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Stewart R. Wallace — 1919–2009 - Society of Economic Geologists

Stewart R. Wallace — 1919–2009 - Society of Economic Geologists

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8 SEG NEWSLETTER No 78 JULY 2009<br />

FOUNDATION PRESIDENTIAL PERSPECTIVE<br />

Student Programs and Fund-Raising Update<br />

STUDENT PROGRAMS<br />

Each year, the period between mid-<br />

February and mid-May is the busiest<br />

time for SEG Foundation volunteers.<br />

They receive and review Student<br />

Research Grant, Fellowship, and Field<br />

Trip applications and decide who will<br />

receive awards. Following is a brief<br />

summary <strong>of</strong> the results <strong>of</strong> our three<br />

main student support programs for 2009.<br />

Student Research Grants<br />

There were 97 grant applications<br />

received and 42 awards given for a total<br />

<strong>of</strong> US$100,000. In addition, the SEG<br />

Canada Foundation awarded 13 grants<br />

totaling CDN$34,500. These grants will<br />

help students attending 30 different<br />

universities in 10 countries cover field<br />

and laboratory expenses for thesis<br />

research on mineral deposits. A complete<br />

summary <strong>of</strong> 2009 research grant<br />

awards is posted on the SEG website<br />

under Students.<br />

Student Fellowship Awards<br />

There were 28 fellowship applications<br />

received and 16 awards given for a total<br />

<strong>of</strong> US$150,000. These awards will provide<br />

much-needed assistance to students<br />

commencing graduate studies in economic<br />

geology. The fellowship review<br />

committee commented that the general<br />

quality <strong>of</strong> fellowship applications this<br />

year was exceptional.<br />

Student Field Trip<br />

Seventeen students were selected from<br />

31 total applicants to participate in the<br />

field trip to Nevada gold deposits, which<br />

was held during May 12–21. The student<br />

participants represented 17 different<br />

universities in 9 countries. Feedback on<br />

the field trip has been received from<br />

nearly all student participants and it is<br />

overwhelmingly positive.<br />

Please join me in congratulating all<br />

this year’s award recipients. I also extend<br />

our pr<strong>of</strong>ound thanks to Dick Nielsen,<br />

Gerry Carlson (Research Grants), and<br />

John Thoms (Fellowships and Field Trip)<br />

and their respective committee members<br />

for the careful review <strong>of</strong> more than<br />

150 total student applications (all programs)<br />

this year. These volunteers put<br />

tremendous effort and care into the student<br />

support review process and we are<br />

most grateful for their dedication.<br />

Finally, we thank field trip leaders<br />

Bill Chávez and Erich Petersen for their<br />

usual tireless, enthusiastic effort, and<br />

the various mine operations for their<br />

gracious cooperation. The field trips<br />

are extremely important development<br />

opportunities for economic geology<br />

students.<br />

The Foundation also provides support<br />

for SEG Student Chapters (US$20,000),<br />

student membership sub sidies<br />

(US$9,300), and travel for lec turers and<br />

Regional VP activities (US$50,000 total).<br />

In nearly all instances, the lectures and<br />

Regional VP activities reach and have<br />

an important impact on students.<br />

FUND-RAISING<br />

In the last News letter, I mentioned the<br />

fund-raising challenges facing the<br />

Foundation due to the severe global<br />

financial crisis <strong>of</strong> 2008 –2009. The SEGF<br />

Trustees have responded in part by<br />

releasing a “Special Request for Support”<br />

that was sent to the<br />

SEG membership by<br />

e-mail on May 15.<br />

The request also<br />

appears in this<br />

Newsletter on<br />

page 10.<br />

This special<br />

request appeals to<br />

our members and<br />

corporate support-<br />

BARTON SUCHOMEL<br />

SEG Foundation<br />

President 2009<br />

ers for small additional contributions,<br />

in this difficult year, to help the<br />

Foundation maintain the level <strong>of</strong> student<br />

support achieved in the past few<br />

years. The Student Facts shown in the<br />

request are remarkable (e.g., 1,870 students<br />

supported by over $1 million<br />

during 2006–2008; global student<br />

membership increased over 100% in<br />

the same period) and demonstrate that<br />

your generosity is being rewarded<br />

through the encouragement and development<br />

<strong>of</strong> the next generation <strong>of</strong> economic<br />

geologists!<br />

To date (June 1), since initial release<br />

<strong>of</strong> the special request, we have received<br />

45 additional contributions totaling<br />

$8,500, and we are hopeful that<br />

significant further responses will flow in<br />

the weeks ahead. You will find a contribution<br />

form on the SEG website and we<br />

are working to facilitate direct, webbased<br />

contribution capability.<br />

Remainder <strong>of</strong> 2009<br />

For the balance <strong>of</strong> this year, we pri -<br />

marily will be focused on raising funds<br />

to meet and possibly exceed our annual<br />

contributions budget. Together with<br />

SEG Council, we will continue to review<br />

our student support programs and to<br />

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