Rider University alumnus Steven Beckett, Class of 1974, and his wife Sharon McDonald-Beckett have pledged their estate, currently worth $4.5 million, to the school through a planned gift to support full-tuition scholarships for students majoring in accounting.
The gift will provide up to four undergraduate business students per year the opportunity to attend Rider tuition-free. The couple has also pledged additional funds over the next five years to provide one full-tuition, four-year scholarship beginning this academic year to one freshman studying accounting.
Rider has renamed its first environmentally sustainable residence hall the Steven R. Beckett and Sharon A. McDonald-Beckett Village.
Xander Praski, a freshman in Rider’s College of Business Administration from Jackson, was selected as the recipient of the Beckett’s first full-tuition scholarship. Praski’s entire tuition will be covered by the gift and can be renewed for up to four years or until he completes his undergraduate degree.
Steven Beckett is a retired vice president and controller of Tosco Refining Co., one of the largest independent refiners of petroleum products in the United States. Sharon McDonald-Beckett holds a master’s in business administration from Baruch College and is also a certified public accountant. She worked as an independent consultant before her retirement.