The Frank Lloyd Wright Foundation announced today that, at its Dec. 5 Board meeting, it approved a possible path towards independent incorporation of the Frank Lloyd Wright School of Architecture. The Foundation Board’s decision has been embraced and approved by the School of Architecture Board of Governors and representatives of alumni and the broader school community.
In order to meet critical fundraising goals that will allow it to achieve the financial autonomy necessary to become an independent organization, the Frank Lloyd Wright School of Architecture is immediately launching the Campaign for Independence – to raise $2 million before the end of 2015.
Providing one of the most notable educational experiences in the country, the School’s professional M.Arch degree program offers graduate students hands-on, design-intensive studio experiences within the immersive educational communities of Taliesin West (Scottsdale, Arizona) and Taliesin (Spring Green, Wisconsin). This past year saw the highest number of new students in the School’s history, 100% student retention for the third consecutive year, and the launch a “Teaching Fellowship” program that has added five distinguished international architectural educators and practitioners to the School’s teaching ranks.
Despite its recent successes, as was previously reported, accreditation for the School is threatened because the Higher Learning Commission (HLC) changed its by-laws, resulting in an expectation that the Foundation retain ultimate financial responsibility for the School while simultaneously ceding governance, financial, and operational control to a separate, autonomous organization. After two years of exploration and debate, the Foundation Board concluded that it could not agree to guarantee funding to an autonomous School to the level it would need to thrive without retaining ultimate control or decision-making authority, particularly given its responsibility to find funding for tens of millions of dollars (at least) in critically needed preservation work in the coming years and for the other critical components of the Foundation’s mission.
Following that determination, longtime supporters of the School suggested the possibility of raising substantial funds to create and support an independent School. The Foundation Board readily agreed that, if the School community can 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 extensive 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 of well over $1 million).
“If the School community can successfully raise this $2 million,” said Jeffrey Grip, Chair of the Foundation Board of Trustees the Foundation, “the Foundation will proudly and enthusiastically commit to independently raising funds to match that giving 3.5 to 1, with support of more than $7 million over the next five years.”
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 March 27, 2015 – and gifts/pledges for a second million must be received by Dec. 31, 2015.
“There is an exceptionally bright future possible for the Frank Lloyd Wright School of Architecture,” said Maura Grogan, Chair of the School’s Board of Governors. “But that future is only possible with the generous support of donors, right now. Without significant and immediate support, there will no longer be a stand-alone accredited Frank Lloyd Wright School of Architecture. This campaign is the only opportunity to save the Frank Lloyd Wright School of Architecture as we know it – and to ensure its success and impact for decades to come. I urge people to join us in this critical endeavor.”
Related Stories
| Aug 11, 2010
PCA partners with MIT on concrete research center
MIT today announced the creation of the Concrete Sustainability Hub, a research center established at MIT in collaboration with the Portland Cement Association (PCA) and Ready Mixed Concrete (RMC) Research & Education Foundation.
| Aug 11, 2010
Study explains the financial value of green commercial buildings
Green building may be booming, especially in the Northwest, but the claims made for high-performance buildings have been slow to gain traction in the financial community. Appraisers, lenders, investors and brokers have found it difficult to confirm the value of high-performance green features and related savings. A new study of office buildings identifies how high-performance green features and systems can increase the value of commercial buildings.
| Aug 11, 2010
Architecture Billings Index flat in May, according to AIA
After a slight decline in April, the Architecture Billings Index was up a tenth of a point to 42.9 in May. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending. Any score above 50 indicates an increase in billings.
| Aug 11, 2010
Architecture Billings Index drops to lowest level since June
Another stall in the recovery for the construction industry as the Architecture Billings Index (ABI) dropped to its lowest level since June. The American Institute of Architects (AIA) reported the August ABI rating was 41.7, down slightly from 43.1 in July. This score indicates a decline in demand for design services (any score above 50 indicates an increase in billings).
| Aug 11, 2010
RTKL names Lance Josal president and CEO
Lance K. Josal FAIA has been named President and CEO of RTKL Associates Inc., the international planning, design and engineering firm. Josal succeeds RTKL’s current President and CEO, David C. Hudson AIA, who is retiring from the firm. The changes will take effect on 1 September 2009.
| Aug 11, 2010
Balfour Beatty agrees to acquire Parsons Brinckerhoff for $626 million
Balfour Beatty, the international engineering, construction, investment and services group, has agreed to acquire Parsons Brinckerhoff for $626 million. Balfour Beatty executives believe the merger will be a major step forward in accomplishing a number of Balfour Beatty’s objectives, including establishing a global professional services business of scale, creating a leading position in U.S. civil infrastructure, particularly in the transportation sector, and enhancing its global reach.
| Aug 11, 2010
Construction unemployment rises to 17.1% as another 64,000 construction workers are laid off in September
The national unemployment rate for the construction industry rose to 17.1 percent as another 64,000 construction workers lost their jobs in September, according to an analysis of new employment data released today. With 80 percent of layoffs occurring in nonresidential construction, Ken Simonson, chief economist for the Associated General Contractors of America, said the decline in nonresidential construction has eclipsed housing’s problems.
| Aug 11, 2010
Billings at U.S. architecture firms exceeds $40 billion annually
In the three-year period leading up to the current recession, gross billings at U.S. architecture firms increased nearly $16 billion from 2005 and totaled $44.3 billion in 2008. This equates to 54 percent growth over the three-year period with annual growth of about 16 percent. These findings are from the American Institute of Architects (AIA) Business of Architecture: AIA Survey Report on Firm Characteristics.