WAYS OF GIVING

Frequently Asked Questions about the Academy’s Annual Fund

Why is the Annual Fund so important?
The Annual Fund supports the school by providing annual gifts that provide unrestricted support. This allows the Academy to put annual fund dollars to use where they are needed the most.

How does the Annual Fund benefit my family?
Gifts to the Academy’s Annual Fund

• Help the Academy to maintain small class sizes
• Enhance innovative curriculum and programs
• Maintain the Academy’s 12-acre campus and facilities
• Enrich athletics, the arts and extracurricular programs

I pay tuition, why do I need to contribute to annual giving?
Independent schools like Staten Island Academy depend on annual gifts from parents, alumni, trustees, faculty and friends to help cover the shortfall between tuition dollars and the actual cost of educating each student. In addition, when the Academy is under consideration for grants from foundations, the level of community participation in annual giving plays an important role. Foundations believe in helping schools with committed communities who support fundraising.

Are my gifts tax-deductible?
Staten Island Academy is registered with the Internal Revenue Service as a 501c3 Nonprofit, which means that gifts to the school are tax-deductible as allowable by law.

Can I designate my gift to a specific area?
Yes, you can designate your Annual Fund gift to support a specific area. Those areas include the arts, athletics, campus and facilities, curriculum development, faculty, financial aid, technology, the library, honorariums, and Head of School initiatives.

Can the Academy help me fill out matching gift forms?
The Development Office is happy to help with all forms and processing details. Contact development@statenislandacademy.org

What are Giving Societies?
Giving societies recognize community members who give at leadership levels of $1,000 and above. Donors are listed by society in the Annual Report. Gifts may also be made anonymously.

• Head of School Council: $10,000 or higher
• The Founder’s Club: $5,000-$9,999
• The 1884 Club: $2,500-$4,999
• The Maroon & Gold Club: $1,000-$2,499

How do I get more information on giving to the Academy?
Please contact
Maureen McShane, Director of Development
718 -303-7805, mmcshane@statenislandacademy.org