Biennial Report 2015-2017 by Sigma Theta Tau International Honor Society of Nursing

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REPORT

BIENNIAL

TABLE OF CONTENTS BOARD OF DIRECTORS’ REPORTS Report of the International President...................................................4 Summary of Board of Directors’ Actions 2015-2017............................6 Treasurer’s Report..................................................................................9

HEADQUARTERS REPORT Chief Executive Officer’s Summary.....................................................14

Our Mission: Advancing world health and celebrating nursing excellence in scholarship, leadership, and service. Our Vision: The global organization of choice for nursing. Our Values: Love, Courage, and Honor

PRESIDENTIAL REPORT Report of the International President

Cathy Catrambone PhD, RN, FAAN 2015–2017 President

In every organization’s history there are definitive moments, points at which profound changes occur. Author Malcolm Gladwell defined the “tipping point” as the point at which a series of changes becomes significant enough to cause a larger, more important change. Today we are witnessing a tipping point for STTI. The 2015-2017 biennium represents the convergence of milestone accomplishments that will impact the success and direction of the organization well into the future. During this biennium, the STTI Board of Directors, as duly elected representatives of the membership and stewards of the organization, have provided leadership and worked collaboratively with the STTI CEO and staff in operationalizing my 2015-2017 Presidential Call to Action, Influence to Advance Global Health and Nursing.

During my two years of service as President, it has been my privilege to meet and engage with members from around the world. Wherever I have traveled, members have demonstrated the passion, creativity, and commitment exemplified by STTI’s mission of advancing world health and celebrating nursing excellence in scholarship, leadership, and service. Nurses as health professionals possess a deep understanding of what is required to create quality healthcare and impact positive health outcomes. During this biennium I was inspired by and proud of the engagement of members, chapters, and regions in contributing to the four areas of my 2015-2017 Presidential Call to Action: influence through advocacy, policy, philanthropy, and lifelong learning. STTI members are creating positive change every day and their work is the greatest asset of the organization.

SELECTED HIGHLIGHTS OF THIS BIENNIUM INCLUDE: • • • •

• • • •

Revised the STTI 2014-2020 Strategic Plan Responded to Board key performance indicators and metrics quarterly and annually Approved the Building Corporation’s Master Plan Completed the Global Advisory Panel on the Future of Nursing and Midwifery’s (GAPFON®) global regional stakeholders meetings. The GAPFON® Report was released in July 2017. The next phase will focus on implementation of identified strategies. (www.gapfon.org) Developed guidelines for use of Sigma brand, name, and logo by other groups Launched Sigma rebranding including new logo at the 44th Biennial Convention following an extensive marketing research process Conducted an international executive search and hired Dr. Elizabeth Madigan as STTI’s fourth CEO Created Global Regional Councils to provide an international presence in each region to expand global initiatives, services, and support to chapters and members

PRESIDENTIAL REPORT

• Conducted 34 chartering and amendment ceremonies including welcoming the first clinical practice site • Established and implemented the Institute for Global Healthcare Leadership (IGHL) • Represented STTI, its mission, and initiatives at multiple national and international nursing and interdisciplinary meetings • Presented two parallel events sessions for the Commission on the Status of Women at the United Nations in New York • Developed STTI’s policy agenda and processes to be implemented in the 2017-2019 biennium • Created the President’s Philanthropy Circle that received nearly 1,500 member and chapter contributions • Leverages social media to build strong networks and expand global collaboration • The Circle – www.thecircle.nursingsociety.org • LinkedIn – www.linkedin.com/company/sigma-theta-tau-international • Twitter – www.twitter.com/stti; Follow@STTI • Facebook – www.facebook.com/SigmaThetaTauIntl • Created a new online career mentoring program As this biennium concludes, I know that our collective contributions will assure the success and continued growth of the organization. As I reflect on this biennium I wish to thank the STTI Board of Directors, committees, task forces, advisory councils, chapter leaders, members, and the headquarters staff for the outstanding commitment, energy, and thoughtful and generous contributions you have made to STTI. I wish to thank STTI Chief Executive Officer Dr. Patricia Thompson for her 10 years of distinguished leadership and service to the organization and we wish her great happiness in retirement. I extend a warm welcome to our incoming CEO Dr. Elizabeth Madigan and wish her much success. Finally, I am deeply grateful for the honor and privilege to serve you, the members, and the organization for the past two years. I have taken great pride in representing the Society in the global arena, establishing and building relationships with members and stakeholders, and expressing gratitude for our impact in influencing global health and the profession. I remain committed to service in STTI as I transition to the Past Presidents Council. As I conclude my term, I am confident that President-Elect Beth Baldwin Tigges will be exceptional leading the organization, given her impressive history of service in and extensive knowledge of STTI, nursing, and healthcare.

