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Chadwick Schools develop global citizens with keen minds, exemplary character, self-knowledge and the ability to lead. ANNUAL REPORT 26800 South Academy Drive, Palos Verdes Peninsula, CA 90274-3997 www.chadwickschool.org 2015-16 OUR GRATITUDE And the gifts that launched 4,000 lives. In 1935, Margaret Lee Chadwick started on the path to make her educational vision a reality— to establish a K-12 coeducational school whose graduates would develop keen minds, exemplary character, self-knowledge and the ability to lead. Soon, transformative gifts from Frank Vanderlip, Sr., and Fred and Edna Roessler put Chadwick School on the map, and the school flourished. Now in its 80th year, Chadwick boasts campuses in both Palos Verdes and Songdo, South Korea, with more than 4,000 alumni throughout the world. Our alumni include Rhodes and Fulbright ON THE COVER scholars, research scientists and doctors, visual and performing artists, Olympians, authors, Director of the Upper School Mark Wiedenmann, Gabi Martinez ’18 and Myles Rosenzweig ’18 and leaders in business, law and technology. With every entering Chadwick student and family, the impact of the original gifts—and those of all of our generous parents, alumni, trustees, faculty and friends—increases. Our gratitude grows as well for each member of the Chadwick community whose support brings the school’s mission to life. INSIDE 3 Introductions 7 From the Headmaster 8 From the Chair of the Board Thank you for helping to ensure an outstanding educational experience for every Chadwick student. 9 Board of Trustees Through them, you are shaping the future. 12 Financials 15 Recognizing Annual Giving 27 Annual Fund 45 Other Gifts 52 Endowment Funds 58 Planned Giving 62 Events 62 7th Annual Chadwick Golf Tournament 63 #LoveWick Day 64 Parent Organizations 2015-16 ANNUAL REPORT 3 AT OUR CORE Shared values and a supportive community. Lori and Cedric Penix – parents of Cole Penix, Class of 2022 “Chadwick felt like a marriage of core values for us. The Chadwick community believes in the same things we do—respect, responsibility, honesty, fairness and compassion—and that was one of the biggest factors for us in choosing Chadwick for our son as a kindergartner. Now that he’s in Middle School and we see all the opportunities Cole has in sports, performing arts, Outdoor Ed and Round Square, we couldn’t be happier. “Chadwick’s Middle School is an ideal mix of opportunities and responsibilities. The teachers and administrators carefully guide students in how to make good choices as they enjoy more freedom.” With every new experience, he becomes more confident. We are happy to support Chadwick as admission volunteers and Annual Fund donors so that other children can benefit from a Chadwick education.” 2015-16 ANNUAL REPORT 5 FROM THE HEADMASTER Dear Chadwick Community, This past year—Chadwick School’s 80th—was one of in the African Leadership Academy MUN Conference, great ambition and accomplishment for the Chadwick earning six Best Delegate awards and the “Best Delegation” community. The Class of 2016 matriculated to some of award for the second consecutive year. the most selective colleges and universities in the country, where they continue to thrive and to lead. The class As I look back over the past year, and in fact over the past included 19 National Merit Finalists and Commended 18 years as Chadwick’s Headmaster, far more important Students, a Presidential Scholar Semifinalist and an than all the student, faculty and school accomplishments entering Jefferson Scholar at the University of Virginia. above are three critical aspects that distinguish Chadwick and, now, Chadwick International. The first is the quality We established a dedicated and extremely popular of the interpersonal relationships within our tight-knit and “Makerspace” in the Village School this year where extended school community. Amy and I have treasured students experiment with coding, design and engineering these from multiple perspectives: as headmaster, teacher, concepts in a hands-on environment thanks to generous coach and parent of two WOWs. These relationships are support from the McAlister Foundation and the CPA. not only our best teaching tools, but they are what define the We also added more K-12 STEM offerings including Chadwick experience for all. Second, and closely allied to coding instruction in the Village School, and sent two the first, is the school’s genuine and relentless commitment Middle School Robotics Team members to compete in to fostering the development and modeling of exemplary the National and State VEX IQ Championships. character as defined by our core values. We continue to pursue ambitious goals in our visual “Schools are composed of imperfect humans, and performing arts, athletics, community service, global so we will never get everything exactly right, but programs and outdoor education programs. Outdoor education now includes all 13 grades, as our students it is critical that we have established high ideals begin