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Annual Report 2005 - Fields Institute - University of Toronto

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John R. Gardner<br />

THESE PAGES SURVEY THE WIDE AND GROWING VARIETY<br />

<strong>of</strong> scientific activity generated and supported by the <strong>Fields</strong><br />

<strong>Institute</strong>. The <strong>Institute</strong> is reaching out and impacting<br />

mathematics across Canada in an ever increasing number<br />

<strong>of</strong> ways that in turn are responsible for the growing recognition<br />

<strong>of</strong> its stature.<br />

At the annual general meeting a year ago the membership<br />

approved changes to the <strong>Institute</strong>’s by-laws that reshaped<br />

our Board <strong>of</strong> Directors, and elected a Board under those<br />

new by-laws. I am pleased to report that the new arrangement<br />

has worked exceedingly well. The Director and I have<br />

been impressed with the strengthened focus on the <strong>Institute</strong><br />

brought to bear by the Board, and with the excellent<br />

working relationships developed among the members <strong>of</strong> the<br />

Board.<br />

It was also one year ago that the Director’s responsibilities<br />

were transferred from Ken Davidson to Barbara Keyfitz.<br />

Barbara very quickly grasped the reins <strong>of</strong> the strong organization<br />

that Ken left in place, and through her role at the<br />

<strong>Institute</strong> is leaving an imprint on mathematics in Canada.<br />

Life continues to move on, however, and Tom Salisbury,<br />

who has contributed very strongly to the <strong>Institute</strong> as<br />

Deputy Director, will be leaving next summer to become<br />

President <strong>of</strong> the Canadian Mathematical Society. In antici-<br />

M e s s a g e f r o m t h e<br />

C h a i r o f t h e B o a r d<br />

pation <strong>of</strong> Tom’s departure, a search is now underway for his<br />

replacement.<br />

The good news in the financial statements forming part <strong>of</strong><br />

this annual report is that the <strong>Institute</strong> has benefited from a<br />

small increase in revenues. In addition the operating statement<br />

shows there has been an increase in the proportion <strong>of</strong><br />

revenues going directly into the support <strong>of</strong> scientific activities.<br />

On the negative side, the <strong>Institute</strong> spent slightly more<br />

in total than the revenues received. While these expenditures<br />

were made in support <strong>of</strong> an enriched and heightened<br />

level <strong>of</strong> activity, they did diminish the <strong>Institute</strong>’s surplus.<br />

Obviously that imbalance cannot continue.<br />

The bulk <strong>of</strong> the <strong>Institute</strong>’s funding comes either directly<br />

or indirectly courtesy <strong>of</strong> government. While we have every<br />

reason to believe that at both the provincial and federal<br />

level even greater benefits would flow from increased<br />

activity at <strong>Fields</strong>, we also recognize that the private sector<br />

benefits in a variety <strong>of</strong> ways from the <strong>Institute</strong>. Accordingly<br />

it is only reasonable to expect the private sector <strong>of</strong> our community<br />

to meet some <strong>of</strong> our resource needs.<br />

At the end <strong>of</strong> 2004 the <strong>Institute</strong> launched its first annual<br />

giving campaign. The effort generated more revenue than<br />

was anticipated, and this initiative will be repeated in the<br />

future. The <strong>Institute</strong> is also studying the prospects <strong>of</strong> a<br />

<strong>Fields</strong> <strong>Institute</strong> <strong>2005</strong> ANNUAL REPORT 4

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