the 2011 mccallie endowment report

1

The McCallie EndowmentEmpowering Excellence

in Students and Faculty

2

Equities: 36.4%

Equities L/S: 17%

High Yield/Distresse

d: 4.7%

Commodities:

3%

Real A

sset

s: 4.

4%

Fixed Income: 16.5%

Cash: 12.7%

Hedges: 0.2%

Abso

lute

Ret

urn:

5.1

%June 30, 2011

Asset Allocation

Annual Endowment Fund GrowthYEAR ENDING MARKET VALUE TRANSFER TO OPERATIONS

2011 $65,081,642 $2,984,7802006 $57,642,196 $2,397,7272001 $42,366,718 $1,837,0151996 $26,361,250 $1,211,5001991 $16,221,287 $729,9581986 $8,987,194 $815,0001981 $2,595,780 $100,000(JUNE 30)

June 30, 2011 designations of endowed funds

Scholarships & Student Travel: 39%

Unrestricted: 28%

Facu

lty S

alar

ies

&O

ther

Pro

gram

s: 2

1%

Faculty Development: 6

%

Other*: 6%

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

From the HeadmasterFORTY YEARS AGO, 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.

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 endow-

ment. Lots of people understand new buildings or new fields. Fewer appreci-ate the long range impact of a healthy endowment. I am very grateful that you do.

During these challenging economic times, the family of funds that com-prise 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 incen-tive and the funds to keep programs intact which less fortunate schools have had to eliminate.

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

R. Kirk Walker, Jr. Ph.D. ’69

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

1

2011-2012 income breakdown

Tuition: 76.5%

Endo

wm

ent

Spe

ndin

g: 1

0.5%

Annual Susta

ining

Fund: 6.5%

Other: 6.5%

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

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STUDENTS

STUDENTS DATA

23 STATES

7FOREIGN COUNTRIES

243 boarding

400 day( (

40 st

uden

t-ce

nter

edor

gani

zati

ons

ENDOWED FUNDING: $1,671,476*

100% of students abide bythe Honor Code

In the Class of 2010,

91 students earned scores of

3 or higher on at least 3 AP exams.s

ta

nd

ar

di

ze

d

te

st

ing

r

es

ul

ts

upper school: 643 middle school: 246

TOTAL ENROLLMENT: 889

+

4

$$$

$$$$$$

$$$

Financial Aid makes a difference (classes of 1988 - 2011):

187 national honor society members 176 prefects or resident advisors81 keo kio inductees80 national merit commended52 national merit semifinalists10 peglar awards for christian influence9 salutatorians8 tornado editors8 campbell award winners8 freddy mccallie award for community service winners7 national school choral award winners6 valedictorians4 senate presidents3 perfect act scores3 pennant editors3 all-american swimmers

$$$

SCHOLARSHIPS

Students receiving financial aid

day Boarding

29% 46%

over 50% of graduates have

enrolled in college on a merit scholarship.

Sinc

e 20

04,

FINANCIAL AID MAKES A DIFFERENCE FOR BOYS

$11,3

86

$22,

819

$39,

285

$20,

953

D ay b o a r d i n g

tuition

tuition

average aid

financial aid awards

average aid

GENERAL SCHOLARSHIP FUNDMarket Value: $296,206

ROBERT JOHNSON ALLISON ’54 MEMORIAL SCHOLARSHIPMarket Value: $11,572Established in 1959 in memory of Robert Johnson Allison ’54, an exemplary student and athlete who was killed in an automobile ac-cident. 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 FUNDMarket Value: $469,223Established in 2002, the Edward M. Armfield Sr. ’33 Scholarship is awarded to deserving boarding students, with preference given to boys from the North Carolina coun-ties of Guilford, Randolph, Rockingham, Surry, Alamance or Forsyth.

ROBERT HAMILTON BAILEY MEMORIAL SCHOLARSHIP FUNDMarket Value: $28,699Established 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 SCHOLARSHIPMarket Value: $202,294Established in 2006 in memory of Miriam “Mimi” Beasley, a wonderful friend and encourager. This scholar-ship is awarded to boarding students who are in need of financial aid, with a preference given to minority students.

DAN S. BLALOCK ’49 HONORS SCHOLARSHIPMarket Value: $548,358Established 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 SCHOLARSHIPMarket Value: $78,696Established 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 FUNDMarket Value: $25,369Established in 1994 through a bequest by Mr. Wayne L. Bowman, father of three Mc-Callie alumni and grandfather of two McCallie alumni. Mr. Bowman established this fund to provide academic scholar-ships to deserving students.

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

RICHARD A. BROCK ’33 SCHOLARSHIP FUNDMarket Value: $132,490Established 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 ’28Market Value: $37,285Established in 1995 to honor Dr. Cooper H. McCall ’28 for his long and distinguished career of medical and civic service in the Chat-tanooga community. Annual scholarships are awarded to students who exemplify the high standards of character

5

In 2011-2012, McCallie’s need-based financial aid budget

will provide

$4,710,821 in financial aid for

302 students.

CONTINUED ON PAGE 7…


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

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STUDENTS

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

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

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

AID

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

...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

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

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 organiza-tion with a $20,000 budget, traveling to different continents, living in an honor-based community as an independent young man, having an AP chemistry teacher who wrote the exams, and view-ing teachers as friends.

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

“We had invested a lot of our lives in our kids, and McCallie picked up the baton and helped us continue the race.”

SCHOLARSHIPSand service modeled by Dr. McCall.

MARGARET AND RICHARD A. BROCK ’33 SCHOLARSHIP IN MEMORY OF DR. ERNEST PATTON ’29Market Value: $13,958Established in 1995 to honor Dr. Ernest Patton ’29 for his excellent and loving care as a physician in the Chat-tanooga 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 FUNDMarket Value: $619,525Originally established as an operating scholarship fund, this fund was upgraded with an additional gift and became an endowed Honors Scholar-ship 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 meas-ure of his appreciation for the lasting positive influence McCallie had on him as a young boarding student from Charlotte.

EDWARD EMERSON BROWN ’07 MEMORIAL SCHOLARSHIPMarket Value: $64,953Established in 1959 to honor the life-long dedication of Ed-ward 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 SCHOLARSHIPMarket Value: $24,688Established in 1982 by the 1955 classmates of Reeves “Buster” Brown, a day stu-dent from Cleveland, Tennes-see. 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 SCHOLARSHIPMarket Value: $85,122Established 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 SCHOLARSHIPMarket Value: $409,593Established in 1997 with aggregate gifts from Mc-Callie alumni who were UNC Morehead Scholars and other alumni and friends. This fund honors Major Burns and sup-ports the Honors Scholarship Program.

MAJOR ARTHUR LEE BURNS ’20 MEMORIAL SCHOLARSHIPMarket Value: $91,405Established 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 an-nually 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 SCHOLARSHIPMarket Value: $98,264Established 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

become. Now he is attending col-lege 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 Scholar-ship without my McCallie experience. McCallie faculty, friends and donors, thank you so much for playing an inte-gral part in making me fall in love with this town, this school, and the people like you who make it what it is.

STUDENTS TRAVEL

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Samaritan’s Feet Service Trip to PeruA Letter to Donors

To those who helped me take such a journey,

Thank you for giving me the funds required to go on the Samari-tan’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 sit-ting 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

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

ENDOWED FUND FOR SUPPORT OF MISSION TRIPSMarket Value: $24,055This 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 school-approved mission trips.

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

INTERNATIONAL TRAVEL SCHOLARSHIP FUNDMarket Value: $113,978Established in 2000 by Karen and Scott Matthews Jr. ’66, with additional funding by Betsy and John McBrayer ’75 and Neille and Alan Wilson, the object of this fund is to help ensure that every Mc-Callie student has equal op-portunity to benefit from the personal growth that results from participation in school sponsored foreign travel or study trips.

