Welcome to the KEGS Foundation
Geophysics plays a vital role in the renewal of key global resources. As the principal technological forum for Canadian mining geophysics, KEGS (The Canadian Exploration Geophysical Society) has become increasingly concerned about:
Significant decline in geophysics enrollment in Canada;
Shrinking geoscience departments; and
Reduced government support.
These concerns are heightened by the fact that in the new millenium increased global resource utilization and other critical geoscience issues (e.g., environmental problems and earthquake mitigation) will inevitably require additional innovative and knowledgeable geophysicists.
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The KEGS Foundation
To help address these concerns, the KEGS Foundation was established in 1999 with the principal objectives of:
Providing scholarships to support education in geophysics* in Canadian universities;
Commemorating the achievements of the current generation of Canadian geophysicists whose contributions include many technological advances and resource discoveries; and
Educating the public (especially high school students) about the role of geophysics and related career opportunities.
The KEGS Foundation is guided by eight volunteer Directors, consisting of seven senior geophysicists, plus the KEGS Past President. The Foundation is also advised by a distinguished panel of fifteen geophysicists from diverse organizations and regions across Canada who serve as Counselors, ensuring that the Foundation obtains input from the various sectors and interested parties, and in turn effectively communicates its scholarship program and other educational activities to universities, students, geophysical service companies and resource corporations across Canada.
How You Can Help
Many of us recall with pride and gratitude receiving scholarship support for our university studies, benefiting from significant contributions by previous generations. Your contribution will help the KEGS Foundation sustain these opportunities for future generations.
By completing and mailing the Donation Form today, you can help us build a bridge to the future.
KEGS Foundation Update,
January 28, 2017
Renewal of the Scholarship program for 2017/18: With the completion of presentation of the record 26 scholarship awards for the current year, and in view of the reasonably robust financial status of the Foundation, a renewal of the scholarship program for the upcoming academic year (2017/18) is expected to be formally announced and publicized very shortly.
Awardee participation in KEGS Symposium and Breakfast during the PDAC Convention: Current scholarship recipients are being actively encouraged to attend the KEGS Symposium March 4) and KEGS Breakfast (March 7) as well as the PDAC Convention, aided by the generous subsidies offered by KEGS together with limited additional funds from the Foundation to assist with travel expenses.
Post-Symposium Party (March 4): The Foundation invites Symposium attendees, other KEGS members, Foundation supporters and current scholarship recipients along with other interested parties to an informal "after party" at a nearby pub (Grace O'Malley's) following the KEGS Symposium; details will be provided shortly via KEGS and the Foundation's website.
Exploration RoundUp and KEGS/BCGS Breakfast: Participation by four Directors in the surprisingly upbeat 2017 Exploration RoundUp and the well-attended KEGS/BCGS Breakfast provided an opportunity to thank the BCGS for its continuing strong support of the Foundation and various volunteer lecturers who participated in the 2016 KEGS Special Lecture program, as well as meet a number of current and past scholarship recipients.
Financial overview: The FY 2016 Financial Statement for the Foundation has been posted on the Foundation's website. Thanks are extended to all the donors whose strong support (nearly $30K) in FY 2016 enabled the Foundation to maintain scholarship funding while adding modestly to its endowment base despite the lacklustre state of the mineral industry.
Charitable Tax Receipts: The customary charitable tax receipts for 2016 donations are being prepared and will be forwarded to donors in the very near future.
Renewed donations: In view of the large cash drain required to fund the current record scholarship awards, renewed donations are being actively sought to support the continuing scholarship program and related activities. Particular thanks are extended to Geotech and KEGS for their recent generous donations, and to Agnico-Eagle for its generous support for awardee travel. Individual donors are reminded that they can double the impact of their donation via the continuing matching donation program generously supported by Phoenix (see Foundation website for details).
Annual General Meeting (Mar 7): The Annual General Meeting of the Foundation will be held in customary fashion on March 7 at 9:00am immediately following the KEGS Breakfast in the Imperial Room at the Fairmont Royal York Hotel. All donors, supporters and interested parties are encouraged to attend for a short discussion of recent and planned activities and finances, and to meet current scholarship recipients.
* The KEGS Foundation, a federally chartered Canadian charitable organization (870164340RR0001),
acts as trustee for various named geophysical scholarship endowments as well as for the John E. Steers Field School Bursary which is administered by the CMIEF.