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Private & Independent Schools
| My understanding is that Sidwell asks for varying amounts from different families. Doesn't seem "Quakerly" but must be good business sense. They research the families based on various demographic info as well as public donation records (ie political campaigns) and then come up with a number for each family. |
Well they must be pretty good at it. My letter asked for the exact amount that I was planning to give!
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| Every educational institution I've ever given to (including Sidwell) looks at last year's donation, ups it a bit, and asks for that amount. |
| There are new Sidwell families with no giving history to the school that were asked for different amounts. |
The bigger the gap, the better. Folks who don't understand this should take a look at the gap at places like Harvard. Its huge. All schools want to have a balance between tuition dollars and fundraising/endowment dollars. Its not good to be too reliant on one (except, see Harvard ). This has nothing to do with mismanagement of funds/budgets.
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Ever sat on a board of trustees? Do you have any clue what it takes to run a fantastic school with wonderful teachers? Do you know that private school teachers make less than public school teachers? You need to have good benefits, etc to get the good teachers. I love when people make assumtions about issues they have no knowledge about. That seems to be all this forum does. SO sad - people - do your research! Talk to the school - they will account for every dollar they spend. |
| Is fair share separate from the Annual Fund? Does this mean that you should give to both? Or is it the same thing? Thanks. |
I fundamentally disagree. Private schools are notorious for having a culture where no one wants to make waives. Simply because schools can account for every dollary does NOT mean that they are not overspending. Having read too many financial statements, etc, it is very easy to hide stuff, particularly on the margins. So, one must dig deep into a school's finances for the details, and a few conversations with school administrators will not produce sufficient detail. But private schools have been increasing their tuition at a faster rate than inflation for decades, and increases in teacher salaries are not responsible for all of that tuition increase. So, school boards and administrators msut rein in their expenses as the PP noted. I am confident that most private schools could cut expenses by 10% at least without affecting the quality of the education. |
I fully agree. |