The Augustus Juilliard Society Newsletter

Winter 2015–16 Volume 18, Number 1

PROFILES IN PHILANTHROPY A Generous Gift Inspired by a Musical Family: Contents Irene Schultz and the Kraeuter Scholarships

1 Profiles in ugustus Juilliard Society members have many Philanthropy Adifferent ties to the School, and each of their Juilliard stories is unique. For member Irene 2 Event Spotlight Schultz, her connection to the School began many years ago, thanks to her friendship with a musical 4 Charitable Gift family with a long Juilliard history. Annuities A native New Yorker, Irene Schultz was raised 5 The Augustus in Queens and spent her career at Mutual of Juilliard Society New York, a financial services company. While a Members young professional, she decided to study cello and Photo top: Augustus Juilliard Society member Irene Schultz, began private lessons with Phyllis Kraeuter, one with the 2015-2016 recipient of the Phyllis M. Kraueter 6 The Scholarship of three siblings who graduated from and taught Scholarship in Cello, Seth Biagini. Fund for Juilliard at Juilliard. A close friendship developed between Photo above: Phyllis Kraeuter (far left) and Karl Kraeuter Back cover Irene and the entire Kraeuter family, including (far right) discuss Aaron Copland’s “Vitebsk“ Trio with the composer (second from right) and pianist Grant (Continued on Page 3) Johannesen, before a Town Hall performance. Event Spotlight Scholarship Donor’s Luncheon

ugustus Juilliard Society members were invited to Juilliard’s annual Scholarship Donor’s Luncheon on May A20, 2015. The event, which is part of Juilliard’s commencement week activities, included performances by students in the music, dance and drama divisions.”

Photos top: Dancer Kara Chan (left), soprano Onadek Winan (right) and pianist Joseph Yungen (right) perform before the 2015 Scholarship Donor’s Luncheon.

Photos bottom: (Left) Joseph Polisi welcomes guests to the 2015 Scholarship Donor’s Luncheon; (right) Dancer Kelsey Connolly speaks about what scholarship support has meant to her.

How to Make a Gift to Juilliard in Your Will Sample bequest language to make an unrestricted gift: “I give and bequeath, absolutely and forever, the sum of $ (or % of the rest, residue and remainder of my estate) unto The Juilliard School, New York, New York, for the general support of the School.”

Sample bequest language to make a scholarship gift: “I give and bequeath, absolutely and forever, the sum of $ (or % of my residual estate) unto The Juilliard School, New York, New York. I direct that this gift shall establish the [Name] Scholarship Fund. In awarding this scholarship, I request that first preference be given to deserving young people who are studying [restriction, if any] . I further request that, should this fund meet the financial requirement, the School permanently endow this scholarship.”

Want to learn more? Visit us on the web at www.juilliard.edu/giving/planning.

Have you already included Juilliard in your plans? We hope you will let us know!

| 2 A Generous Gift Inspired by a Musical Family: Irene Schultz and the Kraeuter Scholarships (Continued from Page 1)

The Augustus Phyllis Kraeuter’s brother, Karl, a noted violinist, and Friskin, and also taught in Juilliard’s Preparatory Juilliard Society sister Leonore, a gifted pianist. Tragically, Phyllis and Division. She eventually left her Juilliard teaching post Newsletter Karl Kraeuter were involved in a car accident in 1964 and established a private studio, while continuing to which took Phyllis’s life and seriously injured Karl. perform with her siblings in concerts with the is published by the Irene remained close to Karl and Leonore for the rest Kraeuter Trio and Quartet. Office of Public Affairs, of their lives. At Karl Kraeuter’s passing in 1986, he left The Juilliard School, a generous gift in his will to The Juilliard School to 60 Lincoln Center Plaza, endow a violin scholarship. Since then, his legacy gift New York, NY 10023. has helped many young artists to receive a Juilliard Telephone: education, and will continue to do so for generations (212) 799-5000, ext. 278 to come.

