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
| Dec 10, 2014
Must see: Babina's latest illustrations cast famous architecture quotes as colorful road signs
Babina has adapted quotes from famous names such as Frank Lloyd Wright, Alvar Aalto, and Mies Van Der Rohe.
| Dec 9, 2014
Steven Holl wins Mumbai City Museum competition with 'solar water' scheme
Steven Holl's design for the new wing features a reflective pool that will generate energy.
| Dec 9, 2014
ABC economist predicts continued construction industry growth in 2015
In his latest report, ABC's Chief Economist Anirban Basu forecasts nonresidential construction spending to expand by roughly 7.5% next year, led by the power, lodging, office, and manufacturing sectors.
| Dec 8, 2014
How brick and mortar enables online retail
According to a shopping preferences study conducted by A.T. Kearney, as many as two-thirds of shoppers go to a physical store before or after making an online purchase, writes Gensler's Jill Nickels.
| Dec 8, 2014
The year’s boldest BIM/VDC themes
High-speed rendering software, custom APIs, virtual reality tools, and BIM workflow tips were among the hottest BIM/VDC topics in 2014.
| Dec 8, 2014
AEC firms upbeat about financial results, 2015 looking rosier [exclusive BD+C survey]
The market outlook is brighter for U.S. architecture, engineering, and construction companies, with a majority of AEC firms reporting higher revenues, strong forecasts, and sound financial health, according to BD+C's annual Market Forecast Survey.
| Dec 8, 2014
The global sanitation crisis leads to 2.5 million deaths every year
When we see the incredible technology being produced by global plumbing manufacturers, it’s hard to conceive why no viable technical solution to the global sanitation issue has come forth, writes BD+C's Robert Cassidy.
| Dec 8, 2014
Moshe Safdie wants to reinvent airports with Jewel Changi Airport addition
A new addition to Singapore's Changi Airport, designed by Moshe Safdie, will feature a waterfall and extensive indoor gardens.
| Dec 6, 2014
Future workplace designs shouldn’t need to favor one generation over another, says CBRE report
A new CBRE survey finds that what Millennials expect and need from offices doesn’t vary drastically from tenured employees.
