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Private & Independent Schools
Reply to "What do I do: elementary school just ask us for 100k"
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[quote=Anonymous]They definietly didn't do due diligence in coming up with that amount. You certainly do have capacity. Given your salaries and investments, on paper you have the ability to give that much as a pledge. That said, tossing that number out as a first gift amount was crazy on their part. A more experienced team would have known how to assess other factors (willingness, timing, practical considerations, etc) that also go into such a large ask. Don't be offended. Chalk it up as their issue. Simply write a message back that says they have unfortunately vastly overestimated what your family has the ability to donate, and that you will make a more appropriate gift when you determine what level that will be. That gets them off your back, and also lets them know that their methodology was way off.[/quote]
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