Joseph W. Polisi Inspired by what Karl Kraeuter did for Juilliard in his President estate, Irene Schultz decided to create a second Kraeuter scholarship at Juilliard, this one in honor of Elizabeth Hurley her teacher. In 2014 she endowed the Phyllis M. Vice President for Kraeuter Scholarship in Cello, which was awarded Development and this year to Seth Biagini, a first-year master’s degree Public Affairs student from Los Angeles. Irene plans to continue providing financial support during her lifetime and in Lori Padua Director of Planned her estate for the violin scholarship Karl established, Giving as well as for the cello scholarship she created to ext. 7152 honor Phyllis. In addition, she plans to extend her Photo: (Left to right) Leonore Kraeuter, Phyllis Kraeuter [email protected] generosity to begin a third Kraeuter scholarship, this and Karl Kraeuter. one in piano, in memory of Leonore Kraeuter. Victoria Murray Brand While no longer playing the cello herself, Irene Schultz Associate Director, The Kraeuters at Juilliard satisfies her passion for classical music by attending as Scholarship All three Kraeuter siblings came to New York to study many concerts as she can fit into her schedule, with a Development at the Institute of Musical Art (Juilliard’s precursor). special commitment to anything performed at Juilliard, ext. 692 Karl Kraeuter began in 1913 at age 15, studying violin including individual student recitals. As a non- [email protected] with Hans Letz, chamber music with Franz Kneisel, professional singer, she performed under choral director and composition with Percy Goetschius. He received Harold Rosenbaum (a former Juilliard faculty member) Katie Murtha on many of his summer choral tours to Europe and Director of Major Gifts undergraduate and graduate diplomas in violin, one in ext. 7878 music education, as well as a certificate in Canada. For 14 years she served on the board of his [email protected] composition. He was a member of the Juilliard faculty choral organization, Canticorum Virtuosi, Inc. A past from 1926 to 1941, and was president of the Alumni member of the Westchester Oratorio Society, Irene still Rebecca Vaccarelli Association in the late 1940’s and early 1950’s. Karl sings in the Inspirational Choir of Riverside Church. She Associate Director had a long and noteworthy career, focused primarily is a talented visual artist and a solo exhibition of her of Development for on the performance of chamber music. silverpoint drawings is currently on view at the Southern Alumni Relations Vermont Arts Center in Manchester, VT. ext. 7150 Phyllis Kraeuter entered Juilliard in 1918 at age 12. She [email protected] studied cello with Willem Willeke, and chamber music "With so many of my activities focused on the arts," with Franz Kneisel, attaining two diplomas in cello and Irene says, "I felt the need to strengthen my Mary Yeatts philanthropic efforts in support of the arts. Originally, I Associate Director one in music education. In 1926, at age 20, she of Major Gifts received the Walter M. Naumburg Music Foundation planned to establish the Phyllis M. Kraeuter Scholarship ext. 7598 Prize, the first cellist to win this prestigious award. For in Cello as part of my estate, but decided to start it [email protected] thirty years she taught cello and chamber music in while still alive. I recently had a delightful visit with the Juilliard’s Preparatory Division (now Pre-College first recipient, Seth Biagini, at a Juilliard event. I plan to Division). Phyllis had a distinguished career as a soloist follow his career and also look forward to meeting and a chamber music performer. With the creation of future recipients and following their progress." the Kraeuter Duo, Kraeuter Trio and Kraeuter Quartet with her brother Karl, ensemble playing became the The Juilliard School is deeply grateful to Irene Schultz primary focus of both their careers. for her generosity and foresight in carrying on the Kraeuter legacy, and is honored that students will study Leonore Kraeuter entered Juilliard in 1918 at age 17 here with scholarship assistance in the names of these and received diplomas in piano and music education. important musicians from the School’s history. She was a student of Gaston Dethier and James | 3 Charitable Gift Annuities: A Gift That Provides for You Now and Juilliard Later

