The Saint David's Development Office directs the fundraising activities of the school, while supporting the school's mission. It builds relationships with current parents, alumni, former parents, grandparents and friends, with the ultimate goal of enhancing the infrastructure and educational environment of the school. Like all independent schools, Saint David’s depends upon the generosity of its constituents to provide a high caliber education, as defined by the school’s mission. Support of the annual fund, endowment and special projects strengthens Saint David’s financial position and ensures Saint David’s continued success in educating good young men. There are many ways to give at Saint David’s; all are essential for the financial health and stability of the school.
The “bread and butter” of a school, the annual fund closes the 14 percent gap between tuition revenue and operating expenses. Money raised through the annual fund is spent in that same year. Because of this, it is necessary for the school to meet its annual fund goal every year. The annual fund supports many areas of school life including, academic programs, the purchase of educational materials, scholarships, the maintenance of facilities, and faculty workshops. Last year, Saint David's parents enthusiastically showed their support of the school, achieving 100 percent parent participation in the annual fund--for the third time in six years! For 2012-2013 the annual fund goal is $1.7 million. The fund closes on June 30, 2013 and a pledge must be paid by June 30th to count toward the 2012-2013 Annual Fund. Click for details on this year's annual fund campaign.
Campaigns are large scale initiatives, which involve raising money to meet construction and endowment needs that cannot be paid for from tuition funds. Campaign gifts are generally large in scale, and can be paid outright or pledged over a period of two to five years. In June 2011, Saint David’s closed a $20 million campaign, Continuing Our Best Traditions: The Campaign for Saint David’s Teachers and Boys which addressed our first two strategic initiatives. It raised endowed funds to continue the school’s efforts to attract and retain exceptional, mission-driven teachers. This goal, combined with our commitment to supporting qualified boys in need of financial assistance, will help make certain that we fulfill the aspiration of our founders “… that they be good men.” We look forward to delving into our third strategic initiative, reimagining, redesigning and renovating our 89th Street campus in the coming years.
Planned gifts most often are made to the school through a trust, annuity, insurance policy or bequest. The school established the 1951 Society in 2006 to recognize those who make charitable provisions for Saint David’s. These gifts can be designated to endowment, to support academic programs, for financial aid, faculty salaries or for unrestricted use for current and changing needs.
Endowments are legacies to Saint David’s. Like savings accounts, they provide the school with financial stability and economic strength that help it weather rough financial times. Today, the school’s endowment consists of 61 funds totaling approximately $50 million. Funds are established for a variety of purposes: from offering scholarship aid, to supporting a particular program area, to providing assistance for faculty development. Visit the Endowments Page for details on the endowed funds at Saint David's School.
Restricted gifts are given for a specific purpose that is of particular interest to the donor. They are distinguished from annual fund contributions, which are unrestricted gifts that go into a general fund to close the gap between revenue and operating costs. Restricted gifts can include support for a particular program or project.
Many employers match gifts that employees make to non-profit organizations; sometimes they even double or triple the gift. To take advantage of matching gift programs, obtain a matching gift form from your human resources department, and complete and return it to the school with your gift. Many companies now have an online option for submittal of a matching gift. You will be credited for the total amount of your gift, including the match.
The Parents Association works with the school to host an annual benefit dinner dance and auction. This year's event will take place on Friday, February 22, 2013 at Cipriani 42nd Street. This is a fun night when a majority of parents and faculty/staff come together to celebrate and raise much needed funds for the school’s operating budget. The evening includes dinner, dancing, a silent and live auction, as well as a raffle for “Headmaster for a Day.” You should have recently received information in the mail about the different ways to support this event which include underwriting opportunities, patron circle tickets, auction solicitation and journal advertisements. Visit the 2013 Benefit Page for more information.
Fax: (212) 289-2796
Email the Development Office
(212) 369-0058, Ext. 313
Director of Development
(212) 369-0058, Ext. 310
John C. Dearie '95
(212) 369-0058, Ext. 311
(212) 369-0058, Ext. 312
Thomas A. McLellan
Alumni Development Associate
(212) 359-0058, Ext. 315