The Frank Lloyd Wright School of Architecture at Taliesin announced today that it had reached almost 50% of the $1 million fundraising goal it needs to reach by the end of August on its way to independent status. The remaining $500,000 of these funds must be promised to the school by August 25 for the school’s Campaign for Independence to move forward.
In December of 2014, after an agreement between the Board of The Frank Lloyd Wright Foundation and The Frank Lloyd Wright School of Architecture, the School agreed to raise $2 million, with $1 million of it by the end of this month, in order to achieve the financial autonomy necessary to become an independent organization.
Accreditation for the school has been threatened because the Higher Learning Commission changed its by-laws and would no longer accredit schools that are operating divisions of larger institutions with multi-faceted missions.
The School’s professional M.Arch degree program offers graduate students design-intensive studio experiences at campuses in Taliesin West (Scottsdale, Ariz.) and Taliesin (Spring Green, Wis.). Over the last year, the school has revamped its curriculum to provide a better experimental graduate program in architecture. It focuses on learning how to make the human-made environment more sustainable and open. Students work with local communities to both design and build projects, and they make shelters that each student lives in for his or her final semester.
Accreditation for the school has been threatened because the Higher Learning Commission (HLC) changed its by-laws and would no longer accredit schools that are operating divisions of larger institutions with multi-faceted missions. Facing the possibility of the Frank Lloyd Wright School losing accreditation and potentially closing, longtime supporters suggested the possibility of raising funds to create and support an independently-incorporated school.
The Foundation Board agreed that, if the school's community could raise funds sufficient to demonstrate that the new organization would have “its own financial resources” (as explicitly required by the HLC’s by-laws), then spinning off the school would not present the same obstacles. The new, independent school organization would take ultimate fiduciary responsibility for itself.
As part of the new structure, the Foundation would donate over $1 million in facilities-related cash expenses every year, related to the school's use of Taliesin West and Taliesin as its campuses (at no cost to the school). The Foundation would also contribute an additional subsidy of $580,000 to the school in 2015, with decreasing levels of such additional transitional support over the next five years (but always continuing to cover 100% of annual facility-related expenses which total more than $1 million annually).
In order to achieve the desired independence and continue as a stand-alone School of Architecture, gifts and pledges for an initial $1 million in contributions must be received by August 25, 2015 – and gifts and pledges for a second million must be received by December 31, 2015.
Related Stories
Architects | May 17, 2015
NCARB wants the title ‘architect’ confined to those who are licensed
The Council is urging state licensing boards to come up with a substitute for the pre-licensure title ‘Intern.’
Museums | May 13, 2015
The museum of tomorrow: 8 things to know about cultural institutions in today’s society
Entertainment-based experiences, personal journeys, and community engagement are among the key themes that cultural institutions must embrace to stay relevant, write Gensler's Diana Lee and Richard Jacob.
Industrial Facilities | May 11, 2015
SOM-designed Manufacturing and Design Innovation Institute opens in Chicago
The new space will be a place for academia, industries, and civic bodies to collaborate.
Sponsored | Roofing | May 11, 2015
How architects can tap into the expertise of their metal roof manufacturer, part 2
Here are three things metal roof manufacturers can do to help the architect
BIM and Information Technology | May 10, 2015
How beacons will change architecture
Indoor positioning is right around the corner. Here is why it matters.
Architects | May 10, 2015
Harness the connection between managing risk and increasing profitability, Part 2
In Part 1, we covered taking control of the submittals schedule and managing RFIs. Let’s move on to properly allocating substitutions and limiting change orders.
Architects | May 10, 2015
Harness the connection between managing risk and increasing profitability, Part 1
AE firms need to protect themselves against vague contractual and procedural situations during all phases of the project in order to minimize their liability and exposure to risk, writes AEC industry consultant Steve Whitehorn.
Building Team | May 8, 2015
Construction industry adds 45,000 jobs in April
The construction industry saw an increase in jobs during the month of April after losing approximately 9,000 positions in March.
Building Team | May 8, 2015
Surety bond forms specifically for design-build projects now available
The documents are the first of their kind to be coauthored by designers and builders.
High-rise Construction | May 6, 2015
Parks in the sky? Subterranean bike paths? Meet the livable city, designed in 3D
Today’s great cities must be resilient—and open—to many things, including the influx of humanity, writes Gensler co-CEO Andy Cohen.