Leaving a Legacy by Building Tomorrow's Leaders Today
The mission of the MTI Educational Foundation, a 501(c)(3) charitable organization, is to support education, research, professional development programs, publications, public relations efforts, and any other activities proposed by the Metal Treating Institute and allied organizations for the advancement of the heat treating profession, its workforce, and the industry it serves.
The MTI Educational Foundation has two funds for you to give to:
Industry Innovation Fund: These funds are used for current projects that may be approved, or any scholarships that have been offered.
Endowment Fund: This is the Foundation's sustainability fund. This money is never touched, and is used solely to earn income for the Foundation's Industry Innovation Fund.
MTI Educational Foundation Scholarship Application - NOW OPEN
The MTI Educational Foundation Board of Directors will approve scholarships to be distributed at the end of Summer 2018. Following are the current criteria, and scholarship application for candidates and completion.
Full Information and Criteria for Scholarships: CLICK HERE
Online Scholarship Application: CLICK HERE
- NOTE: To complete your application, you will need a digital copy of your latest high school or college transcripts, copy of acceptance letter to your college, and two (2) letters of recommendations. You will be asked to upload these documents in the online form.
DEADLINE FOR APPLICATIONS: July 31, 2018
MTI Educational General Information
Foundation Brochure: CLICK HERE
Foundation Board of Directors: CLICK HERE
Two Donation Options:
MTI Educational Foundation Vision
The vision of the MTI Foundation is, through consistent analysis by the Foundation Board, to provide funding for programs and events that help further the advancement of:
Cutting edge technology and content to provide education and training world-wide in the heat treat community.
Young people entering the heat treat industry.
Programs, services, and initiatives offered by the Metal Treating Institute.
Developing a skilled workforce by working with affiliate organizations.
Collaboration with other organizations to enhance the awareness within the college, university, and vocational/technical schools of the career opportunities and advancements that exist in the heat treating industry.
Foundation Frequently Asked Questions
Is the MTI Educational Foundation a Corporation?
Yes, the MTI Educational Foundation is a Florida non-profit corporation filed with the Internal Revenue Service. The Foundation is governed by a six (6) member Board of Trustees from the Metal Treating Institute, under an approved set of Articles of Incorporation and By-Laws.
Are my contributions tax deductible? Yes, the MTI Educational Foundation is a 501(c)(3) charitable organization, operating under the rules and regulations of the Internal Revenue Service making 100% of your donations tax deductible.
To what type of projects can I donate?
Option 1: Donate to the Industry Innovation Fund. These donations go toward current projects being funded in the areas of education and training.
Option 2: Donate toward the MTI Endowment Fund. The MTI Endowment Fund is made up of gifts and bequests that are subject to a requirement that the principal be maintained intact and invested to create a source of income for MTI’s current projects. Donors may require that the principal remain intact in perpetuity, or for a defined period of time. The endowment fund will make a contribution of up to 5% of its assets each year to help fund current MTI Educational Foundation projects.
How are the funds invested and who is in charge of managing those funds?
The funds of the MTI Educational Foundation are managed through an investment policy approved by the Foundation Board of Trustees in consultation with MTI’s Endorsed Financial Services Consultant.
How are decisions made to fund projects?
The Foundation requires any organization to make a full proposal and request in writing outlining its mission, goal, operations of its project, and the measurement used to determine success. Foundation Trustees will consider any open requests for funding at their regularly scheduled meetings.
How do I make a contribution to the MTI Educational Foundation?
- You can make online contributions by CLICKING HERE.
- You can make contributions by downloading our printed donation form by CLICKING HERE.
MTI will follow up with any necessary forms and receipts to document your gift and tax deduction. If you have any questions or want more information regarding the MTI Educational Foundation, contact our offices at 904-249-0448.