KNOX ENDOWED FUND FOR MISSION TRIPSMarket Value: $48,890The Knox Endowed Fund for Mission Trips provides permanent funding to help develop servant-leaders as teachers and/or students en-

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 fel-low 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 FUNDMarket Value: $97,528Established 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 interna-tional setting, or strengthen-ing a talent for the arts or a special interest for personal development.

MACON G. PATTON ’54 FUND FOR CHRISTIAN PROGRAMSMarket Value: $244,973The Mac Patton Fund will un-derwrite activities with a spe-cific Christian focus, whether they be adult activities, such as Christian retreats, summer grants, or leadership activities; or student-centered Christian activities, such as retreats, mission trips, Bible studies, or vestry leadership activities. The objective of the principal donor is to ensure that the proceeds of the Mac Patton fund will broaden and enhance Christian activities at McCallie.

PROGRAM FOR EXCELLENCE IN ENVIRONMENTAL STUDIESMarket Value: $229,399Established in 1993 by an anonymous donor, the goal of this fund is to bring about in McCallie students new environmental awareness and appreciation, with a long-term objective to change environ-

CONTINUED ON PAGE 21...9

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

FACULTY

10

11

FACULTY

FACULTY DATA

THE faculty development planis an ongoing process to:1. Revitalize the individual Faculty2. Remind teachers why they wanted to become teachers in the first place3. Allow the Faculty to give contributions back to the community4. Enhance the work between the Faculty and students and between the Faculty and other Faculty Members5. Allow the Faculty to rediscover “a joyful curiosity”6. Improve morale, attitudes, knowledge, and skills7. Provide for discussions with other Faculty8. Allow the Faculty to become more involved and active in his/her own field9. Allow the community a chance to show it values and appreciates the Faculty.

:boarder : residential faculty ratio 6.5 : 1

nearly

1/2of instructors

liveon-campus

14 averageclass size

130 full- & part-time faculty70 masters degrees7 doctorates

masters & doctorates


:Student : faculty ratio 8.8 : 1

12

FACULTY FUNDSClimbing the Summits of Romanticism: Mount Blanc, Eiger, and the MatterhornMichael Lowry, Physics/Chemistry/Biology TeacherIn his grant proposal, Michael noted, “I have to demonstrate how it will reju-venate 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 explor-ing 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 MichelangeloLynn Winningham, Art TeacherHaving long been a fan of Michelangelo’s work and place in history, Lynn want-ed 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 my-self,” 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 PossibilitiesEd Snow, Chair of Christian EthicsWith 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 expecta-tions. “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 & ClarkBart 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.”su

mm

er r

enew

al a

nd s

tudy

gra

nts:

ALUMNI CHAIR OF MATHEMATICSMarket Value: $863,658Established 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 HISTORYMarket Value: $788,847Established in 1986 by Mc-Callie alumni, parents, and friends in honor of Senator Howard H. Baker Jr. ’43. Its purpose is to recognize and underwrite superior teach-ing of American History at McCallie.

RAFE BANKS JR. ’35 FUNDMarket Value: $611,018Established in 1998 by Mrs. Rafe Banks, this endowed fund will support McCallie’s dedicated teaching faculty. The Banks family wishes to help strengthen the profes-sional skills of McCallie’s teachers and to encourage them to continue their pursuit of excellence in their chosen profession.

BOYD FUND FOR FACULTY DEVELOPMENTMarket Value: $12,179Established in 1986 by David A. Boyd ’57, an outstanding McCallie scholar, this fund is designated for the support of professional and personal op-portunities for the faculty.

CALDWELL CHAIR OF ENGLISH COMPOSITIONMarket Value: $894,432Established in 1989 by Hardwick Caldwell Jr. ’40, Robert Caldwell ’41, L. Hardwick Caldwell III ‘66, Robert Caldwell Jr. ’67 and the Caldwell Founda-tion. The purpose of this endowed chair is to enhance the instruction of English Composition at McCallie by appointing to the faculty a master teacher whose

special area of expertise is the teaching of writing.

HARDWICK CALDWELL JR. ’40 CHAIR OF CHRISTIAN ETHICSMarket Value: $2,360,549To 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 eth-ics 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 AWARDMarket Value: $32,996Established soon after gradu-ation 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.

GEORGE H. CORNELSON ’49 ENDOWED FUNDMarket Value: $302,595Established in 1986 by Mr. George H. Cornelson ’49 to enhance the quality of dormi-tory life for freshmen boarding students by providing permanent financial support for a superior program of extracurricular and weekend activities. This fund will enable the freshman dorm head to give each boy in his dorm closer, more frequent contact with an adult who monitors his adjustment to boarding school life and helps him de-velop into a mature student.

13CONTINUED ON PAGE 15...


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

14

FACULTY

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.”

Two weeks passed. Then three. Then four. Finally I decided to call. To the best of my recollection, the conver-sation 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 con-tract.”

With that overwhelming vote of confidence, three weeks later I was teaching Algebra II in McCallie Sum-mer School. I was telling this story to a couple of guys in the dorm, and one of them asked a very perceptive ques-tion, “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 McCal-lie 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 investi-gations and discussions came a profes-

DEVELOPMENT

No RegretsLance Nickel with students in 1978.

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 na-tion to evaluate teaching, David Pur-pel taught us checklists don’t mat-ter. 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: in-tellectual excitement and interper-sonal rapport.

Interpersonal rapport creates an atmosphere where students are com-fortable and can learn. It is an envi-ronment where they have a stake in their own education and are motivat-ed 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’ at-tention – when they see us as lifelong

learners, when they see our passion for our disciplines, when they see us read-ing 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 thou-sands of conversations I have had with many of you about not only mathemat-ics, 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 priori-ties. Rather, he said, schools vote pri-orities according to how they spend their dollars and how they utilize fac-ulty time. Please invest time and dol-lars in professional excitement. I am convinced that I became a math major primarily to see what my master teach-er, 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 unanswer-able question. I wanted him to know, and I want you to know…no, I don’t have any regrets.

FACULTY FUNDSPlease invest time and dollars in professional excitement…I became a math major primar-ily to see what my master teacher, Dr. Donald Pilgrim, was so excited about.

DAVENPORT FUND FOR PROFESSIONAL DEVELOPMENTMarket Value: $567,795Established 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 SALARIESMarket Value: $19,180Established 2005 to provide financial support for faculty salaries.

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

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

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

GLENN HANES ’61 FUND FOR PROFESSIONAL GROWTHMarket Value: $24,283Established in 2000 by a gift from Mr. and Mrs. William F. Womble Jr. ’60 and friends of Glenn Hanes ’61. This fund supports the faculty summer renewal grants program after first funding an annual award given to a senior boarding student who has shown outstanding personal growth while attending McCallie School. The fund recognizes

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 FUNDMarket Value: $78,951Established 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 FUNDMarket Value: $5,111,802Established in 1988, the grant’s objective is to support high quality and effective teaching at McCallie by sup-porting faculty salaries and professional enrichment.

ENDOWED FUND FOR PROFESSIONAL DEVELOPMENT HONORING JIM MANCKE AND LINDA SNODGRASSMarket Value: $20,347Established 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 thor-ough dedication to students with all learning styles and personalities. This endowed fund will provide ongoing professional development opportunities for all teaching faculty.

MATH PROGRAM ENDOWED FUNDMarket Value: $8,220Established in 1993 by Mar-cus H. Rafiee ’80, this fund provides permanent support for program expenses related to the mathematics chairholder’s departmental leadership activities.

