Such gifts, although part of the Annual Fund, do not support current operating expenses and are therefore segregated for reporting purposes. Each year, the Annual Fund solicitations start at the beginning of the School year and end on April 30. An early close gives volunteers and donors a sense of completion and School year without the burn-out of a long campaign. It also indicates to corporations, foundations, major donors and friends that those most connected to the school are indeed committed to and involved in its future well-being. Therefore, all gifts, no matter the size, are tremendously important.
Endowment is a permanent fund from which earned income is spent.
The endowment is invested under the guidance of the Board of Trustees. Endowment funds come from gifts designated by the donors and from unrestricted capital gifts that the Trustees may designate according to the School's needs. Income generated from the endowment contributes 6.8 percent of the overall budget. The Senior Class Gift is a project run by the 12th-grade students. As a class, the students select a project from a list of identified School needs.