ANNUAL FUND
As the name implies, the Annual Fund is a campaign that is undertaken every year. All Annual Fund proceeds support the current operating budget and are applied directly toward operating expenses. Almost all aspects of teaching and learning depend on gifts to the Annual Fund.
The Annual Fund goal, determined each year before the start of the campaign, is normally in the range of 10 – 15% of the annual operating budget. If the Annual Fund surpasses its goal, surplus funds will be forwarded to the Annual Fund for the following year to ensure that the intent of the donors, to support current operations, is fulfilled.
The Annual Fund Committee spearheads the campaign. It comprises Co-Chairs (usually current parents) and parent class representatives; it may also have an Alumni Chair, Grandparents’ Chair, and Chair for Parents of Alumni. The Chair of the Development Committee serves as a link both to the Development Committee and to the Board of Trustees.
The Annual Fund kickoff takes place in early October. Appeals are sent to the entire St. Thomas family: staff, parents, grandparents, alumni, parents of alumni, friends, and foundations. Pledges are due by May 31. Donations are accepted throughout the fiscal year, which ends on June 30. Gifts of securities are gratefully received, as are corporate matching gifts. Please contact Judith North, Director of Development, for detailed information concerning transfer of securities to the school.
A high rate of participation of the staff, Board of Trustees, and families is a primary goal of the Annual Fund, whatever the gift amount. Foundations and corporations look closely to Annual Fund participation as an indicator of loyalty and dedication within a school community. Because grant-makers favor schools that can demonstrate strong support from their constituents, the participation level is fundamental to the success of St. Thomas School’s fund-raising efforts.
More Information
If you are interested in learning more about the Annual Fund or are interested in making a gift, please contact Judith North, Director of Development, by email or at 425.454.5880.