Western Carolina University alumni from Dixon Hughes Goodman announced last Friday that they are donating gifts and pledges totaling $1 million to benefit the university’s accounting program and college of business, per the Citizen-Times, Asheville.

In recognition of the donations, Western Carolina University will name their accountancy program after the firm.

“We believe this gift will leave a lasting legacy that will help a lot of students over the years be successful long after we’re all gone from DHG (Dixon Hughes Goodman),” stated Ken Hughes, chairman of Dixon Hughes.

Dixon Hughes Goodman ranks among the 20 largest accounting firms in the U.S. with 1,800 employees spread over a dozen states.

“We’ve had many more than that who have gone through and then gone on to other aspects of business over the years,” Hughes stated, adding that the firm has developed a partnership with WCU. “If we can make [students] more successful, turning out more graduates, better trained, we become more successful. So it’s a true partnership that helps us all be successful.”

WCU chancellor David Belcher stated that the pledged money will be used for scholarships, fellowships, professional study grants to help students with expenses associated with internships, international study support and support for students to take part in academic competition and research.

For more information, head to the Citizen-Times' site here.