Maine School of Science and Mathematics Foundation
2011 Annual Report
M S S 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 Chair Dear 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 Thompson Chair, MSSM Foundation
Message from the Executive Director Dear 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, '98 MSSM Executive Director
MANY THANKS TO ALL WHO HAVE DONATED. YOUR GENEROSITY KEEPS MSSM STRONG. -MSSM Foundation Board of Directors 2010-2011 Arthur Thompson, Chair Limestone
Kevin Flanigan Pittsfield
Sylvia Lowry Monroe
Douglas Baston Alna
Dorothy Havey Lincolnville
Jerry Pieh Arrowsic
Amanda Brinkman, '07 South Berwick
Erich Hunter, '96, Vice-Chair Orrington
Luke Shorty, '98, Secretary Limestone
Michael Edgecomb Rockland
David King, Treasurer Limestone
Steve Symonds Belgrade
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 College Bentley University Clarkson University Drexel University Elizabethtown College Embry-Riddle Aeronautical University Georgia Southern University Harvard College Massachusetts College of Pharmacy and Health Services Mount Allison University (2) Northeastern University (3) Oxford University Queens College Rensselaer Polytechnic Institute
Rhodes College Rutgers University The University of the South SUNY Farmingdale State College St. Lawrence University Tufts University University of Central Florida University of Maine University of Maine Farmington University of North Carolina Wilmington University of South Florida University of Southern Maine University of Sussex Wentworth 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-balloonlaunch.
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.
Paul Webster Pact, Nikolai Hersfeldt, and James Lee assist in construction of the hydroponics garden.
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 A CEI Scientist and MSSM student Casey Thornton '11 check a fishing line for lemon sharks. Photo by William Popov
Kristi Garci and Elizabeth Coyne record results from a lemon shark line. Photo by William Popov
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.
MSSM Visits World-Class Turbine Testing Facility in Netherlands
George Peterson, Nate Faessler, and Darius Haskell at MARIN Labs in the 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.
Recognizing Our Donors: 2010-2011 Executive Director Circle ($2,500 and higher) Anonymous Doug & Barb Baston Joceline M. Boucher The Henderson Family Scholarship Fund Elisabeth Heyward Associate Circle ($1,000-$2,499) Chae & Dennis Coyne Downey Family Charitable Foundation Michael Fabio Marshall & Ruth-Anne Gibson Lowry Aeration Systems Belva & Harry Morris Scholarship Fund Arthur & Marilyn Thompson Margaret Ziegler Trust Friends Society ($500-$999) Anonymous Raymond Aris & Mary Thron Jill A. Bixby Catherine Reilly & Brian deLutio Lynn Dupont Richard Dupont John M. Eagleson Jr. Institute Jeffrey A. Hathaway Elizabeth & Dwight Havu Katahdin Trust Company Kris-Way Truck Leasing William Sloane Jelin Foundation NSME Community Care Team James & Pauline Patterson David A. & Valeria C. Peterson Jerome & Lucy Pieh Edward & Carole Redmond Elizabeth Reuthe Associates Clifford L. Rhome Sargentville Thursday Club Dory & David Streett & Mention Elizabeth & Steven Symonds
Patron Level ($250-$499) Karl & Theresa Birkhofer Anthony & Ramona Cesare Christina Cesare & Flint Christie Forest W. Clark Dale Gordon Hope Teachers Association Walter G. Horbert Key Bank David & Alva King Susan Pines Kenneth A. & Ann K. Putney Virginia Sarsfield Jeremy Shute Shannon Smith & Nathan Theriault
Henry Herrington, Ben St. Laurent and James Lee help to build the hydroponics garden
Fellow Level ($100-$249) Susan & William Alto Bruce Baker Daniel Baston Rona Bayrd Lucy Benjamin & Clifton Page
David & Penny Bouchard Philip Bouchard Janet & Donald Brushett Class of 2011 Cole Couture Dearborn Precision Tubular Products DeLorme Daniel & Dandra Dolan David & Cheryl Dow Down East Credit Union Stefan Dreisbach-Williams Dawn Ducharme Ducktrap River of Maine LLC Michael Edgecomb Debbie Eustis-Grandy Evelyn A. Fenderson Ferris Variety, Inc. Carolyn & Anthony Filauro David & Luella Haskins Frederick Heineman Willard & Annete Hertz Jonathan & Debra Hogate Gerald & Alice Holt Anna Horbert Family Trust Christopher & Karen Johnson Stephen and Cynthia Keating Michael Lambert Lane Construction Michael & Sara Leahey Margaret LeTarte Lister-Knowlton Dana & Katherine Little Paul E. Luke
Beth Mahoney Maine Savings Federal Credit Union Terence & Holly Malloy David & Gail McCarthy Microsoft - JK Group Inc. Microsoft Matching Gifts Program MMG Insurance Company James W. Nichols Murrough O'Brien & Johannah Hart Charles Olney Ayodele Olugbemi Rebecca Anne Philbrick Pleasant Street Bed & Breakfast Round Pond Art Gallery Barbara Taylor Susan Theberge Laurier & Wanda Turcotte Greg & Nancy Ward Linda & Donald Zillman
Mr. Shorty and Dr. Eustis-Grandy with students on their J-Term trip. Photo by William Popov
Benefactor Level ($50-$99) Christopher & Yvonne Baston Josef & Lisa Berger Erica Bickford Thomas & Dorothy Bickford Whitney Bouchard Melville & Joan Clark-Fournier Valerie & Craig Comstock Samuel Crichlow Dale & Sheila Dintaman MSSM student Klaas Pruiksma completes a math problem.
