TULSA, Okla. (AP) - Southeastern University in Florida has
received the first $2 million of a $10 million pledge from the
family who owns the Oklahoma based Hobby Lobby craft store chain.
Last month, Southeastern's president, Mark Rutland, was named to
the top post at Oral Roberts University. He starts July 1 at the
Tulsa-based evangelical school.
Mart Green, heir to the Hobby Lobby fortune, is the trustees
board chairman at ORU. His father, David, is founder and CEO of
Hobby Lobby, which has hundreds of craft supply stores around the
Mart Green took the reins at ORU last year after a donation of
$70 million of his family's wealth.
Southeastern says it will get four more gifts of $2 million from
the Green family over the next five years.