SETAC Globe - Environmental Quality Through Science
 
  14 February 2013
Volume 14 Issue 2
 

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SETAC North America Endowment Fund Update

Gene Mancini, E.R. Mancini & Associates

As Chairman of the Board of Trustees for the SETAC North America Endowment Fund, I’m pleased to report that the invested principal in the fund currently stands at more than $125,000! A portion of the earnings will be used to support SETAC activities on an annual basis (e.g., meeting participation awards for students and early-career environmental science and engineering faculty). We’ve got matching gift and challenge grant commitments to the fund for 2013, and these will be used to enhance all member contributions this year. We encourage every member to consider a gift to the fund in 2013. The endowment fund is able to accept contributions including pledged or phased contributions over time periods preferred by members.

The endowment fund was established in 2005 and through a combination of current, future and planned gifts, is intended to continuously accumulate investment principal to annually generate investment interest, dividends and related proceeds for the purposes of supporting technical, scientific and educational activities consistent with SETAC’s mission. The annual proceeds from the conservatively invested principal of the endowment fund are intended to sustain SETAC and to support activities encouraging responsible environmental management decision-making, informed by sound environmental science principles. The appointed Board of Trustees for the fund will be responsible for annually maintaining and enhancing the endowment fund principal while committing investment proceeds to relevant and appropriate SETAC projects and activities. The current Board of Trustees is listed here:

  • Doug Fort (Fort Environmental Laboratories, Inc.)
  • Bill Goodfellow (EA Engineering, Science, and Technology, Inc.)
  • Pat Guiney (S. C. Johnson & Son, Inc.)
  • Karen Kidd (University of New Brunswick)
  • Steve Klaine (Clemson University)
  • Gene Mancini (E. R. Mancini & Associates)
  • Paul Mehrle (CardnoENTRIX)
  • Jim McGeer (Wilfrid Laurier University)
  • Dan Schlenk (University of California Riverside)

In these early years, the fund has provided support to student members to participate in SETAC meetings, and we have also committed resources to expand SETAC membership. With proper strategic financial management and continuing member contributions, the endowment fund principal will continuously grow, generating annual support for worthy projects including student functions, specialty symposia, sessions, briefings and annual meeting activities so long as these activities are consistent with SETAC’s mission. The amount of annual support depends upon the size of our fund.

How You Can Help
If you would like to support the fund, you can do so by check or credit card as directed below. You can also make a contribution when paying your annual dues, registering for the SETAC North America annual meeting or while attending specific annual meeting events. Contributions by U.S. members qualify as tax-deductible under the IRS code.

Questions
If you have any questions about the fund, please contact Greg Schiefer at+1 850 469 1500 ext. 105 or Gene Mancini at +1 805 987 7152. Remember, contributions may be made by credit card at www.setac.org/donations, by check to SETAC mailed to the address below, by adding specified funds to your annual dues payment or by contribution at the annual meeting.

Checks for the SETAC North America Endowment Fund may be mailed to:
Greg Schiefer
SETAC
229 South Baylen St., 2nd Floor
Pensacola, FL 32502 USA

Author’s contact information: ermancini@aol.com

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