2017/2018
ANNUAL REPORT
LINKING EXCEPTIONAL TALENT TO EXTRAORDINARY CAREERS
OUR VISION
We envision a world where all human capital are valued and empowered to achieve their fullest potential through parity of access to the US STEM workforce, driving global innovation and competitive advantage.
OUR MISSION Since 1976, the National GEM Consortium has been addressing a critical shortfall in American engineering and scientific talent by increasing the participation of underrepresented minorities at the Master’s and Doctoral levels. Our model is strategic and proven. We provide graduate fellowships to highly qualified individuals from communities where such talent is largely untapped. Working in partnership with leading corporations, U.S. government laboratories, and many of the nation’s top universities and research institutes, we provide GEM Fellows with the much-needed financial support that is often the deciding factor in pursuing graduate education, as well as practical experience through high-level, paid summer internships. GEM does more than provide financial support, however. We work to ensure student success in these competitive academic and professional environments with effective programs that increase the recruitment, retention, and graduation of GEM Fellows. More than 4,000 GEM Fellows have gone on to successful careers.
2017/2018 ANNUAL REPORT Table of Contents INTRODUCTION Letter from the President 3 Letter from the Chief Executive Officer 3
PROGRAMMING GEM GRAD Lab 4 Future Faculty and Professionals 5 2018 GEM Fellows 6 2018 Selection Data - Yearly Outlook 12 Annual Board Meeting & Conference 14
FINANCIAL STATEMENTS Independent Auditors Report Statement of Financial Position Statements of Activities Statements of Cash Flows Notes to the Financial Statements
18 19 20 22 23
DONORS & EXECUTIVE COMMITTEE AND STANDING CHAIRS Donor List Executive Committee and Standing Chairs
26 27
Letter from the PRESIDENT Dear GEM Colleague, We are very pleased to release the 2018 Annual Report for the National GEM Consortium. We have had another very productive year across the GEM community, and the GEM mission continues to be as important as ever. Brennon Marcano, our GEM Chief Executive Officer, has set very aggressive goals, and we are looking forward to supporting significantly more students over the next several years. The GEM Board recently completed a new strategic plan for enhancing GEM’s awareness, impact, and relationships, as well as improving overall operations. We look forward to presenting the latest strategic goals and actions to our broader GEM community. As always, your input on GEM’s direction is critically important. This year I have completed my third and final two-year term as Chair of the GEM Board of Directors. I will be working closely with the new GEM Board Chair to ensure a smooth transition. It has been a privilege for me to be a part of the GEM program, and I have really enjoyed working directly with many from across the GEM community. MIT Lincoln Laboratory and I will continue to strongly support the GEM mission over the coming years.
ERIC EVANS, PH.D.
CHAIR, GEM BOARD OF DIRECTORS
Letter from the CHIEF EXECUTIVE OFFICER Dear GEM Stakeholder, While it is sometimes overly used, there is no denying the phenomena of strength in numbers. Such a theme has been prevalent for us throughout the year and it is through those lens that we are pleased to release our 2017/2018 annual report. This year was a year of understanding and establishment. Understanding how we can effectively work together as a staff with a new leader, a board with a new mandate and a consortium with a new direction. Everyone embraced these new norms and the result was the establishment of a new and robust GEM model. One that accounted for the needs of all stakeholders and pushed hard to create meaningful impact in diversity in STEM. As an organization, we created a strategic plan that was anchored by three main tenets, Awareness, Impact and Relationships. Awareness around our over four decades of success stories. Impact through an aggressive goal of a sustained 20% growth in full fellowships through to our 50th anniversary and Relationships in nurturing and supporting all members of our family. Our full fellowship support rose 40%, an astronomical number considering the initial stretch goal of 20% and the lack of a historical precedence for that type of growth. This was due to the focused efforts of everyone within the consortium assisting with greater internal upsells within their organizations, or brokering new relationships, which led to new members. Not to be outdone, our university and associate fellowships grew 90% as universities began to fully comprehend the value proposition of being a GEM member and more importantly, how to extract that value. Yet in spite of all this great growth, we are still significantly far from our ultimate goal of no longer leaving any scientists and technologists behind. We are still less than 50% placement of all the individuals that were judged and identified as eligible to receive a fellowship. Still our growth has signified that we have a renewed vigor to approach this problem and will continue to push ourselves in such a manner. At 42 years, GEM continues to evolve as an organization. As we look towards our 50th anniversary, our primary focus is growth that would lead to us ultimately being viewed as an organization that is best in class. We are aware that our message fights with other narratives out there. Narratives that suggest that diverse talent does not exist and if it does, it is in extremely small numbers. Narratives that perpetuate the belief that academic rigor is a scam. We are here to silence these narratives, we are here to make real change, and we are here for scientific impact. We look forward to your continued support and participation.
BRENNON MARCANO CHIEF EXECUTIVE OFFICER
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
3
gradLab
SM
An advanced degree in engineering or science can open doors to even more challenging and responsible careers— especially in the dynamic and sophisticated areas of high technology research. Every year a significant number of underrepresented minorities enter undergraduate engineering and science curricula; however, under-represented minorities represent less than five percent of the recipients of advanced degrees in engineering or science. It is GEM’s belief that if highly qualified minority students were exposed to the benefits of a career in research and technology innovation, via presentations from individuals from their communities who have received a graduate engineering or science degree and are currently successful in their careers, and were given resources on how to apply to graduate school, more students would apply and successfully matriculate in graduate engineering and science programs. GEM conducts two signature programs to promote the participation and successful graduation of underrepresented minorities at the graduate level in science and engineering. GEM’s signature undergraduate program, called
4
GRAD Lab (Getting Ready for Advanced Degree Laboratory), inspires close to one thousand under-represented STEM undergraduates annually to pursue a graduate degree in engineering or science. The GRAD Lab is currently supported by The Intel Foundation. GRAD Lab is GEM’s first programmatic offering for undergraduates! Launched at the 30th Anniversary Conference in June 2006 to outstanding participant reviews, GRAD Lab offers under-represented students exposure to the benefits of research and technology careers in a highly interactive one-day event. GRAD Lab encourages young people of color to consider graduate engineering or science education and applying for the GEM fellowship. Focusing on the global importance of research and innovation, life-long career benefits, and real world role models the symposium will help each student envision his or her future as a technology leader, successfully apply for a GEM fellowship, and gain entry to a graduate program. GRAD Lab is GEM’s portable and scalable solution for developing diverse technical talent with advanced degrees.
September 20
September 30
September 30
October 14
October 14
October 18
October 21
October 21
October 21
October 28
October 28
October 28
October 30
March 3, 2018
March 24, 2018
April 7, 2018
April 14, 2018
April 14, 2018
April 14, 2018
April 14, 2018
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
als ion fe s s and
Pro Fut
ure
Fac
ulty
GEM’s signature graduate program, FFP Symposium provides comprehensive programming to current graduate students to ensure successful completion of rigorous STEM graduate programs. The goal of the FFP Symposium is to provide graduate students with improved research and career competitiveness, tools and metrics for greater control in career planning, and to gain access to a powerful network of peers and mentors.
