THE KOSCIUSZKO FOUNDATION The American Center for Polish Culture
2009 Annual Report
1 Contents
The Mission of the Kosciuszko Foundation 3 U.S. AND POLISH ACADEMIC ADVISORY COMMITTEE 4 EXHANGE FELLOWSHIPS AND GRANTS FOR POLISH CITIZENS 5 SCHOLARSHIPS IN THE HUMANITIES 6-9 POLISH STUDIES SCHOLARS 10 SCHOLARSHIPS IN THE SCIENCES 11 SCHOLARSHIPS IN LAW 12 SPECIAL AND TRAVEL GRANTS 13-15 THE DOMESTIC SCHOLARSHIP PROGRAMS 16 Domestic Tuition Scholarships 16 DOMESTIC TUITION SCHOLARS 17-30 THE YEAR ABROAD PROGRAM IN POLAND 31 GRADUATE STUDIES AND RESEARCH IN POLAND 32 SUMMER STUDY ABROAD PROGRAM 33-34 TEACHING ENGLISH IN POLAND 35-37 ANNUAL DINNER AND BALL 38 AFFILIATE GROUPS 39-41 FINANCIAL STATEMENTS 42
2
The Mission of the Kosciuszko Foundation
Founded in 1925, the Kosciuszko Foundation is dedicated to promoting and strengthening understanding and friendship between the peoples of Poland and the United States through educational, scientific and cultural exchanges and other related programs and activities. It awards fellowships and grants to graduate student scholars, scientists, professionals and artists and helps to increase the visibility and prestige of Polish culture in America’s pluralistic society by sponsoring exhibits, publications, film festivals, performing arts such as concerts and recitals, and assists other institutions with similar goals.
3 U.S. and Polish Academic Advisory Committee
The Foundation would like to take this opportunity to express its sincere appreciation to the members of the U.S. and Polish Academic Advisory Committees, whose members review and interview all of the applicants for the Fellowships and Grants Program.
The U.S. Academic Committee is composed of:
Professor Henry Bokuniewicz Marine Science Research Center, State University of New York at Stony Brook. Mr. Joseph E. Gore, Esq. President and Executive Director, The Kosciuszko Foundation, Inc. Professor Thaddeus V. Gromada Executive Director, The Polish Institute of Arts and Sciences of America, New York Dr. Christopher Lange SUNY, Health Science Center, Brooklyn, New York Dr. John Micgiel East Central European Center, Columbia University, New York. Dr. Ewa Radwanska, M.D. Ph.D. Rush University Medical Center in Chicago Professor Bozena Shallcross Department of Slavic Languages, University of Chicago.
Members of the Polish Academic Advisory Committee include
Dr. Andrzej Dakowski Director of the Polish Fulbright Commission in Warsaw Professor Piotr Horbatowski Director, School of Polish Language and Culture, Jagiellonian University. Professor Robert Klosowicz Department of Diplomatic History and International Policy, Institute of Political Sciences and International Relations, Jagiellonian University. Professor Zbigniew Lasocik LL.D., Dean, Law Department, The Lazarski School of Commerce and Law in Warsaw. Former Fellow of The Kosciuszko Foundation. Professor Ellina Lunarska Institute of Physical Chemistry, Polish Academy of Science in Warsaw. Professor Robert Pilat Institute of Philosophy and Sociology of the Polish Academy of Science in Warsaw.
4
EXCHANGE FELLOWSHIPS AND GRANTS FOR POLISH CITIZENS
KOSCIUSZKO FOUNDATION FELLOWSHIPS AND Among them were five Teaching GRANTS are awarded annually to Polish Fellowships as part of continuous support citizens for advanced study/research for Polish Studies programs at various and teaching at universities, institutions American Universities since 1992. of higher learning and scientific / medical centers in the United States. During the 2008/09 academic year the Foundation sponsored Teaching Under the program, The Foundation Fellowships at University of Connecticut awards Fellowship to postgraduate at Storrs; SUNY at Buffalo; University of scholars, professionals or artists with Indiana at Bloomington; University of degrees. Grants are awarded to those Massachusetts at Amherst and Hunter without doctoral degrees. Fellowships College, City University of New York. and Grants are awarded for 3, 6, or 10 month periods, depending on the In addition to funding, the Foundation nature and scope of the research provides support to the Fellows and project, the recommendations of the Grantees prior to their arrival and during American institution of higher learning, their stay in the United States. Every and the U.S. and Polish Academic effort is made to help the participants Advisory Committees. and their families with travel, housing, medical insurance, visa and U.S. During fiscal year 2009, 32 Polish scholars homeland security procedures. and scientists successfully completed Foundation staff contacts Fellows and their scholarly and scientific projects, Grantees frequently throughout their receiving nearly $500,000 in support from stay in the United States. Whenever the Foundation. The Fellows and feasible, Foundation staff conducted Grantees had been carefully chosen for exit interviews. All grant recipients are the program in a highly selective required to submit a final written process of screening, including personal activities report. interviews in Warsaw. .
5 Scholarship in the Humanities
Grantee Position Subject of Research/Study Amount Fund BANKA, Ewelina Ph.D. candidate, Three month Grant to conduct research $7,650 Zelosky Fund Department of towards her Ph.D. thesis entitled View from American Literature the City Shore: Identity and Urban Space in and Culture, Maria Contemporary Native American Literature at Curie-Sklodowska Arizona State University, Tempe, Arizona with University in Lublin. Professor Simon J. Ortiz. CAPIK, Beata Librarian/Bibliographer, Five month Grant to compile bibliography of $11,710 Bauer Fund Department of Foreign American Polonia in particular the Polonica, National publications by Polish emigrants at the Polish Library, Bibliographic Institute of Arts and Sciences in America Institute, Warsaw. under the supervision of Professor Thaddeus V. Gromada. CIESLA, Anna Archivist, The State Five month Grant to conduct research in the $11,710 Bauer Fund Archive of the City of archives of the Polish Institute of Arts and Warsaw. Sciences in America under the supervision of Professor Thaddeus V. Gromada. DYLEWSKI, Radoslaw Assistant Professor, Three month Fellowship to conduct research $9,970 The Stanislas Department of History on colonial American vocabulary at the Chylinski Fund of English, School of University of New Hempshire, Durham, New English, Adam Hempshire with Professor Naomi Nagy. Mickiewicz University in Poznan. GARUS-HOCKUBA, Freelance film director, Three month Grant to conduct research $7,650 Spiezny Fund Bozena scriptwriter in towards her documentary film on the life of cooperation with Polish Artur Rodzinski, the distinguished Polish TV and Polish Film American conductor at various archives in Institute. the USA. GLUSZEK, Alicja Ph.D. candidate in Three month Grant to conduct research on $7,650 Roehr Fund Political Science, USA-Mexican Efforts to Combat Trafficking in Institute of American Persons at Georgetown University,
6 Grantee Position Subject of Research/Study Amount Fund Studies and Polish Washington, DC with Professor Julie Elizabeth Diaspora, Jagiellonian Walsh. University. GODLEWSKI, Grzegorz Professor, Head of Three month Fellowship to conduct research $9,970 Bauer Fund Research Team, Institute on the impact on Major Models of Verbal Art of Polish Culture, in Their Cultural and Media Contexts: University of Warsaw. Theoretical Bases of the Anthropological Approach and Case Studies at the State University of New York at Buffalo with Professor Janina Brutt-Griffler. JASINA, Lukasz Ph.D. candidate in Three month Grant to conduct research on $7,650 Frees Fund History, Research the treatment of Polish-Jewish relations in post Center, Institute of East- war American historiography at Brandeis Central Europe in Lublin. University, Waltham, Massachusetts with Professor Anthony Polonsky. KORNAT, Marek Assistant Professor, Three month Fellowship to conduct research $9,970 Bauer Fund Institute of History, Polish for a book on Raphael Lemkin Polish- Academy of Sciences American lawyer and his contribution to the in Warsaw. humanization of the international relations at the Center of Jewish Studies, New York City. KOSSEWSKA, Elzbieta Assistant Professor, Three month Fellowship to conduct research $9,970 Spiezny Fund Institute of Journalism, entitled Polish Soldiers and Refugees in University of Warsaw. Palestine During and After the Second World War at the Pilsudski Institute in New York, The Archives of the Polish Army Veterans Association of America in New York and Polish Music Center, University of Southern California, Los Angeles. KUBICA-HELLER, Assistant Professor, Three month Grant to conduct research on $7,650 Spiezny fund Grazyna Department of Social Professor Feliks Gross at Rutgers University, Anthropology, Department of Political Sciences with Jagiellonian University. Professor Jan Kubik and at the archives of the Polish Institute of Arts and Sciences in America in New York with Professor Thaddeus V. Gromada.
7 Grantee Position Subject of Research/Study Amount Fund KROL, Zofia Ph.D. candidate, Three month Grant to conduct research for $7,650 KF Scholarship Department of her doctoral thesis What does it mean to be and Tarski Funds Philosophy and attentive? An analysis of the Category of Sociology, University of Attention in Contemporary Philosophy and Warsaw. Literature at the New School University with Professor Simon Critchley. LIPSZYC, Dominika Ph.D. candidate, Three month Grant to conduct research $7,650 Bauer Fund Department of Italian toward her Ph.D. thesis Problems and Roles of Philology, University of Women Connected with Italian Mafia in Italy Warsaw. and in the United States at the Italian American Institute in New York City. MROZ, Malgorzata Ph.D. candidate, Three month Grant to conduct research for $7,650 Frees Fund Department of Modern her Ph.D. thesis on Bilingual First Language Languages, University of Acquisition of Relative Clauses in Polish and Warsaw. English at the Department of Linguistics and Philosophy, Massachusetts Institute of Technology, Boston, Massachusetts with Professor Suzanne Flynn. NOWAK, Katarzyna Assistant Professor, Three month Fellowship to conduct research $9,970 The Stanislas Department of English, on the project The Loss of Mother/Tongue. Chylinski Fund University of Wroclaw. Performing Body in Exile and in Discourse at Loyola Marymount University, California with Professor Holli Levitsky. PALONKA, Radoslaw Ph.D. candidate, Three month Grant to conduct research for $7,650 Basista Fund Department of History, his doctoral dissertation Defensive Institute of Archeology, Architecture and the Depopulation of the Jagiellonian University. Mesa Verde Region, Utah-Colorado, USA in XIII Century A.D. at the Department of Anthropology, University of Arizona, Tucson with Professor John W. Olsen. RACHON, Piotr Lecturer, Department of A Grant to cover living expenses to study $10,000 Cierpik Fund Musicology, Cardinal towards a Ph.D. degree in organ Stefan Wyszynski performance at the University of Houston- University in Warsaw. Moores School of Music with Professor Robert
8 Grantee Position Subject of Research/Study Amount Fund Bates. RZEPECKA, Marta Assistant Professor, Three month Grant to conduct research for $7,650 Bauer Fund Department of English, doctoral dissertation Negotiating Teacher Training Communism: Exploring Richard Nixon’s Anti- College in Sandomierz. Communism Rhetoric at the Department of Communication, Texas A&M University, College Station with Professor Richard Street. SKWARA, Marta Professor, Department Three month Fellowship to conduct research $9,970 Jarzembski Fund of Polish and for a book entitled The Polish Whitman. A Comparative, University foreign Poet in a National Culture at the of Szczecin. Obermann Center for Advanced Studies, University of Iowa with Professor Ed Folsom. WOJCIUK, Anna Ph.D. candidate in Three month Grant to conduct research for $7,650 Kf Scholarship International Relations, doctoral dissertation Evolution on the Nation Fund Polish Academy of of Power in the Theory of International Science in Warsaw. Relations and its Analytical Applications at the Graduate School of Social Research, University of Denver with Professor Jack Donnelly. WOLKOWSKA-WOLSKA, Archivist, Archive of St. Three month Grant to conduct research for a $7,650 The Stanislas Agata Mary’s Basilica in book to be published jointly with Professor Chylinski Fund Krakow. Stanislaw Waltos on the post WW II story of the Veit Stoss Altar stolen by the Nazis from occupied Poland and later recovered and returned to Poland with the assistance of the US government at the National Archives and Library of Congress in Washington, D.C. at College Park, Maryland.
