2012 FOUNdATION ANNUAL REPORT - ISSA.com

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Scholarship Awards by YearAssets have steadily increased since the foundation’s inception in 1989. In 2000-01, the awards were $2,500. Currently,the ISSA general scholarships are $3,000, with hopes of raising the awards to $3,500 in the near future. In 2012, the ISSAFoundation awarded 58 scholarships, totaling nearly $170,000 in tuition aid.050000100000Total Number of Scholarships(includes general and designated awards)150000200000201258 awards$169,372201166 awards$176,090201060 awards$170,253200961 awards$167,224200857 awards$169,879200759 awards$174,907200654 awards$158,285200554 awards$155,814200450 awards$144,240200347 awards$130,000200247 awards$138,500200147 awards$113,000200048 awards$113,00010 20 30 40 50 60 70 80 90 100 110 120 130 140 150 160 170 180Total annual distribution in thousands of U.S. dollarsDistrict scholarship amount per award=$2,500 =$3,00062012 ISSA Foundation Annual Reportwww.issafoundation.org
Foundation Giving OpportunitiesDesignated Scholarship ProgramTo establish a designated fund, a donor makes contributions that must reach US$15,000 by the end of the third yearfollowing an initial minimum contribution of $3,000. While growing toward the $15,000 qualifying amount, investmentincome accrues to the ISSA Foundation’s general fund. Once the fund reaches $15,000, investment income of thefoundation is distributed pro rata to the fund. If a pending fund does not achieve $15,000 within the required time or thebalance falls below $3,000, remaining funds are folded into the foundation general fund. Designated scholarship amountsshall be specified by the Designator or Alternate and awarded at least annually in an amount that is no less than theconcurrent ISSA District Scholarship Awards amount.General Scholarship ProgramDistrict scholarships in the amount of $3,000 are awarded from the foundation general fund. There are approximately 25district awards issued each year. Recipients must be full-time undergraduate or graduate students enrolled at a four-yearacademic institution in the fall of the award year.Scholarship Sponsor ProgramThe Scholarship Sponsor Program enables an ISSA member firm to sponsor a District Scholarship Award for a singledonation equal to the value of that scholarship. This means that if a member firm donates $3,000, the donor company mayselect a District Scholarship Award to be presented in its name. A scholarship in the name of your company may go a longway toward encouraging today’s young leaders to seek and appreciate a career in the cleaning and maintenance industry.Civic ProgramsThe ISSA Foundation works through alliances with charitable organizations such as AmeriCares to coordinate the effortsof ISSA members to help disaster relief victims. ISSA’s alliance with Good360 (formerly Gifts In Kind International), wasestablished in 1995. The program allows members to take year-round advantage of the organization’s free donationmanagementservices—and reap tax benefits of up to twice cost!2012 ISSA Foundation Annual Reportwww.issafoundation.org7
Page 1 and 2: 2012foundationAnnual Report
Page 3 and 4: Table of ContentsLetter From the IS
Page 5: 2012 Financial Highlights2012 ISSA
Page 9 and 10: 2012-13 Scholarship RecipientsNearl
Page 11 and 12: Manufacturer Representatives’Scho
Page 13 and 14: Kyle Ogden, Garland, TXO’Regan Ma
Page 15 and 16: 2012 Supporters24-7 Maintenance, In
Page 17 and 18: Brock Services, LLC, Kingsport,TNBr
Page 19 and 20: D & E Supply Co., Inc., Bismarck,ND
Page 21 and 22: Greater Toronto AirportAuthority, T
Page 23 and 24: Kroonint B.V., Rotterdam,Netherland
Page 25 and 26: Novozymes Biologicals, Inc.,Salem,
Page 27 and 28: RWK Services, Inc.,Independence, OH
Page 29 and 30: The Paperhouse Corp., SanJuan, PRTh
Page 31 and 32: Contribution FormYOUR SUPPORT WILL

2012 FOUNdATION ANNUAL REPORT - ISSA.com

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