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Missouri Journalism Center Receives $30M Gift

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PHOTO: MANAN VATSYAYANA/AFP/Getty Images)

PHOTO: MANAN VATSYAYANA/AFP/Getty Images)

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COLUMBIA, Mo. (AP) — A University of Missouri journalism think tank has received one of the largest gifts in school history to continue research into the digital future of news.

School leaders announced a $30.1 million endowment donation Thursday morning to the Reynolds Journalism Institute. That is the second largest donation ever made to the university. The biggest gift was a $31 million contribution from the Donald W. Reynolds Foundation in 2004 to create the digital research center.

The new donation establishes a permanent endowment fund to cover the institute’s ongoing operating expenses.

Donald Reynolds was a University of Missouri School of Journalism graduate who founded the Donrey Media Group. The company’s properties included the Las Vegas Review-Journal.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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