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Foundry Educational Foundation

Foundry
Educational
Foundation

 

Strategic Plan


Mission Statement

FEF strengthens the metal casting industry by supporting unique partnerships among students, educators and industry, helping today's students become tomorrow's leaders.

Vision Statement

FEF shall be the premier organization that provides support to educators and students to prepare students for participation in metal casting and related industries through support for a wide variety of educational programs.

Goals as defined by the Strategic Plan

To promote the development of educational programs that provide skilled employees who meet the emerging needs of the metal casting industry

Critical Success Factor: Provision of skilled employees that satisfy our industry needs

To strengthen the image of FEF among educational institutions, government, professional societies, customers and supporters

Critical Success Factor: Market research feedback referencing strengthened image

To maximize FEF's internal organizational effectiveness in support of our mission

Critical Success Factor: All tactics accomplished according to schedule and within budget

To utilize a diversified resource base that sustains current operations and supports anticipated future growth

Critical Success Factor: Funding diversification

Results and Accomplishments

Manpower

Significant numbers of FEF graduates have reported employment in the cast metals or related industries. In recent years between 70% - 75% of students who had received an FEF scholarship and reported full-time employment, entered metal casting

Market

Each year FEF students take at least one basic course in cast metals at FEF schools. Since FEF was organized, thousands of students have enrolled in casting courses

Research

Significant research in the cast metals field sponsored by companies, trade and technical associations, and government agencies is placed at FEF schools.

Image

Through the FEF program, the cast metals industry has captured a strong place in higher education.