IWA Advancing the Mission - Fall 2016

INCARNATE WORD ACADEMY FOUNDATION NEWSLETTER

A faithful friend is a sturdy shelter; whoever finds one finds a treasure. There is nothing so precious as a faithful friend, and no scales can measure a faithful friend’s excellence.

Sirach 14-1

Pat Megerle Booth '49 (left) and Gloria Spahn Boutte '49 enjoy attending Incarnate Word Academy functions together.

FALL 2016

The Jeanne de Matel Heritage Circle Membership

JeanneChezard de Matel

2015-2016 TRIBUTE GIFTS Gifts in Honor Of Gifts in Memory Of

STATEMENT OF ACTIVITIES | JULY 1, 2015 - JUNE 30, 2016 SUPPORT IWBS Sisters Contribution Contributions and Grants Investment Income

TOTAL SUPPORT EXPENSES Scholarships and Tuition Assistance Continuing Education - IWA Faculty Board Designated Awards Grants - Other Administrative Expenses

$300,000 $167,906 $151,518

$619,424 $481,718 $6,000 $6,500 $4,500 $105,271

TOTAL EXPENSES

$603,989

Increase in Net Assets

$15,435

Net Assets Beginning of Year

NET ASSETS END OF YEAR

$5,687,958

$5,703,393

Sister Colette Brehony '54, Vice President of the Incarnate Word Academy Foundation, accepts Dr. Troy Creamean’s generous gift during his recommissioning ceremony aboard the USS Lexington.