MU endowment reaches $1 billion

1 month 4 days 2 hours ago Wednesday, December 13 2017 Dec 13, 2017 Wednesday, December 13, 2017 12:08:00 PM CST December 13, 2017 in News
By: Alexis Reese, KOMU 8 Reporter
loading

COLUMBIA – The University of Missouri hit a major fundraising milestone, announcing Wednesday it reached the $1 billion mark.

The endowment has grown by more than $400 million since the start of the Missouri: Our Time to Lead campaign.

The university is the seventh SEC university to reach this mark.

Chancellor Alexander Cartwright said this mark helps the university show they are doing all they can for those invested in it.

“It demonstrates that people really care about this institution and understand that we’re doing the right things for our faculty and for our students and for the community,” Cartwright said.

Members of the community and key donors spoke about the importance of the endowment.

Mark Wilkins, the managing director for The Wilkins Group, said the endowment and the university helped him achieve all of his goals.

“The university, not just the endowment, but the university in general, helped me to dream bigger than I’d ever dreamed up,” Wilkins said.

Wilkins said the endowment is important to all the university supports.

“The endowment supports the university and again, it supports the students, it supports the faculty, it supports the entire mission and it’s critical,” he said. “And now I’m thrilled to be able to small things- I’m not going to solve world peace- but I’m thrilled to small things, my part at least, to give back.”

One way Wilkins is giving back is by opening up a scholarship fund in the place of Georgeanne Porter, who was the director of admissions at the university when Wilkins was a student.

“She was more than a staff member at the university. She became like a family member, truly like a surrogate mother or a older sister to me.”

Porter died recently and Wilkins, along with other members of the community, wanted to uphold her legacy.

“I wanted to do something, along with other people in Columbia, to honor her,” Wilkins said. “Honor her service to the university and really just honor her impact on the world one human being at a time.”

MU is the 37th of more than 1,600 public higher education institutions to reach this $1 billion mark.

More News

Grid
List
HOLTS SUMMIT - A city administrator says he doesn't want Holts Summit to be a "trashy" town. Rick Hess... More >>
5 hours ago Tuesday, January 16 2018 Jan 16, 2018 Tuesday, January 16, 2018 7:43:00 PM CST January 16, 2018 in News
OSAGE BEACH - Mid-Missouri hospitals are facing shortages of IV bags as doctors scramble against a particularly difficult flu season.... More >>
7 hours ago Tuesday, January 16 2018 Jan 16, 2018 Tuesday, January 16, 2018 6:22:00 PM CST January 16, 2018 in News
COLUMBIA – People from the city of Columbia gathered at Tuesday night’s City Council meeting to discuss a community-oriented policing... More >>
7 hours ago Tuesday, January 16 2018 Jan 16, 2018 Tuesday, January 16, 2018 6:09:00 PM CST January 16, 2018 in News
COLUMBIA - Some homeless shelters in Columbia are at capacity and have waiting lists as temperatures plunge to near zero... More >>
8 hours ago Tuesday, January 16 2018 Jan 16, 2018 Tuesday, January 16, 2018 5:22:00 PM CST January 16, 2018 in News
JEFFERSON CITY - Missouri State Auditor Nicole Galloway announced her office has begun an audit of the village of Centertown.... More >>
9 hours ago Tuesday, January 16 2018 Jan 16, 2018 Tuesday, January 16, 2018 3:47:00 PM CST January 16, 2018 in News
JEFFERSON CITY - Several Republican lawmakers are calling for Gov. Eric Greitens, resignation after having an affair with an unnamed... More >>
10 hours ago Tuesday, January 16 2018 Jan 16, 2018 Tuesday, January 16, 2018 2:54:00 PM CST January 16, 2018 in News
JEFFERSON CITY - Officials and the community are on high alert after two attempted child abductions, a little over a... More >>
10 hours ago Tuesday, January 16 2018 Jan 16, 2018 Tuesday, January 16, 2018 2:52:00 PM CST January 16, 2018 in Top Stories
COLUMBIA - The city of Columbia cancelled residential garbage collections Tuesday due to extreme cold temperatures, but that doesn't mean... More >>
11 hours ago Tuesday, January 16 2018 Jan 16, 2018 Tuesday, January 16, 2018 2:07:00 PM CST January 16, 2018 in News
PULASKI COUNTY - Firefighters are investigating a fire that left one person dead Monday night. Virginia Saemp, a neighbor,... More >>
14 hours ago Tuesday, January 16 2018 Jan 16, 2018 Tuesday, January 16, 2018 11:09:00 AM CST January 16, 2018 in News
LINCOLN — A man has been arrested in a deadly shooting at a west-central Missouri mobile home park. ... More >>
18 hours ago Tuesday, January 16 2018 Jan 16, 2018 Tuesday, January 16, 2018 7:18:00 AM CST January 16, 2018 in News
FULTON - A circuit judge sentenced a Holts Summit man to 23 years in prison after his 17-year-old girl foster... More >>
1 day ago Monday, January 15 2018 Jan 15, 2018 Monday, January 15, 2018 11:00:00 PM CST January 15, 2018 in News
PULASKI COUNTY - The Pulaski County Sheriff's Department identified the victims of last Thursday's quadruple shooting that killed two and... More >>
1 day ago Monday, January 15 2018 Jan 15, 2018 Monday, January 15, 2018 10:26:00 PM CST January 15, 2018 in News
COLUMBIA - Nineteen restaurants in downtown Columbia created special lunch and dinner menus for customers to order from for the... More >>
1 day ago Monday, January 15 2018 Jan 15, 2018 Monday, January 15, 2018 8:59:00 PM CST January 15, 2018 in News
JEFFERSON CITY (AP) — Missouri Gov. Eric Greitens is delaying a planned tour to talk about his tax change... More >>
1 day ago Monday, January 15 2018 Jan 15, 2018 Monday, January 15, 2018 7:53:00 PM CST January 15, 2018 in News
COLUMBIA – Columbia Public Schools are closed Tuesday and one local business is hoping they will be able to capitalize... More >>
1 day ago Monday, January 15 2018 Jan 15, 2018 Monday, January 15, 2018 7:44:00 PM CST January 15, 2018 in News
JEFFERSON CITY - People of all backgrounds filled the seats in the bottom of SSM Health St. Mary's Hospital to... More >>
1 day ago Monday, January 15 2018 Jan 15, 2018 Monday, January 15, 2018 4:46:00 PM CST January 15, 2018 in News
COLUMBIA - Columbia's NAACP chapter hosted their annual 24th Martin Luther King, Jr. Day memorial program. The theme for... More >>
1 day ago Monday, January 15 2018 Jan 15, 2018 Monday, January 15, 2018 4:08:00 PM CST January 15, 2018 in News
COLUMBIA - Columbia Police say a man robbed the Best Buy on Worley Street and then held a customer and... More >>
1 day ago Monday, January 15 2018 Jan 15, 2018 Monday, January 15, 2018 1:10:16 PM CST January 15, 2018 in News
Columbia, MO
Broken Clouds
2am
3am
4am
5am

Select a station to view its upcoming schedule:

Coming Up Next

1:07a
Inside Edition
1:37a
Paid Program
2:07a
Today with Kathie Lee & Hoda
1:00a
Paid Program
1:30a
Page Six TV
2:00a
Paid Program

Tonight's Schedule

7:00p
The Blacklist
8:00p
Law & Order: Special Victims Unit
9:00p
Chicago P.D.
7:00p
Riverdale
8:00p
Dynasty
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld