Donald W. Reynolds Foundation Winding Down, Will Close in 2017

by Mark Friedman  on Monday, Jun. 16, 2014 12:00 am  

“Having an organization like Reynolds grant us the capital funds that we needed to build a big new place like this was a real godsend,” Russell said.

The 65,000-SF shelter opened in 2011, replacing a building that was 15,000 SF.

Its number of beds increased from 32 to 48, and the building can expand to hold 72 beds.

The foundation made another high-profile grant award in 1999. It gave $21 million for the expansion of the Donald W. Reynolds Razorback Stadium at the University of Arkansas at Fayetteville.

Jeff Long, vice chancellor and director of athletics, called the award a “signature moment in the history of Razorback athletics” in an email to Arkansas Business last week.

“Without the generosity of the Donald W. Reynolds Foundation and its chairman Fred W. Smith, the Razorback program and the University of Arkansas would not be what it is today,” Long wrote. “We are truly appreciative of their longtime support and are grateful for the transformational influence it has made on our institution and the entire state of Arkansas.”



Please read our comments policy before commenting.