DAEDALIAN FOUNDATIONDAEDALIAN FOUNDATIONANNUAL MEETING REPORTANNUAL MEETING REPORT

CHAIRMAN CHAIRMAN

MAJOR GENERAL JERRY ALLENMAJOR GENERAL JERRY ALLEN

MISSIONMISSION

• The mission of the Daedalian Foundation is to promote military aviation, education, citizenship, and charity. We have set the following goals to accomplish the mission:

– We will inspire young Americans to pursue careers as military aviators, via college scholarships, flying instruction, and other educational opportunities.

– We will perpetuate the spirit of patriotism, the love of country, and the high ideals of self-sacrifice exemplified by the American pilots of World War I, in whose honor the Order of Daedalians was founded.

– We will raise and invest funds to advance the Daedalian Foundation mission.

We will inspire tomorrow's military aviators to selflessly serve our Nation.

VISIONVISION

WHAT WE DO!WHAT WE DO!

SCHOLARSHIPS

CADET FLIGHT INDOCTRINATION

EDUCATION AWARDS

JROTCAWARDS

DAEDALUS FLYER

NEWSLETTERS

DAEDALIAN FOUNDATIONDAEDALIAN FOUNDATIONMISSION ACHIEVEMENTS – CY 2014MISSION ACHIEVEMENTS – CY 2014

AWARDS AWARDS # BUDGET FUNDED % # BUDGET FUNDED % Egan Mentoring 7 $27,000 $28,000 104

CAP Grants 5 8,000 0 N/A

Matching 65 67,871 54,253 80

Army ROTC 3 7,500 7,500 100

Navy ROTC 3 7,500 7,500 100

AF ROTC 6 13,000 15,000 116

Egan Memorial 5 10,000 15,000 150

Jr. ROTC Medals 1240* 7,700 9,200 120

Descendants 3 6,000 6,000 100

Spencer 3 3,000 2,250 75

CFIP- Tex Hill 15 14,500 18,500 127

CFIP - Leavoy 3 4,500 2,703 60

Other 6 3,000 5,500 183

TOTALS 124* $179,571 $171,400 96

* Figure not included in TOTALS of awards

DAEDALIAN FOUNDATIONDAEDALIAN FOUNDATIONFlight Matching ScholarshipsFlight Matching Scholarships

• Foundation matches up to $2,500/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.

Years 2010 2011 2012 2013 2014

# of Awards 73 62 65 65 65

Total $ Awards $66,748 $59,000 $64,334 $52,351 $54,253

# Flights Involved 40 34 34 32 33

Avg $ Award $914 $952 $990 $805 $834

CADET FLIGHT INDOCTRINATION CADET FLIGHT INDOCTRINATION PROGRAMPROGRAM

PARTICIPATING PARTICIPATING FLIGHTS 2014FLIGHTS 2014

Flt 1 Founders

Flt 2 Stinsons

Flt 13 San Diego

Flt 16 LeMay

Flt 23 DFW

Flt 30 Hap Arnold

Flt 38 Longhorn

Flt 39 Eagle

Flt 61 Bud Day

Flt 103 Ft Hood

TRAINING COSTS TRAINING COSTS PER CADETPER CADET

60/40 50/50 50/50 50/50 50/50

Foundation/Flight shared costs

Years 2010 2011 2012 2013 2014

# of Cadets 15 15 15 19 20

Foundation $ $16,738 $12,921 $16,738 $18,984 $22,214

# of Flts involved

8 9 9 10 10

Avg $/Cadet $1,082 $862 $1,116 $999 $1,110

EDUCATIONAL AWARDSEDUCATIONAL AWARDS

LIEUTENANT GENERALS MILLARD F. & HUBERT R. HARMON: Presented annually to the USAF Academy Outstanding CadetPresented annually to the USAF Academy Outstanding Cadet

GENERAL MUIR S. FAIRCHILD EDUCATIONAL ACHIEVEMENT:Selected annually by the Air University Commander for the most significant contributionSelected 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, Presented to the outstanding pilot graduates of the pilot training schools of the USAF,

USN and USA.USN and USA.

DAEDALIAN JROTC ACHIEVEMENT: Presented annually to outstanding high school cadets at participating schools. Presented annually to outstanding high school cadets at participating schools.

