The 2011 McCallie Endowment Report

The McCallie

Endowment Empowering Excellence

in Students and Faculty 1

June 30, 2011 designations of endowed funds

June 30, 2011 Asset Allocation

Facu Othe lty Salar ies r Pro gram & s: 21 %

Hedges: 0.2%

Cash: 12.7%

Equities: 36.4%

Inco

me:

16.5

% 5.1

4%

rn:

4. ts:

se As

solu

al

Scholarships & Student Travel: 39%

Ab

Re

%

Other*: 6

: 17%

C

etu

m

om

3%

s L/S

s:

itie

od

Equitie

/D

ield hY

Hig

.7%

:4

ed

ss

re ist

c Fa

6%

ev

yD

ult

Unrestricted: 28%

%

te R

Fixed

nt:

me

p elo

*Other: Christian Programs, Awards, Speakers, Arts, etc.

Annual Endowment Fund Growth YEAR ENDING

MARKET VALUE

TRANSFER TO OPERATIONS

2011 $65,081,642 $2,984,780 2006 $57,642,196 $2,397,727 2001 $42,366,718 $1,837,015 1996 $26,361,250 $1,211,500 1991 $16,221,287 $729,958 1986

$8,987,194

$815,000 1981

$2,595,780 $100,000 (JUNE 30)

2

From the Headmaster FORTY YEARS AGO,

2011-2012 income breakdown

Today we do, and I am honored to thank you for helping to make that possible. It takes a special kind of person to understand the importance of an endowment. Lots of people understand new buildings or new fields. Fewer appreciate the long range impact of a healthy endowment. I am very grateful that you do.

End Spe owmen ndin t g: 1 0.5%

McCallie’s headmaster could not have written a letter to the donors of the school’s endowment for the simple reason that McCallie did not have an endowment.

ing

in ta us l S 5% a nu 6.

An nd: Fu

%

r: 6.5

Othe

Tuition: 76.5%

During these challenging economic times, the family of funds that comprise our endowment have significantly benefitted the school in two ways.

First, the income from the unrestricted portion has given us the flexibility to respond to the growing requests for need-based financial aid. There are dozens of talented, deserving boys who would no longer be enrolled if the school had been unable to help. Second, the income from the restricted portion gave us the incentive and the funds to keep programs intact which less fortunate schools have had to eliminate.

It takes a special kind of person to understand the importance of an endowment.

Your generosity and your long-range vision are felt every day.

Sincerely,

R. Kirk Walker, Jr. Ph.D. ’69

1

STUDEN The Endowment funds need-based financial aid so McCallie can remain accessible to talented, deserving boys.

2

NTS

Financial Aid $$$

$$$

makes a difference (classes of 1988 - 2011):

187 national honor society members 176 prefects or resident advisors 81 keo kio inductees 80 national merit commended 52 national merit semifinalists 10 peglar awards for christian influence 9 salutatorians 8 tornado editors 8 campbell award winners 8 freddy mccallie award for community service winners 7 national school choral award winners 6 valedictorians 4 senate presidents 3 perfect act scores 3 pennant editors 3 all-american swimmers

4

(400 day( 243 boarding

+

upper school: 643 middle school: 246

TOTAL ENROLLMENT: 889 s t a n d a r d i z e d t e s t i n g r e s u lt s

$$$ $$$

40 organizations

$$$

student-centered

DATA

STUDENTS

91 In the Class of 2010,

students earned scores of

3 or higher on at least 3 AP exams.

100% of students abide by

the Honor Code

23 7 STATES

FOREIGN COUNTRIES

ENDOWED FUNDING

FINANCIAL AID MAKES A DIFFERENCE FOR BOYS

SCHOLARSHIPS

In 2011-2012,

McCallie’s need-based financial aid budget

will provide

$4,710,821 in financial aid for

302 students. financial aid awards

Students receiving financial aid

Since 2004,

average

aid

D ay

aid

boarding

over 50% of graduates have

enrolled in college on a

merit scholarship.

G: $1,671,476

*

*Calculated from 2011-12 designations of endowed funds and 2011 transfer to operations budget.

average

$22,819

Boarding

day

tuition

$11,386

46%

$20,953

29%

$39,285

tuition

GENERAL SCHOLARSHIP FUND Market Value: $296,206 ROBERT JOHNSON ALLISON ’54 MEMORIAL SCHOLARSHIP Market Value: $11,572 Established in 1959 in memory of Robert Johnson Allison ’54, an exemplary student and athlete who was killed in an automobile accident. Income from this fund is used to recruit young men of like character and abilities as those of Mr. Allison.

EDWARD M. ARMFIELD SR. ’33 SCHOLARSHIP FUND Market Value: $469,223 Established in 2002, the Edward M. Armfield Sr. ’33 Scholarship is awarded to deserving boarding students, with preference given to boys from the North Carolina counties of Guilford, Randolph, Rockingham, Surry, Alamance or Forsyth.

ROBERT HAMILTON BAILEY MEMORIAL SCHOLARSHIP FUND Market Value: $28,699 Established in 1995 by friends & family of Mr. Bailey, whose 25 year career at McCallie included Chairman of the History Department, Dean of Boarding Students, and Dean of Students. The Bailey Scholar is a senior who has contributed to the school community through his work and citizenship but has seldom been recognized for his efforts.

MIMI BEASLEY MEMORIAL SCHOLARSHIP Market Value: $202,294 Established in 2006 in memory of Miriam “Mimi” Beasley, a wonderful friend and encourager. This scholarship is awarded to boarding students who are in need of financial aid, with a preference given to minority students.

DAN S. BLALOCK ’49 HONORS SCHOLARSHIP Market Value: $548,358 Established in 1996 with a gift from Dan S. Blalock Jr. ’49, this merit-based scholarship fund will make full-tuition awards to Blalock Scholars in perpetuity.

BOWERS ENDOWED SCHOLARSHIP Market Value: $78,696 Established in 2006 by Mr. and Mrs. Bradley B. Cobb ’86 and Mr. and Mrs. Jeffrey C. Rachor, in honor of Mr. Nelson Bowers, the fund provides financial aid for day students.

WAYNE L. BOWMAN MEMORIAL SCHOLARSHIP FUND Market Value: $25,369 Established in 1994 through a bequest by Mr. Wayne L. Bowman, father of three McCallie alumni and grandfather of two McCallie alumni. Mr. Bowman established this fund to provide academic scholarships to deserving students.

WILLIAM J. BRANSTROM III ’59 SCHOLARSHIP FUND Market Value: $253,194 Established in 2004 by Mr. and Mrs. William J. Branstrom III ’59 as a need-based scholarship for deserving boys.

RICHARD A. BROCK ’33 SCHOLARSHIP FUND Market Value: $132,490 Established in 1998 by Mr. Richard A. Brock ’33, there are no restrictions on this fund.

THE MARGARET AND RICHARD A. BROCK ’33 SCHOLARSHIP IN MEMORY OF DR. COOPER H. MCCALL ’28 Market Value: $37,285 Established in 1995 to honor Dr. Cooper H. McCall ’28 for his long and distinguished career of medical and civic service in the Chattanooga community. Annual scholarships are awarded to students who exemplify the high standards of character CONTINUED ON PAGE 7…

5

STUDENTS

AID

“My Son Needs McCallie” An Interview with David McCandless ’11, and His Mom, Mary

WE ASKED

recent graduate, David McCandless, and his mother, Mary, from Winston-Salem, NC, to discuss their decision to attend McCallie, and we discovered the deep and lasting impact that merit-based scholarships had on their lives. The transcript follows.

GRADUATE: When I first heard about McCallie, I wasn’t too interested until I saw the rankings of the lacrosse team.

McCallie was worth a visit. Yet, as soon as I started getting excited about the idea of boarding school, my mom thought she had saved herself from becoming an empty nester by authoritatively telling me, “Son, we could never afford it.”

MOM: I kept playing the numbers in my head – how could we afford to send one child to an out-of-state college and enroll our son at McCallie and still make the house payment? What could be so special about this school? I wasn’t ready. But other parents tell you the 6

benefits of the sacrifice and you start making the mental transition from “my baby needs me” to “my son needs McCallie.”

...had it not been for merit scholarships and financial aid, I never would have [attended McCallie]. I am endlessly thankful...

GRADUATE: That was the beginning of my long path to McCallie that, had

it not been for merit scholarships and financial aid, I never would have tread. I am endlessly thankful to have attended McCallie.

MOM: We had invested a lot of our lives in our kids, and McCallie picked up the baton and helped us continue the race. There are great teachers in most schools, but there are so many great teachers at McCallie. We couldn’t have done it without people like Chet LeSourd, or Rev. Ed, or Mr. Mancke, or the Nichols, or the Newmans, or Miss Tina in the dining hall, or the nurses at the infirmary and so many others. It does take a village to raise a child – no

“We had invested a lot of our lives in our kids, and McCallie picked up the baton and helped us continue the race.” matter where they are. McCallie was the right place at the right time.

GRADUATE: McCallie allowed me opportunities like heart research, being vice-president of a leadership organization with a $20,000 budget, traveling to different continents, living in an honorbased community as an independent young man, having an AP chemistry teacher who wrote the exams, and viewing teachers as friends.

MOM: I assure you, we all made the right decision. Our son received an incredible education. It amazes me how disciplined and accomplished he has

become. Now he is attending college and that transition will be such a breeze given the firm foundation he has built here at McCallie.

GRADUATE: I found out in early March that I had won a full merit scholarship “with the kitchen sink” to Georgia Tech, my dream school. I am confident that I wouldn’t have been able to win the President’s Scholarship without my McCallie experience.

McCallie faculty, friends and donors, thank you so much for playing an integral part in making me fall in love with this town, this school, and the people like you who make it what it is.

SCHOLARSHIPS and service modeled by Dr. McCall.

MARGARET AND RICHARD A. BROCK ’33 SCHOLARSHIP IN MEMORY OF DR. ERNEST PATTON ’29 Market Value: $13,958 Established in 1995 to honor Dr. Ernest Patton ’29 for his excellent and loving care as a physician in the Chattanooga community. Annual scholarships are awarded to students who exemplify the high standards of character and service modeled by Dr. Patton.

W. LESTER BROOKS ’41 HONORS SCHOLARSHIP FUND Market Value: $619,525 Originally established as an operating scholarship fund, this fund was upgraded with an additional gift and became an endowed Honors Scholarship fund. As an Honors Scholarship fund, awards are given to boys of the highest character, leadership, and academic qualifications, as determined through the Honors Scholarship selection process. Further, priority shall be given to Honors Scholars in the following order: 1. boys from within a 100-mile radius of Charlotte, North Carolina 2. boys from North Carolina or South Carolina 3. boys from within the Honors Scholarship nominee pool.

Dr. Brooks initiated this full scholarship fund as a measure of his appreciation for the lasting positive influence McCallie had on him as a young boarding student from Charlotte.

