MSSM Annual Report 2010-2011
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Transcript of MSSM Annual Report 2010-2011
Maine School of Science and Mathematics Foundation
2011 Annual Report
M SS M
FOUNDATION
The MSSM Foundation helps to ensure the long-term success of the Maine School of Science and Mathematics by raising and distributing
resources to enhance its educational offerings, maintain an outstanding faculty, and ensure access to all qualified students.
Message from the ChairDear Friends,2010-2011 was a highly productive year for the MSSM Foundation. I am happy to report that we accomplished nearly all the goals we set for ourselves last summer – from simple items such as reformatting our financial statements for greater clarity to more complicated ones like formalizing our grant making process and raising over $50,000 for the annual fund. The foundation is operating on solid footing and is expanding its fundraising efforts in support of MSSM's unique mission. We are pleased to be gaining a talented new partner in this effort. Mr. Luke Shorty, MSSM's new Executive Director, brings a contagious level of energy and dedication to his new role. We look forward to working with him to ensure that MSSM has the resources it needs to realize the many innovative ideas that will undoubtedly emerge under his leadership.On behalf of the MSSM Foundation and its beneficiaries, I would like to thank the many staff members, parents, alumni, and friends who contributed during the 2010-2011 school year. Your generosity ensures the continued success of this valued institution. Please join me and my wife in sustaining that momentum by donating to the MSSM Foundation during the upcoming year. Best regards,
Art ThompsonChair, MSSM Foundation
Message from the Executive DirectorDear Friends,It is my honor to address you for the first time as MSSM's Executive Director. As a graduate and a former faculty member, I know how important the foundation is to the school's operations. Private and philanthropic contributions support activities, programs, investments, and student assistance that the school's traditional public funding sources simply cannot cover. When I think of the MSSM Foundation, I think of specific students who could not have attended MSSM, or participate fully in its offerings, if not for the foundation's assistance. I think of faculty members who could not have upgraded their classroom technology or honed their professional skills. And I think of the many times I turned to the foundation for activities that captivated and motivated my students. Projects like those described in this report are often students' most memorable MSSM experiences. Your generosity makes them possible. Thank you for supporting MSSM. During my tenure as Executive Director, I look forward to ensuring that together we offer our students the most enriching educational experience possible and that each of them is able to experience it fully.Sincerely,
Luke C. Shorty, '98MSSM Executive Director
MANY THANKS TO ALL WHO HAVE DONATED.YOUR GENEROSITY KEEPS MSSM STRONG.
-MSSM Foundation Board of Directors 2010-2011
Arthur Thompson, ChairLimestone
Douglas BastonAlna
Amanda Brinkman, '07South Berwick
Michael EdgecombRockland
Kevin FlaniganPittsfield
Dorothy HaveyLincolnville
Erich Hunter, '96, Vice-ChairOrrington
David King, TreasurerLimestone
Sylvia LowryMonroe
Jerry PiehArrowsic
Luke Shorty, '98, SecretaryLimestone
Steve SymondsBelgrade
Congratulations to the Class of 2011
The MSSM Foundation wishes MSSM's most recent graduates all the best in their future endeavors. Members of the Class of 2011 are attending the following colleges:
Allegheny CollegeBentley UniversityClarkson UniversityDrexel University
Elizabethtown CollegeEmbry-Riddle Aeronautical
UniversityGeorgia Southern University
Harvard CollegeMassachusetts College of Pharmacy
and Health ServicesMount Allison University (2)Northeastern University (3)
Oxford UniversityQueens College
Rensselaer Polytechnic Institute
Rhodes CollegeRutgers University
The University of the SouthSUNY Farmingdale State College
St. Lawrence UniversityTufts University
University of Central FloridaUniversity of Maine
University of Maine FarmingtonUniversity of North Carolina Wilmington
University of South FloridaUniversity of Southern Maine
University of SussexWentworth Institute of Technology (3)
Worcester Polytechnic Institute (2)
MSSM Foundation at Work
During the 2010-2011 school year, donations to the MSSM Foundation supported a broad array of initiatives, from financial aid and payment of AP test fees to faculty professional development. The Foundation does not publicize assistance given to individual students. Below are examples of the more visible ways in which the generosity of our donors helped to enhance the MSSM experience.
