The Late Kalev Pugi of Kingston, Ontario, made a bequest to the Chess Federation of Canada [CFC] in the amount of $ 10,000.00. This generous gift established the above-named Fund, and following the general notification to the Members of the CFC, others made contributions to the fund, such that its Capital is now above $20,000.00

The Income from the Investment of the Fund is to be used towards assisting Canadian Chess players under the age of eighteen with the travel costs associated with Chess competition and tournament participation. The ultimate purpose being to increase their Chess skills and education.

As most of you know market returns in the last 5 years have been far below returns previously so there are always more needs that can be met.

The committee consists of 3 members and members should post their nominations for the 3 positions here.