EDWARD EMERSON BROWN ’07 MEMORIAL SCHOLARSHIP Market Value: $64,953 Established in 1959 to honor the life-long dedication of Edward Emerson Brown 1907, an original McCallie Trustee (1937-1959). Funds from this scholarship are restricted to the use of sons of McCallie alumni.

REEVES BROWN ’55 AND BILL COLE ’55 MEMORIAL SCHOLARSHIP Market Value: $24,688 Established in 1982 by the 1955 classmates of Reeves “Buster” Brown, a day student from Cleveland, Tennessee. In 1995, the name of the fund was changed to honor the two classmates, Buster and Bill, who were McCallie roommates for four years.

There are no restrictions on this fund.

BURNS - MCCALLIE SCHOLARSHIP Market Value: $85,122 Established in 2006 by DeCarol Williamson ’68 in memory of Major A.L. Burns and in honor of Sumner McCallie.

MAJOR ARTHUR LEE BURNS ’20 HONORS SCHOLARSHIP Market Value: $409,593 Established in 1997 with aggregate gifts from McCallie alumni who were UNC Morehead Scholars and other alumni and friends. This fund honors Major Burns and supports the Honors Scholarship Program.

MAJOR ARTHUR LEE BURNS ’20 MEMORIAL SCHOLARSHIP Market Value: $91,405 Established in 1993 by the family of Thomas W. Schlater ’48 as a memorial to Arthur Lee “Maj” Burns, a beloved French teacher and Dean of Students with 47 years of service at McCallie. The proceeds are to be given annually to a McCallie boarding student who embodies the values and character that Major Burns worked hard to instill within all of his students.

WINSTON P. CAINE III MEMORIAL SCHOLARSHIP Market Value: $98,264 Established in 2005 by the family of Dr. and Mrs. Winston P. Caine Jr. ’55, in memory of their infant son who died at the age of two. This scholarship fund provides CONTINUED ON PAGE 18…

7

STUDENTS

8

TRAVEL

STUDENT TRAVEL CLASS OF ’77 INTERNATIONAL TRAVEL SCHOLARSHIP Market Value: $58,722 Established in 2002 by the Class of 1977, proceeds are to be used to provide international travel opportunities to McCallie students and is named in honor of McCallie teacher, Thomas S. Boyd, AP Chemistry Teacher/Honors Chemistry Teacher.

Samaritan’s Feet Service Trip to Peru A Letter to Donors

To those who helped me take such a journey, Thank you for giving me the funds required to go on the Samaritan’s Feet trip to Peru. It was one of the best weeks of my life, not because of what I was able to do, but who I was able to reach. Without you, I would not have been able to console a little girl. She was crying after she got her shoes because she didn’t want to leave. She was sitting next to her sister and didn’t want to leave her side. Their parents had been in a messy divorce, and this was the first time they saw each other in several months. Being able to pray for them in Spanish, thanks to my Spanish teacher, Mr. George Dyer, and ask them about their dreams was more than I could ever have asked.

This upcoming summer, I’m planning on taking up an offer given by the missionary we met there last year to return and stay with his family while we do missionary work. Thanks to you, my life has been changed for the better; you have given me the opportunity to return and foster relationships started on that trip. If not for your help, I would not be the man I am today. I would not have seen true poverty and the joy glistening in the eyes of little kids when they see their new shoes.

Thank you for all you have given me and the opportunity to change the world, including myself.

With sincerest thanks, Jackson Tyler Houston ’13

ENDOWED FUND FOR SUPPORT OF MISSION TRIPS Market Value: $24,055 This fund was initiated in December of 2005 by Joe ’76 and Rebecca Haskins and is used to support boys who need financial assistance to participate in schoolapproved mission trips.

GLOBAL LEADERSHIP & SERVICE INITIATIVE Market Value: $56,662 Established in 2010 by Peter and Nancy Beck, parents of John ’11, the Global Leadership and Service Initiative strives to broaden boys’ awareness of global issues and cultures by providing grants for life-changing international travel experiences focused on academic study and community service.

gage with school-sanctioned mission trips to disaster or impoverished areas where human need is apparent.

This fund will be a perpetual incentive to both teachers and students as they consider their responsibility to their fellow man. By providing critical funding to underwrite costs for a teacher or student to participate, it will help ensure that financial means will never be a deterrent to engaging in a potentially life-changing mission experience.

LULA LAKE FUND Market Value: $97,528 Established in 1994 by Stephen C. Schram ’75, this fund is an endowment to help boarding students pursue a personal goal or develop a special skill. This could take the form of attending a clinic or a camp for a given sport, spending time in an international setting, or strengthening a talent for the arts or a special interest for personal development.

MACON G. PATTON ’54 FUND FOR CHRISTIAN PROGRAMS Market Value: $244,973 The Mac Patton Fund will underwrite activities with a specific Christian focus, whether they be adult activities, such as Christian retreats, INTERNATIONAL TRAVEL summer grants, or leadership SCHOLARSHIP FUND activities; or student-centered Market Value: $113,978 Established in 2000 by Karen Christian activities, such as retreats, mission trips, Bible and Scott Matthews Jr. ’66, studies, or vestry leadership with additional funding by Betsy and John McBrayer ’75 activities. The objective of the principal donor is to ensure and Neille and Alan Wilson, that the proceeds of the Mac the object of this fund is to Patton fund will broaden and help ensure that every Mcenhance Christian activities at Callie student has equal opMcCallie. portunity to benefit from the personal growth that results PROGRAM FOR from participation in school EXCELLENCE IN sponsored foreign travel or ENVIRONMENTAL study trips.

STUDIES Market Value: $229,399 KNOX ENDOWED FUND Established in 1993 by an FOR MISSION TRIPS anonymous donor, the goal Market Value: $48,890 of this fund is to bring about The Knox Endowed Fund in McCallie students new for Mission Trips provides environmental awareness and permanent funding to help appreciation, with a long-term develop servant-leaders as teachers and/or students en- objective to change environCONTINUED ON PAGE 21...

9

FA C U LT The Endowment funds faculty recruitment and development that ensures the finest teachers and teaching methods for the next generation of McCallie students.

10

TY 11

FACULTY

DATA

masters &

doctorates

Student : faculty ratio 130 full- & part-time faculty 70 masters degrees 7 doctorates

THE faculty development plan is an ongoing process to:

1. Revitalize the individual Faculty 2. Remind teachers why they wanted to become teachers in the first place 3. Allow the Faculty to give contributions back to the community 4. Enhance the work between the Faculty and students and between the Faculty and other Faculty Members 5. Allow the Faculty to rediscover “a joyful curiosity�

6. Improve morale, attitudes, knowledge, and skills 7. Provide for discussions with other Faculty 8. Allow the Faculty to become more involved and active in his/her own field 9. Allow the community a chance to show it values and appreciates the Faculty.

12

boarder : residential faculty ratio

:

8.8 : 1

:

6.5 : 1

nearly

1/2 14 average class size of instructors

live

on-campus

ENDOWED FUNDING

summer renewal and study grants:

FACULTY FUNDS

Climbing the Summits of Romanticism: Mount Blanc, Eiger, and the Matterhorn Michael Lowry, Physics/Chemistry/Biology Teacher

In his grant proposal, Michael noted, “I have to demonstrate how it will rejuvenate me as an educator and what kind of return McCallie can expect on its investment.” His award led to climbing the highest peaks in Europe and exploring how the Romantic period in art, literature and music was deeply influenced by the natural world, particularly the stunning realm of the Alps. “This grant was about putting me way outside my comfort zone,” he said. “I can connect it directly to my work in the classroom.”

Meeting Michelangelo

Lynn Winningham, Art Teacher

Having long been a fan of Michelangelo’s work and place in history, Lynn wanted an experience far beyond the art books. Her trip to Florence, Rome and Venice left her fascinated with the sense of scale and beauty unmatched by photographs in a book. “I just had to go to his world to see and feel it for myself,” she noted. “Now I am able to share fully with my students the wonder and the talent of Michelangelo.” The trip also inspired Lynn to develop a new art history class.

Cosmopolitanism: Ethics in a World of Strangers – Exploring the Possibilities Ed Snow, Chair of Christian Ethics

With a goal to explore the concept that “the ideology that all human ethnic groups belong to a single community based on a shared morality,” Rev. Snow traveled to China to discover how that culture is taking ancient traditions and applying them to the complexities of modern life. The trip fulfilled all expectations. “I came back rejuvenated and excited,” he said. “I’ve already had plenty of situations where my experiences with the grant have turned into something really good with the students.”

On the Trail of Lewis & Clark

Bart Wallin ’99, Middle School History Teacher

“Steinbeck had Charley; I have my father to go on a lifetime’s adventure,” wrote Bart Wallin in his grant application. Traveling in some of the same footsteps as that famous journey, Bart and his dad climbed Mt. Hood, walked the final leg of Lewis and Clark’s trek to the sea, and explored Crater Lake. Not only did he create a rich personal experience with his dad, but Bart came home with a great lesson for his students. He shared, “Take risks! I can encourage students to take risks and still feel secure trusting their teachers.”

G: $1,372,998

*

*Calculated from 2011-12 designations of endowed funds and 2011 transfer to operations budget.

ALUMNI CHAIR OF MATHEMATICS Market Value: $863,658 Established in 1988 to honor three McCallie alumni who returned to McCallie to become master teachers of mathematics: Chalmers M.S. McIlwaine Sr. ’21, C. Houston Patterson ’43, and John T. Pataky ’49.

HOWARD. H. BAKER JR. ’43 CHAIR OF AMERICAN HISTORY Market Value: $788,847 Established in 1986 by McCallie alumni, parents, and friends in honor of Senator Howard H. Baker Jr. ’43. Its purpose is to recognize and underwrite superior teaching of American History at McCallie.

RAFE BANKS JR. ’35 FUND Market Value: $611,018 Established in 1998 by Mrs. Rafe Banks, this endowed fund will support McCallie’s dedicated teaching faculty.

The Banks family wishes to help strengthen the professional skills of McCallie’s teachers and to encourage them to continue their pursuit of excellence in their chosen profession.

special area of expertise is the teaching of writing.

HARDWICK CALDWELL JR. ’40 CHAIR OF CHRISTIAN ETHICS Market Value: $2,360,549 To celebrate and enhance McCallie School’s deep commitment to the Bible and its teachings, the Hardwick Caldwell Jr. ’40 Chair of Christian Ethics has been established. Its mission is to give future generations of McCallie graduates a solid foundation in using Biblical values to confront and resolve life’s ethical challenges.

Students will be taught ethics from a Judeo-Christian perspective and will apply those lessons through case studies and scenarios, with the expectation that they will have a clear understanding of how to “glorify God” through the decisions they make in both their personal and professional lives.

CLASS OF ’77 DEAN WARREN JAMES TEACHER OF ENGLISH AWARD Market Value: $32,996 Established soon after graduation from McCallie by the Class of 1977 and presented to the school in 1997, this fund honors long-time Dean of Students A. Warren James.

An annual monetary award will be presented to the most senior teacher of English and will rotate among the top five.

