Alum contributes $1 million to support LL.M. tax students
A UF Law alumnus has contributed $1 million to the UF Law Tax Program to establish The Graduate Tax Assistantship Fund. This gift will help UF Law provide financial aid to LL.M. students in the form of research assistantships.
“We are so grateful for this extraordinary gift to our tax program,” said Dean Laura A. Rosenbury. “This generous financial support enables us to continue to attract outstanding students around the nation and provide them with the financial resources necessary to complete their LL.M. at one of the nation’s top tax programs.”
The donor, a Florida man who wishes to remain anonymous, said a similar scholarship allowed him to attend Florida’s tax LL.M. program.
“The program made a significant influence on where I ended up in my career,” the donor said. “It was the best thing I ever did in education, and I’m glad I can now enhance the program and help the best students and professors.”
Dean Rosenbury said the donation further strengthens UF Law’s tax program.
“We are nationally known for our outstanding tax faculty and our J.D. and LL.M. students who decide to pursue tax careers. This generous endowment means UF Law can attract even more academically gifted tax LL.M. students without regard to financial need,” Dean Rosenbury said.
The gift is part cash pledge and part bequest. The UF Foundation will invest the gift in the form of an endowment so that the principal continues to generate income indefinitely. That income will be used to recruit new students and offer financial support. This gift has the potential to set a standard for support and for the quality of students in the tax LL.M. program.
The donor hopes that the gift spurs others to support UF Law’s tax offerings and its students.
UF Law ranks No. 1 among public school tax programs in the U.S. and ties for third overall, according to U.S. News & World Report. Gifts like these allow UF Law to continue its mission of preparing students for tax careers around the country and world.