OREANDA-NEWS. December 6, 2011. Staff, students and campaign representatives were on hand today in the foyer of Sault College's new academic building for an exciting announcement and USD 1 million cheque presentation from Essar Steel Algoma Inc. This gift represents the largest ever private donation in the College's history. To recognize the significance of this gift, the new Academic Wing of the College will now bear the name Essar Hall.
“With this generous gift, Sault College's Inspiring Growth Campaign has now raised USD 3.2 million, propelling our campaign past the 50% milestone towards the USD 6 million goal,” states Jim Boniferro, Campaign Chair. “'There is a significant link between Sault College and local industry in terms of the types of programs offered. Thank you to Essar Steel Algoma Inc. for recognizing Sault College's contribution to our community with this transformational gift.”
“On behalf of the students of Sault College, thank you to Essar Steel Algoma Inc. for this major investment in our future,” states Tyler Epp, Sault College Student Union President.
Since opening its doors in 1965, Sault College has been an integral part of the community, contributing significantly to the educational, social and economic well-being of Sault Ste. Marie and Algoma Region residents and businesses. The support of partners, industry and communities is essential to the success of an educational institution that seeks to grow.
“In countless ways, the support of our community partner Essar Steel Algoma Inc. will guide us as an organization, enrich the relevancy of our curriculum and programming, and will create financial opportunities for advancing education and the learning experience of our students,” states Dr. Ron Common, President, Sault College. “In recognition of this significant donation, Sault College has named its new academic building Essar Hall.”
The donation comes days after Essar Steel Algoma Inc. announced the launch of a USD 5 million Community Investment Fund providing corporate contributions to community charities, foundations and non-profit initiatives.
CEO Jim Hrusovsky states: “We support initiatives that serve to develop a sustained supply of skilled labour, grow future community leaders, promote academic excellence and facilitate lifelong learning for our employees and their families. Sault College embodies our strong belief in education and provides sustainable benefit to Essar Steel Algoma by graduating qualified candidates and delivering meaningful professional development programming.”
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