2018 GEM FULL FELLOWS
6
Name
Expected Degree Major
University Signed With
Matched Employer Name
Mohamed Abdelrahman
PhD Mechanical Engineering
Carnegie Mellon University
National Renewable Energy Laboratory
Andrew Adams
MS Aerospace
Massachusetts Institute of Technology
Space Exploration Corp
Tolulope Ajayi
PhD Biomedical
University of Florida
Draper Laboratory
AndrĂŠs Alejos
MS Computer Science
Purdue University
MIT Lincoln Laboratory
Justin Alexander
MS Biomedical
Georgia Institute of Technology
Brookhaven National Laboratory
Kendra Allen
PhD Material Science
University of Tennessee - Knoxville
3M Company
Alexander Alvara
PhD Mechanical Engineering
University of California - Berkeley
Brookhaven National Laboratory
Khalil Anderson
PhD Computer Science
Northwestern University
Adobe Systems Incorporated
Gerardo Arevalo
MS Aerospace
University of Southern California
Aerospace Corporation, The
Yonas Asfaw
MS Computer Science
University of Southern California
Oak Ridge National Laboratory
Norh Asmare
PhD Electrical Engineering
Georgia Institute of Technology
MIT Lincoln Laboratory
Roydrick Austin
PhD Computer Science
Northwestern University
Oak Ridge National Laboratory
Hailey Baez
MS Computer Science
University of South Florida
Georgia Tech Research Institute
K'yal Bannister
MS Chemical Engineering
Carnegie Mellon University
National Renewable Energy Laboratory
Shereen Bellamy
MS Computer Science
Northeastern University
Intel Corporation
Diana Beltran
PhD Electrical Engineering
Carnegie Mellon University
Amazon
Kaila Billie
MS Computer Science
Georgia Institute of Technology
MIT Lincoln Laboratory
Jeremy Blackstone
PhD Computer Science
University of California - San Diego
Intel Corporation
Julien Bloch
Phd Bioengineering
University of Washington
Elementum
Brandon Bolton
PhD Chemical Engineering
Purdue University
National Renewable Energy Laboratory
Isaiah Borne
PhD Chemical Engineering
Georgia Institute of Technology
ExxonMobil
Lauren Brads
MS Industrial Engineering
Georgia Institute of Technology
Los Alamos National Laboratory
Thurston Brevett
PhD Electrical Engineering
Stanford University
MIT Lincoln Laboratory
Zakiyyah Brown
PhD Civil Engineering
University of Southern California
ExxonMobil
Lucero Buendia
MS Mechanical Engineering
University of Texas at El Paso
Aerospace Corporation, The
Chung Bui
MS Electrical Engineering
Stanford University
MIT Lincoln Laboratory
Arturo Cantu-Chavez
MS Industrial Engineering
Stanford University
Corning Incorporated
Aldo Carranza
PhD Computer Engineering
Stanford University
Adobe Systems Incorporated
Desmond Caulley
PhD Electrical Engineering
Georgia Institute of Technology
MIT Lincoln Laboratory
Jonathan Chery
MS Computer Science
Northeastern University
Adobe Systems Incorporated
Andre Cleaver
PhD Mechanical Engineering
Tufts University
MIT Lincoln Laboratory
Omar Clinton
MS Computer Science
University of California - Berkeley
Pacific Northwest National Laboratory
Anthony Colas
PhD Computer Science
University of Florida
Adobe Systems Incorporated
Danielle Coogan
PhD Mechanical Engineering
University of Florida
MIT Lincoln Laboratory
Eric Corbett
PhD Computer Science
Georgia Institute of Technology
Pacific Northwest National Laboratory
Rachid Darbali
PhD Electrical Engineering
University of Puerto Rico at Mayaguez
Pacific Northwest National Laboratory
Erica Dasi
PhD Civil Engineering
University of South Florida
Lawrence Berkeley National Laboratory
Jamal Davis
MS Computer Engineering
Carnegie Mellon University
Intel Corporation
Alec Dean
MS Computer Science
Cornell University
MIT Lincoln Laboratory
Chelsea Deane
MS Computer Science
Johns Hopkins University
MITRE Corporation
Matthias Denu
MS Computer Science
Northeastern University
Adobe Systems Incorporated
Alyssa Donawa
MS Computer Science
University of Kentucky
Intel Corporation
Wydglif Dorlus
MS Electrical Engineering
University of Alabama - Huntsville
Fermi National Accelerator Laboratory
Melissa Duran
MS Computer Science
Colorado School of Mines
Adobe Systems Incorporated
Ogheneochukome Erhueh
MS Computer Science
Arizona State University
Intel Corporation
Jasmine Espindola
MS Electrical Engineering
University of Illinois, Chicago
Intel Corporation
Kathleen Falcon
MS Computer Science
Carnegie Mellon University
Institute for Defense Analyses
Cassidy Feltenberger
PhD Chemistry
University of California - Irvine
Aerospace Corporation, The
Jonathan Fortis Rivera
MS Electrical Engineering
Carnegie Mellon University
Johns Hopkins University Applied Physics Laboratory
Janay Frazier
PhD Electrical Engineering
Virginia Polytechnic Institute & State University
Johns Hopkins University Applied Physics Laboratory
Ivan Fuller
MS Mechanical Engineering
Wisconsin - Madison, University
Los Alamos National Laboratory
Jordan Galloway
PhD Chemistry
University of California - Merced
Idaho National Laboratory
Sarah Garcia
PhD Computer Science
University of South Florida
Adobe Systems Incorporated
Svetlana Gelpi-Dominguez
PhD Chemistry
University of Connecticut
Lawrence Livermore National Laboratory
Ana Gomez
PhD Biomedical
University of California - Berkeley
Draper Laboratory
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
2018 GEM FULL FELLOWS Name
Expected Degree Major
University Signed With
Matched Employer Name
Abraham Gonzalez
PhD Computer Engineering
University of California - Berkeley
Intel Corporation
David Gundana
PhD Mechanical Engineering
Cornell University
MIT Lincoln Laboratory
Elijah Hammond
MS Mechanical Engineering
Georgia Institute of Technology
Sandia National Laboratories
Rachel Harris
MS Computer Science
University of Michigan
Intel Corporation
Taylor Harris
PhD Chemistry
University of South Florida
Los Alamos National Laboratory
Malik Hayes
MS Computer Science
Georgia Institute of Technology
Idaho National Laboratory
Khir Henderson
PhD Electrical Engineering
Morgan State University
Johns Hopkins University Applied Physics Laboratory
Brianna Hibbler
PhD Mechanical Engineering
Virginia Polytechnic Institute & State University
Intel Corporation
Keion Howard
MS Aerospace
Georgia Institute of Technology
National Renewable Energy Laboratory
Sofia Hurtado
MS Computer Science
Carnegie Mellon University
Qualcomm, Inc.
Gabriela Ibarra
PhD Chemistry
University of Illinois, Urbana Champaign
Oak Ridge National Laboratory
Celine Irvene
PhD Computer Engineering
Georgia Institute of Technology
IBM Corporation
Natalie Jara
MS Computer Engineering
Carnegie Mellon University
Sandia National Laboratories
Camilla Johnson
PhD Material Science
Georgia Institute of Technology
Northrop Grumman
Ravez Jones
MS Biomedical
Georgia Institute of Technology
Sandia National Laboratories
Stephanie Jones
PhD Computer Science
Northwestern University
Idaho National Laboratory
Kelechi Kwazemem-Opara
MS Computer Engineering
Georgia Institute of Technology
Intel Corporation
JoRee LaFrance
PhD Applied Science
University of Arizona
Fermi National Accelerator Laboratory
Andrew Lambert
PhD Electrical Engineering
University of Illinois, Chicago
Fermi National Accelerator Laboratory
Steven Layne
MS Computer Science
University of Illinois, Urbana Champaign
Adobe Systems Incorporated
Haley Lewis
PhD Civil Engineering
Northwestern University
National Renewable Energy Laboratory
Jose Liquet Gonzalez
PhD Applied Science
University of Tennessee - Knoxville
Lawrence Berkeley National Laboratory
Jose Loli
PhD Mechanical Engineering
Carnegie Mellon University
Intel Corporation
Darrion Long
MS Computer Science
University of Missouri-Columbia
Intel Corporation
Alexis Lopez
MS Electrical Engineering
University of Illinois, Chicago
Intel Corporation
Gabriela Lopez
MS Electrical Engineering
Georgia Institute of Technology
Intel Corporation
Leonardo Lopez
MS Computer Science
University of Southern California
Intel Corporation
Joseph Lucey
PhD Civil Engineering
University of California - Los Angeles
Lawrence Berkeley National Laboratory
Jasmine Mabrey
MS Computer Science
North Carolina A&T State University
Sandia National Laboratories
Sarah Martin
MS Computer Science
Arizona State University
Intel Corporation
Brandon Martinez
MS Physics
University of New Mexico
Los Alamos National Laboratory
Brittani Maskley
PhD Material Science
University of Florida
Intel Corporation
Tobias Mazal
PhD Chemical Engineering
University of California - Santa Barbara
Corning Incorporated
Samantha Medina
PhD Material Science
Colorado School of Mines
National Renewable Energy Laboratory
Elmer Melendez
MS Computer Science
University of Texas at Austin
Qualcomm, Inc.
Jacquelyn Mettler
PhD Applied Science
University of New Mexico
Los Alamos National Laboratory
Gabriel Montoya
PhD Mechanical Engineering
Purdue University
Los Alamos National Laboratory
Zora Moore
MS Computer Science
University of Maryland - College Park
Qualcomm, Inc.
