daedalian foundation annual meeting report chairman major general jerry allen
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DAEDALIAN FOUNDATIONDAEDALIAN FOUNDATIONANNUAL MEETING REPORTANNUAL MEETING REPORT
CHAIRMAN CHAIRMAN
MAJOR GENERAL JERRY ALLENMAJOR GENERAL JERRY ALLEN
MISSIONMISSION
• The mission of the Daedalian Foundation is to promote military aviation, education, citizenship, and charity. We have set the following goals to accomplish the mission:
– We will inspire young Americans to pursue careers as military aviators, via college scholarships, flying instruction, and other educational opportunities.
– We will perpetuate the spirit of patriotism, the love of country, and the high ideals of self-sacrifice exemplified by the American pilots of World War I, in whose honor the Order of Daedalians was founded.
– We will raise and invest funds to advance the Daedalian Foundation mission.
We will inspire tomorrow's military aviators to selflessly serve our Nation.
VISIONVISION
WHAT WE DO!WHAT WE DO!
SCHOLARSHIPS
CADET FLIGHT INDOCTRINATION
EDUCATION AWARDS
JROTCAWARDS
DAEDALUS FLYER
NEWSLETTERS
DAEDALIAN FOUNDATIONDAEDALIAN FOUNDATIONMISSION ACHIEVEMENTS – CY 2014MISSION ACHIEVEMENTS – CY 2014
AWARDS AWARDS # BUDGET FUNDED % # BUDGET FUNDED % Egan Mentoring 7 $27,000 $28,000 104
CAP Grants 5 8,000 0 N/A
Matching 65 67,871 54,253 80
Army ROTC 3 7,500 7,500 100
Navy ROTC 3 7,500 7,500 100
AF ROTC 6 13,000 15,000 116
Egan Memorial 5 10,000 15,000 150
Jr. ROTC Medals 1240* 7,700 9,200 120
Descendants 3 6,000 6,000 100
Spencer 3 3,000 2,250 75
CFIP- Tex Hill 15 14,500 18,500 127
CFIP - Leavoy 3 4,500 2,703 60
Other 6 3,000 5,500 183
TOTALS 124* $179,571 $171,400 96
* Figure not included in TOTALS of awards
DAEDALIAN FOUNDATIONDAEDALIAN FOUNDATIONFlight Matching ScholarshipsFlight Matching Scholarships
• Foundation matches up to $2,500/Flt./CY.
• Recipient must have desire and potential to become a military pilot.
• Recipient may be either a college student or HS senior, accepted by a university.
Years 2010 2011 2012 2013 2014
# of Awards 73 62 65 65 65
Total $ Awards $66,748 $59,000 $64,334 $52,351 $54,253
# Flights Involved 40 34 34 32 33
Avg $ Award $914 $952 $990 $805 $834
CADET FLIGHT INDOCTRINATION CADET FLIGHT INDOCTRINATION PROGRAMPROGRAM
PARTICIPATING PARTICIPATING FLIGHTS 2014FLIGHTS 2014
Flt 1 Founders
Flt 2 Stinsons
Flt 13 San Diego
Flt 16 LeMay
Flt 23 DFW
Flt 30 Hap Arnold
Flt 38 Longhorn
Flt 39 Eagle
Flt 61 Bud Day
Flt 103 Ft Hood
TRAINING COSTS TRAINING COSTS PER CADETPER CADET
60/40 50/50 50/50 50/50 50/50
Foundation/Flight shared costs
Years 2010 2011 2012 2013 2014
# of Cadets 15 15 15 19 20
Foundation $ $16,738 $12,921 $16,738 $18,984 $22,214
# of Flts involved
8 9 9 10 10
Avg $/Cadet $1,082 $862 $1,116 $999 $1,110
EDUCATIONAL AWARDSEDUCATIONAL AWARDS
LIEUTENANT GENERALS MILLARD F. & HUBERT R. HARMON: Presented annually to the USAF Academy Outstanding CadetPresented annually to the USAF Academy Outstanding Cadet
GENERAL MUIR S. FAIRCHILD EDUCATIONAL ACHIEVEMENT:Selected annually by the Air University Commander for the most significant contributionSelected annually by the Air University Commander for the most significant contribution
ORVILLE WRIGHT ACHIEVEMENT: Presented to the outstanding pilot graduates of the pilot training schools of the USAF, Presented to the outstanding pilot graduates of the pilot training schools of the USAF,
USN and USA.USN and USA.
DAEDALIAN JROTC ACHIEVEMENT: Presented annually to outstanding high school cadets at participating schools. Presented annually to outstanding high school cadets at participating schools.
