Jack R. Jacobs of Tulsa, Okla., has made a planned gift of $1,000,000 to establish the Dana Jacobs Memorial Endowed Scholarship in the College of Engineering at the University of Arkansas. The gift, which is designated to the department of electrical engineering, will be used to support students in the department who have a financial need and the academic ability needed to succeed. Jacobs is a 1951 graduate of the Sam M. Walton College of Business. He calls this gift his “payback” because of his experience on campus and successful career. “I’ve been blessed,” he said. “So, I wanted to help other people.” The scholarship is named in honor of Jacobs’s middle son, Dana, who passed away in 2000. Dana worked in the electrical engineering field, which is why Jacobs felt compelled to choose that designation.