Bill Zook Supports Retention Initiatives With Major Gift

JONESBORO – Directing his gift to assist with the university’s renewed emphasis on student retention, Bill Zook recently transferred his long-held stock in IBM Corp. to Arkansas State University.

He has designated that proceeds from sale of the stock be used to create an endowment fund the chancellor can utilize to enhance the university’s retention initiatives.

A-State will use up to $20,000 to fund as many as 20 emergency grants to be awarded to students experiencing a momentary hardship, with the remainder of the gift used for an endowment fund that will continue support for the program.     MORE

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