The Augustus Juilliard SocietyNewsletter

Winter 2015–16Volume 18, Number 1

Contents

1 Profiles inPhilanthropy

2 Event Spotlight

4 Charitable GiftAnnuities

5 The AugustusJuilliard SocietyMembers

6 The ScholarshipFund for JuilliardBack cover

Augustus Juilliard Society members have manydifferent ties to the School, and each of their

Juilliard stories is unique. For member IreneSchultz, her connection to the School began manyyears ago, thanks to her friendship with a musicalfamily with a long Juilliard history.

A native New Yorker, Irene Schultz was raised in Queens and spent her career at Mutual of New York, a financial services company. While ayoung professional, she decided to study cello andbegan private lessons with Phyllis Kraeuter, one of three siblings who graduated from and taught at Juilliard. A close friendship developed betweenIrene and the entire Kraeuter family, including

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PROFILES IN PHILANTHROPY

A Generous Gift Inspired by a Musical Family:Irene Schultz and the Kraeuter Scholarships

Photo top: Augustus Juilliard Society member Irene Schultz,with the 2015-2016 recipient of the Phyllis M. KraueterScholarship in Cello, Seth Biagini.Photo above: Phyllis Kraeuter (far left) and Karl Kraeuter (far right) discuss Aaron Copland’s “Vitebsk“ Trio with the composer (second from right) and pianist GrantJohannesen, before a Town Hall performance.

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Augustus Juilliard Society members were invited to Juilliard’s annual Scholarship Donor’s Luncheon on May20, 2015. The event, which is part of Juilliard’s commencement week activities, included performances

by students in the music, dance and drama divisions.”

How to Make a Gift to Juilliard in Your WillSample bequest language to make an unrestricted gift:“I give and bequeath, absolutely and forever, the sum of $ (or % of the rest, residue andremainder of my estate) unto The Juilliard School, New York, New York, for the general support of the School.”

Sample bequest language to make a scholarship gift:“I give and bequeath, absolutely and forever, the sum of $ (or % of my residual estate) unto TheJuilliard School, New York, New York. I direct that this gift shall establish the ScholarshipFund. In awarding this scholarship, I request that first preference be given to deserving young people who arestudying . I further request that, should this fund meet the financial requirement, theSchool permanently endow this scholarship.”

[Name]

[restriction, if any]

Event SpotlightScholarship Donor’s Luncheon

Want to learn more? Visit us on the web at www.juilliard.edu/giving/planning.

Have you already included Juilliard in your plans? We hope you will let us know!

Photos top: Dancer KaraChan (left), sopranoOnadek Winan (right) andpianist Joseph Yungen(right) perform before the2015 Scholarship Donor’sLuncheon.

Photos bottom: (Left)Joseph Polisi welcomesguests to the 2015Scholarship Donor’sLuncheon; (right) DancerKelsey Connolly speaksabout what scholarshipsupport has meant to her.

Phyllis Kraeuter’s brother, Karl, a noted violinist, andsister Leonore, a gifted pianist. Tragically, Phyllis andKarl Kraeuter were involved in a car accident in 1964which took Phyllis’s life and seriously injured Karl.Irene remained close to Karl and Leonore for the restof their lives. At Karl Kraeuter’s passing in 1986, he lefta generous gift in his will to The Juilliard School toendow a violin scholarship. Since then, his legacy gifthas helped many young artists to receive a Juilliardeducation, and will continue to do so for generationsto come.

Inspired by what Karl Kraeuter did for Juilliard in hisestate, Irene Schultz decided to create a secondKraeuter scholarship at Juilliard, this one in honor ofher teacher. In 2014 she endowed the Phyllis M.Kraeuter Scholarship in Cello, which was awardedthis year to Seth Biagini, a first-year master’s degreestudent from Los Angeles. Irene plans to continueproviding financial support during her lifetime and inher estate for the violin scholarship Karl established,as well as for the cello scholarship she created tohonor Phyllis. In addition, she plans to extend hergenerosity to begin a third Kraeuter scholarship, thisone in piano, in memory of Leonore Kraeuter.

The Kraeuters at JuilliardAll three Kraeuter siblings came to New York to studyat the Institute of Musical Art (Juilliard’s precursor).Karl Kraeuter began in 1913 at age 15, studying violinwith Hans Letz, chamber music with Franz Kneisel,and composition with Percy Goetschius. He receivedundergraduate and graduate diplomas in violin, one inmusic education, as well as a certificate incomposition. He was a member of the Juilliard facultyfrom 1926 to 1941, and was president of the AlumniAssociation in the late 1940’s and early 1950’s. Karlhad a long and noteworthy career, focused primarilyon the performance of chamber music.