BOYD FUND FOR FACULTY DEVELOPMENT Market Value: $12,179 Established in 1986 by David A. Boyd ’57, an outstanding McCallie scholar, this fund is designated for the support of GEORGE H. CORNELSON professional and personal op- ’49 ENDOWED FUND Market Value: $302,595 portunities for the faculty.

Established in 1986 by Mr. George H. Cornelson ’49 to CALDWELL CHAIR OF enhance the quality of dormiENGLISH COMPOSITION tory life for freshmen boarding Market Value: $894,432 students by providing Established in 1989 by permanent financial support Hardwick Caldwell Jr. ’40, for a superior program of Robert Caldwell ’41, L. extracurricular and weekend Hardwick Caldwell III ‘66, activities. This fund will enable Robert Caldwell Jr. ’67 and the freshman dorm head to the Caldwell Foundagive each boy in his dorm tion. The purpose of this endowed chair is to enhance closer, more frequent contact with an adult who monitors the instruction of English his adjustment to boarding Composition at McCallie school life and helps him deby appointing to the faculty velop into a mature student. a master teacher whose CONTINUED ON PAGE 15...

13

FACULTY

DEVELOPMENT

Lance Nickel with students in 1978.

No Regrets

IT WAS 1974, and I drove from Vanderbilt to Chattanooga to inter-

view for a math teaching job. I was honest in the interview, saying I had never planned to teach high school and that my goal was to get back to Vandy to take another crack at my dissertation. At the end, Spencer McCallie said, “You are the first of three people we are interviewing for this position. We’ll get back to you in two or three weeks.”

14

Two weeks passed. Then three.

Then four. Finally I decided to call. To the best of my recollection, the conversation went something like this: “Hello, Mr. McCallie. This is Lance Nickel.”

“Do I know you?”

“I interviewed for a math teaching job four weeks ago.”

“Oh yes, Vance.” (He did call me Vance.) “I’ve been meaning to call you.

Here’s where we are: we don’t believe you’ll be happy teaching high school; and then you’ll leave after a year, and we will have to do this all over again next year. But, the other two guys turned us down, so if you promise you’ll stay for two years, I guess we’ll offer you a contract.”

With that overwhelming vote of confidence, three weeks later I was teaching Algebra II in McCallie Summer School. I was telling this story to a couple of guys in the dorm, and one of them asked a very perceptive question, “So,” he asked, “do you have any regrets?” I was stopped in my tracks. I couldn’t give him an honest answer. I had never thought about it.

In the mid-1980s, the McCallie faculty embarked on what I believe is the closest we have ever come to a school-wide investigation of a central theme. We asked, What is learning and what constitutes masterful teaching at McCallie School? Out of those investigations and discussions came a profes-

Please invest time and dollars in professional excitement…I became a math major primarily to see what my master teacher, Dr. Donald Pilgrim, was so excited about. sional development program and a mentor program that was nationally recognized and envied. We had some mentors ourselves in our quest for answers. In a time when checklists were being developed across the nation to evaluate teaching, David Purpel taught us checklists don’t matter. He said it is far more critical for schools to discover what is important to teach. We stumbled upon Joseph Lowman and his book, Mastering the Techniques of Teaching, which became our bible for several years.

In his book, Lowman describes a two-dimensional model of masterful teaching. He says the master teacher must score high in two domains: intellectual excitement and interpersonal rapport.

Interpersonal rapport creates an atmosphere where students are comfortable and can learn. It is an environment where they have a stake in their own education and are motivated to learn. In the best of all worlds, they want to learn simply because of their personal connection with the teacher.

But in my opinion, it is the other dimension, intellectual excitement, where we really catch our students’ attention – when they see us as lifelong

learners, when they see our passion for our disciplines, when they see us reading books for pleasure, when they see us having discussions. And that is what I am going to miss most when I leave McCallie School. I’ll miss the thousands of conversations I have had with many of you about not only mathematics, but also science, linguistics, history, politics, current events, economics, you name it. I believe modeling academic passion for our guys is the one tool we all possess that will impact the quality of life of our students for years to come.

David Purpel also taught us that schools are incapable of listing priorities. Rather, he said, schools vote priorities according to how they spend their dollars and how they utilize faculty time. Please invest time and dollars in professional excitement. I am convinced that I became a math major primarily to see what my master teacher, Dr. Donald Pilgrim, was so excited about. I would be delighted if even one of my students chose his path because of something he saw in me.

Oh, and by the way. I went back to that guy in the dorm who asked what, at that time, for me was an unanswerable question. I wanted him to know, and I want you to know…no, I don’t have any regrets.

FACULTY FUNDS DAVENPORT FUND FOR PROFESSIONAL DEVELOPMENT Market Value: $567,795 Established in 1997-1998

by R.B. Davenport III ’46, this fund provides ongoing support for professional development experiences for McCallie’s teaching faculty.

ENDOWED FUND FOR SUPPORT OF FACULTY SALARIES Market Value: $19,180 Established 2005 to provide financial support for faculty salaries.

BRICKFORD FAUCETTE ‘70 ENDOWED FUND FOR FACULTY SUPPORT Market Value: $10,394 Established in 1998 by Brickford Faucette ’70, this endowed fund will be used for the support of McCallie’s faculty.

EDWARD E. FORD FOUNDATION FUND Market Value: $84,809 Established in 1992 by the Edward E. Ford Foundation for professional development activities of McCallie’s faculty.

LAPSLEY WALKER HAMBLEN ‘13 MEMORIAL FOR FACULTY SALARY SUPPLEMENT Market Value: $15,810 Established in 1986 by The Honorable Lapsley W. Hamblen Jr. ’43 in memory of his father. The gift is designated to enhance faculty salaries.

Glenn Hanes’ appreciation for McCallie’s effectiveness with students who entered with their academic abilities unproven and sometimes unchallenged.

JAMES G. HANES FACULTY SALARIES/ PROFESSIONAL DEVELOPMENT FUND Market Value: $78,951 Established in 1997 by James G. Hanes III ’61 and his brother Eldridge C. Hanes.

This fund will support salaries and professional development for McCallie’s outstanding teaching faculty.

WILLIAM R. KENAN JR. ENDOWMENT FUND Market Value: $5,111,802 Established in 1988, the grant’s objective is to support high quality and effective teaching at McCallie by supporting faculty salaries and professional enrichment.

ENDOWED FUND FOR PROFESSIONAL DEVELOPMENT HONORING JIM MANCKE AND LINDA SNODGRASS Market Value: $20,347 Established in 1997 by Mr. and Mrs. George Peagler Jr., this fund honors Jim Mancke, School Counselor, and Linda Snodgrass, Academic Dean, in appreciation of their thorough dedication to students with all learning styles and personalities. This endowed fund will provide ongoing professional development opportunities for all teaching faculty.

GLENN HANES ’61 FUND FOR PROFESSIONAL MATH PROGRAM GROWTH ENDOWED FUND Market Value: $24,283 Market Value: $8,220 Established in 2000 by a gift Established in 1993 by Marfrom Mr. and Mrs. William F. Womble Jr. ’60 and friends of cus H. Rafiee ’80, this fund provides permanent support Glenn Hanes ’61. This fund supports the faculty summer for program expenses renewal grants program after related to the mathematics first funding an annual award chairholder’s departmental leadership activities. given to a senior boarding student who has shown outstanding personal growth CONTINUED ON PAGE 17... while attending McCallie School. The fund recognizes

15

FACULTY

TRAVEL

What Our Teachers Did This Summer Study and Renewal Grants

TELEVISION, IT HAS BEEN said, can be very influential. Gordon Connell can vouch for that statement.

While watching “Ancient Aliens” on the History Channel last summer, Mr. Connell says he was blown away during a segment on Machu Picchu.

The ruins of Machu Picchu, considered one of the New Seven Wonders of the World, are the intricate remains of an ancient Incan civilization high in the Andes Mountains of Peru.

Much of the stone structure of a city, dating back to at least the early 1400s, is intact, revealing small clues about one of Earth’s mysterious societies.

“I was mesmerized by this TV show where Machu Picchu was the masterpiece of ancient structures,” the Middle School science teacher says.

“How did they come about 3,000 years ago? How could they get 50 ton rocks to a place up on a mountain, 16

rocks that are so perfectly cut that you can’t slide a razor blade in between the joints?”

Mr. Connell traveled to Peru in mid-July on a travel and renewal grant and made the trek to this mountaintop civilization to see the remarkable site and stonework firsthand.The journey to Machu Picchu covered five days including a four-day hike from the starting point of Cuzco, Peru.

Mr. Connell, who has visited all 50 states, considers himself an experienced traveler. Before his trip to Machu Picchu, he had never ventured south of the Equator.

“I’ve done a lot of traveling, but Machu Picchu may be the ultimate experience because it is such an incredible place,” he says. “It was truly everything I hoped it would be and one of those things that I will remember forever.”

Gordon Connell, upper school teacher, traveled Machu Piccu on a Summer Study and Renewal Grant.

FACULTY FUNDS FREDERICK MADDIN MCCALLIE CHAIR OF CHRISTIAN FELLOWSHIP Market Value: $455,249 Established in 1986 to honor Freddy McCallie ’79, who died of cancer on October 13, 1986. The fund enables teachers and students to participate in a wide variety of Christian activities throughout the year.

MCCALLIE FELLOWS PROGRAM Market Value: $991,073 Established in 2004 by Mr. and Mrs. Edward G. Michaels III ’60 to strengthen McCallie’s ability to attract and retain exceptional teachers, this fund recognizes and rewards teachers who have had a profoundly positive impact on both the academic and character development of their students.

JOHN T. PATAKY ’49 ENDOWED FUND FOR THE SUPPORT OF FACULTY Market Value: $16,389 Established in 1996 by Mark Williamson ’77, this fund supports faculty salaries with the intention that it will help McCallie attract and retain outstanding teachers in the mold of the veteran teacher and coach, John Pataky ’49.

HOUSTON PATTERSON ’43 AWARD FUND Market Value: $150,578 Endowed in 1996 by boarding student alumni who have deep feelings for Houston Patterson ’43, this fund underwrites an award given annually to acknowledge and encourage teachers’ exceptional compassion and support for McCallie boarding students. The award is given in a spirit of affirmation of the vital and powerful role that McCallie teachers and administrators play in the lives of the students they serve. It is given for the purpose of providing a significant vacation for the faculty recipient.

PETER PELHAM ’53 FACULTY ENRICHMENT FUND Market Value: $59,421 Established in 1981, by Thomas W. Wade Jr. ’52 in memory of his cousin William Peter Pelham ’53, who was killed in a plane crash in 1976.

Proceeds from this fund are designated for faculty summer travel to further their education in their discipline.

DR. WILLIAM L. PRESSLY ENDOWED FUND FOR EXCELLENCE IN TEACHING Market Value: $1,994,058 Established in 1989 to honor a man whose life has stood for excellence in teaching, Dr. William Laurens Pressly, proceeds from this fund are used to perpetuate a great teaching tradition at McCallie by supporting faculty professional development programs.

