Accounting Funds

Total funds:  56

James A. Hallam Distinguished Accounting Scholar

This endowment was established in the mid-1980s by accounting alums, who were partners at Arthur Andersen Inc., to establish a professorship in accounting. In the mid-1990s the focus was changed to support accounting programs and the department chair. Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. The James A. Hallam Distinguished Accounting Scholar was established in 1986 through gifts of the employees and corporate matching funds from Arthur Andersen LLP to establish a distinguished professor award in honor of James A. Hallam, long-time teacher and chairperson of the Department of Accounting at Illinois State University. The fund supports distinguished professors who possess extraordinary teaching skills, professional pride and commitment, leadership, and dedication to excellence, including faculty grants and professional development.

Additionally Supports: James A Hallam Distinguished Accounting Scholar

Bill Spaniol Memorial Scholarship

This endowment was established in 1998 by Nims & Associates, Inc. in memory of Bill Spaniol, friend, business associate, president, and CEO. The scholarship is awarded to a full-time junior or senior level student in the Business Information Systems sequence of the College of Business. Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. The Bill Spaniol Memorial Scholarship endowment was established in 1998 by Nims & Associates, Inc. in memory of Bill Spaniol, friend, business associate, president, and CEO. The scholarship is awarded to a full-time junior or senior level student in the Business Information Systems sequence of the College of Business.

Max Rexroad Scholarship

This endowment was established in 1996 by John Anthony Doyle, a 1980 graduate of Illinois State University. This fund honors W. Max Rexroad, a professor of Accounting. This scholarship is awarded to a student majoring in accounting at Illinois State University. Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. The Max Rexroad Scholarship was established in 1996 by John Anthony Doyle, a 1980 graduate of Illinois State University. This fund honors W. Max Rexroad, a professor of accounting. This scholarship is awarded to a student majoring in accounting at Illinois State University.

The Deborah L. Lindberg Accounting Scholarship

The Deborah L. Lindberg was established by Harlan Fuller in order to give a one-time scholarship for any accounting major who expresses a financial need.

William Townes Scholarship

The William Townes Scholarship endowment was established by the Alpha Phi Alpha-Eta Tau Chapter in memory of William Townes. This scholarship is awarded to a student majoring in accounting.

Business Information Systems Scholarship

The Business Information Systems Scholarship was established in 2020 by Keith Donner. The scholarship supports a student with demonstrated financial need enrolled as a Business Information Systems major.

Flessner Family Endowed Scholarship Fund

The Flessner Family Endowed Scholarship Fund was established in 2008 by Paul Flessner, retired senior vice president at Microsoft, and 1981 graduate of the Business Information Systems program at ISU. Paul is also a member of the ISU College of Business Hall of Fame. The Flessner Family Endowed Scholarship Fund was established for the purpose of providing substantial financial support for a new freshman majoring in accountancy and a junior or senior majoring in business information systems. Assets of this endowment are invested in the ISU Endowment Investment Pool. The Flessner Family Endowed Scholarship Fund was established in 2008 by Paul Flessner, retired Senior Vice President at Microsoft, 1981 graduate of the Business Information Systems program at ISU, and College of Business Hall of Fame recipient. The Flessner Family Endowed Scholarship Fund provides substantial financial support for two students. The first award provides support for a new freshman majoring in Accountancy. The second award, named for Dr. Gerry McKean, supports a junior or senior majoring in Business Information Systems.

Additionally Supports: Flessner Family Endowed Scholarship

RSM Impact Fund Endowment

The RSM Impact Fund Endowment supports the recruitment and retention of accounting faculty and student scholarships and professional development. The fund was established in 2019 by Zachary Fortsch's personal gifts and gifts of other ISU alumni partners working for RSM and matching gifts from the RSM Foundation. The creation of this fund will help maintain the tradition of accounting excellence at Illinois State University and help raise the profile of RSM with students and faculty.

COUNTRY Financial Business Information Systems Scholarship

The COUNTRY Financial Business Information Systems Scholarship was established by COUNTRY Financial in order to assist students majoring in Business Information Systems.

