We are an organization of like-minded people who wish to contribute for the welfare of the USTC as well as the entire alumni community. USTCAF is a non-profit, non-partisan organization registered in Delaware, USA. It is also an IRS 501(c)(3) organization with tax-exemption status. All donations are thus tax-deductable.
USTCAF is managed by a Governing Board (GB) elected by all USTCAF members. An election is held every year in October. All GB members are volunteers without pay.
We are not an organization of “a few rich men.” The median contribution amount per donor is $110.We appreciate small contributions as much as large ones.
Thanks to the participation of more and more enthusiastic alumni, AF grows steadily since it was founded on June 20, 1995. Since then, we received over $1.8 million from more than 3000 alumni and friends. In 2008, the donation amount is over $400K. The AF is actively seeking ideas on new programs to put the fund to good use.
The foundation’s expense/donation ratio is 0.6% since inception. Recently, most of the expenses were incurred by the fee during credit card donations. We also provide full transparency of our operations.
Although USTC act as the intermediary for our awards, no overhead is taken by the school. In fact, USTC put up matching fund to match many of USTCAF awards. The entire amount of the awards goes to the recipients.
Goodwill Fellowship (Need-Based)
USTC Outstanding New Student Scholarship
USTC Excellent New Student Scholarship
USTC Special Class for the Gifted Young New Student Scholarship
USTC SIST New Student Scholarship
USTC Department of Computer Science New Student Scholarship
USTC Department of Math New Student Scholarship
Yang Ya Scholarship
USTC High School Student Scholarship
862 Scholarship (For physics students and faculty)
Young Faculty Achievement Award
USTC Young Faculty Career Award
USTC Faculty Teaching Excellence Award
Ping Fan Faculty Teaching Excellence Award
(And More, Please check with USTCAF for a full list of current awards)