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The Key Annual Fund
Annual Giving is the single most important source of non-tuition income for The Cottage School. It is a responsibility we all share.
10 percent can make the difference! The goal of the Key Annual Fund is to build a solid annual giving program that will eventually provide a critical 10 percent of the Schools operating budget, enabling TCS to enhance its programs and keep tuition increases minimal. Gifts to the fund directly and immediately benefit each student and faculty member as well as every program on campus.
During the 2007-2008 school year, the Key Annual Fund goal is $130,000. This represents a major step towards building an annual giving program that is sustainable and contributes a significant level of funds to the operating budget.
In addition to the financial benefits the school receives from a gift to the Key Annual Fund, participation, at any level is the single strongest factor considered by private and corporate foundations in determining whether or not to lend their support to The Cottage School. Many foundations will not consider a request for funding if the organization has not achieved 100 percent participation in their annual fund by Board, staff, and key stakeholders (in a schools case, parents). During the 2006-07 School Year, 88 percent of parents pledged their support to The Cottage School Annual Fund. The $130,000 raised during the 2006-07 Annual Fund, well surpassing the $120,000 goal, enabled the school to purchase new language arts and science curriculum for the entire school, provide a year-long staff development program on language-based learning disabilities, assist in funding school activities, and supplement the tuition assistance fund.
The goal for the 2007-08 Key Annual Fund is $130,000 and 100 percent participation from Parents, Staff, and Board.
Gifts of all sizes really do make a difference because their collective impact is tremendous. The Key Annual Fund campaign kicks off in August each year. Pledges and gifts are solicited from August through May. Pledges must be fulfilled by May 31 to be counted in the total.
The Key Annual Fund differs from other fundraising efforts because it directly supports the The Cottage Schools operating budget. Periodically, independent/private schools will raise funds for large-scale projects such as new construction, technological and campus renovations, or endowments. This type of effort is typically referred to as a capital campaign. Additional funds raised over and above the $120,000 may be set aside for future capital projects.
The Key Annual Fund is the single most critical fundraising program for The Cottage School. All parents are encouraged to support it first before supporting any other fundraising program.
What other fundraising programs will TCS ask parents to support ?
The Cottage School has streamlined its fundraising efforts in order to ensure that our community is not overburdened with requests for donations, and to create a consistent, unified focus for the school. In addition to the Key Annual Fund, the only fundraiser that parents will be asked to support is the annual Glitter Under the Stars! gala event. All fundraising activities must be pre-approved by the TCS Advancement Office.
Glitter Under the Stars! is TCS annual silent and live auction fundraising event. Last year, the parent organizing committee hosted the gala event on the beautiful TCS campus on May 5, 2007. Glitter under the Stars was a unique fun-filled evening of festivities, food, drink, and an incredible array of student artwork, silent and live auction items, and the World Famous Glitter Baskets! Glitter Under the Stars 2008--All That Jazz is set for Saturday, March 29, 2008, on the TCS campus.
Laura J. Burdett, Director of Advancement ljburdett@cottageschool.org Lesley Masisak, Advancement & Communications Coordinator |