What is Annual Giving?
At Daycroft, Annual Giving, which runs annually, is made up of gifts from parents, alumni, faculty and staff, parents of alumni, former faculty and staff, grandparents, and friends. All contributions have an immediate impact on the quality of the school and directly benefit Daycroft students.
Why is Annual Giving important?
Tuition alone at does not cover the cost of educating a student at Daycroft. Like most independent schools, colleges, and non-profit organizations, we rely on gifts to help meet annual operating expenses. Annual Giving helps to bridge this gap. It is this legacy of voluntary giving that enables schools and other organizations to remain independent and healthy. Many of us stretch to give to the Daycroft Montessori School because of the value we place on a Daycroft education. It makes the difference between good and great in terms of the programs Daycroft can offer our children. Raising tuition would restrict even further the number of families who could attend. Charitable contributions, unlike tuition, are tax-deductible, and allow us to offer a Daycroft education to many more families, while also maintaining the excellence of our programs.
What are the sources of revenue for Daycroft Montessori School?
The sources of funds for the yearly operation of the school are tuition, Annual Giving, Parents’ Guild fundraising, the Daycroft yearly Benefit, community partnership program fundraising, corporate and foundation support and other opportunities as they are presented.
If I am receiving financial aid, why am I still asked to give?
The health of a school is measured in part by the support generated by all the school’s constituents. Foundations, for example, are more likely to help a school that demonstrates support from its own community. Our larger donors also want to see across the board community support. Therefore, our parent participation rate is extremely important even if the amount donated is modest. We strive for 100% participation across our community, which includes the board of trustees, faculty and staff, parents, alumni, parents of alumni, and grandparents, and friends. We recognize that every family has a level of giving that’s comfortable for them, and we are grateful for every contribution, no matter its size.
When should I make my contribution?
We would like to make every effort to gather pledges and gifts early in the campaign (throughout the fall and early winter). Many of you choose to give before the end of December for tax purposes. Others may find it more convenient to give at a different time. Whichever you choose, your investment in Daycroft really makes a difference.
Is my gift to Annual Giving at Daycroft tax-deductible?
Yes, 100%. Unlike tuition, any charitable contribution to our annual fund is tax-deductible. Your thank you note serves as a receipt for tax purposes.
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