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| Why an Annual Fund Drive? |
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The Annual Fund is designed to address the "gap" amount for funding an ACE education
(the difference between the revenue from tuition and the actual cost to run the school).
Also, parent participation in the Annual Fund is a significant metric that corporations and foundations
use to assess the school when
deciding whether to award donations and grants. A high participation rate shows
that ACE parents invest in and support the school.
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| Who gives to the ACE Academy Annual Fund? |
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Parents of students, board members, family members of students, teachers and administrators, family
foundations, corporate donation matching programs, and friends of all these stakeholders as well.
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| How will my Annual Fund donation be used? |
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Every year the goals of the Annual Fund shift depending on what the school needs. A portion of our
Annual Fund will help to subsidize a percentage of our scholarship allocation for the year. By offering
scholarships, we will be able to better diversify our school and ensure a wide range of students.
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| How much should I give? |
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Every dollar counts! How much you give is strictly up to you. We do not request any certain amount.
Our goal is 100% participation. We welcome and appreciate gifts of any size.
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| I already pay a great deal in tuition. Why are you asking me to donate as well? |
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Private schools raise up to 20% of their budgets each year with Annual Fund Drives. Public schools raise
thousands of dollars, as well, to provide for curriculum gaps. Instead of raising tuition, we need to raise
extra funds so that we can keep our tuition as low as possible. Our tuition rate is set at an amount that
covers our basic operating expenses. With the Annual Fund, families can make a
tax-deductible donation to help the school raise extra funds.
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| Shouldn't ACE be able to get money from corporate grants and foundations? |
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Many people think that corporations are one of the largest donors in the philanthropic world. The
opposite is true. Last year, corporations were responsible for only 11% of giving in the U.S.
Corporations also tend to give only to events are large-scale organizations that can ensure adequate
press coverage and public relations opportunities. This makes it challenging for small private
schools to secure those funds. ACE is applying for grants with various foundations.
Foundations examine family participation rates in Annual Funds; your contribution will help us secure
foundation support.
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| My company might match my donation. What should I do? |
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We are hoping that corporate matching funds will play a big part in our annual fund success. Please
contact your Human Resources department to see if your company has such a program.
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| This is a very small school. Do we have a large enough base to raise the money we need? |
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We ask that all families be ready to spread the word. Not only will we be asking faculty, board,
and parents to support the annual fund, we will be asking you to forward information on friends
and family so we can add them to our mailing list.
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| I can't afford to give to the Annual Fund. What if I don't contribute? |
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No gift is too small. We are looking for 100% participation to support our grant applications to
foundations. Your gift will make a difference.
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