<p>Another $100 Million from T Boone. From the COHE</p>
<p>"T. Boone Pickens Donates $100-Million to Oklahoma State U.
As oil prices rise to historic heights, the billionaire oilman T. Boone Pickens is sharing some of the wealth with Oklahoma State University, his alma mater.</p>
<p>Today, a day after Mr. Pickens, the founder and chairman of BP Capital Management, made news for predicting on CNBC that the price of crude oil would break the $150-a-barrel mark this year (it closed at a record $129 a barrel on Tuesday), Oklahoma State announced that Mr. Pickens was donating $100-million for endowed chairs and professorships at the institution."</p>
<p>It is wonderful to hear that he is donating money for academics this time. He has already donated vast amounts of money (@$300 million) in the past but they have mostly been for the athletic departments. The football stadium is called the Boone Pickens Stadium for a reason.</p>
<p>He also has donated millions to other philanthropic causes over many years including medical research and conservation.</p>
<p>The UTexas endowment reaps huge dollars from oil on UT owned lands as well.</p>
<p>He needs to donate some funds to the scholarship fund.</p>
<p>He only needs to do as he sees fit with his money. His donations may free up other funds that can be used for such items.</p>