Schells MakeHistoric Gift inSupport ofFinancial Aid7-figure endowed fund is largest inschool’s historyby Ruth KeysoTrustee Mike Schell ’65 likes to be at the front of the pack.One of the earliest donors to the Campaign for LFA, Mikeand his wife, Kathy, helped set the pace for the <strong>Academy</strong>’srecord-breaking fundraising initiative and serve as an examplefor others to follow.In February 2005, Mike and Kathy were approached byformer Board Chair Rich Jaros ’70 and Head of School JohnStrudwick to make a lead gift in support of the campaign.The Schells graciously committed to an unrestricted gift,which they later directed toward financial aid. The Schell-O’Connor Family Scholarship Fund is the first 7-figure endowedscholarship in LFA history. Kathy’s family suppliesthe O’Connor half of the scholarship fund name.“We wanted to help talented and capable youngsters whootherwise wouldn’t have access to educational opportunities,such as those at the <strong>Academy</strong>,” says Mike. “We’ve been fortunatein our life and want to give back, to make sure intelligentand talented kids don’t get lost in the system but havean opportunity to make a go at the world.”• • •The Schells weren’t always so close to LFA. For years after hegraduated in 1965, Mike supported the <strong>Academy</strong> Fund andattended alumni events occasionally, but wasn’t connected tothe day-to-day operation of the school. Things changed in2001. After attending an LFA reception in New York Cityand learning about the direction the school was moving in,Mike’s interest in the <strong>Academy</strong> swelled. His subsequent serv-Kathy and Mike Schell ’65The Schell-O’Connor FamilyScholarship Fund is the first 7-figureendowed scholarship in LFA history.ice on the board solidified his involvement. Mike and Kathyview their gift to LFA as an investment.“We’re supporters of education—our own schools and ourchildren’s schools. We felt LFA was a good place to invest; itmade a lot of sense,” Mike says.“I go way back with LFA. I remember my pre-admission interview on the old campus. Reid Hall wasstill smoldering from the fire that ravaged the school. I was in the first group of boys to go over tothe new campus. I remember cutting the grass there and helping to build a football field. That was atough point in the school’s history; to see the growth the <strong>Academy</strong> has experienced since that timeis phenomenal. Through my gifts I hope to encourage that growth. The <strong>Academy</strong> has developed intoa major institution, from a minor one. LFA is global and addresses education in a proper way—smallclass sizes and a curriculum that is current.”—Howard Dubin ’50, Evanston, ILAnnual fund and campaign supporter4 <strong>Update</strong> February <strong>2013</strong>
The Schells have watched the <strong>Academy</strong> transform in the pastdecade, both physically and philosophically. When Mikejoined the board in 2001, the school had a strong faculty, adiverse profile, and exciting new leadership under the Strudwicks,he recalls. But this was coupled with a modest endowmentand a sorely lacking physical plant. When the schoolannounced its comprehensive capital campaign in 2005,alumni, parents, and friends rallied in support of the schooland its vision for an improved and enhanced campus andprogramming. The Campaign for LFA is on track to raise$60 million before its conclusion in June 2014.The Schells are pleased to be a part of this success. They saythe institution is a “shining example” of a place that cre-Ways to Support the EndowmentEndowment dollars keep the <strong>Academy</strong> strong and vibrant, both now and into the future. The endowment is thebackbone of the school’s financial structure, supporting every element of <strong>Academy</strong> life—financial aid, academicprogramming, faculty professional development. Donors can make a gift to the endowment in support of a favoritefaculty member, in honor of an alumnus/a, or in memory of someone special who has passed. Endowmentdollars grow in perpetuity, ensuring that the <strong>Academy</strong> is provided for, long into the future. A gift to the endowmentis a meaningful and powerful way to illustrate one’s support for—and commitment to—<strong>Lake</strong> <strong>Forest</strong> <strong>Academy</strong>.www.lfanet.org/endowment • Ruth Keyso: (847) 615-3268 • rkeyso@lfanet.orgates opportunities for deserving young people and helps themgrow up to become citizens of the world.“I feel proud to be an alumnus of LFA,” says Mike.Mike ’65 and Kathy Schell live in New York Cityand Chatham, Mass. nThe following list includes existingand newly created endowed fundsat LFA (items in boldface wereestablished during the Campaignfor LFA).FACULTY CHAIRS• Sidney E. Ainsworth Chairin Mathematics• Dr. Ray Bird Master Chairin English• Harold J. Corbin Jr. Chairin Environmental Science• A. John Huss Jr. ’58 and RuthS. Huss Chair in Humanities• Edmund J. Rendtorff Chairin ScienceSCHOLARSHIPS AND OTHERENDOWED FUNDS• Alumni Award for TeachingExcellence• Raymond Delaplaine BurnetPrize in Economics• The Class of ’58 Academic Fund• Cedric J. Cromartie ’80Memorial Scholarship Fund• Sally Proudfoot Gries ’63Scholarship for Women• David O. MacKenzie ’50Scholarship Fund• Manoogian Family Faculty Fund• McNerney Scholarship Fund• Mints ProfessionalDevelopment Fund• Mints Scholarship Fund• The Morgan, Scott and CassCounties Scholarship Fund• Dana W. Niswender Prizein Writing• Linda Sue NovasconeMemorial Scholarship Fund• The Perisho MemorialScholarship Fund• Joshua Aaron Rothstein ’05Memorial Lecture Fund• Schell-O’Connor FamilyScholarship Fund• Marguerite Hubert Sherwin ’30Scholarship Fund for Girls• Nicki Newman Tanner ’53Excellence Fund“In order for LFA to continue to thrive, it is critical that the endowment be strengthened throughsupport of this campaign. Endowment funds allow for financial security going forward, but theyalso create the ability for the school to be innovative, to launch new initiatives, and to ensurethat the student experience is constantly evolving in a fast-paced world. A strong endowment allowsthe school to attract the most talented faculty and students—and challenge them to be the bestthey can be. In this sense, it is the most important campaign initiative. Endowment funds are the’fuel’ for all that makes LFA distinctive.”—Life trustee Lauren and Sid Gorter P’06, P’09, <strong>Lake</strong> <strong>Forest</strong>, ILAnnual fund and campaign supporterswww.lfanet.org5