David Currie, CPA Endowed Accounting Scholarship

The David Currie, CPA Endowed Accounting Scholarship was established in 2018 by Margaret Currie in memory of her husband. The scholarship provides financial assistance for undergraduate students in the Accounting program enrolled in good standing as an accounting major at Illinois State University.

Kate King Wu and Horace C. Wu Scholarship

The Kate King Wu and Horace Wu Scholarship Grant was created in 2007 by Kate King Wu and Horace Wu. The purpose of this grant is to provide financial support to accounting student(s) who are members of the accounting honorary society Beta Alpha Psi. The grant was created by a $1,500 gift to the ISU Foundation. The Kate King Wu and Horace Wu Scholarship was created in 2007 by Kate King Wu and Horace Wu. The purpose of this grant is to provide financial support to Accounting student(s) who are members of the Accounting honorary society Beta Alpha Psi.

Industrial Accounting Scholarship

The Industrial Accounting Scholarship was established in 2020 by Keith Donner. The scholarship supports a student majoring in Accounting with demonstrated financial need. Preference will be given to a student who is completing or has completed and industry internship and/or who plans to sit for the Certified Management Accounting exam or is is a student member of the Institute of Management Accountants.

Jim and Jeanette Hallam CPA Candidate Scholarship

The Jim and Jeanette Hallam CPA Candidate Scholarship was established in 2018 by Jim and Dennis Hallam in honor of their parents. The scholarship supports an undergraduate student majoring in Accounting who intends to sit for the CPA exam.

Sears Accounting Scholarship

The Sears Accounting Scholarship was established in 2014 by Kevin and Carol Sears. The award will provide up to $5,000 annually to an accounting major at the undergraduate or graduate level who has demonstrated leadership in school and/or community activities, including substantial work history. Preference will be given to a non-traditional student with unmet financial need.

Gary and Helen Anetsberger Scholarship

The purpose of this scholarship will be to provide a $5,000 per year scholarship for 3 students

Sikich LLP Accounting and Business Information Systems Diversity Scholarship

The Sikich LLP Accounting and Business Information Systems Diversity Scholarship provides financial assistance for a student enrolled in the College of Business in Accounting. Preference given to a student with demonstrated financial need.

Additionally Supports: Sikich LLP Accounting and Business Information Systems Dive

Brad Dawson Memorial Fund

The Brad Dawson Memorial Fund provides emergency assistance toward tuition and/or books for a student majoring in Accounting at Illinois State University. Recipient must demonstrate financial need and have an immediate family member/guardian who is sick or passes away while the student is attending ISU.

Eovaldi Family Accounting Scholarship

George Eovaldi graduated as valedictorian from high school in Buckner in 1948. He enrolled at Southern Illinois University that fall with a scholarship and graduated there in 1955 after two years in the U.S. Army. He met Carol (Monteggia) when he returned to SIU. She and a friend were looking for rides from their town (near Buckner) to SIU and back. George began his 39-year career at State Farm Mutual Auto Insurance Company upon graduation and worked in Bloomington; Dallas; and Lincoln, Nebraska; retiring as vice president of accounting. While in Lincoln, they had six children, five of whom earned degrees in business areas at ISU: Stephen M.S. '81; Linda; Debra '83; Donna M.S. '86; Bryan '86, M.B.A. '87; and Terry '89. George has volunteered for many community organizations. He was inducted into the College of Business Hall of Fame in 2010.

John and Kathy Rennick Accounting Scholarship

The John and Kathy Rennick Accounting Scholarship was established in 2018 by John and Kathy Rennick. The scholarship supports an entering freshman majoring in Accounting at Illinois State University. Preference is given to a student with demonstrated financial need.

Vandermyde Family Scholarship

The Vandermyde Family Scholarship was established in 2021 by Debra and Mark Vandermyde. The scholarship supports a junior or senior accounting major.

Accounting Department Scholarship Fund

The Accounting Department Scholarship Fund provides financial support for students majoring in Accounting. The fund also supports several named commemorative scholarships and awards for Accounting students.

