We are pleased to present the 2018–2019 Endowment Fund Annual Report, which demonstrates the Endowment Fund’s continued growth over the last fiscal year, the important ways students and other colleagues have benefited from your contributions, and the ways we use the Endowment Fund to create lasting impact for and by SOT.
Growth has occurred in both the SOT Mission Funds administered by Council and the Named Funds administered largely by various Component Groups within the Society. During fiscal year 2018/19 (ending June 30, 2019), the Endowment Fund Board approved five new funds: the Yves Alarie Scholarship Fund, the Dr. William M. Baird Travel Award Fund, the Future of Regulatory and Safety Evaluation Endowment Fund, the Legacy Travel Award Fund, and the James A. Swenberg Carcinogenesis Merit Award Fund. These additions brought the total of Named Funds in the endowment to 48. We also reached another milestone, with the total value of the Endowment Funds exceeding four million dollars!
As this report and the more detailed information on the website demonstrate, your contributions are sustaining the growth of the Endowment Fund, and the proceeds of the fund are working for your intent. Please continue to contribute and to recruit others to join the fellowship by giving with you. The Endowment Fund is making a difference and supporting toxicology and our future leaders by advancing the strategic mission areas of SOT.
On behalf of the Endowment Fund Board, thank you for your contributions!