Red & Gray Magazine: Focus on Service Learning - The Fessenden ...

Fessenden’s Annual Fund HelpsBring Out the Best in Boys“FESSENDEN UNDERSTANDSMY SON—HE’S GROWING ANDLEARNING AND THAT’S WHYWE GIVE TO THE ANNUALFUND.” – Fessenden ParentAnnual Fund Ahead of Last Year2009-10 Annual Fund Highlightsas of March 31, 2010:Goal: $1,400,000$1,258,000 in cash and pledges:an increase of $111,000 from last year900 donors: an increase of 7%$1,017,000 in <strong>Red</strong> & <strong>Gray</strong> Societyleadership giving: an increase of 9%37% of parents have increased theirgifts304 alumni donors: a 14% increasefrom last yearYear after year, members of the Fessenden community provide philanthropic support toenhance the School’s faculty, students and programs. Crucial to preserving and strengtheningthe unique quality of a Fessenden education is the ongoing generosity and participation of ourparents, alumni, grandparents and friends in the Annual Fund. Most importantly, the AnnualFund helps to support the faculty’s passion for bringing out the best in boys. Each gift is avote of confidence in our people and programs. Thank you.If you have made a gift or pledge to the 2009-10 Annual Fund, thank you. If you would liketo make a gift, you may do so online at www.fessenden.org or you may contact HenryLapham, the Associate Director of Institutional Advancement, at hlapham@fessenden.orgor 617-630-2310.Why is the Annual Fund So ImportantVoluntary gifts received from Fessenden families, alumni, and friends represent approximately10% of the School’s net revenue. Tuition alone does not cover the cost of educating aFessenden student, and total tuition dollars represent 74% of the operating budget. Thebalance is met through a combination of annual giving, endowment income, and revenuefrom auxiliary programs.How are Annual Fund Dollars Spent?FACULTY COMPENSATION—The Board of Trustees is committed to enhancing salary andbenefits for the School’s faculty and staff, the largest single component of the operatingbudget. This strategic priority will allow Fessenden to continue to attract and retain thebest possible faculty who understand and are committed to all-boys education.PROFESSIONAL DEVELOPMENT—The School provides funds for professional growthopportunities every year so that teachers can benefit from practical experiences relating totheir disciplines. Projects funded in recent years include advanced coursework, travel, andattendance in a variety of conferences and workshops from math and writing skills todiversity awareness.SCHOLARSHIP—The Board of Trustees and administration believe that the entire Schoolcommunity is enriched when Fessenden provides financial assistance to students who benefitfrom and contribute to the life of the School regardless of their families’ financial circumstances.The Annual Fund helps make it possible for Fessenden to maximize the financialaid budget in order to meet the needs of incoming families, returning families and thosefamilies whose financial situations change while their sons are attending the School.THANK YOU FOR YOUR GENEROSITY AND PARTICIPATION!36 w w w . f e s s e n d e n . o r g