Bosque School of Albuqueque, New Mexico
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Annual Giving

 

Annual Fund Updates    •     Annual Fund Giving Form    •     Donate Now

 

2007-2008

 

The Bosque School Annual Fund is the yearly appeal for donations to support the current operations of the school.  While tuition covers nearly 95% of the costs to educate a student, it is the annual giving that makes up for the extra 5%. The Board of Trustees and the administration are committed to keeping the tuition costs down and working to grow the annual giving to cover the additional costs associated with educating each student. Annual Giving dollars bridge the gap between tuition income and operating expenses.

 

Operating expenses include teachers’ salaries and professional development, educational materials (equipment, supplies, and technology), the Bosque Ecosystem Monitoring Program (BEMP), the financial aid program, and facilities/maintenance.  A small portion of the operating budget is also made up by the school’s young endowment income.  As you know operating expenses continue to rise each year, thus increasing the need to build a stronger annual giving program.

 

Another important aspect of the program is reporting to foundations to receive grants for the school. Many foundations evaluate the commitment level of our constituencies based on the annual giving records. Participation by every parent, grandparent, alumni, faculty/staff, and our friends in the community is as important as the amount of the gift. Any size gift will make a difference and boost participation levels to garner more foundation money for the school.

 

Why doesn’t Bosque School just raise tuition to cover these extra expenses?

  • To ensure that a Bosque School education is accessible to a diverse population.

  • Encourage more socio-economic diversity through financial aid programs. The annual fund contributed $150,000 towards the financial aid disbursement in the 07-08 school year.

  • More tax benefits for families. All gifts to the Annual Fund are tax deductible, tuition payments are not.

 

Why can’t Bosque lower the operating budget to reduce the revenue shortfall?

The largest portion of the operating budget is salaries, benefits, and professional development, approximately 67%. To maintain and recruit exemplary faculty, Bosque School must be able to compete at the local and national level with other educational institutions.  Other significant costs along with financial aid include the maintenance of the School’s physical plant and grounds.

 

Who Gives to the Annual Fund?

In the 2006-2007 school year, the community contributed $281,105 towards the annual fund.  The giving was broken down by these constituencies:

 

For more information on Annual Giving please contact:

Marisa Gay, Director of Annual Fund Programs at mgay@bosqueschool.org or (505) 898-6388, ext. 170

 

Download Annual Fund Donor Form

 

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