ConocoPhillips Bolsters Its $15 Million Gift to the University of Alaska Anchorage with Early Payoff

HOUSTON, TX – Faculty and students at the University of Alaska Anchorage (UAA) will have early access to the ConocoPhillips Arctic Science and Engineering Endowment, thanks to a one-year-early payoff of the $15 million pledge made by ConocoPhillips Alaska, Inc. in 2008. Originally scheduled to begin distributions in 2016, the endowment will now provide researchers more than $138,000 this fiscal year end, increasing substantially over the next few years. By the end of fiscal year 17, there will be approximately $435,000 available to be awarded each year.



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