All about the Annual Fund
RMS Annual Fund – Imagine the Possibilities
The Annual Fund is RMS’s most essential fundraising effort and involves all members of the community. It provides the vital difference between what is ordinary and what is extraordinary about the RMS experience. Its impact touches all aspects of our exceptional program, providing resources and opportunities that would not otherwise be possible. We ask our school community to consider RMS a top philanthropic priority by giving loyally and generously to the School. Support of the Annual Fund ensures that our programs continue to enrich the lives of our students and faculty.
Why it Matters
The Annual Fund is the most essential fundraising effort at any independent school and involves all members of the community. The Annual Fund ensures that RMS has the resources it needs to provide a rich, robust Montessori –centric academic program – from the classroom to the library, from technology instruction to the playing field, from the theatre stage to the art studio, from toddlers to the eighth grade. The Annual Fund supports the resources essential to the RMS program and has a direct and positive impact on every student, faculty and staff member. The annual fund provides funding to projects and programs that are beyond the scope of our tuition income and support the mission and strategic plan of Richmond Montessori School in the following areas. The theme of this year’s annual fund is Imagine the Possibilities.
Our Fiscal Year
Pledges and gifts can be made to RMS during our fiscal year, which runs from July 1- June 30. Gifts to the annual fund are tax-deductible to the full extent allowed by law.
RMS Annual Fund Giving Levels & Donor Recognition Clubs
|Maria Montessori Circle||$5,000+|
|Blue and Green Club||$500-$999|
|Wishing Woods Circle||$250-$499|
|RMS Circle||Up to $249|
RMS ADVANCEMENT FAQ’s
WHAT SPECIFICALLY DID FUNDS FROM THE 2016-17 ANNUAL FUND UNDERWRITE FOR THIS ACADEMIC YEAR?
2016-17 Annual Fund Allocations
$35,000 Tuition Assistance for the 2017-18 academic year
12% of our student population is receiving assistance this year to be able to attend RMS.
$24,500 Professional Development
To supplement the professional development line in FY 17-18 budget in support of faculty and staff professional development including training/credentialing. (As of June of 2014 AMS implemented a requirement of 50 professional development hours for faculty in accredited schools.)
$25,000 Curriculum & Instruction
To supplement and enhance classroom materials and underwrite the Middle School Model UN Program.
$18,000 General Endowment
$6,000 Visiting Scholars Program
$1,500 School Spirit
$23,000 Campus & Facilities
South Campus locations in library and seminar room refreshed and updated for the CEED
North Campus Middle School hub under the PAC renovated and updated for the CEED
Total Unrestricted Annual Fund income: 133,000
Annual Fund Distribution Breakdown
Tuition Assistance 26.3%
Curriculum & Instruction 18.8%
Professional Development 18.4%
Campus & Facilities 17.3%
General Endowment 13.5%
Visiting Scholars 4.5%
School Spirit 1.1%
MY FAMILY IS ALREADY PAYING TUITION – WHAT DOES MY CHILD GET WHEN WE MAKE FINANCIAL CONTRIBUTIONS TO RMS?
Your financial contribution to the Annual Fund supports the people and programs that make Richmond Montessori the terrific school it is: talented and dedicated teachers, small classes, experiential learning every day, library and instructional resources, technology and advancements, enriching arts and athletics programs. RMS relies on a combination of tuition income, charitable donations, income from auxiliary programs and interest income to offer the best possible Montessori education and experience for students and their families. Without the Annual Fund, integral components of our rich and robust program would be compromised. Charitable gifts are a necessary part of every independent school’s healthy financial profile.
IF INDEPENDENT SCHOOLS WERE RUN MORE LIKE BIG BUSINESS, COULDN’T THEY CHARGE THE FULL COST AND AVOID HAVING TO ASK FOR GIFTS?
RMS is a 501(c)(3) non-profit institution. Unlike a for-profit business, which aims to make money, RMS aims to provide our students with the very best education. By nature, high-quality schools are labor-intensive and people-oriented. In order to provide the best programs and competitive compensation to our outstanding faculty and staff, we continually evaluate and assess tuition increases, auxiliary programs like camp and effective fundraising initiatives. And, unlike tuition, contributions to the Annual Fund are fully tax-deductible and allow each family to give at a meaningful level to which they are able.
HOW MUCH SHOULD I GIVE TO THE ANNUAL FUND AND HOW MUCH OF A DIFFERENCE CAN MY GIFT MAKE?
Ideally, current parents identify RMS as one of their top philanthropic priorities and recognize that their contributions make a significant impact. Annual Fund gifts range from $20 to over $20,000. But above all, we encourage participation in the Annual Fund the most. Our toddler – 8th grade school has fewer supporters than larger K-12 independent schools and therefore it is even more critical to have a higher percentage of supporters. Your gift, when added to those of hundreds of other supporters, can have a large impact. Your participation encourages others to give and sends a message to our community that RMS makes a difference. Every gift counts! Every gift matters!
SHOULD I GIVE IF I RECEIVE FINANCIAL AID?
Even though many families make financial sacrifices to pay their tuition, it is still important for every member of our community to participate in the Annual Fund at some level.
WHICH IS MORE IMPORTANT: THE ANNUAL FUND OR THE ANNUAL SPRING FLING EVENT?
They are both important, and they serve different purposes. The Annual Fund supports the general operating budget while the annual Spring Fling event proceeds are typically restricted to a certain project or fund as determined by school needs. RMS hopes that everyone will consider supporting both of these important initiatives this year.
WHEN SHOULD I MAKE MY ANNUAL FUND GIFT OR PLEDGE?
The earlier we receive your gift, the earlier we can put it to work for our students. We encourage all families and friends to make their pledges by December 31, though payments are accepted until the end of our fiscal year, which is June 30, 2018. Keep in mind that you may pledge your gift and make monthly installment payments as needed. We are happy to structure your gift over our fiscal year! Contact the Advancement Office to set up a pledge payment schedule.
IS RMS ELIGIBLE FOR EMPLOYER MATCHING GIFTS? YES!
RMS is grateful to the many corporations that support the School through generous matching gift programs. Please ask your employer about Matching Gift Programs that support K-12 schools. This is a great way to double and sometimes triple your gift to RMS.
To make a gift online or learn more, go to http://www.richmont.org/get-involved/
For questions, please contact the Advancement Office at (804) 741-0040 Ext. 27.