REPORT OF INTERNATIONAL BOARD OF DIRECTORS

Front: Laurie Carbo-Porter, PhD, RN, CNE; Doris Grinspun, PhD, RN, NE-BCRN, MSN, LLD (Hon), O. Ont.; Cathy Catrambone, PhD, RN, FAAN; Beth Baldwin Tigges, PhD, RN, PNP, BC; Tara Hulsey, PhD, RN, CNE, FAAN; and Julie Jones, RN-BC, MS. Back: Patricia E. Thompson, EdD, RN, FAAN; Richard Ricciardi, PhD, NP, FAANP, FAAN; Elizabeth Rosser, DPhil, RN, MN, Dip N Ed, Dip RM, RNT, PFHEA; Sandra Bibb, DNSc, RN, FAAN; Kenneth Dion, PhD, RN, MSN, MBA; and Thóra Hafsteinsdóttir, PhD, MScN, BSc, RN.

Summary of Board of Directors’ Actions 2015-2017 The Board of Directors, as duly elected representatives of the membership, bears the governance role and has leadership responsibility for STTI. As stewards of the values, vision, mission, and principles of the organization, the board fulfilled its obligations in the four areas of the 2015-2017 Presidential Call to Action, Influence to Advance Global Health and Nursing. Under the leadership of Cathy Catrambone, PhD, RN, FAAN the board exercised due diligence in carrying out its mandate by providing oversight and support for organizational actions in these areas. STTI owes a debt of gratitude to these leaders for guiding the organization with integrity, prudence, and wisdom.

ACTIONS RELATED TO BOARD OVERSIGHT • Established organizational priorities for 2015-2017 “Influence to Advance Global Health and Nursing” • Appointed and defined anticipated outcomes for three elected committees, and seven advisory councils and task forces • Conducted phone, email, and face-to-face communication briefings and dialogue with committees, advisory councils, task forces, chapter leaders, and members on organizational issues and strategic directions

• Ratified actions taken by the 2015 House of Delegates • Approved revisions to chapter bylaws per 2015 House of Delegates action • Accepted and acted on submitted recommendations from the 2015 House of Delegates • Reviewed Mission and Vision, Board Guiding Principles, and STTI Values statement • Reviewed and revised the 2014-2020 Strategic Plan

REPORT OF INTERNATIONAL BOARD OF DIRECTORS

• Reviewed Board metrics quarterly and annually • Assessed regularly environmental, market research, membership, and chapter data • Worked with boards of subsidiaries, committee, advisory council, and task force chairs to align priorities and actions of the organizations • Reviewed the Building Corporation’s Master Plan • Completed the Global Advisory Panel on the Future of Nursing and Midwifery’s (GAPFON®) global regional stakeholders meetings. Report released July 2017. The next phase will focus on implementation of identified strategies. (www.gapfon.org) • Developed guidelines for use of Sigma brand, name, and logo by other groups • Launched Sigma rebranding including new logo at 44th Biennial Convention • Accepted bylaw amendments submitted by the Governance Committee to be presented to the 2017 House of Delegates • Completed annual evaluation of CEO for 2016 and 2017 • Hired Dr. Elizabeth Madigan as STTI’s fourth CEO • Appointed Jennifer Allis Vazquez as Region 15 Coordinator to replace Pamela Reyes, who

