The Missouri School of Journalism has been awarded $31 million by the Reynolds Foundation to build a state-of-the-art journalism institute. The gift is the largest private donation ever given to MU.
The money will create the Donald W. Reynolds Journalism Institute, a center dedicated to the advancement of journalism and its role in democratic societies.
Distributions of the gift will include $16.7 million to build a new building and renovate two existing builidings and $1.8 million to fund new technology; $12.4 will be distributed over six years for staff and programs of the institute.
The Reynolds Foundation is a national philanthropic organization founded by Donald W. Reynolds, a 1927 graduate of the Journalism School. Reynolds, who began the Donrey Media Group, one of the largest private communications companies in the United States, died in 1993.
MU's Reynolds Alumni Center was built in part using Reynolds Foundation money.