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CONTINUED ON PAGE 17...

FACULTY

TELEVIS ION, 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, consid-ered 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,

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 mountain-top civilization to see the remark-able 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 experi-enced traveler. Before his trip to Ma-chu 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 in-credible place,” he says. “It was truly everything I hoped it would be and one of those things that I will remem-ber forever.”

What Our Teachers Did This SummerStudy and Renewal Grants

TRAVEL

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

FREDERICK MADDIN MCCALLIE CHAIR OF CHRISTIAN FELLOWSHIPMarket Value: $455,249Established 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 PROGRAMMarket Value: $991,073Established 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 FACULTYMarket Value: $16,389Established 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 FUNDMarket Value: $150,578Endowed in 1996 by board-ing 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 vaca-tion for the faculty recipient.

PETER PELHAM ’53 FACULTY ENRICHMENT FUNDMarket Value: $59,421Established 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 TEACHINGMarket Value: $1,994,058Established 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 Mc-Callie by supporting faculty professional development programs.

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

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

JOSEPH GLENN SHERRILL CHAIR OF BIBLEMarket Value: $881,546Established 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 FUNDSWINSTON P. CAINE III MEMORIAL SCHOLARSHIP CONTINUED... need-based financial aid to day students of promise from the Chattanooga area. Given the outstanding athletic ability of Dr. Caine and his sons, Stephen ’86, Matthew ‘88, and Adam ’89, preference will be given to an upper school athlete whenever possible.

HARDWICK CALDWELL JR. ’40 HONORS SCHOLAR-SHIPMarket Value: $1,230,675Established in 2000 with a leadership gift from Hardwick Caldwell Jr. ’40, this merit-based scholarship fund will make full-tuition awards to Caldwell Scholars in perpetuity.

BOB AND SUSAN CARD ’66 ENDOWED SCHOLARSHIPMarket Value: $127,988The Susan and Bob Card ’66 Endowed Scholarship, established in 2007, provides need-based financial aid to boys of promise and worthy character, with preference given to boys from Bradley County, Tennessee.

CAROLINAS HEADMASTER’S SCHOLARSHIPMarket Value: $328,522Established in 1999 with gifts in honor of Headmaster Spen-cer McCallie III from alumni in North and South Carolina, this merit-based scholarship fund will provide half-tuition awards to runners-up in the Honors Scholarship Program, with preference given to finalists from North or South Carolina, when applicable.

WILLIAM NEEL ‘SPANKY’ CARPENTER ’69 MEMORIAL SCHOLARSHIPMarket Value: $20,978Established in 1999 with gifts from members of the Class of ’69 on the occasion of their 30th reunion, this fund honors the memory of Spanky Car-penter, a long-time Christian missionary to New Guinea who died in 1998. The fund will provide scholarship support for deserving McCallie boys whose families are involved directly with full-time Christian service.

I. V. CHANDLER SCHOLARSHIP FUNDMarket Value: $309,677Established in 1981 to honor I.V. Chandler, father of Robert Chandler ’66. Proceeds are used as McCallie tuition assis-tance for students from Dalton or North Georgia.

CHATTANOOGA TIMES (OCHS) SCHOLARSHIPMarket Value: $37,303Established in 1945 by the Ochs family, this scholarship is to be awarded to a Hamilton County student each year.

CLARK FAMILY SCHOLARSHIP FUNDMarket Value: $120,268Established in 2006 with a gift from the family of George M. Clark Jr. ’50 through The Clark Foundation, this need-based scholarship provides financial aid for worthy day students. Whenever appropriate, prefer-ence shall be given to the sons of full-time Christian service personnel.

CLASS OF ’69 SCHOLARSHIP FUNDMarket Value: $63,662Established in 2004 by Mr. William M. Choate in honor of the 35th reunion of the Class of ’69.

FLORENCE JEAN COLEMAN MEMORIAL SCHOLARSHIP FUNDMarket Value: $126,888Established in 1986 in memory of Florence Jean “Flo” Cole-man, a McCallie Spanish teacher and freshman board-ing student advisor who died in an automobile accident. There are no restrictions on this fund.

STERLING RUFFIN COLLETT JR. ’32 SCHOLARSHIP FUNDMarket Value: $70,257Established in 1996 in memory of Sterling R. Collett Jr. ’32. Funds are to be used to pro-vide financial aid for boarding students from North Carolina.

CHARLES AND MARTHA COLVIN MEMORIAL SCHOLARSHIPMarket Value: $8,488Established in 1991 in memory of Charles and Martha Colvin, parents of William G. Colvin ’69, through a bequest from the estate of Mrs. Charles H. (Martha) Colvin Jr. There are no restrictions on this fund.

COTTER FAMILY ENDOWMENT FOR MINORITY SCHOLARSHIPSMarket Value: $243,158Established in 2005 by the family of E. Robert Cotter Jr. ’33, E. Robert Cotter III ’69, and Brian James Cotter ’05, this scholarship fund is part of McCallie’s Diversity Initiative Scholarships. Scholarships are to be awarded to talented minority students with the intent that these students will enrich and broaden the entire student body with their presence and their engagement in the Mc-Callie culture. Preference shall be given to African-American students.

JAMES C. CRAWFORD JR. ’44 MEMORIAL SCHOLAR-SHIPMarket Value: $210,594Established 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 gifts were made with the under-standing that the recipients will be boys whose personal faith is demonstrated through Christian service in church or community activities. Further, recipients will be of high moral character and academic standing, following in the footsteps of the scholar-ship’s namesake, James C. Crawford Jr. ’44.

DAVENPORT SCHOLARSHIPSMarket Value: $127,116Established in 2003 by Gordon Davenport ’77 to support day students who qualify for need-based aid.

DAY SCHOLARS PROGRAMMarket Value: $99,984A need-based financial aid program, the Day Schol-ars Program is designed for rising ninth grade boys and recognizes outstanding leadership, character and academic performance among day school applicants from the Chattanooga region. This program is funded by a variety of forward-looking alumni and parents and parallels the highly successful boarding school Honors Scholars Program. The vision is to provide need-based financial aid and extraordinary educational experiences for highly talented local area boys whose academic skills might otherwise go undeveloped.

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

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

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

TRUMAN DENT DONOHO JR. ’38 SCHOLARSHIPMarket Value: $105,787Established 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’ FUNDMarket Value: $260,812Established 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 deserv-ing McCallie boys, and the boys are acting in faith to give themselves to the McCallie experience.

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

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

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

GARY C. ERTEL MEMORIAL SCHOLARSHIP FUNDMarket Value: $20,354Established 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 SCHOLARSHIPMarket Value: $36,259Established in 1992 by an anonymous member of McCal-lie’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.

STUDENT AID CONTINUED...CONTINUED FROM PAGE 9

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THE FAULKNER EMERGENCY FUNDMarket Value: $170,243Established 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 adminis-tered 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 SCHOLARSHIPMarket Value: $59,321This scholarship was estab-lished on McCallie School’s cen-tennial, September 20, 2005, by the Washington D.C. Alumni Chapter to honor the school’s founders, Spencer Jarnagin Mc-Callie 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 SCHOLARSHIPMarket Value: $51,641Established in 2006 by Dr. and Mrs. Robert H. Greer ’53 as a need-based scholarship for deserving boys.

HARRIS SCHOLARSHIP FOR DAY STUDENTSMarket Value: $55,271Established 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 SCHOLARSHIPMarket Value: $14,310Established 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 SCHOLARSHIPMarket Value: $123,202Established 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.

