STOCKTON – A new endowment at the University of the Pacific will honor the memory of William K Chase and establish a new scholarship to support the academic pursuits of students in its Community Involvement Program (CIP).
The family auto dealership’s gift of $250,000 was matched by the school’s Powell Fund, bringing the total endowment to $500,000.
“My father was a kind and generous man who passionately believed in paying it forward,” John W. Chase, the third-generation owner of Chase Chevrolet in Stockton said in a press release. “I wanted to pay tribute to him in a way that reinvests in the community and creates opportunities for local youth – with tremendous potential – for generations to come.”
The William K. Chase Scholarship will be awarded each year to two CIP students who exhibit a strong work ethic and noteworthy achievements despite socio-economic challenges... Read More