The Scholarship Program was begun in 2004, and, to date, 18 students have received the award. Founders of The R. Gene Richter Scholarship Program include: R. David Nelson, Theresa Metty, Jimmy Anklesaria, Bob Calderoni, Bob Monczka, Dennie Norman and Nancy Richter.
In 2005, the Richter Foundation partnered with the Institute for Supply Management™ to expand the program into the largest national scholarship program in the field of supply management.
Winners of the R. Gene Richter Scholarship are awarded tuition assistance of $5,000 (December graduates will be awarded $2,500). In addition, Richter Scholars are enrolled in a mentoring program where they are paired with an established executive in the field. Current-year recipients are invited to attend the Annual International Supply Management Conference sponsored by the Institute for Supply Management™ (ISM) in St. Louis May 4-7, 2008. They will also be the guests of honor at a special Awards Presentation Dinner on Monday, May 5. Richter Scholars will be escorted to this banquet by their mentors. One year after graduation and completion of real-world experience in the field of supply chain management, Richter Scholars are invited to participate in an exclusive, invitation-only Power Conference for the executive leadership of the profession held concurrently during the Annual Conference by the Institute for Supply Management™.
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