HEADMASTER’S SCHOLARSHIP HONORING SELBY & RICHARD MCRAEMarket Value: $751,241Established in 1999 by the Richard McRae Jr. family in honor of his parents Selby and Richard McRae and in honor of Spencer McCallie III. This merit-based scholarship fund will provide partial tuition awards to runners-up in the honors scholarship program in perpetuity.

HEADMASTER’S SCHOLARSHIP HONORING SPENCER MCCALLIE III ’55Market Value: $1,174,735Established in 1998 as a tribute to retiring headmaster Spencer McCallie III ’55, this merit-based scholarship fund will provide half-tuition awards to runners-up in the Honors Scholarship Program in perpetuity.

HEMPHILL FOUNDATION SCHOLARSHIP FUNDMarket Value: $66,215Established in 2002 by Sonny Morris ’62 as a trustee of the foundation, this fund will provide need-based financial aid to deserving students who exemplify the McCallie ideals of scholarship and character.

SAMUEL B. HOLLIS ’47 ENDOWED SCHOLARSHIP FUNDMarket Value: $113,083Established in 1998, the Sam Hollis ’47 Scholarship Fund supports talented students with a preference given to boarding students when possible.

CARTER W. HOPKINS FAMILY FINANCIAL AID ENDOWMENTMarket Value: $112,381Established in 2003 by Mr. Carter W. Hopkins ’58 to provide need-based funds for boys of high character stand-ards in keeping with the values of the Hopkins Family.

DR. WILLIAM PARROTT HUST ’68 MEMORIAL FUNDMarket Value: $16,614Established in 1993 by Mc-Callie alumni and friends to honor Bill Hust ’68 who died

November 25, 1988. Proceeds from this fund are designated for use in conjunction with scholarship recipients as discretionary money for the admissions office to use for the purchase of books, supplies, program expenses, etc.

A. WARREN JAMES ’43 ENDOWED SCHOLARSHIP FUNDMarket Value: $246,851Established in 1991 by the Tonya Foundation to honor A. Warren James ’43 for his 38 years of service to McCallie. The scholarship is to be made available to a day student.

JAMES C. JOHNSON EDUCATIONAL AND ENDOWMENT FUNDMarket Value: $522,745Established in 1973 by James C. Johnson as a means of expressing his admiration for McCallie. Mr. Johnson, owner of Chattanooga Mattress Company, supplied mattresses to the boarding school.

JOHNSON MEMORIAL SCHOLARSHIPMarket Value: $40,701Established in 1985 by Col. Richard S. Johnson Sr. ’33 in memory of his son 2nd Lt. Richard Sandusky Johnson Jr. ’62 USMC and his wife Alma Hall Johnson. The scholar-ship is awarded to sons or grandsons of McCallie alumni who graduated between 1933 and 1966 (inclusive). Richard S. Johnson Jr. ’62 was killed in action in Vietnam on March 26, 1967.

JOHN SIKES JOHNSTON ’55 MEMORIAL SCHOLARSHIPMarket Value: $75,639Established in 2004 by Mrs. Gretchen Johnston Carpenter as a memorial to her late husband.

WILLIAM D. JONES III MEMORIAL SCHOLARSHIPMarket Value: $5,606Established in 1986 by Mrs. William D. Jones, mother of William D. Jones IV ’81, in memory of her husband, “Buddy” Jones. This special scholarship is awarded to the McCallie Junior who works hard at his studies but has never received many honors.

FRED W. LAZENBY ’50 SCHOLARSHIP FOR MINORITY STUDENTSMarket Value: $544,456Established in 1986 by Ted Lazenby ’50, this fund pro-vides financial aid for minority students.

LIPSCOMB FAMILY FOUNDATION SCHOLARSHIP FUNDMarket Value: $78,173Established in 1995 by Mr. and Mrs. Ralph Cheek through a gift from the Lipscomb Family Foundation. There are no restrictions placed on this scholarship.

LLOYD ENDOWED SCHOLARSHIPMarket Value: $88,697Established in 1991 with an initial gift from Charles F. Lloyd ’53 in memory of his wife, Lynn Blubaugh Lloyd, whose dream was to provide a McCallie op-portunity for a deserving boy who otherwise could not afford it, and in honor of his parents, Albert E. and Helen R. Lloyd, in appreciation for their sacrificial decision to allow him to attend McCallie as a boarding student from 1949 to 1953. A second gift was made in 1992 by Mr. Lloyd following the death of his mother to recognize her commitment to the service of others. The scholarship will provide aid to a boy whose family demonstrates financial need to attend McCallie. There are no restrictions on this fund.

LOCAL INVESTMENT ENDOWED SCHOLARSHIP FUNDMarket Value: $21,763Initiated in 2010 with an anonymous gift, this fund will provide permanent need-based scholarship support for Chattanooga area boys, empowering McCallie to reach out more effectively to the community that has supported the donor’s primary business for many years. Scholarships are to be awarded to boys of high character and academic potential.

FELIX E. MARTIN JR. ’45 ENDOWED SCHOLARSHIPMarket Value: $2,568,632Initiated in 2008 with a gift from the estate of Felix Martin

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 disadvan-taged backgrounds. Mr. Mar-tin’s deepest hope during his lifetime was to share his good fortune with upcoming genera-tions by empowering them to have the same educational advantages he experienced at McCallie School during his formative years.

MCCALL FAMILY ENDOWED SCHOLARSHIP FUNDMarket Value: $135,305Established in 1998 by an earlier gift from Henry C. Mc-Call, this scholarship fund will provide financial assistance for boarding students.

GEORGE F. MCCANLESS JR. ’51 ENDOWED SCHOLARSHIPMarket Value: $42,906Having received two D’s in second year Algebra at his hometown high school, George McCanless ’51 pro-ceeded to flunk his entrance exam to McCallie. This required him to attend the Mc-Callie summer school. Upon graduating from McCallie two years later, he was admitted to the Massachusetts Institute of Technology where he earned two B’s in freshman Calculus. After graduating from M.I.T., he went on to an interesting ca-reer with NASA. He is eternally grateful to McCallie for turning his life around.

GEORGE F. MCCANLESS SR. ’22 MEMORIAL SCHOLARSHIPMarket Value: $92,779Established in 2001 in memory of Judge McCanless. Judge McCanless served with distinc-tion as the Tennessee State Attorney General and Supreme Court Justice. This scholar-ship is awarded to a day or boarding student whose high level of character would have been appreciated by Judge McCanless.

RADM FRANCIS DOUGLAS MCCORKLE ’21 MEMORIAL SCHOLARSHIP FUNDMarket Value: $15,768

Established in 1993 in memory of her late husband Rear Ad-miral 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 com-manded the battleship USS New Jersey during the Korean War. There are no restrictions on this fund.

THE MCCRAVEY FAMILY SCHOLARSHIP FUNDMarket Value: $77,509Established 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 SCHOLARSHIPMarket Value: $49,892Established in 2006 by Dr. William E. McDonald ’53 as a need-based scholarship for deserving boys.

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

WILLIAM SCOTT MCGINNESS ’31 MEMORIAL SCHOLARSHIP FUNDMarket Value: $107,227Established in 1991 to honor Bill McGinness ’31 and to remember with gratitude the impact McCallie School had on him. Donors have dedi-cated 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 SCHOLARSHIPMarket Value: $130,006This fund was established in 1982 by the classmates of C.M.S. McIlwaine Jr. ’58 with the provision that the McIlwaine Scholar should be a boy who excels in academic

19

THE FAULKNER EMERGENCY FUNDMarket Value: $170,243Established 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 adminis-tered 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 SCHOLARSHIPMarket Value: $59,321This scholarship was estab-lished on McCallie School’s cen-tennial, September 20, 2005, by the Washington D.C. Alumni Chapter to honor the school’s founders, Spencer Jarnagin Mc-Callie 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 SCHOLARSHIPMarket Value: $51,641Established in 2006 by Dr. and Mrs. Robert H. Greer ’53 as a need-based scholarship for deserving boys.

