Wednesday, August 10, 2016

Announcement No. 6
(10 August 2016)
In December 2015, Canada Revenue Agency (CRA) allowed the Bùi Trọng Chương Scholarship Fund to issue charity donation receipts for donors’ income tax purposes. These receipts are valid in both Canada and the USA. However, for donors filing US income tax returns, these receipts can be applied only towards their incomes from  Canadian sources and not towards their incomes from US sources. We hope to receive assistance from friends in the US to explore the option of a “friend of Canadian charity” in the US, so that donation receipts can be applied towards donors’ incomes from US sources.

In October 2015, we made two amendments in our bylaw in order to obtain CRA approval of our request to issue charity donation receipts. To see our amended bylaw, please click here.

The Board of Directors of the Scholarship Fund has also had some changes in membership. For health reasons, Mr. Nguyễn Khắc Phụng (Petrus Ký 56-63) has resigned as a member of the Board of Directors, but still continues as an advisor. Effective in the last quarter of 2014, Mr. Võ Anh Dũng (Petrus Ký 66-72) has served as Vice Chair of External Affairs and the main representative of the Scholarship Fund in Vietnam. Mr. Trần Hữu Phúc Tiến (Petrus Ký-LHP 73-80) has replaced Mr. Nguyễn Khắc Phụng on the Board of Directors, effective July 2016, and also served as a representative of the Scholarship Fund in Vietnam. Petrus Ký highschool alumni Lâm Vĩnh Thế (Petrus Ký 53-60), Nghiêm Phú Phúc (Petrus Ký 53-60), and Lương Văn Hy (Petrus Ký 68-71) continue serving on the Board of Directors of the Bùi Trọng Chương Scholarship Fund.

Board of Directors, Bùi Trọng Chương Scholarship Fund