Trustees vote to remove donor gift charge
The Board of Trustees has approved the removal of a five-per-cent administrative charge on new gifts to the university, effective retroactively to May 1, 2008.
“The decision is an important one for our fundraising efforts,” Vice-Principal (Advancement) David Mitchell said after the Oct. 3 meeting. The change now means that 100 per cent of donors' gifts will be allocated toward their wishes.
For details, see page 5 of the Oct. 14 Gazette.