|

For immediate release:
March 29, 2007
OU Honors $4
Million in New Commitments
From Two Oklahoma City
Foundations
OKLAHOMA CITY – To benefit the University of Oklahoma’s journalism
program on the Norman campus and cancer care programs at the OU Health
Sciences Center, major new commitments from Ethics and Excellence in
Journalism Foundation and Inasmuch Foundation were announced today by OU
President David L. Boren at the March meeting of the OU Board of Regents.
Boren announced a
$2 million gift from Ethics and Excellence in Journalism Foundation to
Phase II of Gaylord Hall, home to the Gaylord College of Journalism and
Mass Communication, and a $2 million gift from Inasmuch Foundation for
patient care and family support programs being developed through the OU
Cancer Institute. Both Oklahoma
City foundations were established by the late
Edith Kinney Gaylord.
"These two
generous gifts will truly help change the quality of life for thousands
of Oklahomans, now and in the future," Boren said. "Whether its
future journalists following in the footsteps of the late Edith Kinney
Gaylord or cancer patients and their families who will benefit from new
OU Cancer Institute programs, these new gifts will make a meaningful and
lasting impact in our state."
Boren noted that
the $2 million gift from Ethics and Excellence in Journalism Foundation
to Gaylord Hall brings the total amount committed by the two foundations
to $11 million. The first $2 million grant was for the Edith Kinney
Gaylord Library and Resource
Center, a
centerpiece of Phase I. The additional $9 million grant provides over
half the funding necessary to complete construction of a
44,000-square-foot expansion. The expansion project also has received
support of $2 million from the E.L. and Thelma Gaylord Foundation,
continuing its original $22 million commitment to Gaylord College.
The gifts to Phase
II enable an expansion project that includes a two-story,
1,716-square-foot sound stage which students may use as a broadcast
studio, for single camera video work, or still photography sessions, a
180-seat theatre-style classroom, an innovative public relations and
advertising suite, an open computer laboratory, and a small student
commons area.
The $2 million gift
from Inasmuch Foundation to the OU Cancer Institute will fund:
A comprehensive Family Services Program.
A $1 million endowed chair, which is eligible for $1 million in
matching funds from the State Regents for Higher Education endowment
program, to focus in the area of Cancer Screening, Outreach and
Education.
Start-up funding for a Cancer Outreach Program, which will
provide screening and education patient services, primarily in the areas
of breast and cervical cancers.
Boren noted that these most
recent commitments bring total gifts and pledges to OU from Inasmuch
Foundation and Ethics and Excellence in
Journalism Foundation to $16 million – $10 million from Inasmuch
Foundation and $6 million from EEJF.
"Through the
vision of President Boren and the support of the OU Board of Regents, OU
is experiencing a renaissance like no other in its 117-year
history," said William J. Ross, Chairman of Inasmuch Foundation and
Ethics and Excellence in Journalism Foundation. "We are pleased to
support the University through these two unique projects knowing full
well the ripple effect each project will have on this State for
generations."
"Edith
Kinney Gaylord, founder of the two foundations, was a major supporter of
OU during her lifetime," said Robert J. Ross, President and CEO of
Inasmuch Foundation and Ethics and Excellence in Journalism Foundation.
"I know Edith would be pleased that her foundations continue her
life-long commitment to OU and the citizens of Oklahoma."
To
learn more about the Inasmuch Foundation, visit www.inasmuchfoundation.org
or call 405-604-5292.
< back to press
releases
|