HARRIS SCHOLARSHIP FOR DAY STUDENTSMarket Value: $55,271Established 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 SCHOLARSHIPMarket Value: $14,310Established 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 SCHOLARSHIPMarket Value: $123,202Established 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.

HEADMASTER’S SCHOLARSHIP HONORING SELBY & RICHARD MCRAEMarket Value: $751,241Established in 1999 by the Richard McRae Jr. family in honor of his parents Selby and Richard McRae and in honor of Spencer McCallie III. This merit-based scholarship fund will provide partial tuition awards to runners-up in the honors scholarship program in perpetuity.

HEADMASTER’S SCHOLARSHIP HONORING SPENCER MCCALLIE III ’55Market Value: $1,174,735Established in 1998 as a tribute to retiring headmaster Spencer McCallie III ’55, this merit-based scholarship fund will provide half-tuition awards to runners-up in the Honors Scholarship Program in perpetuity.

HEMPHILL FOUNDATION SCHOLARSHIP FUNDMarket Value: $66,215Established in 2002 by Sonny Morris ’62 as a trustee of the foundation, this fund will provide need-based financial aid to deserving students who exemplify the McCallie ideals of scholarship and character.

SAMUEL B. HOLLIS ’47 ENDOWED SCHOLARSHIP FUNDMarket Value: $113,083Established in 1998, the Sam Hollis ’47 Scholarship Fund supports talented students with a preference given to boarding students when possible.

CARTER W. HOPKINS FAMILY FINANCIAL AID ENDOWMENTMarket Value: $112,381Established in 2003 by Mr. Carter W. Hopkins ’58 to provide need-based funds for boys of high character stand-ards in keeping with the values of the Hopkins Family.

DR. WILLIAM PARROTT HUST ’68 MEMORIAL FUNDMarket Value: $16,614Established in 1993 by Mc-Callie alumni and friends to honor Bill Hust ’68 who died

November 25, 1988. Proceeds from this fund are designated for use in conjunction with scholarship recipients as discretionary money for the admissions office to use for the purchase of books, supplies, program expenses, etc.

A. WARREN JAMES ’43 ENDOWED SCHOLARSHIP FUNDMarket Value: $246,851Established in 1991 by the Tonya Foundation to honor A. Warren James ’43 for his 38 years of service to McCallie. The scholarship is to be made available to a day student.

JAMES C. JOHNSON EDUCATIONAL AND ENDOWMENT FUNDMarket Value: $522,745Established in 1973 by James C. Johnson as a means of expressing his admiration for McCallie. Mr. Johnson, owner of Chattanooga Mattress Company, supplied mattresses to the boarding school.

JOHNSON MEMORIAL SCHOLARSHIPMarket Value: $40,701Established in 1985 by Col. Richard S. Johnson Sr. ’33 in memory of his son 2nd Lt. Richard Sandusky Johnson Jr. ’62 USMC and his wife Alma Hall Johnson. The scholar-ship is awarded to sons or grandsons of McCallie alumni who graduated between 1933 and 1966 (inclusive). Richard S. Johnson Jr. ’62 was killed in action in Vietnam on March 26, 1967.

JOHN SIKES JOHNSTON ’55 MEMORIAL SCHOLARSHIPMarket Value: $75,639Established in 2004 by Mrs. Gretchen Johnston Carpenter as a memorial to her late husband.

WILLIAM D. JONES III MEMORIAL SCHOLARSHIPMarket Value: $5,606Established in 1986 by Mrs. William D. Jones, mother of William D. Jones IV ’81, in memory of her husband, “Buddy” Jones. This special scholarship is awarded to the McCallie Junior who works hard at his studies but has never received many honors.

FRED W. LAZENBY ’50 SCHOLARSHIP FOR MINORITY STUDENTSMarket Value: $544,456Established in 1986 by Ted Lazenby ’50, this fund pro-vides financial aid for minority students.

LIPSCOMB FAMILY FOUNDATION SCHOLARSHIP FUNDMarket Value: $78,173Established in 1995 by Mr. and Mrs. Ralph Cheek through a gift from the Lipscomb Family Foundation. There are no restrictions placed on this scholarship.

LLOYD ENDOWED SCHOLARSHIPMarket Value: $88,697Established in 1991 with an initial gift from Charles F. Lloyd ’53 in memory of his wife, Lynn Blubaugh Lloyd, whose dream was to provide a McCallie op-portunity for a deserving boy who otherwise could not afford it, and in honor of his parents, Albert E. and Helen R. Lloyd, in appreciation for their sacrificial decision to allow him to attend McCallie as a boarding student from 1949 to 1953. A second gift was made in 1992 by Mr. Lloyd following the death of his mother to recognize her commitment to the service of others. The scholarship will provide aid to a boy whose family demonstrates financial need to attend McCallie. There are no restrictions on this fund.

LOCAL INVESTMENT ENDOWED SCHOLARSHIP FUNDMarket Value: $21,763Initiated in 2010 with an anonymous gift, this fund will provide permanent need-based scholarship support for Chattanooga area boys, empowering McCallie to reach out more effectively to the community that has supported the donor’s primary business for many years. Scholarships are to be awarded to boys of high character and academic potential.

FELIX E. MARTIN JR. ’45 ENDOWED SCHOLARSHIPMarket Value: $2,568,632Initiated in 2008 with a gift from the estate of Felix Martin

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 disadvan-taged backgrounds. Mr. Mar-tin’s deepest hope during his lifetime was to share his good fortune with upcoming genera-tions by empowering them to have the same educational advantages he experienced at McCallie School during his formative years.

MCCALL FAMILY ENDOWED SCHOLARSHIP FUNDMarket Value: $135,305Established in 1998 by an earlier gift from Henry C. Mc-Call, this scholarship fund will provide financial assistance for boarding students.

GEORGE F. MCCANLESS JR. ’51 ENDOWED SCHOLARSHIPMarket Value: $42,906Having received two D’s in second year Algebra at his hometown high school, George McCanless ’51 pro-ceeded to flunk his entrance exam to McCallie. This required him to attend the Mc-Callie summer school. Upon graduating from McCallie two years later, he was admitted to the Massachusetts Institute of Technology where he earned two B’s in freshman Calculus. After graduating from M.I.T., he went on to an interesting ca-reer with NASA. He is eternally grateful to McCallie for turning his life around.

GEORGE F. MCCANLESS SR. ’22 MEMORIAL SCHOLARSHIPMarket Value: $92,779Established in 2001 in memory of Judge McCanless. Judge McCanless served with distinc-tion as the Tennessee State Attorney General and Supreme Court Justice. This scholar-ship is awarded to a day or boarding student whose high level of character would have been appreciated by Judge McCanless.

RADM FRANCIS DOUGLAS MCCORKLE ’21 MEMORIAL SCHOLARSHIP FUNDMarket Value: $15,768

Established in 1993 in memory of her late husband Rear Ad-miral 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 com-manded the battleship USS New Jersey during the Korean War. There are no restrictions on this fund.

THE MCCRAVEY FAMILY SCHOLARSHIP FUNDMarket Value: $77,509Established 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 SCHOLARSHIPMarket Value: $49,892Established in 2006 by Dr. William E. McDonald ’53 as a need-based scholarship for deserving boys.

