Reynolds Foundation gives $2M to establish Mizzou business chair

St. Louis Business Journal

The Donald W. Reynolds Foundation will award a $2 million grant to the Missouri School of Journalism to establish the Donald W. Reynolds Endowed Chair in Business Journalism.

The new chair will allow for the expansion of business journalism courses at the undergraduate, master’s and doctoral levels. It will also provide for the development of course offerings for working professionals through Missouri’s online master’s programs.

The grant provides $2 million in endowment to fund the chair in perpetuity and $206,500 to enable the school to fund the chair beginning with the 2009-2010 academic year.

The new Reynolds Chair will work closely with the Donald W. Reynolds Journalism Institute, a newly opened center for researching and testing new models of journalism that was funded by $32 million from the Reynolds Foundation.

Recruitment for the new chair will be conducted during the 2008-2009 academic year, with the holder beginning responsibilities in fall 2009.

The new chair programs at Mizzou are part of a larger initiative to boost business journalism nationwide.

The Donald W. Reynolds Foundation is a national philanthropic organization founded in 1954 by the late media entrepreneur for whom it is named. Headquartered in Las Vegas, Nev., it is one of the largest private foundations in the nation.

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