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 and events. Like all independent schools, Summit must raise additional funds beyond tuition revenue to balance the budget and provide for the future. Even families who pay full tuition receive a subsidy of approximately $2,300 annually toward their childâ€™s education. Your financial support to The Summit Fund allows the school to continue to provide a first-rate education for students while keeping tuition increases under control.
Within a school year you will have many opportunities to give. Your participation is essential to the success of our community.
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 SUMMITâ€™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 schoolâ€™s educational goals and ensuring a soundly governed and financially healthy institution. Summit encourages parents to actively participate in 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.
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.
BRIDGE THE GAP SOCIETY
$20,000+ 1933 Council $10,000-$19,999 Founders’ Society $5,000-$9,999 Head’s Team $3,000-$4,999 Pioneer Circle $2,300-$2,999
$1,000-$2,299 $500-$999 Adams Architects $250-$499 Summit Supporters up to $249 Collegiate Honors Alumni in College Eagles’ Nest Alumni in High School
Summit is a strong school today because past families planned and contributed to 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.
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 currently valued at $14.8 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 firstname.lastname@example.org.
COMMITTEES Back to School Bash
PA Office Support
School Store - The Nest
The Summit Fund
2019-2020 PARENTS’ ASSOCIATION OFFICERS President President-Elect Secretary Treasurer Assistant Treasurer Nominating
Kristen Zaks Claire Calvin Katie Thompson Catherine Webster Catherine Davis Hornaday ’97 Robin Pfefferkorn
PARENT CHECKLIST FOR GIVING AND GETTING INVOLVED 2019-2020 Join a Parents’ Association Committee
New Parent Social
Parents’ Association Back to School Coffee
9th Grade Parents’ Breakfast
Contribute to The Summit Fund
8th Grade Parents’ Breakfast
5th Grade Parents’ Night
Back to School Bash (Family Event)
Eaglets/JrK/K Parents’ Night
1 - 4 Grade Parents’ Night
Week of Giving 6 & 7 Grade Parents’ Night th
Parents’ Association Fall Meeting Book Fair Roots & Reach Information Breakfast Contribute to the Roots & Reach Campaign Parents’ Association Spring Meeting Return re-enrollment contracts to Admissions Office Head’s Team Reception
September 23 - 27 September 26 October 4 October 21 - 25 January February February 21 February 24 - March 6 March 5
Lower School Special Persons’ Day
May Frolics (Family Event)
To make a gift, volunteer, or get more information, please contact the development office at (336) 724-5811 or visit summitschool.com/give.