Annual Report FY2024 [FINAL]

Page 1


AnnualReport 2024

Dear Friends,

I hope this message finds you well. As we take a moment to look back on the accomplishments of the past year, we are filled with gratitude for the incredible support we have received from our donors, dedicated staff, volunteers, and community partners Your unwavering commitment has been vital to our efforts in providing topnotch education and a nurturing home for our students

We are dedicated to our mission and strive to make a positive impact in the lives of our students and their families. Thank you for being an essential part of our journey Together, we are making a difference!

Warm regards,

Total Expenses Total Revenue $55,988,349

$13,865,701

$55,988,349 $18,123,835 $37,864,514 $55,988,349

$4,636,874 $761,778 $6,293,116 $2,173,933 $13,865,701

$10,725,421

$10,725,421 ($103,733)

CelebratingSuccess:Lauren Hedgepeth’sJourneyfrom GlenwoodAcademytoLaw

School

At Glenwood Academy, we aim to nurture the potential within every student, creating not only academically gifted individuals but also compassionate leaders prepared to make a difference in the world One shining example of this mission in action is Lauren Hedgepeth, an inspiring alumna whose journey exemplifies the transformative impact of our community

As Lauren prepares to graduate from Central State University with a major in criminal justice and aspirations of attending law school to become a judge, it is essential to recognize the forces that have shaped her success the unwavering support from her house parents, the Masons, and the dedication of her educators, especially Cynthia and Janet Hadnott

Lauren’s passion for law ignited during her middle school years, fueled by a desire to advocate for others and ensure justice is served She shared that her aspirations solidified after spending a day shadowing a judge, thanks to a connection made by her great aunt. This experience affirmed her dream and inspired her to pursue a path to law

At Glenwood Academy, house parents play a vital role in the residential life of students These dedicated individuals live in the cottages with students throughout the week, overseeing daily needs and emotional well-being, creating a family-like environment. The support of the Masons, Lauren’s house parents, was pivotal in creating a safe and encouraging space in which she could thrive Reflecting on their influence, Lauren said, “They were there for me when I needed support and guidance” Their commitment to not only her education but also her emotional well-being allowed Lauren to focus on her studies while feeling secure and valued

Equally impactful were her teachers, Cynthia Hadnott and Janet Hadnott Lauren highlighted their unique ability to engage her in the learning process, ensuring she not only understood the material but also felt inspired to explore her interests deeply. “They went above and beyond to make sure I felt engaged in class,” Lauren recalls The Hadnotts' dedication extended beyond textbooks; they encouraged critical thinking and nurtured her aspirations, empowering her confidence to pursue her dreams.

As Lauren stands on the brink of graduating and taking the next steps toward law school, her story serves as a powerful reminder of the profound impact that Glenwood Academy has on its students. Each investment made by our community of donors contributes directly to success stories like Lauren’s, reinforcing the idea that together, we cultivate an environment of growth, opportunity, and achievement

Lauren Hedgepeth embodies the core values of Glenwood Academy resilience, determination, and a commitment to making a difference. Her dreams of becoming a judge reflect not only a personal achievement but a promise to advocate for fairness and justice in a world that often calls for both

As we celebrate Lauren’s achievements, we invite you, our generous donors, to continue supporting the next generation of leaders Your contributions create pathways for students to thrive, engage, and aspire to greatness, ensuring that their potential is nurtured and realized.

Together, let us honor Lauren Hedgepeth and countless other students who, empowered by their education and the steadfast support of their community, are destined to leave a significant mark on our society. Thank you for being an integral part of this journey and for believing in the bright futures of Glenwood Academy’s alumni

Charles Weinberg: Championing Glenwood Academy for Nearly Three Decades

For 28 years, Charles Weinberg, CEO of MSI Express and founder of the Charles Weinberg Annual Golf Outing, has been a steadfast supporter of Glenwood Academy, an institution dedicated to nurturing and educating children in need. His journey with Glenwood began serendipitously while driving past its campus in the south suburbs of Chicago. Over the years, his curiosity turned into a profound commitment to the students and families of this remarkable institution

In the mid to late 1980s, while working at Clorox, Charles learned about Glenwood's initiative to build a playground, seeking a grant from the company he worked for. Intrigued by the mission of Glenwood, he accepted the opportunity to visit the campus, where he witnessed firsthand the impact of the academy on its students "I was very impressed with the way that Glenwood worked," Charles recalls "They took no public money and truly relied on businesses and private donations to support their cause."

