$1 million Deloitte Foundation fund established at UGA’s Tull School of Accounting

January 11, 2012

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Athens, Ga. - With pledged gifts totaling $1 million, the Deloitte Foundation has established an endowment for the J.M. Tull School of Accounting in the Terry College of Business at the University of Georgia.

The Deloitte Foundation Endowed Accounting Support Fund will provide new annual funding to attract and retain outstanding faculty, who will be designated as Deloitte Foundation Endowed Faculty Fellows, and scholarships to deserving graduate and undergraduate students, who will be recognized as Deloitte Foundation Scholars.

In addition, during the five-year period in which the endowed account is funded, Deloitte employees and the Deloitte Foundation will continue their support of the Deloitte Teaching Fellowship, which provides resources for faculty research and teaching, graduate fellowships, student organizations, and other priorities in the Tull School of Accounting.

"As a leading employer of our students, we greatly appreciate the outstanding career opportunities Deloitte provides to our students and the multitude of professional successes that our students have enjoyed with them," said Ben Ayers, the Tull School's director. "The generous support of Deloitte professionals and the Deloitte Foundation led us to establish the Deloitte Foundation Endowed Accounting Support Fund. It is a great testament to their vested interest in the education of our students and their commitment to accounting excellence."

"I am happy to announce this gift on behalf of the more than 250 UGA alumni at Deloitte," said Will Herman, a partner in Deloitte's Atlanta office. "Supporting educational initiatives is strategic to Deloitte and the Deloitte Foundation, and we are proud to support the Tull School of Accounting and the Terry College of Business."

Ed Heys, the managing partner of Deloitte's Atlanta office, added, "We are pleased to be able to demonstrate our commitment to the Tull School of Accounting through this endowment. Our firm has benefitted greatly from the education that our UGA alumni received from the Tull School, and we appreciate the hard work of the faculty and leadership."

UGA's School of Accounting was one of the first in the nation to be established as a separate professional school within a college of business. In 1982, it was renamed the J.M. Tull School of Accounting after receiving an endowment from the J.M. Tull Charitable Foundation of Atlanta. The school's undergraduate and master's programs have been ranked among the top 10 by Public Accounting Report, and it is rated among the top 20 undergraduate accounting programs by U.S. News & World Report. The school's faculty is well known for its teaching, research and service to the accounting profession.

About the Deloitte Foundation
The Deloitte Foundation, founded in 1928, is a not-for-profit organization that supports teaching, research and curriculum innovation in accounting, business and related fields within the U.S. The Foundation sponsors an array of national programs relevant to a variety of professional services, benefiting middle/high school students, undergraduates, graduate students and faculty. For more information, see the Deloitte Foundation Web page at www.deloitte.com/us/df.

As used in this document, "Deloitte" means Deloitte LLP and its subsidiaries. See www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

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