Annual Giving provides GFS with the working capital to support the daily functions of the school. Everything from tuition to faculty salaries to maintenance expenses are supported by the Annual Giving program.
Support comes from all constituencies at GFS—alumni, current parents, parents of alumni, faculty and staff, grandparents, and friends. All of these individuals recognize that at GFS, like all independent schools, tuition alone cannot meet the expenses of our operating budget.
The Annual Fund touches every aspect of our school and helps maintain the academic excellence for which we are known.
FAQs about the Annual Fund
What is Annual Giving?
Annual Giving is GFS’s top annual fundraising priority. The funds raised are unrestricted, and comprise about 4% of the school’s current operating budget. Each year, all members of our community (parents, faculty, staff, School Committee members, alumni, grandparents, and friends) are asked to make a tax-deductible gift to the GFS Annual Fund. The money raised through Annual Giving ensures GFS has the necessary resources (faculty, facilities, financial aid, technology, and program support) to sustain the wonderful educational experience that we value so deeply.
Do all independent schools fundraise?
Yes, all independent schools fundraise. Tuition is the "price tag" for an independent school education, but it is not the true cost.
Why is Annual Giving so important? What does it fund?
Tuition covers about 90 percent of the school’s annual budget; Annual Giving impacts every part of our community—faculty and staff recruitment and retention, academic programming, technology, athletics, visual and performing arts and music, the socioeconomic diversity of our community, and more.
Why doesn’t GFS simply raise tuition to cover the true cost of a GFS education?
GFS endeavors to maintain tuition rates that are comparable with peer schools and kept at a level that makes an independent school education possible for a wide scope of families with varying economic circumstances.
How much am I expected to give?
We ask that you contribute at a level that is personally meaningful and that makes sense for your family. Your gift at any level is greatly valued and makes an impact at GFS.
Is my gift tax-deductible?
Yes, Annual Giving donations are tax-deductible.
May I set up a monthly, recurring gift to maximize my family’s contribution?
Why is my participation so important?
Your gift is a powerful vote of confidence in the school and its mission. In addition, high Annual Fund participation is a benchmark used by foundations and outside funders when deciding which of the many worthwhile schools will receive their financial support.
Created in support of our Annual Fund appeal, this video by GFS students Thomas Shaw '20, Ben Rosin '20, and Matthew Flynn '19 shines light on how GFS inspires students to be critical thinkers, stewards, and engaged community members.
On February 14, 2019, we hosted our inaugural Giving Day. We started with a modest goal of 200 donors, and ended with more than 500 donations and a total raised of over $200,000!
We were delighted by our community's demonstration of stewardship, enthusiasm, and goodwill.