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The Council For Aid To Education's report on the Voluntary Support of Education for 2000 indicates that contributions to private schools fell. This was largely due to a weaker stock market. Nevertheless the figures are encouraging. A 2.3% drop in givings is but a small fraction of the huge losses which most have felt in stock prices since the spring of 2000.
$1.12 billion in Gifts
285 private schools participating
in the 2000 survey reported contributions totaling approximately $1,115,626,313
million dollars. There were approximately 29,450 private K12 schools in
the U.S. at the end of 2000, so one can only imagine what the total amount
given to all schools actually was. 66 boarding and boarding/day schools
responding to the CAE survey reported average gross contributions of $6,915,987
- VSE Report 2000 (Table
17)
Parental Support Increases
Despite a lagging economy parental
support of the core group of private schools increased an impressive 28%.
- VSE
Report 2000 (Table 3)
255 independent schools reported
average per student endowments of $55,565 - VSE
Report 2000 (Table 24)
Support for Current Operations
and Capital Purposes Also Increases
Giving for both categories increased
28%. Some 225 schools reported average givings of $4,290, 870 - VSE
Report 2000 (Table 4)
Do Your Part!
CAE's site is an extremely useful
one. So much data is available there to help you and your development officers
do their job. There is one thing which you can do to help CAE: make sure
that you participate in the 2001 survey when it appears. The more participation
in the survey, the better the data becomes. The better the data becomes,
the more compelling is the case which you can put forward. I ask any trustees
and heads reading this piece to ensure that your school participates in
2001!
Have you sent your school a gift this year? Be sure to send what you can afford. The need is real! Do it now!
Tell us how you feel about this topic! Express yourself in the Private Schools Forum.
--Rob Kennedy, Private Schools Guide
