EMPOWER PERPETUATE GROW LEGACY NURTURE ENCOURAGE ADVANCE SUSTAIN

History Founded in 1994 The Foundation’s assets are permanently endowed Endowment distributions evaluated annually Typically 5% of assets distributed each year $10,000,000 in assets at the end of 2013

Mission Provides permanent funding to support ASHRAE $3.5 M in scholarship endowments for tomorrow’s HVAC&R engineers Supports continuing education of HVAC&R engineers in the field $1.5 M in endowments for research promotion

Giving Where does the money come from? You…majority of Foundation support is from individuals Gifts of all sizes welcome Tax advantages of giving Professional Foundation staff to assist you

Scholarships $120,000 awarded in 2013 Scholarships awarded both at Society and Chapter level $60,000 minimum to endow a chapter scholarship $100,000 to endow scholarships from individuals, corporations or foundations Donors can set scholarship selection criteria Invested by the Foundation’s professional money manager Scholarship selection overseen by Scholarship Trustees More information to add

ASHRAE Learning Institute ALI trains HVAC&R engineers Use traditional instructor-based and self-directed studies Foundation support allowed ALI to develop online learning module ALI still needs to charge tuition for materials Increasing the ALI endowment will expand learning opportunities More information to add

Research Promotion Endowment Research promotion permits ongoing technical advances Important projects that advance the profession Positions ASHRAE as the unsurpassed leader in HVAC&R standards Endowment relieves pressure for annual fundraising More information to add

Contact Us… Margaret Smith, Foundation Manager 678-539-1201 / msmith@ashrae.org www.ASHRAE.org/Foundation