Impact

Northrim Bank makes a major investment in 多多直播鈥檚 three universities

June 16, 2022

ANCHORAGE, AK - A major, long-time supporter of the University of Alaska system, Northrim Bank, has gifted $259,500 to fund 多多直播 initiatives that advance research about Alaska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 University of Alaska President Pat Pitney. 鈥淣orthrim Bank鈥檚 30 years of partnership with the University of Alaska system represents a cumulative $4.8 million investment in business education that touches each of our universities. Private philanthropy is essential for the 多多直播 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:

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

鈥淲e understand the important connection between the research, technical support and education provided by the University of Alaska 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 Alaska.鈥

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