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THE FISKE FUND
Background The Fiske Fund of the NWA may defray part of your expenses for a woodworking course you may wish to take at an approved woodworking school. With one major exception, most schools are eligible. The major exception is that a course you take at any NWA sponsored event is not eligible. (NWA sponsored events are typically subsidized already by NWA.) The stated purpose of the Fiske Fund is “to provide individual grants for the pursuit of woodworking programs which enhance and advance the understanding and application of woodworking techniques and principles for amateur and professional applications.” The Fiske Fund is named in honor of Milan Fiske, one of the eight founding members of NWA. (Indeed, Milan and Herm Finkbeiner used to discuss the possibility of forming a woodworkers club for two years before NWA was founded.) Milan Fiske left his woodworking tools and lumber collection to NWA to establish an education fund. This was a great start. Over the years the Fund has grown thanks to various people who have made donations. Donations can take various forms, such as cash, a piece made by a member, a tool or wood. Typically a non-cash donation is sold at auction or raffle and the proceeds go to the Fund. The Fiske Fund qualifies as a 501(c)(3) organization, so any donation is tax deductible. How it Works The Fund is administered by a committee of five members. The current Chairperson is Joe Kennedy. Besides its fund raising and financial management duties, the Committee administers the approval of grants. Here is a summary of how it works:
Q’s and A’s How much of an award can I expect? Each application is unique and the amount of the award depends on the application. As a rule of thumb, if your projected budget for tuition, material fees plus room and board is $X, then the award traditionally has been ˝ that amount. (Note that transportation, tools and equipment expenses are not considered when arriving at the award amount, but should still be included.) Are there limits on the award amount? Yes. The Fund is reasonably healthy, but it is not intended to cover everything. As a general rule, if you take an extended course and incur several thousand dollars worth of expenses, your maximum award amount will be $1,000. How many times may I apply for grants? There is no limit on the number of applications you submit. However, there is a $2,000 limit on the amount of awards any member may receive during a five year period. Why do I have to fill out a form and why does the process take so long? From the viewpoint of each individual member who applies for an award these are legitimate questions. From the viewpoint of the entire membership, remember that the Fund exists for all of us, not just for you. Also, the Committee wants to review applications in batches. This is not just for administrative convenience. It helps the Committee to compare one application to another and to have an idea of how much money can prudently be awarded at any time. Finally, the Fund must keep detailed and accurate records of its grants to maintain its tax status. Where can I go to find out about available courses? You can do an internet search of “woodworking courses.” Bob Kehn also keeps a list of various courses. You can e-mail Bob at bobkwila@yahoo.com. If you don’t use a computer, you can look at ads in woodworking magazines and talk to other members.
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