DR. THOMAS S. ROYSTER JR. ’36 FUND Market Value: $274,255 Established in 1986 by Dr. Thomas Sampson Royster Jr. ’36. These funds are to be used for any support of faculty.

SCHRAM FUND FOR PROFESSIONAL DEVELOPMENT Market Value: $48,711 Established in 2003 by Stephen C. Schram ’75 to supplement the administration’s program of professional development for teachers.

JOSEPH GLENN SHERRILL CHAIR OF BIBLE Market Value: $881,546 Established in 1986 by Rodolph G. Sherrill ’56 and his sister, Mrs. Robert C. (Glenda) Hamilton in memory of their father. Proceeds from this fund are designated to enhance the instruction of Bible at McCallie.

CONTINUED ON PAGE 22...

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ADDITIONAL FUNDS STUDENT AID CONTINUED...

WILLIAM NEEL ‘SPANKY’ CARPENTER ’69 MEMORIAL SCHOLARSHIP CONTINUED FROM PAGE 9 Market Value: $20,978 Established in 1999 with gifts WINSTON P. CAINE III from members of the Class of MEMORIAL SCHOLARSHIP ’69 on the occasion of their CONTINUED... need-based 30th reunion, this fund honors financial aid to day students of the memory of Spanky Carpromise from the Chattanooga penter, a long-time Christian area. Given the outstanding missionary to New Guinea who athletic ability of Dr. Caine died in 1998. The fund will and his sons, Stephen ’86, provide scholarship support Matthew ‘88, and Adam ’89, for deserving McCallie boys preference will be given to an whose families are involved upper school athlete whenever directly with full-time Christian possible. service.

JAMES C. CRAWFORD JR. ’44 MEMORIAL SCHOLARSHIP Market Value: $210,594 Established in 2007 by his son W. Kirk Crawford ’77, this endowed scholarship fund will provide need-based financial aid in perpetuity to boarding students from North Carolina or South Carolina, whose families demonstrate financial need in order to attend McCallie. These STERLING RUFFIN gifts were made with the underCOLLETT JR. ’32 standing that the recipients will SCHOLARSHIP FUND be boys whose personal faith is Market Value: $70,257 demonstrated through Christian Established in 1996 in memory service in church or community HARDWICK CALDWELL JR. I. V. CHANDLER of Sterling R. Collett Jr. ’32. activities. Further, recipients will ’40 HONORS SCHOLARSCHOLARSHIP FUND Funds are to be used to probe of high moral character and SHIP Market Value: $309,677 vide financial aid for boarding academic standing, following Market Value: $1,230,675 Established in 1981 to honor students from North Carolina. in the footsteps of the scholarEstablished in 2000 with a I.V. Chandler, father of Robert ship’s namesake, James C. leadership gift from Hardwick Chandler ’66. Proceeds are CHARLES AND Crawford Jr. ’44.

Caldwell Jr. ’40, this meritused as McCallie tuition assis- MARTHA COLVIN based scholarship fund will tance for students from Dalton MEMORIAL SCHOLARSHIP DAVENPORT make full-tuition awards to or North Georgia.

Market Value: $8,488 SCHOLARSHIPS Caldwell Scholars in perpetuity.

Established in 1991 in memory Market Value: $127,116 CHATTANOOGA TIMES of Charles and Martha Colvin, Established in 2003 by Gordon BOB AND SUSAN CARD ’66 (OCHS) SCHOLARSHIP parents of William G. Colvin Davenport ’77 to support day ENDOWED SCHOLARSHIP Market Value: $37,303 ’69, through a bequest from students who qualify for needMarket Value: $127,988 Established in 1945 by the the estate of Mrs. Charles H. based aid.

The Susan and Bob Card Ochs family, this scholarship is (Martha) Colvin Jr. There are no ’66 Endowed Scholarship, to be awarded to a Hamilton restrictions on this fund.

DAY SCHOLARS PROGRAM established in 2007, provides County student each year.

Market Value: $99,984 need-based financial aid to COTTER FAMILY A need-based financial aid boys of promise and worthy CLARK FAMILY ENDOWMENT FOR program, the Day Scholcharacter, with preference SCHOLARSHIP FUND MINORITY SCHOLARSHIPS ars Program is designed given to boys from Bradley Market Value: $120,268 Market Value: $243,158 for rising ninth grade boys County, Tennessee.

Established in 2006 with a gift Established in 2005 by the and recognizes outstanding from the family of George M. family of E. Robert Cotter Jr. leadership, character and CAROLINAS Clark Jr. ’50 through The Clark ’33, E. Robert Cotter III ’69, academic performance among HEADMASTER’S Foundation, this need-based and Brian James Cotter ’05, day school applicants from SCHOLARSHIP scholarship provides financial this scholarship fund is part of the Chattanooga region. This Market Value: $328,522 aid for worthy day students.

McCallie’s Diversity Initiative program is funded by a variety Established in 1999 with gifts Whenever appropriate, prefer- Scholarships. Scholarships of forward-looking alumni and in honor of Headmaster Spen- ence shall be given to the sons are to be awarded to talented parents and parallels the highly cer McCallie III from alumni in of full-time Christian service minority students with the intent successful boarding school North and South Carolina, this personnel. that these students will enrich Honors Scholars Program. The merit-based scholarship fund and broaden the entire student vision is to provide need-based will provide half-tuition awards CLASS OF ’69 body with their presence and financial aid and extraordinary to runners-up in the Honors SCHOLARSHIP FUND their engagement in the Mceducational experiences for Scholarship Program, with Market Value: $63,662 Callie culture. Preference shall highly talented local area boys preference given to finalists Established in 2004 by Mr. be given to African-American whose academic skills might from North or South Carolina, William M. Choate in honor of students. otherwise go undeveloped. when applicable. the 35th reunion of the Class of ’69.

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FLORENCE JEAN COLEMAN MEMORIAL SCHOLARSHIP FUND Market Value: $126,888 Established in 1986 in memory of Florence Jean “Flo” Coleman, a McCallie Spanish teacher and freshman boarding student advisor who died in an automobile accident.

There are no restrictions on this fund.

DICKSON HONORS SCHOLARSHIP Market Value: $2,159,063 Established in 1996 with a gift from the Dickson Foundation, this endowed, fully meritbased scholarship fund will provide full tuition for Dickson Honors Scholars in perpetuity.

MCCALLIE SCHOOL DIVERSITY SCHOLARSHIP FUND Market Value: $118,225 Initiated in 2002 in partnership with the E. E. Ford Foundation, this fund is intended to enhance the total experience for the broad school community by helping to provide an uncommonly fine educational opportunity to a more culturally diverse student body.

DR. THOMAS MCCALLIE DIVINE ’20 MEMORIAL SCHOLARSHIP FUND Market Value: $131,273 Established in 1982 by Dr. Divine’s children, Mary Hills ‘Presh’ Divine Gill, Thomas Divine Jr. ’46, and Elinor Divine Benedict. There are no restrictions on this fund.

TRUMAN DENT DONOHO JR. ’38 SCHOLARSHIP Market Value: $105,787 Established in 1959 by Mr. and Mrs. Truman D. (T.D. and Louise) Donoho in memory of their son for the purpose of providing financial aid for deserving boys.

DOORKEEPERS’ FUND Market Value: $260,812 Established in 2002, this fund supports need-based financial aid in a Biblical context in which the donor is acting in faith with McCallie to give financial assistance to deserving McCallie boys, and the boys are acting in faith to give themselves to the McCallie experience.

SHERWOOD D. DUDLEY ENDOWED SCHOLARSHIP Market Value: $12,041 Established in 2004 by Mr. and Mrs. Sherwood D. Dudley and given to a boy of high character standards.

ATWELL DUGGER ’45 SCHOLARSHIP FUND Market Value: $92,080 Established in 1994 by Atwell Dugger ’45 through a charitable remainder annuity trust, this fund is to be awarded to a first year Junior student or second year Senior student.

DUNAVANT HONORS SCHOLARSHIP Market Value: $1,939,991 Established in 1997 with a gift from William B. Dunavant Jr. ’50, this merit-based scholarship fund will provide full tuition awards to Dunavant Honors Scholars in perpetuity.

GARY C. ERTEL MEMORIAL SCHOLARSHIP FUND Market Value: $20,354 Established in 1994 by family and friends in memory of Gary C. Ertel, father of Jay Bradfield Ertel ’94, for the purpose of financial aid for deserving boys.

MCCALLIE FACULTY ENDOWED SCHOLARSHIP Market Value: $36,259 Established in 1992 by an anonymous member of McCallie’s faculty in the name of and in honor of the McCallie faculty.

The scholarship, whose corpus will grow through gifts from the faculty, will be awarded to the exemplary McCallie student who represents the McCallie ideals of honor, truth, and duty.

In making this grant, the faculty focuses on helping McCallie attract and retain competitive students with high personal and academic standards. A Faculty Scholar will be named annually.

THE FAULKNER EMERGENCY FUND Market Value: $170,243 Established in 2006 with a gift from Buddy and Sally Faulkner in memory of Sally’s father, C. Frank Kireker Jr., this fund is to be used as a “back up” resource for financial aid families who need temporary financial assistance and is to be administered by the Director of Financial Aid, who has discretion about allocation and timing of the available annual resources. No preference shall be given to day or boarding students.

FOUNDERS SCHOLARSHIP Market Value: $59,321 This scholarship was established on McCallie School’s centennial, September 20, 2005, by the Washington D.C. Alumni Chapter to honor the school’s founders, Spencer Jarnagin McCallie and James Park McCallie.

Preference of this scholarship should be given to a boarding student who in the opinion of the School exemplifies the high standards of character, service, and values articulated by the founders.

DR. ROBERT H. GREER ’53 ENDOWED SCHOLARSHIP Market Value: $51,641 Established in 2006 by Dr. and Mrs. Robert H. Greer ’53 as a need-based scholarship for deserving boys.

HARRIS SCHOLARSHIP FOR DAY STUDENTS Market Value: $55,271 Established 2006 by Ed Good ’63 in memory of his cousins, Mr. and Mrs. Kenneth P. Harris, who shared their home with Ed during his years at McCallie.

JOSIAH JACKSON HARRISON ’27 MEMORIAL SCHOLARSHIP Market Value: $14,310 Established in memory of Josiah Jackson Harrison Sr. ’27, an outstanding student and athlete. There are no restrictions on this fund.

JOE AND REBECCA HASKINS ’76 ENDOWED SCHOLARSHIP Market Value: $123,202 Established in 2005 by Dr. and Mrs. Joseph M. Haskins ’76, this fund provides financial aid for students, with preference

given to sons of pastors or missionaries.

November 25, 1988. Proceeds from this fund are designated for use in conjunction with HEADMASTER’S scholarship recipients as SCHOLARSHIP HONORING discretionary money for the SELBY & RICHARD MCRAE admissions office to use for the Market Value: $751,241 purchase of books, supplies, Established in 1999 by the program expenses, etc.

