Annual Fund FAQ
What is Annual Giving and why is it important?
Like all independent schools, Far Hills has an operating budget that relies on three main areas of income—tuition, endowment return and philanthropy. The term Annual Giving refers to the gifts made to FH each year that allow us to continue to provide our students with a robust and well-rounded educational experience.
Gifts made to our Annual Giving Campaign last year made some amazing things possible for our students and teachers.
- Ten faculty members traveled to a weeklong summer conference focused on the latest advancements in Mind-Brain Research so they can better understand the complexities of a child’s developing brain, how children acquire and retain knowledge and how to share these findings with all our teachers.
- 14 class trips were taken, from Kindergarten to Grade 8, including a working farm and cider mill, the United Nations, the New Bedford Whaling Museum and the CNN newsroom.
- 35 all school assemblies and performances, ranging from Rock Roots: The History of American Music to modern interpretations of Shakespeare and FH’s own student-based talent showcases were delivered to our students.
- The Brain Space, a dedicated classroom outfitted with tools and technologies to enhance our design thinking, robotics, coding and digital citizenship curriculum was launched.
- Classrooms, fields and workspaces designed to foster independent learning, as well as essential life skills such as teamwork, creativity and collaborative problem-solving were maintained and enhanced.
This is just small sample of what philanthropy allows us to do for each student, from our youngest learners to our graduates. As a school we must raise over $1.1 million annually to provide the Far Hills journey to our students. As such, gifts are our most important source of non-tuition income.
For every $1 contributed through Annual Giving, $.95 goes directly to support our students and teachers in the current academic year, allowing your generosity to have an immediate impact.
How will I know what my donation supports?
Just as each child is different, we know that each family is different. Areas of interest, motivation for giving, how we want to have an impact - it’s all very personal. Starting this year, we are pleased to offer our donors the opportunity to direct their gift to one of six areas of distinction:
- Teacher Professional Development
- Experiential Learning
- Student Activities and Support
- Area of Greatest Need
Each of these funds supports a critical component of a Far Hills education. Gifts made to any of them will have an immediate impact on FH students and teachers in this fiscal year. Please see the attached overview for a description of each one.
Why is it so important for me to make an annual gift?
Annual Giving is an investment in both the present and the future of Far Hills. Every family who joins the Far Hills community benefits from those who came before them. Those who came before you gave generously while they were here to help make the school what it is today, and we are proud to say that many of them continue to give even after their children have graduated. This tradition of generosity has been passed on for the past 89 years and is part of what makes FH such a special community.
Why not just increase tuition?
If we were to raise our tuition to cover the true cost of a Far Hills education, we would no longer remain competitive with other local independent schools. In addition, gifts to Annual Giving are tax deductible.
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 can make a big collective impact and inspire much larger gifts. In fact, last year, we received 450 gifts that were less than $250 each, but collectively, they totaled almost $50,000.
When should I make my gift?
Far Hills runs on a real-time budget, which means that the funds we raise this year go to immediate use for this year. As a result, early pledges and gifts are greatly appreciated since they make an immediate impact and allow us to plan more efficiently and effectively for the remainder of the school year. Pledges are welcome and can be paid on or before June 30, 2019.
Do you accept matching gifts?
Yes! Matching gifts from your employer are an excellent way to increase your support to Annual Giving. To see if your company matches contributions, please contact your Human Resources department or the Matching Gift section of the FH Annual Giving website.
Do you accept gifts of securities?
Yes! If you choose to make a stock gift to Far Hills, please contact the Development Office at 908-766-0622, ext. 1464 to let us know of your intentions to transfer stock or for any assistance. You will need to let us know the number and issuer of shares donated and the date of the transfer. Please instruct your broker/banker to transfer the securities to the school's brokerage account using the information below:
100 Campus Drive
Florham Park, NJ 07932
Phone: 973-301-6350 or 973-301-7609
DTC: 8862 / Account number: 438-04M25
Your generous support of our Annual Giving Campaign allows us to remain a school of unparalleled excellence not only for this generation of Far Hills students, teachers and families, but for generations to follow. Balanced with academic standards that challenge and inspire students at every grade level, our Five Pillars—Respect, Responsibility, Honesty, Kindness and Leadership—are nurtured and developed to ensure a brilliant beginning for success in the modern world.
For more information on how you can support Annual Giving, please contact Linda Corcoran, Associate Director of Alumni and Development at 908-766-0622, ext. 1464 or firstname.lastname@example.org.