CHRIE FutureFund™ Celebrates Graduate Student Winners in Montreal

Your CHRIE FutureFund™ provided a $1,000 award to eight graduate students, enabling them to attend the 2024 ICHRIE Global Conference in Montreal. There were four Best Paper Winners from the 2024 Graduate Research Conference held at FIU in January, and four winners of the 2024 Dissertation Proposal Competition. One student, Juhwan Lim, from Kansas State University, won both awards.

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.

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

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.