Edison International has awarded a $1 million scholarship endowment to the Honors College at California State University, Los Angeles (CSULA). The first two students will be presented scholarships next week at a news conference.
Edison International Chief Executive Officer Ted Craver and CSULA President James M. Rosser will recognize students Yulan Lin, 17, of Arcadia, and Francisco Sepulveda, 18, of South Gate, at 10 a.m. on April 2, at the Golden Eagle Conference Center on the CSULA campus. The university is located at 5151 State University Drive, Los Angeles, California 90032.
“At Edison International, we recognize that higher education is a transformative tool,” said Craver. “For people of all cultures, education changes lives. Education empowers communities and fuels the future. I am deeply honored that Edison International is able to play a small but impactful role in the success of Edison Scholars Yulan and Francisco, two bright and driven students.”
Edison International places special emphasis on awarding scholarships to underrepresented and underserved students pursuing careers in science, technology, engineering and math (STEM). In 2012, the company donated $19.2 million in philanthropic support, including $10.8 million to educational programs, all from shareholder dollars.The Edison Scholars endowment will provide a stable base and support for Honors College students in perpetuity. Edison International’s leadership gift has already helped raise an additional $1 million in gifts and pledges for the Honors College at CSULA, one of the most ethnically diverse and comprehensive universities in the country. “With this generous gift, Edison International has again raised the bar for all of us who stand committed to improving education now and in the near future, as the country continues to address 21st century challenges,” said Rosser. “Through Edison’s support, gifted CSULA Honors College students, like our first Edison Scholars Yulan and Francisco, will have the opportunity to become better leaders within their chosen STEM fields. These segments of the workforce are not only on the frontline of the strengthening economy, but also enable other industries to function at the high technological level today’s workforce demands.”