Anonymous wrote:Anonymous wrote:I would laugh in their face, but that's just me.
Also, and more importantly, something is wrong here. What on earth did you disclose for this school to believe that they could ask this of you? Do either of you have a well-known job for which the compensation is publicly available? Even so, the request is not in line with your income. Usually privates have a Development Office and do a pretty good job of researching their wealthy donors to ensure they tailor their "ask" appropriately. Is this a new or inexperienced team at this school? Is it just a crap school that doesn't know what the heck it's doing?
Weird. If I were you, I would ask how they assessed my wealth and how they reached that number, before saying no. They need to do a better job of evaluating donors.
Anonymous wrote:Anonymous wrote:We’re been asked for $100k ($20k for 5 years, more specifically) 3 times. Unlucky to be at 2 schools and 1 church during capital campaigns. Your income may put you in that category or they made a mistake based on something else.
Whatever it is, it’s not a big deal. Commit a smaller amount and move on.
Op, yes, they said they would “offer the option” of paying over 5 years if we couldn’t cough it up today.
Whatever their alleged wealth detectives discovered - and again, we have no hidden wealth or family help— it is insane to ask for 20 percent of a family’s salary so they can have fancier buildings! (My friend who works in development at a neighboring small private said things are often based on house value — our house cost 820k when we bought it right before Covid but the value has gone up, as have everybody’s.) she said in her school they do not bother asking the regular full pay parents for specific sums and focus on the known super wealthy.
Im trying to fathom why I feel so hurt and angry when you guys are right and we can just say no. I guess I wanted to feel appreciated for scraping together full tuition for 5 kids, not to mention putting my younger kids in the school’s pipeline amidst crashing birth rates, but clearly those efforts mean nothing. I’ve heard that many more applicants for k this year are only children and i wonder if that’s actually an advantage because families can funnel all those resources fully to the school and they don’t even have to bother educating anybody!
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:No school asks for specific amounts.
If your school did OP leave.
Not true - I work in Development and hour Head specifically tailors his amounts to according the research on the family's capacity.
Definitely creepy. Your “research” is just an abuse of the privacy of the families at the school.
DP. It’s not an “abuse of privacy”. They don’t tell anyone about a family’s wealth. They use the information only to try to tailor requests to potential large donors. Many nonprofits do this. If you get junk mail asking for donations to help sick kids or abused dogs or anything else, they’ve used the same tools. They aren’t going to start with a $100k ask because they don’t have a connection with you yet, but your kids’ school does have a connection.
Wrong. It is absolutely a violation of the privacy of the families that school is supposed to serve. Did you ask for consent?
Anonymous wrote:OP as a person whose kids went to some of the most expensive boarding schools in the US, I find this hard to beleive.
We are the 1% in this country and never once has any school asked us for a certain amount.
We even have college foundations and scholarship funds that millions are donated by us and even at that level no one has ever asked for a specific amount.
I would have walked out.
My response would have been.
Thank you we are done here. And I would have gotten up and left the meeting, no other words said.
Then I would proceed to find another institution to educate my child.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:No school asks for specific amounts.
If your school did OP leave.
Not true - I work in Development and hour Head specifically tailors his amounts to according the research on the family's capacity.
Definitely creepy. Your “research” is just an abuse of the privacy of the families at the school.
DP. It’s not an “abuse of privacy”. They don’t tell anyone about a family’s wealth. They use the information only to try to tailor requests to potential large donors. Many nonprofits do this. If you get junk mail asking for donations to help sick kids or abused dogs or anything else, they’ve used the same tools. They aren’t going to start with a $100k ask because they don’t have a connection with you yet, but your kids’ school does have a connection.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:No school asks for specific amounts.
If your school did OP leave.
Not true - I work in Development and hour Head specifically tailors his amounts to according the research on the family's capacity.
Definitely creepy. Your “research” is just an abuse of the privacy of the families at the school.