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

WILLIAM SCOTT MCGINNESS ’31 MEMORIAL SCHOLARSHIP FUNDMarket Value: $107,227Established in 1991 to honor Bill McGinness ’31 and to remember with gratitude the impact McCallie School had on him. Donors have dedi-cated 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 SCHOLARSHIPMarket Value: $130,006This fund was established in 1982 by the classmates of C.M.S. McIlwaine Jr. ’58 with the provision that the McIl-waine Scholar should be a boy who excels in academic

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.

THE MCNEILL-WOODWARD SCHOLARSHIP FUNDMarket Value: $95,044Established by Dr. and Mrs. J. Lawrence McNeill Jr. ’55, this fund places no restric-tions on the identification of recipients.

JAMES R. MCWANE ’50 MEMORIAL SCHOLARSHIPMarket Value: $108,554This scholarship is estab-lished 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, Ala-bama, area whenever feasi-ble. 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 SCHOLARSHIPMarket Value: $1,136,490Established in 1996 with a gift from Mr. and Mrs. Edward G. Michaels III ’60, this merit-based scholarship fund will provide full-tuition awards to Michaels Honors Scholars in perpetuity.

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

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

Preston Millet, Deborah DiS-tefano, 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 Prepara-tory School.

BILLY MILLIS ’34 SCHOLARSHIP FUNDMarket Value: $336,680Established in 1935 by the parents of William Brooks Millis ’34, in memory of their son who died in an automobile ac-cident while a freshman at the University of North Carolina. The Millis Scholarship is in-tended 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.

MILLS HONORS SCHOLARSHIPMarket Value: $565,242Established 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 SCHOLARSHIPMarket Value: $122,362The 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 WINZELERMarket Value: $24,856Established in 2000 with a gift from Jeff and Julie Olingy in honor of her parents, this fund will provide academic scholar-ships to deserving students unable to afford the cost of a McCallie education.

C. HOUSTON PATTERSON JR. ’43 SCHOLARSHIP FUNDMarket Value: $56,195Established 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 STUDENTSMarket Value: $12,767Established in 1985 by Mr. and Mrs. James D. Plyler ’54 of Greensboro, North Carolina in honor of Dr. Spencer J. Mc-Callie Jr. ’28, McCallie Head-master 1949-1974. This fund provides financial assistance for boarding students.

PORTER FAMILY SCHOLARSHIP FUNDMarket Value: $50,566Established in 2005 with gifts from Cheairs Porter ’90, Edward Porter ’94, and their parents, this fund supports a boarding student in the hope that he will someday give back to McCallie, just as the Porter Family has done. Further, it is understood that no financial aid grants will be awarded until the fund corpus reaches $50,000.

ROBERT L. ‘PETE’ POTTER MEMORIAL SCHOLARSHIP FUNDMarket Value: $34,966Established in 1995 by fam-ily, friends, former students and athletes, and former classmates from The University of Virginia. As an endowed fund, this permanent resource will provide an annual scholar-ship to a senior athlete who represents the high personal standards and focus on per-sonal achievement exemplified by Coach Potter.

RAINEY FAMILY SCHOLARSHIP FUNDMarket Value: $188,119Established in 2005 by the Callie and John Rainey Foundation in memory of Col. Herbert Pritchett Dunlap and Dr. John Faulkner Rainey.

READER’S DIGEST ENDOWED SCHOLARSHIP FUNDMarket Value: $323,411William Roy DeWitt Wallace, founder of Reader’s Digest, established a founda-tion whose funds are to be distributed to selected independent secondary schools across the country to provide partial scholarships for academically qualified students from primarily mid-dle income families. McCallie

received its first gift from the fund in 1974.

JOE RESTAINO ’08 SCHOLARSHIP FUNDMarket Value: $29,080The Joe Restaino Fund will provide support for the study or travel experience of an Honors Scholar in the sum-mer after his sophomore or junior year. Eligible students will submit proposals which will be reviewed by a faculty selection committee with input from the administration and the Restaino family. The award recipient will be announced to the faculty and will be expected to share his experi-ences with others. The recipi-ent will also be recognized at Honors Scholars Weekend. In addition to the financial stipend, the award will include copies of Joe’s talks and a travel journal. “Even a fool can summon bravery since the only difference between bravery and foolishness is the outcome of his endeavor.”

H. EDWARD RIETZE III ’55 MEMORIAL SCHOLARSHIP FUNDMarket Value: $319,992Mrs. DeeDee Rietze Jordan established this fund in 1999 in memory of her late husband Ed Rietze. There are no restrictions placed on naming the recipients each year. Mrs. Jordan’s expectation is to per-petuate the high standards of character and the deep appre-ciation for McCallie exemplified by Ed Rietze ’55.

JULIAN DAVID SAUL FAMILY SCHOLARSHIP FUNDTo be funded in 2012Established with a commit-ment in 2007, this fund, when fully endowed, will provide financial aid for talented boys whose families qualify for need-based assistance to make McCallie accessible.

DREW AND JEREMIAH SMITH MEMORIAL SCHOLARSHIPMarket Value: $258,522Established in 1992, this scholarship serves as a per-manent memorial to two young McCallie alumni, Andrew Siler “Drew” Smith ’92 and 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 SCHOLARSHIPMarket Value: $291,017Established 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 foot-ball, baseball, and basketball teams. The Spears Scholar-ship should be awarded to a boarding student, with prefer-ence always being given to a boy from North Carolina.

SPENCER FAMILY ENDOWED SCHOLARSHIP FUNDMarket Value: $51,077Established in 2007 with a gift from Ellen W. and Richard W. Spencer ’51, David DeForest Spencer ’74, David Scott Spencer ’03 and Mary Stewart Spencer Vines, this fund provides in perpetuity a need-based scholarship in memory of and in great appreciation for Margaret W. and A. DeForest Spencer, whose vision for their son and family included an exceptional education and whose sacrifices provided that education with unselfish enthusiasm. In providing this scholarship every year, the family promotes the continu-ation of important values of character, service and excel-lence as beacons for others to follow, as exemplified by Margaret W. and A. DeForest Spencer during their lifetimes. No financial aid grants will be awarded until the fund corpus reaches $100,000.

GERRY U. STEPHENS JR. ’82 SCHOLARSHIP FUNDMarket Value: $69,611Established in 1989 by Gerry U. Stephens ’43 in honor of his son, Gerry ’82. There are no restrictions regarding the recipient of this scholarship.

JOHN SHARP STRANG MEMORIAL SCHOLARSHIPMarket Value: $34,745Established 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 SCHOLARSHIPMarket Value: $113,692Established in 1992, this fund honors Russ Tate ’29, a pillar of strength who, in his 37 years at McCallie, touched the lives of over 3,000 boys, and pushed and encouraged them to become the best they could be. Annually, the school will name a Tate Scholar, a boy who qualifies for scholarship aid, is of good character, a scholar-athlete, and an exem-plary citizen of McCallie.

RONNIE THOMAS ’66 ENDOWED SCHOLARSHIPMarket Value: $63,763Established in 2009 with a generous gift from the family of Ronnie Thomas ’66, this fund honors Ronnie and is an expression of his deep love and appreciation for McCallie’s influence in his life. Proceeds from this endowed fund will be used for need-based financial aid, and preference will be given to boys from North Caro-lina, especially boys from the Winston-Salem area. Recipi-ents will represent high moral and academic standards.

LOY DURANT THOMPSON IV ’86 MEMORIAL SCHOLARSHIPMarket Value: $57,451Established in 2000 by family and friends of Loy Thompson IV who died in 2000, the boarding student recipient of this scholarship award will exemplify a commitment to

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anonymous donor to pro-vide need-based operating scholarships for African-American students from Chattanooga. Preference is givien to a son of a full-time Christian worker.

