The Scholarship was originally established in 2002 by the faculty of the George W. Daverio School of Accountancy in memory of Dr. Henry Efebera, who served as an Assistant Professor of Accounting from fall semester 1999 until his untimely death in 2002. In 2012, Yvonne, established The Dr. Henry Efebera Memorial Endowed Scholarship thus establishing a legacy to an exceptional professor. The fund provides one scholarship annually to an undergraduate student majoring in accounting.