DP. It’s not an “abuse of privacy”. They don’t tell anyone about a family’s wealth. They use the information only to try to tailor requests to potential large donors. Many nonprofits do this. If you get junk mail asking for donations to help sick kids or abused dogs or anything else, they’ve used the same tools. They aren’t going to start with a $100k ask because they don’t have a connection with you yet, but your kids’ school does have a connection.
Anonymous wrote:Anonymous wrote:Anonymous wrote:No school asks for specific amounts.
If your school did OP leave.
Not true - I work in Development and hour Head specifically tailors his amounts to according the research on the family's capacity.
Definitely creepy. Your “research” is just an abuse of the privacy of the families at the school.
Anonymous wrote:Here is how the meeting should have gone.
Development: we want you do donate $100k
Parent: how on earth did you come up with that specific amount
Development: we calculate it based on data about you
Parent: specifically what data went into that calculation
Development: data we purchase from data scraping services to estimate your wealth
Parent: that is definitely creepy. I did not consent to that. It is an invasion of my privacy. This meeting is over.
Anonymous wrote:Anonymous wrote:Anonymous wrote:We’re been asked for $100k ($20k for 5 years, more specifically) 3 times. Unlucky to be at 2 schools and 1 church during capital campaigns. Your income may put you in that category or they made a mistake based on something else.
Whatever it is, it’s not a big deal. Commit a smaller amount and move on.
Op, yes, they said they would “offer the option” of paying over 5 years if we couldn’t cough it up today.
Whatever their alleged wealth detectives discovered - and again, we have no hidden wealth or family help— it is insane to ask for 20 percent of a family’s salary so they can have fancier buildings! (My friend who works in development at a neighboring small private said things are often based on house value — our house cost 820k when we bought it right before Covid but the value has gone up, as have everybody’s.) she said in her school they do not bother asking the regular full pay parents for specific sums and focus on the known super wealthy.
Im trying to fathom why I feel so hurt and angry when you guys are right and we can just say no. I guess I wanted to feel appreciated for scraping together full tuition for 5 kids, not to mention putting my younger kids in the school’s pipeline amidst crashing birth rates, but clearly those efforts mean nothing. I’ve heard that many more applicants for k this year are only children and i wonder if that’s actually an advantage because families can funnel all those resources fully to the school and they don’t even have to bother educating anybody!
But it’s less than 5% of your non-retirement account investments. Spread it over 5 years and it’s less than 1% a year. Many people with far less than you give higher percents to philanthropy of their choice (which may or may not be their kids’ school).
They did their wealth scan. They aren’t wrong that you could afford it if that was your priority. It clearly never crossed your mind to give such a large gift so it was startling and upsetting to be asked, and that’s ok. You can be mad that they didn’t acknowledge how much you already spend at the school. You can say no. They hear no all the time and it won’t affect your kids or their education.
I do think for your own peace of mind you should work through all the angst and upset this has caused, which seems out of proportion.
Anonymous wrote:Anonymous wrote:We’re been asked for $100k ($20k for 5 years, more specifically) 3 times. Unlucky to be at 2 schools and 1 church during capital campaigns. Your income may put you in that category or they made a mistake based on something else.
Whatever it is, it’s not a big deal. Commit a smaller amount and move on.
Op, yes, they said they would “offer the option” of paying over 5 years if we couldn’t cough it up today.
Whatever their alleged wealth detectives discovered - and again, we have no hidden wealth or family help— it is insane to ask for 20 percent of a family’s salary so they can have fancier buildings! (My friend who works in development at a neighboring small private said things are often based on house value — our house cost 820k when we bought it right before Covid but the value has gone up, as have everybody’s.) she said in her school they do not bother asking the regular full pay parents for specific sums and focus on the known super wealthy.
Im trying to fathom why I feel so hurt and angry when you guys are right and we can just say no. I guess I wanted to feel appreciated for scraping together full tuition for 5 kids, not to mention putting my younger kids in the school’s pipeline amidst crashing birth rates, but clearly those efforts mean nothing. I’ve heard that many more applicants for k this year are only children and i wonder if that’s actually an advantage because families can funnel all those resources fully to the school and they don’t even have to bother educating anybody!