The Nanaimo-Ladysmith School Foundation, which raises funds for financial awards, special initiatives and student support in SD68 generated donations of $570,150 in 2014-15 it says in its financial report.
Over the same period it dispersed $470,200 in scholarships and bursaries, $42,000 in student support, $21,000 for school supplies, and $25,500 for the Breakfast Club Canada food program. Total disbursements were $581,200.
Income from investments was $47,000. Other expenses, $4,300 for administration, $18,500 for marketing and communications.
Said NLSF President Dr. Patrick Ross, “Thanks to caring donors like you, we are able to give students a helping hand by providing breakfast, lunch and snacks; school supplies; shoes; clean clothes; and other basic necessities.