ESF’s Annual Report and Tax Return For 2009 Are Now Available Online

FYI:

June 23, 2010 — The Esperantic Studies Foundation (ESF) announced today that its Annual Report and Tax Return for the fiscal year ending December 31, 2009 is now available on its website.

Dr. Humphrey Tonkin, President of ESF, commented that the year 2009 was a year of choices for the Foundation: “Unable to sustain the rate of spending to which it had become accustomed in previous years, the Foundation, responding to the sharp decline in the stock market, was forced to decide on its priorities, dropping funding for lower-priority activities and concentrating its diminished resources on its highest priorities. In several cases these high-priority items were programs in which the Foundation had already made significant investments in previous years and which it needed to maintain. As a result, there were few resources for new initiatives. These developments make it doubly imperative that we find new resources to supplement those currently available, so that we can continue to support more of the many meritorious new initiatives in research and teaching that we are made aware of. Fortunately we have been able to maintain our program of small short-term grants and will continue to look for ways of supplementing and expanding it.”

Despite the challenges presented in 2009, the Annual Report shows that the Foundation remained committed to supporting a broad range of worthwhile initiatives within the framework of its core operating objectives. These objectives include: (1) improving the visibility and prestige of Esperanto as a research topic and teaching subject, (2) focusing attention andacademic resources on the study of Esperanto and of interlingual communication generally, (3) establishing an intellectual community of teachers and researchers in higher education committed to the above goals, and (4) improving and expanding the operational capacity of the foundation itself.

Looking ahead through 2010, the ESF board remains committed to exercising fiscal discipline throughout the year but, at the same time, it will continue to marshal available resources to increase the foundation’s supporter base and raise funds for educational and research initiatives.

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