The Group of 1953 of Royal College recently made a generous donation to the Loyalty Pledge Management Committee (“LPMC”) to finance two (2) Perpetual Scholarships. The value of a Perpetual Scholarship at present is Rs. 400,000/-. It is a one-off donation where the LPMC will deposit 100% of the donation in a Bank and use the interest income to service a full “Help a Needy Student” scholarship. The significance of this generous contribution of the Group of 1953 is that it enables LPMC to service two (2) full “Help a Needy Student” scholarships to support two (2) Royalists continuously. The Group of 1953 has agreed to enhance its contributions to the LPMC in the near future especially to promote the Communication and Leadership Development Programme.
Mr. Chanaka De Silva, Vice President – Royal College Union, Prof. Vijaya Kumar and Mrs. Diana Fernando (wife of Mr. Desmond L. Fernando, Secretary-Group of 1953), were present representing the Group of 1953 at the occasion to donate the cheque to the LPMC. The cheque was accepted by Mr. Abhaya Amaradasa, President of LPMC. The LPMC takes this opportunity to thank the members of the Group of 1953 for making this generous contribution to the LPMC amidst the challenging economic environment in Sri Lanka.
The LPMC appreciates the Group of 1953 for understanding the financial hardships encountered by the students at Royal and taking effort to address them through the LPMC. The Group of 1953 has been exemplary in repaying their debt to Royal as well as to Sri Lanka at large and the LPMC welcome all other groups of old Royalists to join hands with the LPMC in our worthy cause.
Group of ’53 Donates Perpetual Scholarships to LPMC