Additionally Supports: Alumni Golf Outing, BKD, Case Competition Scholarship, Caterpillar Scholarship, Clifton Larson Allen Scholarship, Country Financial, Deere and Co., Doug Hart Accounting Scholarship, Dunbar, Breitweiser &, Co., LLP, Enterprise, Erick &, Jada Miner Scholarship, FORVIS Scholarship, Federation of Schools of Accountancy Scholarship, Growmark, Hartung Scholarship, Heinold-Banwart, IDEX Corporation Award, ISU Accounting Dept Advisory Council Scholarship, KPMG Scholarship, Keith &, Kathi Martin Award, MCK CPAs Award, Marcotte BS/MPA Scholarship, Marcotte Outstanding MS Scholarship, Marcotte Undergraduate Scholarship, Miller Cooper Scholarship, PricewaterhouseCoopers Scholarship, RSM Scholarship, Sikich LLP Scholarship, State Farm Foundation Scholarship, Tighe, Kress, &, Orr Scholarship

Howley Family Scholarship Fund

The John Howley Accounting Scholarship Fund was established by John Howley in order to provide financial aid to a junior or senior majoring in Accounting who has demonstrated financial need.

Additionally Supports: Howley Family Accounting Scholarship Fund

Jacalyn Ferree Endowed Scholarship for Accounting

The Jacalyn Ferree Endowed Scholarship for Accounting was established in 2018 to provide support for an undergraduate or graduate level student in Accounting.

Caroline Kern Craig Endowed Scholarship

The purpose of this scholarship is to help defray the cost of education for accounting majors with high academic achievement and career potential. It was established in 2012 by Caroline's husband, Tom, and by Jon Farney '93, a past president of Beta Gamma Sigma at Illinois State and a former student who remembers fondly Caroline's influence on his life. Caroline devoted almost her entire professional career to ISU's accounting programs and students. She was valedictorian of her high school class in Kankakee; an undergraduate Bronze Tablet Scholar at the University of Illinois; and a Deloitte, Haskins & Sells Doctoral Fellow. She was one of two recipients of a graduate teaching assistant excellence award, and was voted by ISU's Student Accounting Society as Outstanding Faculty Member the last semester she taught. She taught primarily tax accounting. Tom also taught accounting. Many students took up to three courses from Caroline, and up to six courses from Caroline and Tom.

Accounting Department General Fund

The Accounting Department Fund supports the general operating needs of the Accounting Department at Illinois State Univeristy.The Accounting Department at Illinois State University offers premier undergraduate and graduate programs in accountancy with a national reputation for excellence. The department offers four undergraduate sequences in accountancy, a degree in business information systems, a master of science program, and a unique integrated 150-hour bachelor of science/master of professional accountancy program. The Accounting Department General Fund supports the operating needs of the Accounting Department at Illinois State University, including named commemorative awards and scholarships.The Accounting Department at Illinois State University offers premier undergraduate and graduate programs in accountancy with a national reputation for excellence. The department offers four undergraduate sequences in accountancy, a degree in business information systems, a master of science program, and a unique integrated 150-hour bachelor of science/master of professional accountancy program.

Additionally Supports: ETS Award, Federation of Schools Accounting Scholarship

Duane and Diana Debs Endowed Accounting Scholarship

The Duane and Diana Debs Endowed Accounting Scholarship was established in December 2014. A major challenge for the College of Business is attracting and retaining the most academically talented students. As tuition costs continue to rise, scholarship support is many times the determining factor for where students choose to attend, and enables current students to graduate. The award will support students majoring in Accounting at Illinois State who demonstrate academic and personal achievement.

Foltz Family Scholarship

The Foltz Family Scholarship was established in December 2019 to provide financial support to students majoring in Accounting at Illinois State University. The scholarship will benefit a student planning to pursue CFP designation or law degree. Preference given to students who are first generation in their family to attend college with demonstrated financial need and who have overcome educational or economic obstacles.

Keith and Debra Friedlein Endowed Scholarship

The Keith A. Friedlein Endowed Scholarship was established in 2024 by Keith Friedlein in order to provide support for students in the Accounting program. This scholarship will be awarded to rising juniors and seniors, with a preference for students from counties in north central Illinois.

