U of S receives $5.4 million donation
Posted September 29, 2003
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FOR IMMEDIATE RELEASE - September 29, 2003 2003-09-29-OTHER
U of S receives $5.4 million donation
The University of Saskatchewan Board of Governors has approved the
establishment of the Foreman Family Trust to administer the largest personal
gift ever made to the University of Saskatchewan.
The trust will honour the memory and tremendous generosity of the late
Phyllis and Florence Foreman, who bequeathed a total combined gift of $5.4
million to the U of S.
The money will be used to boost scholarships and bursaries and to support
research.
"Phyllis and Florence Foreman clearly believed in the importance of higher
education and the role universities play in enriching all of society. Their
generosity will touch the lives of people in our community for generations
to come," said University of Saskatchewan President Peter MacKinnon. "An
unrestricted gift like this allows us the greatest flexibility to respond to
immediate priority needs and it is very much appreciated."
The two sisters, known for their quiet generosity, grew up in the 1920s and
1930s on a farm north of Kyle, Saskatchewan. Phyllis briefly attended the
University of Saskatchewan, and they later divided their time between the
farm and another home on the West Coast.
Florence passed away this past March, bequeathing $4 million each to five
Canadian Universities including the University of Saskatchewan, Bishop's
University, the Montreal Neurological Institute of McGill University, the
University of British Columbia and Simon Fraser University. The University
of Saskatchewan will also receive an additional $1.4 million, the
approximate current value of the Phyllis Foreman estate.
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For more information, contact:
Peter MacKinnon
President
University of Saskatchewan
Tel: (306) 966-6612
