MISSIONFALL 2013

Advancing the

INCARNATE WORD ACADEMY FOUNDATION NEWSLETTER

“Since my mom’s death in June, 2011, not a day goes by that I am not reminded of her and all she taught me,” reminisced her son, Henry LeMaire. “I was so proud of her and all she did for others. In October, 2011, I established the Sandra Pope LeMaire Sykora Scholarship as a tribute to her and a way of keeping her memory alive.”

A descendant of the pioneering Dunn/Dunne family, Sandra followed in the footsteps of family members who were strongly committed to Catholic education at Incarnate Word Academy—Katie Dunn, who graduated in 1913; Maxwell P. Dunne, Jr., who graduated in 1927; her mother Virgin Dunne Pope, in 1931, to name but a few of the many relatives educated at IWA.

After completing her elementary education at CC Cathedral School, Sandra graduated from Incarnate Word Academy in 1966 and later sent her son Henry to IWA.

Sandra was a lovely, caring lady who lived a life of kindness, generosity and service. Henry described her as a “selfless giver and a great mom.” Her commitment to the Sisters and priests of the Corpus Christi Diocese was evident in the time, attention, and service she gave to them so selflessly throughout her lifetime.

Sandra had a unique gift of relating and consoling those who had lost loved ones with a compassion and graciousness—

showing how deeply she cared. Her own experiences with trials and difficulties enhanced her ability to serve others with love, joy, and patience.

In his homily during Sandra’s Mass of Christian Burial, Msgr. Richard Shirley stated, “The one thing that epitomized her is that she was truly a woman of faith.” Henry added: “I believe that the foundation for her faith, love, and courage was laid by her parents and the Sisters of the Incarnate Word, who taught her.”

Her faith grew during her childhood and adolescent years when she searched for answers to even the most fundamental questions about life. During much of her adult life she faithfully looked after an aging parent, being there for her night and day, all the while being present on the job.

Her work was more than just a job; it was her vocation and the honor she believed she was given to help grieving families during their own pain with the loss of a loved one. Sandra was always willing to put herself out for a neighbor, a friend, or someone who needed that helping hand or that listening ear. The totality of Sandra’s life and her faithfulness give witness to the gift of generous service in the way she lived, the values she espoused, and the fidelity of a lifetime.

Her son Henry is indebted to his mother for her example of goodness and faith. He is grateful to those who joined him in making the Sandra Pope LeMaire Sykora Scholarship a reality.

“Setting up this scholarship in honor of my mom has been a rewarding experience for me,” stated Henry, “Since it will provide an ongoing way of continuing her legacy of faith. I would encourage anyone wanting to spread the Good News through Catholic education to support the IWA Scholarship Program.”

Leaving a Legacy of Faith

Sandra Sykora, her granddaughters Leah and Lindsey, and her sister-in-law Jonelle LeMaire

Henry LeMaire and his mother Sandra Sykora

T H E R E V I VA L O F C R T ’S

The Revival of Charitable Remainder TrustsIn the early 1990s, when the capital-gain tax rate on securities and non-depreciated real estate was 28 percent and the maximum tax rate on ordinary income was 39.6 percent, the charitable remainder trust was very popular. If someone sold a highly appreciated asset, he or she would have only 72 percent of the gain to reinvest; but by transferring it to a charitable remainder trust, 100 percent of the proceeds could be reinvested.

Moreover, the donor received a significant income-tax deduction—and if in the highest bracket, every dollar of deduction resulted in nearly 40 cents of tax savings, with even more savings in a state that allowed a charitable deduction on the state return.

A decline in popularityLater in the 1990s, the capital-gain tax rate was reduced to 20 percent. Then under the Bush administration it was reduced still further to 15 percent, and the maximum federal tax rate on ordinary income decreased to 35 percent. During the first decade of the new century, we also saw two stock market declines and the collapse of real estate prices. Not surprisingly, fewer people estab-lished charitable remainder trusts; they had less to give, and their tax savings would be smaller.

