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Donated land brings revenue, research to college

LAWRENCE, Kan. (AP) — The University of Kansas is benefiting from donated land by using it to raise funding and offer research opportunities.

The school’s endowment, which is the nonprofit fundraising arm of the university, owns about 45,000 acres of land in Kansas and other states, including Oklahoma, Colorado and Wyoming.

Its spokeswoman tells the Lawrence Journal-World that much of the endowment’s land is farmed. The income from it goes toward the university as specified by the donors’ intentions. She says that over the past five years, farm and mineral holdings have averaged $3 million in income per year.

Donated land also includes the University of Kansas Field Station, which is used for research by the Kansas Biological Survey.

 

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