UNT gets $1.5 million for new endowment fund

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The University of North Texas has received $1.5 million for a new endowment fund from the estate of Alonzo Jamison to support the UNT President’s Loyalty Fund.

The gift creates the Alonzo and Elizabeth Jamison Endowment Fund, which will provide an estimated $60,000 a year to fund scholarships, strengthen academic programs, enrich co-curricular experiences and support research.

“The way that this gift was directed, it will really have a large impact on the university because we often receive a gift that will be directed for one program ... but the needs of the university evolve over time, and this gift allows the president to respond to that evolving nature,” said Michael Monticino, UNT vice president for advancement.

Monticino said this was a gift planned before Jamison died in 2011 at the age of 93, though the final amount was larger than the university anticipated.

“This is a high-impact gift,” he said. “We are all very touched that he thought of us.”

Jamison graduated from the university in 1939 and went on to represent Denton County in the state House of Representatives for seven consecutive terms. He later taught at Texas Woman’s University and briefly at UNT.

The gift comes during a comprehensive fundraising campaign, called the Campaign for UNT. The focus of the campaign is to raise money for the university as a whole instead of individual programs, Monticino said.

“This is the first comprehensive campaign that the university has ever had ... it’s a change for the university from the focus of raising in individual programs,” he said. “Everything is doing better than expected — that sounds like we had low expectations, but that’s not true. It’s changing the culture of giving.”

JENNA DUNCAN can be reached at 940-566-6889 and via Twitter at @JennaFDuncan.

 


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