Reynaldo Morillo
PhD Computer Science
University of Connecticut
Johns Hopkins University Applied Physics Laboratory
Elvin Munoz
MS Mechanical Engineering
Northwestern University
Pacific Northwest National Laboratory
Chrystiano Murray
PhD Electrical Engineering
Georgia Institute of Technology
Johns Hopkins University Applied Physics Laboratory
Whitney Nelson
MS Computer Science
Georgia Institute of Technology
Oak Ridge National Laboratory
Ariel Nessl
PhD Chemistry
University of Southern California
Los Alamos National Laboratory
Kevin Nixon
PhD Chemical Engineering
Texas A&M University
National Renewable Energy Laboratory
Njideka Nnorom
PhD Chemical Engineering
Rice University
Intel Corporation
Logan Northcutt
PhD Chemistry
Vanderbilt University
Brookhaven National Laboratory
Darian Nwankwo
PhD Computer Science
Cornell University
Adobe Systems Incorporated
Tofunmi Ogunfunm
PhD Material Science
Worcester Polytechnic Institute
IBM Corporation
Dante O'Hara
PhD Material Science
University of California - Riverside
Lawrence Livermore National Laboratory
Olatide Omojaro
PhD Computer Science
Georgia Institute of Technology
Intel Corporation
Kwadwo Opong-Mensah
MS Optics
University of Rochester
Intel Corporation
Anehita Oribabor
PhD Mechanical Engineering
Boston University
IBM Corporation
spencer ortega
MS Computer Science
University of Southern California
Los Alamos National Laboratory
Jonathan Osei-Owusu
MS Computer Engineering
University of Illinois, Urbana Champaign
Intel Corporation
Kofi Otseidu
PhD Computer Engineering
Northwestern University
Intel Corporation
2018 GEM FULL FELLOWS
8
Name
Expected Degree Major
University Signed With
Matched Employer Name
Denise Owusu
MS Engineering and Technology
Carnegie Mellon University
Idaho National Laboratory
Sofia Pando
MS Electrical Engineering
Carnegie Mellon University
Intel Corporation
Cadence Payne
MS Aerospace
Massachusetts Institute of Technology
Aerospace Corporation, The
Emily Penn
PhD Chemical Engineering
Stanford University
National Renewable Energy Laboratory
Diana Perales
PhD Chemistry
Purdue University
Idaho National Laboratory
Ruth Petit-Bois
MS Computer Science
Georgia Institute of Technology
Adobe Systems Incorporated
Quinton Porter
PhD Mechanical Engineering
Texas A&M University
3M Company
Malcolm Porterfield
PhD Mechanical Engineering
Rensselaer Polytechnic Institute
Los Alamos National Laboratory
Kasandra Price
MS Computer Engineering
Carnegie Mellon University
Intel Corporation
Jorge Ramirez Lujan
PhD Material Science
Purdue University
Idaho National Laboratory
Lucia Ramirez
PhD Electrical Engineering
Tufts University
Intel Corporation
Andre Kenneth Chase Randall
MS Computer Science
Carnegie Mellon University
Intel Corporation
Ariana Rennie
MS Mechanical Engineering
Stony Brook University
United Technologies Research Center
Jacob Rey
MS Electrical Engineering
University of Southern California
Intel Corporation
Elliott Robinson
MS Electrical Engineering
Johns Hopkins University
Intel Corporation
Alfredo Rodriguez
PhD Mechanical Engineering
Cornell University
Intel Corporation
Kantwon Rogers
PhD Computer Science
Georgia Institute of Technology
Intel Corporation
Eduardo Romero
PhD Computer Science
Ohio State University
Adobe Systems Incorporated
Christopher Roper
MS Aerospace
Georgia Institute of Technology
Los Alamos National Laboratory
Twymun Safford
PhD Physics
Michigan State University
Fermi National Accelerator Laboratory
Jayson Salkey
PhD Computer Science
Cornell University
Amazon
Jorge Salome
PhD Mechanical Engineering
Carnegie Mellon University
MIT Lincoln Laboratory
Stephanie Sandoval
PhD Material Science
Georgia Institute of Technology
3M Company
nicholas schulman
PhD Chemical Engineering
Cornell University
Corning Incorporated
Kevin Scroggins Jr.
MS Computer Science
Junior
Adobe Systems Incorporated
Sarai Sherfield
PhD Electrical Engineering
Georgia Institute of Technology
Lawrence Livermore National Laboratory
Michael Smith
MS Computer Science
Northwestern University
Intel Corporation
Nahom Solomon
MS Computer Engineering
Georgia Institute of Technology
Intel Corporation
Kalifa Stringfield
MS Biomedical
Texas A&M University
Los Alamos National Laboratory
Jean Luis Suazo Betancourt
PhD Aerospace
Georgia Institute of Technology
Aerospace Corporation, The
Tyrome Sweet
PhD Applied Science
University of California - Merced
Georgia Tech Research Institute
Eduardo Tapia
MS Computer Science
Carnegie Mellon University
Qualcomm, Inc.
Gabrielle Taylor
PhD Computer Science
Auburn University
Adobe Systems Incorporated
Megan Taylor
PhD Chemistry
University of Missouri-Columbia
Pacific Northwest National Laboratory
Julian Trulear
MS Electrical Engineering
Carnegie Mellon University
Lexmark International, Inc.
Emily Anne Vargas
PhD Material Science
University of Southern California
Eaton
Tellrell White
PhD Electrical Engineering
Morgan State University
MIT Lincoln Laboratory
Caitlin Whitter
PhD Computer Science
Purdue University
MIT Lincoln Laboratory
Mercedes Winfrey
MS Optics and Photonics
University of Central Florida
Pacific Northwest National Laboratory
Gregory Wint
MS Computer Science
Binghamton University
Pacific Northwest National Laboratory
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
2018 GEM ASSOCIATE FELLOWS Name
Fellowship Type
Expected Degree Major
University Signed With
Lavontria Aaron
GEM Associate Fellowship
PhD Applied Science
Johns Hopkins University
Kailani Acosta
GEM Associate Fellowship
PhD Applied Science
Columbia University
Miguel Alcantar
GEM Associate Fellowship
PhD Biomedical
Massachusetts Institute of Technology
Marilyn Allen
GEM Associate Fellowship
PhD Chemical Engineering
University of Maryland - Baltimore County
Kwasi Amofa
GEM Associate Fellowship
PhD Biomedical
University of California - Berkeley
Deron Arceneaux
GEM Associate Fellowship
MS Petroleum Engineering
Texas A&M University
Mark Auden
GEM Associate Fellowship
PhD Mathematics
University of Missouri-Columbia
Arianna Avellan
GEM Associate Fellowship
PhD Material Science
University of California - Berkeley
Vanessa Awate
GEM Associate Fellowship
MS Aerospace
University of Illinois, Urbana Champaign
Catherine Barwulor
GEM Associate Fellowship
PhD Computer Science
Clemson University
Liliana Bello Fernandez
GEM Associate Fellowship
PhD Chemical Engineering
University of Illinois, Urbana Champaign
Areidy Beltran
GEM Associate Fellowship
PhD Applied Science
University of California - Berkeley
Susana Beltran
GEM Associate Fellowship
MS Mechanical Engineering
Carnegie Mellon University
Guillermo Bernal
GEM Associate Fellowship
PhD Computer Science
Massachusetts Institute of Technology
Brett Bosinski
GEM Associate Fellowship
PhD Electrical Engineering
Purdue University
Janae Bradley
GEM Associate Fellowship
PhD Industrial Engineering
University of Missouri-Columbia
Antonio Campbell
GEM Associate Fellowship
PhD Mathematics
Arizona State University
Vashti Campbell
GEM Associate Fellowship
PhD Applied Science
North Carolina State University
Jonathan Charleston
GEM Associate Fellowship
MS Mechanical Engineering
Virginia Polytechnic Institute & State University
Keene Chin
GEM Associate Fellowship
PhD Mechanical Engineering
Carnegie Mellon University
Federico Cifuentes-Urtubey
GEM Associate Fellowship
PhD Computer Science
University of Illinois, Urbana Champaign
Donovan Colquitt
GEM Associate Fellowship
Phd Engineering Education
Purdue University
Vanessa Cooper
GEM Associate Fellowship
PhD Computer Science
University of South Carolina
LaTaijah Crawford
GEM Associate Fellowship
PhD Applied Science
Pennsylvania State University
Joshua Crittenden
GEM Associate Fellowship
PhD Civil Engineering
Duke University
Israel Da Silva
GEM Associate Fellowship
PhD Chemistry
Northwestern University
Adrian Davey
GEM Associate Fellowship
PhD Chemical Engineering
University of California - Berkeley
Adrian Davila
GEM Associate Fellowship
MS Material Science
Virginia Polytechnic Institute & State University
Luis Delgado
GEM Associate Fellowship
PhD Mechanical Engineering
Purdue University
Isaac Dyer
GEM Associate Fellowship
PhD Chemical Engineering
Northwestern University
Angel Enriquez
GEM Associate Fellowship
PhD Biomedical
Purdue University
Micaela Everitt
GEM Associate Fellowship
PhD Biomedical
University of Maryland - College Park
Elizabeth Favela
GEM Associate Fellowship
PhD Material Science
Carnegie Mellon University
Crystal Fernandez-Pena
GEM Associate Fellowship
PhD Industrial Engineering
Carnegie Mellon University
Jessica Flores
GEM Associate Fellowship
PhD Physics
Johns Hopkins University
Luisa Florez Umbarila
GEM Associate Fellowship
MS Civil Engineering
University of Texas at Austin
Soliver Fusi
GEM Associate Fellowship
PhD Chemical Engineering
University of California - Berkeley
Basia Gabela-Zuniga
GEM Associate Fellowship
PhD Biomedical
Ohio State University
William Garnes
GEM Associate Fellowship
