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CHRIE FutureFund™ Spends 100% of Funds Raised on Awards for Members

When deciding to provide a donation, individuals often inquire as to how their donation will be used.

The very best charities, according to philanthropic research, spend the overwhelming percentage of funds on actual charitable activities, and not on such items as marketing or salaries. However, your CHRIE FutureFund™ has always spent 100% of any funds received on awards, so you can be assured your donation is being maximized.

While neither ICHRIE nor CHRIE FutureFund™ are charities, ICHRIE is a non-profit entity that focuses on education. CHRIE FutureFund™, for explanatory purposes, is an investment account under supervision of the ICHRIE Finance Committee that supports the long-term success of ICHRIE and its members. For those who file taxes in the United States there is a slight advantage to donating funds to non-profits/charities, and with changes in recent U.S. tax laws may only apply to those who itemize deductions. It is understood that those from outside the U.S. may have different rules associated with donating to non-profits and charities. What is important to know is that writing a significant check to CHRIE FutureFund™ will have maximum impact of the amount.

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CHRIE FutureFund™ Supports Best Paper Winners

Xinying Xu, Chang Ma, Juhwan Lim, Alberto Beiza and Dr. Robert Bosselman (left to right)

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ICHRIE & Future Fund Support Graduate Students Research

For many years, ICHRIE and its CHRIE FutureFund™ had supported Best Paper winners from the Graduate Education & Graduate Student Research Conference in Hospitality & Tourism by awarding complimentary registration to the ICHRIE Annual Conference to each student winner.  During Future Fund Committee meetings held in fall 2022, co-chairs Misty Johansen and Carl Winston encouraged committee members to think bigger in terms of Future Fund impact. At its December meeting, committee members voted unanimously to approve awarding each student Best Paper winner from the Graduate Conference with a $1,000 award voucher. The award voucher provided complimentary registration for the 2023 ICHRIE Annual Summer Conference in Phoenix, as well as allowing the respective winner to choose among a complimentary one-year ICHRIE membership, reimbursement of lodging in the JW Marriott Phoenix Desert Ridge Resort & Spa during conference, or reimbursement of airfare to/from Phoenix, with total award maximum of $1,000.

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                                                                   Florida Atlantic Univ                          FL Gulf Coast Univ                     FL International University                                                                                                                                                            Temple Univ                                               Univ of North Texas                Washington State Univ