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Thu, Nov 20 2008 

Published: July 12, 2008 11:38 pm    print this story   email this story     

OWC, OWRA give $300,000 to OSU

Oklahoma Wheat Com-mission and Oklahoma Wheat Research Foundation have given $300,000 to Okla-homa State University to bolster funding for the organizations’ currently funded wheat genetics research chair.

Once matched dollar-for-dollar by T. Boone Pickens’ $100 million chair match commitment and Oklahoma State Regents for Higher Education, the gift will provide $1.2 million in endowed funds.

The gift will be used to improve and release competitive new wheat varieties in Oklahoma. Organization officials said since the world has yet to embrace the use of biotech for wheat production as they have for corn, soybeans and cotton, few private dollars are being invested in improved wheat genetics. They said it was important for land-grant institutions to have the necessary tools to improve wheat varieties. This gift will allow OSU to significantly enhance its wheat genetics program.

In order to take full advantage of the state’s dollar-for-dollar match, and make the most significant impact on OSU academics, OWRF and OWC made the gift prior to the July 1 change in the state’s endowed chair matching program. This gift is part of the $66.8 million in endowed faculty gifts OSU announced recently.

Originally established within OSU’s College of Agricul-tural Sciences and Natural Resources in 1989 by Owen Wimberley, Union Equity Cooperative Exchange, and the Oklahoma Wheat Research Foundation, the chair will provide an additional source of dependable funding which is insulated from the appropriations process.

“The Oklahoma Wheat Commission and Oklahoma Wheat Research Foundation are always looking for ways to maximize the return on wheat producer dollars invested in our industry through their check-off program,” said Mark Hodges, OWC, and Joe Neal Hampton, OWRF, in a joint statement.

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