MS Computer Science
Clemson University
Giroux Thomas
GEM Associate Fellowship
MS Mechanical Engineering
Virginia Polytechnic Institute & State University
Charlie Grinton
GEM Associate Fellowship
MS Civil Engineering
Virginia Polytechnic Institute & State University
Denzel Hamilton
GEM Associate Fellowship
PhD Electrical Engineering
Morgan State University
Hadiya Harrigan
GEM Associate Fellowship
PhD Mechanical Engineering
Duke University
Jordan Harrod
GEM Associate Fellowship
PhD Biomedical
Massachusetts Institute of Technology
Carlos Hernandez
GEM Associate Fellowship
PhD Civil Engineering
Carnegie Mellon University
Ciara Horne
GEM Associate Fellowship
PhD Civil Engineering
University of Virginia
Nicholas Hortance
GEM Associate Fellowship
PhD Material Science
Vanderbilt University
Romanus Hutchins
GEM Associate Fellowship
Phd Bioengineering
University of Maryland - College Park
Kevin Ingles
GEM Associate Fellowship
PhD Physics
Ohio State University
Dwayne Jefferson
GEM Associate Fellowship
MS Civil Engineering
Virginia Polytechnic Institute & State University
De'Von Jennings
GEM Associate Fellowship
MS Civil Engineering
University of California - Irvine
Jazette Johnson
GEM Associate Fellowship
PhD Computer Science
University of California - Irvine
Erick Jones
GEM Associate Fellowship
PhD Industrial Engineering
University of Texas at Austin
Ernest Kabuye
GEM Associate Fellowship
PhD Mechanical Engineering
Carnegie Mellon University
Daniel Keku
GEM Associate Fellowship
MS Civil Engineering
Virginia Polytechnic Institute & State University
2018 GEM ASSOCIATE & UNIVERSITY FELLOWS Camille Camejo GEM Associate Fellowship MS Computer Science
Carnegie Mellon University
2018 GEM ASSOCIATE FELLOWS Name
Fellowship Type
Expected Degree Major
University Signed With
Vanessa Kwarteng
GEM Associate Fellowship
PhD Mechanical Engineering
Purdue University
Amari Lewis
GEM Associate Fellowship
PhD Computer Science
University of California - Irvine
Shaquille Lewis
GEM Associate Fellowship
MS Biomedical
Florida A&M University
Millicent Lin
GEM Associate Fellowship
PhD Biomedical
Northwestern University
Gabriela Lomeli
GEM Associate Fellowship
PhD Chemical Engineering
University of California - Berkeley
Maria Lopez Cavestany
GEM Associate Fellowship
PhD Biomedical
Vanderbilt University
Kathryn Lopez
GEM Associate Fellowship
PhD Chemical Engineering
Virginia Polytechnic Institute & State University
Sebastian Manzo
GEM Associate Fellowship
PhD Material Science
University of Wisconsin-Madison
Kayla Marks
GEM Associate Fellowship
PhD Applied Science
University of Missouri-Columbia
Carmen Matos
GEM Associate Fellowship
MS Electrical Engineering
Ohio State University
Claire McClain
GEM Associate Fellowship
PhD Biomedical
Georgia Institute of Technology
Obie McGowan
GEM Associate Fellowship
PhD Computer Science
Michigan Tech University
Taylor McKie
GEM Associate Fellowship
PhD Civil Engineering
University of California - San Diego
Tino Monroe
GEM Associate Fellowship
MS Electrical Engineering
Auburn University
Alberto Nava
GEM Associate Fellowship
PhD Biomedical
University of California - Berkeley
Ezinne Nwankwo
GEM Associate Fellowship
PhD Applied Science
Duke University
Monsurat Olaosebikan
GEM Associate Fellowship
PhD Computer Science
Tufts University
Motolani Olarinre
GEM Associate Fellowship
PhD Computer Science
Carnegie Mellon University
Mary Omotoso
GEM Associate Fellowship
PhD Biomedical
Johns Hopkins University
Ufuoma Ovienmhada
GEM Associate Fellowship
PhD Mechanical Engineering
Massachusetts Institute of Technology
DeGrafth Palmore
GEM Associate Fellowship
PhD Electrical Engineering
Ohio State University
Marie Pape
GEM Associate Fellowship
PhD Industrial Engineering
Northwestern University
David Perez
GEM Associate Fellowship
PhD Civil Engineering
Florida A&M University
Emily Pujadas
GEM Associate Fellowship
PhD Biomedical
Northwestern University
Joshua Pulliam
GEM Associate Fellowship
PhD Mechanical Engineering
Virginia Polytechnic Institute & State University
Sergio Ramirez Martin
GEM Associate Fellowship
PhD Computer Science
Carnegie Mellon University
Carolyn Ramirez
GEM Associate Fellowship
PhD Chemical Engineering
Northwestern University
Anthony Reid
GEM Associate Fellowship
MS Civil Engineering
Carnegie Mellon University
Diego Rios
GEM Associate Fellowship
PhD Mathematics
New Jersey Institute of Technology
Celine Robinson
GEM Associate Fellowship
PhD Civil Engineering
Duke University
Isaac Robinson
GEM Associate Fellowship
PhD Mechanical Engineering
Georgia Institute of Technology
Lynnette Robinson
GEM Associate Fellowship
PhD Mathematics
Worcester Polytechnic Institute
Emilio Rodriguez
GEM Associate Fellowship
PhD Applied Science
Emory University
Jose Rodriguez
GEM Associate Fellowship
MS Aerospace
University of Illinois, Urbana Champaign
Dominic Romero
GEM Associate Fellowship
PhD Biomedical
University of Arkansas
Oluwaseun Romiluyi
GEM Associate Fellowship
PhD Chemical Engineering
Cornell University
Edward Scott
GEM Associate Fellowship
PhD Mechanical Engineering
Rensselaer Polytechnic Institute
William Scott
GEM Associate Fellowship
PhD Chemical Engineering
University of California - Davis
Joshua Simon
GEM Associate Fellowship
MS Applied Science
Ohio State University
Edmund Smith
GEM Associate Fellowship
PhD Electrical Engineering
Morgan State University
Michael Talley
GEM Associate Fellowship
PhD Electrical Engineering
Morgan State University
Chris Torres
GEM Associate Fellowship
PhD Chemical Engineering
University of Illinois, Urbana Champaign
Edwin Torres-Cuevas
GEM Associate Fellowship
PhD Chemical Engineering
University of Texas at Austin
Naeem Turner-Bandele
GEM Associate Fellowship
PhD Electrical Engineering
Carnegie Mellon University
Aaron West
GEM Associate Fellowship
PhD Mechanical Engineering
Massachusetts Institute of Technology
Christian White
GEM Associate Fellowship
PhD Civil Engineering
University of California - Berkeley
Lisha White
GEM Associate Fellowship
PhD Mechanical Engineering
Carnegie Mellon University
Brittney Williams
GEM Associate Fellowship
PhD Chemistry
Northwestern University
Corshai Williams
GEM Associate Fellowship
PhD Chemistry
Massachusetts Institute of Technology
Robyn Williams
GEM Associate Fellowship
MS Civil Engineering
University of Iowa
Augustine Zvinavashe
GEM Associate Fellowship
PhD Civil Engineering
Massachusetts Institute of Technology
10
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
2018 GEM UNIVERSITY FELLOWS Name
Fellowship Type
Expected Degree Major
University Signed With
Emmanuel Aire-Oaihimire
GEM University Fellowship
PhD Electrical Engineering
Carnegie Mellon University
Walter Allen
GEM University Fellowship
MS Applied Science
University of Arizona
Cristian Alonso
GEM University Fellowship
MS Aerospace
Cornell University
Zachary Armendariz
GEM University Fellowship
MS Electrical Engineering
Carnegie Mellon University
Delores Baker
GEM University Fellowship
MS Mathematics
University of Alabama - Huntsville
Farielle Brazier
GEM University Fellowship
MS Civil Engineering
Rutger University
Courtland Brown
GEM University Fellowship
MS Electrical Engineering
Carnegie Mellon University
William Brown
GEM University Fellowship
MS Computer Science
Carnegie Mellon University
Daniel Diaz
GEM University Fellowship
MS Chemical Engineering
University of Arizona
Brandon Finger
GEM University Fellowship
MS Computer Science
Carnegie Mellon University
Kamal Fuseini
GEM University Fellowship
MS Electrical Engineering
Carnegie Mellon University
Christopher Guilcapi
GEM University Fellowship
MS Civil Engineering
Columbia University
Alexander Johnson
GEM University Fellowship
MS Computer Science
Carnegie Mellon University
Jadon Long
GEM University Fellowship
MS Aerospace
Johns Hopkins University
Shena Marshall
GEM University Fellowship
MS Chemical Engineering
Carnegie Mellon University
Kentrell Owens
GEM University Fellowship
MS Computer Science
Carnegie Mellon University
Deja Robinson
GEM University Fellowship
MS Biomedical
Carnegie Mellon University
Peter Romero
GEM University Fellowship
MS Material Science
Cornell University
Martial Sawasawa
GEM University Fellowship
MS Electrical Engineering
Carnegie Mellon University
Bryce Smith
GEM University Fellowship
MS Electrical Engineering
Carnegie Mellon University
Ariel Stolz
GEM University Fellowship
MS Mechanical Engineering
Carnegie Mellon University
Zachary White
GEM University Fellowship
MS Aerospace
University of Alabama - Huntsville
Jonathan Wilson
GEM University Fellowship
MS Electrical Engineering
Carnegie Mellon University
Candice Wright
GEM University Fellowship
MS Computer Science
Carnegie Mellon University
Jameelah Young
GEM University Fellowship
MS Applied Science
Johns Hopkins University
2018 GEM SELECTION DATA
12
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
Total 2018 GEM Fellows: 132
GEM Fellows by Program 67% Ph.D. Degrees
