Barrick Gold, Western Shoshone Scholarship Foundation ink 10-year extension
ELKO, Nev. — Barrick Gold signed a 10 year extension agreement with the Western Shoshone Scholarship Foundation (WSSF) on March 12 at a ceremony attended by company executives, WSSF Board of Directors and tribal leaders from eight partnering Western Shoshone communities, including the Duck Valley Western Shoshone Paiute Tribe, Duckwater Shoshone Tribe, Te-Moak Tribe of Western Shoshone and its Elko, South Fork and Wells Bands, Ely Shoshone Tribe and Yomba Shoshone Tribe.
According to a Barrick Gold news release, the extension includes a 10-year commitment by the company to fund the WSSF at $1.3 million per year, an investment that will allow the foundation to plan for long-term sustainability and to support qualified scholarship recipients now and for decades to come.
“The scholarship program is an example of how we invest in education to build a diverse pipeline of future talent,” Mark Bristow, CEO of Barrick Gold Corporation said in the news release. “Extending the WSSF partnership agreement for an additional 10 years, will help the tribal communities advance an entire generation.”
Barrick originally signed a collaborative agreement with the tribal and band councils of the eight Western Shoshone partner communities in 2008, establishing the WSSF in the process.
Since, the Foundation has funded more than 1,600 higher education scholarships for Western Shoshone tribal members totaling more than $3,492,000.
“The extension of funding for the WSSF is an example of a strategic long-term investment that has helped many tribal members achieve educational and professional growth and will continue to build capacity for our communities and for Barrick,” Alice Tybo, Vice President of the WSSF board, stated.
The program has also expanded to include the WSSF Alumni Association, established in 2018 to create a valuable network for all scholarship recipients beyond graduation. The Alumni Association will also help the WSSF and Barrick understand outcomes and impacts of the scholarship on recipients and the partner Western Shoshone communities in planning for continuous improvement.
Go to http://www.barrick.com to learn more about the Western Shoshone Scholarship Foundation.