9
POLISH STUDIES SCHOLARS
Grantee Position Subject of Research/Study Amount Fund JOZEFOWICZ, Slawomir Assistant Professor, Institute Ten month Teaching Fellowship to teach courses in $30,500 The Stanislas of Political Studies, Faculty the Polish Studies Program at State University of Chylinski Fund of Journalism and Political New York at Buffalo. Science, University of Warsaw. PAMULA, Salomea Assistant Professor, Center Ten month Teaching Fellowship to teach courses in $30,500 The Stanislas of the Polish Language the Polish Studies Program at the University of Chylinski Fund and Culture in the World, Connecticut at Storrs. Jagiellonian University. PROCHNIAK, Wioletta Assistant Professor, School Ten month Teaching Fellowship to teach courses in $30,500 The Stanislas of Polish Language and Polish language in the Polish Studies Program and Chylinski Fund Culture, John Paul II to conduct research on the use of literary texts in Catholic University of the Glottodidactic process at Indiana University, Lublin. Bloomington, IN. TYSZKIEWICZ, Jakub Professor, Department of Ten month Fellowship to teach courses of Polish $20,000 The Stanislas History, University of History and Culture in the History Department, Chylinski Fund Wroclaw. University of Massachusetts, Amherst and to collect material for a research project US Ambassadors in Communist Poland and Their Role in Bilateral Relations in 1956-1968 with Professor Robert Rothstein, Director, Program in Slavic and East European Studies, University of Massachusetts in Amherst, MA.
10 Scholarships in the Sciences
Grantee Position Subject of Research/Study Amount Fund KOWALSKA, Ph.D. candidate, Three month Grant to conduct research for a $7,650 Zaleski Fund Magdalena Department of doctoral thesis Evaluation of Mechanical Geotechnics, Silesian Parameters of Subsoil for Loading History at University of Catholic University of America, Department Technology, Gliwice. of Civil Engineering, Washington, DC with Professor Pal V. Lade. PEDZISZ, Piotr Assistant Professor, Three month Grant to conduct research on $7,650 Sendzimir Fund Department of the Meniscal Transplantation for the Orthopaedics and Prevention of Degenerative Joint Disease and Traumatology of the to observe surgical procedure at the Hospital Locomotor System, for Special Surgery in New York and the Insall Medical University of Scott Kelly Institute in New York. Warsaw. ROBAKOWSKI, Piotr Associate Professor, Three month Fellowship to conduct research $9,970 Zaleski Fund Department of Forestry, on Photosynthesis of Forest Trees Under The August Cieszkowski Global Warming at the Department of Forest Agricultural University of Resources, University of Minnesota, St. Paul, Poznan. Minnesota with Professors Peter Reich and Jacek Oleksyn. TYSZKA, Jaroslaw Associate Professor, Three month Fellowship to conduct research $9,970 The Stanislas Institute of Geological on the Problems of Earth reconstruction Chylinski Fund Sciences, Polish history at the State of New York Department Academy of Sciences of Health, The Governor Nelson A. Rockefeller in Warsaw. State Plaza, Albany New York with Professor Samuel S. Bowser.
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Scholarships in Law
Grantee Position Subject of Research/Study Amount Fund GEBUSIA, IWONA Counsel, Czajec-Don Three month grant to conduct research $9,970 The Stanislas Siemion & Zyro Sp.K. in and to prepare a comprehensive guide to Chylinski Fund Warsaw private equity issues, based on the comparative analyses of the United States and Polish Law at Harvard Law School Library and New York University, Law Library MIKLASZEWSKA, Professor Department of Three month grant to conduct research for $9,970 The Stanislas EWA Finance, Economic her book on current challenges to large, Chylinski Fund University of Krakow complex financial institutions and strategic response to them including regulatory proposals at Global Business Institute, Stern School of Business in New York City with Professor Ingo Walter and Roy C. Smith
12 SPECIAL AND TRAVEL GRANTS
AMOUNT PURPOSE GRANT
$31,400 To cover the costs of the The Stanislas Chylinski and Wysocki Funds Parliamentary Youth Exchange Program's final portion including one week Civic Education Workshop and one week the Joint Leadership Camp in Krakow. Both events are organized by the Kosciuszko Foundation. The Foundation is an American partner of this Program which was initiated by United States Senator from Indiana, Richard G. Luger and is administrated by American Councils for International Education in Washington D.C. $20,000 To Dr. Aleksandra Wesolowska, T. Sendzimir Centennial Scholarship Fund Assistant Professor, Laboratory of Transcription Regulations, Nencki Institute of Experimental Biology a winner of the 2008 Tadeusz Sendzimir Centennial Award. $12,385 Annual Sponsorship of the Tadeusz Sendzimir Fund Department of Environmental Sciences at AGH University of Sciences and Technology, in Krakow Poland for ten years as annual support for the cost of faculty and students exchanges, scientific conferences and for purchase of technical materials and equipment.
$10,000 Towards the purchase of The Josephine Krakowiak Lempicki Spirakos educational equipment for the Fund. orphan children at the Dom dla Dzieci w Lopuszcze Malej and Dom dla Dzieci w Dynowie established and run by the Fundacja Pomocy Mlodziezy im. Jana Pawla II “Wzrastanie”- Lopuszka Mala near Rakszawa, Poland. $7,000 To Professor Krzysztof Koehler, Old Polish Literature Fund Ms. Elwira Buszewicz as well as to Wydawnictwo Wyzszej Szkoly Filozoficzno-Pedagogicznej in Krakow towards the publication of the book Stanislawa
13 Orzechowskiego i Augusta Rotundusa debata o Rzeczypospolitej. This publication project was made possible through the generosity of Professors James and Ewa Thompson, Rice University, Houston, TX. $5,000 To Pulaski Memorial Parade The Stanislas Chylinski Fund Committee, Inc. towards expenses connected with the 71st Annual Pulaski Day Parade in New York City held on October 4th, 2009. $5,000 To Professor Christopher Lipinski The Stanislas Chylinski Fund a Scientific Advisor to Melior Discovery for his presentation and a lecture at the Polish Academy of Arts and Sciences in Krakow held on November 6th, 2008. The lecture was a part of an initiative entitled Distinguished Lectureship of the Jagiellonian Medical Research Center. $3,000 To Dr. Mariola Szydlowska a Marcinkowski Fund former grantee of the Kosciuszko Foundation towards a publication of the book on Polish artists in the United States entitled: Between Broadway and Hollywood. Essays on Polish Artists in the United States.” $2,500 In support of the 20th Polish Film The Stanislas Chylinski Fund Festival in Chicago held in November 2008. $2,000 2009 Professor Michal Smialowski Michal Smialowski Fund Award to Dr. Halina Krawiec, Institute of Physical Chemistry, Polish Academy of Sciences, Warsaw for her outstanding doctoral dissertation in the field of Material Science. $1,500 Towards the New England Bobinski Fund premiere of Mieczyslaw Karlowicz violin concerto performed by the Augusta Symphony Orchestra and guest soloist and former KF scholarship winner, Kinga Augustyn held on November 9th, 2008. $1,400 To Agnieszka Holland film T. Sendzimir Fund retrospective – the cost of hosting a special lunch on
14 December 11, 2008 to mark the opening of the Polish Film Festival in New York. $1,000 To Ms. Hanna Hartowicz in Cierpik Fund support of the 5th annual Polish Film Festival in New York, held in May 2009. $1,000 In support of Polish Cultural Brys Fund Council of Pittsburgh Three Rivers Polish Film Festival held on November 8-21, 2008. $1,000 A travel grant to Dr. Pawel Wladyslaw Surmacki Fund Michalak to attend the ION International Teachnical Meeting 2009 in Anaheim, California on January 26-28, 2009. $925 To Family Stages for The Stanislas Chylinski Fund performance of Nicholas Copernicus, The Center of Light, November 8, 2008. $687 Honoraria to Prof. Marysia Watkins Fund Dzieduszycka, Prof. Krystyna Illakowicz and Prof. Grazyna Drabik for the literary event, a tribute to Zbigniew Herber, prominent Polish poet held at the Foundation house on November 13th, 2008. $500 To American Council for Polish The Stanislas Chylinski Fund Culture in support of their annual exhibition prepared for the National Conference for the Social Studies, held on November 14-16, 2008. The theme of the exhibition will continue to focus on Jamestown’ 400th Anniversary.
15 The Domestic Scholarship Programs
Scholarships to Americans and Polish Americans, known informally as the "domestic" programs, form an integral part of the Kosciuszko Foundation's Educational programs. Four separate programs comprise the Domestic Scholarship Program:
• The Domestic Tuition Scholarship Program for Graduate Studies • The Graduate and Post-graduate Study and Research Program for Americans in Poland • The Year Abroad Program in Poland, and • The Summer Study Abroad Program
The Foundation awarded scholarships to 108 Americans at American Universities, comprised of Polish Americans and Americans who are studying primarily Polish studies, for total scholarship proceeds of $306,270.
Domestic Tuition Scholarships
The Kosciuszko Foundation awards Domestic Tuition Scholarships to Polish Americans, Americans studying Polish subjects, and Poles who are permanent residents of the United States to pursue graduate studies in the United States.
The Tuition Scholarships are granted on a competitive basis to full time students at accredited American universities who have an excellent academic record and who are able to demonstrate a strong sense of identification with the Polish American community and with Polish culture in general.
Though the majority of scholarships are designated for graduate study, a limited number are available for undergraduate study. In order to achieve a fair and reasonable diversity amongst grantees, in determining awards, consideration is given to a number of factors, including the age, scholarly affiliation, geographic region and gender of the applicants.
For the 2008/2009 academic year 83 undergraduate and graduate students received $260,250 in Tuition Scholarships.
Of this total, 11 students received $21,750 in scholarships from the Massachusetts Federation of Polish Women's Clubs, the Polish American Club of North Jersey, and the Polish National Alliance of Brooklyn, USA, Inc., whose scholarships are administered by the Foundation and are offered to undergraduate students who are affiliated with these organizations.
