Presita el EsperantoUSA № 2008:4

E-USA Investment Funds, part III

Lasta ĝisdatigo: 2018-04-24

Esperanto-USA has a number of restricted funds, which means they can be used only for specific purposes.

Restricted Funds

The NASKE (Nord-Amerika Somera Kursaro de Esperanto) Fund was originally known as the SFSU Fund, used to pay for scholarships to the NASK summer courses plus some support costs. The name was changed in late 2000 when classes could no longer be held at SFSU. For a few years they were held at the School for International Training in Brattleboro, VT. Courses are now being held at the University of California, San Diego. Income to this fund is generated by contributions and by the investment income from this fund as well as the Ellen Lewis Fund. Ellen Eddy manages the use of the NASKE funds.

The Educational Video Fund was originally started to produce the Steve Allen/Bill Harmon video tape The World of Esperanto. It still exists to fund future video projects. It is now being used to fund continued improvements to the 15-lesson video course, Esperanto, Pasporto al la Tuta Mondo). Lucy Harmon is in charge of the use of these funds.

The Thompson Fund was established when Eugene Thompson donated an amount to provide for travel opportunities for young Esperantists, particularly to enable them to attend the Universalaj Kongresoj de Esperanto. Since the inception of this fund, the Esperanto Travel Service has donated a percentage of its profits each year. Other donations are welcomed. Lucy Harmon is the administrator.

Mixed Funds

The Catherine & William Schulze Fund was started in 1994 as a three-year money-raising project to raise $100,000 in capital. The fund, which was initiated to honor Bill and Cathy Schulze for their lifelong dedication to Esperanto education, is available to provide money for Esperanto-USA education projects. Only the interest is to be used from this fund. Thus, the Schulze Education Fund, which is a Restricted Fund, shows the portion of the fund available for education projects.

The Children Around the World Fund was created in 1999 when Charlotte Kohrs requested that ELNA accept the balance of money from the organization that she had founded. Only the interest from this fund will be used to continue educational projects, primarily for elementary-level children. Ronald Glossop oversees the Restricted CATW Education Fund.

The Thomas A. Goldman Fund was created by an initial donation of $15,000 in 2001 by Teuntje Goldman to honor her husband, Thomas A. Goldman. Only the interest from the fund is to be spent. The purpose of the Restricted Goldman Education Fund is to furnish the Jen Nia Mondo correspondence course, provided by Esperanto-USA, to teach Esperanto to worthy young candidates. The fund is administered by Dorothy Holland.

The Wolff Endowment Fund was created by an initial donation by David Wolff. The purpose of this fund is to support mass media or other publicity projects in North America that will reach large numbers of non-Esperantists. Only the interest from this fund is to be used, as reflected in the Restricted Wolff Publicity-Information Fund.

The Klara Zamenhof Fund was created by the Board to pay first-time membership dues for deserving candidates. The Director of the Central Office (currently Bill Harris) oversees this fund.

Our newest fund is the Don Harlow Literature Fund, established in 2007 to honor Don Harlow and the work he did to promote Esperanto literature, especially on the internet. The goals of the foundation are to preserve Don’s archives of Esperanto literature and eventually expand them with new contributions. The foundation also plans to periodically sponsor contests, similar to Premio Harlow (2007), to encourage endeavors such as literary translation and criticism. Tim Westover oversees this fund.

Other Interest-Only (Permanently Restricted) Funds: Also known as Endowment Funds, these are established funds whose principal cannot be used. Only the income generated by these funds can be used for the intended purposes.

The Massey Fund, as previously explained, was originally started with a large donation by John Massey. Income generated by this fund is allocated to the Unrestricted General Fund.

The Ellen Lewis Fund was established to honor long time Esperantist Ellen Lewis. In 1989, the Board, with the consent of the Lewis family, decided that the interest from this fund should be used for scholarships to help worthy students attend the SFSU summer Esperanto courses (now called NASK and held at the University of California, San Diego). Income generated by this fund is allocated to the NASKE Fund.

If you would like to contribute to any of these worthy funds, simply make your payment to Esperanto-USA, indicating to which fund you would like to contribute.

If you would like to make use of the funds available for some project, contact the person responsible for the fund to see if your project qualifies and how much would be available to you.