Extract from Annual Report—2000
The Foundation, established by the Club in 1967, is a tax-exempt
entity whose purposes are to encourage the arts, sciences, literature
and humanities, chiefly through awards or grants. Fifteen trustees
see to the affairs of the Foundation, three being ex-officio by virtue
of holding offices of financial responsibility for the Club.
The other trustees are appointed by the Club's Board of Management.
Apart from the appointing relationship, the Foundation enjoys wide
discretion in conducting its business.
The major continuing functions of the Foundation at this time are
three: (1) funding the annual Cosmos Club Award, which this year
was awarded to Donald A. B. Lindberg, pathologist and Director of
the National Library of Medicine; (2) administering the John P.
McGovern Lecture Awards; and (3) in collaboration with the Consortium
of Universities of the Washington Metropolitan Area, conducting a
program of grants-in-aid to graduate students in local universities.
In addition, the Foundation supports, through a previous endowment
grant, an annual concert at the Phillips Collection.
The grants-in-aid program is now in its third year. Modest grants
are awarded to support specific projects or research needs related
to the students' work toward an advanced degree. There are no
restrictions as to academic field. Proposals are evaluated by the
Trustees and by expert reviewers, for the most part Club members,
whose essential contributions we gratefully acknowledge. In the
2000 competition, we made fourteen awards in response to 168
proposals. This program clearly responds to a real need in the
"young scholars" community, and we continue to seek ways to
expand it.
American writer E.L. Doctorow presented a highly successful
McGovern Lecture this year. Illness compelled Shakespearean
actor and scholar Sir Derek Jacobi to postpone his lecture,
which will be rescheduled some time next year.
Biochemist/entrepreneur Craig Venter is to receive a McGovern
Award and present his lecture in October 2001.
Our modest web page, at http://www.cosmosclubfoundation.org,
describes our activities and provides links to related sites,
such as the Club page and that of the Consortium of Universities.
In another attempt to realize our unique potential as a "convener"
(pointed out several years ago in the 'Millennium Report'), the
Foundation continues to support planning for the "Dialogue"
initiative to identify and explore crucial questions in areas
of national and global concern. Furthermore, this year we have
collaborated with two Club committees (Music and Program) in
facilitating events that extend beyond the Cosmos Club community:
a chamber-orchestra concert and a workshop for counselors in the D.C.
schools.
The work of the Foundation depends heavily on the knowledgeable,
gracious, and patient help of Mrs. Margaret Clark and her
associate, Ms. Jill Mráz. We are much in their debt.
PRIESTLEY TOULMIN, Chairman
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