Old Dominion University alum donates $3M to School of Accountancy

Old Dominion University, located in Norfolk, Va., recently announced a $3 million donation via alumnus Robert Mitchell and his wife.

The gift will go towards improving the School of Accountancy within the school's Strome College of Business. The donation will look to fund student scholarships, accounting majors, and faculty.

"My wife and I are extremely pleased to announce our intention to support the accounting program at ODU's Strome College of Business with a $3 million gift," Mitchell said, per a statement. "We have worked hard to reach a level of success where a gift like this is possible, and we are in a position to give some of today's students the same chance at success."

Mitchell, a 1987 accounting graduate and current owner of his own firm in Vienna, Va., previously donated $100,000 to Old Dominion for the Robert W. Mitchell Scholarship in Real Estate.

"The demand for CPAs is strong, but fewer students are pursuing the master's degree that makes achieving the CPA possible," stated Jeff Tanner, dean of the Strome College of Business. "With this gift, we can support students so they can continue all the way through a master's in accounting. This gift will make it possible to attract top students and will support our ability to recruit and retain high-quality faculty, all of which makes for a stronger program."

For more on Old Dominion's School of Accountancy, head to the University's site here.