CSUB receives $1 million pledge to establish corporate social responsibility fellowship

For all the good expected to come of recent investments in fostering local entrepreneurship, none of them explicitly promotes business as a tool of social benevolence — until now.

A $1 million endowment disclosed this week will fund a series of two-year fellowships allowing a Cal State Bakersfield professor, together with a student assistant and possibly others, to perform and share research on how profitable ventures can deliver good on a level transcending shareholder value.