Giving Q & A
Q: What is The Annual Fund for Prep?
A: The Annual Fund for Prep consists of contributions given each year between July 1 and June 30 by parents, alumni, parents of alumni, grandparents, faculty, and others to help the school provide students with a superior education. Annual Giving meets needs in the yearly operating budget, sustaining and improving all areas of the School.
Q: Why does Tampa Prep need an Annual Fund when parents already pay tuition?
A: Small class sizes, excellent teaching, and extraordinary programs are integral parts of the Tampa Prep experience. However, tuition revenue alone is not enough to sustain the quality of a Tampa Prep education. We rely on tuition, Annual Fund contributions, endowment income, and fundraising events to meet operating costs.
Q: Why not increase the tuition if it doesn’t cover all the costs of a Tampa Prep education?
A: As part of its commitment to making a superior educational experience available to qualified students regardless of financial circumstances, the Tampa Prep Board of Trustees tries to minimize tuition increases. Raising tuition to meet all costs would mean that many families would be unable to send their children to Tampa Prep.
Q: If our family receives financial aid, can we expect the school to ask for an Annual Fund donation?
A: Yes. Both large gifts and modest gifts demonstrate support for the school, so we ask the entire Tampa Prep community to participate in the Annual Fund. While providing needed revenue, Annual Fund contributions also demonstrate community support for the work of Tampa Prep’s outstanding faculty and staff.
Q: What is an appropriate gift to The Annual Fund for Prep?
A: For all members of the Tampa Prep family, we ask you to be as generous as your means allow. If you are a current parent, we ask you to make Tampa Prep one of your top philanthropic priorities. Last year, The Annual Fund for Prep had donations between $5 and $20,000. The average gift from a current parent to independent schools in Florida is $1,029. Leadership level gifts start at $2,000.