November 6, 1998

Walton Foundation Gives U. of Ozarks $39.5-Million

The endowment of the University of the Ozarks doubled in one day last month, but not because of shrewd investing. A $39.5-million gift from the Walton Family Charitable Support Foundation was what pumped up the value.

Earlier in October, the foundation had given $50-million to the University of Arkansas College of Business Administration.

Rick D. Niece, president of the University of the Ozarks,

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