Richard McRae Jr. family in honor of his parents Selby A. WARREN JAMES ’43 and Richard McRae and in ENDOWED SCHOLARSHIP honor of Spencer McCallie III. FUND This merit-based scholarship Market Value: $246,851 fund will provide partial tuition Established in 1991 by the awards to runners-up in the Tonya Foundation to honor A. honors scholarship program in Warren James ’43 for his 38 perpetuity. years of service to McCallie.

The scholarship is to be made HEADMASTER’S available to a day student.

SCHOLARSHIP HONORING SPENCER MCCALLIE III ’55 JAMES C. JOHNSON Market Value: $1,174,735 EDUCATIONAL AND Established in 1998 as a ENDOWMENT FUND tribute to retiring headmaster Market Value: $522,745 Spencer McCallie III ’55, Established in 1973 by James this merit-based scholarship C. Johnson as a means of fund will provide half-tuition expressing his admiration for awards to runners-up in the McCallie. Mr. Johnson, owner Honors Scholarship Program of Chattanooga Mattress in perpetuity.

Company, supplied mattresses to the boarding school.

HEMPHILL FOUNDATION SCHOLARSHIP FUND JOHNSON MEMORIAL Market Value: $66,215 SCHOLARSHIP Established in 2002 by Sonny Market Value: $40,701 Morris ’62 as a trustee of Established in 1985 by Col. the foundation, this fund will Richard S. Johnson Sr. ’33 provide need-based financial in memory of his son 2nd Lt. aid to deserving students who Richard Sandusky Johnson Jr. exemplify the McCallie ideals ’62 USMC and his wife Alma of scholarship and character.

Hall Johnson. The scholarship is awarded to sons or SAMUEL B. HOLLIS ’47 grandsons of McCallie alumni ENDOWED SCHOLARSHIP who graduated between 1933 FUND and 1966 (inclusive). Richard Market Value: $113,083 S. Johnson Jr. ’62 was killed Established in 1998, the Sam in action in Vietnam on March Hollis ’47 Scholarship Fund 26, 1967. supports talented students with a preference given to JOHN SIKES JOHNSTON boarding students when ’55 MEMORIAL possible.

SCHOLARSHIP Market Value: $75,639 CARTER W. HOPKINS Established in 2004 by Mrs. FAMILY FINANCIAL AID Gretchen Johnston Carpenter ENDOWMENT as a memorial to her late Market Value: $112,381 husband.

Established in 2003 by Mr. Carter W. Hopkins ’58 to WILLIAM D. JONES III provide need-based funds for MEMORIAL SCHOLARSHIP boys of high character stand- Market Value: $5,606 ards in keeping with the values Established in 1986 by Mrs. of the Hopkins Family.

William D. Jones, mother of William D. Jones IV ’81, DR. WILLIAM PARROTT in memory of her husband, HUST ’68 MEMORIAL FUND “Buddy” Jones. This special Market Value: $16,614 scholarship is awarded to the Established in 1993 by McMcCallie Junior who works Callie alumni and friends to hard at his studies but has honor Bill Hust ’68 who died never received many honors.

Jr. ’45, a one-year boarding student from Greenville, Kentucky, this need-based scholarship fund is to be used to enhance the quality of life for boys from his home area, especially boys from disadvantaged backgrounds. Mr. Martin’s deepest hope during his lifetime was to share his good LIPSCOMB FAMILY fortune with upcoming generaFOUNDATION tions by empowering them to SCHOLARSHIP FUND have the same educational Market Value: $78,173 advantages he experienced Established in 1995 by Mr. and Mrs. Ralph Cheek through at McCallie School during his formative years. a gift from the Lipscomb Family Foundation. There are MCCALL FAMILY no restrictions placed on this ENDOWED SCHOLARSHIP scholarship.

FUND Market Value: $135,305 LLOYD ENDOWED Established in 1998 by an SCHOLARSHIP earlier gift from Henry C. McMarket Value: $88,697 Call, this scholarship fund will Established in 1991 with an initial gift from Charles F. Lloyd provide financial assistance for ’53 in memory of his wife, Lynn boarding students.

Blubaugh Lloyd, whose dream was to provide a McCallie op- GEORGE F. MCCANLESS JR. ’51 ENDOWED portunity for a deserving boy who otherwise could not afford SCHOLARSHIP it, and in honor of his parents, Market Value: $42,906 Albert E. and Helen R. Lloyd, in Having received two D’s appreciation for their sacrificial in second year Algebra at decision to allow him to attend his hometown high school, McCallie as a boarding student George McCanless ’51 profrom 1949 to 1953. A second ceeded to flunk his entrance exam to McCallie. This gift was made in 1992 by Mr. required him to attend the McLloyd following the death of Callie summer school. Upon his mother to recognize her graduating from McCallie two commitment to the service of years later, he was admitted to others. The scholarship will the Massachusetts Institute of provide aid to a boy whose Technology where he earned family demonstrates financial two B’s in freshman Calculus. need to attend McCallie.

After graduating from M.I.T., he There are no restrictions on went on to an interesting cathis fund. reer with NASA. He is eternally grateful to McCallie for turning LOCAL INVESTMENT ENDOWED SCHOLARSHIP his life around.

FUND GEORGE F. MCCANLESS Market Value: $21,763 SR. ’22 MEMORIAL Initiated in 2010 with an SCHOLARSHIP anonymous gift, this fund will Market Value: $92,779 provide permanent needEstablished in 2001 in memory based scholarship support of Judge McCanless. Judge for Chattanooga area boys, empowering McCallie to reach McCanless served with distinction as the Tennessee State out more effectively to the community that has supported Attorney General and Supreme Court Justice. This scholarthe donor’s primary business for many years. Scholarships ship is awarded to a day or boarding student whose high are to be awarded to boys of level of character would have high character and academic been appreciated by Judge potential.

McCanless.

FELIX E. MARTIN JR. ’45 ENDOWED SCHOLARSHIP RADM FRANCIS DOUGLAS MCCORKLE ’21 MEMORIAL Market Value: $2,568,632 SCHOLARSHIP FUND Initiated in 2008 with a gift from the estate of Felix Martin Market Value: $15,768 FRED W. LAZENBY ’50 SCHOLARSHIP FOR MINORITY STUDENTS Market Value: $544,456 Established in 1986 by Ted Lazenby ’50, this fund provides financial aid for minority students.

Established in 1993 in memory of her late husband Rear Admiral Francis D. McCorkle ’21, Mrs. McCorkle requested that her gift be used as financial assistance for McCallie students. Admiral McCorkle was a distinguished World War II Naval figure and later commanded the battleship USS New Jersey during the Korean War. There are no restrictions on this fund.

THE MCCRAVEY FAMILY SCHOLARSHIP FUND Market Value: $77,509 Established in 2007 through a bequest from Mrs. Helen W. McCravey, this fund will support talented students with a preference given to students from North Georgia.

DR. WILLIAM E. MCDONALD ’53 ENDOWED SCHOLARSHIP Market Value: $49,892 Established in 2006 by Dr. William E. McDonald ’53 as a need-based scholarship for deserving boys.

MCDONALD HONORS SCHOLARSHIP Market Value: $621,287 Established in 1999 with a commitment from John H. McDonald ’50, this merit-based scholarship fund will provide full-tuition awards to McDonald Honors Scholars in perpetuity.

WILLIAM SCOTT MCGINNESS ’31 MEMORIAL SCHOLARSHIP FUND Market Value: $107,227 Established in 1991 to honor Bill McGinness ’31 and to remember with gratitude the impact McCallie School had on him. Donors have dedicated this endowment to help future generations of McCallie students develop character as they grow academically. There are no restrictions on this fund.

CHALMERS MOORE STIRLING MCILWAINE JR. ’58 MEMORIAL SCHOLARSHIP Market Value: $130,006 This fund was established in in 1982 1982 byby thethe classmates classmates of of C.M.S. C.M.S. McIlwaine McIlwaine Jr. Jr. ’58’58 with withprovision the the provision that the thatMcIlthe McIlwaine waine Scholar Scholar should should be abe boy a boyexcels who who excels in academic in academic

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and athletic endeavors. Mr. McIlwaine was killed on January 13, 1982 in an air crash in which an Air Florida Boeing 737 struck the 14th Street bridge in Washington, DC, then crashed into the Potomac.

Preston Millet, Deborah DiStefano, and J.P. Millet ’12 with thanks for the terrific work of the McCallie faculty and in the hope that faculty children will benefit from it as they attend McCallie or The Girls Preparatory School.

THE MCNEILLWOODWARD SCHOLARSHIP FUND Market Value: $95,044 Established by Dr. and Mrs. J. Lawrence McNeill Jr. ’55, this fund places no restrictions on the identification of recipients.

BILLY MILLIS ’34 SCHOLARSHIP FUND Market Value: $336,680 Established in 1935 by the parents of William Brooks Millis ’34, in memory of their son who died in an automobile accident while a freshman at the University of North Carolina.

The Millis Scholarship is intended to honor Billy’s memory by enabling worthy boys of like character, who on account of their financial status, might not otherwise be able to attend McCallie.

JAMES R. MCWANE ’50 MEMORIAL SCHOLARSHIP Market Value: $108,554 This scholarship is established in memory of Jamie McWane ’50 by his family.

The scholarship is to be awarded to a deserving boy annually, and it should be a student of academic promise.

Preference is given to boys from the Birmingham, Alabama, area whenever feasible. If there is no scholarship student from the Birmingham area, then preference is given to a boy from Alabama. If neither, preference is given to a boarding student from a Southeastern United States city or town.

EDWARD G. MICHAELS III ’60 HONORS SCHOLARSHIP Market Value: $1,136,490 Established in 1996 with a gift from Mr. and Mrs. Edward G. Michaels III ’60, this meritbased scholarship fund will provide full-tuition awards to Michaels Honors Scholars in perpetuity.

MILLET FAMILY ENDOWED SCHOLARSHIP Market Value: $15,089 Established in 2006, this fund is given by the family of Preston Millet, Deborah DiStefano, and J.P. Millet ’12 with the express intent of helping McCallie reach out to more deserving boys of talent in the Chattanooga area.

MILLET FAMILY FUND FOR FACULTY CHILDREN Market Value: $15,089 Established in 2006, this fund is given by the family of

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MILLS HONORS SCHOLARSHIP Market Value: $565,242 Established in 1997 with a gift from Olan Mills II ’48, this merit-based scholarship fund will provide full-tuition awards to Mills Honors Scholars in perpetuity.

NORTH CAROLINA ENDOWED SCHOLARSHIP Market Value: $122,362 The North Carolina Endowed Scholarship was established by donors from North Carolina and is awarded to qualified boarding students who need financial aid in order to attend McCallie.

OLINGY SCHOLARSHIP FUND IN HONOR OF DAN & LU WINZELER Market Value: $24,856 Established in 2000 with a gift from Jeff and Julie Olingy in honor of her parents, this fund will provide academic scholarships to deserving students unable to afford the cost of a McCallie education.

