NEWS RELEASE

Contact: Leah Jackson (jacksonl@nsula.edu)
News Bureau
Northwestern State University
Natchitoches, LA 71497
(318) 357-6466

4/24/2007

FOR IMMEDIATE RELEASE

NATCHITOCHES -Northwestern State University has received the second of three donations of $20,000 from the Poindexter Foundation of Shreveport. The donation will be used to create an endowed professorship in the College of Business.

"Northwestern's outstanding business program has been recognized nationally. The College of Business is key in meeting the needs of the business community in this area and around the state," said Roy James of Shreveport, a trustee of the Poindexter Foundation. "The trustees of the foundation feel this gift will further strengthen Northwestern's program and will in turn aid in the continued growth of this area."

"Endowments are of great value to the College of Business. State budgets vary according to the economy, and also due to events such as hurricanes Katrina and Rita. Endowment funds smooth out the bumps from variations in state appropriations," said Dr. Joel Worley, acting dean of the College of Business.

A previous donation established the Poindexter Foundation Endowed Professorship in Accounting.

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