Wednesday, Nov. 6, 1985
Campus/Area
University Daily Kansan
11
Students to invest senior funds
By Jennifer Benjamin
Of the Kansan staff
The 1985 Senior Class Gift Fund has agreed to let the KU Investment Fund, a student campus group, handle its gift money.
The KU Investment Fund, a group of students who started the fund to gain experience handling the members' money, has formed the Income Management Group, John McGannon, Mission Hills graduate student and head of the income group, said Sunday.
The Income Management Group was formed in September to manage funds of KU student groups seeking annual returns on their investments.
The Investment Fund and the Income Management Group are dealt with in different ways,
McGannon said. Students put money in the Investment fund for the risks.
"Right now we've got a stock or two that's down," he said, "but we're expecting it to turn around.
"Most people are not in it for the money. They nut in $100 and have some fun with their money."
The Income Management Group, however, will be conservative with money from other groups it manages, he said. That money will be invested in such things as certificates of deposit to guarantee a return. McGannon said.
Dan Lowe, Olathe graduate student and president of the Class of 1985, said yesterday that the class officers wanted someone else to invest the class's money.
said. "I think they've got a lot of experience and know what they're doing."
"They're capable of handling money," Lowe
The class is forming a fund for an annual award to be given to a KU benefactor, Lowe said. The Senior Class Gift Fund Committee will raise money and hand it over to the Income Management Group.
The class's goal is to raise $5,000 for the Income Management Group to invest, he said. The interest will be used to pay for the annual award.
McGannon said he hoped other classes after the Class of 1885 would want their money managed by the group. The group handles the funds at no charge.
The group's 55 members have experience managing their own money, totaling about $5,500 McGannon said.
Families offer homes for the holidays
By Kady McMaster Of the Kansan staff
At least 30 foreign students will find a home away from home this Thanksgiving break when they participate in the KU Homestay Program.
The program, which has found homes for foreign students during the break for more than 10 years, is sponsored by the office of foreign student services.
Students stay with families in Lawrence and other cities in Kansas. The only cost to the students is transportation.
"This is a good way to help these students see inside American homes." Rosale Thessen, White Water, said yesterday. "It just makes it so much more fun for these students to be in America."
Theisen and her husband, Edgar, have been hosts to foreign students on their farm for more than 10 years. They help coordinate host families in their area through churches and by contacting people that they think would be interested in the program.
"The Lord just opened up our door," she said. "We saw a need for homes for children."
Patricia Willer, assistant director of foreign student services, said about 40 students had signed up to stay in homes Nov. 27-Dec. 1. They will be matched up with families
after filling out an application and interviewing with Willer.
Thirty homes have been volunteered, and Willer said more were needed. Participants will stay in city and farm homes in several cities, including the Kansas City area, Wichita, Topeka and El Dorado.
"Students can only participate in the program once," Willer said. "We don't have enough families to host all of the students."
Willer said host families usually were interested in the cultural aspect of the program.
Thiessen said, "We don't have the finances to travel abroad, so this is the next best thing to traveling. We've really pursued this program over the years. We've seen what it's like for students and for us. It's worth it."
Students think the program is worth it, too.
"I'm really looking forward to it," said Robert Karkafi, Dyblos, Lebanon, freshman. "The most important thing to me is knowing how families here live. It's part of my education."
Karkafi said he wanted to learn about American customs from his host family, as well as share customs from his country.
Willer said most families would share the custom of Thanksgiving by serving a traditional meal.
"The families are not trying to pro-
suffer from culture shock and they don't have any concept of this side of American life. They can see our country in an altogether different way."
Thiessen's family has hosted students from Japan, Ecuador, Mexico and Iraq. They usually host two students during one stay.
Thiessen said she encouraged families not to entertain the students.
"They should let the student see family life as it is," she said. "They need to be introduced to American families. Too many foreign students
"Students get very lonely." Thiessen said.
vide hotel accommodations," Willer said. "The students will share in the cooking, family outings and even doing dishes. Some want to see how families discipline their children."
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UNIVERSITY OF KANSAS LAWRENCE 952640
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