• • • • • • • •

•

resigned, until elections are held at 2017 House of Delegates Approved 20 new chapter charters and 13 charter amendments Served as chartering officers for 34 chartering and amendment ceremonies Created Global Regional Councils Addressed member and chapter issues Accepted, after review and analysis, quarterly financial statements for the corporation Approved external audits for fiscal years 2016 and 2017, which were clean audits Approved annual budgets for fiscal years 2017 and 2018 Adopted a resolution for continued support of the Nursing Knowledge International board and operations Increased international dues 5.04% based on the Cumulative Price Index (CPI) in accordance with the bylaws. The last dues increase was in January 2012. Increased chapter service fee 3.2% based on the Cumulative Price Index (CPI) in accordance with the bylaws. The last increase was in February 2013.

ACTIONS RELATED TO INFLUENCE THROUGH ADVOCACY • Represented STTI, its mission, and initiatives at multiple national and international nursing and interdisciplinary meetings • Presented two parallel events sessions for the Commission on the Status of Women at the United Nations in New York • Increased social media use to build networks and expand collaboration • The Circle –http://thecircle.nursingsociety.org

• LinkedIn – www.linkedin.com/company/ sigma-theta-tau-international • Twitter – www.twitter.com/stti; Follow@STTI • Facebook – www.facebook.com/ SigmaThetaTauIntl • Celebrated STTI’s Founders' Day (5 October) with 90 minutes of service in recognition of the honor society’s legacy • Inducted 42 into the International Nurse Researcher Hall of Fame (2015-2017)

REPORT OF INTERNATIONAL BOARD OF DIRECTORS

• Selected recipients for board bestowed awards and ratified recipients for other organizational awards

• Conducted regularly scheduled meetings with Past President’s Council • Approved ten honorary members for induction

ACTIONS RELATED TO INFLUENCE THROUGH POLICY • Maintained ECOSOC status with the UN • Represented STTI at WHO and UN meetings • Discussed STTI engagement in policy and decided to leverage policy work around knowledge

• Development of STTI’s policy agenda was a major Board focus. This process will continue into the 2017-19 Biennium.

ACTIONS RELATED TO INFLUENCE THROUGH PHILANTHROPY • Engaged in discussion on how to develop a culture of philanthropy • Announced 100% of STTI Board members as donors to the Foundation

• Created the Cathy Catrambone Philanthropy Circle in recognition of her STTI Presidency • Created the Patricia E. Thompson Global Nursing Research Fund in the STTI Foundation for Nursing in honor of her retirement as CEO

ACTIONS RELATED TO INFLUENCE THROUGH LIFELONG LEARNING • Continued leadership programs with funding partners: • Maternal-Child Health Nurse Leadership Academy (MCHNLA) North America • Maternal-Child Health Nurse Leadership Academy-Africa (MCHNLA Africa) • Gerontological Nursing Leadership Academy (GNLA) • Nurse Faculty Leadership Academy (NFLA) • Experienced Nurse Faculty Leadership Academy (ENFLA) • Emerging Educational Administrator Institute (EEAI) • Established the Institute for Global Healthcare Leadership which was implemented in 2016 • Offered a leadership workshop at the European Regional Conference, June 2016, and participated in the conference

• Published 28 new books (2015-2017) • Received 12 AJN book awards (2015-2016) • Updated offerings in the Virginia Henderson Global Nursing e-Repository. • Continued excellence of STTI Journals measured by Impact Factor: • Journal of Nursing Scholarship – 2.396 – ranked 6th (up from 7th) • Worldviews on Evidence Based Nursing – 2.103 – ranked 11th (up from 17th) • Created a new online career mentoring program with a Hugoton Foundation grant given to STTI Foundation of Nursing

TREASURERâ&#x20AC;&#x2122;S REPORT Honor Society of Nursing, Sigma Theta Tau International, Inc.

