Apex for Youth Establishes Norman C.T. Liu Apex Scholarship Fund to Help Asian and Immigrant Students Attend College
Apr 15, 2016
NEW YORK – April 14, 2016 – Apex for Youth, Inc. today announced the establishment of the Norman C.T. Liu Apex Scholarship Fund at its annual Inspiration Awards Gala.
Founded in 1992, Apex for Youth is a not-for-profit organization based in New York City that offers educational and mentorship programs to underserved Asian and immigrant youth in grades 1 through 12. Ten scholarships will be awarded annually for the next five years to help selected high school students attend a college or university.
Norman C.T. Liu is currently Chairman of GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric. With nearly $50 billion in assets and a portfolio of over 2,100 fixed wing and rotary wing aircraft, GECAS is the world’s leading commercial aviation financing company. Liu is a 30-year GE veteran with over 20 years with GECAS. He served as GECAS President and CEO the last seven years. He graduated from Yale in 1979 and from Harvard Business School in 1982.
“Apex for Youth has for many years done outstanding work in New York City and I’m pleased to support their ongoing mission by establishing this scholarship fund to help Asian and immigrant students pursue higher education,” said Liu.
“Both GECAS and Norman individually have been long time patrons for us and I am extremely pleased with this generous personal contribution to our cause,” said Michael Lee, Apex for Youth executive director.
About GE Capital Aviation Services (GECAS)
GE Capital Aviation Services (GECAS) is a world leader in aviation leasing and financing. With over 45 years of experience, GECAS offers a wide range of aircraft types including narrow-bodies, wide-bodies, regional jets, turboprops, freighters and helicopters, plus multiple financing products and services including operating leases, purchase/leasebacks, secured debt financing, capital markets, engine leasing, airframe parts management and airport/airline consulting. GECAS owns or services a fleet of over 2,150 aircraft (~1,840 fixed wing/ ~310 rotary wing) in operation or on order, plus provides loans collateralized on an additional ~400 aircraft. GECAS serves over 270 customers in over 75 countries from a network of 26 offices. www.gecas.com
GE (NYSE: GE) is the world’s Digital Industrial Company, transforming industry with software-defined machines and solutions that are connected, responsive and predictive. GE is organized around a global exchange of knowledge, the "GE Store," through which each business shares and accesses the same technology, markets, structure and intellect. Each invention further fuels innovation and application across our industrial sectors. With people, services, technology and scale, GE delivers better outcomes for customers by speaking the language of industry. www.ge.com
About Apex for Youth, Inc.
Apex for Youth delivers possibilities to underserved Asian and immigrant youth from low-income families in New York City. We recruit working professionals to volunteer and become positive role models who inspire youth to expand their horizons and envision what is possible for their lives. Through mentoring and educational programs that serve students from 1st to 12th grade, Apex volunteers guide and support youth to become confident, be ready for college and give back to the community. http://www.apexforyouth.org
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