St. Richard’s Episcopal School Annual Fund 2018-2019
The Annual Fund is an ongoing fundraising effort coordinated by the Development Office, and it represents one of the most important ways you can help St. Richard’s continue to provide an exceptional educational experience that remains an exceptional value for parents. Gifts to the Annual Fund are tax-deductible, support small class sizes, dedicated teachers, classroom and technology upgrades, a socioeconomically diverse community that reflects the city in which we live, and an ever-expanding curriculum that allows students to thrive.
For more information, please contact Alexis Mills-Harrison at email@example.com.
- What is Annual Fund?
- Why is Annual Giving so important? What does it fund?
- Why doesn’t St. Richard’s simply raise tuition to cover the true cost of a St. Richard’s education?
- Why am I asked to increase my gift each year?
- How much am I expected to give?
- Is my gift tax-deductible?
- Why is the school asking for pledges to be received by June 30th?
- If I make a pledge by Dec. 31, may I pay later?
- Why is 100 percent participation so important?
- Who is asked to contribute to Annual Giving?
Annual Fund is St. Richard’s Episcopal School’s top annual fundraising priority. Each year, all members of our community (parents, faculty, staff, trustees, alumni, grandparents, and friends) are asked to make a tax-deductible gift to the Annual Fund. The budget revenues raised through Annual Fund ensures our school has all the necessary resources (faculty, facilities, technology, and program support) to provide each student with an exceptional St. Richard’s education.
Tuition covers about 80% percent of the school’s annual budget; Annual Fund support pays for the essentials needed for excellence. Annual Fund giving impacts every part of our community—faculty and staff recruitment and retention, academic programming, technology, athletics, arts and music, the unique socioeconomic diversity of our community, and more.
St. Richard’s strives to maintain tuition rates that are comparable with peer schools and kept at a level that makes an independent school education possible for a wide scope of families with varying economic circumstances.
Keeping tuition rates moderated, without compromising the quality of our educational program, is an important core value of St. Richard’s.
The contributions that St. Richard’s receives annually are spent, and therefore needed, each fiscal year (July-June). Each year it costs more to run the school, particularly to attract and retain St. Richard’s outstanding faculty and staff. Annual Fund revenues represent a set percentage of the budget, so they must increase, as well.
Our request is that you make St. Richard’s your primary philanthropic priority. We ask that you contribute at a level that is personally meaningful and that makes sense for your family, keeping in mind the number of children you have at St. Richard’s. Gifts range from $20 to $50,000. Every gift is greatly valued and deeply appreciated.
It is a vote of confidence in our school, our faculty, and our educational mission.
100 percent participation is evidence that everyone in our community shares in the effort. This supports our philosophy that we must all work together to provide our children and the future generations of graduates with the best possible education.
High Annual Fund participation is a benchmark used by foundations and outside funders when deciding which of the many worthwhile schools will receive their financial support.