$33.6 Million to OSU-Tulsa
$33.6 Million to OSU-Tulsa
Oklahoma State University-Tulsa President Gary Trennepohl says that recent donations to endow faculty positions, when fully matched by the State, will have a total impact of more than $33.6 million at OSU-Tulsa.
Once the chairs are filled, earnings from the gifts can potentially provide up to $1.4 million a year to support the hiring and retention of exceptional faculty for OSU-Tulsa, Trennepohl said during the Aug. 7 OSU-Tulsa Board of Trustees meeting. “Our generous donors provide vital funds that help support OSU-Tulsa as we continue to grow and meet the needs of the Tulsa community,” Trennepohl said. “The extraordinary support from Tulsa community leaders, philanthropists and OSU graduates is deeply appreciated.” OSU-Tulsa now has 12 endowed chairs and additional professorships that provide annual funds for the chair holder’s activities. Once fully matched by the State, the proceeds from the endowments will be used to enhance faculty members’ resources for their teaching, research and service responsibilities, as well as provide funds for equipment needed to conduct pioneering research.
Trennepohl says a large amount of the recent gifts to OSU-Tulsa were spurred by the historic $100 million gift to OSU from T. Boone Pickens on May 12. Pickens’ donation was used to match other donor gifts to faculty chairs and professorships in the area of the donor’s choice. As a result, the donors’ original gifts will quadruple once matched by the State. “Boone’s remarkable gift created a momentum that benefited OSU-Stillwater, as well as OSU-Tulsa,” Trennepohl says. “It motivated Tulsans to give because their donations would make a positive impact on both OSU’s Tulsa campus and the Tulsa community.”
Two additional items presented at the Trustees board meeting included discussion of the process to develop a new service agreement between OSU-Tulsa and Langston University-Tulsa and a new wellness initiative.
Trennepohl told the Trustees that LU-Tulsa will be moving a significant amount of its operations and offices into a new facility located at Greenwood Ave. and King Street later this year. Because of the move, OSU-Tulsa officials will be working to revamp the service agreement between the two universities.
A new wellness plan was also announced that aims to create a culture of wellness and health at OSU-Tulsa, while providing a long-term solution to rising healthcare costs. “Cowboy WellRewards” is an incentive-based program that provides tools for OSU-Tulsa faculty and staff to improve their health. The program includes courses in health risk assessment, heart health, physical activity, stress management and many more. The new wellness initiative follows OSU-Tulsa’s successful transition to a Tobacco-Free campus.
As of July 1, all tobacco use, including smokeless tobacco, was prohibited anywhere at OSU-Tulsa. OSU-Tulsa is located in downtown at 700 N. Greenwood Ave., For more information, call (918) 594-8000.