The
Ohio Seed Improvement Association (OSIA) Science and Education Fund
was established as of July 1, 1993 by OSIA Board of Directors with gifts to the Ohio Seed
Improvement Association Development fund through the medium of cash, securities or
annuities, and bequests from members of OSIA, 6150 Avery Road, Box 477, Dublin, Ohio
43017-0477.
All gifts are to be invested in OSIA's permanent fund, under rules and
regulations adopted by the Board of Directors, with the right to invest and reinvest as
occasion dictates.
Fifty percent of the annual income from the fund shall provide funding for plant
breeding research activities performed by the Ohio Agricultural Research and Development
Center or other qualified entities, and the remaining fifty percent will be designated for
development and promotion activities by the Ohio Seed Improvement Association. The purpose
for, and amount of, each award in any one year, or for a series of years, shall be
determined by an OSIA committee composed of three members from the Ohio Seed Improvement
Association, as follows:
Ohio Seed Improvement Association
President
Secretary/Manager
Chairman, Research Committee
Chairman, Education/Seed School Planning Committee
Chairmanship of the Committee shall be established on a three-year rotation basis among
the OSIA President and other committee chairpersons. The number, size and type of awards
to be made by the OSIA Committee each year shall be dependent upon the annual income from
the fund and any unfulfilled commitments.
Criteria for selection of activities/projects shall include:
Perceived urgency of problems/proposals/challenges involving the
ongoing, or future health of the Certified seed industry in Ohio;
Wishes of major donors to the endowment insofar, as those wishes are
compatible with perceived needs of OSIA and the Certified seed industry in Ohio;
Availability of matching funds from other agencies, entities, or
individuals or individuals.
Should the need for funding cease to exist, or so diminish as to provide
regularly-accumulating unused income, the principal of the endowment shall be made
available to the Ohio State University College of Agriculture's Agronomy Department for
continuing support of equipment purchases, applied research or biotechnology involving the
development of superior performing crop cultivars uniquely adapted to Ohio.
Suggested Levels of Giving
Gift Level |
Recognition |
$50 - 229 |
Certified Seed Industry Supporter - annual recognition in OSIA newsletter.
|
$300 - 999 |
Certified Seed Industry Supporter - Certificate of recognition and
annual recognition in OSIA newsletter. |
$1000 - 4,999 |
Certified Seed Industry Benefactor - Recognition on Seed Industry plaque
(displayed in OSIA Conference room). Annual recognition OSIA newsletter. |
$5000 or more per year
for five years.
|
Certified Seed Industry Sustaining Member - Special plaque of recognition,
annual recognition in OSIA newsletter. |
|