February 8, 2013
A Hummer's View, Board of City Trusts, Chicetawn, Clay Armbrister, Fran Manley, Girard College, Girard College Alumni Association, Girard College Federation of Teachers, Joe Martz, Ronald Donatucci,
We receive phone calls and emails from Girard alumni frequently. The recent post we put up titled “Stakeholder’s Summary” contains many of the questions we’re asked, and unfortunately, unable to answer.
The Board of City Trusts operates in its own vacuum. They release statements telling everyone how transparent they plan to be, yet continue to stonewall those who ask what they consider to be private matters. Public agencies ,we feel, have very little that should be kept from public review.
In this era of instant communications,there is no reason the ongoing business affairs of the BOCT can’t be made public. Their monthly meetings and annual reports should all be published on a website available to the public.
The public, especially the Girard College and Wills Eye Hospital stakeholders, have every right to know the trusts for the college and hospital are receiving the fiduciary oversight they are legally deserve.
When a corpus such as the Girard Estates is reduced nearly 50%, stakeholder’s have a right to know that the managers responsible have been replaced. What investment counselors have been changed by the Estate? Have any been changed? Why hasn’t the Estate manager’s heels been held to the fire?
The financial problems facing Girard College have been well publicized. The only people who have paid a price for the financial mismanagement, however, have been the employees of the school and, most importantly, the students and prospective students. The student population is about 400 now, compared to 750 just a few years ago. That fact alone should shame the BOCT to take action. Protecting and educating children, not a political hack’s job is the primary function of the Board!!
So, my friend, ask your questions. Just don’t expect much of a response.
February 8, 2013
Alumni Voices, Board of City Trust, Family Concerns
A Hummer's View, Board of City Trusts, BOCT, Clay Armbrister, Girard College, Girard College Alumni Association, Girard Estate, Joe Martz, Ronald Donatucci,
A Hummer’s View – I thought of you when I read this. I, being very much an outsider, I live outside of Boston and have not been very active in the alumni, have a couple of questions. If you know who best to address them to, I will.
How much did the trust invest in derivatives, such as interest swaps? How much are they worth now or how much were they worth when they were sold? Essentially how much did the trust lose?
Who was responsible for those investments? And is that person still managing investments for the trust.
I would like to see a an expanded list of the portfolio “investments” in 2008. 2009. 2010, 2011, and 2012.
How many people are employed by the trust? Part time? Full time? salaries? Job descriptions?
Wishing you a happy and healthy New Year
Hail Stephen Girard
January 3, 2013
Bernard Smalley, Board of City Trusts, Chicetawn, Clay Armbrister, Fran Manley Girard College Alumni Association, Girard College Federation of Teachers, Girard Estate, Ronald Don atucci
I am pleased and honored to announce that a scholarship in my name has been established at the Union League for Girard College graduates.
As administered by the Abraham Lincoln Foundation of the Union League of Philadelphia, the scholarship will consist of a $10,000 annual grant to be given in minimum segments of $2000 to Girard graduates. Those starting their post high school studies, as well as those continuing their studies are eligible for grants.
Preference will be given to those planning a career in the life sciences, such as medicine, social services or nursing and those pursuing educations in architecture or civic development. However, ALL applicants will receive full consideration based on their academic records and civic involvement while students at Girard.
An application for a James McKendrick scholarship will be available from Girard College or the Union League of Philadelphia. The protocol will be similar to that followed by applicants for a Bruce Perazzelli scholarship and we will accept the same application form. A James McKendrick scholarship, however, may be renewed each year if the student maintains a B average and reapplies.
Final arrangements are being made now. When they are concluded, more information will be made available. We anticipate we will be awarding our first grants this Spring.
With all the horrific occurrences of the past few months, we hope this action will be seen as a sign of our continued faith in the children of Girard College; that they will grow to be caring, contributing citizens to the welfare of our great country.
December 5, 2012
Alumni Voices, And the staff say..., Board of City Trust
A Hummer's View, Bernard Smalley, Board of City Trusts, BOCT, Clay Armbrister, Girard College, Girard College Alumni Association, Girard Estate, Ronald Donatucci,
Dear Friend of Girard:
As you may be aware, in recent months the leaders of Girard College have made clear that the school faces a series of significant financial and operational challenges. While the Board of City Trusts has reiterated its commitment to keep Girard open and operating at its historic North Philadelphia campus, it is also true that difficult decisions must be made in the coming months to ensure Girard’s long-term future.
The Board has authorized a comprehensive review of the challenges that confront the institution, and it has promised that it will strive to keep the entire Girard family informed about the review process and its recommendations for Girard’s future. As part of this commitment, we will host a public meeting for all Girard stakeholders, to be held on December 13, 2012, from 6:30 to 8 p.m. in the Lower School auditorium on Girard’s west end campus. We anticipate that representatives from the Girard Estate and the Board of City Trusts will attend, together with members of the Girard College Board of Managers and Girard President Clarence D. Armbrister.
Because of your continuing relationship with Girard, we cordially invite you to attend this meeting, which will include an overview of the current situation and a discussion about potential options to ensure Girard’s long-term future.
Please email your RSVP to this invitation at firstname.lastname@example.org. We look forward to having you with us at the meeting on December 13th.
Bernard W. Smalley Sr., Esquire
Board of City Trusts
Chairman, Girard College Committee
Clarence D. Armbrister, President
Peter Shoemaker ’60, Chairman
Girard College Board of Managers
November 13, 2012
Board of City Trust
A Hummer's View, Board of City Trusts, BOCT, Clarence Armbrister, Clay Armbrister, Girard College, Girard College Alumni Association, Girard Estate, Ron Donatucci, Ronald Donatucci,
Letter from Directors of City Trust
A letter from Ronald Donatucci
Article by Martha Woodall in philly.com regarding the letter – click here to read
July 24, 2012
Board of City Trust, Family Concerns
A Hummer's View, Autumn Graves, Bernard Smalley, Board of City Trusts, BOCT, Clay Armbrister, Fran Manley, Girard College Alumni Association, Girard Estate, Girardcollege.edu, Joe Martz, Ronald Donatucci,
When we received this from a contributor, we thought someone was playing games with us; surely someone leaving a post of leadership would understand what leadership involved. In the case of our past president AG, however, apparently that’s not the case.
