Questar Corp. has established an educational foundation and awarded its first grant of $50,000 to Weber State College in the form of an endowment fund.
The company donated about 1,500 shares of its common stock to set up the endowment, said Questar Chairman and President R.D. Cash.Weber will get dividends from the stock for scholarships in engineering, geology and other physical sciences and for building projects.
"By supporting higher education institutions, we can help ensure continued economic development and an improving quality of life in our region," said Cash.
Subsidiaries of Questar include Mountain Fuel Supply Co., Questar Pipeline Co., Questar Service Corp. and Celsius Energy Co.