JROTC AWARDS JROTC AWARDS
FUNDRAISINGFUNDRAISINGSponsorshipsSponsorships• Amazon Foundation (Amazon Smile)Amazon Foundation (Amazon Smile)
• Cockpit USACockpit USA
• American PharmaciesAmerican Pharmacies
• Lockheed MartinLockheed Martin
• Valero Valero
• Big Give SA- KSAT, Mays Foundation Big Give SA- KSAT, Mays Foundation
and John Santikos Foundationand John Santikos Foundation
New ScholarshipsNew Scholarships• Colonel John D. Hedges MemorialColonel John D. Hedges Memorial
• New Pilot Recruiting AwardNew Pilot Recruiting Award
TELLING OUR STORYTELLING OUR STORY
• Monthly NewsletterMonthly Newsletter
• Daedalus FlyerDaedalus Flyer
• EmailsEmails
• PostcardsPostcards
• VideosVideos
• Personalized LettersPersonalized Letters
• TwitterTwitter
• FacebookFacebook
Eagle Wing Level Donation $Pilot $ 100 Element Leader $ 250 Flight Leader $ 500 Squadron Commander $ 750 Wing Commander $ 1,000 Wing Commander Exemplar $ 2,000Eagle Wing "Ace" $ 5,000Eagle Wing "Double Ace" $10,000Eagle Wing "Triple Ace" $15,000Eagle Wing "Ace of Aces" $20,000
EAGLE WING LEVELSEAGLE WING LEVELS
MAJ GEN JERROLD ALLEN, USAF (RET) LT COL DENNIS LEUTHAUSER, USAF (RET)
LT COL JAMES BROWN III, USAF (RET) COL CLAIR W POTTER, USAF (RET)
COL ROBERT CAMPBELL, USAF (RET) LT COL MALCOLM ROUNTREE
MR WILL HENDRIX COL DONALD ROBISON, USAF (RET)
BRIG GEN KENNETH F KELLER, USAF (RET) LT GEN RAY B SITTON, USAF (RET)
COL ANTHONY G "Bud" KENDRICK, USAF (RET) COL DONALD SPEAREL, USAF (RET)
MR LAIRD LEAVOY MAJ CHARLES ZABRISKIE, USAF (RET)
EAGLE WING “ACES” EAGLE WING “ACES” DOUBLE ACE - COL JAMES W. KELLOGG, USAF (Ret)
SUSTAINING GIFTSUSTAINING GIFTPROGRAM PROGRAM
Maj Gen Jerrold Allen, USAF (Ret) Col Addison Rawlins III USAF (Ret)
Lt Col Michael Buck, USAF (Ret) Col Morgan G. Rosenborough, USA (Ret)
Mrs. Maureen DeFelice Lt Col Gilbert Schnabel Jr, USAF (Ret)
Col Thomas Hansen, USAF (Ret) Maj Jessica Stearns, USAF (Ret)
Lt Col Richard Lorey, USAF (Ret) Lt Col Terry Warren, USAF (Ret)
Col Ellis B. McClintick, USAF (Ret) Lt Col Karl Wheeler, USAF (Ret)
Col Charles Neel, USAF (Ret)
FUNDRAISINGFUNDRAISINGDonation History
2011 2012 2013 20142011 2012 2013 2014 $219,583 $224,941 $154,457 $154,457 $157,055
TREASURER’S REPORTTREASURER’S REPORT• Net Assets
Foundation $ 1,748,534$ 1,748,534 Egan ScholarshipEgan Scholarship $ 1,761,060 $ 1,761,060 Tex Hill ScholarshipTex Hill Scholarship $ 119,183$ 119,183 LeavoyLeavoy $ 53,599 $ 53,599 SpencerSpencer $ 27,823$ 27,823 NissenNissen $ 2,979 $ 2,979
$ 3,713,178 $ 3,713,178 • IncomeIncome
Donations UnrestrictedDonations Unrestricted $ $ 145,010 InvestmentsInvestments $ 59,813$ 59,813 Order-Services RndOrder-Services Rnd $ 63,749$ 63,749
Restricted Assets Rel Restricted Assets Rel $ 104,429$ 104,429 $ 373,001 $ 373,001
• ExpensesExpenses FlyerFlyer $ 82,698$ 82,698
ScholarshipsScholarships $ 183,539$ 183,539 Operating ExpensesOperating Expenses $ $ 109,662109,662
$ 375,899$ 375,899
20142014
FINANCIAL COMPARISONFINANCIAL COMPARISON
Net Assets $ 3,401,824 $ 3,616,817 $3,724,692 $ 3,713,178 $ 3,401,824 $ 3,616,817 $3,724,692 $ 3,713,178
Income Income $ 305,946 $ 389,522 $ 338,070 $ 373,001$ 305,946 $ 389,522 $ 338,070 $ 373,001
Expenses $ 288,086 $ 289,850 $ 300,799 $ 375,899Expenses $ 288,086 $ 289,850 $ 300,799 $ 375,899
2011 2011 2012 2013 2014 2012 2013 2014
2014 2014 AUDITAUDIT
• The Audit was completed 15 April 2015.
• The auditors gave an unmodified opinion.
• Opinion states there are no significant significant reservations in respect to matters reservations in respect to matters contained in the Financial Statementscontained in the Financial Statements.