Endowment Fund for Student SupportOne of the main activities of the NZMS is providing financial support to postgraduate students in mathematics. The Society provides an annual grant to the New Zealand Mathematics and Statistics Postgraduate Conference, helping it to continue as an entirely free event, and also provides direct grants of up to $1000 to allow students to attend workshops, present their research at international conferences, and to develop new collaborations. Many of the students given support have gone on to successful careers in mathematics in New Zealand and overseas. The grants have several benefits for students:
Presently the scheme is funded through membership dues and from an endowment that was built up in the 1980s from the income from publishing textbooks written by Society members. However, to continue and to expand the scheme significantly we now aim to fund it entirely from investment income from donations. In 2007 we received a bequest of $10,000 from the estate of Gloria Olive, a founding member of the NZMS. Its income funds the annual Gloria Olive Student Travel Award. As a charity, the Society does not pay tax on its investment income, making this a very efficient way of providing an income stream. Donations to this valuable fund can be made in several ways:
The name of the donee organisation (“New Zealand Mathematical Society, Inc.”)
Amount of the donation you wish to make
Pay period, or periods you want the donation to me made
The donee organisation’s bank account (BNZ 020630 0341731 000)
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