St. John Fisher to use $1 million donation to boost accounting program

St. John Fisher College plans to use a $1 million donation for technology and scholarships for the accounting program in its School of Business.  John Almeter, who graduated from St. John Fisher in 1971, and wife, Carol, a 1974 graduate, donated the funding, the school said.  The donation will support two separate funds for the program. […]

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St. John Fisher College plans to use a $1 million donation for technology and scholarships for the accounting program in its School of Business. 

John Almeter, who graduated from St. John Fisher in 1971, and wife, Carol, a 1974 graduate, donated the funding, the school said. 

The donation will support two separate funds for the program. The John and Carol Sloan Almeter Accounting Scholars Fund will help accounting students offset the cost of tuition, enabling the school to attract the “best and brightest” students into the program. The John and Carol Sloan Almeter Fund for Accounting Innovation will allow the School to invest in technologies and resources in areas including data analytics, accounting information systems, and forensic accounting. It will also support faculty training and curriculum development, executives-in-residence who can bring significant expertise and networks to the program, speakers, and software and technology acquisitions and training for faculty and students.

“In our business lives, we’ve seen what innovation and technology can enable someone to accomplish, and we know that the body of knowledge required of today’s students is expanding rapidly,” John Almeter said. “Through this gift we hope to open doors into the fields of analytics and artificial intelligence and fund resources that will enhance analytical thinking and creativity for faculty and students.”

The Almeters, who met while volunteering at an alumni phone-a-thon in 1978, have a long history of supporting the College. 

They have opened their home for gatherings of alumni and students in the Atlanta, Georgia region. They have also served as chairs of the Fisher Alumni Fund; were co-captains of the Southeastern region during the College’s Vision 2020 fundraising campaign; and are charter members of the Spire Society, the College’s leadership giving society. 

In 2018, the School of Business awarded John, a certified public accountant (CPA) and retired construction executive, with the Lifetime Achievement Award for his contributions to the accounting profession and continued support for the College.

“We cherish the foundation in accounting and business education that we received, along with the lifelong relationships we have formed through Fisher,” Carol Almeter said. 

A “trailblazer in her own right,” Carol Almeter was among the first women graduates of St. John Fisher College and is now a licensed realtor in the Atlanta area. 

“It is our hope that these gifts will support learning and growth through technology resources and provide a Fisher accounting education for those who will benefit from it most,” she added.

“We are so grateful to John and Carol for offering their support to the Fisher Forward campaign and to the School of Business,” Gerard Rooney, president of St. John Fisher College, said. “Through their generosity, the accounting program, which has been a source of immense pride and distinction for the College and for our alumni, will have the resources to evolve and continue to deliver a cutting-edge education for future Fisher accountants. This will build on our tradition of excellence in accounting education and in graduating practitioners who will become leaders in the field. Additionally, the gift will enable us to provide access to students who will be best served by our AACSB-accredited accounting program.”

In the last decade, more than 530 students have majored in accounting at St. John Fisher and nearly all accounting graduates are employed before graduation and/or accepted into graduate school; or they find full-time employment within three months of graduation. 

The Fisher accounting alumni network has graduates working at firms that include PricewaterhouseCoopers; Deloitte; Ernst & Young; and KPMG, as well as the Bonadio Group, Harris Corporation, Paychex, Constellation Brands, and Insero & Company, the school said.                      

Eric Reinhardt: