Annual Fund FAQ
1. My family already pays tuition, why is a gift to the Hammond Annual Fund needed as well?
It is a reality not just at Hammond but at all independent schools; tuition alone cannot fund the entire cost of a private education. Because tuition only covers 86% of the school's operating costs, Hammond is dependent upon unrestricted Annual Fund contributions to help close the gap between tuition and the true cost of a Hammond education each year. Your voluntary, tax-deductible support helps Hammond address it's highest priorities and immediate needs within the current school year's operating budget.
2. How does the Hammond Annual Fund benefit my child and my family?
Every dollar contributed to the Hammond Annual Fund is used to provide for the outstanding faculty, programs and facilities that directly benefit your student every day.
Specifically, gifts to the Annual Fund help Hammond:
Ensure that faculty salaries remain competitive so that we can retain the finest teachers, coaches, and staff. They also work to provide professional development opportunities so that faculty and staff gain new knowledge and skills in their area of expertise.
Integrate state-of-the-art technology and new curriculum materials into our classrooms and libraries.
Provide the resources needed to sustain and enhance our high quality academic, arts and athletic programs.
3. You stress the need for a high level of participation in the Hammond Annual Fund, especially among parents. Why is this so critical?
High participation rates among members of the Hammond community are a vote of confidence - a sign that our parents and others invest in our students' future and support the shcool's mission. This percentage has a direct impact on gifts from outside sources such as grant-making foundations and capital donors. High rates of participation are required by foundations before they will consider our grant requests.
4. How much of a difference can my gift make, really?
Hammond School has fewer supporters than a large university or charity. But our needs are just as great, so every gift counts more. That's why we ask every member of the Hammond community - including our Board of Trustees, parents, faculty and staff, alumni, grandparents, parents of alumni, and friends - to make a yearly gift to the Annual Fund.
The culture of philanthropy at Hammond - both past and present - allows your child to benefit from an engaging educational experience within an intimately scaled, caring and diverse community where opportunities abound and meaningful relationships inspire transformative learning.
5. How much should my family contribute?
We ask that everyone in our Hammond community give at the level that is right for their family. Gifts at all levels - from the Leadership Society to the Supporter Level - are greatly valued and deeply appreciated.