Educational Endowments
I think UNICEF has it right…when it comes to raising money that is! I can distinctly remember collecting coins in my bright orange UNICEF box at Halloween time years ago (more years than I care to admit!). Like most children, I probably didn’t collect more than a few dollars worth of coins, but imagine if all the children or even a fraction of the children in the US collected a few dollars. They’d add up!
ISA has had a scholarship program for a number of years, but it is sadly under-funded, limiting the number and amounts of scholarships available for promising future Automation Professionals. I have made personal efforts to grow the Education Foundation through small acts like shaking down fellow leaders at meetings for spare change. Believe it or not, this can be quite effective: One year, by the time we got done, and with a few individuals matching the change collected, we ended up with a $1,000.00 donation which in turn was matched by Society funds netting a $2,000.00 increase in the Education Foundation. All from spare change!
Putting spare change aside, it seems that sometimes large donations come from the darndest places. Three weeks ago ISA received a check and endowment agreement from the ISA Alaska Section establishing the Tom Quimby Memorial Endowment Fund in support of student scholarships. In spite of the large oil industry presence, Alaska has a fairly small section covering a huge geographic area. This presents all kinds of problems from a section planning perspective; however, this section, largely centered in Anchorage, is what the Section treasurer Bart Roberts fondly calls the “Little Section That Could.” The Alaska Section chose to send $50,000.00 (WOW!) to ISA, which is in turn matched by Society reserves (what a deal huh!) resulting in a $100,000.00 scholarship endowment (Double WOW!). This is the single largest donation made to the ISA Educational Foundation to date. Thank you Alaska Section!
This may lead you to ask the question, “What does ISA do with money from the Education Foundation?” A very good question, I might add. To date, we have been limited to offering scholarships to a select few candidates on an annual basis. So far the Society has been limited to about $40,000 in scholarships annually, a virtual drop in the bucket seeing as scholarships are offered globally. That being said, given a well funded Foundation, the possibilities become infinite. When the Foundation was originally established ideas abounded—scholarships, research grants, support of international student games, development of a K-12 program to encourage entering the field of automation, etc., etc. Given the expected shortage of workers in the foreseeable future, these programs are needed now, more than ever!
I encourage Members, Sections, Divisions, and corporate partners of ISA and the Automation Federation to consider following the lead of our friends in Alaska. You can start big (like they did) or small by collecting coins to contribute to the Educational Foundation—the smallest donation could make a difference to an individual, an industry, a profession.
ISA has had a scholarship program for a number of years, but it is sadly under-funded, limiting the number and amounts of scholarships available for promising future Automation Professionals. I have made personal efforts to grow the Education Foundation through small acts like shaking down fellow leaders at meetings for spare change. Believe it or not, this can be quite effective: One year, by the time we got done, and with a few individuals matching the change collected, we ended up with a $1,000.00 donation which in turn was matched by Society funds netting a $2,000.00 increase in the Education Foundation. All from spare change!
Putting spare change aside, it seems that sometimes large donations come from the darndest places. Three weeks ago ISA received a check and endowment agreement from the ISA Alaska Section establishing the Tom Quimby Memorial Endowment Fund in support of student scholarships. In spite of the large oil industry presence, Alaska has a fairly small section covering a huge geographic area. This presents all kinds of problems from a section planning perspective; however, this section, largely centered in Anchorage, is what the Section treasurer Bart Roberts fondly calls the “Little Section That Could.” The Alaska Section chose to send $50,000.00 (WOW!) to ISA, which is in turn matched by Society reserves (what a deal huh!) resulting in a $100,000.00 scholarship endowment (Double WOW!). This is the single largest donation made to the ISA Educational Foundation to date. Thank you Alaska Section!
This may lead you to ask the question, “What does ISA do with money from the Education Foundation?” A very good question, I might add. To date, we have been limited to offering scholarships to a select few candidates on an annual basis. So far the Society has been limited to about $40,000 in scholarships annually, a virtual drop in the bucket seeing as scholarships are offered globally. That being said, given a well funded Foundation, the possibilities become infinite. When the Foundation was originally established ideas abounded—scholarships, research grants, support of international student games, development of a K-12 program to encourage entering the field of automation, etc., etc. Given the expected shortage of workers in the foreseeable future, these programs are needed now, more than ever!
I encourage Members, Sections, Divisions, and corporate partners of ISA and the Automation Federation to consider following the lead of our friends in Alaska. You can start big (like they did) or small by collecting coins to contribute to the Educational Foundation—the smallest donation could make a difference to an individual, an industry, a profession.
Labels: Alaska Section Donation
