ConocoPhillips donates $15 million to UAA for science building
Published Thursday, May 1, 2008
ANCHORAGE -- Oil giant ConocoPhillips has pledged $15 million to the University of Alaska Anchorage for a new science building.
The donation is the largest that Conoco has given in Alaska, and the largest corporate donation the university has received. It is three times as large as the Conoco donation made to Providence Alaska Medical Center in January for a cancer center.
The gifts follow from a 1999 agreement with the state that the company must share in the proceeds from oil with charitable organizations.
BP also is required to follow the same rules. The rules require that at least 30 percent of the giving go to the University of Alaska Foundation.
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BP is to be congratulated for their corporate generousity.
Prehaps, the University of Alaska's Board of Regent's #2 prioity of replacement of the biological science building "BIOS" at UAF campus would have been a more fitting place for this generous donation, considering the DENALI ~ ConocoPhillips/BP pipeline would be closer to the Fairbanks campus than the Anchorage campus.
I was thinking the same thing...
Seems like a small price to pay for oil they'll be sending out. Did we forget the name of the company is British Petroleum after the gold discoveries Canada as had seems like we should look at the company a little more closely was it generosity. No one gives something for nothing.....
I say stop all trades with our loving and caring neighbors that always seem to have our best interest at heart. That why there in Alaska it's because they don't want to use there resources up first. That got the gold to buy the oil but why buy it when it's almost given away. Yes well drill it for you while even make pipes to send it to your front door. All for half a shilling. When where out you will sell it back for 10 crowns right....? Now I see how the price can afford them trips to Iraq.
We need to understand that's everyone that's involved. Has more devious thoughts in mind. hysrchrd@yahoo.360.com
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