University of Oregon Receives Gifts to Endow Faculty Chairs

University of Oregon Receives Gifts to Endow Faculty Chairs

The University of Oregon has announced a pair of multimillion-dollar gifts to endow professorships in journalism and economics.

The gift from Terri and Jon Anderson will endow a professorship in the School of Journalism and Communication, while the gift from Nancy and Dave Petrone will establish a chair in economics in the College of Arts and Sciences. Both gifts will be matched by discretionary funds at the disposal of university president Michael H. Schill.

Jon Anderson is the former president of Random Lengths, a price-reporting agency for the wood products industry, and, as a younger man, was a world-class athlete, competing in the 1972 Olympics and winning the 1973 Boston Marathon. In addition to establishing the Anderson Family Graduate Fellowship Fund in the School of Journalism and Communication, the Andersons have supported the university's track and field program, UO Libraries, and a renovation of Hayward Field.

UO alumnus Dave Petrone is the former vice chair of Wells Fargo and was co-founder of a joint venture with U.S. Bancorp. He and his wife previously provided support for scholarships, research, the Black Cultural Center on campus, and a variety of other initiatives, including the master's program in sports product management, Women in Flight, the Warsaw Sports Marketing Center, and an environmental chamber for the human physiology department.

"Our students are incredibly fortunate to have champions like Jon, Terri, Dave, and Nancy," said Schill. "They pour time, energy, and their own resources into strengthening this university because they believe in the promise of higher education, and they know that life-changing magic happens when a great professor sparks the mind of a student."

(Photo credit: University of Oregon, "Visitor 7")

"Twin Matching Gifts Create New Chairs, Boost Faculty Excellence." University of Oregon Press Release 12/21/2018.