First Matthew P. Cesare Memorial Scholarship Awarded
Matthew Peter Cesare was an MSSM student from Ambajejus Lake, near Millinocket, who loved the outdoors and had a quick smile. He was part of the MSSM community from the first year he attended summer camp as an elementary school student to his eventual enrollment and untimely death midway through his junior year. To honor Matthew's memory, his family, friends, and donors to the MSSM Foundation established a summer camp scholarship in his name. The fund is now large enough to support a full camp scholarship into perpetuity. We were pleased to award the scholarship for the first time to a promising first-time camper from Lincoln. Many thanks to all those who have ensured that Matthew's memory lives on at MSSM.
Weather Balloon Ex-STRATO-ganza
In May, MSSM marked the end of the school year with a day of hydrogen explosions, chemical smoke demonstrations, human-scale DNA represenations, and balloon launches. The highlight of the “Ex-STRATO-ganza” was the launching of two weather balloons into the lower stratosphere. Each balloon carried unique contents: an MSSM banner; compost, seeds, and a Geiger counter to measure radiation; and video cameras. Students and teachers tracked the balloons with GPS and retrieved them approximately 48 hours later in Canada. Next fall, the students will analyze the impact of radiation by planting the seeds in MSSM's hydroponics garden. To see local television coverage of the launch by Presque Isle's WAGM, go to http://www.wagmtv.com/newssource8/story/2011-05-09-mssm-weather-balloon-launch.
Community Effort Brings Hydroponics to MSSM
In the fall of 2010, MSSM transformed 43 Trafton Drive from staff housing to a closed-system hydroponics garden. The garden lets students explore real-world applications of engineering, physics, biochemistry, and plant genetics. The project was truly a community effort, with expertise and funding coming from MSSM staff members, parents, alumni, students, and outside donors.
It began with a visit from Brett Thompson, a Master Gardener and parent of MSSM
graduate Lowell Thompson, '05. Mr. Thompson taught students about vermiculture, the science of worm composting, and helped them construct worm bins. Then MSSM alum Michael Fabio, '98, donated the materials for solar hot-air panels to heat the garden, which he constructed with help from Mr. Shorty, a fellow MSSM alum. A grant from the Perloff Family Foundation brought these pieces together by paying for the lighting, tubing, water and air pumps, lumber, manifold, fans, and tools needed to construct a fully functioning indoor hydroponics garden.
With the project constructed, MSSM students contributed countless hours throughout the year to maintaining and monitoring the garden. Students in Dr. Eustis-Grandy's Genetics class practiced extracting genetic material from the plants and Mrs. McGann's Biology students are designing experiments for next year. One experiment already in the works is to see how a springtime trip to the stratosphere (via weather balloons) will affect the growth of seeds next year. To take a virtual tour of the garden, visit MSSM's YouTube channel, MSSMAVISION.
MSSM Visits the Cape Eleuthera Institute
In early January, ten MSSM students and their faculty chaperones, Dr. Eustis-Grandy and Mr. Shorty, traveled to the Island Institute on the Bahamian island of Eleuthera to learn about tropical ecology and how technology can help to sustain humans in areas with little freshwater and soil. The group worked with researchers at the Cape Eleuthera Institute, a
facility that promotes connections between humans and their environment. One group of students studied shark ecology, gathering data on the relative abundance of juvenile lemon sharks between creek systems in South Eleuthera. Another group studied the impact of invasive lionfish on the abundance and diversity of native reef fish.
Kristi Garci and Elizabeth Coyne record results from a lemon shark line. Photo by William Popov
Paul Webster Pact, Nikolai Hersfeldt, and James Lee assist in construction of the hydroponics garden.
A CEI Scientist and MSSM student Casey Thornton '11 check a fishing line for lemon sharks. Photo by William Popov
MSSM Visits World-Class Turbine Testing Facility in Netherlands
In May, MSSM mathematics instructor Luke Shorty and three MSSM students accompanied staff from the University of Maine's AEWC Advanced Structures and Composites Center on a trip to MARIN, a large-scale facility for testing floating wind turbines in the Netherlands. The group's travel expenses were shared by the University of Maine, students' families, and the MSSM Foundation. The following letter is from student Nate Faessler.
