Fox anchor gives to Legacy Fund

OXFORD — Fox News anchor Shepard Smith is applauding the leadership of retiring University of Mississippi (UM) chancellor Robert Khayat with a $75,000 gift to the Legacy Fund, which already has hit the $200,000 mark.

Created by the University Foundation to honor Khayat, the fund was established to help offset the negative effects of the economy on UM students and the academic environment. Plans call for the chancellor, who is retiring June 30 after leading UM for 14 years, to determine which initiatives benefit from the fund.

“Dr. Khayat has transformed our special place into a truly great American public university. It’s an honor to give him a few more dollars to work some magic before he slides into retirement,” said Smith, who anchors the “Fox Report” and “Studio B with Shepard Smith.”