16 Domestic Tuition Scholarships 2008-2009
Name Purpose Fund Amount Andrzejczak, Olivia of for first year of graduate Albert Spiezny $5,000 Hackensack, NJ studies in Investigative Journalism Scholarship Journalism, Columbia Fund University, New York, NY Barczyk, Amanda of for third year PhD program Richard Sobieraj $3,000 Austin, TX in Social Work, University Scholarship Fund of Texas, Austin, TX Barker, Michael of New for third year of graduate Walter Jarzembski $3,000 Haven, CT studies in Theater Scholarship Fund Management, Yale University, New Haven, CT Berger, Agata of for third year of graduate $3,000 from Irena and $6,000 Philadelphia, PA studies in Medicine, Damian Wandycz Thomas Jefferson Scholarship Fund and University, Philadelphia, $3,000 from The Dr PA Edward and Maria Nowicki Memorial Scholarship Fund Bieda-Krutysz, Agata of for second year of graduate Dr Irene S Pyszkowski $3,000 Brooklyn, NY studies in Teaching English Scholarship Fund to Speakers of Other Languages, The New School University, New York, NY
17 Name Purpose Fund Amount Bochenska, Katarzyna of for second year of graduate Walter Jarzembski $4,000 Lake Forest, IL studies in Medicine, Scholarship Fund University of Illinois, Chicago, IL Bzdak, Ewa of San for third year of graduate Victoria Kokernak $3,000 Gabriel, CA studies in Social Work, Scholarship Fund University of Southern California, Los Angeles, CA Cheloha, Hannah of for second year of graduate Dr Casimir V $2,000 Tempe, AZ studies in Secondary Kierzkowski Scholarship Education, Arizona State Fund University, Tempe, AZ Conroy, Courtney of for sophomore year of Massachusetts Federation $2,500 Chicopee, MA undergraduate studies in of Polish Women’s Clubs Early Childhood Education, Fund Salve Regina University, Newport, RI Curren, Leslie of Landing, for third year of doctoral Stan Lesny Scholarship $2,000 MI studies in Zoology and Fund Ecology, Michigan State University, East Lansing, MI Dabek, Diane of Miami, for first year of graduate Edward C Smith $3,000 FL studies in Early American Scholarship Fund Literature, Florida International University,
18 Name Purpose Fund Amount Miami, FL Dabrowski, Laura of for freshman year of Polish National Alliance of $2,000 Huntington, NY undergraduate studies in Brooklyn, USA, Inc Fund History, Wellesley College, Wellesley, MA Dunn, Erin of Norwood, for third year of doctoral The Josephine Wall and $3,000 MA studies in Public Health, Ignatius Wall Scholarship Harvard University, Boston, Fund MA Fayet, Jean of Jackson for first year of graduate Ted and Walter Wysocki $3,000 Heights, NY studies in Medicine, Karol Scholarship Fund Marcinkowski University of Medical Sciences, Poznan, Poland Fertala, Joanna of for fourth year of graduate Sophia Grodzicka $6,000 Philadelphia, PA studies in Medicine, Scholarship Fund Thomas Jefferson University, Philadelphia, PA Gajda, Ashley of Munster, for second year of graduate Floyd and Irene $3,000 IN studies in Law, Indiana McKain/John and Helen University, Bloomington, Genza Scholarship Fund IN Galecki, Marta of Ann for first year of graduate $3,000 from The Joseph $6,000 Arbor, MI studies in Medicine, Weill Nowak Scholarship Fund Cornell Medical College, and $3,000 from the Pope
19 Name Purpose Fund Amount New York, NY John Paul II Scholarship Gavett, Jeffrey of North for second year of graduate Floyd and Irene $3,000 Yarmouth, ME studies in Vocal McKain/John and Helen Performance, Manhattan Genza Scholarship Fund School of Music, New York, NY Glinianski, Anna of Glen second year of graduate Edwin L Harasimowicz $3,000 Cove, NY studies in Dental Medicine, Scholarship Trust Fund State University of New York, Stony Brook, NY Grabowski, Alexander of for junior year of Polish National Alliance of $2,000 Ridgewood, NJ undergraduate studies in Brooklyn, USA, Inc Fund Journalism, American University, Washington, DC Greeson, Emma of for first year of graduate Ted and Walter Wysocki $3,000 Leesburgh, VA studies in Central European Scholarship Fund Studies, Jagiellonian University, Krakow Hackler, Rebecca of for first year of graduate Ted and Walter Wysocki $3,000 Webster, TX studies in Central European Scholarship Fund Studies, Jagiellonian University, Krakow Hannon, Chase of for first year of graduate Ted and Walter Wysocki $3,000 Canandaigua, NY studies in Central European Scholarship Fund Studies, Jagiellonian
20 Name Purpose Fund Amount University, Krakow Henk, Brigette of for first year of graduate Ted and Walter Wysocki $3,000 Newcastle, CA studies in European Studies, Scholarship Fund Jagiellonian University, Krakow Janowski, Vanessa of for second year of doctoral Stan Lesny Scholarship $4,000 Lynnfield, MA studies in Neuro- Fund Economics, California Institute of Technology, Pasadena, CA Jaskolski, Nicholas of for third year of graduate Michalina, Kazimierz, $3,000 Lawrence, KS studies in Law, University Jozef & Henry W Rokicki of Kansas, Lawrence, KS Scholarship Fund Kaczkowska, Beata of for third year of graduate Ted and Walter Wysocki $3,000 Jersey City, NJ studies in Medicine, Karol Scholarship Fund Marcinkowski University of Medical Sciences, Poznan, Poland Kaniszewska, Monika of for second year of graduate Stan Lesny Scholarship $6,000 Des Plaines, IL studies in Medicine, Rush Fund University, Chicago, IL Kapalczynski, Wojciech of for second year of graduate Victoria Kokernak $3,000 Louisville, KY studies in Medicine, Scholarship Fund University of Louisville, KY Karasiak, Karie of South for first year of graduate Dr Irene S Pyszkowski $5,000
21 Name Purpose Fund Amount Bend, IL studies in International Scholarship Fund Education, Loyola University College, Chicago, IL Karbowiak, Jessica of for first year of graduate Albert Spiezny $3,000 Georgetown, TX studies in Journalism Scholarship Writing/Literature, Fund Pennsylvania State University, State College, PA Karol, Magdalena of for first year of graduate Michalina, Kazimierz, $4,000 South Bend, IN studies in Law, Indiana Jozef & Henry W Rokicki University, Bloomington, Scholarship Fund IN Kilanowski-Compton, for second year of graduate Floyd and Irene $3,000 Amanda of Dublin, OH studies in Law and Public McKain/John and Helen Policy and Management, Genza Scholarship Fund Ohio State University, Columbus, OH Kochanowicz, Mark of for second year of graduate Floyd and Irene $3,000 Oxford, CT studies in Law, University McKain/John and Helen of Connecticut, Hartford, Genza Scholarship Fund CT Kosiorek, Tina of Grand first year of graduate studies The Kazimiera Adrian $2,000 Rapids, MI in Spanish Literature, Adrianowska Scholarship Michigan State University, Fund East Lansing, MI
22 Name Purpose Fund Amount Koziol, Wioleta of Mount for second year of graduate Victoria Kokernak $3,000 Prospect, IL studies in Social Work, Scholarship Fund Dominican University, River Forest, IL Koziol-Dube, Katarzyna for fourth year of graduate The Michalina and $3,000 of Unionville, CT studies in Medicine, Herman Zimber University of Connecticut, Scholarship Fund Farmington, CT Krawczyk, Ewa of for second year of graduate Dr Casimir V $3,000 Haverhill, MA studies in Linguistics, Kierzkowski Scholarship University of Fund Massachusetts, Boston, MA Liszka, Kate of Altoona, third year of doctoral The Josephine Wall and $2,000 PA studies in Egyptology, Ignatius Wall Scholarship University of Pennsylvania, Fund Philadelphia, PA Luibl, Chad of Manassas, for first year of graduate Ted and Walter Wysocki $3,000 VA studies in Central European Scholarship Fund Studies, Jagiellonian University, Krakow Lukszo, Ursula of Port for second year of graduate The Emily Zielinski $2,000 Jefferson, NY studies in English Scholarship Fund Literature, Stony Brook University, Stony Brook, NY Makowski, Jenna of for second year of graduate Dr Casimir V $3,000
23 Name Purpose Fund Amount Bloomington, IN studies in Ethnomusicology, Kierzkowski Scholarship Indiana University, Fund Bloomington, IN Mancewicz, Stephen of for second year of graduate The Dr Edward and $3,000 Grand Rapids, MI studies in Dentistry, Maria Nowicki Memorial University of Michigan Scholarship Fund School of Dentistry, Ann Arbor, MI Marszalek, Eloise of for second year of graduate The Joseph Nowak $3,000 Seattle, WA studies in Library and Scholarship Fund Information Science, University of Washington, Seattle, WA Maticka, Samantha of for first year of Polish American Club of $750 Ringwood, NJ undergraduate studies in North Jersey Fund Religious Education, Mount St Mary’s University, Emmitsburg, MD Mazur, Ziemowit of for first year of graduate Walter Jarzembski $3,000 Flossmoor, IL studies in Physician Scholarship Fund Assistant Practice, Rosalind Franklin University, North Chicago, IL Mikos, Ann of Gainesville, for fifth year of doctoral The Josephine Wall and $2,000 FL studies in Clinical Ignatius Wall Scholarship Psychology, University of Fund Florida, Gainesville, FL
24 Name Purpose Fund Amount Mlynek, Karolina of for fourth year of graduate Ted and Walter Wysocki $3,000 Hopatcong, NJ studies in Medicine, Karol Scholarship Fund Marcinkowski School of Medical Sciences, Poznan Morys, Anna of Boston, for first year of graduate Dr Marie Zakrzewska $3,500 MA studies in Medicine, Medical Scholarship University of Pennsylvania, Philadelphia, PA Pankiewicz, Beata of for third year of graduate The Dr Edward and $3,000 Brooklyn, NY studies in Oriental Maria Nowicki Memorial Medicine, Pacific College Scholarship Fund of Oriental Medicine, New York, NY Peczalska, Ania of for first year of graduate Richard Sobieraj $3,000 Bloomington, IN studies in Ethno- Scholarship Fund Musicology and Library Science, Indiana University, Bloomington, IN Putz, Elizabeth of final year of graduate Ted and Walter Wysocki $3,000 Riverside, IL studies in Medicine, Scholarship Fund Jagiellonian University, Krakow, Poland Richie, Celeste of Durham, for second year of graduate The Josephine Wall and $4,000 NC studies in Public Policy, Ignatius Wall Scholarship Duke University, Durham, Fund NC
25 Name Purpose Fund Amount Roback, Melissa of New for first year of graduate Floyd and Irene $3,000 Britain, CT studies in Creative Writing McKain/John and Helen at University of San Genza Scholarship Fund Francisco, San Francisco, CA Ruszczyk Stephen of for second year of graduate The Josephine Wall and $3,000 Buffalo, NY studies in Sociology, City Ignatius Wall Scholarship University of New York, Fund The Graduate Center, New York, NY Rybinska, Dobroslawa of for second year of graduate Michael Twarowski Fund $2,000 Denton, TX studies in Violin Performance at the University of North Texas, Denton, TX Sadowski, Maciej of for freshman year of Polish National Alliance of $2,000 Brooklyn, NY undergraduate studies in Brooklyn, USA, Inc Fund Biology, St Joseph’s College, Bronx, NY Sakowicz, Katarzyna of for fourth year in PhD Edwin L Harasimowicz $3,000 Brooklyn, NY studies in Clinical Scholarship Trust Fund Psychology, Adelphi University, Garden City, NY Schubert, Stephanie of for senior year of Massachusetts Federation $2,500 Peabody, MA undergraduate studies in of Polish Women’s Clubs