George Peterson, Nate Faessler, and Darius Haskell at MARIN Labs in the Netherlands
Recognizing Our Donors: 2010-2011
Executive Director Circle ($2,500 and higher)AnonymousDoug & Barb BastonJoceline M. BoucherThe Henderson Family Scholarship FundElisabeth Heyward
Associate Circle ($1,000-$2,499)Chae & Dennis CoyneDowney Family Charitable FoundationMichael Fabio Marshall & Ruth-Anne GibsonLowry Aeration SystemsBelva & Harry Morris Scholarship FundArthur & Marilyn ThompsonMargaret Ziegler Trust
Friends Society ($500-$999)AnonymousRaymond Aris & Mary ThronJill A. BixbyCatherine Reilly & Brian deLutioLynn DupontRichard DupontJohn M. Eagleson Jr. InstituteJeffrey A. HathawayElizabeth & Dwight HavuKatahdin Trust CompanyKris-Way Truck LeasingWilliam Sloane Jelin FoundationNSME Community Care TeamJames & Pauline PattersonDavid A. & Valeria C. PetersonJerome & Lucy PiehEdward & Carole RedmondElizabeth Reuthe AssociatesClifford L. RhomeSargentville Thursday ClubDory & David Streett & MentionElizabeth & Steven Symonds
Patron Level ($250-$499)Karl & Theresa BirkhoferAnthony & Ramona CesareChristina Cesare & Flint ChristieForest W. ClarkDale GordonHope Teachers AssociationWalter G. Horbert Key BankDavid & Alva KingSusan PinesKenneth A. & Ann K. PutneyVirginia SarsfieldJeremy ShuteShannon Smith & Nathan Theriault
Fellow Level ($100-$249)Susan & William AltoBruce Baker Daniel BastonRona BayrdLucy Benjamin & Clifton Page
Henry Herrington, Ben St. Laurent and James Lee help to build the hydroponics garden
David & Penny BouchardPhilip BouchardJanet & Donald BrushettClass of 2011Cole CoutureDearborn Precision Tubular Products DeLorme Daniel & Dandra DolanDavid & Cheryl DowDown East Credit Union Stefan Dreisbach-WilliamsDawn DucharmeDucktrap River of Maine LLC Michael EdgecombDebbie Eustis-GrandyEvelyn A. FendersonFerris Variety, Inc.Carolyn & Anthony FilauroDavid & Luella HaskinsFrederick HeinemanWillard & Annete HertzJonathan & Debra HogateGerald & Alice HoltAnna Horbert Family TrustChristopher & Karen JohnsonStephen and Cynthia KeatingMichael LambertLane ConstructionMichael & Sara LeaheyMargaret LeTarteLister-KnowltonDana & Katherine LittlePaul E. Luke
Beth MahoneyMaine Savings Federal Credit UnionTerence & Holly MalloyDavid & Gail McCarthyMicrosoft - JK Group Inc.Microsoft Matching Gifts ProgramMMG Insurance CompanyJames W. NicholsMurrough O'Brien & Johannah HartCharles OlneyAyodele OlugbemiRebecca Anne PhilbrickPleasant Street Bed & BreakfastRound Pond Art GalleryBarbara TaylorSusan ThebergeLaurier & Wanda TurcotteGreg & Nancy WardLinda & Donald Zillman
Benefactor Level ($50-$99)Christopher & Yvonne BastonJosef & Lisa BergerErica BickfordThomas & Dorothy BickfordWhitney BouchardMelville & Joan Clark-FournierValerie & Craig ComstockSamuel Crichlow Dale & Sheila Dintaman
Mr. Shorty and Dr. Eustis-Grandy with students on their J-Term trip. Photo by William Popov
MSSM student Klaas Pruiksma completes a math problem.
