In 1998, Karl E. Neupert, Chairman of the Education: Our Pipeline to the Future Campaign, publicly launched the $10 million Campaign for the ASA Education Foundation at the ASA Convention in Toronto, Ontario, Canada. Since that time, Campaign volunteers have worked tirelessly to raise $9.4 million, and have collected more than $7 million in cash or cash equivalent, which is already in the Endowment Fund, making a difference.

That Endowment Fund is managed through the combined efforts of the Board of Trustees of the Education Foundation and the Endowment Investment Committee (EIC). The EIC is solely responsible for the investment decisions regarding the fund. This group meets each quarter to review the returns on the investments and make any changes to the nature of the investments. In spite of the market's recent volatility, the Fund has ended the past two years with positive returns (10.1% in 2000 and 2.2% in 2001) thanks to the EIC's excellent leadership.