The board of education for Prairie South School Division (PSSD) has appointed directors to oversee a fund designed to provide scholarships to deserving students throughout the division.
During their December board meeting, trustees voted to appoint Greg Veillard, George Patterson, Claude Duke, John Livingston, Pam Ludwar, Ron Purdy, Mary Jukes, Jan Stewart, Steve Robitaille and Al Kessler as directors of the Moose Jaw School District No. 1 Bursary Fund Inc. for 2021.
The fund is a separate legal entity that the Moose Jaw School Division No. 1 established decades ago to collect and invest donations to provide scholarships to students, a board report explained. PSSD’s board of education is now the sole member of the fund and must appoint directors every year.
The bursary fund has registered the business name of Prairie South Schools Bursary Fund, so it is seen as more than just a City of Moose Jaw fund, the report said. The transfer of funds does not change anything for individual scholarships except where the money is located and managed.
There is $1.6 million in that fund, although it hasn’t earned as much lately since interest rates are poor, Purdy said during the meeting.
Many people on that committee are long-serving members, while only one new person was added this year, said trustee Lew Young. He wondered why another director was added, the criteria for selecting people and how many people could be on the committee.
The criteria says that the board of directors can have seven to 20 people on it, said Purdy. The board is attempting to add younger people since most of the existing members are older.
The next PSSD board meeting is Tuesday, Jan. 5, 2021.