Eleanor M. DunnMariellen & Jonathan EatonEd's ElectricKathryn FossBenjamin FreemanBethany GalligherNicole C. GrohoskiDorothy HaveyHope Elementary SchoolEric & Maya HowardErich & Holly HunterRichard & Mary Jane JarrettCraig KesselheimCpts Douglas K. & Linda J. LeeJeffrey LovitMichael & Deborah McGannAnthony Michaud & Melissa MillerJohn & Wendy MitchellNancy Morand-Thurston & Barry
ThurstonNeal Dealer ServicesDeanna PartridgeNora & Bob PetersonJames & Gloria PowersPride ManufacturingVioletta PriestleyElizabeth & John RandallJoe & Lyn RowdenSeven Oaks SawmillJanet L. SimpsonEun Soon & Conghan Lee
Nora Sosnoff & Kenneth BrechnerDr Walter A. SpechtConrad & Katherine StrackUnited WayRichard & Nola Urban
Contributor Level ($1-$49)Ekaterina BezoradkaLucille BouchardPeter & Gerri BridgmanJoan Mueller & Patrick ChristianMelinda DavisKyle DempseyAngela FilauroDaniel FreedmanDonald GoldsmithSusan & Stuart HollandJohn Hoy & Mary SauerJason JuddMolly LetschWenda & Paul MeyerBernard & Norma ShawLuke ShortyEmily P. Stoer
Income Statement 2010-2011For twelve months ending June 30, 2011
RESTRICTED Income
Contributions 32,445.90Endowment Income 3,120.00Investments 0.00Grants 1,720.00Other Revenue 1,000.00Interest & Dividends 894.40Total Income 39,180.30
ExpensesAdvertising 0.00Alumni Association 1,578.25Parents Association 0.00Endowment Expenses 0.00MCF Fees 696.00Grant Expenses 1,302.37Professional Development 0.00Program Enhancements 1,654.45Public Relations & Outreach 0.00Student Assistance 14,167.00Summer Camp Scholarships 7,145.15Technology 0.00Miscellaneous-TBD 0.00Total Expenses 26,543.22
Net Restricted Income 12,637.08
UNRESTRICTEDIncome
Contributions 35,907.96Endowment Income 4,030.00Investments 2.80Grants 0.00Interest & Dividends 1,647.80Total Income 41,588.56
ExpensesAccounting 2,880.00Bank Service Fees 399.94Dues & Fees 303.25Travel 179.52Postage 824.09Printing 222.80Purchased Services 12,000.00Supplies 129.64Insurance 997.00MCF Fees 1,418.79Miscellaneous 0.00Total Expenses 19,355.03
Net Unrestricted Income 22,233.53
Total Restricted & Unrestricted Income 34,870.61
NET ASSETSChange in Net Assets - FY 10/11 34,870.61Net Assets on July 1, 2010 315,509.95
Total Net Assets 350,380.56
General Endowment Grows to Over $100,000
On September 11, 2011, the MSSM Foundation Board of Directors voted to deposit over $30,000 into the General Endowment fund held at the Maine Community Foundation. This action pushes the fund’s balance to over $100,000 and will help to secure future support for MSSM's students and programs.
Balance Sheet 2010-2011June 30, 2011
ASSETSCash Accounts
Checking - Restricted 33,380.07Checking - Unrestricted 65,998.45Total Cash Accounts 99,378.52
Investments
Maine Community Foundation*Restricted
Duncan Innes Fund 67,400.93Faculty Professional Development 11,871.26Matthew P. Cesare Memorial Fund 12,303.76Total Restricted 91,575.95
UnrestrictedAllen B. Downey Fund 30,325.66Stanley N. Marshall Fund 11,950.05Paula & James E. Haddow Fund 11,748.20George C. Fullenkamp Fund 13,348.01Friends Endowment Fund 17,545.84The Bergen Fund 11,481.75General Endowment 70,257.57Total Unrestricted 166,657.08
Total Maine Community Foundation 258,233.03
Vanguard**Unrestricted 0.00
Total Vanguard 0.00
Total Investments 258,233.03
Total Assets 357,611.55
LIABILITIESAccounts Payable 7,230.99
Total Liabilities 7,230.99
TOTAL NET ASSETS 350,380.56* The Maine Community Foundation (MCF) is the non-profit organization that manages and invests the MSSM Foundation's endowed funds, facilitates stock transfers, and manages operational funds.** The MSSM Foundation closed its Vanguard investment account this year. Future investment needs will be handled through new or existing accounts with the Maine Community Foundation.
M SS M
FOUNDATION
Maine School of Science and Mathematics Foundation
95 High StreetLimestone, Maine 04750
207.325.3303
www.mssm.org/about/the_mssm_foundation