Life insurance policies to fund Oklahoma St. athletics
OKLAHOMA CITY -- Using an idea from billionaire donor Boone Pickens, Oklahoma State will purchase $10 million life insurance policies for 25 of its supporters in a unique fundraising program for the athletic department.
Oklahoma State athletic director Mike Holder said he believes
the "Gift of a Lifetime" program is the largest such use of life
insurance ever by a college athletic department. The university
will pay the insurance premiums for the selected donors, with the
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