- How much should I give?
- How are donations to King’s Academy used?
- What are endowed funds?
- Why are unrestricted gifts important?
- Can I decide how my gift to King’s Academy is used?
- Can my company donate to King’s Academy?
- Can my gift be anonymous?
- Can I establish a scholarship?
- How do I make a gift?
- Is my gift tax deductible?
- How can I get more involved in development at King's?
- Who can I contact for more information about giving?
Every single dollar of charitable donations to King’s Academy goes toward the purpose designated by the donor, whether to scholarship support, maintaining facilities, or any other area. The school never takes administrative fees or processing costs out of gifts to the school.
Most gifts to King's Academy are used as current support, meaning they are spendable contributions that are factored into the school's operating costs. These gifts provide immediate relief to our budget and are essential to maintaining the daily operations of the school. Gifts of at least US $500 can be designated to the general endowment, meaning that they are invested and the income is used to support the school in perpetuity.
Endowed funds can be established with a minimum gift of US $100,000. This creates a fund under the name of the donor (or in honor or memory of a family member or loved one). The income from this fund – typically 5 percent of the fund’s principal – will go each year toward the fund’s designation. Endowed funds support the school in perpetuity, creating a lasting connection between the donor and King’s Academy.
Most endowed funds are designated to scholarships or faculty positions, although they can be directed to any number of areas of need. Endowed gifts of less than US $100,000 are used to build the principal for the school’s general endowment.
Unrestricted giving is the most vital area of need for any non-profit institution, King’s Academy included. When you specify that your gift is unrestricted, you direct your support to the areas of greatest need at the school. This gives us crucial budget flexibility when it comes to taking advantage of opportunities that arise throughout the school year.
King’s Academy welcomes gifts from corporations and foundations. If you would like more information about corporate giving, or if you would like to donate through a corporation or foundation, please contact the Advancement Office.
Yes. There is a long tradition of anonymous giving at King’s Academy. If you are using the online form, please be sure to check the box indicating your preference to remain anonymous. Your name will be provided to the Development Office, but will never appear in publications and will remain confidential.
Yes. Scholarships can be established through annual spendable contributions covering the cost of a student’s tuition or by founding an endowment fund, the income from which will go to supporting students. Donors who fund named scholarships in this way receive periodic reports on their scholar’s progress and have the opportunity to meet the beneficiary of their generosity. If you would like to make a pledge to establish a named scholarship, please contact the Advancement Office.
King’s Academy accepts gifts through wire transfer, check, credit card or cash. Click on the Donate Now button to find instructions on how to complete a wire transfer, fill out a check or make a contribution through credit card. Cash is accepted in person at the Development Office on campus only.
In addition to making an annual contribution, you are encouraged to volunteer for other King’s Academy development projects. The King’s Academy Parent Council coordinates parent giving and has members from all grade levels. In the coming years, King’s Academy will launch an Alumni Council to encourage alumni giving. If you are interested in volunteering for fundraising, please contact the Advancement Office.