26 Name Purpose Fund Amount Chemistry and Chemical Fund Oceanography, University of Rhode Island, Kingston, RI Scipniak, Aneta of for second year of graduate Jerome and Mary Straka $3,000 Waterford, MI studies in Pharmacy, Scholarship Albany College of Pharmacy, Albany, NY Sharko, Evan of Hamilton, for second year of Polish American Club of $1,000 NJ undergraduate studies in North Jersey Fund History and Secondary Education, Rowan University, Glassboro, NJ Sherman, Isabel of New for second year of graduate The Arthur and $5,000 Orleans, LA studies in Business Genevieve Roth Administration, University Scholarship Fund of Virginia, Charlottesville, VA Shlachter, David of for second year of graduate The Michalina and $5,000 Portland, OR studies in International Herman Zimber Development, Harvard Scholarship Fund University, Cambridge, MA Sroka, Gregory of for senior year of Massachusetts Federation $2,500 Holyoke, MA undergraduate studies in of Polish Women’s Clubs Television and Film Fund Writing, Emerson College, Boston, MA
27 Name Purpose Fund Amount Stavin, Anita of New York, for third year of graduate The Dr Edward and $3,000 NY studies in Dental Medicine, Maria Nowicki Memorial Stony Brook School of Scholarship Fund Dental Medicine, Stony Brook, NY Strycharz, Katarzyna of for fourth year of graduate Ted and Walter Wysocki $3,000 Glendale Heights, IL studies in Medicine, Karol Scholarship Fund Marcinkowski University of Medical Sciences, Poznan, Poland Stryjewski, Tomasz of first year of graduate studies Sophia Grodzicka $6,000 Baton Rouge, LA in Medicine at Harvard Scholarship Fund University, Boston, MA Szafran, Denice of Niagara for second year of Doctoral Stan Lesny Scholarship $2,000 Falls, NY Studies in Anthropology at Fund The State University at Buffalo, Buffalo, NY Szczygiel, Rosemary of for first year of graduate Floyd and Irene $3,000 Riverhead, NY studies in Creative Writing McKain/John and Helen at Queens University of Genza Scholarship Fund Charlotte, Charlotte, NC Szleszynski, Johanna of for first year of graduate Edward C Smith $3,000 Middle Village, NY studies in Fibers, Savannah Scholarship Fund College of Art and Design, Savannah, GA Sztompka, Magdalena of for second year of graduate Victoria Kokernak $3,000
28 Name Purpose Fund Amount Brooklyn, NY studies in Digital Art, Pratt Scholarship Fund Institute, Brooklyn, NY Tennant, Agnieszka of for third year of graduate John E Kierzkowski $4,000 Wheaton, IL studies in International Scholarship Fund Relations, Northwestern University, Evanston, IL Thorne, Sylwia of Akron, for second year of graduate Dr Irene S Pyszkowski $2,000 OH studies in Teaching English Scholarship Fund as a Second Language, Kent State University, Kent, OH Tomczak, Adam of River for final year of Polish American Club of $3,000 Vale, NJ undergraduate studies in North Jersey Fund Astrophysics, Rutgers University, New Brunswick, NJ Turner, Maureen of third year of PhD studies in Rev Paul J Miskowicz $3,000 Alhambra, CA Clinical Psychology, Scholarship Fund Pepperdine University, Los Angeles, CA Valenza, Pamela of Rydal, second year of graduate The Josephine Wall and $4,000 PA studies in Medicine, Temple Ignatius Wall Scholarship University, Philadelphia, Fund PA Wajda, Nikolai of second year of graduate Ted and Walter Wysocki $3,000 Springfield, VA studies in Medicine, Scholarship Fund Jagiellonian University,
29 Name Purpose Fund Amount Krakow, Poland Walkosz, Weronika of for final year of doctoral Stan Lesny Scholarship $2,000 Addison, IL studies in Physics, Fund University of Illinois, Chicago, IL Wezowski, Marc of for final year of graduate Michalina, Kazimierz, $5,000 Morton Grove, IL studies in Law, University Jozef & Henry W Rokicki of Michigan, Ann Arbor, Scholarship Fund MI Yakowicz, William of for final year of Polish American Club of $1,500 Ridgewood, NJ undergraduate studies in North Jersey Fund Journalism and English Literature, New York University, New York, NY Zalewski, Andrea of for first year of graduate The Jan Paul Zaleski $4,000 Philadelphia, PA studies in Architecture, Memorial Scholarship Columbia University, New Fund York, NY Zoch, Kathryn of for final year of Polish American Club of $2,000 Hackensack, NJ undergraduate studies in North Jersey Fund Accounting, Georgetown University, Washington, DC Zukiewicz, Mary Kate of first year of graduate studies Edward C Smith $3,000 Pittsburgh, PA in Public Policy, New York Scholarship Fund University, New York, NY
30 THE YEAR ABROAD PROGRAM IN POLAND 2008/2009
Recipient Purpose Amount Boshinski, Joseph of Undergraduate junior majoring in Slavic and $1,350 Englewood, OH Eastern European Studies at Ohio State University, Columbus, OH Dubowski, Lauren of New Undergraduate senior majoring in Theater $675 York, NY Studies and French at Bryn Mawr College, Bryn Mawr, PA and Swarthmore College, Swarthmore, PA Greig, Jodi of Margate, FL Undergraduate senior majoring in Psychology at $1,350 University of Florida, Gainesville, FL Mangam, Victoria of Undergraduate junior majoring in Global Affair $1,350 Mechanicsburg, PA and Communications at George Mason University, Fairfax, VA Marzak, Michael of BA in Philosophy at Our Lady of Corpus Christi $1,350 Gainesville, FL University, Corpus Christi, TX Patzek, Julie, 22 of Undergraduate senior majoring in Health $675 Houston, TX Sciences at University of California, Santa Cruz, CA Smalec, Alina of Vernal, BA in French and International Studies, $1,350 UT Colorado State University, Fort Collins, CO Zawislanski, Andrew of Undergraduate senior in Classical Studies at $1,350 Evanston, IL University of California, Santa Cruz, CA
31 GRADUATE STUDIES AND RESEARCH IN POLAND 2008/2009
Grantee Purpose Amount Konieczny, For doctoral studies and research on Constructing Science: Polish Physics $2,250 Matthew of and the Development of a Quantum Theory in Europe at Jagiellonian Lansing, MI University, Krakow Szczypien, Jean of For research on Stefan Buszczynski’s eulogy for Joseph Conrad’s father, $2,250 Syracuse, New York Apollo Korzeniowski at the Jagiellonian University Library, Krakow, Poland Zebik, Grzegorz of To continue doctoral studies and research in the area of urban policy at the $2,250 Philadelphia, PA Institute of Geography and Spatial Management, Jagiellonian University, Krakow
32 SUMMER STUDY ABROAD PROGRAM 2009
TOMASZKIEWICZ-FLORIO SCHOLARSHIPS FOR STUDIES AT THE JAGIELLONIAN UNIVERSITY, CRACOW
Name Status Scholarship Altman, Robert of Littleton, CO high school senior at Lakewood High School, $2,130 Lakewood, CO Arkin, Rebecca of Princeton, NJ undergraduate sophomore majoring in $2,130 Comparative Literature, Princeton University, Princeton, NJ Cobert, Emma of Stanford, CA undergraduate sophomore majoring in $2,130 International Relations, Stanford University, Stanford, CA D’Angelo, Paul of Edmonds, WA undergraduate sophomore majoring in $2,130 Molecular Biology, University of Washington, Seattle, WA Dziurzynski, Lukasz of Philadelphia, PA undergraduate junior majoring in $2,130 Mathematics, University of Pennsylvania, Philadelphia, PA Goba, Marissa of Fairfield, CT undergraduate sophomore majoring in $2,130 Marketing and International Business, Fairfield University, Fairfield, CT Habina, Konrad of West Lafayette, IN undergraduate sophomore majoring in $2,130 Aeronautical Engineering, Purdue University,
33 Name Status Scholarship West Lafayette, IN Hernandez, Erik of Fairbanks, AK high school senior attending West Valley $2,130 High School, Fairbanks, AK Jednac, Paulina of Brooklyn, NY undergraduate freshman majoring in xxx, $2,130 Hunter College, City University of New York, New York, NY Matuszewski, Brian of Ithaca, NY undergraduate sophomore majoring in $2,130 Industrial and Labor Relations, Cornell University, Ithaca, NY Michalik, Thomas of Aliquippa, PA high school senior at Hopewell Senior High $2,130 School, Aliquippa, PA Setmajer, Alexandra of Omaha, NE high school senior at Millard North High $2,130 School, Omaha, NE Slusarz, Piotr of Pomona, CA undergraduate freshman majoring in $2,130 Mechanical Engineering, California State Polytechnic University, Pomona, CA Zielinski, Joseph of Athens, OH undergraduate sophomore majoring in $2,130 History, Ohio University, Athens, OH
34 Teaching English in Poland 2009
The Kosciuszko Foundation’s nineteenth annual Teaching English in Poland Program underwent some notable changes. After the Polish Ministry of National Education announced the withdrawal of its financial support from all summer foreign language immersion camps for the 2009 season, the Foundation received offers from the administrations of two former camp locations to continue the TEIP Program. The two Polish Directors took the initiative to raise funding for the operation of their camps from municipal and private sources and from tuition to be paid by the Polish students. The Kosciuszko Foundation agreed to organize the staffs and to implement the Teaching English in Poland Program at:
1. the ZHP (Polish Scouts) Educational-Recreational Center, “Nadwarcianski Grod”, in Zalecze Wielkie with two smaller camps at that site: a three-week Arts Enrichment Camp in English for junior high school students and an English Language Immersion Camp for Upper Elementary School Students. Several students from Rakszawa, Prof. Stefan Mizwa’s hometown, attended the camp. The term, including a six-day tour for the American Staff, extended from June 26th to July 24th.
2. the Janusz St. Pasierb School Campus for Economics and Business in Tczew with the popular K.F. TEIP English Language Immersion Program for High School Students (sixteen to nineteen years of age). The term, including the six- day tour for the American Staff extended from July 1st to August 1st.
The Arts Enrichment Camp for 48 Junior High School students (13-16 years of age) was initiated, and implemented by Staff Leader Mary Kay Pieski, President of the Ohio Chapter of the Kosciuszko Foundation, for the purpose of introducing Polish students to the Arts as taught in American schools. Ms. Pieski, a Middle School music teacher, successfully obtained a grant of $4,500 from the Delta Kappa Gamma Educational Foundation to purchase Orff Musical Instruments in Poland for the camp. She organized a staff of 6 teachers and 6 student assistants experienced in the Arts who were mainly from Kent State University. They produced an impressive program of varied learning experiences and activities in the Arts.
The English Language Immersion Camp for 50 Upper Elementary School students (10 – 12 years of age) was held simultaneously but separately from the Arts Enrichment Camp. Veteran Staff Leader Theresa Rivard of the Western New York Chapter was responsible for implementing the TEIP program based on American life and culture with a staff of 5 teachers and 5 teaching assistants. Staff members hailed from New York, Minnesota, and Illinois.
During the course of the program, the Zalecze Wielkie camp population was increased with the arrival of children who were displaced from their homes by
35 the floods that ravaged southwestern Poland at the time. They participated in some program activities.
The K.F.-Tczew Camp was led by veteran leader Janice Sherry. Her staff included ten teachers representing a cross-section of the U.S.A. from Nevada, Washington (state), Georgia, Florida, Pennsylvania, New York and Texas. They conducted the ever-popular TEIP Program as in past summers for 80 students (ages 16-19).
