Todd Richter Establishes $5 Million Endowment to Benefit Kelley School of Business at Indiana University

August 11, 2023
Todd Richter
Todd Richter, an accomplished professional with a Masters of Business Administration earned in 1981, has maintained a deep sense of pride for his alma mater, the Kelley School of Business at Indiana University. Over the course of the following two decades, Richter achieved remarkable success as a leading Wall Street analyst specializing in the healthcare sector. Presently, he holds the position of Managing Director within the Global Healthcare Investment Banking Group at Bank of America. Demonstrating his commitment to giving back and fostering growth opportunities for students, faculty, and staff at the Kelley School, Richter recently established a substantial $5 million endowment dedicated to advancing educational initiatives within the financial industry at the institution.

The "Todd Richter Fund" directs its endowment resources towards five distinct funding areas. This fund extends vital support to both the Dean's Office and the Graduate Finance Department, facilitating their mission to enhance finance education. Additionally, it sponsors graduate fellowships specifically designed for Kelley School students who display an active interest in the fields of finance and securities. Furthermore, the endowment endows two professorships, exclusively bestowed upon faculty members boasting extensive expertise in the realm of securities analysis—a field that enabled Richter to excel in his career. Lastly, the endowment remains flexible, accommodating additional requests within the previously outlined funding streams, as long as bequest dollars are available.

Todd Richter's generous endowment stands as a testament to his enduring commitment to his alma mater and the broader financial industry, ensuring a lasting legacy of support for future generations of aspiring finance professionals.