Centennial Circle Continues To Pay Dividends

Courtesy of
Media Services

MONTICELLO — Funds generated by the Centennial Circle Endowment are continuing to pay dividends for thetv Sports reflection 10db University of Arkansas at Monticello.

   The endowment provided $16,800 for six university projects for the 2014 spring semester, according to Linda Yeiser, vice chancellor for advancement and university relations. “We’ve been able to provide financial assistance for a number of important projects,” said Yeiser. “We couldn’t have done them without this special funding.”

   The recipients of the funds were chosen by a committee comprised of faculty, staff and students. Selected to receive funding from the endowment earnings were Jazz Band I, to defray costs of a spring concert tour of China; the Botanical Research Center and Herbarium Project; the UAM website to help provide redesign, content strategy and content management; the School of Business to finance student attendance at the Institute of Management Accountants annual conference in Minneapolis, Minn.; the UAM Writing Center’s resource library to pay for books; and funds to help 10 students attend the Model Arab League in Houston, Tex.

   The Centennial Circle Endowment was established as part of the university’s centennial celebration with a goal of raising $1 million. The principal is invested in perpetuity and the annual earnings used for campus projects. No funds generated by the endowment will be used to augment salaries or for normal, recurring university expenses.

   Each member of the Centennial Circle has pledged $10,000 and their names are etched in the base of the Centennial Clock Tower at the center of campus. Currently, the Centennial Circle Endowment has 92 donors with eight spots still available.

   “We are restricting the number to 100,” said Yeiser. “Once the spots are filled, that opportunity will be gone.”

   For more information about the Centennial Circle Endowment, contact the Office of Advancement at (870) 460-1028.

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