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Generous Foresight Senior
Associate Pledges Matching Grant

Donor Pledges $40,000 Matching Grant

Follow our progress!

The campaign was a success and all pledged matching funds have been attained by the deadline! Feb. 4, 1997.

Details of Matching Grant Announced by Eric Drexler

Before launching into this report I need to bring you a last minute news bulletin. One of our Foresight Senior Associates has stepped forward to make a challenge grant. This individual is prepared to provide a $5000 matching grant for every ten new Senior Associates Foresight can obtain between now and the end of January, up to a $40,000 maximum. This matching will also apply to any one-time donation of cash or stock of $100 or more before that date. It will also apply to upgrades on any Senior Associate memberships that occur in that period.

This means for every new Foresight Senior Associate dollar donated between now and the end of January, the organization will get two more immediately. Foresight is quite excited about this, and I encourage those of you who are able to take advantage of this opportunity to make your new donation dollars go three times as far as they otherwise would.

This is also a great excuse to rope in those pals of yours who have been goofing off and not getting their paperwork in to become Senior Associates. We will of course be hosting news updates on our progress toward this goal on our web site. We'll even have countdowns to show how many more we need to trigger the next matching grant.

... PS. Due to the matching grant, now is the time to act, if you've been considering upgrading your senior associate membership or pulling a friend into the program. Those of your who have made it big through a startup might consider donating stock--I understand this results in a big tax savings over donations of cash. Remember the deadline is January 31. And of course for those of you looking for a tax deduction in 1996, that deadline is December 31. Thanks again.

How the Matching Grant Works

• Each qualifying donated dollar earns two dollars from the matching grant, for a total contribution to the Foresight Institute of three dollars.
• Donations may be in cash or stock.
• Qualifying donations include:
  • new Senior Associate pledges at any of the four levels of Senior Associate membership
  • increasing a current pledge to a higher level of membership. For example, upgrading your donation from Fellow ($500 annual donation) to Colleague ($1000 annual donation) qualifies the increase ($500) as a donation that earns Foresight $1000 from the matching grant.
  • pledging a second 5-year Senior Associate membership at the expiration of a current 5-year Senior Associate membership
  • any one-time donation of $100 or more
• Funds for the first year of the pledge must accompany the pledge to qualify for the matching grant. For example, if your current 5-year Senior Associate pledge expires in December of 1997, and you make a second 5-year pledge, the first year's pledged amount must arrive by January 31, 1997 to qualify for matching grant funds, even though it would not normally be due until December of 1997. Donations for subsequent years of the pledge can be made at the usual times.
• Contact office@foresight.org for questions or additional details.

Becoming a Senior Associate

• Introduction to the program
• A letter from Dr. K. Eric Drexler
• Senior Associate Membership Application

The campaign was a success and all pledged matching funds have been attained by the deadline! Feb. 4, 1997.

Progress Towards Meeting the Matching Grant

As of January 17, 1997 - Past the 80% mark!!!

Second Donor Pledges Additional Matching Grant!!

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