On Tuesday, the Walton Family Charitable Support Foundation announced it was awarding the University of Arkansas $194.7 million to establish the Institute for Intergrative and Innovative Research with the goal of increasing collaborative scientific research and encouraging commercialization and entrepreneurship. The gift also set aside funds for a building, 20 new faculty and the founding of a Bentonville campus.

https://www.kuaf.com/post/u-gets-1947-million-grant-fund-research-institute-bentonville-campus

U of A Gets $194.7 Million Grant to Fund Research Institute, Bentonville Campus
On Tuesday, the Walton Family Charitable Support Foundation announced it was awarding the University of Arkansas $194.7 million to establish the Institute for Intergrative and Innovative Research with the goal of increasing collaborative scientific research and encouraging commercialization and entrepreneurship. The gift also set aside funds for a building, 20 new faculty and the founding of a Bentonville campus.