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November 20, 2009

OCU receives $1M from late wife of local jeweler

OKLAHOMA CITY (AP) — Oklahoma City University says it will create an endowed chair that will be funded with a $1 million bequest from the late wife of a local jeweler.



The bequest by Jeroldine Zachritz Clark will fund the B.C. Clark Jr. Endowed Chair in OCU's Meinders School of Business. The Clark family owns B.C. Clark Jewelers, which is thought to be the oldest retail store in the state under the same name and ownership.



B.C. Clark Jr. is now 96 years old. He attended OCU and has maintained close ties with the private university.



OCU President Tom McDaniel says the Clark family has shown a tremendous commitment to the university and that Jeroldine Clark's gift will benefit generations of students to come.



The $1 million gift brings OCU's current $50 million fundraising campaign to $47.2 million.

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