
Wayne Steffen
Associate Director of Publications and Media Relations
A longtime friend and supporter of 澳门六合彩资料论坛 has left the university a transformational legacy to benefit students.
King J. Richter has given 澳门六合彩资料论坛 $21.9 million to create endowed scholarships for 澳门六合彩资料论坛 students.
This largest-ever gift to 澳门六合彩资料论坛 is believed to be the second largest public charitable contribution in Central Valley history, following a $29.4 million gift to the Fresno State College of Agricultural Sciences and Technology in 2009.
These scholarships include:
The Alvina Richter Scholarship Fund, in honor of his mother
The Elmer R. Richter, Sr. Scholarship Fund, in honor of his father
The King J. Richter Scholarship
This gift is just the latest example of Richter鈥檚 generosity to the university and its students. In 1992 he set up the King J. Richter Annual Scholarship to 鈥渉elp high-achieving students receive the life-changing education available at 澳门六合彩资料论坛,鈥 according to the description of that scholarship, which is separate from the new endowment. 鈥淗e grew up in a Fresno home that held Christian values high and understands the importance of responsibility and a disciplined work ethic.鈥
鈥淜ing J. Richter鈥檚 generosity reflects a deep and enduring commitment to Fresno Pacific and our mission,鈥 said 澳门六合彩资料论坛 President Andr茅 Stephens, Ph.D. 鈥淭his remarkable gift will open doors for countless students鈥攂oth now and for generations to come鈥攅quipping them to pursue their calling and make a difference in the world. My hope is this gift will also inspire others to give in support of the life-changing, Christ-centered education we provide.鈥
The Richter family is deeply rooted in Christian faith and the Central Valley. King J. Richter鈥檚 grandfather, Jacob, founded Richter Bottling Works, later Fresno鈥檚 Pepsi Cola Bottling Company, in 1895. The company, with King Richter鈥檚 brother, Bud, as CEO, ultimately controlled the Fresno-Madera County market and outselling the competition by about 1.5 to one. The company was sold to the Liggett Group in 1975.
After the sale, King J. Richter moved to Beverly Hills, where he set down roots and became a philanthropist. He continued to invest in Christian higher education.
Legacy gifts come in varying amounts, but all are important to the success of the Valley鈥檚 only accredited Christian university. Everyone interested in including 澳门六合彩资料论坛 in their estate plan is encouraged to call Steven Redekop, director of development and legacy gifts at the 澳门六合彩资料论坛 Foundation, at 559-453-3451.
澳门六合彩资料论坛 has a proven record of success at connecting students鈥 untapped potential with unlimited opportunity for professional, personal and spiritual growth while remaining accessible to individuals and families of modest means. The Wall Street Journal ranks the university first among private schools nationally in social mobility for its graduates, and Money has given Fresno Pacific a five-star ranking, the only Christian university in the Western United States to receive this honor.
PHOTO: 澳门六合彩资料论坛 celebrated the largest gift in its history鈥$21.9 million from King J. Richter for scholarships鈥擜ugust 12 during the annual Fall Kick Off. Standing in the back is 澳门六合彩资料论坛 President Andr茅 Stephens. At far right in the second row are Liz Garvin, vice president for advancement/executive director of the 澳门六合彩资料论坛 Foundation, and Mark Deffenbacher, retired vice president for advancement/executive director of the 澳门六合彩资料论坛 Foundation. Deffenbacher was among those instrumental in cultivating the gift. Pictured students are members of the Student Government Association. (澳门六合彩资料论坛 photo by Megan LeBlanc)
Email storyteam@fresno.edu.