The King's Connection Magazine Volume 23 Number 1//Summer 2012 | Page 25

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FOUNDATION nEWS

FOUNDATION NEWS
Past Foundation Projects

T

he King’s University College Foundation was established in
1985 to be an independent financial support organization
for King’s serving under the same Mission Statement and
Statement of Faith, adhering to the same values and vision as
King’s. Highlighted are some past projects the Foundation has
completed to assist King’s:

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A two-year debt reduction campaign carried out in 1986, raised
over $300,000 and was a major component in the drive to
eliminate the debt and allow King’s to plan its future with new
and expanded programs and a new campus.

In 1990 the Foundation became involved in its most ambitious
and challenging undertaking in the Facing New Challenges
capital campaign for the current campus. The campaign’s
objective was to raise $10 million in gifts and pledges from
the King’s supporting community over a five-year period. This
objective in gifts and RRSP investments was met in
December, 1996.
The Foundation raised $300,000 for the bachelor of commerce
program. At the time, King’s had no way of establishing this
program. With the aid of the Foundation, the program was

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launched in fall 2000 - much earlier than initially anticipated. The
project was completed in 2005. The Foundation continues to
provide two business scholarships of $1,000 each per year;
it also manages the endowment funds for The Boessenkool
Business Scholarship and The Cornerstone
Business Scholarship.

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When the student residence apartment building was constructed
in 2003, the Foundation raised $50,000 to purchase the design
and architectural drawings so that additional buildings can
be constructed in the future. In 2005 the Foundation also
committed to providing King’s with a grant of $50,000 per year
for a maximum of three years to cover any shortage of residence
income that might arise during the first years of operation of this
new student residence.
Another significant project was undertaken at the Foundation’s
Annual General Meeting of November 18, 2005, when it agreed
to raise $780,000 over six years starting in 2006/2007, in
support of staffing and other needs for the secondary education
after-degree program. This project is nearing completion.

foundation news
Profile: Kevin Bandstra Foundation
scholarship recipient

C

ommerce graduate Kevin Bandstra was the rec ipient of The
King’s University College Foundation Business Scholarship
for the past two years. The scholarship is awarded to a returning
third-and fourth-year student enrolled in the commerce program.
In order to be eligible the student must maintain at least a
minimum average of 3.30 and demonstrate a
Christian commitment.
Bandstra was not only an excellent student with a strong
Christian commitment, but also a dedicated member of the
King’s student body. He served as VP Internal and President
of the Student’s Association in his second and third year
respectively, and was editor of Ballyhoo, the annual creative
arts publication. In addition, this past year he assisted Roy
Berkenbosch, director of the Micah Centre and interdisciplinary

studies, in planning the winter Interdisciplinary Conference
entitled “You’re richer [when] you think”, exploring the issues of
money, consumerism, the ideological commitments on which
they rest, and the role which we play in this economy.
Originally planning to transfer to the University of Alberta after a
foundation year at King’s, Kevin opted to stay at King’s for the
full four years of his undergraduate degree. The Foundation’s
Business Scholarship assisted him as he pursued his degree
at King’s. “As a student every little bit helps make the financial
commitment of a university education a little easier,”
says Bandstra.
Graduating this April, Bandstra has already obtained employment
in Vancouver working as a manager. Armed with his King’s
education, Bandstra is ready and prepared for the
challenges ahead.
The King’s Connection /// Summer 2012 ///25