The YUFA Trust has provided most of the funding of the YUFA Foundation which provides for scholarships and bursaries to York students. Including matching funds, the YUFA Foundation has been responsible for establishing a scholarship and bursary fund amounting to $2,100,000. The annual value of the distributions reached $105,000 in 2001-2002 and we expect that distributions will remain at this level.
The Trust has also provided significant funding to towards the Faculty Club and Glendon Senior Common Room facilities. The most recent contribution was of approximately $20,000 to the Glendon Senior Common Room renovations in 2001-2002.
We have collaborated Executive of the Association of Retired Faculty and the trustees of the Retirement Benefits Trust Fund to support efforts to improve the level of medical benefits for retired faculty. $100,000 was allocated following the last annual meeting to increase the capital of the Retirement Benefits Trust Fund.
We are also providing $5,000 each year from 2000 through to 2007 to provide Ontario Graduate Scholarships in Science and Technology.
The Board of Trustees approved a proposal for funding of the Westview Advanced Placement Initiative for $5,000 for 2003-2004, with the possibility of renewal for up to four additional years. The project will support enrolment of up to 20 students from Westview Centennial Secondary School, and Cardinal McGuigan High School to take one half course for credit at York University. They will receive additional support from a variety of structures as preparation for this course, and while taking this course. The Advanced Placement experience is designed to support an effective choice by local high school students to attend University and be well prepared for this transition. The Proposal has also been presented to the Administration for matching funding. The first year of funding is not conditional on this matching funding, but renewal will be decided after review of the program in February 2004, including the request for matching funds and other requests for support. The funds would be transmitted to the YUFA Foundation.
Motion:
That the membership of YUFA Trust endorse the proposal for $5,000 for Westview Advanced Placement Initiative for 2003-2004. That renewal of $5,000 per year for up to four additional years, be endorsed, conditional on a progress report in February 2004 and full efforts to obtain matching funds from the University.
2001-2002 Trustees were as follows:
Michael Copeland - 33626 - copeland@yorku.ca
Paul Evans – 55801 - pevans@yorku.ca
Tiit Kodar - 33527 - tkodar@yorku.ca
Walter Whiteley – 33971 – whiteley@yorku.ca
