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[quote=Anonymous][quote=Anonymous]Private schools are clever when it comes to fundraising. They typically announce projects then try to raise the money for them later. If you are being pitched for Giving Tuesday, or taken for tea by a development officer, or pitched to donate to a particular fund, or are just considering enrolling --you have the right to ask how much long and short term debt your school carries, how big the endowment is, what the strategic plan is etc. It's important to understand the financial health of a school, especially if you are considering investing 8-10 years of approximately $40-60k into it. Just like any other $200k-$600k investment, it makes sense to get the full picture. For starters, here is a snapshot of the end of year endowment funds reported on many DC Privates’ 990’s. ([b]Religious schools such as Sidwell, Cathedral, St Albans , do not have to report [/b]on same forms so they are not listed). While endowments don't tell a full story they are a piece of the puzzle. Madeira $74,328,182 GDS $71,560,246 Potomac $ 62,576,002 Holton $46,683,595 Maret $24,592,423 Landon $22,079,303 Norwood $19,563,635 [b]St Andrews $10,742,213[/b] Bullis $9,966,287 Langley $9,566,473 WIS $8,316,938 Sheridan $5,290,001 Lowell $4,950782 Barrie $1,607,944 Burke $1,157230 Field $485,167[/quote] Saint Andrews is an Episcopal school. It’s listed. Are you saying that religious schools have the option of keeping the information quiet or are required to?[/quote]
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