University of South Florida Receives $10 Million Gift

The University of South Florida has announced a $10 million gift from alumnus Lynn Pippenger in support of scholarships and student recruitment efforts at its School of Accountancy at the Muma College of Business.

The gift will enable the university to boost the number of students working to become certified public accountants, certified internal auditors, or certified management auditors. In addition, the gift will provide scholarships for accounting majors, stipends for students who find internships, and funds to improve the school's infrastructure.

Pippenger began her career in 1969 as a payroll clerk for the Raymond James brokerage firm. Before her retirement in 2012, she also served as the firm’s chief financial officer, treasurer, and senior vice president. During her years with the firm, she created its human resources department, launched an internal educational program now known as Raymond James University, helped establish the company's information technology department, and was the architect of much of the company's original technology platfrom. Pippenger, who earned a degree from the school’s accounting program in 1988, made her first gift to USF in 1986 in support of student scholarships.

"We are so pleased to bestow this honor on our great friend and true USF success story, Lynn Pippenger," said USF System president Judy Genshaft. "Lynn's gift will enhance the academic opportunities provided to students and faculty for generations to come, and that is why we are celebrating and recognizing her today."

"Longtime USF Supporter Lynn Pippenger Makes $10 Million Gift to School of Accountancy." University of South Florida Press Release 02/17/2015.