University Of Missouri Business College Get $5 Million Gift

COLUMBIA, Mo. (AP) — The University of Missouri has received a $5 million commitment that will be used to help students in need at the school's Trulaske College of Business, university officials announced Thursday.

The commitment includes $3 million from Pinney Allen and her husband, Charles Miller III, and $2 million from the estate of Allen’s brother, W.D Allen, for whom the program is named.

The funds will be used to establish the Allen Access Program, which will provide scholarships and programs to support students in the College of Business.

Pinney Allen graduated from University of Missouri High School in 1972 before studying economics at Harvard University. She and her husband are not Missouri alumni but share a passion for supporting initiatives that benefit students in need, the university said.

W.D. Allen earned a bachelor's degree and a doctorate from the Trulaske College of Business, where he is an adjunct professor and coordinator of the Allen Angel Capital Education Program.