Roth's gift supports scholarships at USD W. Gardner Roth of Long Beach, CA, has made a gift of $100,000 in memory of his wife to support scholarships in the Schools of Business and Education at The University of South Dakota.
Katherine Roth received her bachelor of science degree in business administration, with an emphasis on business education, from USD in 1939.
According to USD School of Business Dean Jerry Johnson, the gift has been used to create two scholarship endowments within the USD Foundation � one each for the School of Business and the School of Education. In both schools, the scholarships will be awarded to students interested in teaching business education.
"The traditional business education degree earned by Mrs. Roth in 1939 was geared at preparing those interested in teaching in high schools. The world has changed since then and that program no longer exists," said Johnson, "but the need for quality instruction in the contemporary realm of business has never been greater. These new scholarships are important additions to our business offerings at USD."
Scholarships in the School of Business will be awarded to students interested in teaching a broad range of business courses. Students in the School of Education's Technology for Training and Development program will benefit from the new School of Education scholarship.
The mission of the USD Foundation is to provide private financial resources for the University, in order to increase the excellence of the educational experience provided by USD, with the goal of creating the best small public university in the nation emphasizing excellence in teaching.
Total new giving to the USD Foundation last year was close to $5 million, up 28 percent from the previous year. Total net assets of the Foundation increased by 16 percent in FY98, to $62 million in assets as a result of generous gifts and bequests from alumni and friends of USD. Last year, the USD Foundation granted more than $1.7 million in scholarships, about $1.35 million for support of the academic departments of the university and over $134 thousand for capital projects and equipment. New endowments for scholarships or other purposes that benefit the university may be created within the USD Foundation for as little as $20,000, contributed over five years.