Jetrader - Winter 2018 - 43

ISTAT foundation

D

Dear Fellow ISTAT Members,
As chairman of your ISTAT Foundation, I
am pleased to share a report on this very
active and exciting year. In 2018, the
Foundation increased its charitable giving
to nearly $1,000,000 and has received significant contributions from multiple sources
to support its worthwhile initiatives. First,
the annual grant from ISTAT allows the
Foundation to continue its mission of giving back to the industry and supporting
humanitarian causes. Thank you to ISTAT
President Doug Runte and ISTAT Treasurer
Dean Gerber for their continued support of
the Foundation. The contributions from the
Friends of the Foundation were far beyond
the targeted goal for 2018, thanks to the
generous gift from Jeff and Kathy Knittel
and Airbus, announced at ISTAT Americas
in March. I would like to personally thank
Jeff and Kathy, close friends of Ingrid's and
mine, throughout our entire careers.
On 4 June, 2018, the Inaugural ISTAT
Foundation Gala took place at the RitzCarlton, Chicago in conjunction with the
Chi-Stat week of events. The event was a
success in raising the awareness of the
great work of the Foundation and was a very
enjoyable evening for all. I would like to
thank our gala sponsors and attendees. We
urge all who can manage to come to Chicago
a night early to attend the event next year
on Monday, 3 June, 2019. More information
on gala sponsorship and registration will
be available in the coming months.
The Foundation has also expanded its fundraising events in 2018. A variety of golf

tournaments were held throughout the year -
in Fort Lauderdale, Florida, in February, San
Diego, California, at ISTAT Americas in March,
Chicago, Illinois, in June and the Jetran Golf
Tournament benefitting the ISTAT Foundation
in Austin, Texas in October. A big thanks to all
our event sponsors and attendees for making
these events a success.
Thanks to the support of donors and
event sponsors, we are able to continue
our mission of providing aviation-related
giving in four major areas.

Scholarships
This year, the Foundation granted scholarships to 66 aviation-focused university
students worldwide, totaling more than
$440,000. I am happy to report that recipients of ISTAT Foundation Scholarships are
increasingly entering our sector of the
industry and becoming active members of
ISTAT. Thank you to Scholarship Chairman
Andy La Stella and his committee for all
their hard work.

2018 Friends
of the Foundation

AerCap
Aerolease
Airbus/Jeff and Kathy Knittel
Apollo Aviation Group
Avolon
Bristol Associates
Chorus Aviation
GE Capital Aviation Services
Novus Aviation Capital
Nordic Aviation Capital
Pratt & Whitney
VX Capital Partners

SIAM PUKKATO/SHUTTERSTOCK.COM

Building a
STRONG
FOUNDATION
Education
The Foundation's Education Committee
includes the internship and ISTAT
University (ISTAT U) program initiatives.
In 2018, the Internship Committee was
successful in placing 17 qualified interns
at various ISTAT member companies, many
of whom end up in permanent placements.
I urge ISTAT members to take advantage of
the ISTAT Foundation Internship Portal to
locate quality internship candidates with
the hopes of them becoming committed
employees in the future. The Foundation
also offers a stipend of up to $2,500 to
interns placed through the portal.
The Foundation has also begun the
expansion of ISTAT U. The first two components, ISTAT U 1.0 and 2.0, are dedicated
to current university students with a curriculum focused on aviation leasing and
finance. ISTAT U's aim is for graduates to
enter our industry with a foundation of
knowledge in aviation leasing, finance
and trading, allowing them to become

2018 Major
Event Sponsors

AVITAS
Engine Lease Finance Corporation
INAV Group
Jetran
Maquarie AirFinance
Nordic Aviation Capital
Vedder Price

Inaugural ISTAT
Foundation Gala
Sponsors
Aergo Capital
Aerolease
Altavair
Merx Aviation
Novus Aviation Capital
Rolls-Royce
United Airlines
Vedder Price
VX Capital Partners

Jetrader * Winter 2018 43
Jetrader - Winter 2018

Table of Contents for the Digital Edition of Jetrader - Winter 2018