His experience at Glenwood went beyond just constructing a playground; it opened his eyes to the academy’s holistic approach to education and personal development. The school was not just a place of learning; it was a community that instilled life skills, responsibilities, and manners in the children Charles noted how the students were actively engaged in chores and responsibilities, learning essential social skills along the way “When you talk to someone, look them in the eye, be polite, be courteous these are skills that every child should learn,” he emphasizes

The transformative environment at Glenwood resonated deeply with Charles. He recognized that the academy played a crucial role in supporting not only the children but their entire family units as well By providing a safe place for children during the day, Glenwood enabled parents whether they were single, grandparents, or extended family members to work or pursue education without the stress of finding childcare. Charles highlights this as a key aspect that differentiates Glenwood from other schools: “They accounted for the challenges that families face, making it one of the keys that makes Glenwood a truly special place.”

This personal connection drove Charles to dedicate his efforts to Glenwood, leading him to establish the Charles Weinberg Annual Golf Outing, an event that has raised critical funds for the academy over nearly three decades. His commitment serves as a beacon for others to follow; he passionately calls on local businesses and individuals to lend their support to Glenwood Academy “It’s about more than just education It’s about creating opportunities for children to thrive,” he insists.

In a world where support for youth education programs is essential yet often overlooked, Charles Weinberg stands out as a model of philanthropy and community engagement. His story is a testament to how one person’s curiosity can transform into a lifelong commitment to improving the lives of others As Glenwood Academy continues to forge its path, Charles' legacy inspires new donors and volunteers to step forward, ensuring that every child receives the support and opportunities they deserve. Through his efforts, he reminds us all of the profound impact we can have on our communities when we choose to invest in the future of our youth

Thank You to Our Generous Donors!

