Frequently Asked Questions
What is the Annual Fund?
The Annual Fund is Speyer’s yearly fundraising campaign to support the School by:
- Enhancing academic and co-curricular programming
- Attracting and retaining talented faculty and staff
- Providing financial aid for an economically diverse student body
- Maintaining our facilities at 925 Ninth Avenue
Why should I support the Annual Fund when I already pay tuition?
At Speyer, as at most independent schools, tuition and other earned income cover only a portion of the cost of educating each student, with the remainder made up by fundraising. Contributions to the Annual Fund help to close this gap and are the highest priority for charitable giving at Speyer.
Who is being asked to participate in the Annual Fund?
Supporting the Annual Fund is a community-wide effort and all current parents and Trustees are asked to participate.
In the 2016-2017 school year, Speyer families and friends raised over $830,000! Eighty-eight percent of current parents made a gift, as did 100% of the Board.
If I can’t make a large gift, does a small gift really make a difference?
Yes! Speyer values every gift regardless of the size. During the 2016-2017 school year, many of our donors gave $500 or less, which represented tens of thousands of dollars. Thanks in part to these contributions, the Annual Fund raised over $830,000, directly benefiting each Speyer student’s experience.
How much should I donate to the Annual Fund?
Annual Fund gifts to Speyer range in size from $25 to more than $25,000. While leadership gifts are important for the School’s economic strength, every gift matters and every gift makes a difference. We ask each family to make a gift that reflects its financial capacity and desire to have an impact.
Are Annual Fund gifts tax deductible?
Yes. Speyer is a not-for-profit 501(c)(3) organization. Unlike tuition fees, all contributions to the Annual Fund are deductible pursuant to the prevailing tax laws. All donors to the Annual Fund receive a letter noting their gift amount, date of gift, and the disclosure that no goods or services were provided.
How can I make my gift?
There are many ways to make a gift to the Annual Fund. We encourage you to choose an option that works best for you.
- Online: Make a secured donation here.
- Cash or Check: Personal checks should be payable to The Speyer Legacy School. Cash donations can be mailed to:
The Speyer Legacy School
℅ Advancement Office
925 Ninth Avenue
New York, NY 10019
- Securities: By making a gift of securities, you can avoid capital-gains taxes and receive a deduction for the transferred stock’s full market value. Please notify the Advancement Office at (212) 581-4020 or firstname.lastname@example.org if you wish to make a gift of securities.
What are corporate matching gift programs? How do I know if my company participates?
Corporate matching gift programs are charitable giving programs established by corporations in which a company matches donations made by employees to eligible non-profit organizations. For example, if a donor works at Bank of America and donates $100 to The Speyer Legacy School, Bank of America will double the donation by also writing a check for $100. Please note that employees are responsible for submitting the required forms to their companies.
You can determine your eligibility and gain access to detailed corporate giving information about your employer by clicking here and searching the database of companies with matching gift programs. If your company is not listed, please make sure to check with Human Resources as there are additional companies out there that offer matching gift opportunities.
I can only make one gift to Speyer. Should I give to the Annual Fund or the InSpeyered Evening and Auction?
We hope that everyone will participate in both the Annual Fund and the auction, but if you have one gift to make, it should be to the Annual Fund. The Annual Fund goes immediately into the school’s operating budget to support the ongoing needs of the school. The auction provides donors with a unique opportunity to support Speyer after they have made an Annual Fund gift. Gifts made to the auction do not count towards our Annual Fund participation percentages.