Alumni & Donor Stories
The Todd B. Richter Fund - 03/28/2007
Todd B. Richter (MBA ’81), Managing Director, Bank of America Securities LLC, has provided an estate commitment to the Kelley School presently valued at $5+ million which will be used to endow several vital Kelley initiatives…
“Todd is one of the Kelley School’s most strategic and thoughtful donors”, adds Rick Dupree, Assistant Dean of Development and Alumni Relations. “He knows the School inside out, having been an active recruiter of our talent - and dedicated alumnus for many years. Together, we crafted an agreement that marries his philanthropic intent with some of the Kelley School’s most important initiatives.”
Richter Awards are presently generated to students enrolled in a course that invests the John and Esther Reese Fund live portfolio. Students prepare oral presentations, written research reports, and demonstrate to the judging panel sound financial and valuation judgment. A portion of Mr. Richter’s bequest will permanently and fully endow this awards program which he established in 1993.
Richter Professorships (2) will be held by Kelley faculty members of extraordinary quality and skills in the field of securities analysis.
Richter Fellowships will be held by students enrolled in the Kelley MBA Program who have an active interest in the study of finance and/or securities analysis, have a record of academic excellence as demonstrated by a minimum GPA of 3.3 on a 4 point scale, and have demonstrated financial need.
Income from the Richter Graduate Finance Department Endowment will be used for the general support of the Finance Department of the Kelley School’s MBA Program.
Income from the Richter Dean’s Office Endowment will be used for the general support of the Kelley School, as determined by the Dean.
“Todd Richter personifies what the Kelley School tries to instill in its alumni”, says Dean Dan Smith. “He has remained passionate about the School since his graduation and aggressively leads one of the most active and important corporate recruiting teams we host. Even amidst his harrowing corporate calendar, Todd returns to campus to judge competitions, present to eager investment students, recruit our best and brightest, and has been the definitive turning point for many students waffling between the Kelley School and our competition. It’s only fitting that he now becomes one of our most celebrated philanthropists!”