T. Boone Picken’s gift to OSU

most significant impact.”

Oklahoma State University

President Kayse Shrum announced on Tuesday that OSU will receive a $120 million gift from the T. Boone Pickens Foundation. The gift will fund projects like new structures arriving on campus and matters such as continuing to support students’ education.

“We are incredibly thankful to the T. Boone Pickens Foundation for this extraordinary gift,” Dr. Shrum said. “Boone was a true leader and visionary whose investments, involvements and advocacy for energy independence drove America’s oil and gas industry for nearly seven decades. But it was his generosity that had the

Dr. Shrum said even today Pickens continues to make an impact for good through the generosity of his foundation, almost four years after his death. The tragic loss of Pickens struck the Stillwater and OSU community on Sept. 11, 2019. Pickens was an energy executive, an OSU alumnus and philanthropist whose giving to the university is an estimated $650 million.

“Boone Pickens’ love for Oklahoma State University knew no bounds,” said Jay Rosser, T. Boone Pickens Foundation director. “His unwavering commitment to seeing the university thrive academically and athletically was inspiring. We are proud to carry on his legacy with this $120 million gift to his alma mater. We hope this contribution will inspire others to continue supporting Oklahoma State’s endeavors, just as Boone did throughout his life and beyond. We are honored to be able to continue his legacy and support the university he loved so deeply.”

The T. Boone Pickens Foundation was established in 2006. The organization has made many significant contributions to OSU and continues to do so with the recent $120 million gift. The gift will be split into multiple portions, which will help OSU accomplish several visions for the university. Two of these include a $63.7 million gift to support scholarships and a $25 million gift to support the OSU Human Performance Innovation Complex.

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