Learn More haritable gift annuities are a popular way for individuals to make a substantial Ccontribution for Juilliard while also receiving income. If you would like to support To receive information the future of the performing arts at The Juilliard School and receive steady payments about charitable gift annuities, or to learn during your retirement, a charitable gift annuity may be right for you. more about including The Juilliard School in your estate plans, please contact: How It Works Lori Padua Through a simple contract you agree to make a Example (212) 799-5000 ext. 7152 donation of cash or securities to The Juilliard School. Barbara, age 82, established a $50,000 charitable [email protected] In return, you receive fixed payments for the rest of gift annuity. Based on her age, she was able to your life. The amount of your payments is receive an annuity rate of 7.2 percent. This means determined by your age at the time you establish that Juilliard will pay her $3,600 each year for the the annuity. You also receive these benefits: remainder of her life, of which $2,883.60 is tax- free to her throughout her life expectancy. She'll • Your initial gift is partially tax-deductible. also receive a charitable deduction of $25,809 if she itemizes on her income taxes (this assumes • Your charitable gift annuity payments are quarterly payments and a 2.0 percent IRS discount partially tax-free throughout your estimated rate). After her lifetime, the remaining amount will life expectancy. be used to help Juilliard provide the highest caliber of artistic education for gifted musicians, dancers, • Your payments are not affected by the ups and actors from around the world. and downs in the economy. Sample Charitable Gift Annuity Rates • The gift annuity can be for one or two people, One Life Two Lives so your spouse or another loved one can Age Rate Ages Rate receive payments for life. 75 5.8% 70/75 4.8% 80 6.8% 75/80 5.3% 85 7.8% 80/85 6.1% • If you use appreciated stock to make a gift, 90+ 9.0% 85/90 7.3% you can usually eliminate capital gains tax on a portion of the gift and spread the gain over Rates are recommended by the American Council on your life expectancy. Gift Annuities and are adjusted periodically.

Top photo: Todd Rosenberg

| 4 The Augustus Juilliard Society

The Augustus Juilliard Society recognizes those who have included The Juilliard School in their long-range financial plans with a bequest, gift annuity or trust arrangement. These future gifts will help ensure that Juilliard may continue to provide the finest education possible for tomorrow’s young artists. The School expresses its deep appreciation to the following members:

