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Support The Summit

2021-2022 Annual Campaign

Each year, the school relies on donations to provide critical support to our operating budget beyond the cost of tuition. Gifts to the Raven Fund limit our reliance on tuition and help us sustain the unique approach to education that can only be found at The Summit. These gifts have an immediate and direct benefit to each student and faculty member, as well as to the quality and range of all school programs.  


Tuition alone does not cover the full cost to educate students of The Summit. For 2021-2022, the average tuition income received only covers 63% of the total cost to educate each student. Donations to the Raven Fund cover “the gap,” representing the difference between the true cost of a private, independent school education per student and the cost of tuition per student. These unrestricted funds give the school the flexibility it needs to address its most pressing issues and support the students, faculty, and staff at The Summit today.

The Impact of Giving

The Raven Fund is the core of The Summit’s fundraising efforts. These gifts will help us provide an exceptional education for our students today. Through this support, The Summit is able to:

We count on the philanthropic support from our community, including parents, grandparents, alumni, faculty, staff, and friends to give a meaningful, heartfelt donation to the Raven Fund each year. No matter the size of the gift, your contribution is important. The only gift too small is the one not made at all. 

Make your pledge to the Raven Fund today to support independent education in the Ozarks!

For questions or more information about annual giving, please contact The Summit’s Development Office, or consult your financial advisor.

Your gift is taxdeductible to the fullest extent allowable by law.

Frequently Asked Questions

Mail: Send your donation or pledge information to The Summit Preparatory School at 202 E. Walnut Lawn Street, Springfield, MO 65807. Please make a note that your gift is for the Raven Fund.

Credit Card: Use this link or call the school at (417) 869-8077 to make a contribution by credit card. Please note that credit card transactions carry up to a 3% service fee that is not contributed to the Raven Fund. 

In-Person: Visit us at school to make your gift in person by cash, check, or credit card.

Stock Gifts: A gift of stock saves two ways. You avoid capital gains tax on the increased value, and you receive a deduction for the full market value of the stock at the time you make the gift. Please email or call The Summit’s Development Office to let us know that a stock gift is being arranged.Pledge: You may pledge a gift to the Raven Fund and make payments in installment payments to be paid in full by the end of our fiscal year, July 31, 2022. Please email or call The Summit’s Development Office to arrange a payment schedule.

The Raven Fund is critical because tuition alone does not cover the costs of operating The Summit. Like other nonprofits and private schools, The Summit supplements costs through the Raven Fund. These donations are tax-deductible donations, unlike tuition. The National Association of Independent Schools (NAIS) recommends that 26% of an independent school’s budget should be fundraising revenue.

The money donated to the Raven Fund is used within the current fiscal year and supports faculty salaries, program development, and daily operational needs, such as the maintenance of facilities, classrooms, and equipment.

Augmenting tuition through charitable gifts helps keep tuition at a competitive rate, provides many important programs and improvements that are essential to fulfilling our mission, while maintaining the small, close-knit community that makes The Summit such a special place. It also provides an opportunity for you to make a tax-deductible donation to our school to the extent allowed by law.

We ask The Summit community to make the school its highest philanthropic priority, giving to the best of one’s ability and at a level that demonstrates the value placed on an exemplary education. One hundred percent family participation is our foremost goal.

We strongly encourage families to consider a monthly gift. For example, a monthly gift of $50 for every month between October and July would make a total donation of $500 towards the Raven Fund.

Each gift makes a difference for our students and faculty in our classrooms today.. 

  • $50 would cover medical supplies at the front desk for one month
  • $100 would cover the cost of one online professional development webinar
  • $650 would cover the cost of athletic activities for one month
  • $800 would cover online student subscriptions for one month
  • $2,500 would cover building cleaning for one month

 

No, you can pledge your gift now and indicate a payment schedule that is most convenient for you. Our fiscal year runs from August 1st to July 31st. Please email or call The Summit’s Development Office to arrange a payment schedule.

 

Matching Gifts

Matching Gifts

As an employee benefit, many corporations match their staffs’ charitable contributions. Matching gifts might allow you to double or triple your gift to the school because the corporate matching gift is counted toward your total giving. After confirming that your employer makes matching gifts, determine the procedures for securing the matching gift and inform the Development Office at The Summit. Typically, you will obtain a matching gift form from your employer to send in with your contribution. The Summit then submits the form to your company, which sends the matching contribution to the school.

Planned Giving

Planned Giving

Planned giving is a program for donors to make a contribution to The Summit through various means, including but not limited to: appreciated securities, retirement plans, life insurance, real estate and personal property, and bequest through a will or revocable trust. The Summit is a thriving academic community. Through continued financial support, donors enable us to maintain and enhance an educational experience that will enrich our students for a lifetime.

Securities

Securities

If your securities are held by a brokerage house or company, contact your broker and decide which securities and how many would be best to donate. Send or fax The Summit a copy of the letter of instruction (which your broker will require). Then, have your broker contact The Summit for wire transfer instruction. Donors often see cash gifts as the only way to support The Summit. In reality, giving securities, stock, real estate, mutual funds, or bonds may be beneficial to both you and the school. You may benefit by, (1) avoiding capital gains taxes (2) increasing charitable deductions (3) lowering your estate taxes. An important note: Always send TCS a letter, fax, or email clearly stating the details when you are giving a gift of securities. Not only do we need this information for tax purposes, but it helps us determine which stock gift is yours and how your gift is to be used.

Contact Us

If you have questions or need additional information about donation opportunities, we would welcome the discussion. The Summit’s strengths lay with our students, parents, and our community support. We look forward to speaking with you about how your gift makes a direct impact on independent education at The Summit!

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