New Zealand Redwood Company Scholarship
In February 2018, the Board of the NZIF Foundation agreed to accept a donation from The New Zealand Redwood Company and agreed to establish the New Zealand Redwood Company Scholarship on the terms set out below:
|
Purpose: |
Scholarship available to students at the University of Canterbury, enrolled for a Bachelor of Forestry Science. |
|
Funding: |
Donation of NZD 5,000/year for a minimum of five consecutive years from The New Zealand Redwood Company |
|
Size and term of Award |
One scholarship of NZD 5,000/year to be offered annually until the funding pool is exhausted. The Foundation reserves the right to not make an award in any year when, in its opinion, there is no suitable applicant. |
|
Application Process |
The Foundation will annually call for applications for the scholarship and will determine those applicants who will receive the scholarship. The Foundation will notify The New Zealand Redwood Company of the chosen applicant before making the award. Applications should be made in writing and provide the following information:
Details (names, contact details, and position) of two referees who can attest to your achievements and characteristics. At least one referee must be a member of the staff at the University of Canterbury |
|
Accounting |
Rather than establishing a separate fund within the Foundation accounts, the Foundation Board has made a commitment to The New Zealand Redwood Company that it will offer the scholarships as described under the heading “Funding” above. This will simplify the Foundation’s accounts (The commitment will be recorded in the accounts each year until the obligations are completed). |
RECORD OF AWARDS
|
Year |
Awardee |
Topic |
Amount |
|
2019 |
Georgia Craig, 4th year B.For.Sc (Hons) student at University of Canterbury |
Impact of log storage on air quality |
$5,000 |
|
2018 |
Mat Curry, 4th year B For Sc student at Canterbury University |
|
$5,000 |
FUNDING
(This fund is a declining one – awards cease when balance is $0)
|
Date |
|
Additions |
Deductions |
Balance of Fund |
|
Balance at 1/4/17 |
|
|
|
0.00 |
|
March 2018 |
Donation from NZ Redwood Company |
$5,000.00 |
|
$5,000.00 |
|
July 2018 |
Award to Mat Curry |
$,5000.00 |
0 |
|
|
September 2018 |
Donation from NZ Redwood Company |
$5,000.00 |
$5,000.00 |
|
|
August 2019 |
Award to Georgia Craig |
$5,000.00 |
0 |
|
|
September 2019 |
Donation from NZ Redwood Compnay |
$5,000.00 |
$5,000.00 |
