MU endowment reaches $1 billion

4 months 1 week 3 days 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
COLUMBIA - On Monday, more than 100 volunteers began the week-long effort to deliver more than 5,700 meals to raise... More >>
45 minutes ago Tuesday, April 24 2018 Apr 24, 2018 Tuesday, April 24, 2018 7:04:00 AM CDT April 24, 2018 in News
COLUMBIA – The Columbia City Council met Monday night in a work session to discuss ways to improve Columbia's water... More >>
11 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 8:00:00 PM CDT April 23, 2018 in Top Stories
COLUMBIA – Hundreds gathered at the first ever Japanese Spring Festival on MU’s campus Monday afternoon. Student Momoko Tamamura came... More >>
12 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 7:21:00 PM CDT April 23, 2018 in Top Stories
JEFFERSON CITY – One local woman is reflecting on her decision to vote for President Donald Trump after some have... More >>
12 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 7:00:00 PM CDT April 23, 2018 in Top Stories
ST. LOUIS (AP) — The law firm representing the ex-husband of the woman who had an affair with Missouri... More >>
14 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 5:45:00 PM CDT April 23, 2018 in Continuous News
JEFFERSON CITY (AP) — A Democratic Missouri state lawmaker says he won't step down despite facing backlash for repeatedly calling... More >>
14 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 5:21:20 PM CDT April 23, 2018 in Continuous News
COLUMBIA - MU staff members spent Monday afternoon discussing how the university could become Columbia's "employer of choice" again with... More >>
14 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 5:05:00 PM CDT April 23, 2018 in News
COLUMBIA - Residents moving into the Lynn Street Cottages in Columbia not only obtain four new walls, they also receive... More >>
15 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 4:14:00 PM CDT April 23, 2018 in News
COLUMBIA - Students at Rock Bridge High School will be attending prom this weekend, and for the first time ever,... More >>
15 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 4:13:00 PM CDT April 23, 2018 in Continuous News
JOPLIN - An EF-5 tornado struck the city of Joplin on May 22, 2011. The next day Jeff Neal, a... More >>
16 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 3:29:00 PM CDT April 23, 2018 in News
JEFFERSON CITY – Tax reform in Missouri is one step closer to becoming a reality. The Missouri House Ways... More >>
16 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 2:56:00 PM CDT April 23, 2018 in News
JOPLIN - More businesses, new schools and new homes- one drive through Joplin reveals a clear transformation from devastation to... More >>
17 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 2:20:00 PM CDT April 23, 2018 in News
JEFFERSON CITY – Lawmakers in Missouri added a $3 million dollar line to the Attorney General’s budget for sexual assault... More >>
17 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 2:11:00 PM CDT April 23, 2018 in News
NASHVILLE, Tenn. (AP) — The Latest on shooting at Tennessee restaurant that left four dead (all times local):... More >>
18 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 1:22:00 PM CDT April 23, 2018 in News
COLUMBIA - When it comes to losing weight, many of us start with looking at our diet. Are we eating... More >>
19 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 12:21:00 PM CDT April 23, 2018 in Weekly Wellness
ST. LOUIS (AP) — Attorneys for Missouri Gov. Eric Greitens say they will seek to disqualify prosecutors in the... More >>
20 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 11:37:40 AM CDT April 23, 2018 in News
JEFFERSON CITY - Only one week old, Molly was outside in the snow and sleet. She was found in a... More >>
20 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 11:14:00 AM CDT April 23, 2018 in News
SEDALIA (AP) — A former volunteer at a small Missouri museum has been charged with stealing thousands of dollars' worth... More >>
20 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 11:04:00 AM CDT April 23, 2018 in News
Columbia, MO
Broken Clouds 50°
8am 53°
9am 55°
10am 58°
11am 64°