James H. Schlesser Endowed Scholarship Fund

The James H. Schlesser Endowed Scholarship Fund was established in 2008 by James. H. Schlesser, a 1974 graduate of the math program and 1976 master's graduate of the accounting program in the College of Business at ISU. The scholarship was established for the purpose of providing financial support for junior accounting students at ISU. Assets of this endowment are invested in the ISU Endowment Investment Pool. The James H. Schlesser Endowed Scholarship Fund was established in 2008 by James. H. Schlesser, a 1974 graduate of the math program and 1976 master's graduate of the accounting program in the College of Business at ISU. The scholarship was established for the purpose of providing financial support for junior accounting students at ISU.

Additionally Supports: Schlesser Scholarship Fund

Jim Hallam Scholarship

This endowment was established in 1988 by the ISU Alumni Association to honor the retirement of James Hallam, who taught accounting for 22 years at the University. The scholarship is awarded to a junior-level student majoring in accounting. Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. The Jim Hallam Scholarship endowment was established in 1988 by the ISU Alumni Association to honor the retirement of James Hallam, who taught accounting for 22 years at the University. The scholarship is awarded to a junior-level student majoring in accounting.

The CLA Scholarship Fund

The CLA Scholarship Fund was established by CliftonLarsonAllen LLP in order to provide financial assistance for accounting students.

COUNTRY Financial Accounting Scholarship

The COUNTRY Financial Accounting Scholarship was established by COUNTRY Financial in order to assist students studying Accounting.

Jui-Yuan William Lin Endowed Scholarship Fund for Accounting

The Jui-Yuan William Lin Endowed Scholarship Fund for Accounting was established by Jui-Yuan William Lin in order to support Accounting students that are pursuing a CPA credential.

Mary Graffy Memorial Scholarship Fund

The Mary Graffy Memorial Scholarship Fund was established by Mardel Graffy in memory of her mother Mary Graffy. The purpose of this endowment is to support students who are studying finance in the College of Business.

The Anderson Family Accounting Scholarship

The Anderson Family Accounting Scholarship was established by Keith and Annette Anderson in order to support students in Accounting.

Edward M. Seipp Endowed Scholarship

The Edward M. Seipp Endowed Scholarship was established in 2018 to provide support for Masters of Science in Accountancy students.

McMullen Family First Generation Student Accounting Scholarship

The McMullen Family First Generation Student Accounting Scholarship was established by Steven and Susan McMullen to provided financial support for first generation students majoring in Accounting in their junior or senior year.

Additionally Supports: McMullen Family First Generation Student Accounting Scholars

Zarcone Family Scholarship

The Zarcone Family Scholarships provides six $2,500 scholarships to students majoring in Accounting at Illinois State University. Three student recipients must be active members of the Accounting and Finance Women's Alliance Registered Student Organization.

Kenneth and Margaret Overholt Scholarship for Accounting

The Kenneth and Margaret Overholt Scholarship for Accounting is an expendable scholarship established in 2019. The scholarship supports Accounting majors with demonstrated financial need. Preference is given to a student with a family member with special needs.

Tanyi Family Accounting Scholarship

Paul Ntaka Tanyi moved to Bloomington-Normal from Cameroon, Africa in 2004 to begin the MBA program. Even though Mr. Tanyi did not know a single person living in the area, he chose Illinois State University because of this initial welcoming experience. Mr. Tanyi so enjoyed his years at ISU that, with encouragement from his professors, he decided to continue his education and earn his Master of Accountancy. In honor of his exceptional academic experience at ISU, he decided to create a Master of Accountancy scholarship to award students who may share a similar story. The purpose of the Tanyi Family Accounting Scholarship is to encourage and reward international students in the Master of Accountancy program.

William A. Fortsch Endowed Accounting Scholarship

The William A. Fortsch Endowed Accounting Scholarship was established in 2019 by Zack Fortsch, in honor of his father, William Fortsch who graduated from Ohio State University with his bachelor's and master's degrees in social work. He worked over 20 years for the State of Illinois - Department of Mental Health. Zack Fortsch, a graduate of Illinois State University in Accounting, credits his father and Illinois State for his career success. The purpose of this scholarship is to support incoming freshman students pursuing a career in accounting.

Mike and Karen Essington BIS Scholarship

The Mike and Karen Essington BIS Scholarship was established to support a student majoring in Business Information Systems at Illinois State University.

