 A supporter of Georgia Southern University, his company created the "Gulfstream Scholarships" in engineering technology and as a major benefactor, the University named the "Allen E. Paulson College of Engineering and Information Technology" in his honor as well as the Allen E. Paulson Stadium.Allen E. Paulson died in 2000 in hospital near La Jolla, California from cancer at age 78.He is interred at the Forest Lawn Memorial Park in Glendale, California.