Greenhill School Annual Report | 2021-22 Endowments

2021-22 ENDOWMENT FUNDS

"Greenhill School ended the 2021-2022 fiscal year in a position of tremendous strength with an endowment topping $57,322,000, record high dollars raised from the Greenhill Fund, and significant funds contributed to the Growing Stronger Together capital campaign. Though the School faced lingering challenges from COVID and subsequent rising costs, the unparalleled commitment of the community enabled School leadership to continue taking steps to prepare the School for the future. We are sincerely grateful for the leadership of the Board of Trustees, the dedication of our employees, and the steadfast support of community members like you as you help ensure that our students will lead authentic, purposeful lives." - Kendra Grace, CPA, Associate Head of School/Chief Financial Officer/Chief Operating Officer

Endowment Allocation by Category

Designated Purpose	6/30/2018	6/30/2019	6/30/2020	6/30/2021	6/30/2022
General Endowment	$21,372,759	$25,512,171	$30,140,834	$39,038,000	$34,316,000
Financial Aid	$4,295,924	$4,440,711	$4,704,423	$5,713,000	$5,197,000
Faculty Enrichment	$3,554,282	$3,634,493	$3,939,027	$4,775,000	$4,282,000
Curriculum/Programs	$1,593,593	$1,632,997	$1,895,556	$2,366,000	$2,081,000
Facilities	$8,889,840	$9,049,272	$9,470,492	$11,445,000	$11,446,000
Total Endowment	$39,706,398	$44,269,644	$50,150,332	$63,337,000	$57,322,000

General Endowment Funds

Alec Reid Becker Endowment Fund for Student Social & Emotional Well-Being

Established in 2020 to honor the life of Alec Becker ’19, his contributions and passionate commitment to the Greenhill community, and the compassion and support he constantly provided to his peers from PreK through 12th grade. The fund will support the social and emotional well-being of our students, including support for our counseling program, programming for students, staff and families, and related resources. Through this fund, Alec’s gift of spreading love and joy, and especially hope and understanding, will endure.

General Endowment Fund

Supports a variety of purposes including the operational and programmatic needs of the School.

Julie & David Fields Honorary Fund

Originally established in 2012 by the M.B. and Edna Zale Foundation as the Headmaster's Discretionary Fund, and renamed in 2014 to honor Julie Ray Fields ’83 and David Fields, thanks to the generosity of June and Peter McGuire and the Leo and Bobbie Fields Family. This fund supports the general operating, programmatic, and discretionary needs of Greenhill School.

Phillip G. Foote Endowment Fund

Established in 2003 to honor Phil Foote, Greenhill’s second Headmaster (1976-1992) and former Head of Lower and Middle School (1969-1976). In 2009, Greenhill alumni completed a special campaign in support of this fund to name the Phillip G. Foote Lower School.

Financial Aid Funds

Andrew Family Financial Aid Fund

Established in 2000 by Diane Buchanan & Richard Andrew and Edith & Edward J. Andrew, parents and grandparents, respectively, of Caitlin Andrew ’05, Cameron Andrew ’09, and Carolyn Andrew ’11.

Christine Eastus Scholarship Fund

Established in 2005 by alumni, students, parents, and faculty to honor the 35-year Greenhill career of Christine Eastus (1975-2000), Upper School English teacher and Department Chair. This fund supports an Upper School student with promise in the humanities.

David Warren Leatherbury Financial Aid Fund

Established in 2002 by Pat Villareal and Tom Leatherbury, former Board Chair (2000-2002), in honor of Scott Griggs, Greenhill’s fourth Head of School. The fund is named in memory of a family member who died while serving in Vietnam.

Dr. Anson L. Clark Memorial Financial Aid Fund

Established in 1980 in honor of Dr. Anson L. Clark, a Dallas philanthropist, engineer, physician, banker, oilman, and generous Greenhill supporter.

Duncan S. Brown & Gavin F. Brown Scholarship Fund

Established in 2019 by Lexi Eagles, Upper School English teacher (1988-2002), and her husband John Eagles, to honor their children Duncan Brown (’92) and Gavin Brown (’96). Duncan, who passed away in 2010, was talented in visual arts, and Gavin in music. This fund supports Upper School students with promise in the Arts.

Edward E. Ford Foundation Financial Aid Fund

Established through a challenge grant from the Edward E. Ford Foundation in 2005, this fund provides financial aid to Upper School students from the Boys & Girls Clubs of Greater Dallas.

