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Peirce Alumnus Establishes Memorial Fund for HRM


Peirce Alumnus Establishes Memorial Fund for HRM

Matlock-Turner to give keynote address at Peirce's 149th Commencement Ceremony, June 9, 2014

PHILADELPHIA, June 20, 2012 -- 
Peirce College, Philadelphia’s leading private, non-profit, four-year accredited institution for working adult learners, announced that Albert G. Cederstrom, Jr., a member of the Class of 1943, has pledged a $50,000 contribution to the College to establish the “Albert G. Cederstrom and Emilie I. Cederstrom Memorial Fund for Human Resource Management.”

The gift is being made in honor of his parents and in appreciation of the role Peirce played in his own professional achievements.

“Mr. Cederstrom credits Peirce with his success. He understands the importance of giving back and the benefits of higher education, as well as supporting the next generation of college graduates. He is extremely passionate about the human resources profession, which he believes provides a well rounded view of life,” said Charles Wright, III, Vice President, Institutional Advancement at Peirce College.

Mr. Cederstrom, Berwyn, PA, announced his gift as he was accepting the Peirce College Alumni Association’s 2012 Distinguished Alumni Award. The Award was bestowed in recognition of the impact he has had on Peirce, his community, and his profession over the years. In addition to serving on Peirce’s Alumni Association Board of Directors, Mr. Cederstrom has been a generous donor and a dedicated volunteer for decades. In 1996, he was honored as a member of Peirce’s Wall of Fame.

Mr. Cederstrom’s many professional achievements were accomplished during a 38-year career with Gulf Oil/Chevron that took him from the Philadelphia area to Houston, Texas. Before retiring in 1986, he held a variety of business analyst, accounting, and human resources positions with the company. It was Mr. Cederstrom’s keen interest in developing the next generation of HR professionals, combined with his respect for Peirce’s Human Resource Management program, which led to his generous gift.

During his announcement, Mr. Cederstrom shared his thoughts on the strong feelings he has for his alma mater. “Two essential ingredients of the bond between alumni and school are pride and gratitude. Pride in the quality of education given by the institution. Gratitude by the graduate expressed by annual giving and participation in Peirce programs and activities … The new Peirce alumni are going to be there, equipped to do the work, solve the problems, and provide excellent management,” he said.

“We are grateful to Mr. Cederstrom and thank him for his leadership in making a gift that will positively impact so many members of the Peirce learning community on their path to degree completion,” Wright said.

About Peirce College
Peirce College offers bachelor’s and associate degree programs in the areas of Business, Healthcare, Information Technology, and Legal Studies, and a Master of Science in Organizational Leadership & Management. Located in the heart of Philadelphia, Peirce is a non-profit institution that specializes in serving the unique needs of working adults, many of whom work full time and are raising families. Peirce College is accredited by the Middle States Commission on Higher Education, 3624 Market Street, Philadelphia, Pennsylvania, 19104 (phone: 267-284-5000). The Accreditation Council for Business Schools and Programs accredits the College's Business Administration and Accounting programs; the Paralegal Studies program is approved by the American Bar Association; and the Health Information Technology program is accredited by the Commission on Accreditation for Health Informatics and Information Management Education.

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