Annual Fund FAQ's

List of 18 frequently asked questions.

  • When can I expect to be asked for a contribution to the Annual Fund?

    In August and September, parents will receive electronic messages and printed materials explaining the importance of the Annual Fund. We hope that you will send your contribution at that time.

    About one month later, committed volunteer parents on the Annual Fund Leadership Team will make follow-up calls to answer any questions you may have and to encourage your participation in the Annual Fund campaign. These parents are critical to the success of this effort and can be of great help as you decide your level of giving.
  • How can I give a gift of securities?

    The first step is to call the Saint Andrew's School Development Office at 561.210.2063 to notify us of your intentions or complete a Securities Transfer Sheet. To ensure that the transaction is processed in a timely and efficient manner, please provide a description of the stock to be transferred, the approximate delivery date, and the desired purpose of the gift.

    There are three standard methods of delivery:

    (1) Through a broker
    The most common method of delivery is through a brokerage house via DTC transfer. This electronic method transfers the stock from your account to an account in the name of Saint Andrew's School. Our account is held at Merrill Lynch. The delivery instructions are as follows:

    Merrill Lynch account number 731-04022
    DTC# 5198
    Our tax ID# is 59-0942383

    As a donor must not direct the broker to sell the stock for Saint Andrew's. Stock sold by a donor for Saint Andrew's School is treated as a cash gift and would expose the donor to capital gains tax liability.

    (2) By mail:
    If you have the certificate in your possession, you may mail the certificate by either certified mail or an overnight service. Mail the unendorsed certificate to:

    Development Office
    Saint Andrew's School
    3900 Jog Road
    Boca Raton, FL 33434

    Include a disclaimer letter stating the disposition of the gift. For example: "The enclosed certificate represents my contribution to Saint Andrew's School for the Annual Fund."

    In a separate envelope, mail a signed, blank stock power form, with your signature as it appears on the certificate. Stock power forms may be obtained from a bank, a brokerage firm, or Saint Andrew's School. Include also a copy of your disclaimer letter.

    If the certificate represents more shares than you intend to give, include written instructions for Saint Andrew's School to keep a specified number of shares and to reissue remaining shares in your name.
    If you are reissuing a certificate, please issue in the name of Saint Andrew’s School of Boca Raton, Inc

    (3) By hand:
    If you deliver the stock by hand, you may either endorse the back of the stock certificate(s) in our presence or sign a stock power.
     
  • How can I make a wire transfer to the school?

    Wire to:
    BankUnited
    Miami Lakes
    , Florida
    US accounts:
    ABA #267090594
    International accounts:
    Swift ID #: BUFB US 3M
    For credit to:
    Saint Andrew’s School
    Account #:
    9853260443
    Reference:
    Saint Andrew’s School Annual Fund
     
  • What about my company's Matching Gift Program? Does Saint Andrew's help with that?

    Certainly! While we ask that you supply the necessary form, we will be happy to handle all the details of processing.

    You may be able to double or even triple your gift with a Matching Gift from your employer or your spouse's employer.

    Learn more about your employer's matching gift program.
  • Is my gift tax deductible?

    Saint Andrew's is a registered 501 (c) 3 nonprofit organization, therefore your gift is tax deductible to the full extent as determined by IRS regulations. A letter will be provided acknowledging your gift, and this letter will be your receipt for tax purposes.

    Donors who make gifts to Saint Andrew's before December 31, 2014, will be eligible for a deduction this tax year. Stocks must be transferred and mail must be postmarked by December 31 in order to receive tax credit for 2014.
     
  • When is the Saint Andrew's fiscal year?

    Our fiscal year begins on July 1 and ends on June 30. However, gifts made before December 31 are especially helpful in allowing us to plan the year's programs with confidence. All gifts made to the Annual Fund are used within the fiscal year they are given.
  • Can I make a pledge and pay it later?

    Yes. The Development office will send out periodic reminders.

    You can choose to pay your Annual Fund pledge in full or with installments during the fiscal year. Pledge payment by June 30, 2015, will ensure recognition in the 2014-2015 Saint Andrew's School Annual Report.
  • Can I donate something other than cash?

    Saint Andrew's accepts gifts of stock, which can be transferred electronically, and credit card donations using Visa, MasterCard, and American Express.
  • What is the A.D. and Lucy Henderson Legacy Society?

