The Fund for Princeton Academy

Frequently Asked Questions

What is the Fund for Princeton Academy?

Independent schools are not dependent upon government support and therefore, rely on income from tuition and endowment, and voluntary contributions to support the school’s operating expenses. The Fund for Princeton Academy is the only ongoing, annual fundraising activity that touches every member of the Princeton Academy community. It is a yearly effort to raise money that is spent in the current year to pay for the day-to-day operating expenses not covered by tuition and endowment income. In other words, the Fund goes straight to the bottom line to help balance the general operating budget.

Where does my gift to the Fund for Princeton Academy go?

The Fund provides one of the largest sources of “unrestricted” or flexible dollars for current use during the year in the areas that the school needs it most. These include academic initiatives and enhancements, financial aid, library resources, technology upgrades, arts and athletic supplies, academic buildings and grounds maintenance, and co-curricular and community service activities. Your gift has a direct and immediate impact on the education of all Princeton Academy students.

Who participates in the Fund?

Princeton Academy relies on the generosity of the entire school community - including trustees, parents, grandparents, alumni, faculty, staff, friends and foundations to support the cost of educating every Princeton Academy student. The Fund for Princeton Academy is one of three primary sources of income for our school. The others are tuition and fees, and endowment earnings. Because the Fund subsidizes the yearly operating budget, the school depends on everyone to participate every year. Princeton Academy’s tuition covers approximately 95 percent of the cost of educating our students.

Why is my participation important each year?

The Fund for Princeton Academy is one of three primary sources of income for our school. The others are tuition and fees, and endowment earnings. Because the Fund subsidizes the yearly operating budget, the school depends on everyone to participate every year. Your participation sends a powerful message of your belief in the school’s mission. And a high percentage of participation is just as crucial as the actual dollars raised. We are a small community with 313 donors to last year’s Fund, which means that when you make a gift to Princeton Academy, its impact is immediate!

What is the 2015-2016 Fund for Princeton Academy goal?

The Board of Trustees set the goal at $300,000, and to meet this year’s goal we will need the support of our current community of donors and new donors!

How can I make a gift?

Tax-deductible gifts can be made by check, credit card or online. You can also make a gift of marketable securities, as well as those made by real estate or life insurance. Contact the Development Office at (609) 924-8148, or via email about the stock-transfer process.

When can gifts be made to the Fund for Princeton Academy?

Gifts can be made at any time. The Fund year runs concurrently with the school’s fiscal year, from July 1 through June 30. Princeton Academy is a 501 (c) 3 non-profit organization. All donations are tax-deductible to the fullest extent allowed by law.

Whom should I contact if I have any further questions?

Please get in touch with the Development Office by calling (609) 924-8148 or email. Thank you!

Your gift to The Fund for Princeton Academy gives students and teachers the wings to soar with joy. It provides our boys with the best resources to learn and grow, and also helps to retain and attract the best faculty. Our mission is to develop young men with active and creative minds, a sense of understanding and compassion for others, and the courage to act on their beliefs. Thank you for your support of Princeton Academy of the Sacred Heart!

Giving Levels

St. Madeleine Sophie Barat Society $15,000 and above
Sacred Heart Society $10,000-14,999
Kalkus House Society $5,000-9,999
1998 Society $2,500-4,999
Headmaster's Society $1,000-2,499
HAWKS Club$250-999
Blue and Green Club$1-249