Sunday, November 23, 2008

Reynolds Foundation Gives ASU $5.34 Million for Business Journalism

The Donald W. Reynolds Foundation awarded two grants totaling $5,336,360 to make Arizona State University a global hub of business journalism education by endowing a faculty chair and expanding the work of the Donald W. Reynolds National Center for Business Journalism.

With the grant, the Walter Cronkite School of Journalism and Mass Communication will create the Donald W. Reynolds Endowed Chair in Business Journalism, build a specialization in business and economics journalism and integrate the Reynolds Center's work throughout the Cronkite School curriculum.

The Las Vegas-based Donald W. Reynolds Foundation also announced the creation of two other business journalism chairs -- at the University of Missouri-Columbia and the University of Nevada, Reno. Together with a previously created business journalism chair at Washington and Lee University in Lexington, Va., the senior professors will work with the Reynolds Center to improve media coverage of business and economic news nationally.