FAQs

How can I get more information about the Annual Fund?

For more information, please visit carolinaday.org/annualfund or call 828-274-0758 ext. 299 or email Glen Taylor.

How are Annual Fund dollars spent?

Annual Fund gifts are put into action the moment you make a gift.  The gifts are not deferred to another year; they make a difference this year.  Although unrestricted gifts are preferred because they can be directed where they are needed most, you may designate where you want your gift to be spent within specific categories—arts, athletics, financial aid, technology, and teacher training are all areas where you may designate your gift.

This year, the Annual Fund will move the school forward through investments in professional development for teachers, curriculum enhancement, continued support of the arts, and enhanced support of athletics.

How do I give?

Carolina Day School is a 501(c)(3) nonprofit. Gifts are tax-deductible as allowed by law.

Cash: You may write a check to CDS for the entire amount of your gift. Or, you may make a pledge and pay in monthly or quarterly installments until the June 30 campaign year end. If you would like to pay in installments, you will be mailed reminders. For a pledge envelope, call 828-274-0758 ext. 299 or email Glen Taylor.

Credit Card: You may charge your gift to your Visa or MasterCard of authorize a monthly or quarterly charge to your account. To make a one-time credit card gift, click here. To set up credit card payments for a pledge, call 828-274-0758 ext. 299 or email Glen Taylor.

Pledge: Email Glen Taylor with your name and pledge amount. All pledges received in writing by email or by mail are counted as an official pledge.

Securities: While most people make gifts of cash, Carolina Day School gratefully accepts gifts of securities. A gift of stocks or bonds is beneficial to you. You can receive a charitable deduction of the full fair-market value of the securities. To obtain a form, call 828-274-0758 ext. 299 or email Glen Taylor.

Matching Gifts: Some corporations will match an employee’s gift. Any matching gift will be combined with yours to determine the giving level at which you will receive recognition. Often companies ask for the recipient organization’s Federal Tax Identification Number (EIN). CDS’s is 56-0125490.

Does it matter when I give?

Yes. A gift or pledge made early in the school year is a great advantage because we know how much money will be available to support the budget. Because of this, we ask for donations or pledges to be made by December 31.

The annual fund year is July 1 – June 30 each year. Your participation counts as soon as you make a pledge. The pledge may be paid in one payment or in multiple payments up until June 30.

Once you have made your annual fund gift or pledge, you will not receive another annual fund solicitation until the next academic year.

I can't give very much. Does my donation matter?

Yes! Participation in the Annual Fund truly matters at every level. A $50 gift counts in participation the same as a $50,000 gift. Every family’s situation is unique. The only gift that is too small is no gift at all. Every dollar counts as a strong statement about the commitment you have to the School and this community. Your participation will make a difference.

How do I know how much to give?

We ask our community members to support the Annual Fund to the best of their ability. If everyone gives to the best of their ability, we will more than exceed our goal for this year. For some families, thinking of the Annual Fund as an additional tuition payment is appropriate. For others, the amount will be less. We hope you will determine what is best for your household and choose from one of the following gift clubs:

  • Founders Society ($10,000 and above*)
  • Trustees Society ($5,000 to $9,999*)
  • Head of School Society ($2,500 to $4,999*)
  • Cardinal Club ($1,000 to $2,499)
  • Highlander Club ($500 to $999)
  • Wildcat Club ($100 to $499)
  • Red and Blue Club (up to $99)

*Gifts of $2,500 and above are considered leadership gifts. Leadership donors are honored each year at a beginning of the school year celebration event.

Do all independent schools have an Annual Fund?

Yes.  Our model is not unique.  The formula of charging tuition and relying on philanthropy to meet the school’s budgeted expenses is consistent with our peer independent schools across the country and globe.

Why not increase tuition instead?

CDS trustees and administrators recognize the sacrifices families make to offer their children a high-quality education and strive to keep tuition costs as low as possible. If tuition were raised to meet all the School’s needs, each family would pay a considerable amount more per year. The tuition that would be necessary to fund our current level of education would restrict even further the number of families who could afford to attend. This would limit enrollment which, in turn, would mean a cutback in programs and the socio-economic diversity of our school community.

Unlike a for-profit business, we cannot cut costs through consolidation and streamlining. To employ these strategies at a mission-driven school like CDS would require reducing staff or combining classrooms, making us unable to provide the individual attention and quality of education that everyone wants and expects as integral components of the CDS experience. Finally, a gift to the annual fund is tax-deductible. Tuition is not.

Why does Carolina Day have an Annual Fund?

Together, our annual fund gifts provide the foundation for CDS to develop our children as confident learners and capable doers.

While our community will find many opportunities to support the school in the course of a year, the CDS Board of Trustees has set the Annual Fund as its top priority because of the critical role it plays in supporting the school’s daily operations.  Of the various ways you can contribute to CDS this year, support of the Annual Fund is the most important.  Please make this gift first.

Why I give

 

"I give to Carolina Day School because I love Asheville and I think it's important for our community to have a strong, secular, co-educational day school."

Leslie Casse SG/GH '81, Parent of Ellie '20



powered by finalsite