Eleanor M. Dunn Mariellen & Jonathan Eaton Ed's Electric Kathryn Foss Benjamin Freeman Bethany Galligher Nicole C. Grohoski Dorothy Havey Hope Elementary School Eric & Maya Howard Erich & Holly Hunter Richard & Mary Jane Jarrett Craig Kesselheim Cpts Douglas K. & Linda J. Lee Jeffrey Lovit Michael & Deborah McGann Anthony Michaud & Melissa Miller John & Wendy Mitchell Nancy Morand-Thurston & Barry Thurston Neal Dealer Services Deanna Partridge Nora & Bob Peterson James & Gloria Powers Pride Manufacturing Violetta Priestley Elizabeth & John Randall Joe & Lyn Rowden Seven Oaks Sawmill Janet L. Simpson Eun Soon & Conghan Lee
Nora Sosnoff & Kenneth Brechner Dr Walter A. Specht Conrad & Katherine Strack United Way Richard & Nola Urban Contributor Level ($1-$49) Ekaterina Bezoradka Lucille Bouchard Peter & Gerri Bridgman Joan Mueller & Patrick Christian Melinda Davis Kyle Dempsey Angela Filauro Daniel Freedman Donald Goldsmith Susan & Stuart Holland John Hoy & Mary Sauer Jason Judd Molly Letsch Wenda & Paul Meyer Bernard & Norma Shaw Luke Shorty Emily P. Stoer
Income Statement 2010-2011 For twelve months ending June 30, 2011 RESTRICTED Income Contributions Endowment Income Investments Grants Other Revenue Interest & Dividends Total Income
32,445.90 3,120.00 0.00 1,720.00 1,000.00 894.40 39,180.30
Expenses Advertising Alumni Association Parents Association Endowment Expenses MCF Fees Grant Expenses Professional Development Program Enhancements Public Relations & Outreach Student Assistance Summer Camp Scholarships Technology Miscellaneous-TBD Total Expenses
0.00 1,578.25 0.00 0.00 696.00 1,302.37 0.00 1,654.45 0.00 14,167.00 7,145.15 0.00 0.00 26,543.22
Net Restricted Income
12,637.08
UNRESTRICTED Income Contributions Endowment Income Investments Grants Interest & Dividends Total Income
35,907.96 4,030.00 2.80 0.00 1,647.80 41,588.56
Expenses Accounting Bank Service Fees Dues & Fees Travel Postage Printing Purchased Services Supplies Insurance MCF Fees Miscellaneous Total Expenses
2,880.00 399.94 303.25 179.52 824.09 222.80 12,000.00 129.64 997.00 1,418.79 0.00 19,355.03
Net Unrestricted Income
22,233.53
Total Restricted & Unrestricted Income
34,870.61
NET ASSETS Change in Net Assets - FY 10/11 Net Assets on July 1, 2010
34,870.61 315,509.95
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 2010-2011 June 30, 2011 ASSETS Cash Accounts Checking - Restricted Checking - Unrestricted Total Cash Accounts
33,380.07 65,998.45 99,378.52
Investments Maine Community Foundation* Restricted Duncan Innes Fund Faculty Professional Development Matthew P. Cesare Memorial Fund Total Restricted
67,400.93 11,871.26 12,303.76 91,575.95
Unrestricted Allen B. Downey Fund Stanley N. Marshall Fund Paula & James E. Haddow Fund George C. Fullenkamp Fund Friends Endowment Fund The Bergen Fund General Endowment Total Unrestricted
30,325.66 11,950.05 11,748.20 13,348.01 17,545.84 11,481.75 70,257.57 166,657.08
Total Maine Community Foundation
258,233.03
Vanguard** Unrestricted Total Vanguard
0.00 0.00
Total Investments
258,233.03
Total Assets
357,611.55
LIABILITIES Accounts Payable Total Liabilities TOTAL NET ASSETS
7,230.99 7,230.99 350,380.56
* 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 S S M FOUNDATION
Maine School of Science and Mathematics Foundation 95 High Street Limestone, Maine 04750 207.325.3303 www.mssm.org/about/the_mssm_foundation