Annual Fund FAQ
- What is the Annual Fund and why is it important?
- Why not just increase tuition?
- Why is 100% participation crucial?
- I can’t afford to give much. Does my small gift really make a difference?
Tuition alone does not cover the true cost of a Far Hills education. Every student at Far Hills Country Day School is on financial assistance. As a school we must raise over $1 million annually to cover the gap between revenue and expenses. Tax deductible gifts to the Annual Fund are the single most important source of non-tuition income. For every $1.00 contributed to the Annual Fund, $0.95 goes directly to support everything from faculty salaries and professional development, art, science and classroom supplies, technology, athletic equipment, field trips and other unique beyond-the-classroom experiences.
Almost every independent school in the country uses the same business model we do—one which builds in a gap between tuition and expenses that needs to be filled by philanthropy. If we were to raise our tuition to cover the true cost of a Far Hills education, we would not remain competitive with other local independent schools. In addition, gifts to the Annual Fund are tax deductible.
Yes! Every gift truly does make a difference. Small gifts can make a big collective impact and inspire much larger gifts. Every contribution, no matter how small, counts toward our participation rate and the bottom line. In fact, during the 2015-16 fiscal year, 233 gifts of $100 or less totaled $13,000 for the Annual Fund.