    The A.D. and Lucy Henderson Legacy Society has been established to recognize donors who include Saint Andrew's in their estate plans. Estate planning offers options to create your own legacy at Saint Andrew's School. By designating Saint Andrew's in your will, life insurance policy, or retirement plan, you can make a significant gift to the school while maximizing estate tax savings for your family and heirs.
  • Do you ask the foundations and businesses in town to support the school?

    Yes, we do. The school's development efforts include soliciting foundations and local businesses. For example, Saint Andrew's participates in Target: Take Charge of Education, Box Tops for Education, and Office Depot 5% Back to Schools. These programs as well as the generous contributions from corporations are ongoing parts of our fundraising efforts.
  • What is the Annual Fund?

    Since it is necessary to offset the difference between what it costs to educate a child at Saint Andrew's and revenue from tuition, we must look to charitable contributions from trustees, parents, alumni, parents of alumni, grandparents, and friends of Saint Andrew's School. By using funds raised through the Annual Fund Campaign, Saint Andrew's raises money for the school's current operating needs.

    It is important to note that independent schools across our country rely on a tradition of charitable giving to offset expenses. The Board of Trustees is committed to keeping tuition at a reasonable level; increasing gift income through the Annual Fund is one way to accomplish this task.
  • What is the Annual Fund schedule?

    In September, parents receive detailed information about the Annual Fund in the mail. We hope that you will send your contribution at that time.

    About one month later, committed volunteer parents from each grade level will make follow-up calls to answer any questions you many have and to encourage your participation in the campaign. These parents--the Annual Fund Leadership Team--are critical to the success of this effort and can be of great help as you decide your level of giving.

    All members of the school community are encouraged to show their Scots Spirit and make gifts by October 15 -- Show Your Plaid Day. Donors who contribute $1,000 or more by October 15 will be included in a drawing for a Homecoming Spirit Package, including reserved parking for Homecoming 2014.

    All gifts made by December 31, 2014, will help the school plan our year's programs with confidence, while providing the donor with a tax benefit for 2014.
  • Will you remind me of my pledge?

    Yes. Once your pledge is made to Saint Andrew's, we will send you a reminder with a postage paid envelope. After that, periodic pledge reminders will be mailed.

    You can also pay your pledge online throughout the fiscal year. The Saint Andrew's fiscal year begins annually on July 1 and ends on June 30 so it is our hope to receive your gift on or before June 30.
  • Can my gift be made anonymously?

    Yes. Every effort will be made to accommodate donor preference for recognition.
    Donations are handled with respect and with confidentiality. Please communicate your intentions for anonymity to Ronnie Bidder, Director of Donor Relations, (561) 210-2063.
  • Why are charitable gifts to Saint Andrew's so important?

    The obvious reason is to provide the financial resources that will enable Saint Andrew's continue to deliver the best possible education in mind, body, and spirit.

    Another reason is to demonstrate the commitment made by members of the Saint Andrew's community to our school. A high percentage of participation increases the likelihood of securing foundation grants and corporate funding. Last year, for example, every member of the Lower School and Middle School faculty supported the Annual Fund Campaign.

    We strive for the highest levels of participation from all of our constituents.
  • Which should I support: the Annual Fund Campaign, the school's growing endowment, or a specific building project?

    We ask that the Annual Fund Campaign be your first giving priority.

    Since gifts to the Annual Fund cover the current year's operating expenses, they have an immediate impact on a number of our school's critical areas and benefit every child, every day in the year they are given.
  • Why do you ask parents for contributions in addition to what we already send to the school in tuition and fees?

    The cost of an independent school education is such that tuition and fees do not cover the total cost of educating each student. As is the case with many other schools, our development efforts are designed to solicit charitable gifts in order to bridge the gap between income and the actual cost of operating the school, ensuring that Saint Andrew's remains truly exceptional.
  • Why doesn't the school charge enough to cover operating costs?

    If tuition were increased to cover the actual cost of all programs, many families could not afford to send their children here. This could mean a drop in our enrollment, resulting in a cut-back of our programs and steeper tuition increases in order to fund all operations, all of which would affect your child's education.

    Additionally, charitable gifts would be even more difficult to obtain given the increased cost of sending a child to the school. This would preclude our ability to finance many of the important programs and improvements made possible by charitable support.

About Us

A non-profit, independent, co-educational school for grades JK - 12, Saint Andrew's School is both a private day and boarding school located in Boca Raton, educating the best students from across Palm Beach County, Florida, the United States, and throughout the world in the Episcopal tradition.
Copyright © 2016 - Saint Andrew’s School