$120 Million Donation Makes First Arkansas Art School Possible

History made: Last month, the Walton Family Foundation donated the largest sum ever given to any U.S. university art program.

The $120 million gift from the chartiable enterprise started by the family of late Walmart founder Sam Walton will facilitate the creation of the University of Arkansas School of Art.

Kevork Djansezian/Getty Images

"This gift creates the first and only school of art in the state of Arkansas," said Todd Shields, dean of the J. William Fulbright College of Arts and...

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