STATEMENT OF FINANCIAL POSITION for 30 June 2016 and 2017

2017

2016

$5,723,695 8,156,765 239,120 5,929,978 439,621 1,025,041 289,247

$5,282,306 7,224,799 180,220 6,615,943 435,128 472,529 269,855

$21,803,467

$20,480,780

Accounts Payable Accrued Payroll and Related Benefits Renewal Distribution Liability Dues Received in Advance Deferred Revenue

$216,022 242,527 1,417,415 172,608 6,594,240

$324,817 229,664 1,572,468 227,525 5,663,639

Total Liabilities

8,642,812

8,018,113

13,160,655

12,462,667

$21,803,467

$20,480,780

ASSETS Cash and Cash Equivalents Other Investments Accounts and Pledges Receivable Accounts Receivable-Related Parties Inventory Prepayments Property, Equipment, and Software Total Assets

LIABILITIES AND NET ASSETS Liabilities

Net Assets Total Liabilities and Net Assets

TREASURERâ&#x20AC;&#x2122;S REPORT

Honor Society of Nursing, Sigma Theta Tau International, Inc.

STATEMENT OF ACTIVITIES for the Years Ended 30 June 2016 and 2017

REVENUE Contributions and Grants Journals Membership Events and Programs Interest Income/Gains/Loss on Investments Sales Miscellaneous Income Total Revenue

2017

2016 *

$1,211,868 418,403 8,397,275 1,122,285 606,137 1,881,887 122,060

$1,338,337 416,587 8,218,695 2,808,228 6,606 2,032,240 250,294

$13,759,915

$15,070,987

$1,145,065 1,837,971 1,070,382 1,906,814 1,495,423 1,705,644 1,095,691 1,346,724 679,567 577,902 200,744

$1,004,416 1,907,280 958,654 1,755,840 1,628,601 1,583,035 2,712,269 1,528,785 596,896 819,092 234,985

$13,061,927

$14,729,853

$697,988

$341,134

EXPENSES Governance Administration Corporate Communications Technology Publications Membership Events and Programs Leadership Development Knowledge Development Global Development Research, Grants, and Awards Total Expenses Change in Net Assets * Convention Year

TREASURERâ&#x20AC;&#x2122;S REPORT

OPERATING REVENUES BIENNIUM 2016-2017 1.4% Miscellaneous Income

8.8% Contributions and Grants

13.6% Sales

2.9% Journals

2.1% Interest Income/ Gains/Loss on Investments

57.6% Memberships

13.6% Events

and Programs

OPERATING EXPENSES BIENNIUM 2016-2017 10.3% Leadership Development 4.6% Knowledge Development

11.2% Publications

7.7% Governance

1.7% Research,

Grants, and Awards

13.5% Administration 13.2% Technology

5.0% Global Development 13.7% Events and Programs

11.8% Membership 7.3% Corporate

Communications

TREASURERâ&#x20AC;&#x2122;S REPORT

Honor Society of Nursing, Sigma Theta Tau International, Inc.

OPERATING ACCOUNT BUDGET FISCAL YEAR 2018

REVENUE Contributions and Grants Journals Membership Events and Programs Interest on Investments Sales Miscellaneous Income Total Revenue

Fiscal Year 2018 Budget $1,386,577 409,534 8,552,339 3,530,410 345,000 1,927,227 400,156 $16,551,243

$1,710,639 2,342,610 1,921,304 1,916,253 1,195,200 3,164,958 614,057 260,822 1,473,631 1,544,335 768,886 $16,912,695 $(361,452)

