DAVE & CHERYL DUFFIELD DONATION MATCH

Last school year, longtime LTS parents and supporters Dave and Cheryl Duffield graciously offered a triple challenge match for donations to our school. If, as a school community, we were able to raise a total of $3M by the last day of schoolJune 16, 2022 - the Duffields offered to match each dollar raised, three to one, for an additional $9M. This triple match challenge included all donations made to both our Annual Fund and our Gala. Such gifts are rare in the life of most independent schools, and we are greatly appreciative of the Duffield’s continued generosity and support of LTS.

Through this act of generosity, Lake Tahoe School can now address many Strategic Plan and Capital Campaign goals. In addition, the total $12M provides necessary monies for various campus-wide expenditures and maintenance projects. The list below includes a few of the projects we have been able to prioritize as a result of the Dave and Cheryl Duffield donation.

• Paid off the school’s mortage, allowing us to be debt-free and significantly lessening the pressure on our yearly operating budget.

• Modernize our classrooms with new technology.

• Renovation and remodeling of student spaces.

• Addressed long-deferred maintenance matters.

• Set aside funds for future endowments in tuition assistance, faculty professional development, and general operations.

• Construction of a new music room.

• Construction of a new library.

• Construction of a new middle school classroom.

On behalf of the Board of Trustees, our faculty and staff, and most importantly, our students, we thank each of you for your generous gifts to Lake Tahoe School. Your participation in this once-in-a-lifetime opportunity will help Lake Tahoe School continue to be the best school in our region and beyond. We could not have made this happen without you.

Annual Fund

2021-2022