Florida State University College of Law alumnus Steven C. Koegler, a 1970 graduate, and his wife Blanche Koegler have gifted a $1,000,000 life insurance policy to The Community Foundation of Jacksonville with instructions to distribute 25% of the policy proceeds ($250,000) to the law school. The gift will create the Steve and Blanche Koegler Professorship in Business Law. The annual distribution from the endowment shall be used to recruit or to retain an exceptionally productive faculty member in business law, with a preference toward a faculty member with expertise in federal income tax law.

This recent deferred gift follows closely on the heels of a $100,000 cash gift to the law school made by the Koeglers at the end of 2012. The cash gift supplements the existing Steve and Blanche Koegler Scholarship, which was established in 2000 with a $20,000 gift and bolstered in 2004 with a $25,000 gift. The scholarship benefits law students who have financial need and who otherwise could not afford to attend law school. In recognition of the $100,000 cash gift, the Placement Office in the law school’s Advocacy Center has been named the Steve and Blanche Koegler Placement Office.

“Blanche and I are extremely pleased to provide a scholarship fund to students that truly want to continue their education at the FSU College of Law,” said Steve Koegler. “We strongly support the work and opportunities provided by the College of Law and its faculty.”

“We are all extremely grateful to Steve and Blanche for their continued support of the law school,” said Dean Don Weidner. “Their philanthropy directly supports both students and faculty.”

Steve is the Chairman of International Spirits in Ponte Vedra Beach, Florida.