flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Frank Lloyd Wright School of Architecture closer to independent incorporation

Architects

Frank Lloyd Wright School of Architecture closer to independent incorporation

The school is halfway to its first fundraising milestone, but is facing a major deadline at end of this month.


By Frank Lloyd Wright School of Architecture | August 4, 2015
Frank Lloyd Wright School of Architecture seeks independent incorporation

Taliesin West, Scottsdale, Ariz. Photo: I, Gobeirne/Creative Commons

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.

Tags

Related Stories

| Apr 23, 2012

Vegas’ CityCenter called financial ‘black hole’

Two and a half years ago, stockholders filed six lawsuits after the stock price fell from $99.75 on Oct. 9, 2007, to $1.89 on March 5, 2009. Bondholders sued over similar steep losses.

| Apr 23, 2012

Innovative engineering behind BIG’s Vancouver Tower

Buro Happold’s structural design supports the top-heavy, complex building in a high seismic zone; engineers are using BIM technology to design a concrete structure with post-tensioned walls.

| Apr 23, 2012

AAMA releases updated specification for anodized aluminum

AAMA 611-12 describes test procedures and requirements for high performance (Class I) and commercial (Class II) architectural quality aluminum oxide coatings applied to aluminum extrusions and panels for architectural products.

| Apr 23, 2012

Thornton Tomasetti project wins AISC Merit Award

Thornton Tomasetti provided structural design services through construction administration to architect HOK for the 1.6-million-sf tower and tiara structure, which comprises 15 steel tube arches spanning approximately 158 feet horizontally and 130 feet vertically from the top of the main building roof.

| Apr 23, 2012

Construction underway on City Winery Chicago

The Building Team is maintaining the old brick and timber construction, while adding 5,000-sf of new construction in the form of a two-story addition within the site’s existing courtyard.

| Apr 20, 2012

McCarthy completes Santa Barbara Cottage Hospital Replacement Facility

The new hospital’s architectural design combines traditional Santa Barbara Spanish colonial architecture with 21st century medical conveniences highlighted by a therapeutic and sustainable atmosphere.

| Apr 20, 2012

Century-old courthouse renovated for Delaware law firm offices

To account for future expansion, Francis Cauffman developed a plan to accommodate the addition of an 8-story tower to the building.

| Apr 20, 2012

RCMA and Oak Ridge National Laboratory to host International Roof Coatings Conference

The International Roof Coatings Conference will feature keynote speakers Marc LaFrance of the U.S. Department of Energy, and Art Rosenfeld of the Lawrence Berkeley National Laboratory.

| Apr 20, 2012

Shawmut completes Yard House Restaurant in Boston

12,000-sf restaurant marks new addition to Boston’s Fenway neighborhood.

| Apr 20, 2012

Registration open for Solar Power International 2012 in Orlando

President Bill Clinton to deliver keynote address at ?largest solar energy event in the Americas.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021