Frequently Asked Questions about the Annual Fund
The Annual Fund is fundamental to the school’s operating budget each year. Therefore, dollars raised ensure that the school can attract and support excellent faculty and staff, offer dynamic programming, and allow students access to technology. In these ways, the funds help to maintain small classroom sizes and makes possible professional development opportunities for our faculty and staff. The Annual Fund also enables the institution to offer financial aid opportunities that foster community.
The Board of Trustees and Head of School are committed to minimizing tuition increases while continuing to offer every student an excellent education. The majority of any school budget is applied to people and facility maintenance, leaving little flexibility due to those fixed costs. The cost of providing an excellent education continues to increase significantly, putting pressure on the budget while maintaining only a 1.5% increase in tuition for the sixth consecutive year. We ask those who can stretch to please do so, given that not everyone can due to their current circumstances.
What is the difference between the Annual Fund and other fundraising efforts hosted by the Parents’ Association and Boosters Club, etc.?
The Annual Fund is a primary source for unrestricted, annual operating support. Those critical, flexible dollars allow the school to meet the most pressing and immediate needs of the institution. Country Day does not have a sizeable endowment relative to other peer institutions of its size to augment revenue provided by tuition dollars, which makes us more dependent on the success of the Annual Fund.