Griffin Development Shorts
What’s New In Development The EITC Program Supports CFS Scholarships Local Companies’ Generosity Helps Qualified CFS Students Receive Critical Scholarships
T
Patrick Paro, Director of Business Development for IMC Construction, presents an EITC contribution to The Rev. Edmund K. (Ned) Sherrill II From left are John P. Wilwol, CFS Director of Development, Mr. Paro, Mr. Sherrill, and Neil Fanelli, CFS Vice President of Finance.
hanks to the generosity of many local companies, qualified CFS students have received critical scholarships. Gifts to CFS through the Educational Improvement Tax Credit Program (EITC) have already totaled $36,700 this year. Donors include The Bryn Mawr Trust, Burns Engineering, DNB, IMC, Meridian Bank, and Philip Rosenau Company. The EITC Program allows firms to receive up to 90% in
tax credits for their contributions to approved scholarship organizations, such as CFS. Their federal taxes further reduce the cost of these contributions, which assist CFS’s most deserving students. Seventy-five million dollars in tax credits will be available in the coming year. Corporations wishing more information about this extraordinary and very simple win-win program should contact the CFS Development Office at 610.363.5383 for more information.
New CFS Scholars Program CFS Scholars Program Invites Donors to Support Deserving Students
T
his year, for the first time, CFS pairs donors with students, offering an opportunity to meet the boys whose futures they impact so strongly. Through the new CFS Scholars Program, students and their sponsors will get together for lunch at CFS, with other students and sponsors. The program will create a real connection between an exemplary young man and an adult wishing to make a difference in his life. According to Mr. Sherrill, “CFS has been committed to the cause of justice in education for more that ninety years. Our financial model is dedicated to underwriting most if not all of a deserving boy’s education needs, and we seek to do even better through the CFS Scholars Program. Sponsoring a boy will bridge the gap between other scholarships, tuition and the actual cost of attending CFS. In return, sponsors will see firsthand how their involvement impacts this extraordinary mission through the eyes of an individual student. Initial sponsors include Head of School, Mr. Ned Sherrill and his wife Lizette, Board Chair Mark Carroll and his wife Joanne, and Director Steve Darby with his wife Carolyn. Alumni Christopher Clark ’84, Eric Nordstrom ’62 and Keith Voelker ’64 with his wife Linda are also sponsoring students, as is former member of the Board of Managers and a longtime CFS friend Georgina Bissell who sponsors 2 students. The cost of the CFS Scholars Program is $6,000 per year. Please call John Wilwol in the Development Office (610.363.5363 or JWilwol@ gocfs.net) for more information.
Parents’ Annual Fund More than Doubles Support Fund Helps bridge The gap between tuition and actual cost
U
nder the leadership of Bob Brown P’14 and Gertrude Go P’14, the CFS Parents’ Annual Fund, which helps to bridge the gap between tuition and the actual cost of educating a student, increased giving by 273% by the end of calendar year 2011. Gratitude and congratulations are due to Parent Representatives, Patti McLaughlin, Maureen Parents’ Annual Fund chairs Bob Brown Martinez, Sarah PeP’14 and Gertrude Go P’14 sha, Donna Zarycranski, Shauna Elvin, Ellen Ross, Heather Myers and Jackie Sharp. Gratitude also goes to Ms. Ae Sim Kim, who translated the annual fund letter for CFS’s international parents.
Parent Annual Fund donor, Hector Flores, explains why he gives to CFS “Our son is rising to his full potential. We could not be more grateful to CFS.”
F
our years ago, Luis attended a boarding school fair sponsored by the Boy’s Club of New York. We were initially impressed with the beauty of the campus and the bearing of the boys. Today, four years later, we are impressed with so much more: The small classes, the wonderful athletic programs (Luis is involved in baseball and wrestling), and the dedication and the excellence of the faculty and staff members, all of whom work so hard on behalf of the boys. My son particularly loves the wrestling program, which his New York City public school does not offer. Wrestling has helped him develop confidence. Indeed, this year, in all ways, he is maturing and meeting his full potential.
CFS Coach Art Smith discusses wrestling strategy with Luis Flores prior to his match.
4
DNB First representatives Diana Mattingly, Vice President, and Richard Webber, Director of Wealth Management, present DNB’s EITC contribution to The Rev. Edmund K. (Ned) Sherrill II, CFS Head of School (Center).
Why do I give to the Parents’ Annual Fund? I only wish I could give more. You cannot put a price on what CFS has done for my son. We talk a great deal about the fact that next year will be Luis’s last. I just want to give my wholehearted thanks to everybody at CFS.
Students Benefit From Bequests “Please consider including CFS in your will. It’s easy. The next time you meet with your attorney or financial planner, simply tell him or her the legal name of the School is “Church Farm School.” Your bequest can be large or small. Bequests have been the lifeblood of the School since its founding in 1918. If you have any questions about bequests, we have two brochures you will find helpful: Questions and Answers about Wills and Bequests and How to Make a Will that Works. Your will is the centerpiece of your estate plan. And it makes it possible for you to fulfill personal wishes that may save your heirs from problems that can arise when you fail to plan. If you wish one or both of these brochures, please contact John Wilwol by phone at 610.363.5363 or by email at JWilwol@gocfs.net.
The Maroon & Grey