Annual Giving refers to unrestricted gifts made to the Academy on a yearly basis to defray current-year operating expenses. As an independent, Catholic school, the Academy receives no financial support from the Catholic Church or from local or federal taxes. To support the people and programs that make the Academy unique—dedicated teachers, small classes, expanded offerings in areas from arts to athletics—current families are asked to contribute through the Parents Annual Fund Program. Grandparents and friends are important to the success of annual giving and are solicited through the Annual Christmas Appeal, and our alumni are asked to support the Annual Fund during the Annual Alumni Phonathon.
- Why is Annual Giving necessary?
- Why not just raise tuition rather than solicit gifts?
- Who is being asked to participate?
- What are gift societies?
- What is The Blessed Marie Rose Society?
- How long do I have to pay my pledge?
- What are matching gifts and will I get credit for them with my pledge?
- Is my donation tax-deductible?
This may seem to be the quickest solution, but we wish to keep tuition as low as reasonably possible for several reasons. The Academy is sensitive to the market and financial considerations of all our families. Therefore, we do not want to place our school at a significant competitive disadvantage by unduly increasing tuition. Secondly, the annual rate of increase in tuition helps make AHN more affordable and accessible to a wide population. A successful annual giving program is one of the ways that allows the school to achieve a student body that is diverse and multi-talented. Additionally, there is a considerable advantage that annual donations provide to those who itemize their tax returns.
Gift societies are a method or approach to securing a number of gifts at all levels. If our Annual Fund is to be successful, it must reflect the balance between leadership gifts and broad participation. Gift societies provide an opportunity for all donors to be recognized and acknowledged at the level of their generosity to AHN. The Academy has a culture of philanthropy and seeks support from all of our constituents—parents, alumni, grandparents, past parents and friends—to support AHN’s mission.
The Blessed Marie Rose Society is a formal organization of lead benefactors to the Academy. Membership in the society is open to all individuals, companies and foundations who have made a minimum annual gift of $1,500 to one of our four leadership categories. Each year, members of The Blessed Marie Rose Society will be invited to a private reception in recognition of their leadership generosity.
Matching gifts are gifts that an employer will give annually to an educational institution or other non-profits as an employee benefit by matching the gift made by an employee on a 1:1, 2:1 or 3:1 basis. In the Annual Fund, we will give full credit to the donor for any gift they make as well as any match their employer makes. In many cases, this can be a wonderful way to increase your gift to a higher gift society. For example, a gift of $250 from a donor matched by their employer on a 1:1 basis for an additional $250 will credit the donor with a $500 gift to the Academy. Simply ask your employer about their matching-gift program, forward the company form along with your gift and AHN will do the rest.