All of the Americans were treated by their camp administrators to a six-day cultural-historical tour at the conclusion of the camp programs.
The total cost to date for TEIP 2009 is $ 72,501.00 with gifts-in-kind amounting to approximately $ 60,100.00 (includes participants’ airfare, materials, supplies, sports equipment, office supplies and services, communication, certificates, etc.) donated by American participants, chapters, organizations and individuals).
Total direct expenses to date covered by the K.F. of $12,401.00 include: accident/medical insurance for all American participants; air fare and honoraria for three Staff Leaders; musical instruments; a camp staff orientation meeting and shipping. Income of $ 12,500.00 was generated by registration fees ($ 5,700.00) and donations/grants from organizations/foundations/individuals ($6,800.00). Primary donors were the Delta Kappa Gamma Educational Foundation, the Polish American Teachers Association, Inc., the Marie Sklodowska Curie Professional Women’s Association, Inc., Walter J. Kuskowski, The Ohio Chapter of the Kosciuszko Foundation and the Western New York Chapter of the Kosciuszko Foundation. Other direct expenses were covered with payments by individuals for goods, services and air fare donated as gifts-in-kind to the program ($ 60,100).
Program expenditures were reduced by eliminating most printing, mailing and some shipping costs. Printed program materials were sent as e-mail attachments to participants. The cost of the musical instruments was offset by a grant. The Program Director donated office supplies, communications costs and printing of certificates.
At the conclusion of its nineteenth consecutive summer, the Foundation's TEIP Program is credited with organizing a total of 103 English language camps served by 1,700 American volunteers for the benefit of approximately 10,200 Polish students since 1991.
Fiscal year 2009 TEIF Program 35 Teachers including two Staff Leaders 11 Teaching Assistants 1 Program Director 1 Assistant 200 Polish students
Christine Kuskowski, Hastings-on-Hudson, NY - Program Director (Volunteer)
36 Anna Utecht, New York, NY - Assistant Director and KF Staff Member Therese Rivard, Amherst, NY - TEIP Regional Coordinator, Western New York Chapter of the Kosciuszko Foundation and Upper Elementary School Staff Leader at Zalecze Wielkie Mary Kay Pieski, Tallmadge, OH - President, Ohio Chapter of the Kosciuszko Foundation, TEIP Regional Coordinator, and Junior High School Arts Enriched Camp Staff Leader at Zalecze Wielkie Ms. Janice Lynn Sherry, Las Vegas, NV – Regional Coordinator and High School Staff Leader at Tczew Patricia Grutzmacher, Ph.D. – Kent State University, OH – Arts Camp Program/Curriculum Development and TEIP Contact for University Credit Cooperating Polish Directors: Krystyna Mikita, Administrator, ZHP Polish Scouting Educational-Recreational Center, “Nadwarcianski Grod”, Zalecze Wielkie and Jerzy Cisewski, Director of the the Janusz St. Pasierb School Campus for Economics and Business in Tczew
37 Annual Dinner and Ball
The Kosciuszko Foundation celebrated its 74th Annual Dinner and Ball in the Grand Ballroom of New York's elegant Waldorf=Astoria Hotel.
The Kosciuszko Foundation honored ten prominent Poles: John Cetnarowski- Cetner, M.D., Dr. Ronald and Mrs. Maria Hagadus, Mrs. Mary Ann Iwinski, Mrs. Stephanie T. Mucha, Dr. Witold & Mrs. Dorothy P. Kawecki, Dr. Stanislaw and Mrs. Anita Milewski, Mr. William and Mrs. Alexandra Solowij Watkins.
Mr. Bogdan Chmielewski, Chief Executive Officer of the Polish & Slavic Federal Credit Union, served as the Ball Chairman. The Polish American Dance Company performed one of its original pieces.
Under the patronage of Mrs. Teresa Wroblewski, four young ladies were presented as debutantes at the Ball. They were Miss Jordan E. Gelber of Ridgefield, Connecticut, Miss Alexandra A. Golota of Northbrook, Illinois, Miss Christina M. Slomczewski of Buffalo, New York, and Miss Adrianna Zawisny of Staten Island, New York. Ms. Caroline A. Fazio was the Honorary Chairwoman of the Debutante Council.
The Annual Dinner and Ball functions as an opportunity for friends and supporters of the Kosciuszko Foundation to gather and honor those who have made significant contributions to the arts, sciences, history, and literature, as well as to honor those young women, bright, talented and ambitious, who seek to walk in the footsteps of those honored.
Guests in attendance this year watched as the masters of ceremonies guided the Ball through a host of traditions, such as the chorus of trumpeters from the Fanfare Squadron of the U.S. Merchant Marine Academy, and the singing of both the Polish and the United States National Anthems, this year by Miss Helen Mary Tyszka, Soprano. The Polish American Folk Dance Company performed to the music of Frederick Chopin, and led the guests in the traditional Polonaise. The guests enjoyed these and other dance steps into the early morning, to the music of the Hank Lane Revue.
38 Affiliate Groups
Affiliate Groups play an important role in furthering the Kosciuszko Foundation's goals. They comprise of individuals who are focused on certain special interests within the broader activities of the Kosciuszko Foundation, and often feature their own membership rosters and officers, addressing many of the Foundation’s specific needs.
The National Advisory Council
The National Advisory Council is composed of several individual members of the Kosciuszko Foundation, as well as presidents of the Kosciuszko Foundation’s eight chapters. The Council is designed to benefit from broad representation throughout the United States, providing the Board of Trustees with valuable advice on how to expand membership and donations, by highlighting and discussing current trends amongst the Foundation’s target groups, and developing ideas on how to attract new membership and donations given these trends. Its members are longtime Foundation members who have their finger on the pulse of the Foundation, its philosophy, and its future.
Chapters of the Kosciuszko Foundation
The Kosciuszko Foundation chapters play a vital role in maintaining the Foundation’s reputation as a nationwide organization. Run strictly by local volunteers who commit considerable time and effort to the task of soliciting members in their geographic areas, organizing local concerts, awards banquets, and other key fundraising events, representatives of the Kosciuszko Foundation’s eight chapters act as local ambassadors, promoting the Foundation’s mission in local regions.
Through the participation of local chapter presidents on the National Advisory Council, chapters also help keep the Board of Trustees, officers, and staff informed of local trends in local communities, and instrumental role in assisting the Foundation to expand membership.
The Pro Arte League
For all those visitors to the Foundation House who find it an aesthetic and hospitable place to visit, they can thank the Pro Arte League.
Founded by women members of the Kosciuszko Foundation in 1970 with a mission to raise funds for the preservation and beautification of the public rooms for the Kosciuszko Foundation house, the Pro Arte League has played an indispensable role in keeping the Foundation House in its current pristine condition. Beginning with fashion show fundraisers in the early part of its history, the League now uses its annual fundraising luncheon as a showcase for young
39 Polish-American musicians and other fine Polish and Polish American performing artists.
The Polish American Teachers Association
Polish American Teachers Association (PATA) was founded in 1973 in order to help accurately inform the American public about Poland and the role and contributions of Polish Americans in American society. PATA’s relationship with the Kosciuszko Foundation began shortly after formation.
PATA sponsors a rich schedule of events and activities, including essay and visual arts competitions. One of its more popular programs include a storytelling competition, during which students of Polish heritage who attend Polish supplementary schools gather at the Kosciuszko Foundation to tell stories from Polish folkfore. Held every March, this year’s winners were presented with medals and cash prizes.
PATA also holds the popular Annual Mikolajki / St. Nicholas Day celebration, which teaches children about traditional Polish Christmas celebrations. PATA has also been a reliable supporter of the Foundation’s Teaching English in Poland Program, through regular cash contributions as well as Program volunteers.
The Holocaust Studies Committee
No single event in recent history has had a longer lasting impact on people of Polish heritage like the Holocaust. In order to in order to assure that educators and other sources report Polish Christian experiences in the Holocaust in a fair, unbiased and accurate manner, the Foundation formed the Holocaust Studies Committee in 1982. The Committee maintains liaison with the United States Holocaust Memorial Museum and holds a seat on the Polish-American- Jewish-American Council. In the past, it has gained recognition of three Polish Christians as “Righteous Among the Nations” by Israel’s Holocaust Memorial Center Yad Vashem and provided technical assistance to two widely screened documentary film “Zegota, a Time to Remember”, and “Zegota: Council for Aid to Jews in Occupied Poland (1942-1945)”, both films documenting the Polish Home Army’s aid and assistance to the Jews during World War II. The committee also acts to fight against defamatory statements made in films, and contemporary literature, and school curricula.
John Gmerek, Longtime Chairman of the Committee, noted that the political reforms in Poland in 1989 acted as an impetus to encourage dialogue between the Polish Jews and Polish Christians on full documentation of both the scope of atrocities as well as acts of rescue and heroism of both groups during the Holocaust.
The Holocaust Studies Committee is seeking new volunteers to join its cause.
40 The Debutante Council
The presentation of young ladies to the community and into society at the Kosciuszko Foundation’s Annual Dinner and Ball in April of each year has been the highlight of the Foundation’s calendar of events since it was introduced in 1941. The Debutante Council prepares those young ladies for presentation at the Ball.
The Council is comprised of women of Polish descent who also have longstanding relationships with the Kosciuszko Foundation. The Council invites young women between the ages of 16 and 25 who have shown scholastic achievement and a record of community service to participate as debutantes. The Council members prepare them for their appearance through meetings and a special luncheon. The Debutante presentation is a highlight of the Annual Dinner and Ball, instilling young women with a sense of traditional values, education and conduct in a sophisticated social setting. It is an exciting and elegant experience, creating memories that last a lifetime.
41 FINANCIALS
42
THE KOSCIUSZKO FOUNDATION, INC. Financial Statements and Supplemental Schedule
June 30, 2009 and 2008
(With Independent Auditors’ Report Thereon)
THE KOSCIUSZKO FOUNDATION, INC.
Table of Contents
Page(s)
Independent Auditors’ Report 1
Financial Statements:
Balance Sheets 2
Statements of Activities 3
Statements of Cash Flows 4
Notes to Financial Statements 5 – 18
Supplemental Schedule Schedule I – Functional Expenses for the year ended June 30, 2009, with comparative totals for 2008 19
KPMG LLP 345 Park Avenue New York, NY 10154
Independent Auditors’ Report
The Board of Trustees The Kosciuszko Foundation, Inc.:
We have audited the accompanying balance sheets of The Kosciuszko Foundation, Inc. (the Foundation) as of June 30, 2009 and 2008, and the related statements of activities and cash flows for the years then ended. These financial statements are the responsibility of the Foundation’s management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Foundation’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of The Kosciuszko Foundation, Inc. as of June 30, 2009 and 2008, and the changes in its net assets and its cash flows for the years then ended in conformity with U.S. generally accepted accounting principles.
Our audits were made for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplementary information included in schedule I is presented for purposes of additional analysis and is not a required part of the basic financial statements. Such information has been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole.
