Giving Glossary
Alumni Volunteer Network (AVN)
The AVN is comprised of alumni who give their time to support mission sustaining projects at ECF. Our work includes fundraising, collecting class notes, supporting the Annual Fund benefit, helping at Homecoming and reunion, speaking to students at Fieldston Awareness Days, and organizing networking opportunities for students and alumni.
Annual Fund
The Annual Fund is comprised of unrestricted gifts. These gifts allow ECF the flexibility to meet the school’s most immediate needs. Annual Fund gifts can be made in the following categories: greatest needs, financial aid, faculty enrichment, technology, athletics, and campus improvements.
Bequests
Bequests are assets transferred through a donor’s estate and can include gifts of cash, securities, real estate, and tangible personal property. Bequests are exempt from both federal and state estate taxes and any limitations on deductions.
Capital Campaign
A major fundraising campaign, conducted over multiple years, to raise substantial funds to support the school's strategic priorities. Donors are typically asked to make a special gift to a capital campaign in addition to their annual fund gift. ECF is not currently engaged in a capital campaign.
Endowment
A permanent fund that is invested to produce income to meet the day-to-day needs of the school or to address needs as they arise. Gifts to the endowment support academic and programmatic excellence in perpetuity. The principal of each endowed gift is preserved while its earnings benefit students, faculty, and programs.
Form VI Gift
Traditionally Form VI parents make special gifts to ECF in honor of their children and the graduating class. Form VI students also participate in this special fundraising effort. Each Form VI class votes on a gift designation of their choosing – last year’s designation was an endowed financial aid gift.
Gifts in Kind
Non-monetary gifts which otherwise would have to be purchased by the school. Donated items and gifts of services to the annual fund benefit are also considered gifts in kind.
Gifts of Securities
Gifts of appreciated securities offer significant tax advantages to the donor and are simple to arrange. Click here for more information on making a gift of securities. Tax deductions are allowable for the value of the average of the high and low prices of the stock on the day of transfer of the securities to ECF provided the stock has been held for more than 12 months.
Loyal Oaks
Donors who have made a gift to the Annual Fund for 10 or more consecutive years.
Matching Gifts
Many foundations and corporations match the gifts made by their employees. Match ratios vary, but they can be as high as 3:1. Check with your human resource department to see if your company matches gifts.
Parent Annual fund Volunteer Effort (PAVE)
Comprised of parents across divisions, PAVE volunteers are dedicated to raising awareness of the Annual Fund and increasing parent participation in the fund. For more information, or to become a volunteer, please click here.
Participation
A measure, usually expressed in percentages, of how many donors in a specific group have made gifts to the Annual Fund. Foundations, donors, applicants, and others view participation as a vote of confidence in the school from those who know and love it best.
Programmatic Gifts
Gifts that are restricted to support a special project at ECF.
Tribute Gifts
Gifts made in honor of someone to celebrate a special occasion like a birthday, wedding, or anniversary, or gifts made in memory of a loved one.
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