Annual Report2016

OverviewThe Print and Graphics Scholarship Foundation was established in 1956 by a group of industry leaders who were dedicated towards expanding a small local program into something that would have a nationwide scope and be able to impact students and schools across the entire country for the benefit of the entire industry. Started as the National Scholarship Trust Fund, it began with an endowment of only a few tens of thousands of dollars and the ability to grant a handful (or less) of scholarships. A few printers and a few key suppliers were the first ones to fund the Foundation and gave it the base on which to grow.

Throughout its sixty-year history, it found support from a myriad of associations, manufacturers, individuals and operating companies to move its mission forward. During that time, the fund has grown to over $8 million under management. And over 7,000 students have received scholarships from the organization. In 1999 the name was changed to The Print and Graphics Scholarship Foundation (PGSF) in order to more closely identify what we do and to help move the organization into the 21st century with a renewed purpose.

PGSF is a not-for-profit, private, industry directed organization that dispenses technical school and undergraduate college scholarship assistance to talented men and women interested in careers in graphic communications. The mission of PGSF is to promote career interest and strengthen the industry by providing support and encouraging young people to enter the field.

Individuals, companies and associations provide both annual and endowed funds to PGSF, which administers the scholarship and fellowship programs for the industry. The purpose of the Foundation is to connect interested students, past and present recipients, donors, educators and industry professionals with PGSF. In addition, it serves to promote interest in the graphic communications industry and encourage young people to consider making it their career choice.

Quick Facts• In the most recent year, over 800 applications were received and 220

scholarships were awarded.• Total awarded scholarship funds were in excess of $410,000.• Students who received scholarships attend 83 schools across the United States.• The average scholarship awarded was over $2000.• High school seniors and students who attend technical school, two year, under

graduate and graduate college programs are all eligible to apply for scholarshipawards.

Dear Friends-These are exciting times for PGSF! Not only are we celebrating our sixty-year anniversary, we are also marking a strong resurgence of activity in our organization. In this, our diamond year, we are looking forward to continuing the great progress that was started in 2015 with our improved marketing, public relations and social media campaigns. Our board is working hard to support these efforts to make us more effective and build toward the future.

In 2015 we completely updated and reprinted all of the literature that we use to promote our scholarships and careers in the industry. This includes the very important Career Guide and a totally new Career Poster. And, in addition to being reprinted, the Directory of Schools is now available on-line for the first time. Did I mention that our website has been completely revised and modernized as well? I encourage you to visit it at www.pgsf.org if you haven’t already done so.

We are committed to three main goals as we move forward: Continuing to provide scholarships to as many students as possible; Increasing awareness of the vibrancy and relevance of our industry to schools, students and their parents; and attracting young people into the field. Going hand in hand with this is supporting the institutions across the country that offer graphics programs as they are continually challenged for their existence. And finally, we are focused on expanding our donor base in order to meet the challenges of these objectives.

If you and/or your organization can be a part of supporting the future of the graphic arts industry, I urge you to contact us. Your involvement is critical. Thank you for your consideration and support.

Susan Nofi, PGSF Chair

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Letter from the Chair

Dear Friends-After a two-year decline in contributions we had a signifi cant increase in donations in 2015. Our invested funds now stand at more than $8 million and we have had a positive return for several years in a row. Our investments are well managed and are made with a goal to protect the principal while achieving a return that can be used for the awarding of scholarships each year. Our long term goal is to reach the $10 million mark for our total endowment.

Currently the Foundation has 122 fully funded endowed scholarships in its portfolio. Of those, 22 are at the $100,000 Gutenberg level. The minimum for a fully funded endowed scholarship is $25,000. For the past few years we have been able to average an annual level of $400,000 in scholarship grants each year.

PGSF is fortunate that Printing Industries of America provides operational support for the organization. As a result, the Foundation is able to keep its operating costs at a relatively low level, allowing it to award more scholarships and to grow investments. This relationship is expected to continue.

Communication with students and with the industry is an important function of the Foundation and we have increased our efforts to be more effective in this endeavor. The feedback that we have received from students, donors and schools has been positive. As we move forward with our mission to attract and support qualifi ed employees for the graphics industry, we need your support. Please consider backing this important effort.

Michael Makin, PGSF President

Letter from the President

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Financial

These two charts are based on fi nancial statements for 2014 and 2015.