November 24, 2009
KPMG LLP, a U.S. limited liability partnership, is the U.S. member firm of KPMG International, a Swiss cooperative. THE KOSCIUSZKO FOUNDATION, INC. Balance Sheets June 30, 2009 and 2008
Assets 2009 2008 Cash and cash equivalents $ 143,686 136,693 Contributions and other receivables 141,294 384,703 Prepaid expenses and other assets (note 7) 1,073,158 29,637 Interest and dividends receivable 13,395 42,331 Investments (note 3) 20,595,976 25,133,765 Property, plant, and equipment, net of accumulated depreciation (note 4) 1,592,536 1,654,560 Art collection 1,842,300 1,842,300 Investment in pooled income fund 118,957 134,097 Beneficial interest in perpetual trusts (note 11) 1,170,888 1,464,253 Total assets $ 26,692,190 30,822,339 Liabilities and Net Assets Liabilities: Accounts payable and accrued expenses $ 116,522 187,959 Scholarships and grants payable 38,975 18,092 Funds on deposit 96,808 107,474 Deposits held in custody for others — 72,000 Deferred revenue – pooled income fund 3,086 3,848 Total liabilities 255,391 389,373 Commitments and contingencies (note 5) Net assets: Unrestricted 2,861,638 3,448,928 Temporarily restricted (note 6) 8,439,709 13,038,045 Permanently restricted (note 7) 15,135,452 13,945,993 Total net assets 26,436,799 30,432,966 Total liabilities and net assets $ 26,692,190 30,822,339
See accompanying notes to financial statements.
2 THE KOSCIUSZKO FOUNDATION, INC. Statements of Activities Years ended June 30, 2009 and 2008
2009 2008 Temporarily Permanently Temporarily Permanently Unrestricted restricted restricted Total Unrestricted restricted restricted Total Revenues, support, and (losses) gains: Contributions $ 272,516 79,674 1,482,824 1,835,014 171,639 446,080 587,014 1,204,733 Summer program 19,435 — — 19,435 11,720 — — 11,720 Other programs and functions 213,698 — — 213,698 249,225 — — 249,225 Dictionary/ Books 22,864 — — 22,864 32,663 — — 32,663 Membership dues 261,751 — — 261,751 225,569 — — 225,569 Rental income (note 5) 140,947 — — 140,947 120,692 — — 120,692 Dividends and interest (note 3) 166,012 665,716 — 831,728 162,515 626,270 — 788,785 Other income 109,860 10,686 — 120,546 111,320 14,423 — 125,743 Change in value of split-interest agreement — (227,000) — (227,000) — — — — Net unrealized and realized losses on investments (note 3) (867,246) (3,563,369) — (4,430,615) (18,053) (1,589,481) — (1,607,534) Net unrealized and realized losses on pooled income fund and beneficial interest in perpetual trusts (note 11) — (15,141) (293,365) (308,506) — (8,928) (105,796) (114,724) Net assets released from restrictions (note 9) 1,548,902 (1,548,902) — — 1,334,097 (1,334,097) — — Total revenues, support, and (losses) gains 1,888,739 (4,598,336) 1,189,459 (1,520,138) 2,401,387 (1,845,733) 481,218 1,036,872 Expenses: Program services: Scholarships and grants 1,303,806 — — 1,303,806 1,520,793 — — 1,520,793 Cultural and educational programs 529,471 — — 529,471 629,240 — — 629,240 Shipping service 61,945 — — 61,945 75,600 — — 75,600 Warsaw office 48,784 — — 48,784 38,123 — — 38,123 Total program services 1,944,006 — — 1,944,006 2,263,756 — — 2,263,756 Supporting services: Administrative and general 310,969 — — 310,969 442,004 — — 442,004 Development 221,054 — — 221,054 248,872 — — 248,872 Total supporting services 532,023 — — 532,023 690,876 — — 690,876 Total expenses 2,476,029 — — 2,476,029 2,954,632 — — 2,954,632 Change in net assets (587,290) (4,598,336) 1,189,459 (3,996,167) (553,245) (1,845,733) 481,218 (1,917,760) Net assets at beginning of year 3,448,928 13,038,045 13,945,993 30,432,966 4,002,173 14,883,778 13,464,775 32,350,726 Net assets at end of year $ 2,861,638 8,439,709 15,135,452 26,436,799 3,448,928 13,038,045 13,945,993 30,432,966
See accompanying notes to financial statements.
3 THE KOSCIUSZKO FOUNDATION, INC. Statements of Cash Flows Years ended June 30, 2009 and 2008
2009 2008 Cash flows from operating activities: Change in net assets $ (3,996,167) (1,917,760) Adjustments to reconcile change in net assets to net cash used in operating activities: Net unrealized and realized losses on investments 4,739,121 1,722,258 Depreciation 74,755 75,599 Permanently restricted contributions (1,482,824) (587,014) Other changes in assets and liabilities: Contributions and other receivables 243,409 (373,991) Prepaid expenses and other assets (6,190) 210,563 Interest and dividends receivable 28,936 7,420 Accounts payable, accrued expenses, and deferred revenue (72,199) 6,907 Scholarships and grants payable 20,883 14,047 Funds on deposit (10,666) (47,282) Deposits held in custody for others (72,000) (72,000) Net cash used in operating activities (532,942) (961,253) Cash flows from investing activities: Purchases of securities (29,938,301) (37,474,926) Proceeds from sales of securities 30,045,474 37,628,953 Purchases of property and building improvements (12,731) (100,245) Net cash provided by investing activities 94,442 53,782 Cash flows from financing activities: Permanently restricted contributions 445,493 587,014 Decrease in permanently restricted contributions receivable — 340,000 Net cash provided by financing activities 445,493 927,014 Net increase in cash and cash equivalents 6,993 19,543 Cash and cash equivalents at beginning of year 136,693 117,150 Cash and cash equivalents at end of year $ 143,686 136,693 Noncash transactions: Permanently restricted contributions of noncash assets $ 1,037,331 —
See accompanying notes to financial statements.
4 THE KOSCIUSZKO FOUNDATION, INC. Notes to Financial Statements June 30, 2009 and 2008
(1) Organization The Kosciuszko Foundation, Inc. (the Foundation) was incorporated on December 23, 1925 as a charitable corporation under the provisions of the not-for-profit corporation law of the State of New York. The Foundation has been established for educational, scholarship, and cultural purposes. Its objectives are to:
a. Foster among the American people knowledge and appreciation of Polish culture, history, and traditions;
b. Strengthen understanding, goodwill, and friendship between the people of the United States of America and the people of Poland by promoting closer educational and cultural relations;
c. Enhance knowledge of the Polish contribution to world civilization in general and to America in particular;
d. Encourage and promote the study of Polish culture, history, language, and traditions of the United States of America; and
e. Foster among Americans of Polish ancestry a deeper understanding and appreciation of their cultural heritage, thereby enriching the pluralistic culture and traditions of the United States of America.
The Foundation conducts and/or sponsors programs, projects, and activities designed to support its purposes and objectives.
Warsaw Office
The Foundation maintains an office in Warsaw as a representative office providing information about the Foundation exchange program with the U.S. and provides assistance to Americans studying in Poland through the auspices of a Foundation sponsored program or activity.
Chapters There are eight Chapters of the Foundation: Philadelphia, Pittsburgh, Western New York (Buffalo), Chicago, Rocky Mountain (Denver), New England (Springfield), Texas (Houston), and Northeast Ohio (Cleveland).
(2) Summary of Significant Accounting Policies (a) Basis of Presentation The financial statements of the Foundation have been prepared on the accrual basis and in accordance with U.S. generally accepted accounting principles applicable to not-for-profit organizations.
The Foundation’s net assets and revenues, expenses, gains, and losses are classified based on the existence or absence of donor-imposed restrictions. Accordingly, the net assets of the Foundation and changes therein are classified and reported as follows:
Unrestricted net assets – Net assets that are not subject to donor-imposed stipulations.
5 (Continued) THE KOSCIUSZKO FOUNDATION, INC. Notes to Financial Statements June 30, 2009 and 2008
Temporarily restricted net assets – Net assets subject to donor-imposed stipulations that will be met either by actions of the Foundation, fulfillments of donors’ stipulations, or the passage of time.
Permanently restricted net assets – Net assets subject to donor-imposed stipulations that they be maintained permanently. Generally, the donors of these assets permit the use of all or part of the income earned on related investments for general or specific purposes.
Revenues are reported as increases in unrestricted net assets unless their use is limited by donor-imposed restrictions. Expenses are reported as decreases in unrestricted net assets. Gains and losses on investments and other assets or liabilities are reported as increases or decreases in unrestricted net assets unless their use is restricted by explicit donor stipulation or by law. Expirations of temporary restrictions on net assets (i.e., the donor-stipulated purposes have been fulfilled and/or the stipulated time period has elapsed) are reported as net assets released from restrictions.
(b) Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant items subject to such estimates and assumptions include the useful lives of fixed assets; the valuation of fixed assets, inventory, investments and contributions receivable; and reserves for other contingencies. The current economic environment has increased the degree of uncertainty inherent in those estimates and assumptions.
(c) Scholarships and Grants Scholarships and grants are reported as a liability and expense when the recipients have satisfied all conditions of acceptance.
(d) Investments Investments in equity securities with readily determinable fair values and all investments in debt securities are reported at fair value based upon values provided by the Foundation’s external investment managers. Alternative investments, primarily hedge and absolute return funds, are based on fair value or net asset value as a practical expedient provided by the fund managers based upon the underlying net assets of the funds. These values are reviewed and evaluated by management.
(e) Cash and Cash Equivalents Cash and cash equivalents include highly liquid debt instruments with a maturity of three months or less at the time of purchase, except for those amounts held as part of a long-term investment strategy.
6 (Continued) THE KOSCIUSZKO FOUNDATION, INC. Notes to Financial Statements June 30, 2009 and 2008
(f) Inventory Inventory, which consists primarily of dictionaries and text books, and is included in prepaid expenses and other assets in the accompanying balance sheets, is stated at the lower of cost or net realizable value with cost determined on a first-in, first-out basis.
(g) Property, Plant, and Equipment Property, plant, and equipment are stated at cost less accumulated depreciation, except for donated items, which are recorded at the fair value on the date of donation. Maintenance and repairs are charged to operations as incurred. Depreciation is provided over the estimated useful lives of the assets using the straight-line method. The number of years used in determining depreciation is as follows: Ye ars Furniture, fixtures, and equipment 3 – 7 Building and improvements 20 – 40
(h) Income Taxes The Foundation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code.
(i) Functional Allocation of Expenses The costs of providing the various programs and other activities have been summarized on a functional basis in the statements of activities. Accordingly, certain costs have been allocated among the programs and supporting services benefited.
(j) Contributions Receivables Unconditional promises to give (pledges) are reported as revenues in the period pledged. Contributions expected to be received after one year are discounted at a risk-free rate of return. Amortization of the discount is recorded as additional contribution revenue in accordance with the donor-imposed restrictions, if any, on the contribution.
(k) Art Collection The Foundation has an extensive collection of artwork and other artifacts, which are the results of numerous donations over the years. Donated artwork or other artifacts are capitalized at their appraised or fair value on the accession date. If collection items are sold, the proceeds from the sale are used to acquire other collection items. Gains or losses on the deaccession of collection items are classified on the statements of activities as unrestricted or temporarily restricted support depending on donor restrictions, if any, at the time of accession.
In November 2004, the art collection was appraised and the fair value approximated $2.8 million.
7 (Continued) THE KOSCIUSZKO FOUNDATION, INC. Notes to Financial Statements June 30, 2009 and 2008
(l) Pooled Income Fund The Foundation manages a pooled income fund that assigns units to each donor’s contribution. Such donor receives the income earned on the assigned units until the donor’s death, at which time the value of the units is payable to the Foundation for its unrestricted use.
