For more than 20 years, the Pacific Life Foundation has recognized an exceptional nonprofit organization with the Walter B. Gerken Community Service Award. Named after Pacific Life’s former chair and CEO, the award comes with a $50,000 unrestricted grant.
This year, the UCI Foundation received the award. After careful consideration, UCI decided to use the award money to support UCI’s Division of Career Pathways. This division is the hub of development and preparation for UCI students, staff, faculty, alumni and professionals. The award will go to fund peer counselors, who are trained to guide and assist other UCI students in utilizing the many career services available to them on campus, helping them identify and pursue meaningful careers after graduation.
The Pacific Life Foundation provided its first funding to UCI in 1986 and, since then, has distributed more than $1.35 million in grants to a variety of schools and programs on campus, including the Claire Trevor School of the Arts, the Center for Investment and Wealth Management, the Paul Merage School of Business, the SAGE Scholars Program, and the UCI Diabetes Center. More recently, Pacific Life Foundation gave a $10,000 gift to the Center for Investment and Wealth Management, which will be used for its LIFEvest Financial Literacy Program.