The

 

 
  
 

 

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January 8, 1985

ad Hatter

ouglas College Newsletter.

 

The students of Douglas College have
some heavy hitters going to bat for

them to help keep the cost of their

education down.

The Vancouver Foundation, an organi-
zation famous for its philanthropic
stance towards worthy causes, has
donated $50,000 to the Douglas
College Student Trust fund and is
guaranteeing future funding if

other contributions over the next
two years stay at the high level
achieved in 1984.

The Student Trust fund can be ex-
pected to reach a minimum of $310,000
by 1986 if Douglas College can keep
pace with the $50,000 per year dona-
tion offered by the Vancouver
Foundation.

"The significance of this $50,000
contribution can not be easily
overlooked," says Bill Morfey, the
bursar of Douglas College. As the
person responsible for the fund he
sees the potential to raise up to
$500,000 to use as student bursaries,

Money collected in the Student Trust
will be placed in a capital growth
account and the interest collected
will be paid out each year to

 

 

STUDENT TRUST FUND

students chosen on the basis of
financial need.

Douglas College already has a group
of students, administrators, faculty
and staff members who select stu-
dents for the bursaries and scholar-
ships from the Student Trust fund.

This year over $7,500 was awarded
as grants to 19 students from the
money received from the Vancouver
Foundation. The Douglas College
Student Society has even donated
over $30,000 into the fund.

Douglas College will continue its
Plan of looking for private dona-
tions from organizations, companies
and individuals in the New West-
minster, Burnaby, Coquitlam and
Maple Ridge areas.

Donations will be accepted at
Douglas College and individuals
should contact Jim Doerr, Chairman
of the Douglas College Student
Trust fund board of trustees at
520-5400.

 

"This money is just another way of
showing the community that Douglas
College is at the front edge of

keeping education within the reach