C. HOUSTON PATTERSON JR. ’43 SCHOLARSHIP FUND Market Value: $56,195 Established in 2001 by J. Hoyle Rymer ’62, this fund provides need-based financial aid to deserving boys in honor of and in deep appreciation for Houston Patterson.

PLYLER SCHOLARSHIP FOR BOARDING STUDENTS Market Value: $12,767 Established in 1985 by Mr. and Mrs. James D. Plyler ’54 of Greensboro, North Carolina in honor of Dr. Spencer J. McCallie Jr. ’28, McCallie Headmaster 1949-1974. This fund provides financial assistance for boarding students.

received its first gift from the fund in 1974.

JOE RESTAINO ’08 SCHOLARSHIP FUND Market Value: $29,080 The Joe Restaino Fund will provide support for the study or travel experience of an Honors Scholar in the summer after his sophomore or junior year. Eligible students will submit proposals which will be reviewed by a faculty PORTER FAMILY selection committee with input SCHOLARSHIP FUND from the administration and Market Value: $50,566 the Restaino family. The award Established in 2005 with recipient will be announced gifts from Cheairs Porter ’90, to the faculty and will be Edward Porter ’94, and their expected to share his experiparents, this fund supports a ences with others. The recipiboarding student in the hope that he will someday give back ent will also be recognized at to McCallie, just as the Porter Honors Scholars Weekend.

In addition to the financial Family has done. Further, it is stipend, the award will include understood that no financial copies of Joe’s talks and a aid grants will be awarded travel journal. “Even a fool can until the fund corpus reaches summon bravery since the only $50,000. difference between bravery ROBERT L. ‘PETE’ POTTER and foolishness is the outcome MEMORIAL SCHOLARSHIP of his endeavor.”

FUND H. EDWARD RIETZE III ’55 Market Value: $34,966 MEMORIAL SCHOLARSHIP Established in 1995 by famFUND ily, friends, former students Market Value: $319,992 and athletes, and former classmates from The University Mrs. DeeDee Rietze Jordan established this fund in 1999 of Virginia. As an endowed fund, this permanent resource in memory of her late husband will provide an annual scholar- Ed Rietze. There are no restrictions placed on naming ship to a senior athlete who the recipients each year. Mrs. represents the high personal Jordan’s expectation is to perstandards and focus on personal achievement exemplified petuate the high standards of character and the deep appreby Coach Potter. ciation for McCallie exemplified

by Ed Rietze ’55.

RAINEY FAMILY SCHOLARSHIP FUND JULIAN DAVID SAUL Market Value: $188,119 FAMILY SCHOLARSHIP Established in 2005 by the FUND Callie and John Rainey Foundation in memory of Col. To be funded in 2012 Established with a commitHerbert Pritchett Dunlap and ment in 2007, this fund, when Dr. John Faulkner Rainey. fully endowed, will provide financial aid for talented boys READER’S DIGEST ENDOWED SCHOLARSHIP whose families qualify for need-based assistance to FUND make McCallie accessible.

Market Value: $323,411 William Roy DeWitt Wallace, DREW AND JEREMIAH founder of Reader’s Digest, SMITH MEMORIAL established a foundaSCHOLARSHIP tion whose funds are to Market Value: $258,522 be distributed to selected Established in 1992, this independent secondary schools across the country to scholarship serves as a permanent memorial to two young provide partial scholarships McCallie alumni, Andrew for academically qualified Siler “Drew” Smith ’92 and students from primarily middle income families. McCallie his brother “Jeremiah” Cottle

Smith ’95, who were killed in an automobile accident on July 23, 1992. The family of these young men wished to create a lasting tribute by giving other boys the opportunity to enjoy the “wonderful experience Drew and Jeremiah had at their beloved McCallie.” There are no restrictions on the expenditure of the funds.

MARSHALL TURNER SPEARS JR. ’44 SCHOLARSHIP Market Value: $291,017 Established in 2005 through a bequest from Marshall Turner Spears Jr. ’44, a two-year boarder at McCallie, who was salutatorian of his class and a member of the State Club, the Monogram Club, and the football, baseball, and basketball teams. The Spears Scholarship should be awarded to a boarding student, with preference always being given to a boy from North Carolina.

JOHN SHARP STRANG MEMORIAL SCHOLARSHIP Market Value: $34,745 Established July 7, 2003, the date of the death of John Strang, this endowed memorial fund recognizes a legendary figure at McCallie.

A teacher of Bible for over 50 years, tennis coach, dormitory supervisor, and friend to untold numbers of boys, John Strang was also often known as “Yo” and “Bud.” A greatly beloved man of deep faith, John Strang loved his Lord as he loved those around him. Whenever appropriate, preference for this scholarship should be given to a local middle school boy who demonstrates the highest standards of personal character.

LEWIS RUSSELL TATE ’29 MEMORIAL SCHOLARSHIP Market Value: $113,692 Established in 1992, this fund honors Russ Tate ’29, a pillar of strength who, in his 37 SPENCER FAMILY years at McCallie, touched ENDOWED SCHOLARSHIP the lives of over 3,000 boys, FUND and pushed and encouraged Market Value: $51,077 them to become the best they Established in 2007 with a gift could be. Annually, the school from Ellen W. and Richard W. will name a Tate Scholar, a boy Spencer ’51, David DeForest who qualifies for scholarship Spencer ’74, David Scott aid, is of good character, a Spencer ’03 and Mary Stewart scholar-athlete, and an exemSpencer Vines, this fund plary citizen of McCallie. provides in perpetuity a needbased scholarship in memory RONNIE THOMAS ’66 of and in great appreciation for ENDOWED SCHOLARSHIP Margaret W. and A. DeForest Market Value: $63,763 Spencer, whose vision for Established in 2009 with a their son and family included generous gift from the family an exceptional education and of Ronnie Thomas ’66, this whose sacrifices provided fund honors Ronnie and is an that education with unselfish expression of his deep love enthusiasm. In providing this and appreciation for McCallie’s scholarship every year, the influence in his life. Proceeds family promotes the continufrom this endowed fund will be ation of important values of used for need-based financial character, service and excelaid, and preference will be lence as beacons for others given to boys from North Caroto follow, as exemplified by lina, especially boys from the Margaret W. and A. DeForest Winston-Salem area. RecipiSpencer during their lifetimes. ents will represent high moral No financial aid grants will be and academic standards. awarded until the fund corpus reaches $100,000.

LOY DURANT THOMPSON IV ’86 MEMORIAL GERRY U. STEPHENS JR. SCHOLARSHIP ’82 SCHOLARSHIP FUND Market Value: $57,451 Market Value: $69,611 Established in 2000 by family Established in 1989 by Gerry and friends of Loy Thompson U. Stephens ’43 in honor of IV who died in 2000, the his son, Gerry ’82. There are boarding student recipient no restrictions regarding the of this scholarship award will recipient of this scholarship. exemplify a commitment to

family, faith, friends and studies in a well-rounded manner.

FRANK GUSTAFSON TOWNSEND ’60 MEMORIAL SCHOLARSHIP Market Value: $11,865 Established in 1963 in memory of Frank Townsend ’60 who died on his 21st birthday (December 1, 1962), funds from this gift are used as scholarship assistance for students who are considering the Christian ministry as a possible career.

WALKER HONORS SCHOLARSHIP Market Value: $1,125,890 Established in 1997 with a gift from the Walker Foundation, this merit-based scholarship fund honors the memory of Bill Walker ’46. The fund will provide full tuition for two Walker Honors Scholars in perpetuity.

WALTON FAMILY FUND Market Value: $9,986 The Walton Family Fund was created in memory of longtime McCallie mathematics teacher William L. Walton Sr. (1941-2008). This endowment helps boarding students meet educational and medical expenses. Alumni remember Bill Walton as a quietly inspiring mentor. By establishing this fund, his family honors Bill’s memory and continues his support of McCallie boys. The Walton fund is administered by the Faculty Fund.

CHARLES R. AND L. MARION WEDDING MEMORIAL SCHOLARSHIP FUND Market Value: $42,471 Established in 1998, the Wedding Scholarship Fund is given to boarding students. It was initiated by Doug Wedding ’79 and his wife Janet in memory of his grandparents.

ANDREW WEST ’89 ENDOWED SCHOLARSHIP FUND Market Value: $16,162 Established in 2009 by the family of Andrew West ’89 in his honor and with thanksgiving for his McCallie experience, this endowed fund is to be awarded to a boy or boys with the anticipation that McCallie

will continue its outstanding work in the lives of other boys like Andrew.

GEORGE ALEXANDER WILKINSON SR. MEMORIAL SCHOLARSHIP Market Value: $112,846 Established in 1953 by George A. Wilkinson Jr. ’36, this fund is in memory of his father, George Alexander Wilkinson Sr., who died in 1944. There are no restrictions on this scholarship, and it is awarded anonymously.

EDNA SPROULL WILLIAMS FOUNDATION ENDOWED SCHOLARSHIP Market Value: $28,893 Established in 1997 with a gift from the Edna Sproull Williams Foundation, this endowment provides permanent support for McCallie’s annual needbased scholarship program.

MARK KING WILSON JR. ’29 SCHOLARSHIP FUND Market Value: $55,390 Established in 1978 by Mr. Wilson’s widow, Lois, and their three children, Mark K. Wilson III ’56, John M. Wilson ’64, and Mary Anne Wilson. The purpose of the scholarship is to provide financial assistance to McCallie day students.

RICHARD HOOD YOUNG ’67 MEMORIAL SCHOLARSHIP Market Value: $4,760 Established in 1967 by his classmates and other McCallie alumni in memory of Richard who died shortly after his graduation in June 1967.

There are no restrictions on this fund.

OPERATING FUNDS IN SUPPORT OF STUDENT SCHOLARSHIPS CHARLOTTE ALUMNI CHAPTER SCHOLARSHIP Established in 2003 by a group of Charlotte alumni, this scholarship is awarded to a boy from the Charlotte, North Carolina, area who exemplifies the following characteristics: Christian values, leadership, integrity, moral character, and service to others.

DUCK DAY SCHOLARSHIP FUND 2010-11 Gifts: $25,490 Established in 2009 by the Chattanooga Alumni Association, the Duck Day Golf Tournament will be an annual event bringing together McCallie alumni, parents, and friends for a day of golf, fun and fellowship. All proceeds from the tournament will enable talented and deserving boys in the Chattanooga area to attend McCallie.

BURT GOULD OPERATING SCHOLARSHIP Given by Burt Gould, Head of Campus Security, to be used by a worthy boy with an exemplary character and scholarship record.

ISHMAEL SCHOLARSHIP Established by an anonymous donor in 2010 to support boys from single mother families, the Ishmael Scholarship represents the Heavenly Father’s hands at work in situations where an earthly father is absent. This scholarship will be awarded annually where the need is greatest.

This gift is also in praise of the donor’s own rich blessings and the opportunity to pay it forward.