TREASURERâ&#x20AC;&#x2122;S REPORT

OPERATING REVENUES BUDGET FISCAL YEAR 2018 2.4% Miscellaneous Income

8.4% Contributions and Grants

11.6% Sales

2.5% Journals

2.1% Interest Income/ Gains/Loss on Investments

51.7%: Memberships 21.3%: Events

and Programs

OPERATING EXPENSES BUDGET FISCAL YEAR 2018 4.5% Knowledge

Development

10.1% Governance

9.1% Leadership

Development

8.7% Publications 1.5% Research,

13.9% Administration

Grants, and Awards

11.4% Technology

3.7% Global

Development

11.3% Membership 18.7% Events and Programs

7.1% Corporate

Communications

2015-2017 CEO SUMMARY This biennium marks significant advancement in realizing the honor society’s mission and vision through action. Volunteer leaders, members, chapters, and the 92 professional staff members at headquarters have implemented activities to move the Strategic Plan 2014-2020 forward. Guided by board policy and direction setting, the staff established goals and outcomes for each year of the biennium and executed and engaged hundreds of thousands of actions on behalf of the honor society. We all feel a sense of commitment and privilege to be making a difference for the nursing profession.

Patricia E. Thompson EdD, RN, FAAN Chief Executive Officer

GOAL 1: GROW IN VALUE FOR MEMBERS AND ALL NURSES WORLDWIDE WHO ARE PURSUING EXCELLENCE. • In this biennium, STTI provided service to more than 135,000 members residing in 96 countries. Comprehensive recruitment and retention plans are in place to continue growth. • Added 27 new chapters and conducted seven amendments increasing the total number of chapters to 531. • Engaged new members in 47 webcasts to review STTI resources, services, and products. • Engaged nursing students through Student Central webpages. • Increased applications for chapter charters from developing honor societies outside North America. • During this biennium, five chapters outside North America were chartered in addition to one charter amendment: Psi Alpha-at-Large Chapter The University of Notre Dame Australia Fremantle, Western Australia, Australia Curtin University Bentley, Western Australia, Australia Edith Cowan University Joondalup, Western Australia, Australia Chartered on 13 August 2016 Psi Beta Chapter Silliman University Dumaguete City, Negros Oriental, Philippines Chartered on 23 August 2016

2013-2015 CEO SUMMARY

Psi Zeta-at-Large Chapter Monash University Clayton, Victoria, Australia University of Tasmania

Psi Kappa Chapter The University of Jordan Amman, Jordan Chartered on 20 February 2017

Launceston, Tasmania, Australia Federation University Ballarat, Victoria, Australia Victoria University Melbourne, Victoria, Australia Chartered on 17 November 2016

Xi Omicron-at-Large Chapter University of Technology – Sydney Parramatta, New South Wales, Australia University of Wollongong Wollongong, New South Wales, Australia The University of Notre Dame Australia Darlinghurst, New South Wales, Australia Were added to the charter on 24 August 2017

Psi Eta Chapter Flinders University Adelaide, South Australia, Australia Chartered on 21 November 2016

• Developed operational plans to implement Global Regional Councils. • Increased social media presence. • Chapter activities supporting United Nations Sustainable Development Goals were formally reported to the United Nations as part of STTI’s annual report. • Operational plans updated across departments based on the 2014-2020 Strategic Plan. • Developed Sigma rebranding and logo for board approval and launch at the 44th Biennial Convention. • Completed a member survey to assess member needs and satisfaction. • Initiated a career mentoring and coaching program developed by members, exclusively for members.

GOAL 2: PROMOTE AND CELEBRATE NURSING SCHOLARSHIP, LEADERSHIP, AND SERVICE WORLDWIDE. • Donations to the STTI Foundation for Nursing’s Leadership Fund made possible US $16,941 in membership subsidies to 380 new inductees and members in Africa, Asia, Latin America/Caribbean, Middle East, and North America who seek financial assistance to join or renew their dues. • Donations to the STTI Foundation for Nursing’s Leadership Fund made possible US $65,000 in leadership education grants to 72 nurses from regions of Africa, Asia, Europe, Middle East, North America, and Oceania so they could participate in research congresses, Leadership Connection, and the 44th Biennial Convention. (Twenty percent increase in grant funding over last biennium.) • Donations to the STTI Foundation for Nursing’s Research Permanent Fund and Research Restricted Fund made possible US $459,000 in research grants to 77 nurses conducting research in the regions of Africa, Asia, Europe, Middle East, Latin America/Caribbean, North America, and Oceania. (Twentyfive percent increase in grant funding over last biennium.) • Recognized and thanked STTI volunteers during Volunteer Week.

