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Foundation Donations Exceed $5 Million

Autumn – Reflections Magazine

 

Avondale Foundation’s gift of $200,000, presented during the graduation ceremony, brings its total donations to Avondale College to more than $5 million.

President Dr Norman Young said the gift would benefit two of the college’s vital assets – students and staff.

Some $75,000 would provide 15 Academic Excellence Scholarships valued at $5,000 each per year for the duration of a student’s course.  This is in addition to the $16,000 the foundation gives annually to students through awards and scholarships.  The foundation allocated a further $55,000 for staff research, $40,000 to purchase a minibus and $30,000 for video conferencing.

The foundation funds its donations from the profits of several commercial enterprises.  Dr Young praised the business leaders – many are Avondale graduates – who organised the enterprises and now run them.

Brenton Stacey

   
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