Annual Fund Campaign Q&A

Q. What is the Annual Fund Campaign?
A. The Annual Fund Campaign is an appeal for donations to support the current operations of the school. The dates for the Campaign each year run according to Levine Academy's fiscal year, which is July 1 - June 30. The current 2012 Campaign encompasses all gifts made from July 1, 2011 through June 30, 2012. These gifts help enhance the day-to-day life of every student and faculty member by supporting a variety of programs, including academics, faculty development, the arts, athletics, technology, and the library.

Q. What is the difference between the Annual Fund Campaign and a Capital Campaign?
A. Capital giving refers to gifts made outside the Annual Fund Campaign. While Annual Fund Campaign contributions meet the immediate budgetary need of the school, Capital Gifts are investments in the long-term success of the Academy.

Q. Why do independent schools need additional funds through an annual campaign when parents already pay tuition?
A. Unlike public schools, “independent schools” cannot rely on government funding or government initiatives to support the school’s mission and also create new programs for students and teachers. And education is never stagnant and cannot afford to remain the same each year. Schools must improve from within in order to grow the curiosity and excitement of our children’s minds.

Q. How much should I give?
A. We ask each person to participate at a level appropriate for his or her circumstances. Every gift at all all giving levels has a direct impact on the educational experience of each of our students, it is also a way for you to say you believe in what we are doing. Donors outside our community look at levels of participation from all of our stakeholders when making their funding decisions. All gifts are vital and appreciated.

Q. Is my gift tax deductible?
A. Yes. Since we are a 501c3 nonprofit organization, gifts to the school through the Annual Fund Campaign are tax-deductible. We recommend that you consult with a financial advisor regarding your particular tax circumstances.

Q. What is a matching gift?
A. A matching gift is a great way to double or triple your contribution by participating in your company's matching gift program. Contact your Human Resources Office or Personnel Office to obtain a matching gift form.