Donald J. Aibel Rabbi Mordecai Genn, Ph.D. Chuck Manton Susan W. Rose Veronica Maria Alcarese Mark V. Getlein Cyril† and Cecelia Marcus Dinah F. Rosoff Douglas S. Anderson Pia Gilbert Serena B. Marlowe Roxanne Rosoman Joan Anderson John R. Gillespie Dolores Grau Marsden Sam and Deborah Rotman Mitchell Andrews Professor Robert Jay Glickman Sondra Matesky Mr.† and Mrs. Irving Ruckens Dee Ashington Dr. Ruth J.E. Glickman Stephanie and Carter McClelland Mrs. Ernest N. Rutherford Jack Bakal Sheryl Gold and The Stephanie and Carter Lynne Rutkin Henrie Jo Barth Terrine Gomez McClelland Foundation Edith A. Sagul Richard Beales Erich L. Graf Joseph P. McGinty Joan St. James Yvette and Maurice Bendahan The Venerable John A. Greco Dr. and Mrs. N. Scott McNutt Riccardo Salmona Donald A. Benedetti Drs. Norman and Gilda Greenberg Anabel C. Meister Harvey Salzman Helen Benham Arlene† and Edmund Grossman Pauline and Donald B.† Meyer Michael and Diane Sanders Elizabeth Weil Bergmann Emma Gruber Stephen A. Meyers and Marsha Nancy Schloss Benton and Fredda Ecker Bernstein Rosalind Guaraldo Hymowitz-Meyers Casiana R. Schmidt Leslie Goldman Berro Ruth Haase Paula P. Michtom Shelby Evans Schrader† and Susan Ollila Boyd Mr. and Mrs. Robert S. Haggart, Jr. Leo† and Anne Perillo Michuda John Paul Schrader Mrs. George E. Boyer Louise Tesson Hall Warren R. Mikulka Irene Schultz Peter A. Boysen Ralph Hamaker Stephen Mittman William C. Schwartz Nina R. Brilli Meleen O’Brien Harben Robert A. Morgan David Shapiro Joseph P. Brinton III Rev. Tozan Thomas Hardison Valerie Wilson Morris Dr. Robert B. Sharon Steven and Colleen Brooks Lillian and Gordon† A. Hardy Diane Morrison Edmund Shay and Raymond Harris Carol Diane Brown and Ralph† and Doris Harrel L. Michael and Dorothy Moskovis Dr. Edward Shipwright Daniel J. Ruffo Judith Harris and Tony Woolfson Myron Howard Nadel Robert D. Sholiton Beryl E. Brownman Robert G. Hartmann Steven W. Naifeh and Gregory Arthur T. Shorin Lorraine Buch S. Jay Hazan, MD White Smith† Mel Silverman Eliane Bukantz Betty Barsha Hedenberg Anthony J. Newman Steven P. Singer, M.D., and Felix N. Calabrese Gordon D. Henderson Oscar and Gertrude Nimetz Fund Alan Salzman, M.D. Alan† and Mary Carmel Mayme Wilkins Holt Stephen Novick Barbara Thompson Slater Mr. and Mrs. N. Celentano Gerri Houlihan Russell K. Oberlin Bruce B. Solnick Wendy Fang Chen Katherine L. Hufnagel Margaret Pardee Carl Solomon, Sr. Julie A. Choi and Claudio Cornali Joseph N. and Susan Isolano Mr.† and Mrs. Donald Parton Barbara H. Stark Harvey M. Cohen Marjorie Jackson Celia Paul and Stephen Rosen Sally T. Stevens Mr.† and Mrs. David Colvin Paul Johnston and Umberto Ferma Jeanne M. and James Streem Charlotte Zimmerman Crystal Janice Wheeler Jubin and Raymond Gerard† Pellerin Cheryl V. Talib Rosemarie Cufalo Herbert Jubin B. Blaine Pennington Phyllis K. Teich Christopher Czaja Sager Peter H. Judd Jane V. Perr, M.D. Marie Catherine Torrisi Harrison R.T. Davis Michael Kahn Jean Pierkowski Dr. Marta Vago Stephen and Connie Delehanty Mr.† and Mrs. Martin Kaltman Elissa V. Plotnoff Pinson Walter and Elsa Verdehr Ronald J. Dovel and Thomas F. Lahr George and Julia Katz Fred Plotkin Paul Wagenhofer John C. Drake-Jennings, Sheila Keats Geraldine Pollack Dietrich and Alice Wagner Duke of Quincy Robert King Sidney J.† and Barbara S. Pollack Alberto and Paulina A. Waksman Ryan and Leila Edwards J. D. Kotzenberg John G. Popp Stanley Waldoff Fredell Lack Eichhorn Bruce Kovner Thomas and Charlene Preisel Jessica Weber Lou Ellenport Edith Kraft Arthur Press Catherine White Lloyd B. Erikson Mr. and Mrs. Paul A. Krell Bernice Price Miriam S. Wiener Eric Ewazen Francine Landes Gena F. Raps Robert Wilder and Roger F. Kipp Holly L. Falik Sung Sook Lee Nancy L. Reim Alice Speas Wilkinson Stuart M. Fischman Paul Richards Lemma and Susan M. Reim Yvonne Viani Williams Dr.† and Mrs. Richard B. Fisk Wilhelmina Marchese Lemma† Susan D. Reinhart Margaret S. Williamson Lorraine Fox Loretta Varon Lewis† and Michael Rigg Elizabeth R. Woodman Dr. Mio Fredland Norman J. Lewis Douglas Riva Edward Yanishefsky Chaim Freiberg Ning Liang Lloyd† and Laura Robb Lila York Naomi Freistadt Joseph M. Liebling Daniel P. Robinson Thirty Anonymous Donors Michael Stephen Gallo Kristin M. Lindley Yvonne Robinson Anita L. Gatti Jerry K. Loeb Carlos Romero and Thelma and Seymour Geller, Richard Lopinto Joanne Gober Romero on behalf of Jane Geller Francis Madeira Linda N. Rose

† = deceased

For information about becoming amember of the Augustus Juilliard Society, please visit us on the web at www.juilliard.edu/giving/planning. You may also call us directly at (212) 799-5000, ext. 278, or write to [email protected].

| 5 Non-Profit Organization U.S. POSTAGE PAID New York, N.Y. Joseph W. Polisi, President PERMIT No. 6915 The Augustus Juilliard Society 60 Lincoln Center Plaza New York, NY 10023

Have You Visited The Scholarship Fund Our Website? for Juilliard

Vist us at juilliard.edu/giving/planning Would you like to do something now to help current and future generations of performing • Learn more about giving to Juilliard artists? We invite you to make a gift in support of scholarships today—a gift that will have a direct, • Read timely articles and request information immediate influence on the lives of our students and those to come. • Use our gift illustrator to explore gift options Please contact Victoria Murray Brand, • Meet our donors Associate Director, Scholarship Development at 212-799-5000, ext. 692 or Visit us at www.juilliard.edu/giving/planning or visit www.juilliard.edu/giving. write to [email protected]

Photo: Todd Rosenberg