Ontario Tech University receives $2.2 million donation from Tribute Communities
Donation will support Ontario Tech’s commitment to delivering student success
June 3, 2021
A new series of scholarships funded by Durham Region-based real estate developer Tribute Communities will help the next generation of Ontario Tech University students achieve their academic dreams.
Through a generous gift of $1 million to Ontario Tech, the company established 100 Tribute Communities Scholarships, valued at $10,000 each. These awards will expand access to university for students with financial need and ensure success throughout their studies. Starting at $1,000 in first year, as students progress the scholarship value increases by $1,000 each academic year, rising to $4,000 in fourth year. The first 25 scholarship recipients started at Ontario Tech in September 2020.
In addition to the $1 million scholarship program, Tribute Communities donated the historic Stone House to Ontario Tech University. Located at 2370 Simcoe Street North in Oshawa just north of Brittania Avenue, the structural landmark was previously owned by General Motors Canada founder Colonel R.S. McLaughlin, and later by championship racehorse breeder E.P. Taylor, owner of Windfields Farm, home of Canada’s famous thoroughbred Northern Dancer. The Stone House will become a venue for small events and meetings at Ontario Tech.
Ontario Tech and Tribute Communities share a commitment to excellence through the pursuit of innovation and a desire to build and strengthen the community. By working together, a greater number of students will receive access to a university education at Ontario Tech, equipping them with the resources, tools, knowledge and experience they need to succeed.
Quotes
“I believe in the importance of Ontario Tech University as a key contributor to the local economy and as a training ground for the next generation. Giving back to the communities associated with Tribute is fundamental to my philosophy of being fully engaged in the neighbourhoods where we work. I am pleased Tribute Communities is able to support the success of Ontario Tech students who will go on to create amazing opportunities in their own communities.”
-Al Libfeld, President, Tribute Communities
“Tribute Communities sees the value of investing in and empowering the next wave of leaders and innovators. Tribute’s generosity in creating these significant awards demonstrates their confidence in Ontario Tech students. The gift of the Stone House connects the rich history of two of Oshawa’s most prominent entrepreneurs and innovators, E.P. Taylor and Col. R.S. McLaughlin with Ontario Tech University. Together with Tribute Communities we are building on the legacy of innovation in this region and beyond.”
-Dr. Steven Murphy, President and Vice-Chancellor, Ontario Tech University