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A $1 million gift awarded to Lipscomb University is set to fund four-year scholarships for students.
According to a press release, The Slawek Family Opportunity Scholarship Fund will be made possible via a gift from Joe and Mary Slawek, co-founders of FONA International (a subsidiary of McCormick Flavor Solutions). The fund will go toward tuition targeting first-generation college students.
Recipients of the scholarship can receive additional resources such as academic success coaching, mentoring and tutoring.
In 2021, the family donated $1 million to the Lipscomb University College of Business, for which Joe Slawek is a frequent guest speaker
“Joe and Mary Slawek have made a tremendous investment in the lives of students who might otherwise face significant barriers to higher education,” Lipscomb President Candice McQueen said in the release.
“Their generosity reflects their deep commitment to making a Christian education attainable for all who seek it and will have a lasting impact on our community. Their legacy will inspire future generations of students and serve as a testament to the transformative power of Christian education. We are profoundly grateful for their continued partnership in our mission to prepare students for lives of purpose and faith.”
The Transit Alliance of Middle Tennessee Board of Directors has named Stephanie Tillman and Mary Vavra chair and vice chair, respectively.
According to a release, David DeVaul, senior vice president at Pinnacle Bank, will remain treasurer, with Charles Sueing, president and CEO of Charles Sueing Insurance Agency, to remain as secretary.
Tillman serves as director of business development at Franklin-based TMA Group, while Mary Vavra works as senior urban planner/landscape architect at Barge Design Solutions.
“The Transit Alliance is thrilled to welcome Stephanie and Mary as Board Officers,” said Jessica Dauphin, Transit Alliance president and CEO. “Both were members of the Alliance board last year and helped the organization reach new levels of success. We thank them, David, and Charles for their services and look forward to another banner year.”
The Transit Alliance of Middle Tennessee capped 2024 with completion of the 26th Transit Citizen Leadership Academy and the hosting of the inaugural Breakfast for Better Mobility, which awarded the Transit Champion of the Year to Nashville Mayor Freddie O’Connell and Transit Development of the Year to the North Nashville Transit Center.
Nashville-based Pathway Lending has announced that it has been awarded a $60,000 grant from U.S. Bancorp Impact Finance, a subsidiary of U.S. Bank.
According to a release, the funding will support Pathway’s real estate development programs in Tennessee, which aim to advance equity, provide technical assistance to underrepresented communities and address the state’s affordable housing challenges.
“Through comprehensive training, mentorship, financing and the building of peer networks, we’re equipping emerging real estate developers to create meaningful change in Tennessee’s underserved communities,” Leslie Hayes, Pathway senior vice president of entrepreneurship and education, said in the release.
“Impact Finance’s support helps us to bridge critical gaps in expertise and funding, enabling emerging developers to bring much-needed affordable housing projects to life.”
Pathway Lending bills itself as Tennessee’s largest non-depository community development financial institution. Since its launch in 2020, Pathway Lending’s Emerging Developer Community has served 140 aspiring and experienced real estate developers. To date, 95 percent of those students are developers of color and more than one-third of the developers are women.
According to a release, Pathway has generated more than $1 billion in economic impact, having financed more than 1,500 businesses, delivering more than $525 million in direct lending through its small business, affordable housing, and climate-related loan funds. These efforts have supported more than 30,000 jobs, created 2,400 affordable housing units and generated an estimated $9.8 million in annual energy cost savings.
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