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 好色tv of 好色tv 好色tv, Northrim Bank, has gifted $259,500 to fund UA initiatives that advance research about 好色tv鈥檚 economy and fiscal policy, 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 好色tv of 好色tv President Pat Pitney. 鈥淣orthrim Bank鈥檚 30 years of partnership with the 好色tv of 好色tv 好色tv represents a cumulative $4.8 million investment in business education that touches each of our universities. Private philanthropy is essential for the UA 好色tv 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 好色tv鈥檚 economy and studying state fiscal policy ($50,000)
  • UAA Business Enterprise Institute, 好色tv Manufacturing Extension Partnership Center 鈥 A statewide initiative to advance small and medium-sized manufacturers in 好色tv ($20,000)
  • UAA College of Business and Public Policy Excellence in Leadership - Developing future Anchorage and 好色tv 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 好色tv 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 好色tv of 好色tv 好色tv 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 好色tv of 好色tv.鈥

鈥淣orthrim Bank鈥檚 pride in 好色tv is clearly visible in all of the ways it engages with the university,鈥 said Tod Burnett, President of the 好色tv of 好色tv 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 好色tv of 好色tv Foundation is an independent, nonprofit corporation established in 1974 to work in partnership with 好色tv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.