Started in 1982 as the Sam Agnello Memorial Education Fund, the BioCommunications Association has an established endowment fund, which is used to fund educational projects. It incorporates a portion of the former Bernard Friedman Foundation, which was established to support microscopy. This fund is known as the Endowment Fund for Education (EFFE).
The objectives of EFFE are to promote and assist study and research in the field of biological communication by the application of scholarship and grants for such purposes, and to promote the Association as a key source of opportunities for the study and research of visual communication media in the life sciences.
EFFE promotes and assists study and research in the field of biological communication by providing financial support to projects and scholarships approved by the EFFE governing committee.
The EFFE Committee evaluates the completed applications received within the annual deadline and makes awards based on merit and the availability of funds. These funds are generated from the interest earned from investment of the EFFE principal sum in several financial instruments, most of which are mutual stock funds. A majority of the fund is derived from the generous contributions of BCA members. EFFE funds can only be used for approved educational projects. They can never be used for the operating expenses of the Association. EFFE funds are completely separate from the general operating funds of the BCA.
EFFE Grants are awarded annually based on merit and the availability of funds.
BIOCOMM Educational Grants are awarded annually. The objective of this grant is to assist with financial support of BCA members who do not receive funding support from their institution to participate in BCA educational conferences.