$500,000 + IrwinFamilyFoundation

StateofIllinoisComptroller

SusanaA Mendoza

$100,000 + DanielandLouise ShipmanTrust

Dr CarlC Greer

FrankJ MorganTrust

MaryHookerDoleTrust

MatthewS Darnall

NealE Kitchell

PamelaJ Lawlor

PatrickandRobynFlinn WesleyFamilyFoundation

$50,000 + BowmanC LingleTrust

CharlesHaydenSmithTrust

EdUihleinFamilyFoundation

HarryHostetlerGlenwood

AcademyEndowmentTrust

StephenB Bowman

Patrick&RobynFlinnFamily Foundation

Wight&Company

WilliamJ WatsonTrust

$25,000 + AbraPrenticeFoundation,Inc

BigShouldersFund

Cole-CroneFamily Foundation,Inc

Dr RonaldM Rogowski

HelenGriffinCharitableTrust

MaryL MedlockTrust MasonicFamilyHealth Foundation,Inc

ArtFogel

BorisElisman

GaryWipfler

ThomasM Prescott

DeboraA Stonich

PwCCharitable Foundation,Inc

RayandJayneMathews FamilyFoundation

TheGiesFoundation

TheJamesFamily CharitableFund

ThomasE WoelfleTrust VoyaFoundation

WeinbergAnnualGolfOuting forGlenwoodAcademy

$15,000 + ACCOBrandsCorporation

AnthonyDiTommaso

GeorgeA HamlinTrust

JamesF Doyle

TheJohnW Anderson Foundation

TheNorthernTrustCompany

TheShebaFoundation

$10,000 + DaubertChemicalCompany,Inc

EntireCarProtection

LynnieBCornwellFund

BruceMerrick

BryanCressey

ChristopherKlein

J BradleySargent

KevinM Cahoon

LenardE Lewis

PasquinelliFamilyFoundation

PetersFoundation

ReyesHoldingsLLC

ThrallEnterprises,Inc

$5,000 + AbbVieInc AcademySecurities,Inc

BoeingCompany

$5,000 + BrianLaBardi

CarbonariFamilyFoundation,Inc

Dr JulieBadel

HuenElectricInc Foundation

ITW

InfraSource

JosephineF ScottTrust

KPMG,LLP

LoopCapitalMarkets

LouiseWhitehouseCharitableTrust

BryanSegal

ChristopherPfaff

GeraldF Fitzgerald,Jr

HassanudinNoorani

JackDominy

JacobElperin

JamesBreen

JamesE Kucinski

JamesHenry

JamesO'Shea

JeffreyLenz

JoeLanning

KurtA Gabouer

LukeLawlor

RichardL Wambold

RichardP Stanis

SalvatoreCala

StevenEllingboe

ThomasFahl

ThomasM Donnelly

WilliamBuhr

MikeS Zafirovski

MarlettaF Darnall

NatalieBrowne

OlinCorporation

SiebertWilliamsShankFoundation

TheHillGroup

TheJacobBestFoundation

VectorServices

WilliamsHaywardProtective Coatings,Inc

WintrustFinancialCorporation

$2,500 + BushSeyferth,PLLC

CharlesN MillsGivingFund

ChrisWilson

CommunityFoundation

SouthwestWashington

Deloitte&Touche

Ernst&YoungLLP

Flintco,LLC

JohnV PainterTrust

Kech22EnterprisesLLC

Landauer,Inc

MSIExpress,Inc

MaryH Hollie

AdamFuelleman

CraigStern

DavidFreed

DavidMackay

DavidVanEekeren

GlennEdison

KevinG McBride

MichaelR Bailey

PaulEhlenbachandSusan

Patterson

PaulStatchuk

ScottDann

StanC Rosendahl

ThomasWeakland

MaryE Harland

RaynelleHeidrick

LindaBuckley

PamelaR Schneider

SouthChicagoWheelmen

SuttonAutoGroupFund

$1,500 +

A RichardandDonnaThiernau

AlliantInsuranceServices

AmcorFlexiblesNorthAmerica

Barnes&ThornburgLLP

BessemerGivingFund

DaveandSusanRiefe

G&APartners

GallagherAsphalt

GibbFamilyTrustFund

Ingredion,Inc

JamesLennaneFund2ofthe

SacramentoRegionCommunity Foundation

LindaandMichaelO'Donnell

MarshallandAmyReavis

CharitableFund

Mi-JackProducts,Inc

MichaelandLauraStephens

AlanStock

ArieStevenCrown

ArthurPero

CharlesE Waterman

CharlesR Weinberg

CraigOmtvedt

DaleMitchell

DavidA Arnold

DavidL Herbaly

