the CAPILANO COLLEGE

FOUNDATION

by Mr. Barrie Charlesworth, Capilano
College Foundation

Shortly after Capilano College became a
reality ten years ago, a small group of
people got together to find a method of
providing direct assistance to the
College and to the students from the
Regional College District who would
benefit from the services which it would
provide. This resulted in a decision to
establish the Capilano College
Foundation to serve as a vehicle through
which scholarships and bursaries could be
given to deserving students, and to
provide the College with some things
which might not otherwise be available
through normal funding sources.

In 1970 the Foundation was formally
established, in compliance with the
Societies Act, and is authorized to issue
receipts for donations for income tax
purposes. It is unique, in that it was the
first Community College Foundation in
the Province of British Columbia. The
objects of the Foundation, as contained
in its Constitution, provide a clear
outline of its purpose. They are as
follows:

(a) To foster in the Regional College
District comprised of School
Districts No. 44, 45 and 48 (North
Vancouver, West Vancouver and
Howe Sound) in the Province of
British Columbia, community
interest in promoting higher
education and training among those
capable of profiting from it.

(b) To act as a recipient of trust
funds in the form of monies or other
properties given for determined or

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indeterminant use, and to receive
such funds for use as the Executive
Committee decides is in keeping
with the Foundation's objects.

(c) To raise funds from time to time
as required by public subscription,
donations, gifts or otherwise, to
assist in defraying expenses of
worthy Capilano College students
requiring financial assistance,
enabling them to proceed to higher
education and training.

(d) To grant monies to the College or
to assist such worthy Capilano
College students as may _ be
designated by the Executive
Committee of the Foundation.

An Executive Committee comprised of
14 elected members, 2 appointees from
the Faculty association and 2 appointees
from the Student Association, have the
responsibility for conducting the affairs
of the Foundation, including the raising
of funds, their investment, and the
distribution of appropriate amounts to
the students and the college.

From its modest’ inception, the
Foundation has made steady progress in
increasing its funding and is very pleased
to be able to provide greater assistance
as the College grows.

The Foundation is most grateful to those
who have so generously donated funds to
support this most vital element of our
community. =

PT el