WILLIAM MABRY MEMORIAL SCHOLARSHIP FUNDOriginally 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 SCHOLARSHIPThe G.V. ‘Sonny’ Mont-gomery ’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 Missis-sippi family connections. The award will follow the student throughout his Mc-Callie 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 FUNDEstablished 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.

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

FRANK GUSTAFSON TOWNSEND ’60 MEMORIAL SCHOLARSHIPMarket Value: $11,865Established 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 SCHOLARSHIPMarket Value: $1,125,890Established 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 FUNDMarket Value: $9,986The 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 inspir-ing 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 FUNDMarket Value: $42,471Established in 1998, the Wed-ding 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 FUNDMarket Value: $16,162Established in 2009 by the family of Andrew West ’89 in his honor and with thanksgiv-ing 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 SCHOLARSHIPMarket Value: $112,846Established 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 SCHOLARSHIPMarket Value: $28,893Established in 1997 with a gift from the Edna Sproull Williams Foundation, this endowment provides permanent support for McCallie’s annual need-based scholarship program.

MARK KING WILSON JR. ’29 SCHOLARSHIP FUNDMarket Value: $55,390Established 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 SCHOLARSHIPMarket Value: $4,760Established 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 SCHOLARSHIPEstablished 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 FUND2010-11 Gifts: $25,490Established 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 fel-lowship. All proceeds from the tournament will enable talented and deserving boys in the Chattanooga area to attend McCallie.

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

ISHMAEL SCHOLARSHIPEstablished by an anonymous donor in 2010 to support boys from single mother families, the Ishmael Scholarship repre-sents 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 bless-ings and the opportunity to pay it forward.

THE KLEIN FUNDInitiated in 2008, The Klein Fund is an endowment pro-viding emergency financial aid to boys whose families experience serious or sud-den 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 enroll-ment. 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 apprecia-tion for the role McCallie has played in the lives of Joel Klein ’78 and his son Chris Harvey ’00.

LANGSTON HUGHES SCHOLARSHIPEstablished in 2003 by an

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 CAMPMarket Value: $37,981This 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 an-eurysm. 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 TRAVELMarket Value: $38,068Established 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-spon-sored international travel, with the hope that current students will embrace the life-changing nature of travel abroad and thereby will develop broader perspec-tives on the world and its citizens.

STUDENT TRAVEL FUNDS CONTINUED...CONTINUED FROM PAGE 9

MICHAEL M. ALLISON JR. ’28 MEMORIAL GEOMETRY MEDALMarket Value: $11,572Established 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 MEDALMarket Value: $1,347Named 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 AWARDMarket Value: $8,124Established 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 AWARDMarket Value: $2,594Originally known as the “Mrs. S. H. Campbell Prize for All Round Attainment,” this award for achieve-ment 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

STUDENT AWARDS FUNDS

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

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

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 AWARDMarket Value: $27,761Established 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 AWARDMarket Value: $1,435The 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 FUNDMarket Value: $2,087Established 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 AWARDMarket Value: $1,858Established 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.

CLIFFORD BARKER GRAYSON ’12 MEMORIAL MEDALMarket Value: $9,981The first recipient of the Gray-son 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 sen-ior who will be most missed in the future.

JOHN C. JOHNSON ’66 SPANISH AWARDMarket Value: $663Established in 2002 by a grateful anonymous donor, this award is presented annually to an outstanding student of the Spanish language.

JOHN HARVEY KENT MEMORIAL TRUST FUNDMarket Value: $2,133Established in 1966 by Dr. John Harvey “Jock” Kent, who taught Latin at McCallie from 1940 until 1945 and served as Head of the Classics Department. Income is used to purchase an award for an outstanding student of Latin each year.

LYNN LOVE SUPPORTIVE PARENT AWARDMarket Value: $2,330Established in 2000, the purpose of this award is to re-member the supportive nature exemplified by Lynn Love, who died in January 2000. This an-nual award honors the memory of Lynn Love, the mother of three McCallie boys, and will recognize the most supportive parent for the McCallie soccer program each year.

DR. JAMES PARK MCCALLIE MEMORIAL FUNDMarket Value: $3,644Established 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.

DR. JAMES G. WARE CALCULUS MEDALMarket Value: $2,704Established by Dr. James G. Ware, who taught mathemat-ics at McCallie from 1959 un-til 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.

OPERATING FUNDS FOR AWARDS

GLENN HANES ’61 GROWTH TO POTENTIAL

AWARDEstablished in 2000 by a gift from Mr. and Mrs. William F. Womble Jr. ’60 and friends of Glenn Hanes ’61, this fund supports an annual award given to a senior boarding student who has shown outstanding personal growth while attending Mc-Callie School. Following the presentation of the award, additional proceeds from this fund support faculty profes-

sional development.

DR. SPENCER J. MCCALLIE JR. ’28 VESTRY

AWARDEstablished in 2002 by an anonymous donor, this fund honors Dr. Spencer J. McCallie Jr. ’28, former Headmaster and son of one of the school’s founders. The award will honor and recognize a Junior vestry member who has been an inspiration to the vestry by his leadership and exemplary Christian attitude.

STAMPER ESSAY CONTESTEstablished by the family of the late Walter Hunter Stamper Jr. ’41 who was devoted to the principles of our American 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 FUNDSCONTINUED FROM PAGE 17

CARL GIBBS SMITH JR. ’53 ENDOWED FUND FOR PROFESSIONAL DEVELOPMENTMarket Value: $52,947Established in 2002 by Gibbs Smith Jr. ‘53, this fund is to be used to provide professional development grants to faculty based on current school poli-cies. Grants are to be awarded for the purpose of professional refreshment, stimulation, and growth.

WORLD TRADE CENTER MEMORIAL ENDOWED FUND FOR FACULTYMarket Value: $52,947Established in 1996 by Michael F. Taylor ’76, proceeds from this fund are not to be restricted to salary or profes-sional development, but to include any form of faculty support deemed important by the Board of Trustees.

THE CLASS OF ’72 RENEWAL GRANTS PROGRAMEstablished by the Class of ’72 in honor of their former teachers and their 35th reunion, this fund recognizes the great impact McCallie teachers had on their class. The intent of these awards

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

OTHER RESTRICTED FUNDS

CURTIS F. BAGGETT ’65 SERVICE FUNDTo be funded in 2012McCallie is dedicated to preparing young men to make a positive difference in their world. An important component of that preparation involves learning to respond to those in need. The Baggett Fund was established to encourage a sense of service to the larger community. The proceeds of the Fund provide support for projects in which students are actively engaged in helping others. These projects can be either reactive (as in the case of tornado relief) or proactive (as in the case of drilling a well in an impoverished area) and can be local, national, or international in outreach. The administration oversees the approval process and allocation of the Fund.

JOSEPH O. BOWMAN JR. ’36 MEMORIAL FUNDMarket Value: $27,776Established in 2010 with an initial gift from Dr. Jo Ann

C. Bowman in honor of her husband Joseph O. Bowman Jr. ’36, this fund will provide annual support for McCallie’s Faculty Fund, which helps underwrite various incidental expenses for boys on financial aid. The Faculty Fund is administered by the Director of Financial Aid, and it makes funds available on a predict-able or emergency basis to provide such items as dental care, eye care, textbooks, clothing, computers, and a variety of other school related items that boys on financial aid would otherwise not be in a position to purchase.

GAINES P. CAMPBELL ENDOWMENT FOR SUPPORT OF THE SUS-TAINING FUNDMarket Value: $1,147,359Established in 2001 by a be-quest from Gaines P. Campbell Jr. This fund will support Mc-Callie’s Annual Sustaining Fund in perpetuity. The Sustaining Fund helps to underwrite faculty salaries and need-based student financial aid.

