What is The Maclay Fund?
The Maclay Fund is our annual campaign that runs in conjunction with the school's fiscal year of August 1st-July 31st. The school's financial model is designed for tuition to only cover a portion of the operating budget. Setting tuition below the actual operating cost offers parents, grandparents, alumni and friends the opportunity to make a tax-deductible donation. It also promotes a more diverse student population.
How much should we give?
We ask our families to give to the best of their ability and at a level that demonstrates the value placed on an exemplary education. The value of leadership-level gifts ($1,000 and above) cannot be underestimated, however, we are appreciative of every single gift, regardless of the amount.
Why is my financial support as a parent so important?
By demonstrating strong parent participation in The Maclay Fund, outside donors and income sources are more inclined to support our school. It is important for them to see our parents supporting Maclay School before we ask them for help. Remember- no gift is too small. Participation is what's important. Some grants require us to show several years of parent participation in The Maclay Fund before we are eligible to apply for them.
Why does Maclay ask for contributions instead of simply increasing the tuition?
If our budget was set to cover the full 100% cost of educating each student at Maclay, it would require a significant tuition increase. Instead of an increase, Maclay asks every family to contribute a tax-deductible donation to the Maclay Fund, thus reducing each student’s annual tuition cost and encouraging a diverse student body.
How can I make a contribution, and is it tax-deductible?Contributions may be made by cash or check or by credit card online at www.maclay.org/giving. Gifts of appreciated securities are always welcome and have beneficial tax implications. Gifts can also be pledged by contacting Lauren Clary, Giving Coordinator, at email@example.com. All gifts to Maclay School are tax-deductible based on the school's 501(c)(3) charitable status.