Amid a year of relatively increased awareness regarding DePaul’s financial state, the annual 990 is one of the few pieces of information publicly available that outlines the private institution’s finances. As a non-profit organization, DePaul is exempt from paying federal and state income taxes but is required to disclose its financial status through a Form.
The DePaulia
Ella Lee, Print Managing Editor|March 10, 2021
Richard Driehaus, a DePaul alumni whose giving spirit led the university to rename its business school in his honor, died Tuesday at 78, the university confirmed Wednesday.
“Richard was an inspirational member of the DePaul University community who devoted so much of his life’s focus to the university and our students,” DePaul President A. Gabriel Esteban said in a statement. “His was the quintessential DePaul story – a son of the South Side of Chicago who learned the value of work early as a newspaper delivery boy.”
Driehaus was born in Chicago and earned both bachelor’s and master’s degrees in business from DePaul in 1965 and 1970, respectively. Upon graduation, he worked in institutional trading at A.G. Becker before founding Driehaus Capital Management LLC in 1982, the Chicago Tribune reported.