Reasons for the revivalNow all of those factors that worked against charitable remainder trusts have been reversed. The Dow is at an all-time high, home prices are rising again, and income -tax rates are back to where they were in the 1990s. The capital-gain tax rate on securities and non-depreciated real estate can reach 23.8 percent—including the new health-care surtax—and the top income-tax rate is once again 39.6 percent. Little wonder that we are seeing a revival of charitable remainder trusts.

Benefits to the familyAside from offering a way to convert highly appreciat-ed assets to life income without current taxation of the gain while reducing taxes on other income, a charitable remainder trust can be the solution for a variety of family situations:

• Itcanincreaseincomeduringretirement.• Itcanpermitthediversificationofaconcentrated stock position without incurring capital-gain tax.• Itcanbeameanstoaccumulatemoreforfuture retirement on a tax-sheltered basis.• Itcanbeatax-favoredwaytoprovideforheirs with remaining retirement funds.• Itcanbeameanstoprovideforarelativewhois not a prudent money manager.

And, yes, you can choose the charitable purpose for the remaining trust assets. For example, you could create a scholarship in your name or your family’s name. Please contact: Sr. Martha Ann Snapka 361-883-8229, ext. 106 Cell: 361-877-1232 Email: snapkam@iwacc.org

The Jeanne de Matel Heritage Circle The Jeanne de Matel Heritage Circle was established by the Sisters of the

Incarnate Word and Blessed Sacrament in 2003 to recognize individuals

who have indicated that they have included Incarnate Word Academy in

their will. Through the generous bequests of past donors, Incarnate Word

Academy has been able to continue providing excellence in education and

advancing the mission.

A N N UA L R E P O R T ~ 2 0 1 2 - 2 0 1 3The Incarnate Word Academy Foundation was established in 1989 by the Sisters of the Incarnate Word and Blessed Sacrament to provide adequate funding for scholarships and educational development solely for Incarnate Word Academy, Corpus Christi, Texas. It serves as a stable ongoing way of assuring tuition assistance for years to come by providing an entity for receiving and managing the contributions of donors according to their intent. The IWA Foundation is committed to scholarships and tuition assistance grants, faculty professional growth, and education into the future. Inviting the school community, past partners, friends, and benefactors to partner with the Sisters and the Foundation in providing a quality education in a Catholic school environment has been a blessing to all concerned—the sisters, the IWA family, and the larger community.

The 2012-2013 Incarnate Word Academy Foundation Report is presented by the Trustees of the Foundation to express appreciation to donors and to practice good stewardship of the resources entrusted to our care. This report is published separately to recognize the distinction between Incarnate Word Academy and the Incarnate Word Academy Foundation, a funding source separate from the annual financial management of the school.

We are grateful to those who have contributed to the Incarnate Word Academy Foundation through scholarships, memorials and bequests. We ask God’s blessings on you and your families.

Dr. Robert BezdekMary Gwen Foran Brummitt ’49Rosemary Logan Doolin ’66Sister Suzanne Friedmann, SFCCLidy P. FritzBobby and Donna GoughJennifer and Monty Lee

Trustees of the Incarnate Word Academy Foundation Sister Michelle Marie Kuntscher ’60, President Sister Annette Wagner ’64, Vice President Sister Mary Ann Korczynski, Treasurer Sister Maria Irma Gonzalez, Trustee Sister Marilyn Grace Springs, Trustee

The Jeanne de Matel Heritage Circle MembershipThe Jeanne de Matel Heritage Circle recognizes individuals who have indicated that they

have included Incarnate Word Academy in their wills.

Ann Logan-Lubben ’64Shirley Paul MireurInez Sagarino MonseesTravis H. and Jeanette E. Flusche Mullenix ’54Patricia Riek ’58Mary C. Shead ’43Alan and Mamie Stoner

Msgr. Alvin TenglerAneda Shead Zablocki ’43

The Incarnate Word Academy Scholarship Program began in 1978. Since its inception, approximately 750 students have been awarded scholarships. Scholarships are a powerful way to make a difference in the lives of others and help keep Incarnate Word

Academy accessible to as many students as possible.

