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PrintE-mailPickens gives another $100M to Oklahoma State

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Published: 03/01/10 - 6:16pm Written by Dick Pryor

thumbnailCA220KV7STILLWATER, Okla. (AP) - Billionaire oilman T. Boone Pickens says he's giving $100 million to fund a major endowment for scholarships at Oklahome State University, his alma mater. Pickens is announcing his gift at an event Friday to announce the start of a $1 billion campaign to raise money to fund scholarships, faculty positions, research and buildings at the Stillwater school.

OSU president Burns Hargis says that, of the $1 billion to be raised, $500 million would be used to endow scholarships and fellowships for students. Pickens' latest gift brings his donations to OSU to more than $400 million. Hargis said the campaign would be called "Branding Success."