“Free at last”? Please, we understood that you were paid in excess of $200,000 a year and Girard provided free housing for your use. Are you trying to tell us that you were held in servitude against your will? We were also told that you applied for the position and in doing so claimed it was the fulfillment of a lifetime dream. Was that not true either? We were also told that you felt in spite of your limited credentials, your skill set would enable you to raise needed funds for Girard that would allay the financial problems the school was experiencing. We guess that too was misstated.
In any case Autumn, it appears your departure from Girard pleases everyone, including yourself. We’re not going to continue on about all the reasons we’re happy to see you go. Let’s just say that we hope your next position is better suited to your qualifications.
Ahummersview welcomes the change in Girard’s leadership
July 17, 2012
Board of City Trusts, Chicetawn, Clarence Armbrister, Girard College Alumni Association, Girard College Federation of Teachers, Girardcollege.edu, Joe Martz, Ronald Donatucci,
Happy Birthday Smokey !!
Daddona Celebrates 90th – June 23, 2012
There’s no Girardian who has thrown more parties that included other Hummers than Smokey Daddona of the 1940 class. By his own estimate, Smokey and his late wife Shirley, hosted over 20,000 Hummers in their day. You read that right – 20,000!!!
On Saturday, June 23rd another 14 Hummers were added to that group as they met to cheer Smokey on at his 90th birthday party. All told, approximately 100 people were entertained and fed by his family.
Hummers in attendance included many from his 1940 class including John Lander, Joe Brethwaite George Ciervo, Dillard Jordan, and Tom McGovern. Also there were Bob and Marie Furphy ’48, Bill Cubit ’48, Stan Glowacki ’48, Erwin Antonio ’42, Len Casterline ’55, Gene Ruggere, Jim McKendrick ’58, Tom Yocom ’58 and the “pup” of the group Dennis Oswald ’71. Several wives joined in the fun also.
Typical of any undertaking of Smokey’s, the food and drink was plentiful. In addition, a three piece group played almost without end for everyone’s enjoyment.
All in all it was a fitting tribute to a man who has demonstrated the meaning of Girard brotherhood more than any other. May you enjoy many more years of good health and happiness Smokey!!!! Your Girard brothers appreciate all that you are and all that you’ve done.
Hail Girard !!!
June 21, 2012
Alumni Voices, Family Concerns, The Students
A Hummer's View, Board of City Trusts, Clay Armbrister, Girard College Alumni Association, Girard Estate, Girardcollege.edu, Ronald Donatucci,
A Philly Teen’s Letter About Life in a Violent City Is Hand-Delivered to President Obama
Four people in 18-year-old Edgar Pagan’s life had been shot to death on the streets of Philadelphia by the time he graduated high school last week. While reflecting on his time at Girard College—a 1-12 boarding school for kids with high grades who come from families with low bank accounts—Pagan realized he wanted to write his thoughts on his life and these deaths and the wheel of fortune, the roulette wheel really, that separated them. He just wasn’t sure where to share those thoughts.
Read more: http://www.philadelphiaweekly.com/news-and-opinion/159617395.html#ixzz1yR0QQ2yF
June 8, 2012
Autumn Graves, Board of City Trusts, Girard College Alumni Association, Girard College Federation of Teachers, Girard Estate, Ronald Donatucci,
Alumni and Girard Staff and Friends:
Former Steel and Garnet and professional photographer Garry Norton (Class of 1967) is announcing the sale of his anticipated Girard Poster of some of his favorite photographs of Girard. Proceeds from the sale of these 12×18 Posters will be going to the Founder’s Keeper’s Program which benefitsFounder’s Hall restoration projects and the much needed repairs on “Our Temple on the Hill”. Show your school colors and pride by purchasing this keepsake and decorating the walls in your office or home.
Payments are as following:
$55.00…..Signed and Numbered Limited Edition Prints (Only 50 available) includes shipping and mailing.
$35.00…..Print Only includes shipping and mailing
Checks should be mailed directly to:
100 Walton Lane
Coatesville, PA 19320
For a Safe and Secure payment click on the Pay Pal Button below.
June 8, 2012
Board of City Trust, Public View of Stephen Girard, What about the Media?
A Hummer's View, Autumn Adkins, Autumn Graves, Autumn Joy Adkins, Bernard Smalley, Board of City Trusts, BOCT, Chicetawn, Clarence Armbrister, Clay Armbrister, Fran Manley, Girard College, Girard College Alumni Association, Girard College Federation of Teachers, Girard Estate, Girardcollege.edu, Joe Martz, Michael Nutter, Ron Donatucci, Ronald Donatucci,
The Philadedphia Tribune in today’s issue of June 8th included the following announcement of the appointment of Girard’s new interim president, Mr. Clarence Armbrister.
From what we read of Mr. Armbrister, he appears to be eminently qualified for the position. Strong leadership is needed at Girard during these trying times and we hope he has the courage to utilize his skills for the benefit of the school and the students.
Following is the article from the Philadelphia Tribune
Clarence D. “Clay” Armbrister, former senior vice president and chief of staff of The Johns Hopkins University, Mayor Michael Nutter’s chief of staff and executive vice president and chief operating officer of Temple University, has been appointed president of Girard College.
Meet the new President of Girard College