Fulton Family Financial Aid Fund

Established in 1976 upon the retirement of founding Headmaster Bernard Fulton (1950-1976).

General Endowment for Financial Aid

Supports the annual general financial aid budget, ensuring that every deserving student can afford a Greenhill education.

Greenhill Employee Legends Financial Aid Fund

Established in 2006, the Greenhill Board of Trustees makes a $1,000 gift in honor of employees who become Greenhill Legends – those who have served the School for 25 years.

Harold & Mae Star Financial Aid Fund

Established in 1973 through a bequest from Mae Star, grandmother of Harold Star III ’70 and Meri-Kay Star ’73, this fund supports financial aid for Middle School students. An additional generous gift was made to this fund in 2012 from the Estate of Harold Star, Jr.

Jacob Earle Financial Aid Fund

Established in 1995 in memory of Jacob Earle by his classmates and parents, Sandra Earle and Randy Earle.

Jane & Wes Kittleman Financial Aid Fund

Established in 1983 by members of the Trim family to honor the careers of Jane and Wes Kittleman, teachers at Greenhill for 13 and 22 years respectively, by providing financial aid support for an Upper School student.

Jennifer Goodnight Maalouf Financial Aid Fund

Established in 1999 in memory of Jennifer Goodnight Maalouf ’86 by Margaret & Jim Goodnight, Susan Goodnight Griffiths ’83 and Evan Griffiths, friends and classmates.

Kathy Wells Memorial Financial Aid Fund

Established in 1994 in memory of Kathy Wells, a physical education and motor room teacher from 1979-1993, this fund provides financial aid support for a returning Lower School student.

Michael L. & Carol B. Davis Financial Aid Fund

Established in 2004 by Carol and Michael Davis ’84, this fund supports economically disadvantaged students of color, with a preference for Upper School students who are members of the Boys & Girls Clubs of Greater Dallas.

Parents’ Association Financial Aid Fund

Established in 1994 to provide financial aid to students.

Ronnie Freeman Financial Aid Fund

Established in 1954 in memory of Middle School student Ronnie Freeman by her parents, Norman and Ernestine Halff Freeman.

Ruth Agnich Financial Aid Fund

Established in 1975 in memory of Ruth Agnich, mother of William Agnich ’61 and grandmother of Robert Agnich ’94, Bruce Agnich ’87, and Barbara Agnich.

Scott Buchanan Memorial Scholarship Fund

Established in 1982 in memory of Scott Buchanan ’90, son of former faculty member Dr. H. Ray Buchanan and his wife, Carole. A monetary stipend from this fund accompanies the Estelle Dickens Service to Greenhill Award given annually to a graduating senior.

Todd & Mindy Williams Endowment Fund

Established in 2015 by Todd Williams ’90 and Mindy Williams to provide financial aid to students.

Zale Foundation Financial Aid Fund

Established in 1978 by the William and Sylvia Zale Foundation to support financial aid for deserving Middle School students.

Faculty Enrichment Funds

Arun Stewart Memorial Faculty Enrichment Fund

Established in 2010 by Sunita and Tony Stewart in memory of their son, Arun Stewart ’07, to provide grants for language faculty who are interested in pursuing professional and personal development opportunities through the Trustee Fellowship Grant Program.

Bauman Family Faculty Enrichment Endowment

Established in 2008 by Lou & Jon Bauman to support faculty enrichment through Greenhill’s Trustee Fellowship Grant Program.

Dorothy Jane Kassanoff Faculty Enrichment Fund

Established in 2014 by Dr. Jennie Kassanoff ’82 and her husband, Dan Schulman, in honor of her mother, Dorothy Jane Kassanoff, to support faculty development and enrichment.

Elaine Velvin Faculty Tuition Assistance Fund

Established in 2008 by members of the Alumni Board, friends, and family, to honor the 26-year career of Elaine Velvin, Greenhill administrator and teacher.

Frankel/Thum Challenge of Excellence Faculty Enrichment Fund

Established in 1978 by Gerald Frankel, former Trustee (1976-1983) and father of Elizabeth Frankel Bailenson ’82 and Jessica Frankel Genick ’85; and Seymour Thum, former Trustee (1978-1984) and father of Brian Thum ’80, Andrea Thum Solomon ’82, and Sharon Thum ’84.

General Endowment for Faculty Enrichment

Supports the recruitment and retention of Greenhill’s excellent faculty.

