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The Augustus Juilliard Society Newsletter

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The Augustus Juilliard Society Newsletter 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).
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