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Updated: 1:00 PM Feb 23, 2010
Kendrick Gives WVU Fund Another $125,000
West Virginia University alumnus Ken Kendrick is giving the school's College of Business and Economics another $125,000.
Posted: 1:00 PM Feb 23, 2010Reporter: The Associated Press Email Address: anna.baxter@wsaz.com |
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MORGANTOWN, W.Va. (AP) -- West Virginia University alumnus Ken Kendrick is giving the school's College of Business and Economics another $125,000.
The gift announced Tuesday supports an initiative he began in 2005 with a $500,000 gift, the Ken and Randy Kendrick Fund for Free-Market Research.
The fund helps faculty and students research how lower taxes, less regulation, personal responsibility and private property rights can encourage entrepreneurship.
It helped produce an award-winning book by Russell Sobel, "Unleashing Capitalism," and a second book called "The Rule of Law."
Kendrick is managing general partner of the Arizona Diamondbacks. He earned a business administration degree from WVU in 1965.
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