By Todd Freeman

Chairman, ISTAT Foundation

Rounding out my first year as Foundation chair, I'm very pleased with our work in progress and proud of some early accomplishments. The Foundation remains strong financially. ISTAT Board support is up, and our fundraising over the last year hit new highs thanks to our many generous donors and the work of our Fundraising Committee under the leadership of Tom Heimsoth. Our three Diamond Plus Rountable contributors—Omni Air International, Diane Ballweg and The Batchelor Foundation—alone were responsible for $600,000 of Foundation financial support.

Scholarships remain as our most important area of giving. There were 30 deserving recipients this past year. Our global outreach continues—nearly half of the scholars were from outside the U.S. and our global university outreach continues to grow. After more than five years of leadership, Dana Lockhart is passing the Scholarship Committee chair position to Peter Huijbers. We thank Dana for all his contributions and welcome Peter to his new role.

Look a full report on the ISTAT Foundation in the Summer issue of Jetrader magazine.