<HTML><FONT FACE=arial,helvetica><FONT SIZE=2>This is absolutely true. =
Congratulations, Rolf. Just out of curiosity, which came first, =
the (theoretical) creation of the endowed piano tech position, or an initial=
contribution designated for piano technology? (I suppose it cou=
ld be "both/and," too)
<BR>
<BR>It would be interesting to find out what other piano tech positions are =
endowed. I believe that the Pomona College position in So. Ca. is endo=
wed (a very decent 1/2 time position with benefits).
<BR>
<BR>The problem with many schools is that there is great competition for end=
owment funds, and usually the development people are pretty controlling abou=
t it. That is probably true at all schools to some extent, but if the =
school is a liberal arts university it is particularly true. Tha=
t might mean that a potential contribution for a piano technology endowment =
won't materialize, but the development VP may not care, since the concern is=
to make sure that funds go where development wants them to go.
<BR>
<BR>That is why I think it is so important to move forward with the CAUT cre=
dential, and work hard to get the RPT/CAUT on the university map. &nbs=
p;Education, information, creating awareness. But part of that educati=
on should be informing schools of where the endowed piano tech programs are,=
and how these programs can be funded, as you describe in your post.
<BR>
<BR>
<BR>Bill Shull
<BR>
<BR> In a message dated 6/17/03 7:03:23 PM Pacific Daylight Time, pianos@tra=
verse.net writes:
<BR>
<BR>
<BR><BLOCKQUOTE TYPE=CITE style="BORDER-LEFT: #0000ff 2px solid; MARGIN-=
LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px">Richard is right on the mar=
k. We need to think creatively not only about ways to
<BR>spend money but ways to raise it as well. To that end Interlochen =
Center for the
<BR>Arts recently created what I think may be the first endowed chair of pia=
no
<BR>technology in the country. There isn't enough money in the account=
at this time to
<BR>fund an entire position, but I can either turn the money back to increas=
e principal
<BR>or use the interest every year to supplement the base salary the adminis=
tration
<BR>allocates for that position in order to make the salary more competitive=
. At some
<BR>point there could very well be a million dollars in the account from whi=
ch $50K a
<BR>year could be drawn to fund a second position.
<BR>
<BR>Charitable gift annuities (which virtually every non-profit in the count=
ry is
<BR>selling these days) is another way to creatively supplement a program as=
one can
<BR>designate a specific beneficiary at the time they're set up. The bottom =
line with
<BR>any of these methods is to creatively find ways to fund programs through=
donations,
<BR>savings and investment rather than increased allocations from the genera=
l fund. If
<BR>you want to see doors fly open at your school this is one way to do it.
<BR>
<BR>People will donate to building campaigns and endowed faculty chairs as m=
onuments to
<BR>their philanthropy -- less to unspecified projects and operating funds. =
We should
<BR>be pushing school administrators to think about funding the piano techno=
logy
<BR>function the same way they do opera, musical theater and chamber music. =
The more
<BR>positions that can be funded through endowments and restricted funds the=
more
<BR>operating funds can be allocated for such things as instrument acquisiti=
on,
<BR>restoration and higher salaries for faculty and staff.
<BR>
<BR>Rolf von Walthausen
<BR>
<BR>> "rwest1@neb.rr.com" <rwest1@neb.rr.com> wrote:
<BR>
<BR>> Your statement below gets to the heart of the matter/problem.  =
;I don’t<BR>> think administrators have any problem understanding=
how they need to spend
<BR>> money on maintaining some aspect of their university be it pianos,
<BR>> building, grounds, physical plant, etc. Ideas to spend money =
are legion.
<BR>> The problem is to find ways to raise money. We need to do our=
homework and
<BR>> provide the information for administrators to justify spending mone=
y on
<BR>> pianos, but we need to also help in the money raising department an=
d that’s<BR>> where Fred’s email about universal health c=
are comes in. If an
<BR>> administrator can have help to fund a piano technician position via
<BR>> creative budgeting, (funding health care, foundation support, priva=
te piano
<BR>> purchases, etc.) then the position is more likely to be successful.
<BR>
<BR>_______________________________________________
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