North Texas Daily

UNT receives over $3 million from alumni

UNT receives over $3 million from alumni

September 17
00:35 2015

Linda Kessler | Copy Editor

@LindaKessler

At his 2015 State of the University address, President Neal Smatresk announced two research investments from which UNT will receive $2.6 million for academic and athletic enhancement and $600,000 to support National Merit Scholars.

Five UNT alumni leaders, Jim and Linda McNatt, Ernie Kuehne, Kristin Farmer, Don Lovelace and Dan Smith, pledged $600,000 to support UNT’s National Merit Scholars for four years.

Smatresk said this donation gives UNT a competitive edge in attracting additional scholars as the university moves closer to tier-one status. He added that the initiative to bring the donations to UNT began when he was appointed president a little more than a year ago.

“The pledges our five alumni have made is a commitment to the future of the university,” Smatresk said. “These gifts will make a difference in the lives of our National Merit Scholars, allowing them to concentrate on their education.”

Jim and Linda McNatt donated $2.6 million to UNT, which will go toward Mean Green Athletics, the Kuehne Speaker Series, Logistics Center, Kristen Farmer and the National Merit Scholars.

Of the funds, $1.25 million will go to Mean Green Athletics to enhance their initiatives and $1.36 million will go toward promoting academic excellence through the establishment of three endowments: The Jim McNatt Endowment for Logistics Research in the College of Business, the Jim McNatt Endowment for the UNT Kuehne Speaker Series in the College of Arts and Sciences, and the Jim McNatt Autism Research Endowment in the College of Education.

The McNatts’ gift will also initiate the Jim McNatt National Merit Scholar Award. The award will present four scholars with $10,000 per year for their academic expenses at UNT.

“We can continue to be a top-notch university if alumni continue to be involved in the university,” McNatt said. “It’s not just about a monetary donation, it’s about investing back into the university that provided so much to us all.”

Featured Image: UNT President Neal Smatresk speaks to a reporter from channel 23 following his State of the University address. Matthew Brown | Staff Photographer

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North Texas Daily

North Texas Daily

The North Texas Daily is the official student newspaper of the University of North Texas, proudly serving UNT and the Denton community since 1916.

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