ALAMOSA—San Luis Valley Federal Bank’s Board of Directors approved a contribution to the Trinidad State Junior College Foundation in the amount of $25,000. “We appreciate the important role Trinidad State plays in meeting the educational needs of students in the San Luis Valley. Our board was happy to make an investment in our scholarship program that will benefit students who are members of the bank for many years to come, said bank President Duane Bussey. We extend thanks to all of our members who do business with the bank that allows this type of support to be given.” The money will be matched by the TSJC Foundation at 100 percent to double the bank’s endowment.
“This is truly an exciting day. Please know that Trinidad State is so grateful for the support we receive from local businesses in the San Luis Valley, especially from SLV Federal Bank. This new, endowed scholarship will be a tremendous asset for future students who want to pursue an education in the Valley with Trinidad State. On behalf of the College and these future students, thank you!” said Dr. Simone, TSJC president.
Toni DeAngelis, TSJC educational foundation executive director added “One of the goals of the TSJC Educational Foundation has been to increase the number of endowed scholarships earmarked for TSJC Valley Campus students in order to financially assist students to meet their educational goals. Thanks to the foundation’s private matching fund for scholarships gifts of $5,000 or more earmarked for new or current endowed scholarships, we were able to offer a dollar-for-dollar match to San Luis Valley Federal Bank. The bank leveraged this opportunity taking their initial gift of $25,000 to a total endowment of $50,000 after the matching funds. Through the establishment of the endowed scholarship, San Luis Valley Federal Bank’s legacy and commitment to the local community are forever rooted in the framework of the foundation and college. The long-term benefits of San Luis Valley Federal Bank’s generous investment in the scholarship program are the educational opportunities afforded to future generations of students in the San Luis Valley.”