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Reply to "Private schools - annual donations- galas- etc ? "
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[quote=Anonymous]OP--the pressure to give will continue and you really should just give what you can afford. Two thoughts: First, one gift you are giving to your children is that they will receive requests to give generously from their schools for the rest of their lives. I am only sort of kidding because I went to a private school and get requests all the time. I don't think my parents gave much over and above the full tuition they paid. I would say alum donations are minimal both in terms of donors and amounts donated. I actually think that is also true about lots of parents. Just try to remember that the school has to ask and ask because lots of people plan to give and forget or delay or procrastinate even though they always plan to give. So for the school, asking and asking isn't necessarily about getting money from the same people over and over but more about getting something from as many people as possible, keeping in mind that at any given moment people are in different stages of readiness with regard to making donations. Also, the fact that you are paying full tuition is huge. Financial Aid is a big deal and LOTS of parents get it. Lots of the same parents are driving expensive cars, have second homes, lavish vacations and dress in expensive clothes. FA is given out even when you would think it should not be--as in you might think FA should be to people who cannot afford it rather than people who spend their money on other things and take reduced tuition as well. So, as those people drive in their fancy cars and pay 75% tuition (about $7000 off these days) and spend $500 or $1000 at the annual auction or loudly tell you they think a good parent donation is "at least 1000K," keep in mind that you are probably still ahead in terms of what you are contributing to the school on a yearly basis.[/quote]
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