Proceeds from Kinsley tribute going to education

CAAMP’s Karen Kinsley Tribute Dinner will be helping further education this year, with the Foundation announcing it will use net proceeds from the dinner to establish scholarships for the next generation of “real estate finance” professionals.

 

“The CAAMP Foundation is committed to the advancement of financial literacy and education,” says Alison Cousland, manager of marketing and communications for CAAMP. “Having the knowledge, skills and ability to comprehend and use financial concepts to make informed decisions, including responsible consumer borrowing choices, is paramount to a healthy economy.”

 

Scholarship money raised from the dinner – held at the Hilton Toronto Hotel on September 10 – will benefit undergraduate and graduate students with a special emphasis on real estate finance.

 

Some of the current Foundation activities in support of education include funding scholarships for post-secondary school students in need of financial assistance to continue with their education; awarding grants to charitable organizations, which provide financial literacy education programs for economically disadvantaged groups; and support for activities that foster the advancement of teaching methods and tools.

 

Kinsley, who served at the helm of the Canada Mortgage and Housing Corporation for 10 years and held several senior management positions – including vice president of finance and CFO, retired as president this spring. She was inducted into the Canadian Mortgage Hall of Fame in 2006 for her outstanding contributions to the industry.

 

“Karen and the CMHC have played an integral role with both CAAMP and the success of Canada’s real estate finance industry,” says CAAMP CEO Jim Murphy.

 

Individual tickets for the event can be purchased for $375, with special group of 10 rates available. There is also a tribute book available – with varying rates for space.