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VSCPA Educational Foundation awards $59,250 in accounting scholarships, including inaugural scholarship honoring Black CPAs

June 17, 2022

For Immediate Release

Tina Bates, VSCPA
(804) 612 -9416
[email protected] 
Twitter: @vscpanews

Richmond (June 17, 2022) — The Virginia Society of Public Accountants (VSCPA) Educational Foundation recently selected its college scholarship recipients for the 2022–2023 academic year. The VSCPA Educational Foundation is a 501(c)3 nonprofit organization dedicated to promoting business and accounting education, rewarding academic excellence, and encouraging students to pursue promising careers as Certified Public Accountants (CPA). 

This year, the Foundation awarded $59,250 in undergraduate, graduate and doctoral scholarships to 28 accounting college students across Virginia. As part of the VSCPA’s focus on increasing diversity in the CPA profession, the Foundation increased the minority scholarships offered by 25%, and revamped the scholarship selection criteria resulting in a 147% increase in the number of minority student applicants.

In addition, Virginia State University student Indacia Turner of Chesterfield received the first Curtis C. Duke and Dr. Ruth Coles Harris Scholarship honoring the first Black male and female CPAs in Virginia. Over the last year, VSCPA members and donors raised $100,000 for the new scholarship fund.

Turner is pursuing an accounting degree and will sit for the CPA Exam. “I was looking into business, and it was way too general. I knew I wanted something that’s more focused. [CPA] skills are transferable, and I can use them if I have my own company,” said Indacia.

Foundation scholarship applicants must be currently enrolled or have been accepted in an accounting program at an accredited Virginia college or university with the intent to pursue a CPA license. Other selection criteria for the awards include overall academic performance, entry essay, faculty recommendation(s) and/or extracurricular activities. 

VSCPA’s Past President’s/Chair Scholarship ($2,000)
Youjin Lee, University of Virginia

VSCPA Minority Scholarship ($1,500-2,000)
Trinity Burton of Petersburg, Virginia State University
Simranjeet Kaur of Midlothian, Virginia Commonwealth University 
Rebecca Le of Highland, MD, Christopher Newport University
Stephen Nkrumah of Alexandria, George Mason University 
Darrell Pacheco of Charlottesville, University of Virginia Darden School of Business
Nigel Stewart of Waynesboro, Virginia State University 
Ryan VanHorn of Virginia Beach, Old Dominion University
 
VSCPA Undergraduate Scholarship ($1,500)
Angela Blair of Austin, TX, Liberty University 
Kristen Hoberg of Palmyra, Old Dominion University
Olivia Tillett of Blacksburg, Virginia Tech
 
Curtis C. Duke and Dr. Ruth Coles Harris Scholarship ($2,000)
Indacia Turner of North Chesterfield, Virginia State University 
 
CST Group Scholarship ($3,000)
Alina Ponomarenko of Arlington, George Mason University 
 
DHG Scholarship (two awards at $2,500 each)
Madeline Duggan of Davidson, NC, Virginia Tech 
Julia Warshauer of Jericho, NY, Virginia Tech
 
H. Burton Bates Jr. Scholarship ($2,250) 
Jordan King of Wytheville, Radford University 
 
Michael E. Mares Scholarship (two awards at $2,250 each) 
Amanda Baker of Virginia Beach, Old Dominion University 
Justin Seymore of Roanoke, Virginia Tech 
 
MJW Scholarship (two awards at $2,500 each)
Natalie Nguyen of Centreville, George Mason University 
Mariam Farzayee of Fairfax, Virginia Tech 
 
Samuel A. Derieux, CPA, Memorial Scholarship ($1,500)
Carla Quinteros of North Chesterfield, Virginia Commonwealth University 
 
Thomas M. Berry Jr. Scholarship (three awards at $2,000 each)
Nebiyat Endale of Arlington, George Mason University 
Hector Luna of Williamsburg, Virginia Commonwealth University
Esayas Temesgen of Arlington, Virginia Commonwealth University
 
Verus Financial Partner Scholarship ($3,000)
Ainsley Duff of Roanoke, Virginia Tech
 
Virginia Tech Doctoral Scholarship ($3,000)
Karneisha Wolfe of Blacksburg, Virginia Tech

WEC Scholarship ($3,000)
Ethan Paitsel of Roanoke, Roanoke College

YHB Scholarship ($3,000)
Jeffrey Kum of Richmond, Virginia Commonwealth University 
 
The Virginia Society of Certified Public Accountants (VSCPA) Educational Foundation is the premier nonprofit organization dedicated to promoting business and accounting education, rewarding academic excellence and encouraging students to pursue promising careers. For more information on the VSCPA Educational Foundation, its scholarship and award programs, or to make a tax-deductible donation, visit www.vscpa.com/Foundation

ABOUT THE VSCPA

The Virginia Society of Certified Public Accountants (VSCPA) is the leading professional association in the Commonwealth dedicated to empowering CPAs to thrive. Founded in 1909, the VSCPA has nearly 13,000 members who work in public accounting, corporate finance, government and education. For more information about the VSCPA, visit vscpa.com, email [email protected] or call (804) 612-9440.    

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