A permanent scholarship is established with a minimum of $10,000 as an endowed fund within the Incarnate Word Academy Foundation. The principal of the fund is invested and a portion of the earned interest is distributed to qualifying students, preserving the principal to generate future awards. The following permanent scholarships annually enrich the life at Incarnate Word Academy and support the school in perpetuity, helping to build ongoing funds to sustain IWA in the years to come. Donors are encouraged to make additional contributions to current permanent scholarship funds in order to increase the fund and earnings amounts over time.

Annette Deanne (Dee Dee) Berry Scholarship Kuntscher 50th Celebrants Scholarship Frank and Margaret Kuntscher Scholarship Chris Riedel Scholarship Scott and Josephine Temple Scholarship James, Eloise, and Wilma Weisman ScholarshipDean and Mary Kuntscher Berry ’56Joe and Geraldine Petru Kuntscher ’59Sister Juliane Kuntscher, IWBS ’55Frank and Kathy Kuntscher Sister Michelle Marie Kuntscher, IWBS ’60Mr. Victor A. KuntscherWoody and Eileen Kuntscher RiedelTerry and Judy Kuntscher Temple ’64Dolores E. Petru Vesely ’56Jimmy and Jeannine Kuntscher Weisman ’59

Sister Dorothy Anhaiser Scholarship Mr. and Mrs. Leon AnhaiserMr. and Mrs. Paul J. ColwellLt. Cmdr. and Mrs. Frederick Helle, Ret.Mrs. Suzanne HousewrightMr. and Mrs. Thomas P. LosierMs. Betty Stolarski

Dr. Bob Bezdek ScholarshipDr. Robert R. Bezdek

Bluntzer-Hernandez Scholarship Marie Herschbach Callis ’49

Sister Catherine Brehony Scholarship Anonymous DonorMichael J. Daehne ’08

Busker Memorial Scholarship Mark A. ’80 and Anita Heras Busker ’80Gary and Ann Busker Clarke ’70

Shelby and Marie Cole Scholarship Pam and Joe R. Nemec ’61

Richard E. Eleazer ScholarshipMichael J. Daehne ’08

Sister Anna Marie Espinosa, IWBS ’66 ScholarshipMichael J. Daehne ’08Incarnate Word Academy

Adolfo Garza ScholarshipMichael J. Daehne ’08Mrs. Elizabeth HommeIncarnate Word Academy Middle LevelMs. Ann KwiatkowskiMrs. Susan J. McCroneMrs. Mary E. Sierra-Lopez

Alfonso M. and Juanita S. Gonzalez Scholarship Dr. Adela N. Gonzalez ’56

Robert M. “Bob” and Neva Lee Knight Gough ’44 Scholarship Mr. and Mrs. Darrell AtkinsMr. and Mrs. Leonard A. BedellBobby and Donna Gough

“Dick” and Frances Bernsen Hatch Scholarship Jerri Hatch Paquette ’50

Richard Hatch Scholarship Jerri Hatch Paquette ’50

Sister Camelia Herlihy ScholarshipIncarnate Word AcademyGeraldine Kelly Thomson ’52

Anyssa Nicole Hinojosa Scholarship Mr. and Mrs. David G. Suarez

IWA/CCCA Academic Excellence Scholarship Ellen Jane Tiblier Carter ’53

Father Louis Joseph ’47 Scholarship Harvey and Mary S. Joseph Campbell ’50Marie Salem Habeeb ’42

Catherine “Tad” ’32 and Buck Kelly Scholarship Raymond and Margaret Mary Kelly Dreyer ’62Ken and Elizabeth Kelly Morgan ’58Geraldine Kelly Thomson ’52

Sister Michelle Marie Kuntscher ScholarshipDean and Mary Kuntscher Berry ’56Incarnate Word AcademyJoe and Geraldine Petru Kuntscher ’59Sister Juliane Kuntscher, IWBS ’55Frank and Kathy Kuntscher Sister Michelle Marie Kuntscher, IWBS ’60Mr. Victor A. KuntscherWoody and Eileen Kuntscher RiedelTerry and Judy Kuntscher Temple ’64Dolores E. Petru Vesely ’56Jimmy and Jeannine Kuntscher Weisman ’59

Amy Laudadio ’89 Scholarship Mr. and Mrs. James J. LaudadioDaphne and Paul D. Laudadio ’65Laudadio Polymers, Inc.

