AUSTIN - The University of Texas will receive a $50 million contribution from the Moody Foundation that will rename the entity to the Moody College of Communication.
The endowment, which is the largest given to a public university for the study of communication in the nation, will provide $13 million for graduate student recruitment, $10 million for research and outreach centers and $5 million in department endowments.
About $5 million of the donation — combined with an additional $5 million from the University — will be used for renovations in the Jesse H. Jones Communication Complex.
Renovations include the construction of a skybridge across Dean Keeton St., connecting the fourth floor of the Communication A Building to the second floor of the Belo Center for New Media.
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