The WSC Foundation
Purpose and History
The purpose of the WSC Foundation (WSCF) is to develop and manage a Fund to help ensure the continuance and high quality of the Winter Simulation Conferences. Management of the Fund consists of (a) providing loans or grants from the Fund to the Winter Simulation Conference (WSC) Board of Directors when the WSC Board makes such requests and the WSCF deems it prudent and wise to do so, (b) allocating the assets of the Fund to balance return, risk, and liquidity, and (c) accepting donations to the Fund and raising money for the Fund as and when it is deemed appropriate. The WSCF operates independently of the WSC Board of Directors, and is also independent of the annual WSC Conference Committees.
The Fund was started in 2003 when the WSC Board of Directors undertook a fund-raising effort that was without precedent in the thirty-six-year history of the conference. At the conclusion of this initial fund-raising effort, the WSC Board of Directors appointed an independent group of five Trustees for the Fund, who organized themselves during 2004 into the WSC Foundation, based on the WSC Foundation By-Laws and WSC Foundation Investment Guidelines, and the Fund was transferred to the control of the WSCF in June of 2004.
Patrons of the WSC
Donors to the Fund are designated "Patrons of the WSC," with provision for both anonymous donations and recognition for the following levels of support as specified by each individual contributor: Patron, any amount; Silver Patron, $125 $249; Gold Patron, $250 $499; and Sustaining Patron, $500 or more. In the case of multiple donations from the same individual, corporation, or organization, the amounts of the donations are cumulative in terms of determining the category of donation. Individuals, corporations, or organizations making a large donation will receive special recognition unless they desire not to.
Donations to the WSC Foundation Fund
Individuals, corporations, and organizations are invited to become Patrons of the WSC. Donations are tax-deductible. Please print the form linked below and follow the instructions on it (if you have any problems with the form please contact firstname.lastname@example.org):
WSC Foundation Documents
Grants and Loans
The WSC Foundation accepts proposals for funding special projects to enhance a
WSC or to assure the continuance of WSC. Proposals for grants or loans from the
WSC Foundation must be prepared using the template provided, and submitted to
the WSCF Trustees via the WSC Board of Directors. A funding decision will be made
within 30 days of the receipt of a completed proposal by a vote of the WSCF Trustees.
WSC Foundation Proposal Template
Winter Simulation Conference Website
Last update January 15, 2011