(Tulsa, Ok)--Oklahoma State University is given a $1 million dollar gift from Tulsa based ONEOK. The gift will establish an endowed chair in finance at OSU-Tulsa. Accepting the gift for the school were OSU President Burns Hargis and OSU-Tulsa President Gary Trennepohl. Presenting it was ONEOK CEO John Gibson. He said such a chair is timely given the nation's financial crisis. Once fully matched dollar for dollar by the Oklahoma State University Regents for Higher Education and T.Boone Pickens' chair match commitment, the gift will provide $4 million in endowed funds for OSU-Tulsa.