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The Masthead
June 2012 Page 3
The Kathy & Jerry Wood Foundation Provides Generous Financial Support
T
he Westlawn Institute of Marine Technology is
pleased to announce that we have received the
third year’s donations for the most substantial grant
and scholarship program the school has ever offered!
For qualifying U.S. students, tuition will be effectively
reduced to levels last seen in the
early 1980s!
All the funds donated by the Wood
Foundation for 2010 and 2011,
were expended in scholarships and
grants for students before the end
of the year under the terms of the donation. We’re
looking forward to assisting more students again this
year.
This program has been made possible by the generous
support of the
which
has committed to donating $90,000, at $30,000 per
year for three years (2010, 2011 and 2012), to provide
tuition assistance for all Westlawn students who are
eligible. Grants and scholarships will be available until
the donated funds are expended for a given year.
Mr. Jerry Wood dedicated much of his life to the sup-
port of boating and education. In fact, he established
the Annapolis Sailing School in 1959, which soon be-
came the largest commercial sailing school in the
United States. With his wife Kathy, he went on to cre-
ate the first in-the-water all-sailboat show, which revo-
lutionized boat shows, and lead Kathy and Jerry to cre-
ate the United States Powerboat Show—also in Anna-
polis—two years later. Over the years, the Wood’s busi-
nesses have employed over 3,000 young people and
young adults helping to train and mentor them to pre-
pare to move out into the world to become well-
rounded mature individuals.
Westlawn’s parent company is The American Boat &
Yacht Council (ABYC) based in Annapolis, MD. ABYC
headquarters is within walking distance of the Annapo-
lis Boat Show and is even closer to Kathy and Jerry’s
former Annapolis home.
“The connections between Westlawn Institute and
ABYC and the history and goals of Kathy and Jerry
Wood, are remarkable,” said Sallie Hamrick, President
of the Kathy and Jerry Wood Foundation. “Not only are
both organizations dedicated to boating and education,
but also to enhancing boating safety and to encourag-
ing our nation’s youth to pursue the enjoyment of boat-
ing and careers in the boating industry. We are particu-
larly touched that Jerry and Kathy will continue to serve
the boating community by helping
students learn to design boats and
yachts that will be joyfully used for
generations to come.”
“Westlawn is extremely grateful to
the Kathy and Jerry Wood Founda-
tion,” noted Westlawn director Dave Gerr. “The scholar-
ships and grants the Wood Foundation are making
possible will be a tremendous help to our students,
and it’s even more satisfying to know that we’ll be con-
tinuing the tradition that Kathy and Jerry Wood estab-
lished both assisting in education and in supporting
boating.”
“ABYC’s president, was instrumental in making the
connections that resulted in this invaluable support,”
continued Gerr. “It’s a perfect example of how impor-
tant it is to be part of ABYC, and of the deep commit-
ment that ABYC has to boating education and stan-
dards.”
For U.S. Citizens Only
Under the terms of the funding, the Kathy and Jerry
Woods grants and scholarships can be awarded to U.S.
citizens only.
Grants for Newly Enrolling Students:
All students, who are U.S. citizens, who meet Westlawn
admission requirements, will be eligible for a $1,500
grant toward their tuition in Module 1 in the full Yacht
& Boat Design Program, or toward the tuition for the
Elements of Technical Boat Design course.
Regular tuition for one module (U.S. students, 2012) is
$2,950. Students enrolling with a $1,500 Wood Foun-
dation grant may either pay the entire tuition balance
of $1,450, or they may elect to enroll under the zero-
interest monthly payment plan as follows:
$690 initial payment followed by 10 monthly pay-
ments of $76.00 per month.
Continued on page 29