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 least at this level.
The Trust has also provided significant funding to towards the Faculty Club and Glendon Senior Common Room facilities. Our most recent contribution was in 2003 of $15,000 to renovate the Fireside Room of the Glendon Senior Common Room.
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 to this purpose in 2002-3.
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 membership was consulted on this matter and a resolution passed at the 2002 annual meeting. 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. Once contributed the monitoring of the funds becomes the responsibility of the YUFA Foundation.
Following the 2003 AGM Trustees approved an annual contribution of $5,000 in support of the Summer Literacy Camp for four years, subject to annual review.
We are recommending, as a separate AGM agenda item, that the membership approve a donation of $252,500 to enable York/Westview scholarships. This follows direction given at the last AGM and consultation with those involved in the project. The Trustees wish to acknowledge with thanks the contribution to our discussions of Phyllis Lapore Babcock, Associate Director, Scholarships & Bursaries, Office of Student Financial Services; Carol Cabral, Coordinator, York-Westview Partnership, Office of the Dean, Faculty of Education; Paul Marcus, President & Jennifer Clark, Director of Development and Gift Planning, York University Foundation.
2003-2004 Trustees are as follows:
Michael Copeland - 33626 - copeland@yorku.ca
Don Dippo - 88791 - ddippo@edu.yorku.ca - secretary from July 1st, 2004
Paul Evans -- 55801 - pevans@yorku.ca - chair
Tiit Kodar - 33527 - tkodar@yorku.ca - secretary to June 30th, 2004
Walter Whiteley - 22598 - whiteley@yorku.ca - treasurer
