The Virginia Society of CPAs Educational Foundation has established a scholarship fund to honor the victims of last year's Virginia Tech shooting.
The fund will provide a $2,500 annual scholarship to students pursuing a doctoral degree in accounting at Virginia Tech. The first scholarship will be awarded in spring 2009 for the 2009-2010 academic year.
The Austin M. Cloyd and Matthew G. Gwaltney Doctoral Scholarship Fund was named after two deceased victims of the shooting: the daughter of Virginia Tech accounting professor Bryan Cloyd and his wife Renee; and the stepson of Linda Gwaltney, an accounting manager at Philip Morris, and son of Gregory and Karen Gwaltney.
Several CPA firms and companies contributed to establish the $50,000 scholarship fund, including Goodman & Co., Beers + Cutler, Reznick Group, Mitchell Wiggins & Co., Clifton Gunderson, and Yount Hyde & Barbour.
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