Richard B. Dinsmore, who died December 2, 1997, had already given CSU, Chico $220,000, bringing his total gift to the university to $1.6 million.
The gifts have established the Richard and Ruth Dinsmore Scholarship Fund to benefit CSU, Chico students.
Ruth Dinsmore, who preceded her husband in death, worked at the library at CSU, Chico in the 1950s and 1960s. Richard Dinsmore worked as an electrician for PG&E in the Chico area, having learned his trade while serving in the Navy during World War II. The couple later settled in Lodi.
An unassuming man who loved hunting and fishing, Dinsmore never attended college. Nevertheless, he was impressed by the bright, ambitious college students he saw in Chico and wanted to assist them. Through a lifetime of wise investing, he was able to do so.
"Scholarships make the dream of attending college a reality for many Californians," said CSU, Chico President Manuel Esteban. "This gift will touch the lives of a great number of Chico State students in the years to come."