Martin-Hamner Scholarship Mary E. Martin Meyer ’55

Joseph M. “Jody” Metz ScholarshipMr. and Mrs. Edward W. BuscherMs. Anne Cragg

Mr. and Mrs. William A. HarrisonMr. and Mrs. Fred G. KarleMr. and Mrs. Joe RoyDr. Martha Tevis

Patty and Joe Mueller Scholarship Patty and Joseph P. Mueller CCCA ’42

Helen Power Munro Scholarship Grace Ford Powers ’63

Sister Martha O’Gara ’51 Scholarship Michael J. Daehne ’08

V. J. and Mary Lou Pesek Scholarship Mr. John Pesek

Jim and Betty Nemec Petru Scholarship Dean and Mary Kuntscher Berry ’56Joe and Geraldine Petru Kuntscher ’59Sister Juliane Kuntscher, IWBS ’55Frank and Kathy Kuntscher Sister Michelle Marie Kuntscher, IWBS ’60Mr. Victor A. KuntscherMr. and Mrs. James A. PetruWoody and Eileen Kuntscher RiedelTerry and Judy Kuntscher Temple ’64Dolores E. Petru Vesely ’56Ms. Elizabeth VeselyJimmy and Jeannine Kuntscher Weisman ’59Frederick and Elizabeth Petru Yaklin ’61

Patrick “Pat” Rivers CCCA ’55, Scholarship Joe and Mary Catherine Rivers Pennington ’50Henry (Hank) CCCA ’53 and Marlene Rivers

Ramsey Rodriguez ’93 Scholarship Ms. Katy AdamsMs. Marie C. AlfordMr. Tony ArmadilloMs. Elva J. DavilaMs. Belinda B. GamezMr. Joel GarciaMrs. Dolores GilleceMs. Rebecca A. GloverMs. Guadalupe GonzalezMr. Jesus E. GonzalezMs. Cecilia GuajardoMr. and Mrs. Ryan C. HibbettsMs. Tracie L. JensenMr. and Mrs. Patrick L. KieschnickMr. and Mrs. Ramiro LoeraMr. and Mrs. Luke V. MarkertMr. and Mrs. Mauricio R. MartinezMr. and Mrs. Homer S. NavarroMr. and Mrs. Joshua C. NycumMs. Cynthia G. OcanasMr. Frank I. Reyna

Mr. and Mrs. Marcelino G. RiosMr. and Mrs. Enrique R. RodriguezMrs. Enriqueta RodriguezMs. Laura SilvaMs. Elisa G. SolizMs. Emily C. SotoMs. Norma VasquezMr. Rodney O. Williams, Sr.Ms. Bertha G. Zamora

School Board Directors Scholarship Incarnate Word Academy

Gerald Robert and Willie Mae Shirley Scholarship Mr. and Mrs. Ronny L. Fritz, Sr.Art and Mary Shirley Salinas ’75

Alfred and Lucille Hoelscher Snapka ScholarshipThe Snapka Family

Sister Martha Ann Snapka ’53 Scholarship Mr. and Mrs. Roberto Montoya

R.J. “Jake” and June Snapka Scholarship Mr. and Mrs. Roger Mutchler

Carmen Solis ScholarshipLt. Colonel Carmen Solis

Sara Solis ScholarshipSara Solis Educational Trust

Sandra Pope LeMaire Sykora ’66 Scholarship Dr. and Mrs. Gerard W. BoyntonMichael J. Daehne ’08Raymond and Margaret Mary Kelly Dreyer ’62Rev. Monsignor Michael A. HowellAloysia M. LeMaire ’71Jonelle LeMaire ’62Mary E. LeMaireMr. Frederick C. MichaudMarion C. MuenzenbergerRev. Monsignor Roger SmithGeraldine Kelly Thomson ’52

Sister Agnes Marie Tengler ’43 Scholarship Mr. and Mrs. Casper Wenzel

Wally and Bernice Whitworth ’35 Scholarship Charles and Elizabeth Whitworth Menard ’57

Names following the individual scholarships are the donors for the 2012–2013 fiscal year.

