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DAEDALIAN FOUNDATION

DAEDALIAN FOUNDATION. ANNUAL MEETING CHAIRMAN MAJOR GENERAL D. BRUCE SMITH. MISSION.

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DAEDALIAN FOUNDATION

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  1. DAEDALIAN FOUNDATION ANNUAL MEETING CHAIRMAN MAJOR GENERAL D. BRUCE SMITH

  2. MISSION This Foundation, affiliated with and sponsored by the Order of Daedalians, Inc., promotes citizenship, education, and charity. The Foundation has been organized and incorporated for the promotion and encouragement of safety in flight through charitable and educational means. The Foundation’s goal is to perpetuate the spirit of patriotism, the love of country, and the high ideals of the self-sacrifice exemplified by the American pilots of World War I in whose honor the Order of Daedalians was founded. The Foundation shall be operated exclusively for said purpose and not for profit. No part of the capital or earnings of the Daedalian Foundation shall inure to the benefit of any member of the Order of Daedalians or any other individual except as may be necessary in carrying out the objectives and purposes of the Foundation as stated in its charter. No part of its activities shall be employed to carry on propaganda or otherwise attempt to influence legislation or to intervene in any political campaign.

  3. WHAT WE DO! Scholarship Programs Cadet Flight Indoctrination Programs Award Programs JROTC

  4. DAEDALIAN FOUNDATIONSCHOLARSHIPS – CY 2012 AWARDS # BUDGET FUNDED % Egan Mentoring 5 $27,000 $27,000 100 CAP Grants 5 8,000 4,200 100* Matching 65 67,871 64,334 95 Jr. ROTC Medals - 7,700 7,073 92 ROTC/Getchell 13 38,000 26,000 68 Descendants 5 6,000 10,000 167 Spencer 9 - 6,750 - Symposium - 0 5,411 - CFIP-Hill/Leavoy 15 19,000 16,960 89 Other - 6,000 - Totals 117 $179,571 $162,317 90 Compare: CY11110 $167,650 $153,223 91

  5. DAEDALIAN FOUNDATIONFlight Matching Scholarships • Foundation matches up to $2,000/Flt./CY. • Recipient must have desire and potential to become a military pilot. • Recipient may be either a college student or HS senior, accepted by a university.

  6. CADET FLIGHT INDOCTRINATION PROGRAM • Four way partnership of Daedalian Foundation, Daedalian flight, selected candidates and an FAA-certified flight training facility to provide motivational flight training up to solo phase • Five Phases • Preparation • Cadet selection • Ground school • Flight camp • Wrap up Eagle Wing donations support CFIP too! Les Leavoy CFIP $ 6,500 Tex Hill CFIP $15,000

  7. PARTICIPATING FLIGHTS 2000-2012 • Flt 1 Founders • Flt 2 Stinsons • Flt 8 Kitty Hawk • Flt 9 Frank P. Lahm • Flt 13 San Diego • Flt 16 LeMay Flt 23 DFW Flt 30 Arnold Flt 38 Longhorn Flt 53 Granite State Flt 61 Seagull Flt 103 Ft Hood

  8. PARTICIPATING FLIGHTS 2013 • Flt 1 Founders • Flt 2 Stinsons • Flt 8 Kitty Hawk • Flt 13 San Diego • Flt 16 LeMay Flt 23 DFW Flt 30 Hap Arnold Flt 38 Longhorn Flt 61 Bud Day Flt 103 Ft Hood

  9. TRAINING COSTS PER CADET 2007 2008 2009 2010 2011 2012 2013 • - $1736 • - $2250 • - $2235 • - $2159 • - $1713 • - $2244 • - $2300 (Estimate)

  10. 166 SOLOED CADETS 2007 2008 2009 2010 2011 2012 2013 - 19 - 23 - 21 - 17 - 17 - 15 23 In Training 2001 2002 2003 2004 2005 2006 - 5 - 5 - 7 - 7 - 14 - 16

