What is the Annual Fund and how does it differ from other fundraisers at The Prentice School?

 

The Annual Fund is a campaign to solicit unrestricted contributions from parents, grandparents, parents of alumni, faculty, staff and friends of The Prentice School to defray the costs of a Prentice School education that tuition revenue alone does not cover. Donations to the Annual Fund meet needs in the current yearly operating budget, helping to sustain and improve the School in all areas. The Annual Fund helps us to “bridge the gap” between what it costs to educate a child at The Prentice School and our tuition.

 

Why should I give to the Annual Fund when I already pay so much in tuition?

 

Philanthropy is an essential part of our communal life together and tuition alone does not cover the cost of a The Prentice School education. After tuition, the largest source of yearly income is the Annual Fund, making it vital to the School’s financial health.

 

Why not increase the tuition if it does not cover all the costs of education?

 

Part of our mission is making a Prentice education available to the most diverse, qualified students who seek specialized education so we work hard to minimize tuition increases. Raising tuition to meet all costs would mean that many families would be unable to send their children to The Prentice School. Additionally, contributions to the Annual Fund are tax-deductible, whereas tuition is not. This gives each family an opportunity to take advantage of tax incentives related to donating through the Annual Fund.

 

What is our goal for this year’s Annual Fund? What will it fund?

 

Our goal for the 2011-2012 Annual Fund is $200,000 and will support our scholarship fund, instructional materials and enhancements at The Prentice School. But even more important, we have a goal of 100% participation from each of our families and every member of the faculty and staff. Please join us and help us reach 100% participation from the entire Prentice community!

 

What if I can only give a little?

 

Every gift is important in terms of reaching our overall goals. We will be delighted with any gift you can make, as it helps to reach 100% participation and demonstrates your commitment to and confidence in The Prentice School.

Why are you asking for pledges now when they are not due payable until June 31st?

We ask for your pledge early in the campaign so we may assess our progress towards our goal and better determine if adequate funds will be available for the projects we are targeting.

 

 

Yes! The Prentice School can receive stock donations, which can be an advantageous tax choice. Just call the Development Office to receive the instructions.

 

May I make a multiyear pledge?

 

Yes! You are welcome to make a multi-year pledge in support of The Prentice School. Simply let us know the amount of your pledge (a minimum of $500), the length of your pledge (a maximum of five years) and how you prefer to pay the pledge. For additional information contact our Development office at 714-244-4605.