The University of Arkansas at Monticello recently awarded $17,766 from its Centennial Opportunity Fund to help finance projects in the School of Forest Resources, the Taylor Library and Technology Center, and the Schools of Education and Mathematical and Natural Sciences.
The Centennial Circle was created in 2009 with a goal of 100 donations of $10,000 each, creating a $1 million unrestricted endowment to fund special projects at the university. UAM currently has 90 donors who have made gifts or pledges totaling $900,000, according to Linda Yeiser, vice chancellor for advancement and university relations. Each donor’s name is listed on the Centennial Clock Tower located at the center of the campus. Earnings from the endowment form the Centennial Opportunity Fund. The recent allocation of funds is thefirst made from the endowment.
The projects being funded include paying expenses for the UAM student chapter of the Wildlife Society to attend the 2014 Southeastern Wildlife Conclave in Pendleton, S.C., trip expenses for students to attend the 2013 Society of American Foresters National Convention and Quiz Bowl in Charleston, S.C., the purchase of a microform scanner for the Taylor Library and Technology Center, equipment and software upgrades for the special education program in the School of Education, and trip expenses for biology students for a field trip to the Gerace Research Centre in San Salvador, The Bahamas.
Projects to be funded by the Centennial Opportunity Fund are determined by a committee of students, faculty and staff, which receives and considers proposals before allocating funds. No funds from the endowment will be used for salaries or to fund normal, recurring university expenses.