The University of Arkansas at Monticello recently announced that Kingwood Forestry Services is giving back to the UAM establishing a $30,000 endowment to help the University graduate students with their forestry studies.
The article added that Kingwood, based in Monticello, provides consultancy to private landowners, including investment, appraisal, site preparation, planting, and economic advice. The owners, John McAlpine of Monticello, and Carl Herberg of Texarkana, Texas, said the $30,000 endowment will provide one scholarship per year.
“We expect it to be $1,000 to $1,500 a year going toward the student,” McAlpine said, adding that the funds will be determined by the UAM Foundation on how much will be available depending on the return.
“John and I are both second-generation foresters,” said Herberg. “His dad was a forester; my dad was a forester. When I started in Monticello, it was apparent to me how much UAM was feeding into Kingwood Forestry Service. To this day it feeds a lot of hires and that’s been very beneficial to us as a company.”
Kingwood Forestry Services is a private landowner consultant. The company provides professional forestry services such as investment, appraisal, site prep and planting, hunting leases, and economics advice for private forest landowners.
“We’re very excited about the development of this Kingwood Forestry Fellowship,” said Michael Blazier, dean of UAM’s College of Forestry, Agriculture and Natural Resources. “This fellowship will provide some additional financial aid for our graduate students who are coming to do research on topics relevant to the forest industry.
