowboy boots as she led police on a Sunday morning...
If you're working as a dog groomer and accidentally chop off a dog's ear, don't try to glue it back,...