The Annual Fund is Rivermont’s annual giving program that provides the essential unrestricted dollars that enhance the Rivermont Experience. Like most independent schools, tuition alone does not cover the entire cost of running a school like Rivermont. Annual Fund contributions enrich every area of student life and ensure Rivermont continues to deliver a well-rounded education complete with unique opportunities, programs, and experiences.
We encourage all members of the Rivermont Community to support the Annual Fund at the level that suits them – parents, grandparents, alumni, parents of alumni, trustees, faculty, staff, and friends of the School. Because contributions are used during the school year in which they are given, every contribution makes a difference that can be seen and felt on campus each year as we grow.
Frequently Asked Questions
What is the Annual Fund?
The Annual Fund is Rivermont’s yearly appeal for financial contributions to support the School. The campaign runs from July 1st through June 30th every year. Contributions to the Annual Fund are used during the school year in which they are given, making them critical to enhancing our programs and providing resources that make Rivermont exceptional.
Annual Fund gifts support many areas of student life, including technology, fine arts, foreign language instruction, athletics, student trips, scholarships and tuition assistance, faculty professional development, and general operating needs. These unrestricted gifts enable Rivermont to spend the dollars wherever it is most necessary. Tuition and fees cover about 84% of Rivermont’s annual operating expenses and the Annual Fund helps bridge the gap, ensuring our programs remain unique and innovative.
Why not raise tuition?
No independent school could charge the full cost of educating its students without pricing itself out of the market. That’s why nearly every independent school has an Annual Fund. In addition, tuition is a non-tax-deductible payment to Rivermont, while Annual Fund gifts are fully tax-deductible.
What makes Rivermont an independent school?
We design our own programs and curriculum, operate without financial support from federal or state government, and are self-governed by our Board of Trustees. Unlike public schools, which are funded by tax dollars, independent schools rely solely upon tuition and philanthropic gifts to meet operating and capital expenses.
Why is my gift to the Annual Fund important?
A strong Annual Fund makes for a strong Rivermont! High participation among parents, grandparents, alumni, parents of alumni, trustees, faculty, staff, and friends of the School shows our belief in the School and strengthens our position with foundation and corporate donors, encouraging them to join us in supporting Rivermont.
We are extremely proud of our faculty, staff, and Board of Trustees, who continue a tradition of 100% participation in the Annual Fund. Any donation – no matter the amount – is welcome, sincerely appreciated, and critical to our success.
Do corporations support the Annual Fund?
Yes! Corporations typically contribute to independent schools by offering matching gifts to their employees’ contributions. Check with your employer to see if such a program exists where you work.
Can I donate stock to the Annual Fund?
Yes! Donating stock is a great way to make a gift to Rivermont. Giving appreciated securities offers two benefits. First, you may be able to avoid paying capital gains taxes on the amount of appreciation. Second, you may also be able to deduct the full amount of the current value of the stock as a charitable contribution deduction. For more information give us a call at (563) 359-1366
How can I get more information?
Have a question that wasn’t answered here? Give us a call at (563) 359-1366, we would be happy to answer any questions you might have.