THE KLEIN FUND Initiated in 2008, The Klein Fund is an endowment providing emergency financial aid to boys whose families experience serious or sudden financial setbacks. The intent is to help ensure that a boy is enabled to continue his McCallie education when his family suffers a financial loss that would otherwise jeopardize his enrollment. Gifts will be made in memory of Bobby Klein ’76, who lost his life in an attempt to prevent his sons from drowning. Further, the gifts are made in appreciation for the role McCallie has played in the lives of Joel Klein ’78 and his son Chris Harvey ’00.

LANGSTON HUGHES SCHOLARSHIP Established in 2003 by an

anonymous donor to provide need-based operating scholarships for AfricanAmerican students from Chattanooga. Preference is givien to a son of a full-time Christian worker.

WILLIAM MABRY MEMORIAL SCHOLARSHIP FUND Originally established as the Jenks and Alice Parker Family Foundation Scholarship Fund in 1999, the Parker Scholarship was renamed in May 2001 as The William Mabry Memorial Fund. The fund’s purpose never changed, however, and it continues to be awarded to a local, disadvantaged student with preference given to inner-city African American students with academic promise.

SONNY MONTGOMERY ’39 OPERATING SCHOLARSHIP The G.V. ‘Sonny’ Montgomery ’39 Operating Scholarship, established in 2008, pays tribute to a distinguished military leader and Congressman who spent his lifetime upholding the values of honor, truth, and duty. Funded by the G.V. ‘Sonny’ Montgomery Foundation, this scholarship will be given to a deserving freshman student whose family resources qualify him for need-based financial aid. Preference will be given to a boy who resides in Mississippi or has Mississippi family connections.

The award will follow the student throughout his McCallie career, assuming his family resources continue to render him qualified for need-based financial aid.

The Foundation Board of Trustees will review the scholarship every four years for renewal.

SANDRA OLIVER FACULTY FUND Established in 1999 by a faculty member to help financial aid students with miscellaneous needs, the Faculty Fund was renamed in 2011 to honor Director of Financial Aid, Sandra Oliver.

Numerous supporters help with tutoring costs, swim lessons, prom tuxedos, books, calculators, and other needs.

SANFORD B. PRATER ’66 SCHOLARSHIP FUND Established in 2002 by Sandy Prater ’66, this fund will provide need-based financial aid to deserving boys with preference given to boys from East Tennessee.

STUDENT TRAVEL FUNDS CONTINUED...

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mental attitudes in the future by providing life-changing environmental experiences today. The fund will support teachers and students attending meaningful “field trip” experiences in the United States or abroad.

MATTHEW ALBERT TUCKER MEMORIAL SCHOLARSHIP FOR SPORTS CAMP Market Value: $37,981 This fund was established in 1994 through a gift from the mother of Matthew Albert Tucker, Mrs. Susan Decker Phillips. Matthew attended McCallie Sports Camp in 1993 and hoped to attend McCallie as a boarding student when he was old enough. Matthew died suddenly from a brain aneurysm. It was his mother’s wish that other boys be given a chance to attend Sports Camp. The first scholarships were awarded in 1995.

TULL ENDOWMENT FOR INTERNATIONAL TRAVEL Market Value: $38,068 Established in 2005 by Mr. C. Christopher Tull ‘68.

Proceeds from this fund are to be spent in support of students who demonstrate financial need and wish to participate in school-sponsored international travel, with the hope that current students will embrace the life-changing nature of travel abroad and thereby will develop broader perspectives on the world and its citizens.

STUDENT AWARDS FUNDS MICHAEL M. ALLISON JR. ’28 MEMORIAL GEOMETRY MEDAL Market Value: $11,572 Established in 1948 by Dr. E. T. Newell Jr. ’28 and friends of Lt. Michael Morrison Allison Jr. ’28 who was killed in action in 1944 in Southern France, this medal was first awarded to Robert Z. Fowler ’49 and continues to be awarded to the student with the highest scholastic average in the subject of geometry.

This prize was permanently endowed in 1995 through a gift from Michael M. Allison III ’63.

BROCK CHEMISTRY MEDAL Market Value: $1,347 Named for William Emerson Brock Jr. ’21, the Brock Chemistry Medal was first awarded in 1932 to James Banajah Phillips Jr. ’32 and continues to be given to the student with the highest scholastic average in the subject of chemistry. This medal was permanently endowed in 1994 through a gift from the family of Mr. Brock.

WILLIAM G. BROWNLOW V ’97 MEMORIAL AWARD Market Value: $8,124 Established in 2006 in loving memory of William G. Brownlow V ’97. This fund provides support for McCallie’s crew team and an annual award given to an outstanding crew team member.

CAMPBELL AWARD Market Value: $2,594 Originally known as the “Mrs. S. H. Campbell Prize for All Round Attainment,” this award for achievement and leadership is given by the Campbell family in memory of Sam H. Campbell Jr. ’21 and John C. Campbell ’14. Annually, a vote is taken by the faculty and student body for the student who has shown the highest level of leadership and achievement during his

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time at McCallie. The second place winner of this ballot is named as the Campbell Award winner. A Bible is presented to each winner, and his name is engraved on a memorial plaque located in the Dining Hall. A gift from the Campbell family in 1996 endowed the annual expense of this award.

WALKER CASEY JR. ’47 MEMORIAL AWARD Market Value: $27,761 Established in 1948 by Mr. and Mrs. Walker Casey Sr. to perpetuate the ideals that their son, Walker Casey Jr. ’47 exemplified in his life at McCallie. A watch is given each year on Walker’s birthday, March 10, to the senior who most nearly achieves the high Christian standards, which his friends found evident in his character. Walker died of a brain tumor six weeks before he was to have graduated from McCallie.

MAURICE CONTOR ’47 AWARD Market Value: $1,435 The recipient of the Contor Award is selected by a vote of the faculty to the senior who has served the school community in some unpaid, unrecognized manner. The fund provides a medal, which is presented to the award winner.

WARREN S. GARDNER JR. ’42 SPIRIT AWARD FUND Market Value: $2,087 Established in 1995 in honor of Warren S. Gardner Jr. ’42, this prize is awarded on Awards Day each year to an underclassman who has exhibited extraordinary school spirit throughout the previous year. One recipient is selected and receives a pewter mug inscribed with his name.

GAVIN R. GARRETT ’36 FOOTBALL AWARD Market Value: $1,858 Established in 1986 by Gavin “Garew” Garrett ’36, varsity football player. The income from this gift is used for the purchase of a trophy and engraving costs. The trophy is presented at the football banquet.

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CLIFFORD BARKER GRAYSON ’12 MEMORIAL MEDAL Market Value: $9,981 The first recipient of the Grayson Medal, Edward Gaines Spears ’19, was presented the medal by Grayson’s father, Hon. D. L. Grayson, who personally presented the medals from 1919-1944. The words “Scholarship - Service - Character” appear on these gold medal McCallie awards (the rest are silver). Grayson was killed in action in World War I on July 18, 1918, and the medal is given to that senior who will be most missed in the future.

DR. JAMES G. WARE CALCULUS MEDAL Market Value: $2,704 Established by Dr. James G. Ware, who taught mathematics at McCallie from 1959 until 1965 and was Head of the Department for five of those years. The income from the endowed fund is used for the purchase of a medal which is presented to an outstanding McCallie calculus student each year.

2011 Grayson Medal Recipient

“Each of us has been blessed with a talent that we should share with others to better someone else’s life. Find a place to invest in the life of someone else.”

OPERATING FUNDS FOR AWARDS

GLENN HANES ’61 GROWTH TO POTENTIAL AWARD JOHN C. JOHNSON ’66 Established in 2000 by a gift SPANISH AWARD from Mr. and Mrs. William F. Market Value: $663 Womble Jr. ’60 and friends Established in 2002 by a grateful anonymous donor, this of Glenn Hanes ’61, this fund award is presented annually to supports an annual award an outstanding student of the given to a senior boarding student who has shown Spanish language. outstanding personal growth while attending McJOHN HARVEY KENT Callie School. Following the MEMORIAL TRUST FUND presentation of the award, Market Value: $2,133 additional proceeds from this Established in 1966 by Dr. fund support faculty profesJohn Harvey “Jock” Kent, sional development. who taught Latin at McCallie from 1940 until 1945 and served as Head of the Classics DR. SPENCER J. MCCALLIE JR. ’28 VESTRY Department. Income is used to purchase an award for an AWARD outstanding student of Latin Established in 2002 by an each year. anonymous donor, this fund honors Dr. Spencer J. McCallie LYNN LOVE SUPPORTIVE Jr. ’28, former Headmaster PARENT AWARD and son of one of the school’s Market Value: $2,330 founders. The award will honor Established in 2000, the and recognize a Junior vestry purpose of this award is to re- member who has been an member the supportive nature inspiration to the vestry by exemplified by Lynn Love, who his leadership and exemplary died in January 2000. This an- Christian attitude. nual award honors the memory of Lynn Love, the mother of STAMPER ESSAY CONTEST three McCallie boys, and will Established by the family of recognize the most supportive the late Walter Hunter Stamper parent for the McCallie soccer Jr. ’41 who was devoted to program each year. the principles of our American DR. JAMES PARK MCCALLIE MEMORIAL FUND Market Value: $3,644 Established in 1963 to honor co-founder of McCallie School, Dr. James Park McCallie.

The McCallie Award Bible is presented each year to the McCallie day student who best exemplifies Christian influence.

Spotlight: Walker Ranson

freedom, this award is presented to the winner of an essay contest. The topic is announced each year by the Stamper family, a faculty panel selects the top essays, and the family chooses the winner without knowing the identity of the author.

FACULTY FUNDS

C. Bowman in honor of her husband Joseph O. Bowman Jr. ’36, this fund will provide CARL GIBBS SMITH JR. annual support for McCallie’s ’53 ENDOWED FUND FOR Faculty Fund, which helps PROFESSIONAL underwrite various incidental OTHER RESTRICTED DEVELOPMENT expenses for boys on financial Market Value: $52,947 FUNDS aid. The Faculty Fund is Established in 2002 by Gibbs administered by the Director Smith Jr. ‘53, this fund is to be CURTIS F. BAGGETT ’65 of Financial Aid, and it makes used to provide professional SERVICE FUND funds available on a predictdevelopment grants to faculty To be funded in 2012 able or emergency basis to based on current school poliMcCallie is dedicated to provide such items as dental cies. Grants are to be awarded preparing young men to care, eye care, textbooks, for the purpose of professional make a positive difference clothing, computers, and a refreshment, stimulation, and in their world. An important growth. component of that preparation variety of other school related items that boys on financial aid involves learning to respond WORLD TRADE CENTER to those in need. The Baggett would otherwise not be in a position to purchase.

