Chapter Donates to ASHRAE Foundation
By Guy Perreault, member, Ville de Quebec Chapter Board of Governors
QUEBEC CITY, Quebec—The Ville de Quebec Chapter recently made a $20,000 endowment to the ASHRAE Foundation.
Over the years and through the successful participation of the activities for its members, the chapter was faced with an interesting problem—it had accumulated an amount of money which the Board of Governors felt they needed to use to better profit its members and the Society.
When made aware of the ASHRAE Foundation Endowment program, it was decided to make a contribution of $20,000. This contribution serves two purposes, first to help the ASHRAE Foundation in its support of research by creating an endowed fund used for future projects and support the growing needs of the research program. The second is the contribution that the Foundation will be making to ASHRAE Research in the name of the chapter every year, helping the chapter and region meet their RP Campaign goal.
This contribution will result in an equivalent investment of $1,000 for every year in the future in the name of the chapter. Both the chapter members and the Society will benefit from this donation.
The chapter plan to support in the future, more student activities, YEA members and use funds to encourage participation in the monthly meetings. The chapter also hopes to grow the endowment as more successful activities are organized. With these actions the chapter embraces the objectives of the ASHRAE Foundation in supporting tomorrow today.