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.