Annual Report 2008-2009
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annual report 09 v4:Layout 1 11/8/2010 9:39 AM Page 1 Western Reserve Academy Annual Report 2008-2009 Behind each student and faculty member lie the loyalty, generosity and strength of the entire Western Reserve Academy community. annual report 09 v4:Layout 1 11/8/2010 9:39 AM Page 2 2008-2009 Board of Trustees Mark R. Tercek ’75, Daniel W. Christman ’61 Andrew R. Midler ’79 Douglas Kurdziel ’05, Co-president Alexandria, Va. St. Thomas, U.S. Virgin College Trustee Irvington, N.Y. Kathryn I. Clark ’76 Islands Nashville, Tenn. Peter S. Hellman ’68, Ann Arbor, Mich. Katie Ong-Landini ’83 Cookie Richardson, Co-president Ruth Swetland Eppig Shaker Heights, Ohio Pioneer Women President Hunting Valley, Ohio Bratenahl, Ohio Gregory Pennington ’71 Hudson, Ohio Stephan W. Cole ’66, Dagmar F. Fellowes ’75 Milwaukee, Wis. Lorraine Debose ’93, Vice President Pepper Pike, Ohio R. Lawrence Roth Alumni Association President Jupiter, Fla. New York, N.Y. Euclid, Ohio John M. Fowler ’67 Trustee Emeriti David M. Hunter ’68, Bronxville, N.Y. Hewitt B. Shaw Vice President Hudson, Ohio H. Arthur Bellows Jr. ’56 Silver Lake, Ohio Anne C. Goodman ’84 Shaker Heights, Ohio Shannah Tharp-Taylor ’91 Greenwich, Conn. Richard W. Neu, Ronald M. Harrington ’87 Pittsburgh, Pa. Jefferson W. Keener Jr. ’50 Treasurer Akron, Ohio Naples, Fla. Hudson, Ohio Jason M. Wortendyke ’94 Olin J. Heestand Jr. ’62 Chicago, Ill. T. Dixon Long ’51 Fred A. Cummings ’85, San Anselmo, Calif. Assistant Treasurer Chicago, Ill. Special Trustees Moreland Hills, Ohio Nathaniel E. Leonard ’82 David J. Barsan, John D. Ong Hudson, Ohio Timothy R. Warner ’69, Hudson, Ohio Dads Club President Secretary Robert T. Michael ’60 Silver Lake, Ohio David W. Swetland ’34 (d) Menlo Park, Calif. Chicago, Ill. Christopher D. Burner ’80, Alna, Maine James D. Chambers ’74 Head of School David Warshawsky ’51 Annapolis, Md. Hudson, Ohio Cleveland Heights, Ohio 2008-2009 Board of Visitors Dale G. Kramer ’70, Susan J. Grant ’84 John B. Missing ’74 Cynthia Van Osdol ’77 Co-chair Lafayette, Colo. Washington, D.C. Chicago, Ill. Broadview Heights, Ohio Christian F. Gulker ’69 Ford J. Nicholson ’73 Mark J. Welshimer ’69 Cecily Pryce Maguire ’78, Menlo Park, Calif. Dellwood, Minn. Bronxville, N.Y. Co-chair Theodore S. Gup ’68 Robert G. Perry ’86 Brooke Sterne New York, N.Y. Pepper Pike, Ohio Cleveland, Ohio Whittemore ’86 Lauren M. Anderson ’97 John P. Hewko ’75 Melvin Rhoden ’72 Hartford, Conn. Studio City, Calif. Washington, D.C. Falls Church, Va. Mark H. Wiedenmann ’69 Eric R. Bowers ’96 Amy Kikue Iwano ’80 Richard L. Rundell ’76 Palos Verdes Peninsula, Calif. Charlotte, N.C. Chicago, Ill. Belmont, Mass. Emeriti Meredith Broadbent ’77 John G. Kirk ’56 Jeffrey C. Schaffer ’87 W. Gerald Austen ’47 McLean, Va. Santa Barbara, Calif. Beverly Hills, Calif. Boston, Mass. Thomas E. Dunn ’84 Anne C. Manganaro ’75 Paul T. Schumacher ’84 Holsey Gates Handyside ’45 Greenwich, Conn. Potomac, Md. Canton, Ohio Bedford, Ohio William H. Durham ’67 Julie T. Miran ’78 Richard A. Shorr ’73 Bruce W. Rogers Jr. ’47 Palo Alto, Calif. Pottstown, Pa. Newtown Square, Pa. Akron, Ohio annual report 09 v4:Layout 1 11/8/2010 9:39 AM Page 3 Table of Contents From the Head of School ......................................3 Brick Row Legends ...............................................5 Leadership Gifts...................................................7 Alumni Giving.....................................................14 Parent Giving.....................................................26 Current Faculty & Staff......................................32 Gifts in Kind......................................................32 Former Faculty, Staff & Friends ...........................33 Memorial Gifts...................................................34 Corporations & Foundations ...............................36 Honor Gifts.......................................................38 Endowment ........................................................40 Planned Giving ..................................................44 Pioneer Women of Reserve ...................................48 Dads Club..........................................................48 annual report 09 v4:Layout 1 11/8/2010 9:39 AM Page 4 annual report 09 v4:Layout 1 11/8/2010 9:39 AM Page 5 From the Head of School he Western Reserve Academy Annual Report provides Reliable, re- a summary of the school’s finances, reports contribu- curring Annual Ttions received and acknowledges with gratitude those Fund gifts who so generously support the school’s mission and pro- strengthen our grams. Challenged this year by the effects of a worldwide fi- planning and nancial crisis unlike any experienced before, I can report budget processes, confidently that Western Reserve Academy became a stronger giving us confi- and leaner organization without compromising its proven dence to move mission, unmistakable