News

School district inks agreement for foundation support

Nanaimo school district and Nanaimo-Ladysmith Schools Foundation have cemented their relationship with the signing of a memorandum of understanding.

The arrangement formalizes in writing a relationship that first started when the schools foundation was formed as the Nanaimo Schools Financial Awards Society in 1982.

Amongst the terms, the school district will provide operational items to the foundation, such as staff, office space, supplies and equipment, while the foundation will provide financial awards such as scholarships and other support to students in the school district.

For the 2013-14 school year, the school district will provide approximately $140,000 for operational items while the foundation will provide more than $500,000 in student support, including an estimated $420,000 in scholarships and $30,000 raised through this year’s Stock the Lockers campaign for needy students.

“It really represents a symbiotic relationship, one of usefulness to both groups, where our hard work as volunteers supporting students in this learning environment and your hard work as trustees supporting students in this learning environment, come together,” said schools foundation president Patrick Ross at a recent school board meeting.

School board chairwoman Dot Neary said in a statement that the formalization of the agreement would benefit students greatly through the continued support and fundraising efforts from the schools foundation.

The agreement will be reviewed every three years.

reporter@nanaimobulletin.com

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

Virk shuffled to new job after Kwantlen flap
 
Regional District of Nanaimo repairs sewage pipe after storm
 
NDP blasts lottery corporation spending
Grant aims to promote physical literacy for kids
 
Blues that go for the jugular
 
This and That - December 17
Community comes through for Kiwanis Hilton Centre
 
Deep Bay Marine Station — whale bones sold out
 
Aerobatic jet team added to 2015 Abbotsford International Airshow lineup

Community Events, December 2014

Add an Event


Read the latest eEdition

Browse the print edition page by page, including stories and ads.

Dec 18 edition online now. Browse the archives.