IWA FOUNDATION SCHOLARSHIPS

Gift In Honor Of

Sister Olga Cardona, IWBSMr. Charles D. Imbergamo

Bobby and Donna GoughMr. and Mrs. Leonard A. Bedell

Marie Salem Habeeb ’42Harvey and Mary S. Joseph Campbell ’50

Rev. Monsignor Michael A. HowellRev. Monsignor Mark Chamberlin

Vicki Habeeb Mitchell ’67Nancy C. Wesson-Dodd ’67

Sister Judith Marie Saenz, IWBSMichael J. Daehne ’08

Gift In Memory Of

Dr. Robert Dougherty Bluntzer Jr. ’48Marie Herschbach Callis ’49Mr. and Mrs. Enrique J. Dura

Mr. Kevin M. BrokerMr. and Mrs. James J. Laudadio

Mr. Michael J. BrownGary and Ann Busker Clarke ’70

Dr. Wallace Crozier, M. D.Mr. and Mrs. Galen A. Ohnmacht

Sister Monica De La Rosa, ’51 IWBSKen and Elizabeth Kelly Morgan ’58

Deceased members: Chamberlin, Harris, Mosmeyer & Hunt FamiliesRev. Monsignor Mark Chamberlin

Lorraine Mew Eden ’40Raymond and Margaret Mary Kelly Dreyer ’62

Grace Fabian Elliott ’49Marie Herschbach Callis ’49

Mr. Edmond J. FordDonald and Susan Milloy Taft ’62

Mrs. Mary Catherine FrohnhoeferMarie Herschbach Callis ’49

Mr. E.D. HaasMr. and Mrs. James J. Laudadio

Mr. James H. “Jimmy” HatchJerri Hatch Paquette ’50

Grace Hatch Hooper ’47Raymond and Margaret Mary Kelly Dreyer ’62Jerri Hatch Paquette ’50Mrs. Margaret A. Screws

Mrs. Dorothy JanosekMr. and Mrs. Ronny L. Fritz, Sr.

Paul H. and Fay LaudadioGeraldine Kelly Thomson ’52

Lenore ’66 and Brad MabryMr. and Mrs. Brian ChamberlinRev. Monsignor Mark Chamberlin

Mr. Dick McClureMr. and Mrs. Daniel P. MakelkiMs. Courtney McLainMr. and Mrs. Casper Wenzel

Mrs. Winona J. McInteerMr. and Mrs. James J. Laudadio

Mr. John S. MetzMr. and Mrs. Edward W. BuscherMs. Anne CraggMr. and Mrs. William A. HarrisonMr. and Mrs. Fred G. Karle

Mrs. Merle Genevieve Bell MillerDonald and Susan Milloy Taft ’62

Frank and Annie OsinaMr. and Mrs. Thomas P. LosierMs. Betty Stolarski

Ms. Louise PetersDr. Joan T. Meaney ’79Margaret Anderson Sciantarelli ’37

Mr. Timothy SweeneyMr. and Mrs. James J. Laudadio

Mrs. Helen G. TaftMs. Susan R. BarhamMr. Richard Bell and Ms. Christine SalchCorpus Christi Equipment Company, Inc.Ms. Graciela Gonzales

Mr. and Mrs. Tom MatthewsMr. Edward D. TaftMrs. James H. ThroopMr. and Mrs. Ronald M. Yeager

Mrs. Ruby TagliabueMr. Edward J. GanemMrs. Virginia KohutekDolores E. Petru Vesely ’56

Mr. Robert VanecekMs. Lisa M. ColeyMs. Connie J. DieringerMrs. Angeline E. FloerkeMr. and Mrs. Keith FloerkeMr. and Mrs. Sam Floerke

Mrs. Mary Alice “Bushy” WhittonMr. and Mrs. James J. Laudadio

Sylvia Leal Ybarra ’60Raymond and Margaret Mary Kelly Dreyer ’62

Honor Roll of Donors

Platinum Archangel – ($15,000 +)Incarnate Word AcademySara Solis Educational TrustLt. Colonel Carmen Solis

Golden Archangel – ($10,000 +)Jerri Hatch Paquette ’50

Silver Archangel – ($5,000 +)Dr. Robert R. BezdekPatty and Joseph P. Mueller CCCA ’42

