Algonquin College celebrates historic $2 Million gift from The Joyce Family Foundation

Posted on Monday, October 28th, 2024

FOR IMMEDIATE RELEASE

Algonquin College celebrates historic $2 Million gift from
The Joyce Family Foundation

Ottawa, ON (Monday, Oct. 28, 2024) – Algonquin College is proud to announce a momentous $2 million gift from The Joyce Family Foundation, establishing a significant endowment to support students facing financial barriers. This donation, the largest single contribution to Algonquin College to date, underscores the Foundation’s commitment to higher education and its belief in the potential of every student.

The Joyce Family Foundation Bursary will support students at the Ottawa, Perth, and Pembroke campuses by directly addressing financial need and supporting students who have demonstrated resilience in overcoming challenges. This bursary represents a beacon of hope and a tangible support system for local students in the region embarking on their educational journey. The College officially announced and celebrated the new bursary during its AC Philanthropy Champions event at the Ottawa campus on October 28.

“The Joyce Family Foundation is deeply committed to fostering educational opportunities for those who face barriers to accessing higher education. Our bursaries are designed with the understanding that financial need should not dictate one’s ability to achieve academic and personal success,” said The Honourable Ed Lumley, Chair of The Joyce Family Foundation. “By supporting students at Algonquin College through this endowment, we aim to catalyze a cycle of success, affirming our belief that education is a pivotal steppingstone for at-risk youth in Canada.”

“This unprecedented contribution from The Joyce Family Foundation exemplifies the profound impact that generosity and vision can have on our community,” said Claude Brulé, President and CEO of Algonquin College. “The endowment will not only significantly enhance our ability to support our students but also serve as a profound statement of faith in their futures. On behalf of Algonquin College, I extend our deepest gratitude to The Joyce Family Foundation for their unparalleled support and belief in the value of education.”

Mark Savenkoff, Vice President of Advancement and Strategy at Algonquin College, highlighted the importance of such contributions: “Investments in education create a ripple effect, benefiting not just the individual recipients but our community as a whole. The Joyce Family Foundation Bursary ensures that financial barriers do not hinder the aspirations of our students. It empowers us to help more students access quality education, laying the groundwork for their success and, by extension, the prosperity of our society.”

Each selected student will receive a significant and renewable bursary of $5,000, for the duration of their program. This commitment to renewable financial support will support long-term educational success, ensuring that the original contribution empowers students not just once, but throughout their academic journey at the college.

For more information about The Joyce Family Foundation Bursary and how to apply, visit the Algonquin College Financial Aid page.

For more information on how you can get involved or support, please contact advancement@algonquincollege.com.

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About Algonquin College 

The mission of Algonquin College of Applied Arts and Technology is to transform hopes and dreams into lifelong success. Algonquin College, an Ontario public sector community college, does this by offering hands-on, digitally connected, experiential learning in more than 200 programs. Algonquin College is the largest polytechnic institute in Eastern Ontario, with campuses in Ottawa, Perth, Pembroke and AC Online.

About the Joyce Family Foundation

The Joyce Family Foundation endows bursaries based primarily on financial need and awards students enrolled in full-time studies at a recognized college or university in Canada. The purpose of the bursaries is to increase the participation of disadvantaged or at-risk youth who face obstacles and barriers to a postsecondary education.

For media inquiries:

Meg Fraser
Communications Officer
Algonquin College
fraserm2@algonquincollege.com
613-302-0138


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