Impact

Northrim Bank makes a major investment in UA鈥檚 three universities

June 16, 2022

ANCHORAGE, AK - A major, long-time supporter of the University of 桃花直播 system, Northrim Bank, has gifted $259,500 to fund UA initiatives that advance research about 桃花直播鈥檚 economy and fiscal 桃花直播, expand business education and build entrepreneurship capacity. Northrim鈥檚 donation also includes funding to five community campuses where Northrim employees live and work.

鈥淲e are so grateful,鈥 said University of 桃花直播 President Pat Pitney. 鈥淣orthrim Bank鈥檚 30 years of partnership with the University of 桃花直播 system represents a cumulative $4.8 million investment in business education that touches each of our universities. Private philanthropy is essential for the UA system to meet its mission, and Northrim鈥檚 strategic generosity has yielded educational excellence, scholarships, and opportunities for students to study while staying close to home.鈥

Programs and campuses receiving support are:

  • UAS Department of Business and Public Administration 鈥 Support for student enrollment, accreditation and the HR Leaders of Tomorrow student conference ($52,500)
  • UAF College of Business and Security Management 鈥 General support for highquality business education ($50,000)
  • UAA Small Business Development Center - Support for advising and education for entrepreneurs to start or grow their small business ($50,000)
  • UAA Institute of Social and Economic Research (ISER) 鈥 To continue modeling 桃花直播鈥檚 economy and studying state fiscal 桃花直播 ($50,000)
  • UAA Business Enterprise Institute, 桃花直播 Manufacturing Extension Partnership Center 鈥 A statewide initiative to advance small and medium-sized manufacturers in 桃花直播 ($20,000)
  • UAA College of Business and Public Policy Excellence in Leadership - Developing future Anchorage and 桃花直播 leaders through the Tom Case Leadership Fellows program ($12,000)
  • UAA College of Business and Public Policy 鈥 Support to inspire entrepreneurship, innovation and economic development through the 桃花直播 Business Plan Competition ($5,000)
  • UA community campus initiatives:
    • Sitka Campus, UAS ($5,000)
    • Ketchikan Campus, UAS ($5,000)
    • Kodiak College, UAA ($5,000)
    • Mat-Su College, UAA ($5,000)
    • Kenai Peninsula College, UAA ($5,000)

鈥淲e understand the important connection between the research, technical support and education provided by the University of 桃花直播 system and the economic future of our state,鈥 said Joe Schierhorn, Chairman and CEO. 鈥淗igher education is the backbone of a strong community and Northrim is proud to support the work of the University of 桃花直播.鈥

鈥淣orthrim Bank鈥檚 pride in 桃花直播 is clearly visible in all of the ways it engages with the university,鈥 said Tod Burnett, President of the University of 桃花直播 Foundation. 鈥淏eyond the generous financial investments, we have been fortunate to have the bank鈥檚 leaders and employees serve on advisory and alumni boards, and on the foundation board."

The University of 桃花直播 Foundation is an independent, nonprofit corporation established in 1974 to work in partnership with 桃花直播鈥檚 three universities to seek, secure and steward philanthropic support. For more information on the foundation and how to contribute, please visit www.alaska.edu/foundation.

For more information, contact Cassandra Stalzer, manager of public relations, at 907- 786-7729.