The
Huscroft Family Trust is pleased to offer Cash Awards to family members going
on to Post Secondary Education. The Cash
Awards will be guided by the following principles as outlined in the Trust
Deed. The Cash Awards are made at the
discretion of the Trustee after considering the recommendations of the Advisory
Board.
To
provide educational assistance to eligible members of the Huscroft Family, as
defined in the Huscroft Beneficiary
Groups.
Educational
assistance is for accredited full time post secondary studies leading to
degrees, diplomas or certificates in a trade or profession, from qualifying
accredited Universities or Institutions.
The
purpose of the educational assistance is economic advancement of the Huscroft
Family and/or improvement in the welfare of society.
Beneficiaries
must be made known to the Trustee via the Advisory Board so that they can be
reported to Revenue Canada at least one year prior to any award being
paid. No award will be approved without
appropriate beneficiary registration beforehand.
Applications for awards shall be received and
approved, in full or in part, or rejected, at least twice yearly. Applications
shall be directed to the Chairperson of the Advisory Board and considered by
all Advisory Board members.
Awards
shall be given to cover tuition, textbooks, other educational fees, and can
also be used for student housing and other travel and living expenses when
deemed necessary by the Advisory Board.
Awards
may be made for one or several years of full time study (as defined by the
Advisory Board to mean a course load sufficient to complete studies in the
normal minimum time period, which is 4 years for a Bachelors degree). Awards may be made for courses of less than a
year. Multi-year Awards shall be paid
and renewed annually based on successful academic progress and appropriate
expenditure of the prior year's award.
The
Advisory Board anticipates dispersing approximately $100,000 annually in
Awards. The intent is to make both Minor
and Major Awards ranging from $2000 to $20,000.
When
making and renewing awards, a number of factors shall be considered in order to
prioritize amongst beneficiaries as to whether full, partial, or no award will
be granted. The factors to be considered are:
1. Economic potential of the trade or profession
chosen and degree, diploma or certificate sought
2. Financial need of the applicant
3. Academic achievement or trade skill of the
applicant
4. Cost and
location of the educational institution relative to other equivalent
educational options
5. Age of applicant; with priority being given
to youth
6. Equity amongst beneficiary groups within the
Huscroft Family
Awards
will not be made to fund education at any university or educational institution
that mandates study of, or adherence to, a single religion or political
ideology other than non-denominational Christianity or Democracy, or that
admits students based on membership in an exclusive racial, ethnic, religious,
political or gender group.
The
Advisory Board shall, on a regular basis, communicate with Huscroft
Beneficiaries who are eligible to receive Cash Awards so as to ensure such
Beneficiaries are aware of the award and the criteria for obtaining the same.
The
recommendations of the Advisors with respect to awards shall be final. The recommendations of the Advisory Board
shall be communicated by the Chairperson to the Huscroft Beneficiaries.
The
Huscroft Beneficiaries are eligible members of the Huscroft Family as defined
here. No other more distant relatives
are legally eligible for support.
The
Huscroft Family in turn consists of Five Groups plus adopted children or
equivalents, plus nieces and nephews, by marriage of the children,
grandchildren or great grandchildren of Dulce Huscroft or Patricia Huscroft:
1.The
Dulce Huscroft Family Group
This consists of the
grandchildren of Pedro & Jorgina Facuri and the decendants of these
grandchildren, and nieces and nephews, by marriage, of children, grandchildren
or great grandchildren of Dulce Huscroft, and the descendants of these nieces
and nephews.
2.The
Kevin Huscroft Family Group
This consists of the
grandchildren of Kate & Ken Huscroft and the decendants of these
grandchildren.
3.The
Patrica Huscroft Family Group
This consists of the
grandchildren of James & Selma Corwin and the decendants of these
grandchildren, and nieces and nephews, by marriage, of children, grandchildren
or great grandchildren of Patricia Huscroft, and the descendants of these
nieces and nephews.
4.The
Ken Huscroft Family Group
This consists of the
great grandchildren of John Henry Huscroft by either of his wives, Monna or
Amy, and the decendants of these great grandchildren, but excluding members of
the Kevin Huscroft Family Group. Note that
the children of John Henry Huscroft are Irene Olga (Huscroft) Mitchell, Elmer
Wigen Huscroft, Lawrence Burton Huscroft, Leonard Wyatt Huscroft, Warren Leslie
Huscroft, Irwin Kenneth Huscroft, Dawn Elaine (Huscroft) Sommerfeld, Donald
William “Mick” Huscroft & Shirley May (Huscroft) Edis.
5.The
Kate Huscroft Family Group
This consists of the
great grandchildren of John & Muriel Riddell and the decendents of these
great grandchildren, but excluding members of the Kevin Huscroft Family
Group. Note that the children of John
& Muriel Riddell are Kate Doris (Riddell) Huscroft & James Douglas
Alexander Riddell.
6.Adopted
Children or Equivalent
The Trust has
allowances for adopted children and children brought into the family through
special circumstances, as defined in the Trust Deed. This is intended to be inclusive of adopted
children and children brought into the family through marriage. To be brought into the family through
marriage, a child must have primarily resided with and been parented by the
family member through whom beneficiary rights are conferred, as documented by
legal decree or agreement or by historical fact.
7.Nieces
& Nephews by Specific Marriages
The nieces and nephews,
by marriage, of children, grandchildren or great grandchildren of Patricia
Huscroft and Dulce Huscroft. This includes the children of the biological or
adopted siblings or equivalent of the spouses of the married children, grandchildren
or great grandchildren of Patricia Huscroft and Dulce Huscroft. This includes
adopted children and children brought into the birth family of said spouses
through marriage. To be brought into the birth family of said spouses through
marriage, a sibling equivalent must have primarily resided with and been
parented alongside the spouse through whom beneficiary rights are conferred, as
documented by legal decree or agreement or by historical fact.
Huscroft
Beneficiaries must be over 18 years of age, and not over 41 years of age, by
the end of the calendar year in which assistance is to be received.