| The Mission
THE MISSION OF THE LINK FOUNDATION is to perpetuate and enhance the recognized Link legacy of technical leadership and excellence established by the founders in their fields of interest simulation and training, energy resources development and conservation, and ocean engineering and instrumentation while also continuing the support of organizations consistent with the founders’ interests.
History
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| Edwin A. and Marion C. Link |
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THE LINK FOUNDATION was established in 1953 by Edwin A. (1904-1981) and Marion C. (1907-1995) Link. Grants totaling more than $11 million have been awarded to universities, colleges and other non-profit organizations.
Mr. Link was best known for his invention of the first successful flight simulator in 1929. Prior to his death in 1981, he had accumulated more than 27 patents for aeronautics, navigation and oceanographic equipment. Simulators today are used widely for aircraft, spacecraft, ship, surface vehicle and medical training.
As Mr. Link had devoted a major portion of his life to the furthering of aeronautics, The Link Foundation awarded many of its early grants to advance training and education in aeronautics. Aviation medicine fellowships, flight safety seminars and the development of aviation publications for teachers were among the projects supported.
In 1963, the first Link Foundation grant for an ocean engineering fellowship was awarded to the University of Rhode Island. Other oceanographic research grants and fellowships were supported in the 1960s. Through its support to Florida Atlantic University for the first undergraduate ocean engineering program in 1965, the Link Foundation was recognized as one of the University Founders.
In 1973, the Link Foundation established the Albert D. Stover/E. Clayton Link Fund. Income from this fund is used for scholarships and research programs for young pioneers interested in the further development of the oceans. A similar fund is used to support scholarships, internships and post-graduate student research at Harbor Branch Oceanographic Institution at Florida Atlantic University.
A major program of fellowships in the area of energy research and conservation was established in 1983. The field of energy and its optimum usage had been Mr. Link’s last scientific thought and interest. In 1989, a graduate fellowship in simulation research was awarded to the University of Michigan. In 1990, an annual fellowship program in advanced simulation and training was established. In 1998, a fellowship program in ocean engineering and instrumentation was implemented.
Administration
THE LINK FOUNDATION is governed by a board of trustees selected on the basis of their professional experience. The board meets twice a year to determine policy and approve grants.
The foundation’s investment portfolio is managed by Chemung Canal Trust Company and the Commonfund, under investment guidelines issued by the trustees. Guidelines are reviewed annually, or more frequently if either internal or external financial conditions warrant.
The tax return of the foundation also serves as its annual report. It is prepared by an independent accounting firm along with an annual financial statement. Reports are not distributed externally (except as required by the Internal Revenue Service), but the foundation’s current 990-PF tax return is available on the .
Board of Trustees
David M. Gouldin, Chair
Douglas R. Johnson, Treasurer
Dr. Thomas F. Kelly, Secretary
Jon E. Forbes
Dr. Andrew Clark
Revised 8/09
Special Advisors
Michael E. Augustine
Frank M. Cardullo
David Gdovin
Jimmie Anne Haisley
Robert Hansen
Marilyn C. Link
Lee Lynd
Stuart McCarty
Richard W. Murray
Brian J. Thompson
Donna F. Wilt
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