- Why does Foote ask parents & faculty for financial contributions?
- What is the Foote Fund?
- What is a matching gift?
- What is the endowment?
- What is capital giving?
- What is the difference between annual giving and capital and/or endowed giving?
- How can I give?
Like all independent schools, Foote's tuition does not cover the full cost of educating each student. The Foote Fund, along with the income from the school’s endowment, bridges the gap between tuition income and the actual cost of operating the school. Because Foote is an economically diverse community, we value contributions at every level. Taken together, these contributions provide enormous support for the school.
The Foote Fund is a tax-deductible opportunity to support the school. Beginning on July 1 and ending on June 30 each year (not the calendar year), the Foote Fund raises money that becomes part of the operating budget. It pays for:
- books and computers in the Perrine Library
- teachers' salaries
- the cost of the field trips that make learning come alive
- microscopes in the science lab
- soccer balls and lacrosse sticks
- and much more!
All members of the Foote School community are encouraged to participate by contributing to the Foote Fund each year.
Endowment funds are similar to savings accounts that generate income from the investment of the principal. For example, a gift to the Jean Lamont Scholarship is placed in the endowment, allowing it to grow and produce income. While the principal is not touched, an annual distribution from the earnings supports the school. A gift to the endowment is NOT a gift to the Foote Fund.
Periodically, the Board of Directors identifies projects that require large sums of money. Foote's last capital campaign raised $12 million, part of which funded the purchase of 3.8 acres of contiguous property for a new regulation-sized playing field. The campaign also funded the construction of the Jonathan Milikowsky Science and Technology Building and the renovation of the Middle School Building. The previous campaign raised money to enlarge the Hosley Gymnasium, build the Sandine Theater and add new classrooms for art and music.
It's very simple; use the method that is easiest for you:
- To give online, click here.
- Call the Development Office at 203-777-3464 and use your credit card to make a gift.
- Write a check and send it to the Development Office, The Foote School, 50 Loomis Place, New Haven CT 06511.
- Contact Jody Abzug, Director of Development and Alumni Programs at email@example.com or 203-777-3464 for information needed to transfer stock to Foote or with any questions you may have.
Fourth graders spend weeks sculpting clay candle houses in art class. For a few glorious moments, their creations light up a darkened Sandine Theater as part of a winter-themed celebration.