The University of Hawai'i Foundation received a $250,000 gift to establish the $500,000 Lloyd Fujie/Deloitte Foundation Distinguished Accounting Professorship Endowment Fund at the University of Hawai'i at Manoa Shidler College of Business.

The $250,000 gift was matched through Shidler Matching Funds for a total of $500,000. The Endowed Professorship was established in memory of Lloyd Fujie, a graduate of the Shidler College of Business and former managing partner of Deloitte & Touche LLP, Honolulu office. The endowment will be used to "assist the college in its efforts to recruit and retain faculty of the highest caliber in the area of accountancy," according to a news release.

"We're honored we had the opportunity to work with Lloyd Fujie. He did so much for Deloitte and for the business community — he will be remembered for a very long time," said Paul Higo, managing partner of Deloitte & Touche LLP.

To date, more than 140 donors have contributed to the endowment, including Deloitte & Touche LLP employees in Honolulu and throughout the U.S., and friends and past associates of Fujie. Higo and Deloitte & Touche LLP partner Tertia Freas organized the fundraising effort in honor of Fujie.