The University of Missouri announced Thursday that it received the largest endowment gift in the school’s history, which is also the second largest single financial gift the university has ever received.
A $30.1 million endowment gift from the Donald W. Reynolds Foundation will establish permanent funding for the Donald W. Reynolds Journalism Institute on campus, the university reports.
The Donald W. Reynolds Journalism Institute opened in 2007, thanks to the same foundation’s $31 million gift, and is part of Mizzou’s Journalism School. The institute is designed to foster collaboration, develop innovations and explore the best practices and uses for journalism. Each year the institute picks a class of fellows to research and develop these innovations.
To date, the Donald W. Reynolds Foundation has gifted the university with $89 million, the university reports.