A Tale of Two Funds
Annual parent and alumni support is critical to providing approximately 12% of the funding for the school’s yearly operations. This financial supplement represents the margin of excellence that sets Deerfield apart from its peers. Within annual parent fundraising there are two funds — the Parent Annual Fund and the Senior Class Gift Fund.
Deerfield asks parents of the freshman, sophomore, and junior classes to consider making gifts to the Parent Annual Fund. These gifts represent resources that directly affect the quality and depth of Deerfield’s programs, faculty and facilities. Specifically, money provided by parent giving supports professional growth opportunities for faculty, an improved faculty to student ratio and enhanced student support services. This year a special initiative of the DPN is to provide support for those parents of full scholarship students who find it financially difficult to travel to Deerfield for Parents Weekends. This year’s overall Parent Annual Fund target is $1.5 million.
Senior parents are asked to give collectively towards a capital project or endowment in honor of the graduating class. For the Class of 2013, that project is a new Center for the Arts in the Memorial Building. The core elements of the project include the complete renovation and expansion of the large auditorium and lobby, the construction of a 1,210 square-foot art gallery on the west side of the building, and a new 160-seat concert hall on the east side. In combination with past Senior Class Gifts that have funded the Greer Store, new fitness center, and an upgraded and expanded dining hall, this project represents the completion of a seven-year program to upgrade the Academy’s core community spaces. We hope that contributions from senior families will approach $2.5 million.
It is our sincere hope that all parents consider making a gift to one of these funds. Deerfield is fortunate to have a strong tradition of family participation — ranking high among its peer schools. While some families contribute $100,000 or more, most give $250 or less. The Academy is grateful for all levels of support.
Two funds. Two incredibly important ways for parents to play a vital role in Deerfield’s current and future development. Please contact Scott, Marc or Bill Barry if we can provide additional information.
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