  11. JROTC AWARDS FOR 2012 • $7500 spent on this program • 72 Daedalian flights participated • 1173 medals sent to participating flights for their local high schools • Includes 15 DoD overseas high schools

  12. EDUCATIONAL AWARDS LIEUTENANT GENERALS MILLARD F. & HUBERT R. HARMON: Presented annually to the USAF Academy Outstanding Cadet GENERAL MUIR S. FAIRCHILD EDUCATIONAL ACHIEVEMENT: Selected annually by the Air University Commander for the most significant contribution ORVILLE WRIGHT ACHIEVEMENT: Presented to the outstanding pilot graduates of the pilot training schools of the USAF, USN and USA. DAEDALIAN JROTC ACHIEVEMENT: Presented annually to outstanding high school cadets at participating schools.

  13. EAGLE WING DONATION CHANGES A four (4) member committee was tasked to recommend ways that Eagle Wing donations could be enhanced to encourage more and possibly higher donation levels. • Purpose being to counter the rising cost of college tuitions and CFIP • Foundation passed and Order concurred with revisions at July meeting • The new Eagle Wing donation Titles and Donation levels are below • The only change made was to raise “Wing CO Exemplar” level to $2000 • Those now at that level are “Grandfathered” (~ 90) • At the “Pilot” level the Eagle Wing Lapel Pin is awarded • Requires one time entry donation of $100+ • Once at the Pilot level any amount of donation will count toward the next higher level.

  14. ADDED EAGLE WING DONATION LEVELSEAGLE WING "ACES" • The dollar donation levels for the new “ACE” levels are as shown. • At the first Aces level, the Eagle Wing lapel Aces pin will be awarded. • It will be small set of wings (1¼”) as shown here. • All Eagle Wing levels will be based on historical donation data once past the initial $100 Pilot Level. • Any donor who reaches or exceeds the $10,000 • level will receive a trophy • This trophy is of a Soaring Eagle as • shown at the right

  15. “EAGLE WING ACES” COL ROBERT H CAMPBELL, USAF (RET) BRIG GEN KENNETH F KELLER, USAF (RET) COL JAMES W. KELLOGG, USAF (RET) COL ANTHONY G "Bud" KENDRICK, USAF (RET) COL CLAIR W POTTER, USAF (RET) LT GEN RAY B SITTON, USAF (RET) COL DONALD W SPEAREL, USAF (RET)

  16. DONATIONS 2009 2010 2011 2012 2013* $126,693 $149,097 $168,037 $126,987 $24,939 * 2013* - ARE FUNDS COLLECTED PRIOR TO THE ANNUAL DONATION CAMPAIGN

  17. TREASURER REPORT 2012 • Net Assets Foundation$ 1,714,556 Egan Scholarship $ 1,642,529 Tex Hill Scholarship $ 115,500 Leavoy $ 57,677 Spencer $ 28,404 Nissen$ 58,151 $ 3,616,817 • Income Donations $ 210,085 Investments $ 123,236 Order-Services Rnd$ 42,542 $ 375,863 • Expenses Flyer $ 58,965 Scholarships $ 162,317 Operating Expenses $ 68,568 $ 289,850

  18. FINANCIAL COMPARISON 2009 2010 2011 2012 Net Assets $ 3,135,241 $ 3,370,381 $ 3,401,824 $ 3,616,817 Income $ 414,828 $ 523,102* $ 327,730 $ 375,863 Expenses $ 289,064 $ 317,694 $ 288,086 $ 289,850 * Denotes that the Order made a donation to the Foundation for the National Flight Academy

  19. 2012 AUDIT An independent audit was completed 29 March 2013 using the General Accounting Principals giving an Unqualified Opinion. An Auditor gives a Clean Opinion or Unqualified Opinion when he or she does not have any significant reservation in respect of matters contained in the Financial Statements.

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