JROTC AWARDS JROTC AWARDS

FUNDRAISINGFUNDRAISINGSponsorshipsSponsorships• Amazon Foundation (Amazon Smile)Amazon Foundation (Amazon Smile)

• Cockpit USACockpit USA

• American PharmaciesAmerican Pharmacies

• Lockheed MartinLockheed Martin

• Valero Valero

• Big Give SA- KSAT, Mays Foundation Big Give SA- KSAT, Mays Foundation

and John Santikos Foundationand John Santikos Foundation

New ScholarshipsNew Scholarships• Colonel John D. Hedges MemorialColonel John D. Hedges Memorial

• New Pilot Recruiting AwardNew Pilot Recruiting Award

TELLING OUR STORYTELLING OUR STORY

• Monthly NewsletterMonthly Newsletter

• Daedalus FlyerDaedalus Flyer

• EmailsEmails

• PostcardsPostcards

• VideosVideos

• Personalized LettersPersonalized Letters

• TwitterTwitter

• FacebookFacebook

Eagle Wing Level Donation $Pilot $ 100 Element Leader $ 250 Flight Leader $ 500 Squadron Commander $ 750 Wing Commander $ 1,000 Wing Commander Exemplar $ 2,000Eagle Wing "Ace" $ 5,000Eagle Wing "Double Ace" $10,000Eagle Wing "Triple Ace" $15,000Eagle Wing "Ace of Aces" $20,000

EAGLE WING LEVELSEAGLE WING LEVELS

MAJ GEN JERROLD ALLEN, USAF (RET)   LT COL DENNIS LEUTHAUSER, USAF (RET)

LT COL JAMES BROWN III, USAF (RET) COL CLAIR W POTTER, USAF (RET)

COL ROBERT CAMPBELL, USAF (RET) LT COL MALCOLM ROUNTREE

MR WILL HENDRIX COL DONALD ROBISON, USAF (RET)

BRIG GEN KENNETH F KELLER, USAF (RET) LT GEN RAY B SITTON, USAF (RET)

COL ANTHONY G "Bud" KENDRICK, USAF (RET) COL DONALD SPEAREL, USAF (RET)

MR LAIRD LEAVOY MAJ CHARLES ZABRISKIE, USAF (RET)

EAGLE WING “ACES” EAGLE WING “ACES” DOUBLE ACE - COL JAMES W. KELLOGG, USAF (Ret)

SUSTAINING GIFTSUSTAINING GIFTPROGRAM PROGRAM

Maj Gen Jerrold Allen, USAF (Ret) Col Addison Rawlins III USAF (Ret)

Lt Col Michael Buck, USAF (Ret) Col Morgan G. Rosenborough, USA (Ret)

Mrs. Maureen DeFelice Lt Col Gilbert Schnabel Jr, USAF (Ret)

Col Thomas Hansen, USAF (Ret) Maj Jessica Stearns, USAF (Ret)

Lt Col Richard Lorey, USAF (Ret) Lt Col Terry Warren, USAF (Ret)

Col Ellis B. McClintick, USAF (Ret) Lt Col Karl Wheeler, USAF (Ret)

Col Charles Neel, USAF (Ret)  

FUNDRAISINGFUNDRAISINGDonation History

2011 2012 2013 20142011 2012 2013 2014 $219,583 $224,941 $154,457 $154,457 $157,055

TREASURER’S REPORTTREASURER’S REPORT• Net Assets

Foundation $ 1,748,534$ 1,748,534 Egan ScholarshipEgan Scholarship $ 1,761,060 $ 1,761,060 Tex Hill ScholarshipTex Hill Scholarship $ 119,183$ 119,183 LeavoyLeavoy $ 53,599 $ 53,599 SpencerSpencer $ 27,823$ 27,823 NissenNissen $ 2,979 $ 2,979

$ 3,713,178 $ 3,713,178 • IncomeIncome

Donations UnrestrictedDonations Unrestricted $ $ 145,010 InvestmentsInvestments $ 59,813$ 59,813 Order-Services RndOrder-Services Rnd $ 63,749$ 63,749

Restricted Assets Rel Restricted Assets Rel $ 104,429$ 104,429 $ 373,001 $ 373,001

• ExpensesExpenses FlyerFlyer $ 82,698$ 82,698

ScholarshipsScholarships $ 183,539$ 183,539 Operating ExpensesOperating Expenses $ $ 109,662109,662

$ 375,899$ 375,899

20142014

FINANCIAL COMPARISONFINANCIAL COMPARISON

Net Assets $ 3,401,824 $ 3,616,817 $3,724,692 $ 3,713,178 $ 3,401,824 $ 3,616,817 $3,724,692 $ 3,713,178

Income Income $ 305,946 $ 389,522 $ 338,070 $ 373,001$ 305,946 $ 389,522 $ 338,070 $ 373,001

Expenses $ 288,086 $ 289,850 $ 300,799 $ 375,899Expenses $ 288,086 $ 289,850 $ 300,799 $ 375,899

2011 2011 2012 2013 2014 2012 2013 2014

2014 2014 AUDITAUDIT

• The Audit was completed 15 April 2015.

• The auditors gave an unmodified opinion.

• Opinion states there are no significant significant reservations in respect to matters reservations in respect to matters contained in the Financial Statementscontained in the Financial Statements.