DavidL Mistic

DonaldSouhrada

EricGreenberg

EvanSledge

FrankJ Gaudio

FrankMcCannon

GeorgeSchulz

GlennHorton

GrahamCook

GregoryR Underwood

GranvilleW Hill,Jr

JamesC MarkJr

JasonHatcher

JeraldStempel

JohnA Burke,II

JohnC Simmons

JohnM Saphir

JohnWator

KennethA Youga

KevinMasten

MarkGitomer

MichaelD Reilly

MichaelGraziano

MichaelT Lyon

NealV Fenwick

NickNovy

PatrickE Cermak

PeterLantero

PeterS Forker

RobertEdwardsandMs Yolanda Chrusciel

RobertH Topel

RobertJ Schillerstrom

RobertL Lauer

RogerFlorkiewicz

RonMisiunas

SalvatoreA Schirripa

SethDuckworth

ThomasF Moran

ThomasKoltun

ThomasMcGoldrick

ThomasNelson

ThomasS Gozdecki

TimothyT Buikema

TravisWeldon

WaltCatlow

ZackaryD Ford

DavidC Blowers

LouisJ Weber,III

ChristineA Johnson

DanaMcDermott

KatherineE McCrorie

MichelleSargent

AdrianneHenderson

CynthiaHadnott

DeborahO'Connor

JackieHolden

KatherineL Nee

NancyH Pope

PatriciaM Bidwill

StephanieHickman

TerryMedhurst

ValerieA Giardini

Nicolay&DartLLC

PrattIndustries

SRAM,LLC

SeanacheLLC

StructuredDevelopment

TMHFamilyFoundation

TheBlackbaudGivingFund

UBSFinancialServices,Inc

VirginiaLittleTrust

WilliamandDianeCary

$500 +

AmericanOnlineGiving Foundation

CraigandLeslieLowry

CrouchFamilyCharitableFund

DaveandLouiseAllard

DemetraC Lambros

Dr SophiaSarkos

FredandJenniferRice

FreundCharities

GhirardelliChocolateCompany

HolladayProperties

JagannathBobji

JamesRozsypal

JewelexNewYorkLtd

KadieO'Malley

MorganBirge&Associates,Inc

RobertJ Keller

AlanR Luke

AlexSchmitt

AnthonyTalarico

AvaristtoJ Lopez

BlaineGorman

BrianSixsmith

BryanLacy

CameronFehland

CharlesWoods

DanielW Ryan

DavidDaugherty

DavidHowell

DavidLubin

EricE Siebert

EricKitchell

FritzFischer

IrwinJ Steinberg

IzaacEbeywa

JamesDudek

JamesE Sheahan

JamesRichardson

JamesToohey

JamesWrenn

JeremyFoy

JeromeL Dreyfuss

JohnBrands

JohnE Kirkpatrick

JohnF Moynihan

JohnFerguson

JosephD Marshall

LarryDavid

LeonardSiegal

MichaelJ Hutchison

MichaelKier

MichaelYetnikoff

MitchellR Gaffigan

PaulStorc

RandleCarter

RichardCaldarazzo

RobertM Buchta

RonGenty

ScottBroman

ThomasW Tedford

MarkRolih

AndreaPucel

BlancheE Hill

CarolynVicini

DianaL Loots-Gams

EmilyQuirke

JaniceMazza

JoannE Lindholm

NancyHanson

AlexisJung

AmyMyers

ArleneManelli

BrendaBetts

CatherineKatilius

CharleneM Boyles

DonnaRuokonen

DorothyO'Reilly

KristineObrecht

PamelaJ Schmidt

PatriciaMcRoberts

PaulaRiggins

SharonWidauf

NationalCouncilofJewish Women-SouthCookSection

NexusEmploymentSolutions Plus,Inc

PaulandLynnLang

Power&CroninLTD

Stricklin&Associates

TheHonorableS LouisRathje

TheOzingaBros

VillageofGlenwood

$250 +

AnneandRobertBudicin

CollierCommunityFoundation

CoraDavisMagieFund FabscoCorporation

GauriKhatkhate

GoodspeedCycles

ImperialDeltah

KennethandMarciaDiubek

MicahBosley

AlanD Duff

AlanShontz

AnthonyMcCain

BenjaminD WaldieJr

BillWalsh

BrianBurkle

BrianKane

BruceCox

CollinGraves

ConnorGaffigan

CraigS Morgan

DanAltman

DanBooth

DanE Easto

DanMcLaughlin

DanielCarter

DaveMahern

DavidHehemann

DavidWalker

DennisJ Keller

DonaldJ Forlani

EdwardKurcz

EugeneDumas

GeneTalarico

GregSchildmeyer

HerbertA ListJr

J JeffreyThrall

