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Executive Director's Newsletter - May 2016
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This time of year stirs familiar feelings in me. In many ways spring and all of the preparation for our Schoolship season feels like the first day of school. I had the opportunity to experience many first days and the pride associated with making a positive difference in this world. As we contemplate our 28th Schoolship season, Inland Seas is swelling with pride. The work we do is making a positive difference in the long-term health of our lakes and the lives of the young people we inspire. I hope you take a minute to relish in this feeling of pride because this life changing experience wouldn’t be possible without you.

In this newsletter:
  • Dow Challenge success!
  • 2016 Schoolship season
  • Manitou update
  • 2016 membership drive
  • Tom Kelly receives Owen Bahle award

Victorious!


ISEA is proud to announce that with your support we have been successful with the $75,000 challenge grant through The Herbert H. and Grace A. Dow Foundation. While the challenge period isn’t officially over until May 15th, ISEA has already raised $76,135 from 268 new donors. We are certainly appreciative of this influx of cash, but the true value of this challenge grant was engaging 268 new individuals in the important work that Inland Seas Education Association is doing. Inland Seas has our sights set on some very big and exciting things and your continued support is greatly appreciated. We would not have been successful with this challenge grant without your help and support.
 

Our 2016 Schoolship season is underway!

ISEA has been conducting a wide variety of volunteer training for the last 10 weeks with our final “wet runs” occurring this week on-board the schooner Inland Seas. A “wet run” is ISEA’s version of a dress rehearsal where volunteers run through the entire program on-board the ship just as we would with students, with the obvious difference being that there aren’t actually students on-board. This is a great chance to work out any last minute bugs so that we provide the best program possible to the schools.
 
We welcome our first students aboard both the Inland Seas and the Manitou next week and are looking forward to a wonderful season. If you are interested in what students are learning aboard the Schoolship today, I would encourage you to check out the wonderful station guides as they are concise descriptions of what is being taught at each of the learning stations.

Manitou Update

 
Last November I wrote a special Executive Director’s Newsletter focusing on the 10 reasons that ISEA should investigate purchasing the Manitou. This newsletter was mailed to households and I have enjoyed the positive comments as a result of the announcement. If fact, I’ve heard from many individuals since this time with quite a few people assuming that we have already purchased this incredible ship. Because this is such an important long-term planning item for ISEA, I thought it would be appropriate to provide an update today.
 
ISEA has not purchased the Manitou yet, but we are moving forward with our intention to purchase the ship. This is a process that will take time as there are many things to consider, not the least of which is the need to raise the money necessary to purchase such an asset. Our current estimates place an eventual purchase date of January 2019.
 
One of the most important first steps will occur on May 16th as an appraisal/valuation will be conducted on the Manitou by one of the leading surveyors in the tall ship industry. This will be important as it will provide a sound judgment on the condition and value of the Manitou.
 
Once we have the ship appraised, we will turn our attention to contracting with an accounting firm to provide a valuation for the Traverse Tall Ship Company including a professional valuation of any goodwill and future revenue generating capabilities of the business.
 
The combination of an appraised value for the ship and a valuation of the business will be utilized to guide the next steps in this process. These are indeed exciting times for ISEA, but anytime we do something as big as this, due diligence will be exercised and due diligence takes time. I’ll keep you updated throughout the process.

2016 Membership Drive

Many of you have likely received a renewal notice for your ISEA membership recently. If this renewal notice didn’t make it to you or it was misplaced, we encourage you to check out the membership options available to you through our website.
 
We are not born stewards of the Great Lakes, we are taught to appreciate, love, and protect them. Inland Seas Education Association utilizes your membership contributions to provide hands-on shipboard and onshore educational programs to bring youth and adults one step closer to stewardship of these great lakes. We have ensured that every membership level has the opportunity to directly sponsor student programs and believe that we have included some unique membership benefits to you at each level.
 
If you have not chosen membership as an option when donating to ISEA, please visit our website to learn more about the membership program at ISEA and consider joining.
Join Now

Tom Kelly Receiving Owen Bahle Award
for Service

The Suttons Bay/Leelanau County Rotary Club is looking forward to remembering and honoring Tom Kelly by awarding him its seventh annual Owen Bahle Award for Service. This award will be made at a dinner event at the Leland Lodge on Friday, June 10th beginning at 5:30 pm with dinner being served at 6:30 pm. If you are interested in attending this event, tickets are for sale at Inland Seas or Bahle’s for $50.
 
Copyright © 2016 Inland Seas Education Association, All rights reserved.


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