Trust offers students funding
Waikato students are being invited to line up for their share of the 2012 distribution from a charitable trust founded by an education-minded Waikato farmer.
Now in its 17th year, the David Johnstone Charitable Trust, managed by Guardian Trust, continues to demonstrate how important tailored wealth management is to sustainable philanthropic giving.
Last year, the trust awarded $180,000 in scholarships to new students at Waikato tertiary institutions, and 36 scholarships of $5000 each are once more up for grabs by students entering their first year of study in science or teaching at Waikato University, or any field of study at the Waikato Institute of Technology.
Guardian Trust distributed the nomination forms to the 39 secondary schools in the trust’s designated area in late August, and criteria for scholarship applications are the same as in previous years: each school may nominate one student in each of the following categories:
Waikato University – science-related degrees (Bachelors of Science, Engineering, Science and Technology, or Computing and Mathematical Sciences)
Waikato University – teaching degrees
Waikato Institute of Technology – all qualifications Twelve scholarships of $5000 are available in each of the three categories. The number of scholarships awarded will depend on qualifying students, and final numbers will be determined by the selection committee.
Nominations for scholarships close at 10am on Tuesday, September 25.
After a meeting of the selection committee in mid-October recommendations will be made, approved by the trustees, and scholarship recipients selected and informed.
The selection committee consists of the four independent trustees, Guardian Trust client manager Eileen Slater, and two or three invited members from the education sector.
recipients and their families will be invited to attend a formal presentation at the Bronze Room at Waikato Stadium on Wednesday November 7 2012.
David Johnstone was a well-known farming identity in the Waikato.
Many years of hard work – and trial and error – made him a success in his field, but he harboured a lifelong wish to have had a better education.
His answer was to form his own charitable trust, one of the principal objectives of which is to assist young people to further their education.
The trust has distributed nearly $1 million in the past five years.