November 8, 2018 – Prior to the CIM opera performance on Wednesday, November 7, 2018,
Cleveland Institute of Music President & CEO Paul W. Hogle and Board Chair Richard J. Hipple recognized Trustee and longtime donor Gay Cull Addicott for endowing the Institute’s second Presidential Scholarship through a planned estate gift
. With a gift value of at least $1.5 million, this scholarship will provide full tuition, room, board and fees for an exceptional student.
“In talking with Gay about this extraordinary gift, it was clear that her passion for music and for creating opportunities for young people runs deep,” explains Hogle. “She demonstrates that commitment through her service as a CIM Trustee, working tirelessly to advance the Institute’s vision to be the future of classical music.”
Hogle continues: “The Edward and Gay Cull Addicott Presidential Scholarship is given in memory of Gay’s late husband Robert Cull and in honor of her husband Edward Addicott, who both love classical music as much as she does. With this gift, Gay’s legacy will empower future generations of CIM students to launch their own careers. Watching the pride on Gay’s and Ed’s faces as we announced this extraordinary commitment is a memory I will not soon forget.”
On the heels of last year’s historic decision to reduce tuition for new students by 15% and hold tuition flat for returning students, CIM is on a course to create the equivalent of 50 Presidential Scholarships over the next decade. CIM’s strategic plan, known as Blueprint:100, recognizes the need to have more scholarship dollars available to attract to Cleveland the next generation of the world’s most talented classical music students.
Making this announcement just six weeks after announcing the first Presidential Scholarship, Hogle was bullish on CIM’s fundraising: “To have earned the trust of these two families and received two seven-figure endowment gifts before CIM’s second century has arrived is a testament to the place the Institute holds in people’s hearts and minds, as well as an endorsement of our plans to lower the net cost of education for all CIM students.”
Addicott was president of Sterling Manufacturing Co., Inc., an enterprise founded by her late husband. As a civic leader, she has served as a member of the school board in Northbrook, Illinois, member of the Shaker Heights City Council, president of the Cleveland Restoration Society (where she is a Lifetime Trustee), executive director of the Women’s City Club of Cleveland and trustee of Hiram College. Addicott is an honorary life trustee and current trustee of The Cleveland Orchestra, and has served on CIM’s board since 2000.
CLEVELAND INSTITUTE OF MUSIC
The Cleveland Institute of Music is one of just seven independent conservatories of music in the United States and one of three devoted exclusively to classical music performance. Its graduates command the most celebrated and revered stages in the world as soloists, chamber musicians and ensemble members; compose meaningful, award-winning new repertoire; and are highly sought-after teaching artists, administrators and thought leaders. More than half of the members of The Cleveland Orchestra are connected to CIM as members of the faculty, alumni or both. All students benefit from access to world-renowned visiting artists and conductors, intensive study with CIM’s stellar faculty and the rich curriculum offered by CIM’s partner Case Western Reserve University. CIM is an integral part of Cleveland’s arts community, presenting nearly 600 free performances and master classes on campus each year, and hundreds more at locations throughout the region, including Severance Hall. Explore
cim.edu
to learn more.
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