University of Virginia Curry School of Education Foundation, Inc.
P.O. Box 400276
Charlottesville VA 22904-4276
Mission Statement The Foundation was formed to aid and assist the University of Virginia Curry School of Education, whether by financial assistance or otherwise, in achieving its objectives and in promoting and facilitating the active involvement of alumni and friends of the University of Virginia Curry School of Education.
Leadership
CEO/Executive Director Mr. Gerald D Starsia
Board Chair Mrs. Paulette G. Katzenbach
Board Chair Company Affiliation Girlsportworks
Contact Information
Address P.O. Box 400276
Charlottesville, VA 229044276
Telephone 434 924-0854
Fax 434 924-6907
E-mail curry-foundation@virginia.edu
History and Background
Year of Incorporation 1977
Former Names
NameYear
The University of Virginia School of Education Foundation, Inc2012
Financial Summary
 
 
Projected Revenue $8,000,000.00
Projected Expenses $1,869,010.00
Statements
Mission The Foundation was formed to aid and assist the University of Virginia Curry School of Education, whether by financial assistance or otherwise, in achieving its objectives and in promoting and facilitating the active involvement of alumni and friends of the University of Virginia Curry School of Education.
Impact FY 2010/2011 Top Accomplishments:
  1. The Foundation supported 93 graduate students with scholarships totaling nearly $368,000.
  2. The Foundation established three new scholarships/fellowships for graduate students.
  3. A beautiful new education building, Bavaro Hall, was opened in August 2010. The building was funded primarily with philanthropic gifts raised by the Foundation.
  4. The Foundation has raised 106% of its original $55 million goal under the University of Virginia Campaign begun in 2004.
 
FY 2011/12 Top Goals:
  1. Endowment for six new faculty chairs at $1 million each.
  2. $50 million for our Building Better Teachers Initiative.
  3. $15 million for a new Education Leader and Innovator Degree Program administered jointly with the U.Va. Darden School of Business.
  4. $5 million for an Education Innovation Incubator to foster and strengthen the supply chain for innovative school reforms.
  5. Endowment for 10 new fellowships that will support recruitment of highly desirable doctoral students.  

The quality of the Curry School’s programs attracts the best and brightest graduate students across Virginia and the nation. However, the financial aid packages we have been able to offer these talented students is one half to one third of the financial packages offered by our competitor institutions, especially for highly desirable prospective doctoral students. We lose a significant number of top students to schools with better offers. The Curry School has a special priority on raising support for underrepresented students as we work to diversify the student body.
Needs
  • $50 million for our Building Better Teachers Initiative. 

The Curry School’s Center for Advanced Study of Teaching and Learning (CASTL) has already created and tested an approach to improving the skills of practicing classroom teachers. Using this approach, we now know how to build a competency-based teacher education program. We seek funding to redesign the teacher education program in concert with four to six other top schools of education with whom we will develop a replicable and effective approach for training teachers. Curry also seeks research and development funding for the Center for Advanced Teaching and Learning (CASTL). Building on its track record in teacher assessment and training, CASTL is poised to devise the next generation of tools to improve teaching and learning.

Other needs include the following:
  • Endowment for six new faculty chairs at $1 million each.
  • $15 million for a new Education Leader and Innovator Degree Program administered jointly with the U.Va. Darden School of Business.
  • $5 million for an Education Innovation Incubator to foster and strengthen the supply chain for innovative school reforms.
  • Endowment for 10 new fellowships that will support recruitment of highly desirable doctoral students.
Background

Overview

A non-profit, tax-exempt Virginia corporation, the Curry School Foundation is the official fund-raising and gift-receiving organization for the Curry School of Education.
 
Established in 1975 through the dedicated efforts and enthusiastic support of countless donors, volunteers and friends of the Curry School, the Curry School Foundation has maintained a focused mission: to benefit the teaching, research, and outreach programs of the Curry School of Education.
 
The Foundation development staff has raised more than $58 million for the Curry School Campaign since 2004, including $37 million for the beautiful new Bavaro Hall, which opened in August 2010.
CEO Statement
The Curry School Foundation supports the U.Va. Curry School of Education, which has long maintained a reputation for high quality teacher preparation and groundbreaking educational research. The school’s single-minded focus on improving student academic and physical health and well-being runs through the every facet of the school’s programs—teacher preparation, educational research, assessment, policy studies, curriculum and instruction, school leadership, counseling, communications disorders, kinesiology, and more. Helping children and families is the primary objective for the faculty and students.
 
The school’s ability to make a lasting impact on learning is directly dependent on our ability to attract and retain a highly respected faculty and to support their teaching and research. The school needs both eminent scholars, who can use their experience to attract grant support for high-profile, high-impact research projects, and emerging scholars, who can launch their careers at Curry conducting significant research in our new and expanded centers. Our work to raise endowment funds for faculty chairs supports this need.
 
The school also has some very exciting goals for promoting entrepreneurial leadership in education. Joining forces with Darden, the Curry School plans to launch a key driver of school transformation through a new Education Leader and Innovator Degree Program. This program will draw talent from a range of diverse fields and interests and focus that talent on the challenges of school leadership and reform. We will train an entirely new model of school leader/reformer—one who most likely comes from outside education—who is steeped in the practices of business and innovation and who understands and can lead radical, data-driven reforms.
 
Another exciting initiative is the school’s plan to supply innovation to education systems and businesses. Policymakers and education leaders, practitioners, and reformers all agree on the dire need for innovation in education.  Our country’s future truly hinges on our capacity to innovate in an education system that is publicly financed and publicly regulated. The Education Innovation Incubator aims to fill this need, to foster and strengthen the supply chain for innovation, to connect innovations to the market, and to serve as a proof of concept for ways schools of education can be driving forces for change.
 
