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 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)