First Place Community Foundation fulfills $500K pledge
First Place Community Foundation has made its final $125,000 contribution to fulfill a $500,000 pledge to the Youngstown State University Centennial Campaign.
“The First Place Community Foundation has a history of financial support of Youngstown State University,” said David J. Jenkins, executive director of First Place Community Foundation. “It is with great pleasure that we fund the final piece of our commitment of $500,000. As we present this check at the Williamson College of Business Administration, which our Centennial Campaign Commitment helped to construct, we are thrilled to see the impact that our contribution, as well as that of all the donors, has made to Youngstown State University.”
Seven years ago, First Place Bank via the First Place Community Foundation pledged $500,000 to YSU’s campaign to construct the new Williamson College of Business Administration building. The Student Service Center at the college will be named for First Place Bank.
“We want to thank Dave Jenkins and First Place Community Foundation for their continued and long-standing support of YSU and our students,” said Jim Tressel, YSU acting president. “In particular, we want to acknowledge the Foundation for its generosity in the campaign that helped develop our state-of-the-art, award-winning business school.”
First Place Bank and the First Place Community Foundation have a long-standing history of support for YSU. Through June 2014, funding for YSU has exceeded $700,000, including $36,719 for scholarships, $93,350 for sponsorships, $50,000 for the construction of the Andrews Student Recreation and Wellness Center, $10,000 for Homework Express and $24,000 for Run with the Penguins.
In addition to the financial support of YSU, the First Place Community Foundation has funded more than $1.6 million in other scholarships, including the Paul A. Watson Scholarship Program ($465,000), J.L. Francis Scholarship Program ($168,000), Kent State University, Trumbull Campus ($58,125), Lorain County Community College ($300,000), and Ohio Foundation for Independent Colleges ($160,926).
Jenkins said the First Place Community Foundation is pleased to be a major supporter of higher education in both the Mahoning Valley and throughout Ohio and will continue to fund educational as well as other community needs.