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Gav
-22nd January 2013, 10:50
http://www.fie.org/en/news/specialized-endowment-fund-to-support-veterans-fencing-created-0-2898



Specialized Endowment Fund to Support Veterans Fencing Created

Mr. Alisher Usmanov, FIE President, announced that a “Specialized Endowment Fund to Support Veterans Fencing” has been created. The Fund is capitalized with USD 10 000 000, the amount allocated by the International Charity Fund For the Future of Fencing and donated by Mr. A. Usmanov, who has become the Fund’s Trustee.

To prepare recommendations and proposals as to how revenues from its special-purpose capital will be used, the Fund formed the Council with Max Geuter, Mark Rakita and Julius Kralik as its members.

Beginning in February 2014, the Fund’s revenue will be used to finance various projects to render veteran fencers material support and develop veteran fencing on the whole. Before that time, the FIE Veterans Council and the Fund’s Council will have to define the appropriate needs and outline a way forward.

The creation of the Fund reflects the importance of veteran fencing for the world-wide development of our sport, which is for all age groups. The material support of veteran fencers and appropriate sport events will enable us to further develop fencing values and traditions.
Discuss.

coach carson
-22nd January 2013, 10:57
We're worth it.

Vicomte_de_Bragelonne
-22nd January 2013, 11:03
We're worth it.

Seconded!

J_D
-22nd January 2013, 12:39
nearly fell off my chair!

munkey
-22nd January 2013, 23:03
Veterans, by FIE terms, is 50+ I believe. So I'm clearly not remotely interested yet but it will be interesting to see what this fund is used for.

marg
-23rd January 2013, 06:02
I am delighted to read this. Couldn't quite believe what I was reading and had to read it twice . At last some recognition of Veteran's fencing as an important group worthy of funding. Maybe the image of just a bunch of old enthusiasts having a go might gradually dissappear.

Gav
-23rd January 2013, 08:13
I'm speculating that Usmanov is interested in starting a Tennis Masters style event.

You know the one with the old duffers wheezing around being entertaining!

max
-23rd January 2013, 08:52
Defibrillators at every comp, perhaps?

nurrycat
-23rd January 2013, 12:15
I am delighted to read this. Couldn't quite believe what I was reading and had to read it twice . At last some recognition of Veteran's fencing as an important group worthy of funding. Maybe the image of just a bunch of old enthusiasts having a go might gradually dissappear.

If you are who I think you are then anybody of that opinion who has ever seen you fence would change their minds quick smart.

If anyone of that opionion hasn't seen you fence then I think they should. Might wake them up a bit.