Phyllis Kraeuter entered Juilliard in 1918 at age 12. Shestudied cello with Willem Willeke, and chamber musicwith Franz Kneisel, attaining two diplomas in cello andone in music education. In 1926, at age 20, shereceived the Walter M. Naumburg Music FoundationPrize, the first cellist to win this prestigious award. Forthirty years she taught cello and chamber music inJuilliard’s Preparatory Division (now Pre-CollegeDivision). Phyllis had a distinguished career as a soloistand a chamber music performer. With the creation ofthe Kraeuter Duo, Kraeuter Trio and Kraeuter Quartetwith her brother Karl, ensemble playing became theprimary focus of both their careers.

Leonore Kraeuter entered Juilliard in 1918 at age 17and received diplomas in piano and music education.She was a student of Gaston Dethier and James

Friskin, and also taught in Juilliard’s PreparatoryDivision. She eventually left her Juilliard teaching postand established a private studio, while continuing toperform with her siblings in concerts with theKraeuter Trio and Quartet.

While no longer playing the cello herself, Irene Schultzsatisfies her passion for classical music by attending asmany concerts as she can fit into her schedule, with aspecial commitment to anything performed at Juilliard,including individual student recitals. As a non-professional singer, she performed under choral directorHarold Rosenbaum (a former Juilliard faculty member)on many of his summer choral tours to Europe andCanada. For 14 years she served on the board of hischoral organization, Canticorum Virtuosi, Inc. A pastmember of the Westchester Oratorio Society, Irene stillsings in the Inspirational Choir of Riverside Church. Sheis a talented visual artist and a solo exhibition of hersilverpoint drawings is currently on view at the SouthernVermont Arts Center in Manchester, VT.

"With so many of my activities focused on the arts,"Irene says, "I felt the need to strengthen myphilanthropic efforts in support of the arts. Originally, Iplanned to establish the Phyllis M. Kraeuter Scholarshipin Cello as part of my estate, but decided to start itwhile still alive. I recently had a delightful visit with thefirst recipient, Seth Biagini, at a Juilliard event. I plan tofollow his career and also look forward to meetingfuture recipients and following their progress."

The Juilliard School is deeply grateful to Irene Schultzfor her generosity and foresight in carrying on theKraeuter legacy, and is honored that students will studyhere with scholarship assistance in the names of theseimportant musicians from the School’s history.

The AugustusJuilliard SocietyNewsletteris published by the Office of Public Affairs,The Juilliard School, 60 Lincoln Center Plaza,New York, NY 10023.

Telephone: (212) 799-5000, ext. 278

Joseph W. PolisiPresident

Elizabeth HurleyVice President forDevelopment and Public Affairs

Lori PaduaDirector of Planned Givingext. 7152lpadua@juilliard.edu

Victoria Murray BrandAssociate Director,Scholarship Developmentext. 692vbrand@juilliard.edu

Katie MurthaDirector of Major Giftsext. 7878kmurtha@juilliard.edu

Rebecca VaccarelliAssociate Director of Development forAlumni Relationsext. 7150rvaccarelli@juilliard.edu

Mary YeattsAssociate Director of Major Giftsext. 7598myeatts@juilliard.edu

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A Generous Gift Inspired by a Musical Family: Irene Schultz and the Kraeuter Scholarships (Continued from Page 1)

Photo: (Left to right) Leonore Kraeuter, Phyllis Kraeuterand Karl Kraeuter.

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Through a simple contract you agree to make adonation of cash or securities to The Juilliard School.In return, you receive fixed payments for the rest ofyour life. The amount of your payments isdetermined by your age at the time you establishthe annuity. You also receive these benefits:

• Your initial gift is partially tax-deductible.

• Your charitable gift annuity payments arepartially tax-free throughout your estimatedlife expectancy.

• Your payments are not affected by the upsand downs in the economy.

• The gift annuity can be for one or two people,so your spouse or another loved one canreceive payments for life.

• If you use appreciated stock to make a gift,you can usually eliminate capital gains tax ona portion of the gift and spread the gain overyour life expectancy.

