April 24, 2024
Education News Canada

GEORGE BROWN COLLEGE
Wealthsimple Foundation donation funds new $20,000 student entrance scholarship

October 24, 2022

George Brown College and Wealthsimple celebrated our ongoing partnership with an event at the company's head office and the announcement of a $20,000 gift that will fund a new student award. 

Wealthsimple and the Wealthsimple Foundation as a community partner currently hosts GBC students for work-integrated learning opportunities and hires our graduates. Now, the company is strengthening its ties to the college by funding an entrance scholarship that will provide $5,000 in funding each year for four years (find full details below). 

Recently, a team from George Brown and the Student Association visited the Wealthsimple headquarters in downtown Toronto to celebrate the scholarship announcement and to get a first-hand look at the impact our students and alumni are having in their respective industries. George Brown President Dr. Gervan Fearon attended with George Brown Vice-President, Advancement and Foundation President Dr. Cindy Gouveia; George Brown College Foundation Board of Directors member and Wealthsimple Foundation President and CEO Leen Yong Li; Wealthsimple CEO Mike Katchen; and recent George Brown graduate Layo Folami who works at the Wealthsimple Foundation as a Community Engagement Coordinator. The Student Association Director of Operations Dhwani Bhalavat and Director of Communications Sri Krishna Rajan also attended. 

"We are proud to partner with Wealthsimple, a Canadian fintech success story that provides rich work-integrated learning experiences for our students and great career opportunities for our graduates," Fearon said. "Thank you to the Wealthsimple Foundation for this generous gift that showcases our shared passion for providing access to education and opportunity." 

Removing barriers to post-secondary education 

Li sits on the George Brown College Foundation's Board of Directors as Chair of the Finance and Investment Committees. She's also the President and CEO of the Wealthsimple Foundation, an organization dedicated to breaking down barriers to post-secondary education through financial education, funding student bursaries and helping modest-income families access Canada Learning Bond funding. 

"As an employer, I've seen first-hand what GBC students and graduates can do. And as a member of the GBC Foundation's Board of Directors, I understand the vital role the college plays in preparing the next generation of industry innovators and leaders," she said. "The Wealthsimple Foundation is dedicated to removing barriers to higher education. We're pleased to invest in student success and strengthen our partnership with George Brown." 

For more information

George Brown College
P.O. Box 1015, Station B
Toronto Ontario
Canada M5T 2T9
www.georgebrown.ca


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