CHARACTER DEVELOPMENT PROGRAMMarket Value: $1,064,795Established in 2004 to enhance McCallie’s character

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Spotlight: Walker Ranson2011 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.”

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

THE LEWIS F. CISTO ENDOWMENT FOR MUSIC STUDENTSMarket Value: $113,032Initiated in 2002 by an anonymous and grateful donor whose son was deeply influenced by and person-ally encouraged by McCallie’s director of music programs, Lew Cisto. This fund will provide permanent financial aid support for McCallie students to attend school-sponsored music trips.

CLASS OF ’78 FUNDMarket Value: $12,156Designation of these funds has not yet been announced.

COACHING FOR CHARACTER FUNDMarket Value: $106,879Established in 2009 with a gift from Janie and Turner Howard ’65, this endowment provides special support for McCallie’s character develop-ment program as it relates specifically to athletics in the school community. Funds for training coaches in their teaching of character in athlet-ics, for rewarding coaches for activities relating to character development, and for pro-grams focused on character initiatives are underwritten by this special fund.

ROBERT MCGEE DAVENPORT ’49 FUND FOR LANDSCAPINGMarket Value: $88,719Established in 1993 through a bequest from the estate of Mr. Robert McGee Davenport ’49, this fund is to be used for campus landscaping projects.

THE DICKSON FUND FOR VISITING SPEAKERS AND WRITERSMarket Value: $171,867Established in 1985 by The Dickson Foundation, Inc. to provide visiting writers and speakers for McCallie School.

DULIN ENDOWMENT FUNDMarket Value: $22,081Established in 2006 by Jim Dulin ’73 of Charlotte, North Carolina, this endowment

is the permanent, ongoing component of a larger gift that underwrites grants to students as part of their senior projects under the leadership program. Each senior will be required to design and implement a com-munity service project, and to prepare for that, each senior can apply for a grant from The Dulin Endowment, whose annual income will support a portion of the total grants available. Further, the donor encourages each senior, as he plans his project, to consider his own spiritual journey and the role of community service in that journey. For the first five years of the fund and the lead-ership program, an additional gift is provided as operating fund start-up monies for senior projects.

ENDOWED FUND FOR CHRISTIAN SPEAKERSMarket Value: $24,055This fund was initiated in December of 2005 by Joe ’76 and Rebecca Haskins and is used to bring Christian speak-ers to McCallie for Chapel and other events for the boys.

ENDOWMENT FOR THE SUPPORT OF THE COUNSELING PROGRAMMarket Value: $93,160Countless boys and families have benefited enormously from the skilled and caring manner of counselor, friend, and faculty member, Jim Mancke. Established in 2011 in honor of his retirement and 17 years of service to the boys and families of McCallie, The Mancke Fund will provide permanent resources for the support of the activities that connect boys, parents, and the school with healthy personal growth within the academic setting. The endowment will underwrite the costs associated with helping boys develop into mature, caring young men, capable of making thoughtful, healthy life decisions. Freeing boys from adolescent trouble spots such as substance abuse and poor decision making is a goal of the counseling program, in addition to coming alongside boys as they explore meaningful life questions about relationships, academic work, 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 excep-tional impact Jim Mancke has had on the life of the school and its community.

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

KEITH ENDOWED FUND FOR CHRISTIAN PROGRAMSMarket Value: $144,158Established in 1997 by Mr. and Mrs. Graeme M. Keith Jr. ’74. This endowed fund is designed to provide permanent funding to help underwrite student and faculty activities that directly promote the Christian Gospel and Christian teachings, recognizing that these activities are encouraged by the school on a voluntary basis.

TED KING ’50 FUNDMarket Value: $6,481Established in 2006 by Ted King ’50. Designation for use of these funds has not yet been determined.

MCCALLIE MICROFINANCE FUNDIn partnership with McCallie’s student Investment Society, Mr. and Mrs. Robert A. Pattillo established the McCallie Mi-crofinance Fund as both learn-ing and service opportunities for the student members. The funding will provide investment practice utilizing the world wide network of microfinanc-ing, and the income from the investments will support campus projects.

JOSEPH JEPTHA NORTON IV ’65 MEMORIAL FUNDMarket Value: $11,664Established in 1975 in Joe’s memory by his mother and classmates for the purpose of providing McCallie’s library with timely and readable business publications.

O’HERRON-DEWEY ENDOWED FUNDMarket Value: $65,305Established 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 SUPPORTMarket Value: $4,076Established in 2007 by a gift from Dr. Leland M. Park ’59, retired Librarian of Davidson College. This fund will support McCallie’s library needs.

HENRY LAMAR RANKIN ’43 MUSIC FUNDMarket Value: $19,150Initiated with a gift from the family of Lamar Rankin ’43, the Lamar Rankin Fund provides permanent support for the McCallie music department. No disbursements will be made until the corpus reaches $25,000.

ENDOWED FUND FOR STRINGS IN MUSIC PROGRAMMarket Value: $7,436Established in 2009 by Dr. and Mrs. Xiao C. Mu, proceeds are to be used to encourage pas-sion and participation in the Strings Program of McCallie’s Music Department.

THE HUGO TALIAFERRO JR. ’42 FUNDMarket Value: $19,032Initiated by his classmates and friends to honor Hugo Taliaferro ’42, the objective of this fund is to support and enhance school programs that encourage hospitality activities between boarding students and day families. Hugo’s friends remember his mother’s abiding interest in helping boarding students and recognize the pivotal role that local families have in creating a welcoming and encourag-ing community for McCallie’s boarding students. The fund will forever hold high the standards of generosity and hospitality displayed by Hugo Taliaferro ’42 and his family.

JAMES ALLEN VANN LECTURE FUNDMarket Value: $221,911Established 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 DRAMAMarket Value: $223,317Established in 2005 through a bequest from the estate of Mr. Thomas Francis Walker ’25. “Senor” Walker was a Spanish and French Teacher at McCallie from 1943 until 1974. He also served as Dramatics Director.

OTHER RESTRICTED FUNDS-OPERATING

CLASS OF ’55 HEADMASTER’S DISCRETIONARY FUNDIn honor of their 50th reunion, the Class of 1955 established this fund for operating purposes restricted to the Headmaster’s discretion. It is to be used to fund a program that the Headmaster deems worthy as a significant en-hancement for the school over the next five years, but that is under funded or unfunded through the normal budgetary process.

FACULTY DEVELOPMENT & PROFESSIONAL GROWTH-BOYDEstablished in 1986 by David A. Boyd ’57, an outstanding McCallie scholar, this fund is designated for emergency or unbudgeted support of professional and personal op-portunities for the faculty.

GIBBS FRENCH PRIZEFirst given to Edward Young Chapin III ’40, this longstand-ing award has been supported by gifts from the family of Mr. J. Philip Gibbs Jr. ’34. The recipient is selected by faculty of the French Department.

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

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

UNRESTRICTED FUNDS

FOUNDERS GENERAL ENDOWMENTMarket Value: $929,635Established 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 expendi-ture of these funds.

DR. ROBERT LEWIS MCCALLIE ’29 MEMORIAL FUNDMarket Value: $895,966Established shortly after his death in 1965, this permanent-ly endowed memorial provides a lasting tribute to “Dr. Bob,” who was born and reared on the McCallie campus and liter-ally 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 FUNDMarket Value: $7,656Established 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 ENDOWMENTMarket Value: $1,206,270Established in 1993 by Hard-wick 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 [email protected].

McCallie School

500 Dodds AvenueChattanooga, TN 37404

(800) 234-2163www.mccallie.org

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