Since its founding in the mid-1990’s by a group of ICHRIE members, the CHRIE Future Fund™ has been dedicated to providing support to the ICHRIE membership while also building a long-term rainy-day fund for ICHRIE. Fun(d) activities at the Annual Conference have generated slightly over $200,000 in total donations to date, a significant accomplishment and one that has benefited many ICHRIE members. The success of the CHRIE Future Fund™ requires a continual accumulation of donations, while the growth of the fund coupled with a reasonable level of return ensures long-term viability.
The CHRIE Future Fund™ has provided support for the Knowledge Matters Challenge, Case Study Competition, Graduate Student and Graduate Research Conference Best Paper Winners, Dissertation Proposal Competition Winners, and registration to the Annual ICHRIE Conference for twenty-four (24) faculty from developing nations. CHRIE Future Fund™ Committee members have discussed the increasing number of requests for support and want to assist those that meet the objectives of the CHRIE Future Fund™. As the name implies, the CHRIE Future Fund™ is focused on ensuring the long-term future of hospitality and tourism education, and thus also the future of ICHRIE as the leading association for those involved in hospitality and tourism education.
The CHRIE Future Fund™ has developed a new Legacy Program to provide an opportunity for ICHRIE members and friends of ICHRIE to invest in the long-term development of the organization. In addition to the previously mentioned supported projects, the CHRIE Future Fund™ envisions support for industry professionals seeking an internship in academia, support of academic faculty seeking industry internships, and further registration for scholars from developing areas to attend the Annual ICHRIE Conference.
Those who participate in the Legacy Program will be identified as Legacy Founders, Legacy Members, or Legacy Sustainers to recognize their generosity and commitment. Legacy Founders will be those individuals who in 2024 make a pledge to donate a minimum of $10,000 (payable over five years). Legacy Members will be those who make a one-time donation in 2024, and Legacy Sustainers will commit to a regular (monthly, annual) donation starting in 2024. Formal recognition of Legacy Founders, Legacy Members, and Legacy Sustainers will take place in Montreal at the Annual ICHRIE Conference.
The Legacy Program is a bold initiative designed to provide long-term support to generations of hospitality and tourism professionals. Having been created by the CHRIE Future Fund™ Committee and formally approved by the ICHRIE Board of Directors (in December), the CHRIE Future Fund™ is pleased to introduce the Legacy Program to the ICHRIE membership. Additional forthcoming messages in Member Mondays will provide further details on Legacy Program.
For those interested in participating in the Legacy Program, please contact either of the Future Fund Co-Chairs, Bob Bosselman ([email protected]; 515-708-1358) or Fred Mayo ([email protected]; 845-258-8363).
