Toronto chartered accountant William R. Kay has been appointed Executive Director of the Anglican Foundation of Canada. Mr. Kay, 66, is a former senior partner at Winspear, Higgins, Stevenson and Doane.
As the foundation's director, Mr. Kay will be responsible for the building up and administration of funds. Founded in 1957, the foundation has made available more than $300,000 in grants and $1.25 million in low interest loans to parishes, missions and church institutions, as well as a number of bursaries for men and women studying for the Anglican ministry.
A fellow of the Institute of Chartered Accountants of Ontario and a member of the Law Society of Ontario, Mr. Kay has been very active in civic and church affairs. He is past chairman of the administration and finance committee of the Anglican Church General Synod and served as honorary treasurer until earlier this year.
Mr. Kay's appointment becomes effective immediately.