Annual Report 2005 - Fields Institute - University of Toronto
Annual Report 2005 - Fields Institute - University of Toronto
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