Page 82 - Fall2021

FOUNDATION FUND
Table 1. Awards, prizes, fellowships and scholarships supported by the Fund
The Fund has two distinct types of accounts: those with donor restrictions (41%) and those without donor restrictions (59%). As the names imply, these categories inform us how the ASA can spend the monies along with spending rules approved by the Executive Council. As an example, one of the accounts with donor restrictions is the Frank and Virginia Winker Fund, which was created by ASA member Doug Winker to establish and support the Frank and Virginia Winker Memorial Scholarship for Graduate Study in Acoustics. One of the Funds without donor restrictions is the Operating Fund, which supports many activities and all administrative expenses and had $2,969,356 at the end of 2020 compared with $2,685,843 at the end of 2019, an increase of 10.6%.
Summer Undergraduate Research or Internship Experience in Acoustics
The ASA has established a plan to enhance diversity, equity, and inclusion in the field of acoustics (see the Acoustic Today essay by Porter; available at bit.ly/3fvx2F7). As part of this plan, the ASA has created a 12-week paid, summer undergraduate research program for underrep- resented minority students interested in acoustics from around the country. This new program will emphasize training, mentoring, research, and preparing students for graduate studies and careers in acoustics. The Fund supported SURIEA with $30,000 in addition to support from the ASA; American Institute of Physics; National Council of Acoustical Consultants; Threshold Acoustics, LLC; and other donors. As I write this report, SURIEA received 170 applications for support for research in 2021, but funds were available to fully support a maximum of 12 internships. Unrestricted donations to the Fund will help assure that SURIEA extends beyond 2021 and allows the ASA to increase the number of supported students underrepresented in acoustics.
Covid-19 Impact on the Foundation Fund
As I write this report, the world is still dealing with the Covid-19 pandemic. However, with the excellent leadership of the ASA Investments Committee chaired by Dave Adams (which is charged with reviewing the financial investments of the ASA including those of the Fund) and with advice from the Society’s invest- ment advisors, the financial impact of the pandemic has been mitigated. The emphasis on long-term growth has allowed the Fund to weather several storms of the last
Acoustical Oceanography Student Travel Award
ASA Early Career Leadership Fellowship
Frank and Virginia Winker Memorial Scholarship for Graduate Study in Acoustics
Frederick V. Hunt Postdoctoral Research Fellowship in Acoustics
James E. West Minority Fellowship
Leo and Gabriella Beranek Scholarship in Architectural Acoustics and Noise Control
Medwin Prize in Acoustical Oceanography
Pioneers in Underwater Acoustics Medal
R. Bruce Lindsay Award
Raymond H. Stetson Scholarship in Phonetics and Speech Science
Robert Bradford Newman Student Award
Robert J. Urick Prize for Best JASA Article by a Student in Ocean Acoustics
Robert W. Young Award for Undergraduate Student Research in Acoustics
Rossing Prize in Acoustics Education
Royster Student Scholarship Award
Student Transportation Awards
Theodore John Schultz Grant for Advancement of Acoustical Education
Trent-Crede Medal
von Békésy Medal
Wallace Clement Sabine Medal
Wenger Prize for the Student Design Competitions
William and Christine Hartmann Prize in Auditory Neuroscience
connections made by students with each other and with more senior members can change lives. The future of the Society is our students, and this investment in their careers will pay off for decades. With ASA meetings converted to virtual events, no awards from the Student Transportation Fund were made in 2020 but will resume with the Fall 2021 meeting in Seattle, Washington.
82 Acoustics Today • Fall 2021