HomeMy WebLinkAboutWAF 2018-19 Overview (as of 4.30.19)
OUR MISSION
“To provide financial support for Westlake Academy in its efforts to provide students with an internationally-minded
education of the highest quality, so they are well-balanced and respectful life-long learners.”
The Academy relies on Foundation funding for school operations, academic programs, teacher training, equipment,
technology, and the endowment. Westlake Academy would look very different without charitable contributions!
The following is an overview of the Foundation’s initiatives as of April 30, 2019:
BLACKSMITH ANNUAL FUND (BAF)
• Parent-focused campaign to raise critical annual operating funds
• Gifts and pledges to date = $1,071,800
• Majority of BAF gifts continue to come via North Texas Giving Day
- 422 gifts = $805,678
- Fees of $29,506 partially offset by $18,280 in Bonus funds and donor-
covered fees; WAF funds balance so 100% gift goes to BAF
• Corporate matching gifts estimated to reach $75,000 by fiscal year-end.
• Current overall participation is at 82% with 80.2% of new families giving.
• Grade Captains continue to reach out to remaining non-donor families.
WESTLAKE BAJA at VAQUERO
• Golf-focused outing and party held at Vaquero Club in Westlake
• Proceeds support school grant requests; priority use is to retain and develop Academy teachers.
• This year’s Baja raised $245,305 in total.
• Sponsorships totaled $95,000 for the WAF discretionary “grant pot.”
• This year’s requested Fund-an-Item was to provide Legacy Teacher Fund appreciation awards.
A matching gift challenge netted $84,930; coupled with Live Auction proceeds of $65,375, a total of
$150,305 was contributed specifically for the Legacy Teacher Fund.
GALLERY NIGHT
• Benefit auction, dinner and party at TMS with “Birthday Bash!” theme.
• Fun night of gourmet food and cocktails, live entertainment, and amazing auction items, including
incredible student classroom art created with professional Artists-in-Residence
• Proceeds used for teacher grants and special school initiatives.
• Gross proceeds total $353,000 including nearly $113,000 for this year’s Fund an Item, a second 71-
passenger seat bus.
Additionally, the Foundation oversees several endowed funds currently valued at $1,840,980.
2018-19 BOARD OF DIRECTORS
Michael Colby Leah Rennhack Karen Stoltenberg
Wendy Greenwood Christine Ross Deanna Titzler
Kevin Hansen Leigh Sansone Julie Kelly – Admin. Asst.
Zan Jones Sean Shope JKelly@WestlakeAcademy.org
Debbie Kraska Ahu Sieg Shelly Myers, Ph.D. – Exec. Dir.
Laura Luckett Adam Smith SMyers@WestlakeAcademy.org