Average GPA of GEM Fellows
PROGRAM 33% Master’s Degrees
3.49
3.50
Master’s Degree
Ph.D. Degree
Program
Count
Percentage
Ph.D. Degrees
88
67%
Master’s Degrees
44
33%
GEM Fellows by Gender 58% Male
GEM Fellows by Major Intended Graduate Major
GENDER
Number of Fellows
Average GPA
% of Total Fellows
Aerospace
5
3.51
3.8%
Applied Science
11
3.24
8.3%
Gender
Biomedical Engineering
15
3.37
11.4%
Chemical Engineering
14
3.44
10.6%
Chemistry
3
3.55
2.3%
Civil Engineering
17
3.28
12.9%
Computer Engineering
0
-
-
Computer Science
17
3.41
12.9%
Electrical Engineering
15
3.31
11.4%
Industrial Engineering
4
3.48
3.0%
Material Science
6
3.38
4.5%
Mathematics
5
3.61
3.8%
Mechanical Engineering
15
3.60
11.4%
Ethnicity
Physics
2
3.71
1.5%
Other
3
3.26
2.3%
42% Female
Count
Percentage
Male
77
58%
Female
55
42%
GEM Fellows by Ethnicity 62% African-American/ Black
ETHNICITY
34% Latino/Hispanic 2% Native American/ American Indian 2% Two or more Ethnicities Count
Percentage
African-American/Black
82
62%
Latino Hispanic
44
34%
Native American
3
2%
Two or more Ethnicities
3
2%
GEM 42nd Annual Board Meeting and Conference
September 13-15, 2018 | Sheraton Gateway Los Angeles | Los Angeles, California GEM convened its 2018 Annual Board Meeting and Conference on September 13-15 at the Sheraton Gateway Hotel at LAX in Los Angeles, CA. The conference fulfilled it’s purpose, to engage GEM Representatives in missionforward discussions and take action through voting on strategic items during the board meeting; while prospective and current graduate students attended workshops, participated in a technical presentation competition & poster session, engaged with graduate and post-doc programs during the Graduate Resource, Post-Doc and Employer Fair, and took advantage of networking opportunities with representatives during the opening pre-reception. A highlight of this year’s event was the GEM 2018 Leadership Awards Gala and Reception. honoring those GEM alumni, university and employer leaders and champions that have embodied GEM’s first forty years of achievement toward our mission.
2018 GEM Leadership Awards Gala & Opening Reception The 2018 GEM Leadership Awards Gala honored the leaders and champions of diversity in graduate STEM education, and longstanding partners of GEM and our mission. The Gala, hosted by Gala Chair and GEM Alum, Karolyn Young (Aerospace), also showcased the amazing accomplishments of GEM Alumni who have contributed to GEM students’ success. Attendees gathered prior to the Black Tie Gala for networking, beverages, and reconnection. This fundraising gala also included a donor bid campaign with proceeds to benefit the GEM Fellowship program.
Gala Chair Karolyn Young Principal Director, The Aerospace Corporation
Sponsored by:
Table Sponsors:
14
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
Friday Morning Plenary The Friday breakfast plenary session provided a rousing panel discussion moderated by GEM Chief Executive Office, Brennon Marcano focused on diversity issues in STEM graduate education.
Sponsored by: Brennon Marcano
Sharnnia Artis, PhD
Romayne Botti
Chief Diversity Officer Roundtable A gathering of Chief Diversity Officers and Leadership from the top technical firms and research universities in our nation, this panel discussion highlighted how sponsor companies and universities can maximize methods for recruiting diverse talent and supporting their pursuit of graduate STEM degrees. This roundtable was moderated by event sponsor, Intel’s Vice President in the programmable Solutions Group and General Manager, Ecosystem Development and Operations, Lakecia Gunter. Sponsored by:
Friday Lunch Plenary: Chief Diversity Officer Roundtable Revisited The Friday lunch plenary session, moderated by GEM CEO Brennon Marcano, created an opportunity for attendees to gain insight from various industry and university Chief Diversity Officers and Leadership engaged in the Chief Diversity Officer Roundtable. Brennon Marcano
Ricardo H.R. Castro, PhD
Lakecia Gunter
Student-Focused Programming The National GEM GRAD Lab, sponsored by the Intel Corporation, and Future Faculty and Professionals (FFP) Symposium workshops provided student content focused on leadership and academic success were phenomenal and truly assisted the students on their path of excellence toward attainment of graduate STEM degrees. Additionally, GEM University and Associate Fellows student travel grants to the National FFP Symposium are available thanks to a National Science Foundation grant [Award #1564418]. Sponsored by:
Sponsored by:
gradLab
SM
GEM Alumni Association and Graduate Resource, Post Doc and Employer Fair GEM Alumni Association Reunion and Gala Post Reception GEM Alumni and Gala attendees and sponsors joined the GEM Alumni Association for a post-gala cocktail reception to continue the celebration of GEM champions. The event was sponsored by GEM corporate partner, Acadian Asset Management, LLC. Sponsored by:
2018 Graduate Resource, Post Doc and Employer Fair GEM hosted a graduate, postdoc and employer fair that allowed undergraduate and graduate student attendees to directly interact with University and Employer representatives in attendance on graduate degree and post doc opportunities. Over 40 GEM University and Employer members were present to engage students. Carnegie Mellon University sponsored student professional head shot photos at this year’s event.
16
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
Technical Presentation Competition & Poster Session Sponsored by:
Thirty-one (31) students competed for cash awards in the GEM Technical Presentation Competition, sponsored by the National Renewable Energy Laboratory (NREL). The competition, initially developed to showcase the technical and research assignments of prospective and current GEM Fellows during their summer internship/summer research experiences, has been expanded to showcase all students’ skills in technical writing and presentations. STEM professionals, like all professionals, must possess a welldeveloped ability to communicate, both orally and in writing. The TPC is designed to emphasize the value of an ability to conduct research, engage in a high level of technology and to deliver oral presentations. This year’s winners by category, announced at the awards ceremony sponsored by Corning, Incorporation, are:
Competition Awards Ceremony Sponsored by:
2nd Year PhD and Beyond Level 1st PLACE Wendy-Angela Agata PhD Student University of Virginia
2nd PLACE Ariel Nessl 2018 GEM PhD Fellow University of Southern California Los Alamos National Laboratory
3rd PLACE Ashlee Colbert 2016 GEM PhD Fellow Purdue University
Pictured left to right: Dr. Roderick Jackson (Sponsor Rep, NREL), Weny-Angela Agata, Ariel Nessl, Ashlee Colbert, Dr. Marcus Huggans, (GEM)
Master’s and 1st Year PhD Level 1 PLACE Kevin Nixon 2018 GEM Master’s Fellow Texas A&M University National Renewable Energy Laboratory st
2nd PLACE K’Yal Bannister 2018 GEM Master’s Fellow Carnegie Mellon National Renewable Energy Laboratory
3rd PLACE Christopher Roper 2018 GEM Master’s Fellow Georgia Institute of Technology Los Alamos National Laboratory
Pictured left to right: Dr. Roderick Jackson (Sponsor Rep, NREL), Kevin Nixon (1st Place Winnner), Dr. Marcus Huggans, (GEM)
Poster Session - PhD Over 25 students also participated in the Poster Session, presenting undergraduate, graduate, and fellowship internship-based research to a panel of judges. The winner of the 2018 Poster Session is: Jomar Mendoza GEM Masters Fellow University of Southern California, Northrop Grumman Pictured left to right: Dr. Marcus Huggans (GEM), Jomar Mendoza
THANK YOU TO OUR 2018 CONFERENCE SPONSORS MOTIVATOR
INNOVATOR
ENCOURAGER
EDUCATOR
HERO
SUPPORTER
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
17
FINANCIAL STATEMENTS Years Ended June 30, 2018 and 2017
Independent Auditors’ Report To the Board of Directors National Consortium for Graduate Degrees for Minorities in Engineering and Science, Inc. Alexandria, Virginia We have audited the accompanying financial statements of the National Consortium for Graduate Degrees for Minorities in Engineering and Science, Inc. (GEM), which comprise the statements of financial position as of June 30, 2018 and 2017, and the related statements of activities and cash flows for the years then ended and the related notes to the financial statements. Management’s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditors’ Responsibility Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditors’ judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the
18
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the National Consortium for Graduate Degrees for Minorities in Engineering and Science, Inc. as of June 30, 2018 and 2017, and the changes in its net assets and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.
