EYEWITNESS LOCAL NEWSBUCKS FOR BRAINS
from Eyewitness News Online
Marshall University Uses Up $15 Million Bucks For Brains Allocation
Reported by: Associated Press
Web Producer: Jeff Morris
Reported: Jan. 9, 2013 5:22 PM EST
Huntington , Cabell County , West Virginia
Marshall University has used up its $15 million allocation from the state for available matching research funds.
The Bucks for Brains program was established by then-Gov. Joe Manchin in 2008 to promote world-class research at the state's leading universities.
The Legislature set aside $35 million to support research at West Virginia University and $15 million at Marshall. The schools had until 2015 to raise matching funds. WVU reached its goal last year.
Marshall said Wednesday its fundraising goal was met through a donation from Allied Realty Co. The $150,000 donation will support the Marshall Institute for Interdisciplinary Research and the university's College of Fine Arts. Since 2008, Allied has donated a total of $450,000 for research at Marshall.
Marshall's Bucks for Brains program has resulted in 16 new research endowments.
Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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