Hanmei and Yang Wu Family Endowment

Established in 2022 during the Growing Stronger Together campaign by the Wu family (Yang, Hanmei Zhao, Joretta ’31 and Jocelyn ’35), this fund provides support for maintenance of the STEM + Innovation Center.

Parents’ Association Faculty Endowment Fund

Supports faculty salaries, benefits, and enrichment.

Scott A. Griggs Faculty Endowment Fund

Established in 2018 to salute and commemorate the eighteen-year tenure of fourth Head of School Scott Griggs. This fund supports faculty salaries, benefits, and general enrichment.

Trustee Fellowship Grant Endowment Fund

Established in 1989 by the Board of Trustees to provide grants for faculty pursuing professional and personal development opportunities. This board-designated fund is closed to new gifts.

Wes Kittleman Impact Award Fund

Established by Alexandra & Johnny Chilton '78, the Wes Kittleman Impact Award is named in honor of Wes Kittleman, former Upper School faculty member. It is awarded annually to one member of the full-time Upper School teaching faculty.

Curriculum & Programs Funds

Ann & Ray Perryman Archive Fund

Established in 2000 in honor of Ann & Ray Perryman, parents of Tom ’81, David ’83, and John ’86, to support the research, acquisition, cataloguing, and preservation of documents and items that celebrate Greenhill’s history.

Barnes Memorial Fund In Memory of Pam Barnes ’00

The Barnes family established the Pam Barnes ’00 Memorial Fund in June 2014 to honor Pam's life. When fully funded, the fund will support travel expenses for Upper School students with a demonstrated need, seeking international cultural experiences that promote tolerance and compassion for others.

Bernard L. Fulton Lecture Endowment

Established in 1977 in honor of Greenhill’s founding Headmaster Bernard Fulton to support guest lecturers to the School.

Corbin Doyle Honorary Fund

Established in 2012 by the Greystone Foundation, family, and friends, in honor of Greenhill faculty member Corbin Doyle. The fund was established to provide ongoing support for video production.

Edward E. Ford Foundation Technology Fund

Established in 2000 through a grant from the Edward E. Ford Foundation, this fund supports technology enhancements in the Upper School.

Ken & Becky Bruder Cultural Arts Fund

Established in 1998 by Ken & Becky Bruder ’71, parents of Anne Bruder ’04 and Molly Bruder ’07, in honor of Jeff Pritchard and Kitty Smith, parents of Lauren Pritchard Goodman ’04 and Zachary Pritchard ’06.

Kim Williams Service Fund

Established in 2006 in memory of Kim Williams ’92 to support community service activities and projects.

Muriel Seldin General Endowment for Cultural Arts

Established in 1993 in memory of Muriel Seldin, the School’s first French teacher and art history teacher from 1954-1982.

Oleta Willard Academic Fund

Established in 2019 by Steven Willard and Barbara Hoffman, the Oleta Willard Academic Fund honors their mother’s career at Greenhill School as an academic language therapist for more than 20 years. Oleta’s work improved the lives of hundreds of students. She enriched their scholarly experience, bolstered academic self-confidence, and enabled them to achieve greater educational success. These funds will support students with potential learning differences and will be directed to evaluation, diagnosis, therapy, and tutoring services. Through this fund, Oleta’s passion and legacy will endure for generations to come.

Primer Endowment Fund

In celebration of the 50th anniversary of the Primer program, Greenhill established a Primer Endowment Fund to support the program into the future. This endowment supports Primer classroom resources, faculty salaries and professional development, financial aid for prospective Primer families, and other programmatic needs for the Primer class. This endowment will help ensure that Greenhill is able to offer eligible students the ‘gift of time’ in perpetuity.

Technology Endowment Fund

Established in 1999 during the New Century Campaign to support Greenhill’s technology program.

Facilities Funds

Athletic Complex Endowment Fund

Established in 1999 through proceeds from the Parents’ Association Gala, the fund provides support for maintenance of the Phillips Family Athletic Center.

Great Expectation Facilities Endowment Fund

Established in 2006 during the Great Expectations Campaign, the fund provides support for the maintenance of the Lower School and Upper School expansion.

Tennis Maintenance Endowment Fund

Established in 1998 by the Board of Trustees during the New Century Fund campaign, the fund provides support for tennis maintenance of the Phillips Family Athletic Center. This board-designated fund is closed to new gifts.