standards and time-honored values. ahead deliberately This 2008-09 Annual Report is particularly meaningful be- and ambitiously. cause it documents the collective strength of our school com- A very special munity – Trustees, alumni, parents, students, faculty, staff group of loyalists and friends – and the impact each had for the greater benefit compose the core of our school. of our alumni Disciplined budgets, wise investments and strong enroll- and parent ment positioned us well to address the challenges posed by donors – men and the economic turmoil, leaving one important hurdle to jump women who have remembered the Annual Fund for 10 con- successfully – the Annual Fund. On June 30, your Annual secutive years or more. These Brick Row Legends are recognized Fund gifts totaled $1,876,937, provided 8.67 percent of the in this report for their faithful and consistent support for operating budget and balanced the school’s financial profile. generations of Western Reserve Academy students. To put this feat into perspective, replacing your gifts would In my first year as Head of School, I learned that I can require a new unrestricted endowment of $37.5 million or rely on the Western Reserve Academy community to respond an additional tuition payment of $5,114 for each and every decisively. Therefore, it is important for me to keep you enrolled student. In the final analysis, Annual Fund dona- well-informed about the school’s general health and tions exceeded the budgeted goal by one-tenth of one per- progress. On behalf of the faculty, students and staff, I offer cent or $1,937. Every Annual Fund gift was important! heartfelt thanks for your loyalty, generosity and all you do for Beyond budget balancing, Annual Fund gifts benefitted Western Reserve Academy. virtually all of our programs, students and faculty members. Sincerely, In this Annual Report, we highlight five key areas funded in part by your Annual Fund gifts, including financial aid for students, faculty salaries and benefits, campus grounds and facilities, classroom instruction and student services. You will see the tangible impact of recurring Annual Fund gifts to Christopher D. Burner ’80 Western Reserve Academy that should not be underestimated. Head of School 2008-2009 Annual Report 3 annual report 09 v4:Layout 1 11/8/2010 9:40 AM Page 6 annual report 09 v4:Layout 1 11/8/2010 9:41 AM Page 7 Brick Row Legends The design of Western Reserve Academy’s distinctive Brick Row was influenced by Greek ideals and executed Mr. George A. Isaac III ’71 by pioneer craftsmen known as master builders. At a time when institutions of higher learning were moving in the Mrs. Amy Kikue Iwano ’80 direction of a planned campus, Western Reserve Academy’s founders were already embracing that concept. Instead Mrs. Debra Roth Kane ’80 of the random spread of campus buildings that was the case, even with Yale College, this campus on the western Dr. Frazier S. Keck ’80 frontier would embody a plan that suggested strength, confidence and permanence. Dr. John G. Kirk ’56 Mr. Walter E. Klippert II ’59 Just as the founders of Brick Row left a legacy for all future graduates, WRA is proud of the more than 100 Mr. Karl A. Limbach ’50 alumni who embody the same mindset by their participation in the Annual Fund for 10 or more years. We honor Mr. Stuart J. Lucker ’85 the following alumni for their dedication to preserving the past and focusing on the future – our Brick Row Mr. Robert S. McCulloch Jr. ’42 Legends. Mr. James M. McDowell ’48 James K. Melluish Annuity ’32 Mr. John S. Pyke Jr. ’56 25+ Years of Giving Mr. Ralph W. Miner Jr. ’55 Mr. George L. Stansbury III ’47 Mr. John L. Naylor Jr. ’45 Mr. H. Arthur Bellows Jr. ’56 Mr. Timothy C. Wagner ’50 Mr. Frederick J. Neal ’46 Mr. Philip R. Berger Jr. ’70 Dr. John H. Weitz ’34 Dr. Stephen V. Neville ’64 Mr. Richard P. Buchman Jr. ’47 Mr. John B. Whitacre Jr. ’44 Mr. James D. Chambers ’74 Mr. Zimri C. Oseland Jr. ’44 Mr. Jefferson W. Keener Jr. ’50 15 + Years of Giving Mr. W. Stuver Parry ’50 Mr. Philip L. Kennedy ’50 Mr. William D. Peace ’41 Mr. David B. Albrecht ’47 Mr. Harold Pilskaln Jr. ’49 Mr. Richard M. Lipton ’70 Ms. Constance Anderson ’77 Mr. James P. Lewis ’46 Mr. Karl A. A. Reuther ’51 Mr. Philip S. Becker Jr. ’61 Mr. William H. Russell ’51 Mr. Gordon G. Long ’32 Mr. Peter M. Black ’44 Dr. T. Dixon Long ’51 Mr. William H. Silver ’73 Mr. James D. Bonebrake ’50 Mr. Charles J. Snyder Jr. ’60 Mr. Roger Marshall ’49 Mr. Norton A. Borges Jr. ’50 Mr. Robert S. McCulloch ’69 Mr. William R. Starn ’84 Mr. Walter L. Brassert ’49 Mr. Ben F. Stoltzfus ’45 Mr. Thomas N. McGrew ’58 Mr. Sherwood S. Cadwell ’44 Mr. William F. Roemer ’51 Mr. Robert J. Cahall ’37 Mr. Peter Van Pelt ’50 Mr. Alfred M. Clark Jr. ’40 Mr. Herbert A. Wainer ’59 Mr. C. Holbrook Cleminshaw ’47 20+ Years of Giving Mr. Stephan W. Cole ’66 Mr. Daniel R. Collister ’46 Mr. Thomas Allchin ’46 Mr. David B. Cross ’76 Mr. Christopher D. Burner ’80 Ms. Dagmar F. Fellowes ’75 Mr.