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Archive for Friday, September 17, 1999

KOCH INSTITUTE SIDEBAR

September 17, 1999

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Terms of the $250,000 Koch Foundation grant were spelled out to Kansas University Chancellor Robert Hemenway at a Wichita meeting and then in a Nov. 20, 1997, letter to him from Koch Foundation Director Robert Fink.

"The Fred and Mary Koch grant is a restricted grant which will provide seed money to establish an educational program at the Dole Institute;

"The program will seek to educate both current and future state and local officials -- including state legislators and their staff; mayors, as well as other city and county officials; managers of government agencies and educational institutions;

"Programs will focus on markets and how to apply market principles to solve management and policy problems in the public sector;

"Professors Henry Butler and Barry Baysinger, as well as a Koch foundation representative, will serve on the program committee which will design the program, approve the program budget, and recommend the expenditure of funds to the Chancellor or his Designee;

"Programs may include seminars, internships, and other approaches;

"Further funding will be based on the success of the program in meeting the educational needs of state and local officials.

"The grant will be paid in the form of stock and will be sent directly to the Kansas University Endowment Association under separate cover, before the end of 1997."

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