New Scholarships Through BayPort Foundation Open in January

The BayPort Foundation, the charitable arm of BayPort Credit Union, has introduced two new scholarships to benefit Thomas Nelson Community College students, the McGee Family Scholarship and Donald I. Steepe Memorial Scholarship.

Both funds are family gifts as inaugural donors to the BayPort Legacy Giving Program, which honors those who share BayPort's commitment and philanthropic efforts. Of the scholarships, one will benefit an enrolled student and the other, a graduate.

• The McGee Family Scholarship is $2,000 one-time scholarship awarded annually to a student in the College's Early Childhood Development program.
• The Steepe Memorial Scholarship is a $2,000 one-time scholarship awarded annually to a Thomas Nelson graduate pursuing a baccalaureate degree at a four-year college or university.

Applications will become available Jan. 3 for the 2022-2023 academic year and the deadline to apply is March 31.

In its first year, the BayPort Foundation has raised nearly $160,000 to support student scholarships and educational grants in Greater Hampton Roads. Generous contributions from several longstanding credit union members, business partners, official corporate sponsors of the inaugural BayPort Foundation Crawlin' Crab Race Weekend (Cox Business/Cox Media, Newport News Shipbuilding and Staples), race participants, and others made the Foundation's first-year outcome possible.

"The success of our first-year fundraising is a testament that acknowledges BayPort's longtime supporters. Philanthropy is more critical today than it has ever been. We are deeply grateful to our business partners and board members. Without this community support, the Foundation's mission wold not be possible," said Foundation Chairman and BayPort President/CEO Jim Mears in a news release.

About BayPort Foundation
BayPort Foundation is the charitable arm of BayPort Credit Union and was established to extend the credit union's philosophy of "people helping people." The BayPort Foundation's mission focuses on four philanthropic efforts: educational scholarships, financial literacy education, promoting family health and wellness and hardship and emergency assistance in communities where BayPort members live and work. For more information, visit www.bayportfoundation.org.