The Juneau School District is pleased to announce a new endowment fund to support Juneau’s students– the Coeur Alaska Kensington Mine’s Juneau Schools Endowment. The fund was created with an initial $125,000 contribution and will support extracurricular programs for the district’s K-12 students. The Juneau Community Foundation will manage the endowment.
Coeur Alaska, owner and operator of the Kensington Mine, has been a part of the Juneau community since 1987. The company is a strong supporter of educational and youth activities and has made monetary donations on an annual basis to many sports teams, clubs, groups, activities, and special projects. The new endowment creates a mechanism to provide long-term sustainable support to Juneau’s school district and students.
“Our goal is to bring lasting value to the community in which we work and live. It’s important for us to leave a positive legacy that supports the next generations,” said Rochelle Lindley, Coeur Alaska External Affairs Manager. “The establishment of the endowment fund will enable Coeur Alaska to continue financially supporting Juneau’s students long beyond our life of mine.”
The fund’s creation comes at a pivotal time for the Juneau School District, which has faced budget challenges in recent years. With $100,000 donated by Coeur Alaska, and $25,000 generously donated by Coeur Alaska’s partner Triple Flag Precious Metals Corp, the fund will grow in perpetuity to provide support for the district’s auxiliary programs.
“On behalf of the students, staff, and families in the Juneau School District, I would like to express our gratitude to Coeur Alaska for their generous support of student extracurricular programs in the district,” said Frank Hauser, Superintendent of the Juneau School District. “Extracurricular activities play an important role in student engagement and achievement, and we thank Coeur Alaska for supporting our students now and into the future.”
The Juneau Community Foundation extends its gratitude to Coeur Alaska for its commitment to Juneau’s students. “We’re excited to partner with Coeur Alaska to support student activities throughout our school system,” said Amy Skilbred, Executive Director of Juneau Community Foundation. “Investing in our youth strengthens our entire community.”
Photo: Coeur Alaska — Lion’s Head Mountain
About Coeur Alaska:
Coeur Alaska’s Kensington Mine is an underground, hard-rock gold mine located in the Berners Bay Mining District, 45 miles north-northwest of Juneau. Coeur Alaska employs approximately 380 people and is the second-largest employer in the City and Borough of Juneau. Coeur Alaska, Inc. is a wholly-owned subsidiary of Coeur Mining, Inc., a U.S.-based, well-diversified, growing precious metals producer with four wholly-owned operations: the Palmarejo gold-silver complex in Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska, and the Wharf gold mine in South Dakota. In addition, the Company wholly-owns the Silvertip polymetallic critical minerals exploration project in British Columbia.