Oaks, Pennsylvania March 9, 2019
STATEMENTS OF FINANCIAL POSITION June 30, 2018 and 2017
2018
2017
$ 949,452
$ 856,113
134,000
360,562
-
15,815
1,083,452
1,232,490
3,822,012
3,694,142
739,323
763,696
$ 5,644,787
$ 5,690,328
$ 11,207
$-
1,000
1,000
12,500
2,000
850,050
932,903
46,226
44,306
920,983
980,209
286,930
332,906
(290,102)
(120,895)
738,257
637,759
3,988,719
3,860,349
TOTAL NET ASSETS
4,436,874
4,377,213
TOTAL LIABILITIES AND NET ASSETS
$ 5,644,787
$ 5,690,328
ASSETS CURRENT ASSETS Cash and temporary cash investments Membership fees and other receivables Prepaid expenses TOTAL CURRENT ASSETS INVESTMENTS PROPERTY AND EQUIPMENT, net TOTAL ASSETS LIABILITIES AND NET ASSETS CURRENT LIABILITIES Accounts payable Future event donations Unearned membership fees Deferred revenue Current portion of long-term debt TOTAL CURRENT LIABILITIES LONG-TERM DEBT NET ASSETS Unrestricted Undesignated Board-designated Funds functioning as endowment
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
19
STATEMENT OF ACTIVITIES Year Ended June 30, 2018
Unrestricted Board-Designated Undesignated
Funds Other Functioning as Designated Endowment
Designated Fellowships
Totals
REVENUE Contributions Events/conferences Grant revenues Investment income Membership fees Alumni giving Other revenue TOTAL REVENUE AWARDED FELLOWSHIPS, net
$ 2,092,500
$-
$-
$-
$ 2,092,500
453,766
-
-
-
453,766
20,000
-
-
-
20,000
381
-
-
244,363
244,744
373,350
-
-
-
373,350
12,627
-
-
-
12,627
55,800
-
-
-
55,800
3,008,424
-
-
244,363
3,252,787
(1,545,000)
1,545,000
-
-
-
EXPENSES Bank service fees Consulting fees Depreciation Events/conferences Fellowship expenses
-
-
-
7,259
-
-
-
10,352
28,708
-
-
-
28,708
309,151
-
-
-
309,151
-
1,546,502
-
-
1,546,502
8,435
-
-
-
8,435
15,359
-
-
-
15,359
-
-
-
13,993
13,993
Miscellaneous
23,703
-
-
-
23,703
Other benefits
165,288
-
-
-
165,288
3,882
-
-
-
3,882
Insurance Interest expense Investment fees
Postage
7,995
-
-
-
7,995
Professional fees
322,690
-
-
-
322,690
Real estate taxes
9,981
-
-
-
9,981
Printing
Repairs and maintenance Salaries and wages Supplies
16,157
-
-
-
16,157
630,123
-
-
-
630,123
5,061
-
-
-
5,061
Travel
50,420
-
-
-
50,420
Utilities
18,067
-
-
-
18,067
TOTAL EXPENSES
1,632,631
1,546,502
-
13,993
3,193,126
CHANGE IN NET ASSETS
(169,207)
(1,502)
-
230,370
59,661
(120,895)
(18,600)
656,359
3,860,349
4,377,213
-
102,000
-
(102,000)
-
$ (290,102)
$ 81,898
$ 656,359
$ 3,988,719
$ 4,436,874
NET ASSETS AT BEGINNING OF YEAR Board designation of funds functioning as endowment
NET ASSETS AT END OF YEAR See accompanying notes.
20
7,259 10,352
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
STATEMENT OF ACTIVITIES
Year Ended June 30, 2017
Unrestricted Board-Designated Undesignated
Funds Other Functioning as Designated Endowment
Designated Fellowships
Totals
REVENUE Contributions Events/conferences Grant revenues Investment income Membership fees Alumni giving Other revenue TOTAL REVENUE AWARDED FELLOWSHIPS, net
2,092,500
$-
$-
$-
2,092,500
354,134
-
-
-
354,134
-
-
-
-
-
199
-
-
403,503
403,702
346,650
-
-
-
346,650
13,396
-
-
-
13,396
16,579
-
-
-
16,579
2,823,458
-
-
403,503
3,226,961
(1,567,500)
1,567,500
-
-
-
EXPENSES Bank service fees Consulting fees Depreciation Events/conferences Fellowship expenses
7,660
-
-
-
7,660
22,741
-
-
-
22,741
26,161
-
-
-
26,161
291,963
-
-
-
291,963
-
1,790,837
-
-
1,790,837
Insurance
10,240
-
-
-
10,240
Interest expense
17,926
-
-
-
17,926
-
-
-
13,350
13,350
Miscellaneous
14,447
-
-
-
14,447
Other benefits
153,168
-
-
-
153,168
1,630
-
-
-
1,630
Investment fees
Postage
3,391
-
-
-
3,391
Professional fees
79,882
-
-
-
79,882
Real estate taxes
9,182
-
-
-
9,182
Printing
Repairs and maintenance Salaries and wages Supplies
16,519
-
-
-
16,519
646,708
-
-
-
646,708
4,270
-
-
-
4,270
Travel
53,495
-
-
-
53,495
Utilities
15,443
-
-
-
15,443
TOTAL EXPENSES
1,374,826
1,790,837
-
13,350
3,179,013
CHANGE IN NET ASSETS
(118,868)
(223,337)
-
390,153
47,948
702,826
204,737
656,359
3,470,196
5,034,118
-
-
-
-
-
$583,958
$(18,600)
$656,359
$3,860,349
$5,082,066
NET ASSETS AT BEGINNING OF YEAR Board designation of funds functioning as endowment
NET ASSETS AT END OF YEAR See accompanying notes.
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
21
STATEMENT OF CASH FLOWS
Years Ended June 30, 2018 and 2017
2018
2017
CASH FLOWS FROM OPERATING ACTIVITIES
$ 59,661
$ 47,948
28,708
26,161
(79,708)
(319,615)
226,562
338,348
15,815
(15,815)
Accounts payable
11,207
(1,397)
Unearned membership fees
10,500
(23,000)
(82,853)
(98,910)
189,892
(46,280)
(4,335)
(4,271)
102,500
13,350
(150,662)
(83,888)
(52,497)
(74,809)
(44,056)
(41,489)
93,339
(162,578)
856,113
1,018,691
$ 949,452
$ 856,113
$15,359
$17,926
Change in net assets Adjustments to reconcile change in net assets to net cash provided (used) by operating activities Depreciation Unrealized gain on investments (Increase) decrease in Membership fees and other receivables Prepaid expenses Increase (decrease) in
Deferred revenue NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property and equipment Sale of investments Purchase of investments NET CASH PROVIDED BY INVESTING ACTIVITIES CASH FLOWS FROM FINANCING ACTIVITIES Long-term borrowings Principal payments on long-term debt NET INCREASE (DECREASE) IN CASH AND TEMPORARY CASH INVESTMENTS CASH AND TEMPORARY CASH INVESTMENTS AT BEGINNING OF YEAR CASH AND TEMPORARY CASH INVESTMENTS AT END OF YEAR SUPPLEMENTAL DISCLOSURES Cash paid during the year for interest
See accompanying notes.
Cash Check: Cash Per Financial Position Variance
22
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
949,452
NOTES TO FINANCIAL STATEMENTS
June 30, 2018 and 2017
NOTE A ORGANIZATION The National Consortium for Graduate Degrees for Minorities in Engineering and Science, Inc. (GEM) is a separately incorporated notfor-profit organization whose purpose is to provide aid and support to minority students pursuing graduate degrees in the field of engineering and science. Revenue consists of corporate contributions and membership fees from corporate and university members.
