Loyal alumni, friends, faculty, staff, students and parents contribute to the Annual Fund each year. The greatest need is for unrestricted gifts to the Annual Fund in support of the College’s general operating expenses and are used where the need is most urgent. Another benefit to the College when giving to the Annual Fund is the percentage of alumni who give back to Saint Paul’s is a critical factor in determining the College’s national rankings, as well as grant funding from leading foundations.
The Annual Fund supports yearly expenses for:
- Faculty enrichment
- Curricular enhancements
- Library purchases
- Technology upgrades
- Student-life programs
- Facilities improvements
- General operations
- And much more
Unrestricted gifts are of great value to Saint Paul’s because they allow the College to allocate funds wherever the need is greatest and to take advantage of unique opportunities as they arise. Unrestricted gifts are typically used to offset costs associated with such things as financial aid, teaching innovations, research and equipment, and facilities. Your unrestricted gift will be expended during the fiscal year that you make the gift (Annual Fund).
Designated and Restricted Gifts
Gifts may also be designated to a specific program, group, or priority area at Saint Paul’s College. These gifts allow the donor the satisfaction of supporting a program that has personal significance to him or her. Designated and restricted gifts may be labeled for current use in the annual fund or may be designated for Saint Paul’s endowment, as well.
Saint Paul’s College does not provide tax advice and encourages all donors to contact their personal tax advisor for all questions and decisions related to the tax treatment of any gift made to the College.