Hogs foundation's gifts, grants fall off

Take drops $10.4 million for fiscal ’13

Posted: June 17, 2014 at 3:19 a.m.

University of Arkansas chancellor G. David Gearhart, former women's head basketball coach Tom Collen, men's head basketball coach Mike Anderson and athletics director Jeff Long throw dirt during the official groundbreaking for the new Razorback Basketball Performance Center Saturday, Dec. 7, 2013 in Fayetteville. The 66,000 square foot facility is one of three new facilities for athletes being built on the campus, funded in part by financial donations to the Razorback Foundation.

Contributions and grants to the Razorback Foundation -- the money raising arm for University of Arkansas sports -- dropped by more than $10 million last fiscal year, to $25.8 million, according to the nonprofit's most recent Internal Revenue Service report.

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