Bank of Idaho established the Bank of Idaho Endowment Fund Benefiting Higher Education earlier this year.
On Thursday, the Bank of Idaho will further its support with a check presentation to establish a scholarship endowment with the College of Eastern Idaho Foundation, a bank news release said.
The Bank of Idaho has fully supported the conversion of Eastern Idaho Technical College to a community college since the idea was first introduced several years ago, the release said.
Bank of Idaho’s President and CEO Jeff Newgard, along with members of the bank’s governing board, will present the check, the first from its endowment fund, at 11 a.m. Thursday at Bank of Idaho, 399 N. Capital Ave.
“We know that the ripple effect of a community college will benefit every small business in our community in a big way,” Newgard said in the release. “We hope to get the word out about the endowment fund because we aren’t stopping here. Bank of Idaho is proud to support CEI and the pursuit of educational excellence in our community.”
Idaho Falls Mayor Rebecca Casper, Ammon Mayor Dana Kirkham and College of Eastern Idaho officials, foundation directors, and members of the Board of Trustees are expected to be on hand for the check presentation. An informal reception will follow, the release said.
Additionally, the bank’s inaugural “Swing for the Green” golf tournament was held in late June at the Idaho Falls Country Club with 25 teams participating. The tournament will be an annual event, targeting fundraising in support of higher education, which is a catalyst for local growth, the release said.
To contribute to Bank of Idaho’s Endowment Fund for Higher Education, contact Vice President of Market Development Jarod Phillips, by calling 208-524-5500 or via email at firstname.lastname@example.org.