1958-1960

1961-1970

1977-1980

A. Stull Harris Memorial, 1958Harris Graphics/Lucius P. Wasserman Memorial, 1958

Donald S. Browne Memorial, 1959A.E. Giegengack Memorial, 1960

TIA/Frank M. Sherman Memorial, 1960

Curt Teich Foundation 1961W.O. “Toby” Morgan Memorial 1961

Harry A. Porter Memorial 1962Leonard S. Pinover/Gravure Education Foundation 1969

3M Company 1969Clare W. Goodsell 1970

Glenn O. Lieber Memorial 1970

Harry H. Grandt Memorial 1977 James F. Bucchin Jr. Memorial 1977

Madeline Gegenheimer McClure 1978Litho Club of Chicago 1979

Steven Pundt Memorial/Quick Printing Magazine 1979David Gandelman Memorial 1980

Sun Chemical Corporation/GATF 1980Henry Dunlap 1980TEC Systems 1980

1971-1975Myron F. and Louis I. Lewis Memorial 1971

Edward S. Jasser Memorial 1971GCIU/PDI and Anthony J. DeAndrade 1971

Reader’s Digest Foundation 1974Henry J. Schooley Memorial 1975

Raise Foundation/PIA of Southern C.A. 1975Wilbert Rosenthal Memorial 1975

1981-1985William A. Krueger 1981

David Gandelman/Printing Industries of Connecticut 1981Dewitt Wallace Memorial 1981

Herman J. Schultz Memorial 1982Howard Massman Memorial 1982

George Paajanen 1982Century Club 1982

Harry E. Brinkman/Metroweb Corporation 1983Naomi Berber Memorial 1983

Russell C. Hughes Memorial 1983Lansing Club of Printing House Craftsmen 1984

Scott O’Dell Memorial 1985PIA of Kansas/ Ray and Anna Cambell 1985

Harold W. Gegenheimer 1985

Endowment Timeline

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Society of Fellows 1986Werner and Celia Gerlach Memorial 1986

Kline Family 1986Ed Kane/Benjamin Shely Memorial 1987

George E. Platt Memorial 1987John H. and Grace N. Goessele Memorial 1987Gilbert W. and Jean A. Bassett Memorial 1988

Sayers Printing Family 1988Bernard Taymans Memorial 1988

Edward McSweeney Memorial 1989Fred D. Kagy Memorial 1989

Bernard Grossman 1990Robert A. Klaus Memorial 1990

H.T. Phipps Memorial 1990David and Alberta Stouffer 1990

1986-1990

1991-1994

2000-2003

Graphic Arts Paper Association of Chicago 1991Graphic Arts Leaders 1991

James W. Shields 1991Norman B. and Gertrude S. Jacobson 1991

Charles R. and Myrtle J. Wood 1992J. Zeb and Winnifred E. Green 1992

Melvin A. Pfaelzer/Ink Systems 1992Edwin W. Engerer, Jr. 1992

John Favat, Sr 1993Charles A. Alessandrini 1993

Thomas A. Manning 1993Frederick M. Rogers/Research & Engineering Council 1993

Vincent Von Zwehl 1993Irma Clifton and Bowen Williamson Memorial 1994

Diane M. Ruggeri/Footprints 2000 Quebecor World, Inc 2000

Stora Enso North America 2000Donald Rothrock Memorial 2000

Sheridan Press 2000Time Inc. Production 2000

Heidelberg USA Corporation 2000Flint Ink 2000

Regis Delmontagne 2000Westvaco Corporation 2000

Stanley E. Freimuth/Fuji Photo Film USA 2001 Ringman Family 2001

Jeffrey and Karen White 2002Wayne “Bumps” Brown 2002

Suttle-Straus 2003John Berthelsen 2003

Clarence W. Schawk 2003Nonpareil Society 2003

Marcus Family Foundation 1995Mark and Evelyn Jorgensen 1996

A. John Geis 1996Henry Wurst, Inc 1997

Robert S. Swan Memorial 1997Madison Area Club of PHC 1998

Ash Kahn Legacy 1999Ernest Shea Memorial 1999

John (Jack) L. Kronberg Memorial 1999Robert Zunk Memorial 1999

Central Wisconsin Club of PHC 1999Joseph Genstein Memorial 1999Master Printers of America 1999

Thomas McMillan Memorial 1999

Larry and Susie Warter 2004Elverda Zunk 2004Virginia Shea 2004

Order of the Black Leaf 2004Ben Franklin Society 2005

Anne Sowles Calhoun 2006Howard Kaneff/Arkay Packaging 2006

John Burgess, Ed Disantis, Bob Edgar 2007Employing Printers Education Trust 2007

Brian Gill/EPET 2008EFI 2010

Web Offset Society 2010Semper International 2013

Werner & Celia Memorial Fellowship 2014Warren D. Hanssen 2014

Twin Cities Graphic Arts Memorial Scholarship 2015

1995-1999

2004-2016

KeyGutenberg Society Members $100,000 & up gift

Senefelder Society Members $50,000 to $99,000 giftPrint Heritage Society Members $25,000 to $49,999 gift

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Board of Directors

Susan Nofi, Heidelberg USA,

Chair

Regis Delmontagne,Retired (NPES)

Darren Loken,K&H Printers Lithographers

Bill Michael, Xerox Corporation,

Vice-Chair

Ray Hartman,Independent Printing Professional

Patrick Klarecki,Ferris State University

Gerald Nathe,Retired

John Dreisbach, Evergreen Printing,

Secretary-Treasurer

Layra Lawton-Forsyth,Lawton Printing

Larry Miller,HS Group

Brian Regan,Semper International

Ron Rose,Nova Pressroom Products

Tom Saggiomo,Dg3

Rod Sosa,Fres-co System USA

Jules Van Sant,PPI Association

Bob Tapella,Graphic Communications World

Jeff White,EFI

Joe Schember,Mohawk Paper

Larry Warter,Warter Colors

Doug Yeager,Alcom6

We are very fortunate to have many thoughtful and considerate friends who give to PGSF in order to support and improve the future of the industry. Each year we depend on the generosity of individuals, organizations and businesses to keep our mission moving forward. During 2014-2015 the following have provided support:

Erna Berthelsen T. Destree

Henry Dunlap Trust Heidelberg

IGAEARobert McNaughton

Gerry Nathe Nova Press, Ron Rose

NPES

AlcomEFI

Flower City PrintingGPAHP

Printing Industries of AmericaPublishers PrintingSusquehanna Litho

Tom Saggiomo Jim Sandstrom

Wendell Smith FoundationTed StrausJeff White

Robert Whitton

Print Heritage annual gift of $5,000 or more

John BerthelsenSemper International Specialty Graphics

Webcrafters

Century Club annual gift

Legacy Societyannual gift of $10,000 or more

EFIWarren Hanssen

Twin Cities Graphic Arts Club

K&H PrintersLawton Printing

Printing Assoc of FloridaSuttle-Straus, Inc.

Xerox

Our Donors

Gift in Kind

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StudentsHigh school seniors and students who attend technical school, two year, under graduate and graduate college programs are all eligible to apply for scholarship awards. The open enrollment application period begins on November 1 and closes on April 1 of the following year. Applications are evaluated in May and applicants are notified during June and July of the results. Scholarship checks are distributed in August and are sent directly to the school on behalf of the student.

Each recipient is eligible to renew their scholarship for the remainder of their undergraduate study, providing they maintain a 3.0 cumulative grade point average and continue in the field of graphic communications. All recipients are required to keep their donor informed concerning grades, employment, activities, etc. Transcripts will be provided to PGSF.

The PGSF board has approved $430,000 for awards in the 2015-16 academic year. In the current year, approximately 200 students attending 83 schools are receiving financial assistance from the Foundation. A list of recipients is available on the PGSF website.

DonorsThe Print and Graphics Scholarship Foundation is dedicated to helping individuals, companies and organizations support scholarships to educate future workers in the graphic arts industry. Without the support of forward thinking industry leaders, we would not be able to achieve this important goal. There are several ways that this can be achieved.

Memorial or honorary gifts- A donation to PGSF is a thoughtful way to express your sympathy for the loss of a loved one or to honor someone special in your life or in the industry.

Estate and planned giving- Explore your options and the many ways that estate gifts to a charitable organization, like PGSF, can reduce your tax liability and retain more assets for your loved ones.

Corporate and foundation giving- PGSF welcomes the opportunity to work with organizations to identify area of mutual interest that can benefit the future of our industry.

Existing endowments- Contribute additional funds to one of the 122 established endowed funds for a person, organization, or local area that already exists. Refer to our website, or the center spread, for the complete listing.

Donate now- Donate online or by mail through a one time or an ongoing contribution. Go to our website at www.pgsf.org or the center spread for the complete listing or contact us for a donation form. For your convenience, contributions can be made by check or credit card as a one-time donation or they can be set up to recur on a monthly, quarterly or annual basis.

PGSF is a 501(c)3 non-profit organization. Your contribution is tax-deductible to the extent allowed by law.

Information

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“I really appreciate and value the opportunities that the Print and Graphics Scholarship Foundation has given me. I believe the power of education is a responsibility, a call to act and to be a good example of leadership. I want to express my gratitude and appreciation for your generosity. Thank you.”

-Abel Marquez, Cal Poly-San Luis Obispo.

“I cannot express the gratitude that I feel as I look back over my time at Georgia Southern University. Without your support none of it would have been possible. Thank you again for your generosity. I have come away with so many new skills and ambitions, and it is because of your generous patronage that I am equipped with the tools I need to succeed in life.”

-Anneliese McClain, four-time PGSF scholarship recipient and graduate of Georgia Southern University

“As I visited student interns at their workplaces this summer it became increasingly clear that business and industry clearly recognizes the need to support young people joining the workforce. Contrary to popular belief, jobs are available for young people who want to work hard and make a difference in their industries. Many of our student interns this summer were offered full-time positions upon graduation.”

-Dr. Mark Snyder, Millersville University

Layout and Design: Samantha Hillock, Scholarship recipient at Ferris StateAdvisor: Pat Klarecki, Professor at Ferris StatePrinter: Alcom, Harleysville, PAPrinted on Mohawk Options Navajo Smooth Brilliant White Cover and Text generously donated by Mohawk Paper Company.

Print and Graphics Scholarship Foundation301 Brush Creek RoadWarrendale, PA 15086412-741-6860www.pgsf.org

For more information about the Foundation please contact:Bernie Eckert, Program Administrator, beckert@printing.orgJohn Berthelsen, VP-Development, jberthelsen@printing.org

Credits

John Berthelsen, VP-Development, jberthelsen@printing.org