Student Scholarships

Scholarship Funding

In September 1999, the Oakland-East Bay Chapter learned that the chapter was the beneficiary of a generous gift from the estate of a long-time member of our Chapter. Kenneth Hufford had bequeathed almost $21,000 "for the establishment of a scholarship fund in my name for the Oakland-East Bay Chapter."

Kenneth Hufford was born in Edmonton, Alberta, Canada, and was educated at Montana State University and the University of Colorado. He first joined the National Association of Cost Accountants (a predecessor name for the Institute of Management Accountants) in 1947 while working as a Certified Public Accountant for the San Francisco firm of McClaren, Goode and Co. A resident of Oakland and later Lafayette, Mr. Hufford became one of 118 charter members of the Oakland-East Bay Chapter when it "split off" from the San Francisco Chapter and received its Charter in 1952.

After retiring from the accounting profession, Mr. Hufford stayed active as a musician in a band playing for nursing homes. He passed away in Lafayette in 1997 at the age of 85. His wife predeceased him, and he had no children. A generous man, Mr. Hufford named 30 charitable organizations as beneficiaries of his estate. The Oakland-East Bay Chapter is proud to be one of those beneficiaries, and to honor this man by supporting the accounting education of deserving local students.

The Chapter has established guidelines for prudently investing the fund assets and for awarding annual scholarships to local college students. 

Student Scholarship Presented