The Cambrian College Foundation recently received a donation of $10,000 by the Carole and George Fletcher Foundation.
The donation has been added to an existing endowed fund, topping it up to $40,000. This is a result of an ambitious fundraising campaign that reached a goal of raising $1 million to establish bursaries at each college in Ontario.
The Carole and George Fletcher Foundation, established by the Ontario Association of Certified Engineering Technicians and Technologists (OACETT), is celebrating the success of one its most ambitious fundraising ventures, announcing that the 25 for 25 Building Forward Campaign has achieved its $1 million goal of establishing an endowed fund at each of Ontario’s 25 colleges.
“We did it,” said David Tsang, chair of OACETT’s Carole and George Fletcher Foundation.
“Hitting the $1 million goal has expanded the bursary program’s reach and has enhanced support for engineering technology education.”
Tsang and fellow foundation trustees launched the campaign with the goal of creating a sustainable $1,000 annual award for students enrolled in a recognized engineering or applied science program who best exemplify integrity and professionalism.
To support the bursary program, the trustees came up with a strategy to create a $40,000 endowed fund at every Ontario college. To achieve this goal, at least $1 million would have to be raised through the generous support of donors.
"The success of this campaign would not have been possible without the commitment of OACETT members, industry, colleges and the Ontario government," said Tsang. "Thank you all for supporting the next generation of engineering technology professionals."
