As an independent school, Redwood Day does not receive financial support from federal, state or local governments. Tuition and fees represent approximately 90% of the school’s operating budget. The Annual Fund provides the flexible, unrestricted financial support necessary to meet the current year’s operational priorities.
A gift is an outright financial contribution via cash, check or credit card. A pledge is a commitment of a specific amount to be paid at a later date. Pledges allow donors to plan their giving over time. For many families, practical considerations such as bonus schedules, tax planning, and other financial commitments determine the timing of giving. If that is the case for you, we hope you will consider making a commitment through a pledge today, to be fulfilled by June 30, 2019.
The School’s budget (and tuition) for the upcoming year is set in January. Receiving Annual Fund pledges and gifts by December 31 allows us to predict next year’s total financial support with confidence and set the budget accordingly.
Raising tuition would likely result in the loss of many valuable students whose families cannot afford the increase. A drop in enrollment would lead to cuts in educational programs, staff, and a less economically diverse community.
100% participation is a vote of confidence - a sign that our internal community is committed to our students, faculty, and to the mission. High Annual Fund participation is a benchmark used by foundations and outside funders when deciding whether or not to provide us with additional funding.
Redwood Day is a non-profit, 501(c)(3) corporation. For tax purposes, our tax identification number is 94-2289521. Your gifts may be deductible for income tax purposes. Please consult a qualified tax professional for more information.