Stephen F. Austin State University

$2 million gift gives the Department of Accounting a new name… the Gerald W. Schlief School of Accountancy

Gerald W. Schlief, class of 1970, has made a generous donation of $2 million that will create the Gerald W. Schlief Department of Accounting Endowment Fund. Proceeds from the fund will support distinguished faculty stipends, technology and other capital purchases, support of the program and the pursuit of accreditation for the department. Pending approval by the Texas Higher Education Coordinating Board, the department of accounting will become the Gerald W. Schlief School of Accountancy.

Mr. Schlief is a 1970 accounting graduate of SFA and currently is senior vice president of ATP Oil and Gas Corp., a company that develops and produces oil and natural gas in the Gulf of Mexico and the North Sea. He is a certified public accountant and resides in Houston with his wife, Candace.

“Mr. Schlief’s generosity to his alma mater is remarkable, and will have a long-term, positive impact on students majoring in accounting at SFA,” the SFA president stated. “His gift will help us continue to make our accounting program one of the best in state and will strengthen the public’s awareness of its reputation.”