CW Associates, CPAs, based in Honolulu, Hawaii, has announced that their annual accounting scholarship at the Shidler College of Business at the University of Hawaii at Manoa has been upgraded to an endowment.

CW Associates donated $50,000 to elevate its annual scholarship to an endowment. Launched in 2014, the original scholarship has been awarded to eight students.

“I’m grateful to CW Associates for generously supporting our accounting students over the years,” stated Shidler College of Business dean Vance Roley. “By elevating the annual gift to an endowment, the CW Associates scholarship will continue to grow and provide many scholarship opportunities to accounting students in the future.”

All five of CW’s partners and many of its staff members are graduates of Shidler’s School of Accountancy. CW has regularly provided internships and job opportunities to Shidler accounting students over the years, as well as sponsoring the Special Student in Accounting Award at the college’s Business Night and supporting its Hall of Honor Awards.

“As students working hard to pay for tuition many years ago, endowing a scholarship at the Shidler College of Business was beyond our wildest dreams,” said Carleton Williams, CW’s founding partner, in a statement. “Giving back means so much to us. Thank you to the professors and administrators who contributed to our ability to do so. We are forever grateful.”

For more on CW Associates, head to the firm’s site here.

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