It is important that every member of our school family participate in periodic capital campaigns while also making a gift each year to Mill Springs' Annual Fund. Below are some frequently asked questions about the difference between Annual and Capital giving and the importance of giving to both.
- What is the difference between Annual Gifts and Capital Gifts?
- Is my gift important?
- How often will I be asked to give?
- What are MSA's Annual Fund and Capital Campaign goals?
- What are the school's Fundraising Principles & Standards?
To MSA, the Annual Fund is similar to your own checking account and is used for general operating expenses such as heating and lighting. The Annual Fund is also used to enhance our schools curriculum (i.e.: the Fine Arts and programs) and enables the school to attract outstanding teachers and slow the rate of tuition growth. Each year the funds collected are used during the school year in which they were donated and are critical to maintaining the daily operations of the school.
In contrast, capital gifts are similar to your savings account and are used for special building projects which do not fall into the annual budget (i.e.: the building of classroom facilities or other major expenses such as the need for a new roof). Typically capital gifts are significantly larger in amount than annual fund donations and most often involve consulting one's spouse, accountant, or financial planner. Due to the size of capital gifts, they are usually paid out over a period of three to five years.
Fundraising Principles and Standards
These principles and standards were developed to protect Mill Springs Academy, its mission and our donors. They are for organizations and individuals who conduct, direct, or participate in the practice of generating philanthropic support for Mill Springs Academy.
- All fundraisers must be approved by Mill Springs' Development Office in the spring prior to the school year in which they are planned to be carried out.
- Fundraisers can only be performed by Mill Springs Development Office and/or recognized school clubs, curricular clubs, and parent organizations.
- School employees or parent groups may not ask students for funds for gifts for individuals.
- No outside organizations of any sort may solicit contributions of any type from students, within the schools.
- All solicitation and communication materials should be submitted to the MSA Development Director and Communications Director for approval prior to their use (including but not limited to promotional pieces, fliers, letters, invitations, and website copy/designs).
- Those engaged in fundraising for the school may not participate in activities that harm the school and its mission or disparage in any way a member of the MSA Staff, Faculty, and/or its various constituent groups.
- Those engaged in fundraising for the school must adhere to the spirit as well as the letter of all applicable state, local, and federal civil and criminal laws.
- Those engaged in fundraising for the school shall take care to ensure that contributions are used in accordance with donors' intentions.
- All donor and prospect information including but not limited to contact information and giving history, shall not be transferred or utilized except on behalf of the school and under direct supervision by the MSA Development Office.
How to Contact the Development Office:
|Mary Ramirez||Leila Smith|
as of 8/22/2013