The Annual Fund provides a means for alumni and friends of NSCAD to support priority needs essential to maintaining the university’s excellence from year to year. Donors can designate their gifts to a specific need—for example, student scholarships and bursaries, the library, galleries, community residency programs, facilities, equipment—or simply designate the “area of greatest need,” which gives the university maximum flexibility. Typically, annual fund gifts are expended in the year in which they are received.
Donations made to the university’s endowment are done so with the understanding that the capital value of the gift (the principal) is invested and a portion of investment earnings is available to fund the educational mission of the university.
Donors may choose to set up endowment funds restricted to a specific purpose, such as student scholarships, bursaries, academic chairs, building refurbishments, library or equipment acquisitions. The original donation is secured and allowed to accrue interest—it is this interest that is dispersed according to the wishes of the donor.
study results in higher costs for students than a lecture-based
university program. For many talented students, the price can be
prohibitive. NSCAD values the generosity of its donors who provide
assistance to students through annual scholarships and bursaries. The
university awarded $312,000 in financial assistance in 2015 through its
scholarship fund (including endowed funds), with more than 90 internal
scholarships and bursaries available to students per academic year.
student awards, scholarship and bursary offerings is a priority at
NSCAD. With your help, we hope to ensure that all students wishing to
pursue a career in the visual arts, regardless of their financial
circumstances, can achieve their goals and realize their potential.
For more information, download: Create an Award - Create an Opportunity: A guide to establishing student scholarships and bursaries at NSCAD University.
The Anna Leonowens Legacy Society recognizes and honours friends and members of the NSCAD community who have thoughtfully provided for the University’s future. By including NSCAD in your estate plans, you are ensuring that we will be able to build upon the strength of our faculty, students and alumni, NSCAD’s education programs and remain the premier visual arts university in Canada. To become a member of the Anna Leonowens Legacy Society you need to notify us that your will, trust or life income arrangement provides for NSCAD University. Members will be invited to an annual private event and reception, featuring NSCAD University leaders, students and speakers of note.
NSCAD offers many planned giving opportunities all of which can be tailored to meet your specific financial and estate planning needs. A planned gift can help you achieve your tax and financial goals, as well as your philanthropic goals, and it can help you make a much larger gift than otherwise possible. Please download the NSCAD Planned Giving Guide for additional information.
For more information on making a gift to NSCAD contact:
Linda Hutchison, Associate Vice-President, University Relations, at 902-494-8244 nscad.ca
Christopher McFarlane, Stewardship Coordinator, at 902-494-8175 nscad.ca