2007 - 2008 Report on Philanthropy

Page 1

Trent University

Report on Philanthropy 2007/2008

TRANSFORMATIONAL GIVING MAKES A WORLD OF DIFFERENCE AT TRENT university Philanthropy can transform a community -- in the last ten years, Canadians have demonstrated incredible generosity which has allowed the arts to flourish, funded innovative social service projects, fostered Dr. David Schindler international research and built worldclass cancer centres. Often coupled with government funds, these gifts allow personal philanthropy to augment, and in some cases, accelerate public policy. Many times these gifts are gifts of stock which allow the donor to save capital gains tax. These gifts are called transformational because the timing, purpose and size of the gift can transform an institution. These “gifts of a lifetime” reflect a passionate expression of a donor’s values. Such giving is often considered active engagement and demonstrates the donor’s deep interest in an organization.

“This type of pace-setting philanthropy signifies the launch of a new era for our University.” President Bonnie Patterson

Since 2005, Trent has received five transformational gifts from living donors in excess of $1 million, totaling $6.5 million. In each instance, the donor carefully considers how the special “Trent experience” could be enhanced by a significant investment while the family’s personal philanthropic plan was furthered. “This type of pace-setting philanthropy signifies the launch of a new era for our University,” Trent President Bonnie

Patterson explains. “It enables Trent to build upon our national and international reputation as a leader in liberal arts and sciences education. It also makes it possible for the University to realize our renewed Vision leading up to our 50th anniversary in 2014.” Trent’s first transformational gift from a living donor was received in 2005 when Graham and Lyn Worsfold pledged $1 million to the University’s Water Quality Centre. The existing research centre was renamed the Worsfold Water Quality Centre to honour the generous donors. The second transformational gift was received in 2007 when more than 20 members of the Patterson and Drain families, including many Trent alumni, donated $2 million to establish the Kenneth Mark Drain Chair in Ethics in honour of a beloved family member. “Thirteen members of our extended family have either graduated from Trent University or have taken courses at Trent and completed their degree elsewhere,” says David Patterson ‘66. “We are impressed with Trent’s leadership and its bold plans leading up to its 50th anniversary, and hope our gift will inspire other alumni and community leaders to step up to the plate.” [continued on page 4]

Learning to Make a World of Difference.TM

May Zaw, Second-year Nursing student from Burma; recipient of a Global Citizen International Tuition Scholarship


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.