The newspaper has seen a significant drop in the number of participating students and campus readership. In 1998, "Chart" founder Kenneth McCaleb and his wife, Margaret Baughman McCaleb established the McCaleb Initiative for Peace at Missouri Southern State University for the purpose of examining the causes of war and discussing ways by which war can be prevented. McCaleb, who had been a prisoner of war in Germany during World War II, directed that the focus of the Initiative be on Missouri Southern student journalists who, on assignments for "The Chart", will, during the lifetime of the Initiative, visit sites of former wars and perhaps present conflicts. They will visit monuments to past victories and defeats and visit with survivors of wars, and they will write and publish their observations. These reporters will compile memories of veterans of battles, of prisoner of war camps, of concentration camps, of resettlement camps, of refugee centers, and of those who worked or officiated at such centers. They will detail in their reporting the devastation wreaked by war. They will visit institutes where the study of war and the promotion of peace are principal concerns, and they shall report upon their findings. In so doing, "The Chart" will strive to become an instrument for peace and create for its readers, particularly for the students of Missouri Southern State University, vivid notions of the horrors of war. The Missouri College Media Association named "The Chart" Best in State six times in 11 years: 1994, 1996, 1997, 2001, 2003 and 2004. "The Chart" has won multiple Associated Collegiate Press Pacemakers, both at the regional and national level. For 1995 and 1996, "The Chart" was named the best non-daily college newspaper in the nation by the Society of Professional Journalists. "The Chart" inducted McCaleb, Headlee, Jack Brannan, and Massa into its first Hall of Fame class in 2012. Additional members will be inducted every five years. In November 2014, "The Chart" dedicated a Hall of Fame area on the third floor of Webster Hall with members of the MSSU Board of Regents in attendance. The Hall of Fame includes McCaleb's original typewriter, pictures of the four inductees, and other artifacts. Ron Martin — Retired Editor, "Atlanta Journal-Constitution"  Jack Brannan — Retired, United Press International, New York Stock Exchange, "Tulsa World"  Pam Johnson — Executive Director, Donald W. Reynolds Journalism Institute, University of Missouri; Former Executive Editor, "Arizona Republic"; "Kansas City Star", where she shared the Pulitzer Prize for her reporting on the Kansas City Hyatt Regency walkway collapse  Tony Feather — Missouri-based American political consultant for the Republican National Committee and Republican candidates who specializes in direct voter contact.