ConocoPhillips donates $1 million for OSU school

STILLWATER, Okla. (AP) – ConocoPhillips has donated $1 million for a new home for Oklahoma State University’s Spears School of Business.

The new building will serve as the eastern anchor of the university’s main quad and significantly increase space for the business school’s 5,000 students and faculty members.

School officials want the new building to become a magnet for attracting the region’s best minds to engage in dialogue about business, entrepreneurship, economics, law and policy issues.

In recognition of the gift, OSU will name the building’s social and collaborative area the ConocoPhillips Student Lounge. The lounge will be a gathering place for undergraduate and graduate students.

The contribution is in addition to ConocoPhillips’ ongoing annual support for scholarships, programs, faculty and facilities across the OSU system.