Q: What is the Annual Fund?
A: The Lakeview Academy Annual Fund is our most important giving priority. It’s a way to bridge the gap between tuition and the actual cost of the Lakeview experience by supporting the yearly operating budget. Annual participation upholds a long-standing tradition of families and friends taking direct responsibility for the School’s continued success.
Q: Where does money from the Annual Fund go?
A: Contributions to the Annual Fund are critical to help meet recurring expenses that tuition dollars don’t cover - expenses that would otherwise demand significant increases in tuition rates. The Annual Fund at Lakeview helps to maintain small class size, provide a rigorous academic curriculum, arts, athletics, expanded enrichment programs, individualized learning support, and competitive compensation to hire and retain the best faculty and staff.
Q: Why do we need an Annual Fund?
A: Like most private schools, tuition doesn’t cover the full cost of the Lakeview experience. Lakeview Academy has an average gap of $700 per student. The Annual Fund along with our annual Auction help to balance the budget.
Q: Why is participation so important?
High participation in our Annual Fund by the Board of Trustees, Faculty and Staff, and our parents is a positive sign that families are invested in their children’s future and support the mission of Lakeview Academy. This percentage can also have an impact on outside sources, such as area foundations.
Q: When can I make a pledge or gift?
The Annual Fund is a yearly ask that coincides with our fiscal year, July 1 – June 30th. However, it is great to have most gifts and pledges by December 31st of each year.
Q: What is the goal?
A: The goal for the 2017-2018 Annual Fund is $250,000 in unrestricted dollars and 60% participation from our parents. The Trustees and Faculty/Staff have already reached 100% participation.
Thank you and feel free to contact me anytime.
Attn: DeAnna Browne, Development
796 Lakeview Academy
Gainesville, GA 30501