ANNUAL IMPACT REPORT Gratitude As you read through the Annual Impact Report, please notice the messages of gratefulness and appreciation our Scholars have passed along. Your donations are changing their lives, and it’s quite clear that these young men and women aren’t taking your generosity for granted. Thank you!
For more messages, please visit Ouimet.org/gratitude
“I am humbled and grateful to be a recipient of a Ouimet Scholarship, and truly appreciate your kindness and generosity which helps people like me pursue their college dream. The Ouimet Scholarship I received assisted me with my school expenses and without it I would not have been able to attend my first choice college.” Connor Mangelson Methodist University, 2019 The Ridge Club
“I am beyond thankful for this scholarship, because I would not be attending my dream school and doing all of these activities without it. I hope to continue being a Ouimet Scholar, and carrying on the Ouimet legacy academically.” Cassandra Gonser University of New Hampshire, 2020 Essex County Club A Message from the President
October 2018 Dear Ouimet Fund Friends, I am proud to share that this past year has continued our steady and wonderful growth pattern. While this is very rewarding, we are at the same time embarking on a comprehensive strategic planning process to enhance our mission. The board will be addressing ways to do even more for our future Scholars as their need grows so rapidly in this era of dramatic college tuition increases. In 2018-2019, we celebrate our 70th year with many ways by which we can impact the lives of our Scholars. Most importantly, with your help, Scholar awards increased to $2.2 Million, a $200,000 increase over last year. This increase is our largest ever, and represents growth of 38% in four years. Our thriving endowed scholarship program is again a major catalyst. A total of $800,000, or 36% of our awards, will come from the yield on our 148 endowments. As we go to press we will "We remain have added seven new awards since last year. Fittingly, one has been created by a committed to member of the original class of scholars from 1949. Trustee Bob McDonald and his family have endowed the Bob and Elaine McDonald Family Scholarship. The Fund strengthening has come a long way since awarding $4,600 to 13 students back in that first year. and growing The The total since then is a tremendous $36 Million to 5,900 students! Fund, and will As The Fund grows, we also see a continued high number of annual scholarship applications. Over the past four years applications have increased 38%, putting work to send more great pressure on our fundraising. We have also seen great increases in the number deserving students of colleges our students attend (164), female scholars (70), minority scholars (29), and inner-city scholars (67). We are happy that our 326 financial scholars this year to college." have an average annual financial award of $6,548, which translates to four-year assistance of approximately $26,200. However, our goal has always been to fund as much of the “unmet need” as possible and we still hover in the 40% range. Five million dollars of total unmet need is a huge hurdle. As one of our directors said recently, “We have a lot of great kids who still need a lot of help.” Also, helping fuel our scholarship increase has been growth in our Club Relations, Golf Marathon, Annual Fund and Alumni Donations. Each of those programs are critical to our continued success. This past year, we were proud to present Jim Furyk with our 22nd Francis Ouimet Award for Lifelong Contributions to Golf at our Annual Banquet. It was a wonderful night, and one each of the attendees won't soon forget. I’m delighted to announce that Hall of Famer and NBC golf broadcast commentator Johnny Miller will be our 2019 honoree on April 11 at the Sheraton Boston. Our dinner has been the largest golf dinner in the U.S., the award one of golf’s most prestigious and our 2019 event with Mr. Miller should be a great occasion to kick off the season. The Banquet is our prime event for spreading the message of our mission and showcasing our Scholars, and we know Johnny is excited to be part of it.
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2018 IMPACT REPORT Throughout the history of the Ouimet Banquet, a special highlight has always been the introduction of representatives of Mr. Ouimet’s and Eddie Lowery’s families. Sadly, Mr. Ouimet’s two daughters, Barbara McLean and Janice Salvi, passed away in the last year. We also lost three Ouimet Fund Trustees – Bill Foley, Ray LaJoie, and Dixon Sykes. They and the other many friends shown in our Memorial Donations section will all be greatly missed. The future of the Francis Ouimet Scholarship Fund is bright. Through your generosity and the hard work of the Ouimet Staff, Board of Directors, alumni, corporate partners and volunteers, we remain committed to strengthening and growing the Fund to send more deserving young women and men to college. Thank you very much for your support and best wishes to you, your family and friends as the new year approaches. President Jim Blue with Ouimet Scholar Eileen Lent '20, at the 2018 Investing in Lifetimes Reception. Warm Regards,
James D. Blue
Jim Blue speaks to a sold-out crowd at the 2018 Annual Banquet.
$1,500,000 $1,600,000 $1,700,000 $1,850,000 $2,000,000 $2,200,000