ExampleBarbara, age 82, established a $50,000 charitablegift annuity. Based on her age, she was able toreceive an annuity rate of 7.2 percent. This meansthat Juilliard will pay her $3,600 each year for theremainder of her life, of which $2,883.60 is tax-free to her throughout her life expectancy. She'llalso receive a charitable deduction of $25,809 ifshe itemizes on her income taxes (this assumesquarterly payments and a 2.0 percent IRS discountrate). After her lifetime, the remaining amount willbe used to help Juilliard provide the highest caliberof artistic education for gifted musicians, dancers,and actors from around the world.

Sample Charitable Gift Annuity Rates

Charitable Gift Annuities: A Gift That Provides for You Now and Juilliard Later

Age75808590+

Rate5.8%6.8%7.8%9.0%

One Life Two LivesAges70/7575/8080/8585/90

Rate4.8%5.3%6.1%7.3%

Rates are recommended by the American Council onGift Annuities and are adjusted periodically.

Learn More

To receive informationabout charitable giftannuities, or to learn more about including The Juilliard School in your estate plans, please contact:

Lori Padua(212) 799-5000 ext. 7152plannedgiving@juilliard.edu

Charitable gift annuities are a popular way for individuals to make a substantialcontribution for Juilliard while also receiving income. If you would like to support

the future of the performing arts at The Juilliard School and receive steady paymentsduring your retirement, a charitable gift annuity may be right for you.

How It Works

Top photo: Todd Rosenberg

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Donald J. AibelVeronica Maria AlcareseDouglas S. AndersonJoan AndersonMitchell AndrewsDee AshingtonJack BakalHenrie Jo BarthRichard BealesYvette and Maurice BendahanDonald A. BenedettiHelen BenhamElizabeth Weil BergmannBenton and Fredda Ecker BernsteinLeslie Goldman BerroSusan Ollila BoydMrs. George E. BoyerPeter A. BoysenNina R. BrilliJoseph P. Brinton IIISteven and Colleen BrooksCarol Diane Brown and

Daniel J. RuffoBeryl E. BrownmanLorraine BuchEliane BukantzFelix N. CalabreseAlan† and Mary CarmelMr. and Mrs. N. CelentanoWendy Fang ChenJulie A. Choi and Claudio CornaliHarvey M. CohenMr.† and Mrs. David ColvinCharlotte Zimmerman CrystalRosemarie CufaloChristopher Czaja SagerHarrison R.T. DavisStephen and Connie DelehantyRonald J. Dovel and Thomas F. LahrJohn C. Drake-Jennings,

Duke of QuincyRyan and Leila EdwardsFredell Lack EichhornLou EllenportLloyd B. EriksonEric EwazenHolly L. FalikStuart M. FischmanDr.† and Mrs. Richard B. FiskLorraine FoxDr. Mio FredlandChaim FreibergNaomi FreistadtMichael Stephen GalloAnita L. GattiThelma and Seymour Geller,

on behalf of Jane Geller

Rabbi Mordecai Genn, Ph.D.Mark V. GetleinPia GilbertJohn R. GillespieProfessor Robert Jay GlickmanDr. Ruth J.E. Glickman Sheryl GoldTerrine GomezErich L. GrafThe Venerable John A. GrecoDrs. Norman and Gilda GreenbergArlene† and Edmund GrossmanEmma GruberRosalind GuaraldoRuth HaaseMr. and Mrs. Robert S. Haggart, Jr.Louise Tesson HallRalph HamakerMeleen O’Brien HarbenRev. Tozan Thomas HardisonLillian and Gordon† A. HardyRalph† and Doris HarrelJudith Harris and Tony WoolfsonRobert G. HartmannS. Jay Hazan, MDBetty Barsha HedenbergGordon D. HendersonMayme Wilkins HoltGerri HoulihanKatherine L. HufnagelJoseph N. and Susan IsolanoMarjorie JacksonPaul Johnston and Umberto FermaJanice Wheeler Jubin and

Herbert JubinPeter H. JuddMichael KahnMr.† and Mrs. Martin Kaltman George and Julia KatzSheila KeatsRobert KingJ. D. KotzenbergBruce KovnerEdith KraftMr. and Mrs. Paul A. KrellFrancine LandesSung Sook LeePaul Richards Lemma and

Wilhelmina Marchese Lemma†Loretta Varon Lewis† and

Norman J. LewisNing LiangJoseph M. LieblingKristin M. LindleyJerry K. LoebRichard LopintoFrancis Madeira

