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News |
CNC Library Legacy Fund
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Contact
Katherine Plett
Library Director
College of New Caledonia
3330 22nd Avenue
Prince George, BC V2N 1P8
Canada
Telephone: 250-562-2131 Local 5298
FAX: 250-561-5845
E-mail: plett@cnc.bc.ca
Web: http://www.cnc.bc.ca/library/
Donations
Thanks for considering a donation to the
CNC Library Legacy Fund! This is an endowment.
Donations are invested, and only the return on
investment is used each year, to purchase quality
library materials and enhance collections.
- see Donation form (PDF) select Library box
- or Donate online select Library from pull-down menu |
Reports
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Guidelines for the Operation of the Library Legacy Fund
Purpose
The purpose of the Library Legacy Fund is to build a long-term base of support which is to be used to enhance the ability of the College Library to provide quality library collections and services to learners.
Nature of Fund
The Library Legacy Fund is an endowment fund. Donations to the Fund are pooled together for investment purposes. Only the return on investments (or a portion thereof) is expended each year, with the principal remaining intact in perpetuity.
Matching funds will be secured by the College, wherever feasible, to double the investment. The College shall determine how the funds shall be invested and how, relative to the terms and conditions of the endowment, the return on investments will be spent. Donations may be made directly to the General Fund or may be specified to a particular area of endowment. Specified or Named funds are pooled with the General Fund. Return on investment from that specified area is targeted for use in that area, once sufficient returns have been generated.
1. General Fund
In order to maximize the rate of return on investments, all Library Legacy Funds shall be pooled into one General Fund for investment purposes.
2. Specified or Named Funds
In order to allow the donor to direct a donation to a specific area, the College offers the opportunity to donate to Specified or Named Funds. The return on investments will be spent according to the objectives set out for that Fund. As these funds can be costly to administer, Specified or Named Funds will not be considered for donations with a present cash value of less than $1,000. Acceptance of all Specified or Named Funds is subject to College approval and the College reserves the right to refuse donations.
Donations
A donation may come in varied forms including but not limited to: cash, bequests, life insurance policies, charitable annuities as well as gifts of real estate, securities, property or buildings, if acceptable to the College.
Donors are advised that donations to the Library Legacy Fund, once accepted, become the property of the College.
Any conditions attached to donations to the Library Legacy Fund of money or any other assets must be approved by the College.
The College reserves the right to refuse donations to the Library Legacy Fund that may not be in keeping with the goals and policies of the College or of financial benefit to the College.
The College retains the right to alter the specific use of such funds it deems non-functional to another use within the Library Legacy Fund. Where possible, the donor will be consulted when a change is being considered.
Reporting
The College will provide an annual report on the state of the Library Legacy Fund to the CNC Fundraising Society. The annual report will include an itemized audited statement of all expenditures from the Library Legacy Fund.
Special campaigns and corporate fundraising will be coordinated through the CNC Fundraising Society.
Adopted by CNC Fundraising Society, October 3, 2001
Specified and Named Funds
Alistair McVey Library Legacy Fund
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Description
This Fund was established in May 2001 in honour of Alistair McVey, the departing Dean of Science and Technology. The Fund acknowledges McVey’s active support of the College Library since its establishment in 1969.
As specified by McVey, annual proceeds from the fund will be used to enhance library collections in Regional Studies, Science, and Technology.
Selection Process
Selections will be made annually, at the end of each fiscal year, based on investment returns for that year. Selections will be made by College Librarians, based on acquisition requests submitted by faculty in the above-mentioned discipline areas.
Acknowledgement
Commemorative bookplates acknowledging the Alistair McVey Library Legacy Fund will be inserted in each item. Information on the status of the Fund and items selected will be communicated to the general college community, and reported on in the annual report on the Library Legacy Fund. |
Small Woodlands Library Legacy Fund
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Description
This Fund was established in Februar2002 by the Small Woodlands Programme at the College. Annual proceeds from the fund will be used to further the development of the Small Woodlands library collection.
Selection Process
Selections will be made annually, at the end of each fiscal year, based on investment returns for that year. Selections will be made by College Librarians, in consultation with faculty who have expertise in forestry and small woodlands management.