NOTE B SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following is a summary of the accounting policies adopted by GEM, which have a significant effect on the financial statements. Basis of Accounting The financial statements have been prepared on the accrual basis of accounting, whereby revenues are recognized when earned and expenses when incurred. Basis of Presentation Under Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 958-225-45, GEM is required to report information regarding its financial position and activities according to three classes of net assets: unrestricted net assets, temporarily restricted net assets and permanently restricted net assets. GEM does not have any restricted net assets. Cash and Temporary Cash Investments Resources invested in money market funds and short-term investments with maturities of three months or less at date of purchase are classified as temporary cash investments. Accounts Receivable Accounts receivable are stated at the amount management expects to collect from outstanding balances. Management provides for probable uncollectible amounts through a provision for bad debt expense and an adjustment to a valuation allowance based on its assessment of the current status of individual accounts. Balances that are still outstanding after management has used reasonable collection efforts are written off through a charge to the valuation allowance and a credit to accounts receivable. At June 30, 2018 and 2017, there was no valuation allowance. Investments Investments in marketable securities with readily determinable fair value and all investments in debt securities are reported at their fair values in the statements of financial position. Unrealized gains (losses) are included in the change in net assets. Property and Equipment Property and equipment are stated at cost less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the assets. The general capitalization policy is that all equipment and other fixed assets costing in excess of $1,000 will be recorded as an asset. Tax Status GEM is a not-for-profit organization as described in Section 501(c)(3) of the Internal Revenue Code and is exempt from federal income taxes on related income pursuant to Section 501(a) of the Internal Revenue Code. Contributions Contributions consist of GEM member sponsorships that are recognized as unrestricted revenues in the period such contributions are received.
Membership Fees Membership fees, which are billed in advance, are recognized as revenue when earned. Unearned fee revenue represents membership fees billed for periods extending beyond year-end. Awarded Fellowships, Net As GEM fellowships are awarded, the amounts associated with each award are transferred to Board-designated net assets. These amounts are net of fellowship offers declined and amounts related to students who have withdrawn from a GEM fellowship program or who have graduated without expending the full designated amounts. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. Date of Management’s Review Management has evaluated subsequent events through May 9, 2019, the date which the financial statements were available to be issued.
NOTE C FINANCIAL INSTRUMENTS AND CONCENTRATIONS OF CREDIT RISK Financial Instruments The carrying values of GEM’s financial instruments approximate their estimated fair values. The following methods and assumptions were used to estimate the fair value of each class of financial instruments: •
Cash and Temporary Cash Investments - The carrying amount approximates fair value due to the short-term maturity of these instruments.
•
Marketable Securities and Investments - The fair value of marketable securities and investments held for investment purposes is based on quoted market prices.
Concentrations of Credit Risk Financial instruments which potentially subject GEM to concentrations of credit risk consist principally of cash and accounts receivable. GEM places its cash with high credit quality institutions. At times, such amounts may be in excess of the FDIC insurance limits. Concentrations of credit risk with respect to trade accounts receivable are generally diversified due to the large number of individuals comprising GEM’s customer base.
NOTE D INVESTMENTS Investments are carried at market. The following summarizes the relationship between cost and carrying values at market value at June 30, 2018 and 2017, and the related investment income included in the statements of activities
2018 Cost
2017 Market
Cost
Market
Mutual Funds Equity
$783,588
$909,070 $1,777,600 $2,410,991
Fixed income
2,317,362
2,912,942
1,275,212
1,283,151
$3,100,950 $3,822,012 $3,052,812 $3,694,142
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
23
NOTES TO FINANCIAL STATEMENTS June 30, 2018 and 2017
NOTE F PROPERTY AND EQUIPMENT
The composition of investment return consists of:
2018 $381
Interest income, cash and cash equivalents
2017 $199
Investment portfolio income
88,166
83,941
Realized gain
76,489
(53)
Unrealized gain
79,708
319,615
$244,744
$403,702
It is GEM’s intent to hold investments for long-term purposes.
Property and equipment consist of the following:
Fixtures and equipment Website Phone and security system equipment Buildings
Accumulated depreciation
NOTE E FAIR VALUE MEASUREMENTS FASB ASC 820-10 establishes a framework for measuring fair value. That framework provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels.
Level 2 inputs are other than quoted market prices that are observable for the asset or liability, either directly or indirectly through market corroboration, for substantially the full term of the financial instrument. Level 3 inputs are unobservable inputs based on GEM’s assumptions used to measure assets and liabilities at fair value. The asset or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. The assets of GEM for which fair values are determined on a recurring basis are summarized as follows: Level 1
2017
MUTUAL FUNDS
172,199
172,199
19,143
19,143
950,983
950,983
1,243,727
1,239,392
(504,404)
(475,696)
$739,323
$7 63,696
2018 $333,156
2017 $377,212
(46,226)
(44,306)
$286,930
$332,906
NOTE G LONG-TERM DEBT
Mortgage payable, interest at 4.25%, monthly payments of $4,952, payable to maturity in November 2024, secured by building Current portion
Future maturities of long-term debt are as follows:
Year Ending June 30,
2019
$ 46,226
2020
48,229
2021
50,319
International equity
$909,070
$958,354
Domestic equity
1,472,737
1,452,637
2022
54,775
Short term fixed inome
203,208
192,438
2023
57,149
Intermediate term fixed income
285,763
261,826
Thereafter
76,458
International bond
382,010
382,010
Domestic bond
503,483
446,877
$3,822,012
$3,694,142
Mutual funds are valued at the net asset value of shares held by GEM at year-end.
24
2017 $97,067
Long-term debt is as follows:
Level 1 inputs are unadjusted quoted prices for identical assets or liabilities in active markets that GEM has the ability to access.
2018
2018 $101,402
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
$333,156
NOTES TO FINANCIAL STATEMENTS
June 30, 2018 and 2017
NOTE H UNRESTRICTED NET ASSETS
NOTE I PROGRAM INFORMATION
The board has committed to the following fellowships:
GEM presently operates the following programs:
2018
2017
M.S. Engineering Fellowship Program
$1,680,000
$971,373
Ph.D. Engineering & Science Fellowship Program
1,680,000
1,236,294
GEM FELLOWSHIPS
Net assets of $738,257 are designated for operations and fellowship expenses by the board. Endowment GEM classifies as endowment net assets (1) the original value of gifts donated to the endowment, (2) the original value of subsequent gifts to the endowment and (3) enhancements or diminishments of the fund from investment income, loss and spending allowance. Return Objectives and Risk Parameters GEM has adopted investment and spending policies for endowment assets that attempt to provide a relatively predictable and growing stream of annual distributions in support of the institution while preserving the long-term, real purchasing power of assets. Strategies Employed for Achieving Objectives To satisfy its long-term rate-of-return objectives, GEM relies on a total return strategy in which investment returns are achieved through both capital appreciation (realized and unrealized) and current yield (interest and dividends). GEM’s current assets allocation for endowment funds is structured to achieve the appropriate level of investment return. Spending Policy and How the Investment Objectives Relate to Spending Policy As of June 30, 2018, GEM’s net asset endowment is invested in a diversified portfolio of equities and fixed assets. GEM intends to use endowment net assets to support operations in accordance with donor stipulations. Each year, the investment committee recommends expenditures based on portfolio growth and earnings. Half of the portfolio earnings, up to 3% of the portfolio value, may be distributed to the general operating accounts of GEM. Endowment expenditures totaled $102,000 for the year ended June 30, 2018. There were no Endowment expenditures during the year ended June 30, 2017.
BEGINNING BALANCE
GEM Ph.D. Engineering Fellowship Program - This program’s objective is to offer post-master’s fellowships to under-represented minority students. Fellowships may be used at any participating GEM member university. Tuition, fees and an academic year stipend are provided, and the students are afforded a summer internship experience before the start of the first academic year under the program. Fellows may also be required to accept a research or teaching assistantship. GEM Ph.D. Science Fellowship Program - The goal of this program is to increase the number of minority students pursuing doctoral degrees in the natural, physical and life sciences (chemistry, physics, mathematics and computer science, as well as the earth, biological and pharmaceutical sciences). Fellowships are portable to any participating GEM member university and include a stipend, tuition and fees, along with an opportunity for a summer internship experience before the start of the first academic year under the program. Fellows may be required to accept a research or teaching assistantship. For the years ended June 30, 2018 and 2017, a GEM employer or university member pays a non-refundable annual membership fee of $2,500 or $5,000, respectively, to belong to the National GEM Consortium. The membership fees and additional contributions are recorded as revenue for the purpose of funding GEM programs and extensions.
