The A. Gary Anderson Graduate School of Management has received a substantial pledge from Lecturer of Accounting Sheldon Richman for $50,000, to be paid over a several-year period. This will be matched each year by the Deloitte Foundation, bringing it to a total of $100,000. The gift will be used to fund a four-year commitment to an entering freshman in pre-business each year starting in the fall of 2008. Award recipients will receive $1,000 every year over their four years at UCR, as long as they maintain their grades and continue progress towards a degree in business with an emphasis in accounting. The balance of the funds will be used to build an endowment to continue this program in perpetuity. This is the first time AGSM has had a four-year award to offer, and the scholarship will be used as a recruiting tool for prospective high-achieving freshmen.

"Shel Richman's gift for scholarships is a generous investment in the future," AGSM Dean David W. Stewart said. "AGSM and UCR cannot realize their mission of developing the next generation of educated leaders for business and for society without the support of individuals like Shel. This gift is a wonderful example for the community of what we must all do to assure our future success as a society."

Richman has served as a lecturer for the past three years at AGSM, teaching courses in taxation each spring quarter. He received his bachelor's degree in business administration from UCLA, where he was a Regents Scholar. As a Scholar, he received a four-year commitment of financial support from the University of California. He has spent his business career as Partner in charge of the taxation practice at the Los Angeles office of the Big Four accounting firm of Deloitte. He currently serves on the Board of Directors of the Deloitte Foundation.