What is the Annual Fund?
The Annual Fund is the Academy’s annual giving campaign that raises critical philanthropic dollars to support the operations of the School immediately. It is Berwick’s number one fundraising priority.
Why is the Annual Fund necessary?
As a nonprofit, independent day school, Berwick develops its own program and curriculum. This means that the School operates without the financial support from the federal or state government agencies and is self-governed by a Board of Trustees. Unlike public schools, which are funded by tax dollars, independent schools rely solely upon tuition revenues and philanthropic gifts to meet operating and capital expenses.
The Annual Fund bridges the gap between tuition and what it actually costs to educate each Berwick student. Tuition only covers 87% of the actual cost of the Berwick experience for each child. The Annual Fund enables Berwick Academy to provide an exceptional learning experience for each student. We look to our alumni, parents, and friends to help offset the cost associated with the high quality education that Berwick Academy provides.
Doesn’t tuition cover everything?
Not entirely. Like most independent schools, tuition at Berwick only covers a portion of the cost to educate each child. The two major sources of income for the School are 1) tuition, and 2) the Annual Fund. These philanthropic investments from the Annual Fund play a critical factor ensuring that we have a balanced budget every year and helps keep tuition costs as low as possible.
Why not raise tuition?
We strongly believe that a diverse and rich body of students is part of the overall Berwick experience. The School could not charge the full cost without limiting the number of qualified students who could afford to attend.
In addition, donations to the Annual Fund are fully tax-deductible, while tuition is not. Your donation, therefore, benefits you more than simply raising tuition.
Berwick’s tradition of charitable giving began when the Chadbourne family created a land grant to establish the Academy in 1791. Today, Berwick is fortunate to have a beautiful campus consisting of over 80 acres and an investment portfolio valued at approximately $15.5 million. Like most independent schools, the Annual Fund relies on the commitment, generosity, and enthusiasm of parents, grandparents, alumni, parents of alumni, faculty, staff and friends. Contributions to the Annual Fund make a dramatic and direct impact on students and faculty as it provides crucial revenue in areas where the need is greatest each year. The tradition of giving at Berwick is storied and strong. Each generation has played its part to ensure that future generations of talented students from the Seacoast are able to obtain an exceptional education from a premier institution. Simply put, donations are a gesture of pride and a continuation of a history of support and generosity.
I give at the auction and/or support the Golf Tournament. Why should I also give to the Annual Fund?
We recognize that there are opportunities to support the School in addition to the Annual Fund, and we appreciate participation in all of them. While School fundraising events are important in providing for expenses outside of the operating budget, the Annual Fund is the School’s only fundraising effort where every dime of your donation goes to support annual budgeted items – everything from teachers’ salaries to paper for the copiers. . Additionally, the Annual Fund is 100% tax deductible so every penny goes directly to your child’s experience. We hope that you participate in special events such as the Community Benefit and of the Athletic Boosters Golf event, but we ask that you make giving to the Annual Fund your first priority.
Why is my participation important?
The School’s financial strength is dependent upon the participation of all members of its constituency. Your participation generates enthusiasm and encourages others to join you in supporting the School. It also makes a difference each and every day in each and every facet of our student’s experience.
The impact of your participation is valued beyond the dollars. Not only is it a statement to the Seacoast community at large about how happy parents are with the experience for their children, but it is also a telling sign of institutional health as we seek outside grants from foundations.
How are monies raised through the Annual Fund spent?
Supporting the Annual Fund allows a very good school to become a great one with better programs, facilities and resources.
Your donation to the Annual Fund benefits every facet of the Academy experience:
excellence in our academic program
caring and well-qualified teachers
technology and innovation
How are donations made?
Donations can be made with cash, check, or credit card. They may be pledged monthly, quarterly or in one single payment. Learn more about Berwick's Recurring Gifts Program
online. Gifts can be made securely online at www.berwickacademy.org/giving
. Additionally, a gift of securities can be made by calling the Advancement Office at 207-384-2309. Gifts of appreciated securities provide you with a tax deduction for the appreciated value of the stock without incurring capital gains tax. The Annual Fund runs on the School's fiscal year calendar starting on July 1 and closing on June 30.
Can I use my employer’s gift matching program?
Yes. You have the potential to double (and sometimes triple!) your donation through your employer’s matching gift program. Check with your employer to see if such a program is in place where you work or you may check our website to see if your employer has a matching gifts program by clicking here.
You choose. You may designate your donation to one of the areas below that matters most to you:
Arts: Your gift will support the fine arts department, the enhancement of art equipment and resources, and help bring talented visiting artists to Berwick.
Athletics: Berwick’s athletic program provides important opportunities for our students’ personal growth and achievement. Your gift helps pay for team uniforms, equipment, and travel expenses.
Faculty: Your donation will enable the School to recruit and retain the best teachers while ensuring competitive compensation, excellent benefits, and opportunities for personal growth.
Financial Aid: Berwick is committed to providing a diverse student body. Your donation will help the School offer need-based tuition assistance to outstanding students around the Seacoast.
Technology and Innovation: Technology plays an increasingly vital role in the lives of our students. Contributions help support faculty and staff training, hardware and software upgrades, and the improvement and security of our network.
Where the School needs it the most: You may make an undesignated gift to the Annual Fund, allowing the school to direct your gift to the area in which it will have the most immediate impact and provide broad-based support for the operating budget.
*All Annual Fund gifts are unrestricted and will go to the budget relieving area designated by each donor. Any overflow of the gift will go to Berwick's highest priorities.