Todd Richter Commits $5 Million Gift to Indiana University’s Kelley School

Todd Richter, a 1981 MBA graduate of Indiana University’s Kelley School of Business, has translated decades of Wall Street success into a substantial commitment to the institution that helped shape his career. Through a $5 million pledge from his estate, Richter has established an endowment designed to strengthen finance education at Kelley for generations to come.

The gift is structured to create broad, lasting impact rather than benefiting a single program. Resources are directed across four key areas: the Graduate Finance Department, the Dean’s Office, graduate fellowships for students pursuing careers in finance, and two endowed professorships focused on securities analysis. This balanced approach ensures that both students and faculty benefit from the endowment’s reach.

For students, the fellowships open doors to advanced study that might otherwise be out of reach, easing the financial burden of graduate education while encouraging talented individuals to pursue finance careers. For faculty, the endowed professorships in securities analysis provide the resources needed to attract and retain top academic talent, reinforcing Kelley’s reputation in this specialized discipline.

The Dean’s Office and Graduate Finance Department also receive dedicated support, allowing the school’s leadership to invest in initiatives that keep the curriculum current and competitive in a rapidly changing financial landscape.

Richter’s decision to give back reflects the same values that guided his career: a belief in preparation, expertise, and long-term thinking. Just as he built a reputation over 18 years at Morgan Stanley and more than two decades at Bank of America, his endowment was designed with longevity in mind, built to serve students and faculty well into the future.

For Todd Richter, the gift is more than a financial transaction. It is an expression of gratitude for the education that launched his career, and a vote of confidence in the students who will follow the same path he once took through Kelley’s halls.