JamesD FosterJr

JamesLitke

JeffJ Schaffrath

JeffreyB Clark

JensEmerson

JohnD Purdy,Jr

JohnDanker

JohnHickey

JohnSalvino

JohnSassaris

LawrenceC Flinn,III

LukeCarr

MarkDinwiddie

MarkNavin

MartyKaplan

MatthewScotty

MichaelD Estes

MiguelSanchez

NicholasJoslyn

NickHaratsaris

PerryMetz

RajatTrehan

RayK Asplund

RobertHindsley

RobertL McDowell

RobertL VanIten

SantoshMurthy

StephenKiraly

TheodoreCornell

ThomasStaab

TimothyBarlow

VictorL Corder

VincentJ Dina

WillamVoss

WilliamR Kopp

KennethP Fischl

MichaelA Gonzalez

AbigailL Cano

JessicaCane

JoeyBuck

JulieSpyrison

MarieGreci

MaryB Jung

NancyIbrahim

RonikaBriesch

ColleenRanieri

EmilyE Howe

HelenA Ward

JanNg

JenniferEdenburn

KenyaJ Perkins

MarcelineCorbin

PatriciaA Worth

SheenaMoore

VirginiaBurnstine

PepsicoFoundation

RobinStephenson

RyanWalker

T&WAlarms

$249 & Under

BohdanIwanetz

BonnieandGeorgeRibet

CalumetCityPlumbingCo,Inc

ChrisMichalik

Col AlA Bernotas

DanielandMaryLouSegebarth

Dr KathieL Krumm

Dr LindaF Uzureau

ErinKuras

Gornick&Gornick,Inc

JackieDupon

JimandCynthiaVanDeVeire

JohnandHelenEngemann

WilliamH Goetz

AdamKarau

AdamWelzien

AndrewHoltz

AndrewLimoges

AndrewScelsiJr

BrianMalone

BrianMisiunas

BurtonAmos

CecilPhillips

CharlesBlaszczy

ChrisGeorgeThomas

ClarenceRobinson

ClydeH Blanke

ClydeMcAllum

CraigKummerow

DanGlowinski

DanielJ Carey

DonaldE Froelich

DonaldJ Doubek

DonaldW Page

EricA Yarbrough

FeltenR Marshall

GeorgeGray

GeraldL Wien

GlennKnox

GreggD Lemein

HowardB Severson,Jr

JackStibich

JamesT Lungaro,Jr

JayAbrams

JeffreyLeets

JeremyBlazek

JerryMullen

JimCebry

JimZidek

JohnHazel

JohnJusick

JohnM Klingelschmitt

JonathanLore

JosephBatisJr

JosephS Sanfilippo

KennethLake

KennethR Pape

KentH Westley

KeshavaMurthy

KevinC Palmer

KevinS Riley

KurtMcLaughlin

LawrenceD Eagan

LeonH Fields

LeonMcKenzie

LukeHasbargen

MarkMcPeak

MichaelIannelli

NicholasHeiby

PatrickJ Chin

PaulL Berkebile

PaulR Fellhauer

RalphHaas

RichardC Godfrey,PC

RichardL Carlson

RichardM Gunst

RichardM King

RichardP Nevins

RobertA Gavenda

RobertA Jones,Jr

RobertB Poppo

RobertBarkley

RobertL MullinsJr

RonaldBarber

RonaldBernard

RoyG Kempa

RoyalF Berg

RyanBarton

SamuelB Moore

ScottSteinwart

ScottW Anderson

ShiegfredRomero

StephenA Hearty

StephenHennenfent

StephenLevine

SteveKalmar

TerenceA Moeller

TerryFox

TheodoreSangalis

ThomasC Umstead

ThomasCollins

ThomasE Brennan

ThomasM Shapland

VincentJ Saverino

VincentSmith

WesleyR Didriksen

WilliamHicks

WilliamJ Martin

WillieB Whitehead

CarlHowe

DanielL Shamblin

GlenwoodM Todd,Jr

JohnM Hausmann

PhillipD Kronenfeld

RichardL Marzullo

RichardLaverty

RobertandVivianParrish

ThomasA Tozer

AudreyWeidman

CamiellP Thompson-Burse

CandaceOtt

CassandraMoore

CelesteA Maxon

ColleenP Letke

DebraBorodkin

ElizabethK Bush

ElizabethT Robertson

JeannetteF Peters

JoAnneE Jagusch

JudithD Marwick

KarenM Smith

KimLuckey

LynnLarsen

MaryW White

PaulaM Stendel

ToledaHart

TonishaAllison

WillaR Lee

AlbertinaWright

AlbertineConell

AlyssaM Evans

AnnaMarieLowrey

AnneM Eckert

AnneN Nicholls

AnnieGoodwin

BarbaraS Shepard

BelendaHayes

BernestineRabb-Hollis

BerthaP Bardales

