Delivering an Old Trail School education requires considerable resources. Tuition alone does not cover our operating expenses each year. As is true for most independent schools, Old Trail School’s annual budget is financed through three sources: tuition, endowment revenue and philanthropic support.
Tax-deductible gifts to the Old Trail School Fund are the single most important source of non-tuition income for Old Trail School. It differs from other fundraising efforts because it directly funds the school’s current operating budget. All families are encouraged to support it before any other fundraising program.
Old Trail School Fund contributions make it possible to provide our students with extraordinary programs, opportunities and academic instruction. These gifts also provide an important degree of flexibility to apply dollars where they are needed most.
Why is the Old Trail School Fund important?
The Old Trail School Fund is the mainstay of our giving program, bridging the gap between tuition and the actual cost of educating each student. Dollars from this initiative support the school’s current operating budget and are a vital part of our program. Old Trail School Fund dollars are used where the needs are greatest and can also help Old Trail respond quickly to unforeseen circumstances.
Why not just increase tuition?
Raising tuition would likely result in the loss of many valuable students whose families could not afford the increase. A drop in enrollment would lead to cuts in both educational programs and staff. Equally as important, Old Trail School values its economic diversity. We encourage parents to make tax-deductible gifts to keep tuition affordable while maintaining the superior quality of education for every child.
What is “the gap”?
The gap refers to the difference between tuition and the actual cost of educating each child. The gap is nearly $5,900 per student. We encourage families who have the means to give “the gap.”
Why is 100% participation so crucial?
Participation in the Old Trail School Fund demonstrates solidarity and an understanding of the culture of philanthropy within the Old Trail community. It also increases the likelihood that Old Trail will receive funding from corporations and foundations who ask about our participation rate before providing us with additional funding. Strong annual giving participation positively influences prospective families, major donors, and charitable foundations to give to Old Trail School.
I can’t afford to give much. Does my small gift really make a difference?
YES! Every gift truly does make a difference. Small gifts make a big collective impact and inspire much larger gifts. Every contribution, no matter how small, counts toward our participation rate.
When should I make my gift?
Early pledges and gifts reduce overall resources and ultimately increase the value of the donation; they also move us closer to our goal of 100% participation within the first 100 days of school. You have until June 30 to make a payment your pledge.
What is the dollar goal for the Old Trail School Fund?
Annual giving goals change yearly, but their purpose remains constant – to sustain excellence at Old Trail School. The goal for the 2019-20 Old Trail School Fund is $400,000.