Let's cut to the chase

[Bdshull@aol.com]

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This is absolutely true.  Congratulations, Rolf.  Just out of curiosity,=20
which came first, the (theoretical) creation of the endowed piano tech posit=
ion,=20
or an initial contribution designated for piano technology?   (I suppose it=20
could be "both/and," too)

It would be interesting to find out what other piano tech positions are=20
endowed.  I believe that the Pomona College position in So. Ca. is endowed (=
a very=20
decent 1/2 time position with benefits).

The problem with many schools is that there is great competition for=20
endowment funds, and usually the development people are pretty controlling a=
bout it. =20
That is probably true at all schools to some extent, but if the school is a=20
liberal arts university it is particularly true.   That might mean that a=20
potential contribution for a piano technology endowment won't materialize, b=
ut the=20
development VP may not care, since the concern is to make sure that funds go=
=20
where development wants them to go. =20

That is why I think it is so important to move forward with the CAUT=20
credential, and work hard to get the RPT/CAUT  on the university map.  Educa=
tion,=20
information, creating awareness.  But part of that education should be infor=
ming=20
schools of where the endowed piano tech programs are, and how these programs=
=20
can be funded, as you describe in your post.


Bill Shull

 In a message dated 6/17/03 7:03:23 PM Pacific Daylight Time,=20
pianos@traverse.net writes:


> Richard is right on the mark.  We need to think creatively not only about=20
> ways to
> spend money but ways to raise it as well.  To that end Interlochen Center=20
> for the
> Arts recently created what I think may be the first endowed chair of piano
> technology in the country.  There isn't enough money in the account at thi=
s=20
> time to
> fund an entire position, but I can either turn the money back to increase=20
> principal
> or use the interest every year to supplement the base salary the=20
> administration
> allocates for that position in order to make the salary more competitive.=20=
=20
> At some
> point there could very well be a million dollars in the account from which=
=20
> $50K a
> year could be drawn to fund a second position.
>=20
> Charitable gift annuities (which virtually every non-profit in the country=
 is
> selling these days) is another way to creatively supplement a program as o=
ne=20
> can
> designate a specific beneficiary at the time they're set up. The bottom li=
ne=20
> with
> any of these methods is to creatively find ways to fund programs through=20
> donations,
> savings and investment rather than increased allocations from the general=20
> fund.  If
> you want to see doors fly open at your school this is one way to do it.
>=20
> People will donate to building campaigns and endowed faculty chairs as=20
> monuments to
> their philanthropy -- less to unspecified projects and operating funds.  W=
e=20
> should
> be pushing school administrators to think about funding the piano technolo=
gy
> function the same way they do opera, musical theater and chamber music.  T=
he=20
> more
> positions that can be funded through endowments and restricted funds the m=
ore
> operating funds can be allocated for such things as instrument acquisition=
,
> restoration and higher salaries for faculty and staff.
>=20
> Rolf von Walthausen
>=20
> > "rwest1@neb.rr.com" <rwest1@neb.rr.com> wrote:
>=20
> > Your statement below gets to the heart of the matter/problem.  I don=E2=
=80=99t

> > think administrators have any problem understanding how they need to spe=
nd
> > money on maintaining some aspect of their university be it pianos,
> > building, grounds, physical plant, etc.  Ideas to spend money are legion=
.
> > The problem is to find ways to raise money.  We need to do our homework=20=
and
> > provide the information for administrators to justify spending money on
> > pianos, but we need to also help in the money raising department and tha=
t=E2=80=99s

> > where Fred=E2=80=99s email about universal health care comes in.  If an
> > administrator can have help to fund a piano technician position via
> > creative budgeting, (funding health care, foundation support, private pi=
ano
> > purchases, etc.) then the position is more likely to be successful.
>=20
> _______________________________________________
> caut list info: https://www.moypiano.com/resources/#archives
>=20
>=20
>=20



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