Coast Capital Savings has donated $500,000 to support Surrey students at Kwantlen Polytechnic University. From left: Steve Lewarne, CEO KPU Foundation; Tracy Arnish, chief member and employee experience officer at Coast Capital Savings; Marlyn Graziano, vice-president of external affairs at KPU; Dr. Alan Davis, president and vice-chancellor at KPU; and Tim Grant, vice-president of development at PCI Development. (Photo: KPU)

Coast Capital Savings donates $500K for Surrey students at KPU

Bursaries provided to Newton, Whalley, Surrey Central or Guildford residents

Coast Capital Savings has donated $500,000 to support Surrey students at Kwantlen Polytechnic University.

The Coast Capital Savings/PCI Development Endowment, according to a release from KPU Wednesday (March 6), will generate $25,000 annually to provide five $5,000-bursaries each year to support Newton, Whalley, Surrey Central or Guildford residents who are enrolled at KPU.

The new donation came from negotiations between Coast Capital Savings and developer PCI when planning the credit union’s new King George Boulevard headquarters, according to the release. The bursary eligibility criteria, reads the release, “reflect the donor’s wish to help students from neighbouring communities.”

“Coast Capital Savings has a rich history as a corporate citizen here in Surrey. With our new building, we have made the conscious decision to put down even deeper roots in the city,” said Tracey Arnish, chief member experience officer at Coast Capital Savings.

“It was important to us that we do something tangible to celebrate our new home, our community and the youth who live and go to school here. This endowment signifies our commitment to building strong, educated and thriving communities for our young people. We are excited to see the great things that this investment will continue to do for the students who receive these bursaries.”

The release says this is the second time Coast Capital Savings has donated “a major gift to support students at KPU.”

In 2009, the company donated $1 million. At the time, the release reads, it was “the largest single donation received by KPU and the biggest single community investment for Coast Capital.”

“Coast Capital Savings was among the first truly transformational donors to the university in its early years,” said Steve Lewarne, executive director of advancement and CEO of the KPU Foundation. “With more than $1.7 million gifted to KPU over the years, Coast Capital Savings has almost $1.3 million in endowed funds with the KPU Foundation.”



lauren.collins@surreynowleader.com

Like us on Facebook Follow us on Instagram and follow Lauren on Twitter

Just Posted

City gauging support for shuttle service in one North Delta neighbourhood

The City of Delta will be sending surveys out to Sunshine Hills residents in the coming weeks

North Delta crime beat, week of June 2

A selection of property crimes submitted weekly by the Delta Police Department

VIDEO: 5X Festival takes over Surrey’s Central City plaza

Second annual event draws thousands of people throughout the day

VIDEO: Plane makes forced landing on Highway 17 in Surrey

Police say no one was injured and no damage to aircraft or vehicles

Semiahmoo First Nation opens cannabis dispensary

Indigenous Bloom partners with First Nations

10 facts about Father’s Day

Did you know that the special day for dads was first celebrated in 1910?

B.C. VIEWS: When farmland protection doesn’t protect farmers

Secondary residences aren’t mansions, families tell Lana Popham

Bombers down B.C. Lions 33-23 in season opener

Former Lion Andrew Harris leads Winnipeg with 148 rushing yards

Northern B.C. family remembers murdered Indigenous woman with memorial walk

Still no closure for Ramona Wilson’s family 25 years later

Pride flag taken down by Township of Langley

Woman said she was told it was removed from her front yard because of a complaint

B.C. university to offer mentorship program for former youth in care

Students using the provincial tuition waiver program will soon be able to form a community at KPU

Cyclists competing in one of the toughest bike races on the planet pass through Fernie

Divide riders looking strong as they finish first leg of 4160 km race

You might not know these B.C. records are public

Hired a lawyer to file a civil claim? Those are published online

B.C. bus driver loses case to get job back after texting while driving full bus

An arbitator ruled that Tim Wesman’s phone usage was a “a reckless disregard for public safety”

Most Read