(m) Deposits Held in Custody for Others The Foundation was custodian of $72,000 received from a resource provider during the year ended June 30, 2008, which was remitted to a university in Poland (i.e., specified beneficiary) for specific educational programs. Such amount was included in deposits held in custody for others in the accompanying balance sheet at June 30, 2008
(n) New Accounting Pronouncements Adoption of FASB Staff Position No. FAS 117-1, Endowments of Not-for-Profit Organizations In August 2008, FASB Staff Position No. FAS 117-1 (FAS 117-1), Endowments of Not-for-Profit Organizations: Net Asset Classification of Funds Subject to an Enacted Version of the Uniform Prudent Management of Institutional Funds Act (UPMIFA) and Enhanced Disclosures for All Endowment Funds, was issued, and its guidance is effective for fiscal years ending after December 15, 2008. A key component of FAS 117-1 is a requirement to classify the portion of a donor-restricted endowment fund that is not classified as permanently restricted net assets as temporarily restricted net assets until appropriated for expenditure. New York State has not yet adopted UPMIFA; however, for the year ended June 30, 2009, the Foundation has adopted the disclosure requirements of FAS 117-1.
FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes In June 2006, the FASB issued Interpretation No. 48 (FIN 48), Accounting for Uncertainty Income Taxes – an interpretation of FASB Statement No. 109, which addresses accounting for, and disclosure of, uncertain tax positions. FIN 48 prescribes a model for how an entity should recognize, measure, present, and disclose in its financial statements uncertain tax positions that the entity has taken or expects to take on a tax return. Under FIN 48, the financial statements will reflect expected future tax consequences of such positions, presuming the tax authorities’ full knowledge of the position and all relevant facts. FIN 48 will require an entity to recognize the benefit of tax positions when it is “more likely than not” that the provision will be sustainable based on the merits of the position. The Foundation is currently evaluating the impact that FIN 48 will have on its financial statements upon adoption effective June 30, 2010.
FASB Statement No. 165, Subsequent Events Effective June 30, 2009, the Foundation adopted FASB Statement No. 165, Subsequent Events (Statement 165). Statement 165 establishes principles and requirements for subsequent events and applies to accounting for and disclosure of subsequent events not addressed in other applicable generally accepted accounting principles.
8 (Continued) THE KOSCIUSZKO FOUNDATION, INC. Notes to Financial Statements June 30, 2009 and 2008
(3) Investments In addition to investments in equity securities and debt securities, the Foundation holds investments in alternative investments, consisting primarily of hedge and absolute return funds, which invest in long and short publicly traded equities, debt and credit related instruments, private equity situations and real estate, for which no ready market exists. The Foundation’s investments in alternative investments are recorded at fair value or net asset value as a practical expedient as provided by the fund managers and general partners. The values assigned to the holdings do not necessarily represent amounts that might ultimately be realized upon the sale or other disposition since such amounts depend on future circumstances and cannot reasonably be determined until the actual liquidation occurs. The Foundation reviews the values provided by the fund managers and general partners and agrees with the valuation methods and assumptions used in determining the fair value of the alternative investments.
In conjunction with the adoption of Statement No. 157, the Foundation elected to early adopt the measurement provisions of Accounting Standards update No. 2009-12, Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) to certain investments in funds that do not have readily determinable fair values including hedge funds, absolute return funds and other funds. This guidance amends Statement No. 157 and allows for the estimation of the fair value of investments in investment companies for which the investment does not have a readily determinable fair value using net asset value per share or its equivalent. Net asset value in many instances may not equal fair value that would be calculated pursuant to Statement No. 157.
The cost and fair value of the Foundation’s investments at June 30, 2009 and 2008 are as follows: 2009 2008 Cost Fair value Cost Fair value Cash and cash equivalents $ 1,479,689 1,479,689 1,999,486 1,999,486 U.S. government and agency obligations 6,447,293 6,089,344 7,499,562 7,500,527 Stocks 9,391,996 8,470,304 15,638,723 15,633,752 Alternative Investments 4,907,771 4,556,639 — — $22,226,749 20,595,976 25,137,771 25,133,765
All investments are held in three investment pools. Pool A includes the permanent endowment fund, the unappropriated net appreciation from those endowments, unrestricted contributions, and the appreciation on unrestricted gifts. Pool B includes treasury notes for permanently restricted purposes (The Michalina and Herman Zimber Fund). Pool C includes treasury notes for permanently restricted purposes (Polish American Club of North Jersey (PAC)).
9 (Continued) THE KOSCIUSZKO FOUNDATION, INC. Notes to Financial Statements June 30, 2009 and 2008
The following provides a rollforward of investment activities:
Pool A Pool B Pool C Total Investments, at June 30, 2007 $ 26,449,047 259,492 186,787 26,895,326 Receipts available for investment 1,279,634 — — 1,279,634 Dividends and interest 771,731 9,926 7,128 788,785 Realized and unrealized (losses) gains (1,612,153) 2,244 2,375 (1,607,534)
Total return on investment (840,422) 12,170 9,503 (818,749) Amount appropriated for current operations (2,199,865) (15,170) (7,411) (2,222,446)
Investments, at June 30, 2008 24,688,394 256,492 188,879 25,133,765 Receipts available for investment 592,487 — — 592,487 Dividends and interest 826,068 2,546 3,114 831,728 Realized and unrealized losses (4,430,189) (56) (370) (4,430,615) Total return on investment (3,604,121) 2,490 2,744 (3,598,887)
Amount appropriated for current operations (1,515,250) (8,150) (7,989) (1,531,389) Investments, at June 30, 2009 $ 20,161,510 250,832 183,634 20,595,976
The participation in the pools and net asset classes of the investments at June 30, 2009 and 2008 is shown in the table below: 2009 Pool A Pool B Pool C Total Permanently restricted $ 12,653,576 180,000 93,657 12,927,233 Temporarily restricted 8,032,575 70,832 89,977 8,193,384 Unrestricted (524,641) — — (524,641) $20,161,510 250,832 183,634 20,595,976 2008 Pool A Pool B Pool C Total Permanently restricted $ 12,208,083 180,000 93,657 12,481,740 Temporarily restricted 12,339,636 76,492 95,222 12,511,350 Unrestricted 140,675 — — 140,675 $24,688,394 256,492 188,879 25,133,765
10 (Continued) THE KOSCIUSZKO FOUNDATION, INC. Notes to Financial Statements June 30, 2009 and 2008
(4) Property, Plant, and Equipment Property, plant, and equipment consist of the following at June 30, 2009 and 2008: 2009 2008 Land $ 22,811 22,811 Building and improvements 2,626,959 2,614,229 Furniture and fixtures 372,884 372,884 Equipment 247,776 247,775 3,270,430 3,257,699 Less accumulated depreciation 1,677,894 1,603,139 $1,592,536 1,654,560
(5) Commitments The Foundation has two operating leases for apartments used by grantees while residing in the United States of America and a lease on an office in Warsaw. Rent expense for the years ended June 30, 2009 and 2008 was $37,716 and $38,218, respectively. The future minimum rental commitment under these annual leases is approximately $39,000 and is renewable annually.
The Foundation leases office space in its building to third parties. Office rental income was $57,892 and $49,467 for the years ending June 30, 2009 and 2008, respectively.
At June 30, 2009, the Foundation was committed, subject to the satisfaction of acceptance conditions, to award scholarships, fellowships, and grants of approximately $364,000 for the 2009 – 2010 academic year (September 2008 – May 2009).
(6) Temporarily Restricted Net Assets Temporarily restricted net assets are available for the following purposes at June 30, 2009 and 2008:
2009 2008 For Scholarships and grants $ 8,328,709 12,700,045 For future projects 111,000 338,000 $ 8,439,709 13,038,045
11 (Continued) THE KOSCIUSZKO FOUNDATION, INC. Notes to Financial Statements June 30, 2009 and 2008
(7) Permanently Restricted Net Assets The income from permanently restricted net assets at June 30, 2009 and 2008 is available for the following purposes: 2009 2008 Scholarships $ 13,690,907 12,208,083 Beneficial interest in perpetual trusts: Scholarships 377,384 428,088 Cultural 793,504 1,036,165 Pool B and C funds for scholarships: PAC 93,657 93,657 Zimber 180,000 180,000 $15,135,452 13,945,993
During 2009, the Foundation was the beneficiary of an estate whose assets included cash, real estate and other assets of $1.3 million, at fair value, which is included in investments and other assets in the accompanying balance sheet at June 30, 2009. The proceeds from the sale of the estate’s assets are required by the donor to be used to establish an endowment, the income from which will be used to support the Foundation’s scholarship programs.
Permanently restricted net assets are reported in the following assets categories on the accompanying balance sheet: 2009 2008 Other assets $ 1,037,331 — Investments 12,927,233 12,481,740 Beneficial interest in perpetual trusts 1,170,888 1,464,253 $15,135,452 13,945,993
(8) Endowment In August 2008, FASB issued FASB Staff Position (FSP) FAS 117-1, Endowments of Not-for-Profit Organizations: Net Asset Classification of Funds Subject to an Enacted Version of the Uniform Prudent Management of Institutional Funds Act, and Enhanced Disclosures for All Endowment Funds. FSP FAS 117-1 provides guidance on the net asset classification of donor-restricted endowment funds that are subject to an enacted version of the Uniform Prudent Management of Institutional Funds Act (UPMIFA), and expands disclosures for endowment funds. As of June 30, 2009, the State of New York had not adopted UPMIFA. Accordingly, the Foundation continues to follow the Uniform Management of Institutional Funds Act (UMIFA); however, for the year ended June 30, 2009, the Foundation has adopted the disclosure requirements of FAS 117-1.
12 (Continued) THE KOSCIUSZKO FOUNDATION, INC. Notes to Financial Statements June 30, 2009 and 2008
The Foundation’s endowment consists of over one hundred individual funds established for a number of purposes. The endowment includes donor-restricted funds, temporarily restricted charitable trusts and annuity funds, and original gifts held long-term for scholarships and grants.
Interpretation of Relevant Law
The Board of Trustees of the Foundation has interpreted UMIFA as requiring the preservation of the fair value of the original gift as of the gift date of the donor-restricted endowment funds absent explicit donor stipulations to the contrary. As a result of the interpretation, the Foundation classifies as permanently restricted net assets (a) the original value of gifts donated to the permanent endowment, (b) the original value of subsequent gifts to the permanent endowment, and (c) accumulations to the permanent endowment made in accordance with the direction of the applicable donor gift instrument at the time the accumulation is added to the fund.
The remaining portion of the donor-restricted endowment fund that is not classified in permanently restricted net assets is classified as temporarily restricted net assets to the extent the donor restricted income earned on such endowments to a particular purpose or time, and in all other cases is classified as unrestricted net assets. Such amounts recorded as temporarily restricted net assets are released from restriction when the donor stipulated purpose has been fulfilled and/or the required time period has elapsed.
The following represents a description of the endowment net asset composition, excluding pledges and the estate included in other assets, by type of fund as of June 30, 2009:
Temporarily Permanently Unrestricted restricted restricted Total
Donor-restricted endowment funds $ (867,246) 8,328,709 14,098,121 21,559,584
The following represents a description of the endowment net asset composition, excluding pledges, by type of fund as of June 30, 2008:
Temporarily Permanently Unrestricted restricted restricted Total
Donor-restricted endowment funds $ — 12,700,045 13,945,993 26,646,038
The Foundation has adopted investment policies for endowment assets that attempt to provide a predictable stream of funding to programs supported by its endowment while maintaining the purchasing power of the endowment assets. Under this policy, as approved by the Board of Trustees, the endowment assets are invested in a manner that is intended to earn, over the market cycle, a compound annual rate of return in excess of inflation, the spending rate, and fund expenses while maintaining a moderate risk level that the board of trustees (the Board) considers prudent based upon all the facts and circumstances known to the Board at that time.
