The Angel Foundation for Learning has awarded more than $40,000 in awards and bursaries to graduating students, and elementary schools this year.
“We are immensely grateful for the partnership of the Equity, Diversity and Indigenous Education Department for co-funding the new bursary for Indigenous students,” says AFL Executive Director John Yan. “We extend our congratulations to the two recipients of this new award, and wish them well in their future studies.”
This is a gift to a charity or non-profit organization in your Will. It can take the form of property, cash, or a percentage or your total estate. Legacy gifts play a key role in supporting charitable organizations on an ongoing basis, and provide tax benefits.
Charitable bequests, also know as legacy gifts, can be designated in two ways. You can leave a lump-sum cash amount to an organization of your choice. These gifts are given separately when you pass away, and are not included in your residual estate (everything that’s left after debts/taxes are paid and specific gifts are distributed).
“This year, we not only set a new record for the number of bursaries and awards that have been awarded, but also received a record number of deserving applicants, which made it extremely difficult for our review panels to make a determination,” says Mr. Yan. “We take great pride in knowing that through our Bursary and Award program, we are able to support the post-secondary aspirations of at least some students across the City of Toronto. We thank The Tom Leon Charitable Foundation, and the Leon Family, as well as other donors who continue to support these bursaries for students who
are facing financial challenges. We could not do all that we do without their assistance.”
Other Award and Bursary winners included:
Amy Yan Zhou
Elementary School Awards
In addition to the student bursaries, The Angel Foundation for Learning also presented schools with awards to enhance literacy programs and materials, and purchase resources for school libraries. Receiving $500 each this year are Holy Rosary, St Joseph and St. Robert Catholic Schools.