Bronze Archangel – ($2,500 +)AnonymousJohn G. and Marie Stella Kenedy Memorial Foundation

Archangel – ($1,000 +)Mark A. ’80 and Anita Heras Busker ’80Ellen Jane Tiblier Carter ’53Mrs. Suzanne HousewrightJoe and Geraldine Petru Kuntscher ’59Mr. and Mrs. Thomas P. LosierCharles and Elizabeth Whitworth Menard ’57Pam and Joe R. Nemec ’61Grace Ford Powers ’63Mrs. Dianne RaskaMrs. Enriqueta RodriguezThe Snapka FamilyVerizon

Guardian Angel – ($500 +)Dean and Mary Kuntscher Berry ’56Mr. and Mrs. Brian ChamberlinDr. Adela N. Gonzalez ’56Bobby and Donna GoughMr. Victor A. KuntscherAloysia M. LeMaire ’71Jonelle LeMaire ’62Ms. Mary E. LeMaireMary E. Martin Meyer ’55Mr. and Mrs. Roberto MontoyaMr. and Mrs. James A. PetruMs. Betty StolarskiTerry and Judy Kuntscher Temple ’64

Angel – ($100 +)Mr. and Mrs. Leon AnhaiserAnonymous DonorMr. and Mrs. Darrell AtkinsMr. and Mrs. Leonard A. BedellDr. Gerard W. BoyntonMr. and Mrs. Edward W. BuscherMarie Herschbach Callis ’49Harvey and Mary S. Joseph Campbell ’50Gary and Ann Busker Clarke ’70Ms. Lisa M. ColeyCorpus Christi Equipment Company, Inc.Ms. Anne CraggMichael J. Daehne ’08Ms. Connie J. DieringerMr. and Mrs. Enrique J. DuraMr. and Mrs. Ronny L. Fritz, Sr.Mr. Jesus E. GonzalezMarie Salem Habeeb ’42Lt. Cmdr. and Mrs. Frederick Helle, Ret.Rev. Monsignor Michael A. HowellMr. Charles D. ImbergamoIncarnate Word Academy Middle LevelMr. and Mrs. Fred G. KarleMr. and Mrs. James J. LaudadioDaphne and Paul D. Laudadio ’65Laudadio Polymers, Inc.Mrs. Susan J. McCroneDr. Joan T. Meaney ’79Mr. Frederick C. MichaudKen and Elizabeth Kelly Morgan ’58Ms. Marion C. MuenzenbergerMr. and Mrs. Roger Mutchler

Mr. and Mrs. Galen A. OhnmachtRev. Msgr. Mark ChamberlinJoe and Mary Catherine Rivers Pennington ’50Mr. John PesekMr. and Mrs. Woody RiedelHenry (Hank) ’53 and Marlene RiversArt and Mary Shirley Salinas ’75Mrs. Mary E. Sierra-LopezRev. Msgr. Roger Smith Mr. Edward D. TaftDonald and Susan Milloy Taft ’62Geraldine Kelly Thomson ’52Dolores E. Petru Vesely ’56Jimmy and Jeannine Kuntscher Weisman ’59Mr. and Mrs. Casper WenzelFrederick and Elizabeth Petru Yaklin ’61

