(a) There is established at the University of Arkansas at Pine Bluff the Arkansas Evaluation Center to build evaluation capacity in the State of Arkansas by:
(1) Assisting nonprofit corporations in their reporting processes to their boards, funding agencies, the government, and the public;
(2) Expanding the service of evaluation research to nonprofit corporations in the Arkansas Delta through the provision of data that helps to account for resources and through a service delivery designed to advance the quality of life in the Arkansas Delta;
(3) Assisting the General Assembly by evaluating the impact of potential and existing legislation; and
(4) Fulfilling a commitment to fiscal and philosophical accountability with the people of Arkansas by empowering the University of Arkansas at Pine Bluff to provide nationally recognized evaluation training.
(b) The center shall be housed at the University of Arkansas at Pine Bluff.