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Release: Jan. 24, 2000

Law professor is named to endowed chair in income tax law

IOWA CITY, Iowa -- University of Iowa College of Law Professor Larry Ward has been named the first holder of the Orville L. and Ermina D. Dykstra Chair in Federal Income Tax Law. The new endowed faculty chair was made possible by a major stock gift to the college in 1997 by the named benefactors, who live in Walnut Creek, Calif.

Ward has taught income tax courses regularly at the college since joining the law faculty in 1972. He has served as the college's Aliber Professor of Law since 1986.

"Naming Larry Ward to the Dykstra chair is an appropriate way to recognize his many accomplishments as a teacher and a scholar of income tax law," says N. William Hines, dean, UI College of Law.

"Professor Ward has had a distinguished career at Iowa as a federal income tax teacher and scholar. He has also had a long and productive relationship with the Tax Section of the Iowa State Bar Association and has helped provide high quality continuing education in tax law for Iowa lawyers," Hines says.

Orville Dykstra graduated from the Iowa law school in 1936, and he specialized in income tax law with the firm of Dykstra, Swift and Brown in Des Moines from 1942 to 1957. He left Iowa to serve as financial vice president and treasurer for San Francisco-based Utah International Inc. before retiring in 1971. During the 1940s and 1950s, Dykstra was a leader in organizing the annual Tax School sponsored by the Iowa State Bar Association.

When the Dykstras created the endowed chair in the law school, Orville Dykstra said he'd always "felt an obligation to give something back to the UI College of Law, because I owe my accomplishments and success to my legal education."

The Dykstra's gift is one of the largest leadership gifts received to date for the college's $25 million endowment campaign, according to the Iowa Law School Foundation.

The Iowa Law School Foundation is the preferred channel of support for private gifts to the UI College of Law. The Law Foundation works with alumni, friends, law firms and corporations to assist them in providing support to the college's students, faculty and programs.

The University of Iowa Foundation, the UI's campus-wide fund-raising organization, serves as the channel of support to the Iowa Law School Foundation by providing professional and technical support services.