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Foundation

The Foundation of the National Automatic Merchandising Association

The Foundation was established in 1982 as a separate entity with its own Board of appointed Directors. The Foundation was formed exclusively for charitable, educational and scientific purposes and to provide public information regarding the vending, OCS and food services industries.

The Foundation works to assist in improving the IMAGE of vending internally and in the eyes of the general public. Special projects over the years have included sponsorship of industry and consumer research studies culminating with the Hudson Report in 1998. The Foundation is funded by grants from industry companies as well as member contributions.

The NAMA Endowed Professorship

In 1999 the Foundation is embarked on a major initiative - an "Endowed Professorship" at The School of Hospitality Business in the Eli Broad College of Business, Michigan State University (MSU). The MSU Hospitality Program is arguably ranked number 1 or 2 in the United States. The faculty is among the most honored and influential in the world and are sought after as industry consultants.

The NAMA Endowed Professor will teach vending courses, foster practical research addressing critical vending industry issues and assist NAMA efforts in educating industry managers, executives and owners. Specific benefits to our industry include:

Raise the visibility of NAMA and promote the vending industry.
Design executive development courses.
Initiate a "Better Business Strategic Summit" for operators, manufactures and suppliers.
Teach undergraduate and graduate courses.
Coordinate an annual NAMA Lecture Series.
Research ways to "de-commodotize" products and increase value.
Research strategies to better understand the marketplace and identify new markets.
Research technology issues and offer solutions.
Publish practical research findings.
Established internship opportunities with NAMA members.
Serve on NAMA committees and task forces.
Advise and assist in upgrading NAMA educational materials and cirriculum design.
Provide NAMA member access to expertise in Hospitality Business, Supply.
Chain Management, Executive Development and Career Planning and Placement.

In short MSU will assist NAMA in taking the vending and foodservice industry into the next century, improve the image of the industry overall, educate the industry, raise awareness and benefits of the industry, prepare the next generation of vending leaders and help to increase membership in NAMA.

We Need Your Support

The Foundation has committed $500,000 to create this prestigious NAMA Endowed Professorship. We are currently accepting donations and will be actively soliciting your support over the next several months to raise the funds necessary to ensure a successful NAMA Endowed Professorship program. Contact Dan Mathews, NAMA Executive Vice President, for information on how you can "help NAMA help you and our Industry." Call 312-346-0370 today.

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