MEMORIAL ENDOWED Fund was established to FUND FOR FACULTY encourage a sense of service GAINES P. CAMPBELL Market Value: $52,947 to the larger community. The Established in 1996 by proceeds of the Fund provide ENDOWMENT FOR SUPPORT OF THE SUSMichael F. Taylor ’76, proceeds support for projects in which from this fund are not to be students are actively engaged TAINING FUND Market Value: $1,147,359 restricted to salary or profesin helping others. These sional development, but to projects can be either reactive Established in 2001 by a bequest from Gaines P. Campbell include any form of faculty (as in the case of tornado Jr. This fund will support Mcsupport deemed important by relief) or proactive (as in the Callie’s Annual Sustaining Fund the Board of Trustees. case of drilling a well in an impoverished area) and can be in perpetuity. The Sustaining THE CLASS OF ’72 local, national, or international Fund helps to underwrite RENEWAL GRANTS in outreach. The administration faculty salaries and need-based PROGRAM oversees the approval process student financial aid.

Established by the Class of and allocation of the Fund. ’72 in honor of their former CHARACTER teachers and their 35th JOSEPH O. BOWMAN JR. DEVELOPMENT PROGRAM reunion, this fund recognizes ’36 MEMORIAL FUND Market Value: $1,064,795 the great impact McCallie Market Value: $27,776 Established in 2004 to teachers had on their class.

Established in 2010 with an enhance McCallie’s character The intent of these awards initial gift from Dr. Jo Ann CONTINUED FROM PAGE 17

is to provide teachers with refreshing experiences outside of their subject areas and classrooms.

development connection with students and to be more intentional in the role of character development among faculty.

is the permanent, ongoing component of a larger gift that underwrites grants to students as part of their senior projects under the leadership program.

THE LEWIS F. CISTO Each senior will be required to ENDOWMENT FOR MUSIC design and implement a comSTUDENTS munity service project, and to Market Value: $113,032 prepare for that, each senior Initiated in 2002 by an can apply for a grant from anonymous and grateful The Dulin Endowment, whose donor whose son was deeply annual income will support influenced by and persona portion of the total grants ally encouraged by McCallie’s available. Further, the donor director of music programs, encourages each senior, as he Lew Cisto. This fund will plans his project, to consider provide permanent financial aid his own spiritual journey and support for McCallie students the role of community service to attend school-sponsored in that journey. For the first five music trips. years of the fund and the leadership program, an additional CLASS OF ’78 FUND gift is provided as operating Market Value: $12,156 fund start-up monies for senior Designation of these funds has projects. not yet been announced.

ENDOWED FUND FOR COACHING FOR CHRISTIAN SPEAKERS CHARACTER FUND Market Value: $24,055 Market Value: $106,879 This fund was initiated in Established in 2009 with a December of 2005 by Joe ’76 gift from Janie and Turner and Rebecca Haskins and is Howard ’65, this endowment used to bring Christian speakprovides special support for ers to McCallie for Chapel and McCallie’s character develop- other events for the boys. ment program as it relates specifically to athletics in the ENDOWMENT FOR THE school community. Funds SUPPORT OF THE for training coaches in their COUNSELING PROGRAM teaching of character in athlet- Market Value: $93,160 ics, for rewarding coaches for Countless boys and families activities relating to character have benefited enormously development, and for profrom the skilled and caring grams focused on character manner of counselor, friend, initiatives are underwritten by and faculty member, Jim this special fund.

Mancke. Established in 2011 in honor of his retirement and ROBERT MCGEE 17 years of service to the DAVENPORT ’49 FUND FOR boys and families of McCallie, LANDSCAPING The Mancke Fund will provide Market Value: $88,719 permanent resources for Established in 1993 through the support of the activities a bequest from the estate of that connect boys, parents, Mr. Robert McGee Davenport and the school with healthy ’49, this fund is to be used for personal growth within the campus landscaping projects. academic setting. The endowment will underwrite the THE DICKSON FUND FOR costs associated with helping VISITING SPEAKERS AND boys develop into mature, WRITERS caring young men, capable Market Value: $171,867 of making thoughtful, healthy Established in 1985 by The life decisions. Freeing boys Dickson Foundation, Inc. to from adolescent trouble spots provide visiting writers and such as substance abuse speakers for McCallie School. and poor decision making is a goal of the counseling DULIN ENDOWMENT FUND program, in addition to coming Market Value: $22,081 alongside boys as they explore Established in 2006 by Jim meaningful life questions about Dulin ’73 of Charlotte, North relationships, academic work, Carolina, this endowment appreciation of authority, and

the role of parents in their lives.

Indeed, innumerable boys and families owe their emotional strength to his loving, selfless expertise. It is only fitting that McCallie parents assemble this fund to perpetuate the exceptional impact Jim Mancke has had on the life of the school and its community.

JAY GROW CULTURAL ARTS FUND Market Value: $60,589 Established in 1999 by an anonymous donor, the fund supports the Cultural Arts Program at McCallie in memory of Jay Grow, a former teacher of English.

O’HERRON-DEWEY ENDOWED FUND Market Value: $65,305 Established in 1990 by Mr. and Mrs. Edward M. O’Herron Jr., Mrs. Thomas E. (Patricia O’Herron Dewey) Norman, Ken C. O’Herron ’68 and George S. Dewey IV ’90, proceeds are used to support the basketball program.

DR. LELAND M. PARK ’59 ENDOWED FUND FOR LIBRARY SUPPORT Market Value: $4,076 Established in 2007 by a gift from Dr. Leland M. Park ’59, retired Librarian of Davidson College. This fund will support McCallie’s library needs.

JAMES ALLEN VANN LECTURE FUND Market Value: $221,911 Established in 1960 by the Vann family of Birmingham, Alabama. Proceeds from this endowed fund are used to pay expenses for a speaker to deliver the Vann Lecture annually at McCallie. The first Vann Lecturer was Hodding Carter, nationally renowned editorial journalist and Pulitzer Prize winner, who addressed McCallie’s student body on April 6, 1962.

WALKER ’25 FUND FOR DRAMA Market Value: $223,317 Established in 2005 through KEITH ENDOWED FUND a bequest from the estate of FOR CHRISTIAN HENRY LAMAR RANKIN ’43 Mr. Thomas Francis Walker PROGRAMS MUSIC FUND ’25. “Senor” Walker was a Market Value: $144,158 Market Value: $19,150 Spanish and French Teacher at Established in 1997 by Mr. and Initiated with a gift from the McCallie from 1943 until 1974.

Mrs. Graeme M. Keith Jr. ’74. family of Lamar Rankin ’43, the He also served as Dramatics This endowed fund is designed Lamar Rankin Fund provides Director. to provide permanent funding permanent support for the to help underwrite student and McCallie music department.

OTHER RESTRICTED faculty activities that directly No disbursements will be FUNDS-OPERATING promote the Christian Gospel made until the corpus reaches and Christian teachings, $25,000.

CLASS OF ’55 recognizing that these activities HEADMASTER’S are encouraged by the school ENDOWED FUND FOR DISCRETIONARY FUND on a voluntary basis.

STRINGS IN MUSIC In honor of their 50th reunion, PROGRAM the Class of 1955 established TED KING ’50 FUND Market Value: $7,436 this fund for operating Market Value: $6,481 Established in 2009 by Dr. and purposes restricted to the Established in 2006 by Ted Mrs. Xiao C. Mu, proceeds are Headmaster’s discretion. It is King ’50. Designation for use to be used to encourage pas- to be used to fund a program of these funds has not yet sion and participation in the that the Headmaster deems been determined.

Strings Program of McCallie’s worthy as a significant enMusic Department. hancement for the school over MCCALLIE MICROFINANCE the next five years, but that FUND THE HUGO TALIAFERRO is under funded or unfunded In partnership with McCallie’s JR. ’42 FUND through the normal budgetary student Investment Society, Market Value: $19,032 process.

Mr. and Mrs. Robert A. Pattillo Initiated by his classmates established the McCallie Miand friends to honor Hugo FACULTY DEVELOPMENT & crofinance Fund as both learn- Taliaferro ’42, the objective PROFESSIONAL GROWTHing and service opportunities of this fund is to support and BOYD for the student members. The enhance school programs Established in 1986 by David funding will provide investment that encourage hospitality A. Boyd ’57, an outstanding practice utilizing the world activities between boarding McCallie scholar, this fund is wide network of microfinancstudents and day families. designated for emergency ing, and the income from Hugo’s friends remember his or unbudgeted support of the investments will support mother’s abiding interest in professional and personal opcampus projects. helping boarding students and portunities for the faculty. recognize the pivotal role that JOSEPH JEPTHA NORTON local families have in creating GIBBS FRENCH PRIZE IV ’65 MEMORIAL FUND a welcoming and encouragFirst given to Edward Young Market Value: $11,664 ing community for McCallie’s Chapin III ’40, this longstandEstablished in 1975 in Joe’s boarding students. The fund ing award has been supported memory by his mother and will forever hold high the by gifts from the family of Mr. classmates for the purpose of standards of generosity and J. Philip Gibbs Jr. ’34. The providing McCallie’s library with hospitality displayed by Hugo recipient is selected by faculty timely and readable business Taliaferro ’42 and his family. of the French Department. publications.

STUDENT LEADERSHIP PROGRAM Established in 2004 by the Lucille Thompson Foundation to underwrite the initiation and ongoing support of McCallie’s Student Leadership Program.

VIVIAN TALLEY JAZZ LISTENING COLLECTION Established in 2002, funds are used to purchase jazz genre CD’s for McCallie’s listening library.

UNRESTRICTED FUNDS FOUNDERS GENERAL ENDOWMENT Market Value: $929,635 Established in 1959 to honor McCallie’s founders, Professor Spencer Jarnagin McCallie and Dr. James Park McCallie.

There were 72 original donors who established this fund with more than $25,000. There are no restrictions on the expenditure of these funds.

DR. ROBERT LEWIS MCCALLIE ’29 MEMORIAL FUND Market Value: $895,966 Established shortly after his death in 1965, this permanently endowed memorial provides a lasting tribute to “Dr. Bob,” who was born and reared on the McCallie campus and literally grew up with the school.

Dr. McCallie served on the McCallie faculty for 32 years, 17 of them as headmaster.

There are no restrictions on this fund.

SPENCER J. MCCALLIE III ’55 FUND Market Value: $7,656 Established in 1996 by Mr. and Mrs. Shelby R. Lee Jr. in honor of Spencer McCallie’s 25 years of service as Headmaster, on the occasion of his retirement.

WILLIAM EDWARD WALKER JR. ’46 MEMORIAL ENDOWMENT Market Value: $1,206,270 Established in 1993 by Hardwick Caldwell Jr. ’40 and Mr. Walker’s classmate, Rodolph B. Davenport III ’46, this fund is a permanent memorial to their friend and fellow Trustee, Bill Walker ’46. There are no restrictions for these funds.

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The Development and Communications Offices have made every effort to be accurate in this report. We appreciate your letting us know if you find an error; please contact Penny Grant at (423) 493-5621 or pgrant@mccallie.org.

McCallie School 500 Dodds Avenue Chattanooga, TN 37404 (800) 234-2163 www.mccallie.org

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