Annual Giving Campaign 2006-2007 FAQs

What is Annual Giving?
The Annual Fund is a yearly appeal for donations to support the current operations of the school. Each gift helps enhance the day-to-day life of every student and faculty member by supporting a variety of programs,
including the arts, athletics and technology. Annual fund monies are raised and spent within the same fiscal year.

Is Annual Giving used for Financial Assistance?
No, however, the tuition does not cover the actual cost to educate a student at SRS. Support needed beyond tuition comes from gifts, grants, and Annual Giving. In essence, every student receives financial assistance from the Annual Giving Fund.

Are Annual Giving gifts tax deductible?
Yes. SRS is a registered 501(c)(3) nonprofit organization. Gifts are tax deductible under applicable IRS regulations.

Who gives to the Annual Giving Campaign?
Everyone in the school community is encouraged to give according to their ability. Teachers, parents, and trustees alike are supporters of the campaign as well as grandparents, alumni parents, past parents and alumni.

Why do we need full participation?
Your tax deductible gift, whatever its size, signifies your commitment to SRS which in turn represents our dependence on each other, and helps with fundraising from corporations, foundations and other sources.

When can gifts be made to the Annual Giving campaign?
Donations can be made to the annual fund any time during the fiscal year of July 1st to June 30th. Early gifts significantly reduce mailing and related costs saving annual giving dollars for their intended use.

Can I use the matching gift program at my company?
Yes. There are more than 500 companies in the U.S. that match gifts for education. Check with your Human Resources Department to see if your gift qualifies.

Does SRS accept only cash donations to Annual Giving?
No. Both cash and securities are accepted as gifts. Other gifts can be arranged through the Development Office.

What are the Honorary Clubs?
Honorary clubs have been established to encourage and recognize leadership donors.

What are Partnership Funds?
This is a way for the donor to direct funds to an area of his/her interest or to an area that he/she feels needs the support.

Can the Headmaster appropriate funds to other areas than directed?
Yes. If the amount donated to one fund exceeds the approved annual budget and the Headmaster anticipates another area has financial needs, he may redirect those funds at his discretion.

For more information, please contact Pete Parker, Director of Development, pparker@sageridge.org or call 852-6222 ext. 507.