ASU receives more than $8.2 million to hone journalism specializations
September 24, 2012
Arizona University was recently awarded $8.2 million in two grants from the Donald W. Reynolds Foundation to support the school's journalism programs.
The foundation, which was established in 1954 in honor of the organization's namesake, supports institutions and nonprofits working in four primary areas. They include identifying treatments for atherosclerosis and atherosclerotic heart disease, confronting issues in Arkansas, Nevada and Oklahoma, training doctors in geriatrics to improve elderly citizens' quality of life and enhancing journalism training for business writers and those serving smaller communities.
"The Donald W. Reynolds National Center for Business Journalism has benefited thousands of students, working journalists and journalism faculty over the past six years from its home at the Cronkite School," said Reynolds Foundation chairman Fred Smith. "This new funding will assure the long-term continuation and expansion of these programs."
One part of the grant - $6.21 million - is earmarked for the Donald W. Reynolds National Center for Business Journalism, while the additional $2 million is going to be used to secure the Donald W. Reynolds Visiting Professorship in Business Journalism with an endowment.
Institutions that receive major funds may need to ensure funds are distributed across programs as per donors' instructions. To ensure they are properly allocated, recipients can use solutions such as fundraising management