Chuck MantonCyril† and Cecelia MarcusSerena B. MarloweDolores Grau MarsdenSondra MateskyStephanie and Carter McClelland

and The Stephanie and CarterMcClelland Foundation

Joseph P. McGintyDr. and Mrs. N. Scott McNuttAnabel C. MeisterPauline and Donald B.† MeyerStephen A. Meyers and Marsha

Hymowitz-MeyersPaula P. MichtomLeo† and Anne Perillo MichudaWarren R. MikulkaStephen MittmanRobert A. MorganValerie Wilson MorrisDiane MorrisonL. Michael and Dorothy MoskovisMyron Howard NadelSteven W. Naifeh and Gregory

White Smith†Anthony J. NewmanOscar and Gertrude Nimetz FundStephen NovickRussell K. OberlinMargaret PardeeMr.† and Mrs. Donald PartonCelia Paul and Stephen RosenJeanne M. and

Raymond Gerard† PellerinB. Blaine PenningtonJane V. Perr, M.D.Jean PierkowskiElissa V. Plotnoff PinsonFred PlotkinGeraldine PollackSidney J.† and Barbara S. PollackJohn G. PoppThomas and Charlene PreiselArthur PressBernice PriceGena F. RapsNancy L. ReimSusan M. ReimSusan D. ReinhartMichael RiggDouglas RivaLloyd† and Laura RobbDaniel P. RobinsonYvonne RobinsonCarlos Romero and

Joanne Gober RomeroLinda N. Rose

Susan W. RoseDinah F. RosoffRoxanne RosomanSam and Deborah RotmanMr.† and Mrs. Irving RuckensMrs. Ernest N. RutherfordLynne RutkinEdith A. SagulJoan St. JamesRiccardo SalmonaHarvey SalzmanMichael and Diane SandersNancy SchlossCasiana R. SchmidtShelby Evans Schrader† and

John Paul Schrader Irene SchultzWilliam C. SchwartzDavid ShapiroDr. Robert B. SharonEdmund Shay and Raymond Harris Dr. Edward ShipwrightRobert D. SholitonArthur T. ShorinMel SilvermanSteven P. Singer, M.D., and

Alan Salzman, M.D.Barbara Thompson SlaterBruce B. SolnickCarl Solomon, Sr.Barbara H. StarkSally T. StevensJames StreemCheryl V. TalibPhyllis K. TeichMarie Catherine TorrisiDr. Marta VagoWalter and Elsa VerdehrPaul WagenhoferDietrich and Alice WagnerAlberto and Paulina A. WaksmanStanley WaldoffJessica WeberCatherine WhiteMiriam S. WienerRobert Wilder and Roger F. KippAlice Speas WilkinsonYvonne Viani WilliamsMargaret S. WilliamsonElizabeth R. WoodmanEdward YanishefskyLila YorkThirty Anonymous Donors

The Augustus Juilliard Society

The Augustus Juilliard Society recognizes those who have included The Juilliard School in their long-range financial plans with a bequest,gift annuity or trust arrangement. These future gifts will help ensure that Juilliard may continue to provide the finest education possiblefor tomorrow’s young artists. The School expresses its deep appreciation to the following members:

† = deceased

For information about becoming amember of the Augustus Juilliard Society, please visit us on the web at www.juilliard.edu/giving/planning. You may also call us directly at (212) 799-5000, ext. 278, or write to plannedgiving@juilliard.edu.

Joseph W. Polisi, President

The Augustus Juilliard Society60 Lincoln Center PlazaNew York, NY 10023

Non-Profit OrganizationU.S. POSTAGE

PAIDNew York, N.Y.

PERMIT No. 6915

Have You Visited Our Website?Vist us at juilliard.edu/giving/planning

• Learn more about giving to Juilliard

• Read timely articles and request information

• Use our gift illustrator to explore gift options

• Meet our donors

Visit us at www.juilliard.edu/giving/planning orwrite to plannedgiving@juilliard.edu

The Scholarship Fund for JuilliardWould you like to do something now to helpcurrent and future generations of performingartists? We invite you to make a gift in support ofscholarships today—a gift that will have a direct,immediate influence on the lives of our studentsand those to come.

Please contact Victoria Murray Brand, Associate Director, Scholarship Development at 212-799-5000, ext. 692 or visit www.juilliard.edu/giving.

Photo: Todd Rosenberg