strengthening their character, confidence, problem- and that we hold ourselves and each other solving and leadership skills as early as kindergarten. accountable for pursuing them.” This past year, 80 percent of our seniors elected to go on the three-week Senior Trip in the Sierras—the highest As the head of another school said of Chadwick a decade percentage ever. Our community service program also ago during an accreditation visit, “Chadwick is a school that is growing in all three divisions, and this year launched seeks the truth and speaks the truth.” Last but not least, formal “Days of Service” for all Middle School students. I love the fact that Margaret Chadwick’s idealism and In the visual and performing arts, Chadwick Middle and vision for children, for education, and for this school are Upper School students won multiple awards in music, alive and remain the driving force and philosophy behind theater and visual art, both as individuals and ensembles. our aspirations and our thinking. Her commitment of Chadwick School to teaching—habituating, she said— Chadwick athletics extended its proud history of competing children to reach out with hope and love to people both successfully with honor and character, winning three similar to and different from themselves has never been Prep League titles and our first CIF Championship in girls’ more important than it is today. As she so eloquently softball. Nine of last year’s senior athletes are competing stated, in such an environment “a strong feeling of for their chosen colleges and universities, and 54 athletes belonging to each other and belonging to the whole body earned All-League and All-CIF honors. of man develops and once a child has grasped the concept of ‘we’ as meaning old and young, rich and poor, of every “Margaret Chadwick’s idealism and vision … This year saw increased student exchanges of students color and all nations’, he has found himself at home in remain the driving force and philosophy behind between Chadwick and Chadwick International through the world.” This commitment makes Chadwick as a our aspirations and our thinking.” our K-12 global programs. In addition, Chadwick Upper two-campus school more essential and powerful than School students organized a successful 10-day Round ever—an institution that I continue to be deeply honored Square Regional Americas Conference on campus for and humbled to serve. Ted Hill, Headmaster 100 international attendees—a huge undertaking. Our Upper School Model United Nations Team competed Sincerely yours, Ted Hill Headmaster 6 CHADWICK SCHOOL 2015-16 ANNUAL REPORT 7 FROM THE CHAIR OF THE BOARD BOARD OF TRUSTEES 2015 -16 OFFICERS MEMBERS Peter Yun Huh PERMANENT TRUSTEES Mark Woodruff, Chair Christopher Adishian ’87 Christopher J. Hutchison Joseph H. Chadwick ’41 Nick Richardson, Vice-Chair Christine Bucklin Lisa A. Petrie Robert B. Roessler ’40 Ken Baronsky, Secretary Linda M. Calhoun ’79 Allison Hill Quinlan To the Chadwick Community, Lynn Hopton Davis, Treasurer David Carter Jennie Nash Robertson TRUSTEE EMERITUS The past year has ushered in many exciting developments Board has appointed Ted as President of the Foundation in Philip C. Chen ’90 Lynne Rosenberg ’81 William V. Davidson ’63 John Fukunaga Wayne Song at Chadwick. On behalf of the Board of Trustees of the order to focus his time and energy full-time on expanding Kurt R. Gibbs Gregg Tenser Roessler-Chadwick Foundation, I am delighted to report Chadwick’s impact both locally and globally. Ted Haile Charles Toups that both of its schools, Chadwick School in Palos Verdes and Chadwick International School Songdo in South Korea, Another important step forward is that after two years are thriving. Since our last report, there have been many of study, discussion and review with staff, the Board has notable and important accomplishments. The Trustees approved an update to the Mission Statement for the work in collaboration with staff behind the scenes much Foundation and a long-term strategic plan for the of the time, and I’d like to take this opportunity to share Palos Verdes campus. The Mission Statement now reads: and recognize their work on behalf of your schools. “ Chadwick Schools develop global citizens with Over the past year, the Foundation has completed a legal, financial and operational restructuring of the Palos Verdes keen minds, exemplary character, self-knowledge and Songdo schools. This restructuring has set the stage for and the ability to lead.” each campus to operate independently while maintaining and growing important educational collaboration. The refined Mission Statement continues to place primacy on academic rigor and development of character The restructuring has also set the stage for important at Chadwick. Additionally, the Mission Statement leadership changes. As you are all aware by now, we intentionally focuses Chadwick on developing global hired and welcomed a new Head of School at Palos Verdes, citizens who use their education to become people of Dr.

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