A GUIDE TO GIVING AND GETTING INVOLVED
FINANCIAL OVERVIEW Summit is committed to prudent financial planning. As an independent school, Summit receives no financial support from federal, state, or local governments. The sole sources of revenue are tuition, charitable gifts, income from invested reserves, and proceeds from special activities. Like all independent schools, Summit must raise additional funds beyond tuition revenue to balance the budget and provide for the future.
We understand that within a school year you will be given many opportunities to give. Your participation is essential to the success of our community. HOW YOUR INVESTMENT SUPPORTS SUMMIT Endowment Bus/Foodservice/Books Auxiliary Programs
Financial Aid 5%
The Summit Fund
5% 4%
4% 8%
State-of-the-Art Facilities 9% Other Programs
5% 5%
Administrative 82% Tuition & Fees
73% Exceptional Educators & Innovative Programming
Educating a child requires an exceptional faculty, a curriculum that develops fluency, creativity and competency, and the generous involvement of parents. A GENEROUS COMMUNITY SUPPORTS SUMMIT’S MISSION Since its founding in 1933, each Summit School family has played an important role in the school community. Summit parents share the responsibilities of meeting the school’s educational goals and ensuring a soundly governed and financially healthy institution. Summit encourages parents to actively participate in the daily school life and provide financial support beyond tuition. Through volunteer opportunities, special events, and fundraising efforts, the school provides a variety of ways to become involved. Parents volunteer in classrooms and also attend conferences, athletic events, plays, and musicals.
GIVING OPPORTUNITIES THE SUMMIT FUND The Summit Fund is the primary way for alumni, parents, grandparents, past parents, and friends to support the annual operations of our school. By giving, you help Summit take advantage of mission-driven, real-time innovations that keep a Summit education dynamic – both in and out of the classroom. These are direct benefits to our students right now and enhance their lives on Summit’s campus every day. Annual participation is strongly encouraged. Summit Stars
Lewis Legends
1933 Council
Adams Architects
$20,000+ $10,000-$19,999 Founders’ Society $5,000-$9,999 Head’s Team $3,000-$4,999 Pioneer Circle $2,300-$2,999 Futrell Friends $1,000-$2,299
$500-$999 $250-$499 Summit Supporters up to $249 Collegiate Honors Eagles’ Nest
Summit is a strong school today because past families planned and gave to support its capital growth. Current Summit students benefit directly from the investments made in our plant and facilities by generations of families before us. Current families are asked to participate at least once during their time at Summit.
Alumni in College Alumni in High School
Summit’s planned giving society, Patrons for Tomorrow, was established to recognize those who have made provisions for a planned gift to Summit School. There are many ways you can leave a lasting legacy and ensure that Summit remains strong for generations to come.
INVESTED RESERVES (ENDOWMENT) Invested Reserves, also called endowment, help fund the costs of school programs. These funds enable Summit to respond quickly to needs and keep the school innovative. Started in 1959, the endowment is $14.1 million, which has been built by gifts from generous donors. MATCHING GIFTS Make your gift go twice as far! Matching gifts from your employer are a great way to leverage additional dollars to support Summit. Please check with your company to see if they offer matching gifts, or let us know if we can assist you with this process. Remember that gifts from spouses and retirees may also be eligible.
GETTING INVOLVED PARENTS’ ASSOCIATION The Parents’ Association (PA) is a group of parents who volunteer their time to coordinate enrichment and fundraising activities that directly benefit Summit students. The Parents’ Association, led by officers and committee chairs, enlists other parents’ help throughout the year to raise funds that provide assistance to classroom teachers and staff. For more information or to get involved, email sspa@summitmail.org. COMMITTEES Back to School Bash Book Fair Costume Room Ea$y Money Gala Gardening
Graduation Gratitude Gift Hospitality Library May Frolics New Families
Parents’ Advisory PA Office Support School Pictures School Store The Summit Fund US Athletic Liaisons
2016-2017 PARENTS’ ASSOCIATION OFFICERS President President-Elect Secretary Treasurer Assistant Treasurer Nominating
Kate Michalek Amy Morrow Tracy Arne Tonya Deem Kristen Zaks Kristie Blanco
PARENT CHECKLIST FOR GIVING AND GETTING INVOLVED 2016-2017 Join a Parents’ Association Committee Back to School Bash Contribute to The Summit Fund
August September 9, 2016 September
JrK/K Parents’ Night
September 13, 2016
Lower School Parents’ Night
September 15, 2016
Upper School Parents’ Night
September 22, 2016
Founders’ Day & Week of Giving
September 26, 2016
Inspiring Learning
September 27, 2016
New Family Cocktail Party Roots & Reach Information Breakfasts Contribute to the Roots & Reach Campaign Patrons for Tomorrow Reception & Info Session Return re-enrollment contracts to Admissions Office Attend the PA Gala: Sequins and Bow Ties Inspiring Learning May Frolics
October 13, 2016 February 7 & 9, 2017 February February 16, 2017 February 15 - March 3, 2017 March 25, 2017 April 25, 2017 May 5, 2017
To make a gift, volunteer, or get more information, please contact the development office at (336) 724-5811 or visit summitschool.com/give.