Cherub – (up to $99)Ms. Katy AdamsMs. Marie C. AlfordMr. Tony ArmadilloMs. Susan R. BarhamMr. Richard Bell and Ms. Christine SalchMr. and Mrs. Paul J. ColwellMs. Elva J. DavilaRaymond and Margaret Mary Kelly Dreyer ’62Mrs. Angeline E. FloerkeMr. and Mrs. Keith FloerkeMr. and Mrs. Sam FloerkeMs. Belinda B. GamezMr. Edward J. GanemMr. Joel GarciaMrs. Dolores GilleceMs. Rebecca A. GloverMs. Graciela GonzalesMs. Guadalupe GonzalezMs. Cecilia GuajardoMr. and Mrs. William A. HarrisonMr. and Mrs. Ryan C. HibbettsMrs. Elizabeth HommeMs. Tracie L. JensenMr. and Mrs. Patrick L. KieschnickMrs. Virginia KohutekMs. Ann KwiatkowskiMr. and Mrs. Ramiro LoeraMr. and Mrs. Daniel P. MakelkiMr. and Mrs. Luke V. MarkertMr. and Mrs. Mauricio R. MartinezMr. and Mrs. Tom MatthewsMs. Courtney McLainMr. and Mrs. Homer S. NavarroMr. and Mrs. Joshua C. NycumMs. Cynthia G. OcanasMr. Frank I. ReynaMr. and Mrs. Enrique R. RodriguezMr. and Mrs. Joe RoyMargaret Anderson Sciantarelli ’37Mrs. Margaret A. ScrewsMs. Laura SilvaMs. Elisa G. SolizMs. Emily C. SotoMr. and Mrs. David G. SuarezDr. Martha TevisMrs. James H. ThroopMs. Norma VasquezMs. Elizabeth VeselyNancy C. Wesson-Dodd ’67Mr. Rodney O. Williams, Sr.Mr. and Mrs. Ronald M. YeagerMs. Bertha G. Zamora

ANNUAL GIFTS 2012-2013

RubyMaria Del Carmen Solis

EmeraldFritter EstateSara Solis Educational TrustMarguerite Sours Foundation

SapphireRoman and Sophie Bezdek SnapkaVann and Mary KennedyShirley Paul Mireur EstateO’Connor and Hewitt FoundationSan Jacinto Title Services of Corpus ChristiPhilomena Walker ’42Paul and Beverly York

PearlDr. Bob BezdekDr. Carlos Canales, M.D.Dr. William ’53 and Ellen Jane Tiblier-Carter ’53Joe and Margot CocoJohn and Patti FloodLidy Fritz EstateThe Gonzalez FamilyMaxine Fergerson GrubbsIWA Booster ClubIWA Middle Level PTOJoe and Geraldine Kuntscher ’59Aloysia LeMaire ’71Nan McGloinGeorge Anne Muckleroy ’55Patty and Joe Mueller, CCCA ’42Monica O’NeillJerri Hatch Paquette ’50

E.R. and Janice Phillips ’55Jack and Grace Powers ’63Cy and Dee Dee RichardsThe Rivers Family:Mary Catherine Pennington ’50, Joe, CCCA ’50, Henry, CCCA ’53 and Alex Rivers, CCCA ’61Arthur and Lora RoachMary Shead EstateMarguerite Sours FoundationEdward Speed, CCCA ’66Ernest Speed, CCCA ’58Terry and Judy Temple ’64Msgr. Alvin Tengler, CCCA ’42M. Delia Cortez TuckerPhilomena Walker ’42Ralph, CCCA ’56 and Kay West

In gratitude for the significant contributions of scholarship funds, the Precious Stones Supporting the Mission Scholarship Recognition Society was created. This recognition society acknowledges donors whose lifetime giving

to the scholarship program totals $10,000 or more. An induction ceremony takes place during the Annual Donor Appreciation Luncheon.

Diamond: $250,000+ u Ruby: $100,000-249,999 u Emerald: $50,000-99,999 u Sapphire: $25,000-49,999 u Pearl: $10,000-24,999

PRECIOUS STONES SUPPORTING THE MISSION SCHOLARSHIP DONOR RECOGNITION SOCIETY

STATEMENT OF ACTIVITIESJuly 1, 2012 to June 30, 2013

SUPPORTIWBS Sisters Contribution $410,000Contributions and Grants $236,901Investments Income $472,590

TOTAL SUPPORT $1,119,491

EXPENSESScholarships and Tuition Assistance $441,460Continuing Education - IWA Faculty $20,000Administrative Expenses $107,147

TOTAL EXPENSES $568,607

Increase in Net Assets $550,884

Net Assets Beginning of Year $3,771,234

Net Assets End of Year $4,322,118

PLANNED GIVING

Keep Bequests in Balance with Percentage Provisions If you are like most of us, you probably have contemplated how much of your estate you would like to leave to the people and organizations important to you. At first blush this seems like a pretty straightforward decision. To be sure, it is often not a complicated process to decide on bequests. However, specifying some bequests in exact dollar figures rather than percentages can have a significant impact on how your assets are distributed—and possibly result in distributions other than what you desired.