Please contact me if you would like to know how you can partner with us in reaching these aggressive goals.
Areas of Service
Areas Served
Area
International
Board Chair
Board Chair Mrs. Paulette G. Katzenbach
Company Affiliation Girlsportworks
Term Apr 2015 to Apr 2017
Email pgkatzenba@aol.com
Board of Directors
Board Members
NameAffiliation
Mr. Richard R. Abidin Community Volunteer
Mrs. Carol Hawkins Armstrong Community Volunteer
Mr. Michael B. Baughan Noranco
Mrs. Christine Bavaro Community Volunteer
Ms. Melanie Biermann Retired
Mr. Peter C Brooks CornerStone Partners, LLC
Ms. Courtney Brown Lumina Foundation
Mrs. Jane R. Buck Curry School Foundation
Ms. Jennie Chiu Curry School
Mrs. Martha Downer-Assaf Pace Academy
Mr. Douglas M. Dunnan Investment Firm
Mrs. Ragan P. Folan WingHaven Consulting, LLC
Mr. David Foster Norton Rose Fulbright Law
Ms. Margaret K. Frischkorn-Meyers St. Christopher's School
Mrs. Cynthia T. Galant Community Volunteer
Mr. Terrence Hanlon Curry School
Ms. Carla S. Harrell Teacher
Ms. Lora Henderson Student
Ms. Jennifer Hunter Altria Client Services
Mrs. Paulette Goerig Katzenbach Community Volunteer
Mr. Peter C. Kelly Capital Guardian Trust Co
Ms. Christine Lotze Philosophy IB
Mr. William A. Marr Jr.Community Volunteer
Mr. David W. Martel University of Virginia
Ms. Kristin Merlo Delta Dental
Mr. Daniel M. Meyers First Marblehead Corporation
Mr. Jason M. Palmer Kaplan Test Prep
Mr. Robert C. Pianta U. Va. Curry School of Education
Mr. Andrew J. Rotherham Bellwether Education Partners
Mr. Peter K. Scaturro Community Volunteer
Mr. Gerald D. Starsia Curry School Foundation
Mrs. Elizabeth G. Staunton St. Anne's Belfield School
Mrs. Sandra F Stern Stern Estates
Mr. W. McIlwaine Thompson Jr.William McIlwaine Thompson, Jr., PC
Mr. Justin Thompson University of Virginia
Ms. Stephanie van Hover Curry School
Mrs. Jamelle S. Wilson Hanover County Public Schools
Ms. Merrill S. Woodriff Community Volunteer
Board Demographics - Ethnicity
African American/Black 4
Asian American/Pacific Islander 1
Caucasian 28
Hispanic/Latino 0
Native American/American Indian 0
Board Demographics - Gender
Male 16
Female 17
Governance
Board Term Lengths 3
Board Term Limits 4
Written Board Selection Criteria? Under Development
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100
Number of Full Board Meetings Annually 3
Standing Committees
Audit
By-laws
Executive
Nominating
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Scholarship
Finance
Strategic Planning / Strategic Direction
Other Boards
The tables below contain information about other groups that advise this nonprofit on operations and projects.
Executive Director
Executive Director Mr. Gerald D Starsia
Former CEOs
NameTerm
Ms. Margaret Ann Bollmeier Jan 2010 - Dec 2014
Mr. Jeff Boyd Jan 2014 - Apr 2015
Plans
Organization has a Fundraising Plan? Yes
Organization has a Strategic Plan? Under Development
Management Succession Plan? Under Development
Nondiscrimination Policy Yes
Whistleblower Policy Yes
Document Destruction Policy No
Directors and Officers Insurance Policy Yes
Programs
Description
Fiscal Year
Projected Revenue $8,000,000.00
Projected Expenses $1,869,010.00
Endowment Value $14,900,000.00
Spending Policy Percentage
Percentage (if selected) 4.6
Form 990s
IRS Letter of Exemption
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201520142013
Foundation and
Corporation Contributions
------
Government Contributions$0$0$0
Federal------
State------
Local------
Unspecified------
Individual Contributions$1,583,633$1,491,890$1,834,079
------
$111,105$99,863$159,029
Investment Income, Net of Losses$548,724$1,750,238$1,039,886
Membership Dues------
Special Events------
Revenue In-Kind$128,226--$291,390
Other$23,533$49,654$109,734
Expense Allocation
Fiscal Year201520142013
Program Expense$1,292,012$3,858,495$1,463,434
Administration Expense$183,903$210,808$132,794
Fundraising Expense$293,777$423,191$580,568
Payments to Affiliates------
Total Revenue/Total Expenses1.350.751.58
Program Expense/Total Expenses73%86%67%
Fundraising Expense/Contributed Revenue19%28%32%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$15,398,346$14,666,642$15,698,925
Current Assets$1,883,278$3,283,380$6,468,385
Long-Term Liabilities$0----
Current Liabilities$107,390$164,603$96,037
Total Net Assets$15,290,956$14,502,039$15,602,888
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities17.5419.9567.35
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets0%0%0%
Capital Campaign
Currently in a Capital Campaign? No
Capital Campaign Anticipated in Next 5 Years? No
State Charitable Solicitaions Permit
Solicitations Permit
Solicitations Permit ExemptionView
Comments
Foundation Comments
  • Form 990 and audit prepared by Hantzmon Wiebel, LLP
  • Financial information provided by audit