Taft's Parents' Fund is one of the leading campaigns of its kind in the country. Ninety-two percent of Taft parents gave to the Parents' Fund last year, helping to bridge gaps and deliver the finest faculty, facilities, and programs to our students.
Please enter our secure site and join fellow Taft parents in making a gift to the 2017-18 Parents' Fund. Pledges are welcome but must be honored by June 30, 2018, when the Fund year officially closes. Remember: Your gift can be doubled if you or your spouse is associated with a company or foundation that matches gifts to secondary schools. No matter the size, your gift is an investment in our students, and our future, and for that we are grateful.
Amy Gorman P'12, '14
Parents' Fund Director
- What is the Parents' Fund?
- What is the Annual Fund?
- Why do we need the Annual Fund?
- Why is the Parents' Fund Important?
The Parents' Fund is part of Taft’s Annual Fund. It is a fundraising initiative driven and supported by the parents of current Taft students. Parents’ Fund Director Amy Gorman coordinates the effort, with help from the Parents' Committee, a group of approximately 50 volunteer families. The Parents' Fund at Taft is one of the leading campaigns of its kind in the country, and has long been recognized as the standard-bearer for parent giving among our nation's independent secondary boarding schools. Ninety-two percent of Taft parents gave to the Parents' Fund last year, representing 38% of total Annual Fund giving.
The Annual Fund is an ongoing fundraising effort managed by Taft’s Alumni & Development team, and realized through the dedication of legions of volunteers and donors. Taft alumni and parent volunteers work with the Alumni Office to secure gifts from the school constituency, including alumni, current parents, past parents, grandparents.
Annual Fund dollars are used exclusively to support Taft’s operating budget. That means they pay for books in the library; soccer balls, hockey pucks, and baseball bats; a favorite teachers’ salary; paint brushes, pianos and pottery clay; petri dishes in the chemistry lab, and microscopes for biology; the budget for The Papyrus; the cost of a DJ for a Saturday night dance; and much, much more.
Tax-deductible Annual Fund giving corresponds with Taft’s fiscal year, not the calendar year. That is, the Annual Fund campaign opens on July 1 of each year and ends on June 30 of the following year. Nearly 10% of the school’s total operating budget came from Annual Fund giving last year.
Being an independent school means that we are a nonprofit organization, operating without financial support from local or federal taxes. We rely on tuition income, annual fund income, and endowment income to support the day-to-day operation of our school—which comes with a price tag of nearly 50 million dollars each year. Our tuition, which aligns closely with that charged by our peer schools, covers only about 68 percent of what it costs to educate each Taft student. The Annual Fund helps bridge that gap. Taft's current students are the most direct and immediate beneficiaries of all Annual Fund gifts.
Parent support at Taft not only enhances the lives of each student in a direct and immediate way, but it is also one of the school's most impressive credentials. Last year, 92% of Taft parents joined in raising $1,727,813. The ringing endorsement of its parent body has become Taft's special trademark and is a critical factor in enabling the school to compete on every level with the most highly endowed schools in the nation.
Rhino Club: $250 for young alumni through 10th reunion
1890 Society: $1,890—$4,999
Red & Blue Society: $5,000—$9,999
Non ut Sibi Society: $10,000—$24,999
Winifred T. Taft Society: $25,000—$49,999
Horace D. Taft Society: $50,000—$99,999
Headmaster's Circle: $100,000 and above
Taft parents and friends came out in force to make our 2017 Day of Giving a success.
In the spirit of fiscal and environmental stewardship, we no longer print and mail the annual donor report. For your privacy, our online report is password protected; the password has been mailed to alumni, parents, grandparents, and friends of the school. Questions? Call the Alumni Office at 860.945.7900.