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HomeMy WebLinkAboutWestlake Academy Foundation Annual Presentation 04-24-172016-17 Year to Date PROVIDING FINANCIAL SUPPORT TO WESTLAKE ACADEMY’S STUDENTS, TEACHERS AND STAFF MEMBERS AS OF APRIL 2017 | FISCAL YEAR ENDS IN AUGUST 2017 Fundraising 2016-17 Gross Totals $3.118 Million Total as of April 24, 2017 Endowments Blacksmith Annual Fund Gallery Night Westlake Baja $1,565,000 $1,080,000 $343,000 $130,000 2 Endowment Fund (Principal & Growth) Charitable contributions & fund growth, which includes 10% gross event proceeds, move us toward our $5 million endowment goal. Noteworthy Accomplishments: •Received gift to establish $200K Gingy Quinn Fund for Teachers (innovative classroom instruction & research) •Changed fund managers to accelerate fund growth •Contributed to Foundation’s net assets exceeding $2 million as of March 2017 $1,565,000 3 Blacksmith Annual Fund As a charter school, Westlake Academy only receives 70% of state dollars per student compared to the average public school. The Blacksmith Annual Fund provides important dollars to fill in the financial gap for the ongoing operations of the school. Noteworthy Accomplishments: •Currently at $1,080,000 in gift & pledges •Through March 31, 2017, provided $993,163 of $1 million goal to support WA operations •Currently at 80% family participation •Increased marketing focus on 100% family participation to make goal $1,080,000 4 Gallery Night Held each spring, Gallery night is an art- themed evening of fun with a spectacular live & silent auction. Event proceeds enable the Foundation to fund grant requests. Noteworthy Accomplishments: •Record $129,500 in sponsorship •Raised $105,250 for this year’s Fund- An-Item: a new, customized 71- passenger bus •Support from WPAS-sponsored Artists- in-Residence program led to beautiful art pieces created by students, teachers and artists that raised $8,100 $343,000 5 Westlake Baja Proceeds from this event fund grants to recruit, retain & develop high-quality teachers & to provide classroom &technology resources. Noteworthy Accomplishments: •Adding ”Six-hole Shootout” golf pushed sponsorships to $72,500 •Brainstorming next year’s event given Vaquero Clubhouse remodeling $130,000 6 Other Accomplishments •Raised $606,664 from 307 donors on North Texas Giving Day (#3 in DFW Metroplex) •Earned $15,000 in NTGD Bonus Funds used to buy three 3D printers & a large- format printer •Partnered with WAHOC to provide coordinated grant funding •Provided $36,202 toward grant requests to date, with additional $38,798 planned for distribution by end of August •Distributed $5,750 in travel awards to seven students 7 Grant Request Summary 2016-17 school year Name Type Amount Strengths Explorer for 5th grade*PYP $980 Basic Life Support/CPR Training Course DP/PE/Health $4,123 Brain-Based Science, Learning & Achievement Conf.*Professional Development $5,303 National Art Educator’s Association Convention*Professional Development $2,857 National Math Educator’s Conference Professional Development $6,855 SPRK Robots*PYP/MYP $3,080 Archery Equipment*MYP/PE/Club $4,005 G5 Science/STEM Lab PYP $2,359 Teaching & Learning Through Inquiry Professional Development $4,140 “Why History Matters” Oxbridge Academy Professional Development $2,500 TOTAL (as of April 2017)$36,202 8 *HOC provided $1,780 in funds toward these projects. Funding for Travel Awards •$2,500 from Bradley Endowment •$2,000 from San Miguel Gallery Night auction package •$1,250 from quick sale of American Airlines tickets This funding supported seven students in travel to China, Tibet, San Miguel & Costa Rica. 9 Goals for Next Year Continue to: •Use strategic marketing planning & resources (social media, monthly mailers, Year -in-Review, videos, website, etc.) •Maintain active involvement with annual school budgeting process •Maximize opportunities to recognize all donors & sponsors •Identify, cultivate & steward external funding opportunities (individual, community and corporate) •Coordinate efforts with WA & other affiliates (WAHOC, WAAC) 10 How the Board of Trustees Can Help •Continued 100% support of Blacksmith Annual Fund campaign by Trustees –THANK YOU! •Continued support of Foundation initiatives –THANK YOU! •Continued introductions to individuals & corporate contacts to support WA through Foundation events –THANK YOU! 11 THANK YOU! 12