Supporting the Academy - Giving Socities

Heritage Society
The Chicago Academy for the Arts gratefully acknowledges the individuals who have demonstrated his/her personal commitment to the school’s future by creating an endowment fund at the $50,000 level over a 5 year period OR through his/her pledge to create a $50,000+ endowment fund though estate planning. The Heritage Society ALSO recognizes donors who have made contributions totaling $100,000 in lifetime giving to the school.

Leadership Circle
The Leadership Circle recognizes individuals who support The Chicago Academy for the Arts with an annual gift of $1,000 or more. Donors to the Leadership Circle are recognized as members of the following giving societies

Headmaster’s Society $1,000 to $2,499
Since the school’s inception, there have been 5 Headmasters of The Chicago Academy for the Arts. They are Larry Jordan, Ashley Owen, Richard O’Dell, Frank Mustari, and Pamela Jordan. Gifts may be made in honor or memory of these Headmasters.

Founder’s Society $2,500 to $4,999
The Chicago Academy for the Arts had 5 visionary founders. They included William Louis Gaines, Larry Jordan, Essee Kupcinet, Joyce Sloane, and Zelda Werner. Gifts may be made in honor or memory of these founders.

Larry Jordan Society $5,000 to $9,999
Larry Jordan was the founding Headmaster at The Chicago Academy for the Arts. His passion and commitment to the school laid the foundation for our success today.

Essee Kupcinet Society $10,000 and above
Essee Kupcinet was a key founding trustee of The Chicago Academy for the Arts. Together with her husband Irv Kupcinet, Essee was a driving force that generated community support for the Arts Academy

Friends of the Arts Academy $500 to $999
The Friends of the Arts Academy are individuals and businesses that support the school with an annual gift of $500 or more (equivalent to a commitment of $10/week.) In addition to recognition in the annual report and on the donor board, Friends are invited to a donor recognition event during the academic year.

Donors
Donations at all gift levels play a vital role in supporting the school. All donors at the $100+ level will be recognized in the annual report. In addition, donors at the $250+ level will have his/her name prominently displayed on the donor board in the school’s Founders’ Wing.

Endowment Gifts
Gifts to the Endowment Fund provide support for Arts Academy scholarships in perpetuity. The fund provides donors with a vehicle to make provisions to continuously support the school on an annual basis, at the level of his/her choice, through a one-time commitment to the school. Gifts of all levels may be made to the Endowment Fund:

Endowment Level	Fund provides* this annual support in perpetuity	Additional Donor Benefits
$5,000	$250	Donor recognized on the donor board in perpetuity
$10,000	$500	Donor recognized as a Friend of the Arts Academy in perpetuity
$25,000	$1,250	Donor recognized as a member of the Leadership Circle in perpetuity
$50,000	$2,500	Entitles donor to create a Named Scholarship Fund; Donor also recognized as a member of the Heritage Society
$100,000	$5,000	Donor recognized as a member of the Larry Jordan Society
$300,000	$15,000	Funds a full scholarship in perpetuity Donor recognized as a member of the Essee Kupcinet Society

* Annual support based on 5% return on the endowment portfolio.

Since the principal is reinvested and only the interest is awarded each year, these funds insure that future generations of Arts Academy students will have the resources to attend the school. In 2006, the Arts Academy received a $100,000 challenge grants from the Edward E. Ford Foundation to build this vital source of scholarship support. We thank the foundation for this generous incentive to provide support for future generations of Arts Academy students.