Gies receives anonymous gift supporting students, faculty, and staff

At the end of 2020, Gies College of Business received a generous seven figure gift from an anonymous donor in support of student scholarships, faculty research, and emergency funds for Gies faculty and staff.

At the end of 2020, Gies College of Business received a generous seven figure gift from an anonymous donor in support of student scholarships, faculty research, and emergency funds for Gies faculty and staff. The COVID-19 pandemic presented numerous challenges, and the gift not only helps students and faculty, but also staff. A portion of the funds was allocated to immediately award 125 student scholarships during the Spring semester. Additional scholarships will be awarded in the future.

This year, it has been very stressful to stay motivated and continue excelling academically,” said Taryn Wallace, a junior accountancy major. This scholarship means a lot to me because I feel an extreme amount of support and understanding. It shows that people recognize the struggles students have been facing and genuinely want to help.”

The gift also provided an unprecedented level of incremental research funding to support the research efforts of Gies faculty. The Dean’s office has solicited research proposals from full-time specialized and tenure-stream faculty. To date, nearly 60 highquality proposals have been received. 

“With this generous support of our scientific mission, Gies faculty members were able to step back and think not only in terms of their next study, but also in terms of their entire research programs,” said Mark Peecher, Deloitte Professor of Accountancy and Associate Dean of Faculty. This funding has generated positive buzz among the faculty and has been an encouraging, bright light in a challenging time for everyone.  

Funds will also be used to support the Faculty and Staff Assistance Program, which helps in times of crisis or unexpected financial need. 

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