13 (Continued) THE KOSCIUSZKO FOUNDATION, INC. Notes to Financial Statements June 30, 2009 and 2008
The following represents a description of the changes in net endowment assets, excluding pledges and the estate included in other assets, for the year ended June 30, 2009:
Temporarily Permanently Unrestricted restricted restricted Total
Net endowment assets, beginning of year $ — 12,700,045 13,945,993 26,646,038
Investment return: Investment income, net — 665,716 — 665,716 Net depreciation (867,246) (3,578,510) (293,365) (4,739,121) Total investment return (867,246) (2,912,794) (293,365) (4,073,405)
New gifts — 79,674 445,493 525,167 Appropriation of endowment assets for expenditure — (1,548,902) — (1,548,902) Other changes, including transfers — 10,686 — 10,686 Net endowment assets, end of year $ (867,246) 8,328,709 14,098,121 21,559,584
The following represents a description of the changes in net endowment assets, excluding pledges, for the year ended June 30, 2008:
Temporarily Permanently Unrestricted restricted restricted Total
Net endowment assets, beginning of year $ — 14,883,778 13,464,775 28,348,553
Investment return: Investment income, net — 626,270 — 626,270 Net depreciation — (1,598,409) (105,796) (1,704,205) Total investment return — (972,139) (105,796) (1,077,935)
New gifts — 108,080 587,014 695,094 Appropriation of endowment assets for expenditure — (1,334,097) — (1,334,097) Other changes, including transfers — 14,423 — 14,423 Net endowment assets, end of year $ — 12,700,045 13,945,993 26,646,038
14 (Continued) THE KOSCIUSZKO FOUNDATION, INC. Notes to Financial Statements June 30, 2009 and 2008
Funds with Deficiencies
From time to time, the fair value of assets associated with individual donor-restricted endowment funds may fall below the level that the donor or the Act requires the Foundation to retain as a fund of perpetual duration. Deficiencies of this nature that are reported in unrestricted net assets were $867,246 as of June 30, 2009. These deficiencies resulted from unfavorable market fluctuations. There were no such deficiencies as of June 30, 2008.
Spending policy
The Foundation has a policy of appropriating a certain percentage of its portfolio for scholarship distribution annually. Scholarship distribution for fiscal year 2009 was based on 4% of its entire portfolio value. In fiscal year 2010 the scholarship distribution is set at 3%.
In addition, the Foundation has a policy of appropriating from 0.5% to 2% of its entire portfolio value for its administrative fee. The percentage is based on a rolling 3 year (fiscal year) average of portfolio value and it is being set based on the financial needs of the Foundation in a given year.
(9) Net Assets Released from Restrictions Net assets were released from donor restrictions by incurring expenses satisfying the restricted purposes or by the occurrence of other events specified by donors: 2009 2008 Scholarships and grants $ 889,618 1,024,292 Management fees 181,298 231,205 Administrative fees and other expenses 477,986 78,600 $1,548,902 1,334,097
(10) Retirement Plan Substantially all employees who have completed one year of service may participate in the defined contribution plan. The related expenses were $14,994 and $53,661 for the years ended June 30, 2009 and 2008, respectively. The Foundation’s ceased providing benefits to employees in December 2008.
15 (Continued) THE KOSCIUSZKO FOUNDATION, INC. Notes to Financial Statements June 30, 2009 and 2008
(11) Beneficial Interest in Perpetual Trusts The fair value of funds that are held in perpetuity by third parties where the Foundation is the income beneficiary is included in the accompanying balance sheets. The following is a summary of such trusts at June 30, 2009 and 2008: 2009 2008 Fair Investment Fair Investment value of income value of income securities received securities received held by during held by during Trust third parties the year third parties the year Stanley W. Wasil $ 377,384 12,405 428,088 17,272 Mary R. Koons 793,504 42,406 1,036,165 41,242 $1,170,888 54,811 1,464,253 58,514
(12) Fair Value Measurements Effective June 30, 2009, the Foundation adopted Statement of Financial Accounting Standards (SFAS) No. 157, Fair Value Measurements. SFAS No. 157 defines fair value, establishes a framework for measuring fair value in accordance with Generally Acceptable Accounting Principles (GAAP), and expands disclosures about fair value measurements. The new standard provides a consistent definition of fair value, which focuses on exit price, the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.
In conjunction with the adoption of Statement No. 157, the Foundation elected to early adopt the measurement provisions of Accounting Standards Update No. 2009-12, Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) to certain investments in funds that do not have readily determinable fair values including private investments, hedge funds, real estate and other funds. This guidance amends Statement No. 157 and allows for the estimation of the fair value of investments in investment companies for which the investment does not have a readily determinable fair value using net asset value per share or its equivalent. Net asset value, in many instances may not equal fair value that would be calculated pursuant to Statement.
The three-level valuation hierarchy for disclosure of fair value measurements is defined as follows:
Level 1 Inputs that reflect unadjusted quoted prices in active markets for identical assets or liabilities that the Foundation has the ability to access at the measurement date;
Level 2 Inputs other than quoted prices that are observable for the assert or liability either directly or indirectly, including inputs in markets that are not considered to be active;
Level 3 Inputs that are unobservable.
16 (Continued) THE KOSCIUSZKO FOUNDATION, INC. Notes to Financial Statements June 30, 2009 and 2008
Management considers observable data to be that market data which is readily available, regular distributed or updated, reliable and verifiable, not proprietary, and provided by independent sources that are actively involved in the relevant market. The categorization of a financial instrument within the hierarchy is based upon the pricing transparency of the instrument and does not necessarily correspond to the Foundation’s perceived risk of that instrument. The effect of the adoption of SFAS No. 157 did not have a material effect on the changes in net assets or financial position of the Foundation.
The following table presents the Foundation’s fair value hierarchy for investments and funds held by bond trustees measured at fair value at June 30, 2009: Fair value Level 1 Level 2 Level 3 total Investments: Cash and money market funds $ 1,772,473 — — 1,772,473 U.S. government and agency obligations 6,089,344 — — 6,089,344 Stocks 8,177,520 — — 8,177,520 Alternative investments — 2,804,130 1,752,509 4,556,639 Total $ 16,039,337 2,804,130 1,752,509 20,595,976 Pooled Income Fund: Cash $ 515 — — 515 Equities 67,442 — — 67,442 Fixed income 50,500 — — 50,500 Total $ 118,457 — — 118,457 Beneficial Interest in Perpetual Trusts: Cash $ 63,607 — — 63,607 Equities 664,602 — — 664,602 Fixed income 125,035 317,644 — 442,679 Total $ 853,244 317,644 — 1,170,888
17 (Continued) THE KOSCIUSZKO FOUNDATION, INC. Notes to Financial Statements June 30, 2009 and 2008
The following table presents the changes in Level 3 investments as of June 30, 2009: Fair value at July 1, 2008 $ — Net realized and unrealized losses in the statement of activities (255,265) Purchase of investments 2,007,774 Proceeds from sale/distributions of investments — Purchases and sales, net 2,007,774 Fair value at June 30, 2009 $ 1,752,509
(13) Subsequent Events In connection with the preparation of the financial statements and in accordance with the recently issued Statement of Financial Accounting Standards No. 165, Subsequent Events, the Foundation evaluated subsequent events after the balance sheet date of June 30, 2009 through November 24, 2009 which was the date the financial statements were available to be issued.
18 Schedule I THE KOSCIUSZKO FOUNDATION, INC. Schedule of Functional Expenses Year ended June 30, 2009, with comparative totals for 2008
Program services Supporting services Cultural and Administrative Scholarships educational Shipping Warsaw and Operation of Total Total and grants programs service office Total general Development K.F. house Total 2009 2008 Salaries $ 121,886 149,065 26,008 — 296,959 112,542 83,417 22,990 218,949 515,908 603,525 Employee benefits 21,390 32,656 8,259 — 62,305 9,317 17,616 5,602 32,535 94,840 199,467 Total personnel costs 143,276 181,721 34,267 — 359,264 121,859 101,033 28,592 251,484 610,748 802,992 Scholarships and grants 889,618 — — — 889,618 — — — — 889,618 1,024,292 Program honoraria — 5,977 — — 5,977 — — — — 5,977 12,275 Program cost — 183,060 — 3,594 186,654 — — — — 186,654 198,290 Office supplies 1,008 1,309 — 237 2,554 9,665 1,673 — 11,338 13,892 12,310 Postage 4,009 4,000 124 205 8,338 3,505 3,583 975 8,063 16,401 25,537 Professional fees — — — — — 81,584 — — 81,584 81,584 82,707 Telephone 2,533 1,806 562 1,192 6,093 5,137 3,441 — 8,578 14,671 15,008 Insurance — — — 244 244 7,200 — 50,843 58,043 58,287 29,799 Supplies — — — 1,103 1,103 38 — 7,466 7,504 8,607 8,488 Cleaning service — — — 1,266 1,266 — — 2,595 2,595 3,861 6,201 Service fees 1,847 657 — 13,594 16,098 5,176 3,466 400 9,042 25,140 12,528 Investment management fees 181,297 — — — 181,297 7,576 — — 7,576 188,873 245,762 Travel and entertainment 1,740 2,582 223 852 5,397 249 658 255 1,162 6,559 13,240 Promotional expenses 4,274 6,105 — 1,930 12,309 1,588 1,221 — 2,809 15,118 26,993 Printing — 8,879 2,170 — 11,049 — 8,723 — 8,723 19,772 69,944 Equipment rental — — — — — 2,709 1,295 54,083 58,087 58,087 56,551 Electricity and heat — — — — — — — 59,806 59,806 59,806 63,259 Repair and maintenance — — — 1,343 1,343 — — 21,750 21,750 23,093 13,645 Outside services — — — 12,736 12,736 — 43,647 — 43,647 56,383 87,918 Membership fee — — — — — 1,000 — — 1,000 1,000 3,140 K.F. chapter expenses — 39,240 — — 39,240 — — — — 39,240 49,271 Subscriptions — — — — — 575 — — 575 575 214 Warsaw office rental — — — 10,488 10,488 — — — — 10,488 11,919 Storage — — 6,840 — 6,840 — — — — 6,840 6,750 1,229,602 435,336 44,186 48,784 1,757,908 247,861 168,740 226,765 643,366 2,401,274 2,879,033 Depreciation — — — — — — — 74,755 74,755 74,755 75,599 Total expenses before allocation 1,229,602 435,336 44,186 48,784 1,757,908 247,861 168,740 301,520 718,121 2,476,029 $ 2,954,632 Allocation of K.F. house costs 74,204 94,135 17,759 — 186,098 63,108 52,314 (301,520) (186,098) — Total expenses – 2009 $ 1,303,806 529,471 61,945 48,784 1,944,006 310,969 221,054 — 532,023 $ 2,476,029 Total expenses – 2008 $ 1,520,793 629,240 75,600 38,123 2,263,756 442,004 248,872 — 690,876 $ 2,954,632
19