Annual Report 2007-08 - The Westminster Schools

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A Le t t e r f r o m Bill Cl a r k s o n In the pages that follow, you will read the names of donors, study the list of endowment funds that support the school, review the financial statement for the fiscal year, and examine the results that combined to make the 2007-08 school year another remarkable year in the giving history of The Westminster Schools. Overall, the school raised $17.2 million in cash from gifts directed for current operations through annual giving (now known as Th e West m i nst er Fu n d), funds credited to capital projects, and dollars added to our endowment. This is a magnificent achievement and I hope you will share in my sense of pride and accomplishment. Our $100 million comprehensive campaign, Teaching for Tomorrow, has just completed the second year of its “public phase,” and I could not be more thrilled with its progress. To date, we have raised $71.2 million toward our campaign objectives by June 2010. These gifts are already having an impact on the school by enabling us to raise faculty salaries, provide more opportunities for faculty to work on advanced degrees, address the question of higher demand for financial aid, and offer opportunities for travel/study abroad for students and faculty. Annual giving plays a key role in Teaching for Tomorrow, as it aims to fulfill 17.8 percent of the $100 million goal. This year, annual giving experienced record- breaking success under the leadership of Mike Egan ’74 as the school received $3.3 million to support the annual operating budget. The overall success of 2007-08 annual giving is due in large part to the numerous volunteers who worked diligently to generate this amazing level of support. Our alumni, led by Bruce Durkee ’72, set all-time records in giving. Frank and Amelia Bennett, our Parent Fund Chairs, led a wonderfully talented, energetic, and dedicated team of volunteers. As significant, Reid ’79 and Stacy Stormont ’79 Freeman, Past Parent Chairs, and Anne and David Boyd and Charlie and Harriet Shaffer, Grandparent Co-Chairs, raised impressive totals. Bill Clarkson President It is through these generous gifts from our constituents that we are able to provide our students with excellent resources through which they can not only hone their academic skills, but also their extracurricular passions. One such resource is W.I.S.E, Westminster’s Institute for Science Education, which has experienced significant growth since its inception a year ago. The Institute provides Westminster’s students with an entirely new perspective through which to view science. In particular, it has given students advanced opportunities to study robotics through the newly established elementary, junior high, and high school teams. These unique opportunities are made possible by the ongoing support of the Westminster community. As I have stated in the past, our commitment to the whole child remains strong and vibrant. Your ongoing generosity enables us to support our students in ways that will prepare them solidly as they continue beyond their time at Westminster. Thank you for all you do in allowing us to provide a one-of-a-kind educational experience for our students, and to continue offering standards of excellence and leadership in education on a national level. 2 The Westminster Schools
Once again, The Westminster Schools has been blessed by the extraordinary level of support demonstrated by its alumni, parents, and friends. This Annual Report formally acknowledges the very generous financial contributions made to the school over the past year. On behalf of the Board of Trustees, I thank you for your exceptionally gracious support of our school. A Le t t e r f r o m De n n i s Lo v e During this past year, Westminster entered the final stage of the Teaching for Tomorrow campaign, the comprehensive initiative that seeks to enhance the physical, financial, and human resources to assure Westminster will continue to be a national leader in secondary education. This campaign has already far exceeded any previous campaign for Westminster by raising commitments of $57 million in capital and $14 million in annual support, for a total of over $71 million toward our goal of $100 million. We are exceedingly grateful to Scott Hawkins, Glenn Warren ’77, and Susan Shanor for their leadership of the National Campaign Committee, as well as to Mike Egan ’74 who headed annual giving (now The Westminster Fund) this past year. Those donations have already been put to good use through fulfilling needs like a new junior high school facility, endowed teaching positions for senior faculty, improved opportunities for the development of teaching skills, and enhanced scholarships for financial aid. Every dollar raised during this campaign will be put to work to improve the ability of our extraordinary faculty to deliver the highest caliber educational experience for our students. As we approach the end of the campaign in 2010, we will be counting on the support of families who have not yet had the opportunity to make a special commitment to the future of our school. Over this past year, President Bill Clarkson and the outstanding team from the Office for Institutional Advancement, along with some of our incredible educators like High School Principal Jessica Bagby, have worked tirelessly to raise awareness of and build support for the campaign’s objectives, particularly among our parents. Bill and his staff, with the help of a committed group of parent volunteers, have attended literally dozens of “Campaign Coffees” hosted at the volunteers’ homes to discuss the campaign with small groups of potential donors. As a result, support for Teaching for Tomorrow has expanded rapidly this year across the wider Westminster community, support that we will need to continue to enhance in order to reach our ultimate goal. We are all intensely aware that the economic environment in our nation has deteriorated in recent months. Financial pressures have become more acute for virtually all families and institutions, including Westminster and other nonprofits, so good stewardship of supporters’ contributions is more important than ever. I can personally assure you that Westminster’s leadership is focused intently on making certain that every donated dollar is used to the greatest benefit of our school’s students and faculty. Dennis Love ’74 Chairman, Board of Trustees Again, we are grateful for all you have done and, I know, will continue to do to support our efforts to offer the finest possible secondary educational experience to our students and their families. www.westminster.net 3
Page 1 and 2: Annual Report 2007-08 The Westminst
Page 3: Michael Perry P ’08 Vice Presiden
Page 7 and 8: 2007-08 Nat i o na l Ca m pa i g n
Page 9 and 10: Annual Fund Chair Mike Egan ’74 A
Page 11 and 12: Historically, the Pressly Leadershi
Page 13 and 14: Why I Give... Wes t m i n s t e r A
Page 15 and 16: 1960 Bo y s Agent: Ed Croft Partici
Page 17 and 18: Sally Fowler Parrott H Tinsley Swan
Page 19 and 20: Carolyn Black Volk W Laurie Wilder
Page 21 and 22: Why I Give... Wab Kadaba ’87 Wab
Page 23 and 24: Meryl Ann Franco Amy Huston Goetze
Page 25 and 26: A. Katherine Desmond Emily Hill Fer
Page 27 and 28: Why We Give... Taylor Hudson ’02
Page 29 and 30: 2007-08 Reu n i o n To ta l s 2007-
Page 31 and 32: Why I Give... Wa s h i n g t o n Se
Page 33 and 34: Why We Give... Jim Shelton ’79 an
Page 35 and 36: Mr. and Mrs. Eric M. Lee W Dr. and
Page 37 and 38: Daphne and Bob Williams Dr. Ifor R.
Page 39 and 40: Wes t m i n s t e r Fa c u lt y a n
Page 41 and 42: Wes t m i n s t e r Gr a n d pa r e
Page 43 and 44: Past Parents Madeline and Howell E.
Page 45 and 46: Mr. and Mrs. Timothy S. Perry Mr. a
Page 47 and 48: Fo u n dat i o n s a n d Co r p o r
Page 49 and 50: Glenn Candler Fuller ’59 Mr. and
Page 51 and 52: Laura Arledge Mr. and Mrs. Henry C.
Page 53 and 54: Freddy W. Martin Mr. Austin W. Dalb
Page 55 and 56:
Ca p i ta l Su p p o r t Anonymous
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Fa c u lt y a n d Sta ff Aw a r d s
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Th e Co r n e r s to n e So c i e t
Page 61 and 62:
$ 250,000,000 $ 200,000,000 $178,43
Page 63 and 64:
Tucker Endowed Scholarship Fund Tul
Page 65 and 66:
The Annual Report is published annu
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Annual Report 2007-08 - The Westminster Schools

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