2015-2017 CEO SUMMARY

• Encouraged chapters to celebrate their successes by submitting a Showcase of Regional Excellence application. • Encouraged chapters and members to promote and participate in 90 Minutes of Service commemorating Founders' Day. • Received 205 award and honorary member nominations from all global regions. • Received 102 Chapter Key Award nominations. • Published bimonthly issues of the Journal of Nursing Scholarship and Worldviews on Evidence-Based Nursing. • Published Reflections on Nursing Leadership online with updates almost every day. • The Virginia Henderson Global Nursing e-Repository expanded its participation opportunities beyond individual nurses and schools of nursing to include national and international nursing organizations. • The repository has added Altmetric® tracking allowing submitting authors the opportunity to track online discussions surrounding their posted works. • Per Google Analytics there has been a 59% increase in returning visitors to the repository this biennium. • Developed new multicourse continuing nursing education programs and revised/enhanced existing course offerings. STTI is continuing to offer free and discounted education as a member benefit with more than 13,000 free courses taken during this biennium. • Continued successful leadership academies and institutes. • Developed and updated a variety of programs for faculty development through the STTI/Chamberlain College of Nursing Center for Excellence in Nursing Education (CENE). • Launched the Institute for Global Healthcare Leadership. • Created a new online career mentoring program with a Hugoton Foundation grant given to STTI Foundation of Nursing.

GOAL 3: BUILD PARTNERSHIPS AND COLLABORATIVE ENDEAVORS TO ADVANCE THE MISSION OF THE SOCIETY. • Added more than 40 new funding and organizational partners from around the world. • As part of our ongoing commitment to support the United Nations Sustainable Developmental Goals, hosted two presentations at the United Nations, inviting several collaborating partners to co-present. These actions helped to meet STTI’ United Nations Economic and Social Council special consultative status obligations. • Developed job descriptions for UN volunteer staff and a webinar that features their work. • Expanded global engagement and represented STTI at the World Health Organization, United Nations, and the International Council of Nurses to further advance STTI’s mission and vision. • Completed the Global Advisory Panel on the Future of Nursing and Midwifery’s (GAPFON®) global regional stakeholders’ meetings. Report released July 2017. The next phase will focus on implementation of identified strategies. (www.gapfon.org) • Continuing partnership with the International Network for Doctoral Education in Nursing (INDEN).

GOAL 4: SUSTAIN AND ADVANCE THE RESOURCES OF THE SOCIETY. • Prepared and monitored budgets to preserve and enhance the fiscal position of STTI and its subsidiaries (See Treasurer’s Report). • During this biennium, Nursing Knowledge International enjoyed a steady increase in website visitors and revenue. Some new and innovative marketing tactics along with the new website have been great assets. Adoptions of STTI books for school of nursing courses continue to grow steadily. • Confirmed 24 new Fellows in the Heritage Society and Philanthropic Caring Society as of 30 August 2017. • Updated technology to state of the art solutions and cloud based technology. This has provided a tighter alignment of IT and business plus the automation of highly labor-intensive processes and procedures. This biennium has focused on leadership to achieve outcomes for global health. By learning from and about STTI and the environment in which it operates, focusing on priorities and aligning operations and vision, the staff has been an integral part of moving from vision to action. As CEO of this exceptional organization, I am impressed with the dedication and commitment of the staff, volunteer leaders, and members. It has been a true honor to serve as your CEO for the last 10 years. Although retiring, I will continue to be an active member of STTI and look forward to continuing to support our mission - advancing world health and celebrating nursing excellence in scholarship, leadership, and service.

NOTES

THE MISSION OF THE HONOR SOCIETY OF NURSING, SIGMA THETA TAU INTERNATIONAL, IS ADVANCING WORLD HEALTH AND CELEBRATING NURSING EXCELLENCE IN SCHOLARSHIP, LEADERSHIP, AND SERVICE.

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