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"Best Practices"
Michigan Scholarship Fund for Die Casting Advancement
By: Bob McClintic, Chapter 3 Scholarship and Endowment Chair
To bring a new generation into the die cast industry and support continuing advancement of die casting education by use of scholarships, the Scholarship committees of Chapters 3 and 39 explored endowment programs at two Michigan universities. Western Michigan University (WMU) in Kalamazoo and Michigan Technological University (MTU) in Houghton, MI. We learned that by working with programs such as the WMU Foundation, our money would be multiplied through their managed portfolios.
In March 2021 Chapter 39 created a NADCA endowment at WMU funded 85% / 15% by Chapter 39 and NADCA National. Chapter 39 will soon be merged Chapter 3 to form one Michigan NADCA chapter (Chapter 3).
By October 2021 the MI NADCA endowment had already accumulated $1,300 in interest. Chapter 3 has contributed an additional $23,000 from its 2021/2022 endowment budget and has the board's commitment to continue such support of the endowment for the next five years.
In March 2022 we met with Dr. Sam Ramrattan, Key Professor in the metal casting school and identified 2 students for the first awards. They are both currently serving internships at a large die casting operation in Wisconsin and will receive $3,000 each.
As the industry continues to suffer a shortage of skilled employees, the WMU program in association with companies that sponsor meaningful internships, will progress in providing the best problem solvers of our future business.
For scholarship information for any of the above programs contact one of the members of the Scholarship and Endowment Committee Bob McClintic @ RMcClintic@DrDieCast.com, Ron Holland, @ Hollander0.rlh@gmail.com or Bob Worthy, @ Bob@WorthyCompany.com