For example, suppose that when you plan your bequests your estate is worth $2,000,000 and you decide to leave $250,000 to each of your three children, $250,000 to our organization, and everything else to your spouse.

But what if over time there are dramatic shifts in the value of your assets, perhaps due to major moves in the stock market?

If your estate declines in value …If the value of your estate drops to $1,200,000, your chil-dren and our organization still get $250,000 each; howev-er, due to the order in which these types of bequests are fulfilled, your spouse gets only the remainder—$200,000. That may not be at all what you intended.

If your estate increases in value … If the value of your estate grows to $4,000,000, your chil-dren and our organization still get $250,000 each—and your spouse gets $3,000,000. If you had expected your estate to be worth so much more, you might have wanted your children or our organization to receive larger bequests.

Planning pointer: An easy way to provide for these kinds of contingencies is to make percentage bequests instead of bequests of a specific amount. Under this approach, you would leave one-eighth of your estate to each child and to our organization, with half going to your spouse.

In the case of the estate value declining from $2,000,000 to $1,200,000, the children and our organization would each get $150,000 instead of $250,000—and your spouse would get the other half, $600,000.

In the case of the estate value doubling to $4,000,000, each child and our organization would get $500,000 and your spouse would get $2,000,000.

The percentage bequest helps ensure that your true wishes are fulfilled.

IWA Foundation President Accepts Steeples Award

At the Distinguished Donor Appreciation and Recognition Awards Dinner on Thursday, October 17, 2013, Sister Michelle Marie Kuntscher, President, accepted the Steeples Award for the Incarnate Word Academy Foundation. The Steeples Award is the highest Distinguished Donor Award, recognizing contributions of $1,000,000 or more to Incarnate Word Academy.

Since its inception in 1989, the Incarnate Word Academy Foundation has contributed in excess of $5.5 million to Incarnate Word Academy for scholarships, tuition assistance and faculty professional growth. Funds in the Foundation come from bequests, mainly the contributions of Elena Kenedy to the Sisters of the Incarnate Word, who make annual contributions from this bequest to the Foundation.

Left to right: Sister Brenda Thompson ’56, Sister Michelle Marie Kuntscher ’60,

Charles D. Imbergamo, and Sister Martha Ann Snapka ’53

display the Steeples Award.

DEVOTED COMMITMENT TO CATHOLIC EDUCATION

2930 South Alameda StreetCorpus Christi, Texas 78404

www.iwacc.org

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P l e a s e v i s i t t h e w e b s i t e o f o u r s c h o o l a t w w w . i w a c c . o r g

INSIDE THIS ISSUE

The Revival of the CRT’s – Page 2

IWA Foundation Annual Report 2012-2013 – Page 3-6

Planned Giving – Page 7

Charles D. Imbergamo (L) accepts the award from Paxton Longwell (R), IWA Board Chair.

During the Distinguished Donor Appreciation and Recognition Awards Dinner on Thursday, October 17, 2013 at the Corpus Christi Country Club, Charles D. Imbergamo, IWA President and CEO, received the first award of the evening. He was inducted into the Jeanne de Matel Heritage Circle, which recog-nizes individuals who have indicated that they have included Incarnate Word Academy in their wills.

Since 1994, Charles D. Imbergamo has witnessed to his strong commitment to Catholic education. He has served as teacher, campus minister, principal, and president before coming to Incarnate Word Academy in 2009 as Director of Curriculum. In 2010 he was appointed IWA President and CEO.

His dedication to Incarnate Word Academy stems from the realization “that faith formation is the necessary foundation for a meaningful life.”

When asked about the formation of our next generation and the role of the educator, Charles stated, “We are keenly aware of the

love of God for all persons and the divine spark that moves us to continue to form young people who will know and love God, model Christ, and live for others.”

Appreciating the impact of Catholic education in the lives of students, Charles has elected to name the Incarnate Word Academy Foundation and the Sisters of the Incarnate Word and Blessed Sacrament as beneficiaries in his will.