Endowment to UCR’s School of Business Champions Innovative Research and Teaching Excellence

Gift is from alumni and longtime UCR supporters Teresa and Robert Stapleton

UCR leadership and guests pose for a photo at a UCR Reception/Dinner for Bob Stapleton and David Shulman

UC Riverside has received a generous endowment gift from Teresa and Robert Stapleton. Left to right: Cynthia K. Larive, UCR interim provost & executive vice chancellor; Kim A. Wilcox, UCR chancellor; Patricia Shulman; David Shulman; Teresa Stapleton; Robert Stapleton; Yunzeng Wang, dean of the School of Business; and Peter Hayashida, vice chancellor for university advancement.

RIVERSIDE, Calif. (www.ucr.edu) — A generous endowment from two alumni and longtime University of California, Riverside supporters to the UCR School of Business will enhance the research, teaching, and learning mission of the university. The endowment will allow the School of Business to recruit and reward top-tier faculty and Inland Southern California students at the A. Gary Anderson Graduate School of Management.

The philanthropic support from Teresa and Robert Stapleton will establish the Stapleton Presidential Chair in Innovation and Entrepreneurship, the Shulman Endowed Excellence in Teaching Award, and the Stapleton Family Endowed Business Scholarship.

This endowment is the Stapleton family’s latest show of support for UCR, having generously given their time to mentor and advise students and faculty at the School of Business. “It is very rewarding to have an enduring relationship with our alumni and witness their desire to give back to the university through meaningful engagement and financial support,” said Dean of the School of Business Yunzeng Wang.

The three funds will have an impact across the entire university. The Stapleton Presidential Chair in Innovation and Entrepreneurship will promote graduate fellowships and support innovative research and teaching. To support the business school’s commitment to educating the region’s top students, the Stapleton Family Endowed Business Scholarship will provide financial support exclusively to Inland Southern California students at the A. Gary Anderson Graduate School of Management.

A photo of Dr. David Shulman.

The Shulman Endowed Excellence in Teaching Award honors Dr. David Shulman.

Most significant to the Stapleton family is the fund dedicated to promoting excellence in teaching. The Shulman Endowed Excellence in Teaching Award is named in recognition of David Shulman, whose inspiring and highly effective teaching methods made a great impact on Robert Stapleton while attending the UCR School of Business. Shulman served as an associate professor of management and economics at UCR and has led a distinguished career as the chief equity strategist at Salomon Brothers Inc. and the managing director at Lehman Brothers, to name a few.

The endowment honors Shulman’s legacy by rewarding exemplary professors who embody the fulfillment of learning through their excellence and achievements in teaching.  At a dinner in his honor, Shulman reflected on the role of a professor. “You have the chance to change a life for better or for worse. A good teacher has the power to impact an entire class or even just one student, to look at the world another way, and steer them in the direction of what they are meant to do.”

Shulman remains engaged in educational and charitable activities, including being an executive on campus at Baruch College, a visiting scholar at the UCLA Anderson Forecast and a visiting professor at the University of Wisconsin.

“Serving the region by providing a world-class education that is student-centered and directly contributes to the growth of the region’s dynamic workforce continues to be a cornerstone of our mission,” Wang said. “These three endowed funds further propel the School of Business to fulfill its commitment as the flagship business school in Inland Southern California for research and business education.”


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