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In this Issue: ·
Donor Spotlight -
GE Commercial Finance Contact
the Foundation: Lisa A. Levine, CAE © Copyright 2004, Equipment Leasing and
Finance Foundation. |
A Message From the Executive Director
To
date, we have exceeded our fundraising goals by $32,000 in donations and have
been receiving glowing reports on the Foundation products and volunteer
efforts. The Foundation is 100 percent donor-supported. Won’t you join
us? Donate today or participate on a Foundation committee. We have exciting
plans for 2005, including the launch of our
online library and planning new
research studies. We look forward to your participation with the
Foundation in 2005. Lisa
A. Levine, CAE At October’s Equipment Leasing Association
Convention, the Equipment Leasing and Finance Foundation recognized donors
and celebrated a successful year in a special awards ceremony. James
Renner, Wells Fargo Equipment Finance, outgoing Chairman of the Foundation,
told attendees, "The year 2004 has been a great year for the Foundation.
This year, we set $300,000 as our annual fundraising goal. I am pleased to
announce that the Foundation has reached and exceeded that goal, and 2004
contributions totaled $332,000.” Read More:
Jim
Renner, Chairman of the Foundation, said, “Possehl has worked very hard
on this Board for the last three years, and during his previous service on
the Foundation Board.” Read More:
"I
know I leave the Foundation in very capable hands, with an excellent Board of
Trustees and strong chairman," said Renner, as he introduced his
successor as Chairman, Read More: Web Conference on 2004 State of the
Industry Report Showed Continued Improvement, Need for Lessors to Redefine
Their
An
overview of the report findings indicated that while leasing volume and
penetration declined in 2003, the industry expects improvements in 2004 and
2005. Read More:
Read More: GE Commercial Finance recently announced that it will
make a large donation over the next three years to the Foundation. “As
an industry leader with financial wherewithal to support industry, it’s
important for us to step up and support the Foundation,” said James
Ambrose, Global General Manager, Equipment Finance for GE Healthcare
Financial Services. “The Foundation provides GE a great external view
of our marketplaces and provides great benchmarking data of how we are
doing.” Read More: Foundation library is now a live, e-commerce site,
allowing users to purchase research studies and surveys directly from the
Foundation Web site. New studies have been recently added to the Foundation
library, including the 2004 State of the Industry Report, Indicators of
Success, Capital Adequacy Study, Forecasting Quality and the most recent
issue of the Journal of Equipment Lease Financing. Many other resources,
articles, research and studies on the equipment lease and finance industry
are available from the new library. Read More: The Foundation Board of Trustees met recently to discuss
the 2005 research agenda, identifying projects and studies the Foundation
will fund in the coming year. Topics approved include securitization, why
diversity ensures success, the lease product brand, lessons learned from past
leasing cycles, the China market, challenges in implementing SOX and the
Patriot Act, quality issues, municipal, healthcare and transportation
leasing, creating business differentiation, and more Basel II topics. Read More:
The Equipment Lease and Finance Foundation has
facilitated and distributed dozens of research reports over the years. One
hundred percent donor-supported, the Foundation relies on financial
contributions from industry stakeholders. Donations to the Foundation are
tax-deductible and contribute to the overall health of the industry. Donors
automatically receive new research studies and reports, free, in advance of
their public announcement. Donors also receive a donor code to use in place
of payment information when accessing studies through the Foundation library.
Join the list of our distinguished donors.
· On January 25-26, the 2005
invitation-only Industry Future Council will meet at the Mandarin Oriental
Hotel, Washington, DC · The Journal of Equipment Lease
Finance Editorial Review Board (ERB) will meet in May 2005 in · A special Webinar on the new
Basel II study, Capital Adequacy; Is Your Company Prepared For · Research ideas are always
welcome. If you have an idea for a paper or study, please contact Lisa Levine
at llevine@elamail.com · Deadlines for submitting
research proposal are January 15, May 15, and September 1, annually. Proposal
submission information is available at: http://www.leasefoundation.org/grant/
The Equipment Leasing and Finance Foundation is the only
non-profit organization that provides vision for the equipment leasing and
finance industry through future-focused information and research. Visit our
website, www.leasefoundation.org
for more information. |
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