legelegel
06-29-2008, 05:46 AM
I had no idea he had that kind of wealth.
Holder gives $1 million to Oklahoma State
Posted: June 28, 2008 10:21 PM CDT
Associated Press
STILLWATER, Okla. -- Oklahoma State athletic director Mike Holder said Saturday he and his wife Robbie have given $1 million to the university for academics.
The Holders' gift will go toward endowed chairs for the university's Spears School of Business and will be used to help create an entrepreneurship department within the school.
Mike Holder said he decided to make the gift after Malone and Amy Mitchell gave $57.2 million to the university on Thursday, to be evenly split between academics and athletics. Of that, $22 million was earmarked for endowed chairs for the business school.
"I thought, how do you say thank you to someone who gave that much support and showed that much faith in what you're trying to accomplish?" Holder said. "And I thought perhaps Robbie and I should show support for what he's trying to accomplish, and of course we support the academic side as well."
Holder has a master's degree from Oklahoma State's business school.
"With the emphasis we've had recently in trying to catch up in athletics, I think there has been a perception that maybe we're preferring one (athletics) over the other (academics)," Oklahoma State President Burns Hargis said.
"The fact is Mike Holder has an MBA and distinguished academic career here at OSU and he wanted to show that he wanted to make the academic side of the university great as well," Hargis said.
Under a matching program that will be put on hold on Monday, the state matches gifts for endowed chairs at Oklahoma colleges and universities dollar-for-dollar.
The Holders' gift first will be matched by funds from a $100 million gift given to Oklahoma State last month by billionaire oilman T. Boone Pickens.
That means the Holders' gift will provide a $4 million benefit to the university.
"The good news is this won't be our last gift," Holder
http://www.news9.com/Global/story.asp?S=8574370&nav=menu681_5_4
Holder gives $1 million to Oklahoma State
Posted: June 28, 2008 10:21 PM CDT
Associated Press
STILLWATER, Okla. -- Oklahoma State athletic director Mike Holder said Saturday he and his wife Robbie have given $1 million to the university for academics.
The Holders' gift will go toward endowed chairs for the university's Spears School of Business and will be used to help create an entrepreneurship department within the school.
Mike Holder said he decided to make the gift after Malone and Amy Mitchell gave $57.2 million to the university on Thursday, to be evenly split between academics and athletics. Of that, $22 million was earmarked for endowed chairs for the business school.
"I thought, how do you say thank you to someone who gave that much support and showed that much faith in what you're trying to accomplish?" Holder said. "And I thought perhaps Robbie and I should show support for what he's trying to accomplish, and of course we support the academic side as well."
Holder has a master's degree from Oklahoma State's business school.
"With the emphasis we've had recently in trying to catch up in athletics, I think there has been a perception that maybe we're preferring one (athletics) over the other (academics)," Oklahoma State President Burns Hargis said.
"The fact is Mike Holder has an MBA and distinguished academic career here at OSU and he wanted to show that he wanted to make the academic side of the university great as well," Hargis said.
Under a matching program that will be put on hold on Monday, the state matches gifts for endowed chairs at Oklahoma colleges and universities dollar-for-dollar.
The Holders' gift first will be matched by funds from a $100 million gift given to Oklahoma State last month by billionaire oilman T. Boone Pickens.
That means the Holders' gift will provide a $4 million benefit to the university.
"The good news is this won't be our last gift," Holder
http://www.news9.com/Global/story.asp?S=8574370&nav=menu681_5_4