CarliImmordino

CharlotteL Knight

ChristineJ Good

ColleenIsraelson

ConstanceM Gerrard

CynthiaHills

DeborahHavighorst

DianeIvancic

DoloresMauloff

DonaM Hessler

DonnaJones

DorothyStigall

DottieA Hagestad

ElizabethVoss

GailLullo

GeraldineBowie

GloriaL Lippert

HannahFoth

HelenR Cooper

IreneDeMaria

JaneM Cory

JanetJ Krings

JenniferF Whitten

JenniferGoswitz

JenniferMorales

JoLindamood

JoAnneAllenIbarra

JudithLouthan

KimCrotty

LaurenBauman

LisaDeCristofaro

MargueriteM Sotola

MarieVoltattorni

MaryG Harrison

MaryNovak

MaureenMcCoy

MicheleMedhurst

NicoleE Darnall

NoraSheahan

PamelaMacDonald

PattyONeill

RosalynCarlson

RosieHall

RubyL Barnes

RuthHarvey

SarahWalavich

ShirleyDouglas

TammyNegrillo

ThomasinaTatum

ToniaBerndt

NickStachowiak

NickVerges

Rev MargaretL Schultz

SaukTrailChapterNSDAR

Mary Hollie

President and Chief Executive Officer

Anne Budicin

Vice President of Academic Affairs and Admissions

Pamela D. Lawlor

Executive Staff

Chuck Kudia Chief Financial Officer

Tony Talarico Vice President of Facilities

Chairwoman of the Student & Staff Services Committee Community Representative

Colleen Carter

Secretary Chief Operations Officer Glenwood Academy

Boris Elisman

Vice Chairman of Finance & Audit Committee

President & CEO ACCO Brands

Mark T. Wight*

Chairman & CEO Wight & Company

Members

Julie Badel Retired Epstein, Becker & Green, PC

Kevin Cahoon Vintage Wine, LLC

Anthony DiTommaso Managing Partner Ecvall, LLC

Alan D. Duff

Glenwood Alumnus

Arthur J. Fogel

Executive Vice President Northern Trust

Stephanie J. Hickman

President Trice Construction Company

Colleen Conlan-Carter, Ed.D. Chief Operations Officer

Candace Ott Vice President of Administrative Affairs

Board of Trustees Officers

S. Biff Bowman*

Chairman of the Nominating and Governance Committee

Retired Executive Vice President & CFO Northern Trust Corporation

Kurt A. Gabouer

Treasurer, Chairman of the Audit & Finance Committees Partner

KPMG, LLP

Patrick Flinn

Chairman of the Development & Public Affairs Committee

Retired President Flinn Scientific

Harry Hostetler Chairman of the Building & Ground Committee Retired CEO Whiteley Bearing

Neal E. Kitchell

Retired Senior Vice President

Morgan Stanley Wealth Management

Michael T. Lyon* President Cirrus Advisors, Inc

Jan Mazza

Property Manager

Thrall Enterprises

Louis J. Weber III

Capital Partner Winston & Strawn, LLP

Nora Sheahan Chief Development Officer

Brian Harvey Vice President of Residential Services

Mary Hollie

President

President & CEO Glenwood Academy

Matthew S. Darnall* Chairman of the Investment Committee

Managing Director Goldman, Sachs & Co

Norman H. Wesley* Retired Chairman & CEO

Fortune Brands

Michelle M. Sargent Marketing Director

The Sargent Consulting Group, LLC

Arthur Pero Owner Pero Hess LLC

Honorary Life Trustees:

Robert J. Darnall*

James F. Doyle*

Timothy J. Gardner

Blanche Hill

John E. Jones

Joe A. Masterson*

Helmet Mlaker

*Past Chairman

Frank J. Morgan

Perry R. Pero

Donna Van Eekeren

David J. Vitale*

Craig Stern*

Charles S. Walls

Charles E. Waterman

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Annual Report FY2024 [FINAL] by glenwoodacademy - Issuu