Acknowledgement
Commemorative bookplates will be inserted in each item. Information on the status of the Fund and items selected will be communicated to the general college community, and reported on in the annual report on the Library Legacy Fund. |
Rachael Donovan Library Legacy Fund
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Description
This Fund was established in July 2002 in honour of Dr. Rachael Donovan, the departing Academic Vice-President. The Fund acknowledges Rachael’s commitment to learners and their research needs. Annual proceeds from the fund will be used to enhance library collections, in each of the campuses (on a rotational basis) to support the learning process.
Selection Process
Selections will be made annually, at the end of each fiscal year, based on investment returns for that year. Selections will be made by College Librarians, in consultation with Deans and Regional Campus Directors.
Acknowledgement
Commemorative bookplates acknowledging the Rachael Donovan Library Legacy Fund will be inserted in each item.
Information on the status of the Fund and items selected will be communicated to the general college community, and reported on in the annual report on the Library Legacy Fund. |
Chris Andrew Library Legacy Fund
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Description
This Fund was established in March 2005 in honour of Chris Andrew, a beloved colleague and friend. Chris taught Nursing at the College from 1980-1990 and was a Counsellor from 1992-2002.
The Fund recognizes Chris's contributions to nursing education and counselling in British Columbia and acknowledges her wish to promote student inquiry and research through a lasting library legacy. Annual proceeds from the Fund will be used to enhance library collections in Nursing and Counselling/Advising. Contributions to the Fund are welcomed at any time.
Selection Process
Selections will be made annually, at the end of each fiscal year, based on investment returns for that year. Selections will be made by College Librarians, based on acquisition requests submitted by Nursing faculty and the Counselling/Advising department.
Acknowledgement
Commemorative bookplates acknowledging the Chris Andrew Library Legacy Fund will be inserted in each item. Information on the status of the Fund and items selected will be communicated to the general college community, and reported on in the annual report on the Library Legacy Fund. |
Northern Institute for Resource Studies Library Legacy Fund
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Northern Institute for Resource Studies
Description
This Fund of $35,900.00 was established in September 2005 by the Northern Institute for Resource Studies (NIRS) Board, in recognition of the work done by the College library to maintain the NIRS collection. The collection is a special collection in the library, consisting of socio-economic and environmental studies relating to northern communities and project developments in northern BC. Annual proceeds from the fund will be used to further the development of the NIRS collection. Search the collection in the Library Catalogue at http://lib.cnc.bc.ca - enter keywords or, to see entire collection, enter #0 in the search box and, when results come up, scroll to the bottom, select location: NORTHERN INSTITUTE and hit 'search everything' button.
Selection Process
Selections will be made annually, at the end of each fiscal year, based on investment returns for that year. Selections will be made by College Librarians, in consultation with faculty who have expertise in northern socio-economic, environmental, and resource management issues.
Acknowledgement
Information on the status of the Fund and items selected will be communicated to the general college community, and reported on in the annual report on the Library Legacy Fund. |
Early Childhood Education (ECE) Literacy Fund
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Description
This Fund was established in June 2007 by the ECE graduating class of 2007 with a view to creating an annually updated, ongoing fund to support children's literacy. Annual proceeds from the fund will be used to purchase books for children from birth to school age, for the library's "Children's" collection at the Prince George campus.
Selection Process
Selections will be made annually, at the end of each fiscal year, based on investment returns for that year. Selections will be made by the Library in consultation with the ECE program.
Acknowledgement
Commemorative bookplates acknowledging the Early Childhood Education Literacy Fund will be inserted in each item. Information on the status of the Fund and items selected will be communicated to the general college community, and reported on in the annual report on the Library Legacy Fund. |
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Liz Ritch-Krc Library Legacy Fund
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Description
This Fund was established in June 2010 in honour of Liz Ritch-Krc, who taught Biology at the College from 1971-2010 prior to her retirement. The Fund recognizes Liz's contributions to student success over the past 39 years and acknowledges the significant role she has played in furthering research and knowledge in the field of ethnobotany. Annual proceeds from the Fund will be used to enhance library collections in ethnobotany, especially materials relating to aboriginal cultures and plant use,
Selection Process
Selections will be made annually, at the end of each fiscal year, based on investment returns for that year. Selections will be made by College Librarians in consultation with local experts in the field.
Acknowledgement
Commemorative bookplates acknowledging the Liz Ritch-Krc Library Legacy Fund will be inserted in each item. Information on the status of the Fund and items selected will be communicated to the general college community, and reported on in the annual report on the Library Legacy Fund. |
Updated on an ongoing basis by K Plett |
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