NOTE J CLASSIFICATION OF EXPENSES The functional classification of expenses is as follows:
2018
2017
$1,546,502
$1,790,837
849,307
816,469
FUND-RAISING
228,154
195,988
GENERAL AND ADMINISTRATIVE
569,163
375,719
$3,193,126
$3,179,013
PROGRAM EXPENSES Fellowships Program activities
Endowment net assets consist of the following:
2018 $3,860,349
GEM M.S. Engineering Fellowship Program - The objective of the master’s program is to increase the pool of minority M.S. engineering graduates. Each participant is afforded a summer internship experience and a portable academic fellowship of tuition, fees and stipend. Fellows are supported for three semesters or four quarters.
2017 $3,470,196
Contributions Investment gain
244,363
403,503
Investment expenses
(13,993)
(13,350)
Operation expenditures
(102,000)
-
$3,988,719
$3,860,349
ENDING BALANCE
Endowment net assets are designated for the following purposes as of June 30, 2018 and 2017.
Operations
2018 $3,988,719
2017 $3,860,349
NOTE K 401(k) PLAN GEM has a defined contribution plan (i.e., Section 401(k) under the Internal Revenue Code). GEM contributions are discretionary and determined annually by management. The plan also allows employee contributions through salary reduction. GEM’s contributions for the years ended June 30, 2018 and 2017, were $11,272 and $14,407, respectively.
NOTE L PRIOR PERIOD RESTATEMENT The 2017 financial statements have been restated to recognize deferred fellowship contributions from employers received in prior years. The restatement increased deferred revenue at June 30, 2017 and net assets at the beginning of year ending June 30, 2017 $704,853.
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
25
2017-2018 DONOR LIST University Members Arizona State University Auburn University Binghamton University Boston University Brown University California Institute of Technology Carnegie Mellon University Case Western Reserve University Clemson University Colorado School of Mines Columbia University Cornell University Drexel University Duke University Emory University Florida International University Florida State University Georgia Institute of Technology Harvard University Howard University Illinois Institute of Technology Indiana University Iowa State University Johns Hopkins University Louisiana State University Massachusetts Institute of Technology Michigan State University Michigan Technological University Mississippi State University Missouri University of Science and Technology New Jersey Institute of Technology North Carolina A&T State University North Carolina State University Northeastern University Northwestern University Ohio State University Pennsylvania State University Prairie View A&M University Princeton University Purdue University Rensselaer Polytechnic Institute Rice University Rochester Institute of Technology Rutgers University Stanford University Stevens Institute of Technology Stony Brook University Syracuse University Texas A&M University Texas Tech University The City College of New York Tufts University Tulane University Tuskegee University University California Davis University of Alabama University of Alabama, Huntsville
26
University of Arizona University of Arkansas University of California, Berkeley University of California, Irvine University of California, Los Angeles University of California, Merced University of California, Riverside University of California, San Diego University of California, Santa Barbara University of Central Florida University of Chicago University of Colorado Boulder University of Connecticut University of Delaware University of Florida University of Houston University of Illinois at Urbana-Champaign University of Illinois Chicago University of Iowa University of Kansas University of Kentucky University of Louisville University of Maryland, Baltimore County University of Maryland, College Park University of Massachusetts, Amherst University of Michigan University of Minnesota University of Missouri, Columbia University of New Mexico University of Notre Dame University of Oklahoma University of Pennsylvania University of Pittsburgh University of Puerto Rico, Mayaguez Campus University of Rochester University of South Carolina University of South Florida University of Southern California University of Tennessee, Knoxville University of Texas - Austin University of Texas at El Paso University of Virginia University of Washington University of Wisconsin, Madison Vanderbilt University Virginia Polytechnic Institute & State University Washington State University Worcester Polytechnic Institute Yale University
THE NATIONAL CONSORTIUM | 2017-2018 ANNUAL REPORT
Employer Representatives 3M Company Adobe Systems Incorporated Aerospace Corporation Booz Allen Hamiltion Brookhaven National Laboratory Corning Incorporated Draper Laboratory Eaton ExxonMobil Fermi National Accelerator Laboratory Intel Corporation Johns Hopkins University Applied Physics Laboratory Johnson & Johnson
Lawrence Berkeley National Laboratory Lawrence Livermore National Laboratory Lexmark International, Inc. Los Alamos National Laboratory MIT Lincoln Laboratory MITRE Corporation National Renewable Energy Laboratory Northrop Grumman Oak Ridge National Laboratory Pacific Northwest National Laboratory Qualcomm, Inc. Sandia National Laboratories Shell Oil Company
Alumni & General Giving From $1,000 and above Benevity Fund Andrea Hoffman Bruce Lindvall Dr Eric Evans Jeri Isbell Sara Perkovic
From $200 - $999 Network for Good Google Anthony B Will Felicia Becker James H. Garrett Jr Joseph M. Vaughan Romayne Botti Elisabeth Smela PhD Adrian Rodriguez Arzella L. Baker Cecilia (Vega) O’Brien-Lofters Conrad Woody Denise M Nelson John Mogulescu Michael Matthews Walter G. Parker Bernadette A Carter Ernesto Morales-Perea Frank Schimmoller
From $1 - $199 Joan Tafoya Linda Hassan Mitchell Clement Isabella Marcano Adilson Cardoso, PhD Albino Castro Anomalous Chris Sanabria Darryll Pines Jihan Lipinski Jimmy Williams Linda Dunbar-Barnes Martin Romero Nick Killingsworth Pushpa Murthy Sara Hernandez Sharnnia Artis Tori L. Bailey Laura D Stubbs IBM Corporation (1) Amazon Smile Foundation Jami Joyner Jonathan Cagan Ray Woods Ehijele Olumese Bradly Verdant Clarisa Gonzalez-Lenahan Cody Kirk Colette L Flood Lisa Tedesco Ramon Cordies Ernest Kabuye John Villarraga Rusty Beaver Brewery Anderson Prewitt PhD Stephaun Ward Sameer Hamdan
GEM BOARD OF DIRECTORS 2017-2018
CHAIR
Eric D. Evans, PhD Director MIT Lincoln Laboratory
VICE CHAIR
Michael A. Greene Vice President, Software & Services Group, General Manager, System Technologies & Optimization, Intel Corporation
VICE CHAIR
Jeri Isbell Vice President, Human Resources (Retired) Lexmark International, Inc.
Terrence Buck Sr. Inclusion & Diversity Consultant, Human Resources Idaho National Laboratory Marcos Esterman, PhD Assistant Professor, Industrial and Systems Engineering Rochester Institute of Technology Johney B. Green, Jr., PhD – Vice Chair Associate Laboratory Director of Mechanical and Thermal Engineering Sciences National Renewable Energy Laboratory
TREASURER
John “Jack” Lesko, PhD Assoc. Dean of Research & Graduate Studies, College of Engineering Virginia Polytech Inst. & State University
SECRETARY
Bruce Lindvall, PhD Assistant Dean of Graduate Studies, McCormick School of Engineering Northwestern University
Anthony “TJ” Jackson Senior Engineer, Applied Physics Laboratory/Johns Hopkins University
Darryll Pines, PhD Dean, A James Clark School of Engineering University of Maryland
Terry Alford, PhD Professor, School of Materials Department of Electrical Engineering/Ira A Fulton School of Engineering Arizona State University Sharnnia Artis, PhD Assistant Dean & Director of the Center for Diversity in Engineering UC-Irvine Felicia Becker Graduate Professional Program University of Michigan Felicia Benton - Johnson, EdD Director of Diversity & Engineering, Education Outreach Georgia Institute of Technology Romayne Botti Associate Dean for Finance & Operations, College of Engineering Carnegie Mellon University
Alan C. Mingo Vice President, Public Sector IBM Global Business Services Veronica Nelson Executive Director Advancing Minorities’ Interest In Engineering Christine Ortiz, PhD Morris Cohen Professor of Material Science & Engineering Massachusetts Institute of Technology Sara Perkovic, PhD Director, Adobe Research Adobe Frank Schimmoller Chief Operating Officer (Retired) Executive Staff, Office of the Director MIT Lincoln Laboratory Tiffany Simon, EdD Associate Dean, The Fu Foundation School of Engineering and Applied Science Columbia University
Gregory Singleton Director, Engineering Student Services The University of Alabama La’Tonia Stiner-Jones, PhD Assistant Dean of Graduate Programs, College Engineering Ohio State University Mark Vaughn, PhD Technicla Talent Pipelining, Manager Led of Technology, Community Office of STEM Corning Incorporated Sara Xayarath Hernandez Associate Dean for Inclusion and Professional Development, Graduate School Cornell University
GEM STAFF Brennon Marcano CEO Michael D. Smith, D.Eng. Deputy Executive Director Marcus A. Huggans, Ph.D. Senior Director, External Relations Jamie D. Hicks Manager, Accounting & Operations Valerie D. Washington Coordinator, Information Service Antonio Storey Office Administrator
1430 Duke Street Alexandria, VA 22314 703-562-3646 gemfellowship.org info@gemfellowship.org