Vancouver School of Theology

Forming thoughtful, engaged and generous Christian leaders for the church in the 21st century


About the Foundation


Vancouver School of Theology Foundation (Foundation) was established by the Vancouver School of Theology Board of Governors in 2014.  The Foundation was incorporated under the BC Society’s Act February 13, 2014 and granted charitable status in May 2014 under Canada Revenue Agency Business Number 81798 8637 RR0001.

The primary purpose of the Foundation is to support theological education by advancing and promoting the purposes and activities of Vancouver School of Theology through the:

  • prudent management of assets held on behalf of Vancouver School of Theology;
  • receipt of bequests, legacies, donations, gifts, funds and property from all sources; and
  • investment of such funds and property in a manner that provides sustainable grants to the benefit of Vancouver School of Theology.

Gifts to the Vancouver School of Theology Foundation are particularly appropriate when a donor wishes that their gift should be added to the endowment that supports Vancouver School of Theology. It is beneficial for such donors who wish to make a specific direction on the use of their gift to discuss these purposes with leaders of the school to ensure their wishes can be fulfilled. Specific purposes can include establishing and naming scholarships, bursaries, awards, programs and academic chairs.

The long-term goal of the Foundation is not only preservation of capital but growth as well. VSTF follows a spending (granting) policy, consistent with the standards of accreditation of the Association of Schools of Theology, based on total investment income.

For more information on the VSTF, please contact Ms. Kelly Lee in the Principal’s Office at, or call her at 604-827-4317.


To provide a stable, continuous and growing funding stream to VST for the formation and education of thoughtful, engaged and generous Christian leaders.


The VST Foundation engages in the prudent management of investment funds to support the operations, programs and strategic initiatives of the Vancouver School of Theology.


Prudence – careful, practical and far-sighted investment strategy

Responsibility – environmental, social and governance issues incorporated into investment analysis


      1. Seek appropriate disclosure from investment entities
      2. Provide appropriate disclosure to the board of VST and the broader community

VST Foundation Directors

The Venerable Ronald Harrison, Chair

Ronald retired Dec. 31, 2012 as a priest of the Anglican Diocese of New Westminster and its Executive Archdeacon. He studied at UBC 1965-68, earning a B.A. in English literature and history. Seminary training, earning the equivalent of an MDiv., was at the Episcopal Theological College, Cambridge, Mass. from 1968-1971. This included courses each year at Harvard University and Weston Jesuit College. Field placements were two years in a low-income parish, and one year at Mass. General Hospital. One summer was spent doing formal Clinical Pastoral training at Trinity Hospital, Minot, ND, and another doing Biblical and archeological studies in Jerusalem and the region. Prior to becoming executive archdeacon, Ronald was a parish priest for 30 years, including St. Augustine’s, Marpole and St. Philip’s, Dunbar in Vancouver. He served in many different leadership and service roles, and participated in a considerable number of continuing educational courses and activities.

Those relevant to this current role as a Foundation Director were: Royal Canadian Navy officer training (Reserve), which included supply officer training at CFB Borden, Ontario summer 1968 in supply, administration and logistics; Banff Centre for Management – Planned Giving for Canadian Fundraising Professionals (1998) while chairing the Planned Giving Unit of the Diocese; chaired the Financial Development Committee of the Diocese 1988-91 and chaired the Anglican Initiatives Fund Steering Committee; nine years serving on the diocesan Administration and Finance Committee, including the budget sub-committee; nine years as a member of the national Anglican Pension Committee; served as an administrator of the Naval Officers Association of Canada’s Endowment Fund, helping to revive it from dormancy beginning in 1999; President of Camp Artaban Society 1982-87; President of Naval Officers Association of Canada 2005-07; other volunteer leadership roles that involved responsibility for funds. More recently was Chair of the Board of Governors of VST, having served on the Board prior to that, and continue on the Property Development Team of the School.

Mr. Douglas Rae, Secretary

Douglas was born and raised in Vancouver and received his BA in Political Science from UBC. He subsequently received his LLB from the University of Toronto and his LLM from the London School of Economics. He was appointed Queen’s Counsel in 1995. He recently retired from Fasken Martineau DuMoulin (formerly Russell & DuMoulin) after 40 years of practice in civil litigation.

Douglas has been involved with a number of organizations over the past several years. He was Rector’s Warden at St Mary’s Kerrisdale and also served as co-chair of St Mary’s 2011 Centennial Committee. He has also served as a member of the Board of Governors of VST. Other community work includes Chair of the Hood Point Householders’ Society, a member of the Professional Committee of the United Way, a member of the Patrons’ Corp of the Seaforth Highlanders of Canada, and a Director of the Vancouver Recital Society.

Douglas, and his wife Kelly, now spend much of their time at their summer home at Hood Point, Bowen Island which they particularly enjoy when their three sons with their families join them there on holidays.

He is pleased to be considered as a member of the Board of Governors of the VST Foundation.


Mr. Michael Francis, Treasurer

Michael Francis became involved with VST by joining the Turning Point Committee almost three years ago. The Committee was formed by the Board of Governors in order to deal with the financial realities, which were affecting the School. As a Chartered Accountant, it was hoped that Michael could bring accounting and analytical skills to the mix of disciplines assembled on the Committee. The Committee met frequently during a stressful period in the life of the School. Michael was very impressed by the dedication and competence of everyone he met at the School. He served on the Principal Search Committee which broadened his understanding of the School and its mission. When invited to join the Board of Governors he was flattered and keen to accept.

