Frequently Asked Questions
A Capital Fund supports the capital expenditures of the School, and funds are raised through a capital campaign. Capital campaigns in general last for specific periods of time and raise funds for very specific physical projects or long-term financial objectives such as an endowment.
Wakefield School is a 501(C)(3) not-for-profit corporation. Gifts to the Annual Fund and for Capital gifts are tax-deductible. Please consult with your financial advisor on the tax advantages of a donation to Wakefield School.
Participation in the Annual Fund on any level is extremely important for several reasons. First, we are a community predicated on mutual support of one another, at all levels and in many ways, and ensuring that the Annual Fund meets its goal is therefore a responsibility shared by all members of the community.
Second, participation rates are important indicators of the confidence our constituents have in the School. They demonstrate to grant-making foundations that our community responds when called upon to help, and that there is broad support for our mission and goals.
Finally, all the seemingly small gifts added together make a significant impact on our total dollars raised for the Annual Fund.
Only you can decide. A good rule of thumb in determining the amount of an annual fund gift is that it should be an amount that is replicable every year. It is the Annual Fund after all! The average gift to the Annual Fund is between $1,000 and $1,500; however, gifts ranged from $5 to $50,000.
If you are in a position to give at a significant level, we hope that you will consider becoming a member of the Leadership Council ($10,000 or more) or the Archwood Circle(from $5,000 to $9,999). Your contribution at one of these levels will have a demonstrable impact on the daily lives of our students and teachers.
If giving at a high level is not your choice, please do not refrain from participating. Wakefield prides itself on its history of wide participation in the Annual Fund, and EVERY gift truly makes a difference in our small community.
We ask that everyone always give to the Annual Fund. Gifts for the Annual Fund are solicited every year for current, expendable funds. The Annual Fund must stay strong so that the quality of the daily lives and experiences of our students and faculty remain extraordinary.
When we are in a Capital Campaign, we ask that everyone give to both the Capital Campaign and the Annual Fund. Capital gifts (1) allow the School to complete the construction of our campus and (2) can provide permanent financial assets for the School through Endowment gifts. We often request Capital gifts for special construction projects when we are not conducting a Capital Campaign; gifts to the Endowment can be made at any time, as growing the Endowment is an ongoing need. We appreciate support for these purposes in addition to the Annual Fun if this is possible for you.
If I were to make a pledge to the "Soaring to New Heights" Campaign but could not afford to pay it all at once, could I pay over time?
A school’s Endowment is a fund that lasts in perpetuity with only the income being spent for priority needs such as teaching students, retaining faculty, and providing financial aid for students. The Endowment provides financial strength for the school in the present and for the future. Gifts can be made at any time to help build the general Endowment, regardless of how large or small the gift may be. Gifts to establish endowed funds for specific purposes require a minimum amount to start the fund and can be named to recognize a person whom the donors may wish to recognize. People can also give to the Endowment through a Bequest or other estate planning vehicles.
For more information about making a gift to the Endowment, please contact Ann-Charlotte Robinson at 540.253.7502.
You have a choice of ways to convey your charitable gift to Wakefield School. You can:
- Go online and use a credit card (American Express, MC, Discover) to make your donation
- Use one of the Annual Fund reply envelopes that accompany our appeal letters
- Charge a gift to a credit card by calling the Development Office at 540.253.7601
- Send a check payable to Wakefield School, to Wakefield School, Attn: Development Office, PO Box 107, The Plains, VA 20198
- Transfer securities by contacting Jennifer Miller, Development Assistant, at 540.253.7538.
For details on making a planned or estate gift, please consult Ways To Give or call the Development Office at 540.253.7601.