Brad Benson Memorial - ISACA Illini Endowed Scholarship

The Brad Benson Memorial - ISACA Illini Scholarship was established by the ISACA Illini Chapter in 2013. The ISACA is an independent nonprofit, global association serving the information systems audit, security, and governance community. The purpose of the fund is to support Illinois State University students studying information assurance and security. Student recipient must be enrolled in Accounting/BIS with a focus on IT-Audit.

BKD CPAs and Advisors Scholarship

The BKD CPAs and Advisors Scholarship was established in 2021 to support students enrolled in Accounting. Preference is given to students that attended high school in Central Illinois.

Additionally Supports: Forvis, LLP Accounting Scholarship

BIS Sequence Scholarship

The BIS Sequence Scholarship was established in 1990 to providing financial support for students majoring in Business Information Systems at Illinois State University.

Steve Michels CPA Review Course Scholarship

This scholarship was established by Tri Star Marketing, 1973 accounting alumni, and friends from Illinois State as a tribute to Steve Michels and those who have been afflicted with ALS, commonly known as Lou Gehrig's disease. Steve's accounting career began in 1973 in auditing. In 1975 he shifted from public accounting to the Russell Stewart Oil Company, presently known as Tri Star Marketing, Inc., where he continued for 37 years, originally as controller and ultimately as chief financial officer. During his tenure the company grew from 12 to 54 Super Pantry convenience stores and travel centers in Illinois and Indiana, generating $550 million in annual revenue. Steve and his wife of 36 years, Wendy, have raised two sons, Justin and Troy. Steve has been a longtime supporter of Illinois State athletics, especially the basketball program, and an active participant in the Accounting Department's annual golf outing, which his team won in 2007.

Eric Mickel Scholarship for Accounting

The Eric Mickel Scholarship for Accounting was established in 2019 by Eric Mickel. The scholarship supports a community college transfer student majoring in accounting at Illinois State University. Preference giving to a student with demonstrated financial need.

The Pierre Van d’helsen Scholarship

The Pierre Van d'helsen Scholarship was established in 2020 to support Accounting majors who are interested in participating in study abroad while at Illinois State University.

Additionally Supports: Pierre Van d’helsen Scholarship

Diversity Excellence Accounting Scholarship

The Diversity Excellence Accounting Scholarship was established in 2019 by Doug and Linda Ellerman. The scholarship supports an Accounting major with demonstrated financial need. Preference is given to a student in a traditionally underrepresented group.Doug and LInda grew up in working class families in central and western Illinois. Both received scholarships and grants and had jobs which helped them to finance their education.

LaFrence Family Accounting Scholarship

The LaFrence Family Accounting Scholarship was established in 2014 by Andy LaFrence '84 and Kim Chapman LaFrence in honor of Andy's father Bert LaFrence '76, mother Ann LaFrence '78, and wife Kim, who all went back to school to earn their CPA, BS, and JD respectively in their 30's and 40's. The scholarship was created to provide financial support for students that are willing to take a risk later in life to earn their accounting degree at Illinois State University.

Kelley and James Smith Accounting Scholarship

The Smith Accounting Scholarship was established in 2014 by Kelley and James Smith. The award provides up to $5,000 annually for a maximum of five years to a student pursuing a degree in accounting at the undergraduate level. Preference will be given to female students with demonstrate leadership in school and/or community activities, including substantial work history who have unmet financial need.

Doug Hart Accounting Scholarship

The Douglas W. Hart Accounting Scholarship was established to provide financial assistance to students that are Accounting majors at Illinois State University.

Herbert Sieg Endowed Scholarship

This endowment was established in 2003 by Gary Gemberling '63 in honor of Herbert Sieg, professor emeritus of accounting. This scholarship is awarded to a 5th year accounting graduate student. Assets of this endowment are invested in the Illinois State University Endowment Investment Pool. This Herbert Sieg Endowed Scholarship was established in 2003 by Gary Gemberling '63 in honor of Herbert Sieg, professor emeritus of accounting. This scholarship is awarded to a fifth year accounting graduate student.

Additionally Supports: Sieg Endowed Scholarship