Michael’s background is business and the arts. He has chaired a variety of arts organizations and government arts agencies including The Vancouver Film Festival, The Playhouse Theatre Company, Vancouver City Council’s Committee on the Arts and BC Film and Media. His own artistic discipline is painting. Michael’s business activities include professional practice, venture capital investing and real estate development. He was a Director of Western International Broadcasting at the time when it was Canada’s largest private broadcaster. He Chaired the Board of Directors of BC Ferries and The BC Trade Development Corporation. He recently completed a term as Chairman of the Board of Governors of Simon Fraser University and is Chairman Emeritus of SFU. Michael was honored by his profession in 2000 by being awarded the designation Fellow of the Institute of Chartered Accountants.

In speaking with Perspectives, Michael said “Through this wide experience I have learned some things. I know that integrity matters and that only a wonderful team can achieve wonderful things. I believe that VST is at a good time in its long life. It, too, has learned a lot. We have what it takes to achieve our goals. There is a committed Board of Governors, an outstanding Principal, a respected faculty and an effective staff. In short, a wonderful team.”

Dr. Joy Begley

Joy was born and grew up in New Zealand and received her BCom in Accounting and Finance from the University of Otago in 1981. In 1984 she moved to the U.S. and completed her PhD in Accounting and Finance from the University of Rochester. Joy moved to Vancouver in 1989 to take up a faculty position in the Sauder School of Business at UBC, where she still works as an Associate Professor of Accounting.

Joy attends West Point Grey United Church and serves as treasurer. Joy and her husband, Bill, live in Point Grey and they have two children.

Dr. R. Kenneth Carty

ken carty

Ken Carty is Professor Emeritus of Political Science and the former Brenda & David McLean Chair in Canadian Studies at the University of British Columbia. He is a former Head of the Department, a Distinguished Scholar in Residence at the Peter Wall Institute of Advanced Studies and Director of UBC’s Centre for the Study of Democratic Institutions. He is a Past President of the Canadian Political Science Association.

Carty has been active as a consultant to both national and provincial Royal Commissions of Inquiry, the Canadian Broadcasting Corporation Ombudsman, and to the Chief Electoral Officer of Canada. He was appointed by the Speaker of the House of Commons to be a member of the 2002-03 federal Electoral Boundaries Commission for British Columbia, and during 2003-04 served as the Director of Research for the BC Citizens’ Assembly on Electoral Reform, an innovative exercise in citizen engagement.  He subsequently served as a senior consultant to Citizen Assemblies in The Kingdom of the Netherlands and the province of Ontario as well as to the Constitutional Convention of Ireland.

Carty’s scholarship has been primarily concerned with political parties and electoral systems and he has published widely on politics in Europe, Canada and Australia. His most recent co-authored book When Citizens Decide explored the place and capacity of Citizen Assemblies as deliberative institutions; his forthcoming Big Tent Politics: The Liberal Party’s Long Mastery of Canada’s Public Life will be published by UBC Press in 2015.

Carty is an active member of West Point Grey United Church. He served as a member of the Board of Governors of VST from 1999 until 2007 (chairing the Board from 2001-2006) and the Board of Directors of the VST Property Management Corporation. He is currently a member of the Board of Trustees of the UBC Faculty Pension Plan.

Mr. Graham McIsaac

20151102 Graham McIsaac

Graham McIsaac was born and educated in Scotland, graduating from the Glasgow Academy, Glasgow Scotland in 1968 and obtaining a BA degree in business from Strathclyde University 1971. He qualified as a Chartered Accountant in Scotland 1974, in Alberta 1979 and in BC 1982. Graham was awarded the FCA by Institute of Chartered Accountants of BC November 2006.

His career includes work for Coopers & Lybrand Glasgow & Edmonton 1971-1977; Chief Accountant & VP Controller Canadian Commercial Bank, Edmonton 1977-1981; VP Finance & Administration Morguard Bank of Canada 1982-1987; CFO & COO Canwest Trust 1987-1990; and various positions with HSBC Bank Canada 1990- 2012. While at HSBC Graham was Chief Accountant, COO of Canadian Direct insurance, COO of HSBC Securities, SVP Controller and CFO from 2002-2012. He is currently a Non Executive Director of HSBC Latin America Holding Company.

Graham’s volunteer positions include: Past Board Member & Treasurer of Heart & Stroke Foundation of BC; Past Board Member & Treasurer of Family Services of North Shore; Past President & Board Member of Vancouver Chapter of Financial Executives Institute of Canada; Past Board Member and Chair of Finance & Administration Committee West Vancouver United Church; and currently President and Board Member of Capilano Golf & Country Club.

Graham is married to Fiona and has two daughters Karen & Jennifer.

Mr. Willie Si

Willie was born and raised in Metro Manila, Philippines and received his BSc in Mechanical Engineering from the University of the Philippines. He subsequently received his MSc in Mechanical Engineering while employed as an Instructor of Thermodynamics and Kinematics and Mechanics.

Willie immigrated to Vancouver with his young family in 1990. He is currently a Senior Project Sales and Designer at Euro-Rite Cabinets catering to the multi-family projects in the Lower Mainland, Washington and California.

Willie has been involved with a number of Christian organizations over the past several years. He was a member of the Board of Trustees of the Richmond Christian School in the early 90’s. He served as a Deacon and then as an Elder at the Fujian Evangelical Church in Richmond. He is currently a member of the General Synod Council of the Reformed Church in America, He has also been invited to be a member of the Board of Trustees of Words of Hope, based in Grand Rapids, MI.

Willie and his wife, Arlene, live in Richmond with their two adult sons.

VST Foundation Bylaws (Registry Certified)

VST Foundation Constitution (Registry Certified)


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