ASU-Newport Celebrates Million Dollar Day

APRIL 28, 2004 - Posted at 4:47 p.m. CDT

NEWPORT, AR - Arkansas State University officials are calling it a million dollar day for their Newport campus.

ASU-Newport was the recipient of $1.2 million in gifts this afternoon.  The Walton Family Foundation, in a desire to acknowledge the contributions of Lindley and former Senator Kaneaster Hodges, Jr. to Jackson County and the rest of Arkansas, has provided $250,000 to the Newport campus for the construction of the Center for the Arts, and an additional $250,000 for the establishment of the Lindley and Kaneaster Hodges, Jr. Auditorium Endowment.  In addition, Senator Hodges announced a $500,000 challenge gift for library and classroom expansion to Samuel Moore Walton Hall and a $200,000 scholarship gift challenge.

Dr. Larry Williams, Chancellor of the Newport campus, said of the gifts, "It will not only perpetuate an endowment which will lead to programming in this facility forever, but it will also provide financial resources for the expansion of our library, classrooms and our learning center."

Senator Hodges is a Newport native who has long been recognized for his leadership in higher education.  Meanwhile, the Walton Family's ties to Newport date back approximately fifty years, when the late Sam Walton opened his first dime store there.