A statement of understanding between Ray Ontko and Earlham College regarding the creation of a Fund to support collaborative research in Computer Science. Dated October 1, 1996.

Earlham College Computer Science Alumni/Student/Faculty Collaborative Research Endowment Fund Proposal

Objective

To engage Earlham students, faculty, and alumni in collaborative academic pursuits that enhance the educational experience of students, professionally develop faculty, and involve alumni researchers and practitioners in ongoing educational activities in computer science at Earlham College.

Overview

We, alumni and friends of Earlham College, interested in computer science and related fields, would like to promote activities which: We seek to provide funding for educationally appropriate activities which bring students, faculty, and alumni into collaborative efforts to address interesting and important issues in computer science. We believe that these activities could form an important complement to the computer science program at Earlham and distinguish it among institutions of higher education.

Suggested Activities

Here are a few suggested activities that may work to accomplish the goals of this proposal: Many other activities are possible, and ideas for them should come from conversations among interested alumni, faculty, and students. Equipment, speaking fees, travel costs, educational materials, software, and other costs may be covered from the fund. In no case shall the funds withdrawn from the endowed fund exceed the prior year accumulated interest of the fund.

Funding Process

We would like the funding process to be as participatory as possible. Any current student, faculty member, or donor to the college may propose a project by submitting it in writing to the EC CS A/S/F Steering Committee, comprised of a current faculty member, a current declared CS major or minor, and a current-year or prior-year donor to the fund. The Steering Committee shall be responsible for working with authors to develop proposals and for submitting them for review and voting by the students, faculty, and interested alumni.

If funds are to be disbursed in a given academic year, the convenor of the computer science department shall have called elections for student and fund donor representatives no later than October 15 of the prior fiscal year.

The computer science faculty (anyone teaching at least one course in computer science in the prior academic year or scheduled to teach at least one course in the current academic year) shall choose a representative from their membership by approval of majority of their number.

The computer science students (anyone who is a current student and declared computer science major or minor) shall choose a representative from their membership by approval of a majority of their number.

The computer science donors (anyone having given to the fund in the current or prior academic year who is not a current computer science student or computer science faculty member) shall choose a representative from their number by approval of a majority of their number.

The elected Steering Committee shall call for proposals no later than December 15, consider proposals submitted by January 15, and submit these for a vote no later than February 15. The results of the vote are then to be used by the Steering Committee to make a recommendation to the Convenor of the CS department no later than March 15. The Convenor of the Computer Science department shall make a final determination as to which project(s) are funded for the coming year. No funding shall be awarded if the above process is not executed substantially according to this process. For the initial year (1996-1997), this process may approve a project for the spring of 1997, funds permitting.

Money may be disbursed from the fund to cover the costs of administering elections and distributing proposals and balloting materials, although most if not all of the process may be conducted through electronic mail at minimal cost.

In the event that the computer science department ceases to exist for any reason, the above process shall be administered by the convenor of the mathematics department for the purposes of fostering alumni/student/faculty collaborative research in computer science until such time as the computer science department is reconstituted, if ever.

Endowed Fund

We propose the creation of an endowed fund to promote these activities.

The fund shall be officially labeled as the Earlham College Computer Science Alumni/Student/Faculty Collaborative Research Endowment Fund, or more informally, the Computer Science Fund.

Initially gifts will be placed in a quasi-endowment account designated to support Alumni/Student/Faculty Collaborative Research as described elsewhere in this proposal. The principal may remain in the quasi-endowment for up to five years with the assumption that the principal will reach at least $15,000 by October 1, 2001. As soon as the principal reaches $15,000, the fund will become a permanent endowment of the College to serve the described purposes.

If the principal amount does not reach $15,000 by October 1, 2001, the quasi-endowment status will be changed to a restricted account from which both income and principal may be drawn down for the purposes described in this document.

While the principal is in the quasi-endowment account, income may be dispersed by the convenor of the Computer Science department as described elsewhere in this document, or may be returned to principal on an annual basis.

Respectfully submitted,

Ray Ontko '84
Eric Eastman '96
Nick Fankhauser '85
Mark Johnson '92
Charlie Peck '84
Paul Retherford '90
Nathan Treadway '92