Calverton School Annual Giving
Organizer
What is the impact of my gift?
Your gift to the Calverton Fund helps underwrite many types of expenses throughout the year. It ensures that we can attract and retain exceptional faculty by helping to fund teacher salaries and professional development. Bus trips for student events and activities, staging for theater productions and sporting equipment are other examples of expenses that are offset in the School’s budget by support from the Annual Fund. You may also choose to designate the exact area your donation goes to support.
Why are we asked every year to give to the Calverton Fund?
The Calverton Fund is an annual campaign that plays a vital role in the financial strength of our School by providing for expenses not covered by tuition. The operating budget of the School is supported in large part by gifts made to the Fund. As tuition dollars meet only part, or about 90%, of the actual cost of educating a student, we need to raise additional funds each year to support the gap between tuition and other income and the actual operating cost of the School. The Calverton School is a non-profit, independent organization that operates without financial assistance from any public source.
Why can't Calverton increase tuition to cover the full cost of educating each student?
Honestly, we could and can consider doing so. However, large increases in tuition may prohibit a Calverton education to many families, therefore altering our culture and distinctive learning environment. Because the School is committed to diversity in all its definitions, Calverton strives to make its excellence in education available to students regardless of financial background. Close to 50% of our students currently receive financial aid. Tax-deductible donations to the Calverton Fund keep tuition costs more affordable and provide financial aid and scholarships to deserving students.
Why is my participation in the Calverton Fund important if I can only make a small gift?
Independent schools represent a unique form of education in our society and independence demands an above-average commitment on the part of its members. The participation level of our alumnae, employees, parents and students in fundraising efforts shows other potential donors our willingness to invest in the School’s overall success. Corporations, foundations and other friends of Calverton look at voluntary support levels before deciding to make a gift to our School. Every gift makes a difference, no matter the amount.
How does a gift to the Calverton Fund differ from an endowment gift?
Gifts to the Calverton Fund and to the endowment are necessary to secure a strong financial future for the School.
All of the money raised through annual giving goes toward the School’s operating budget for that year. The Fund represents about $200,000 of the funding for the School’s operations, including support to academic programs, financial aid, extracurricular activities, athletic programs, faculty salaries, administrative costs and plant operations.
Endowment gifts are put into interest-bearing accounts that allow the School to use the future earnings to support specific projects.