The Olivia Tucker Scholarship Fund was established to commemorate the life of Olivia Tucker, a FASNY alumna who passed away in 2006.

 

To date, the Olivia Tucker Scholarship Fund has raised more than $1 million, allowing many students—who otherwise may not have had the opportunity—to experience the exceptional bilingual and multicultural education FASNY offers. 

 

This is a temporarily restricted fund: 100% of the funds raised are provided as scholarship to students in the following academic year.

Thank you for your support.

 

 

 

 

 

 

 

Like all independent schools in the United States, FASNY receives no government support–neither from the American government nor from the French government. It is typical for independent schools to rely on a combination of tuition and philanthropic giving to cover tuition and expenses. As a non-profit independent school, FASNY could not offer the unique bilingual academic model–the French, American, and IB curricula delivered by highly qualified teachers–without donations from families, alumni, and corporations. If you can only make one gift this year, the Fund for FASNY is the priority. A gift to the Fund is the most powerful thing you can do to support your child(ren)’s education.

 

2. Why not just raise tuition to cover all of the expenses?

We set the tuition at its level to keep FASNY more affordable to more families. Raising tuition would exclude many families that make our community so wonderful.
An additional benefit is that while a tuition payment is not tax-deductible, gifts to the Fund for FASNY are 100% tax-deductible. Including the Fund for FASNY into our operating budget allows families to contribute to the tuition with tax-deductible gifts that fit each donor’s budget.

The Fund for FASNY also emphasizes the crucial role played by the collective generosity of parents, alumni, and staff in the success of our students. The strength of our mission depends on a strong and vibrant community that values academic excellence and responsibility to the environment and the world.

 

The Fund for FASNY is the main fund for unrestricted donations; however, gifts can also be directed to specific programs, such as science, scholarships, or athletics.

In addition, the Fund for FASNY includes three separate funds:

• the Senior Fund, supported by parents of Seniors
• the Alumni Fund, supported by our alumni students
• the Olivia Tucker Scholarship Fund (OTSF), dedicated to financial aid

4. What is the Senior Fund?

A special fund within the Fund for FASNY, the Senior Fund directly supports programs that enhance school life in the Secondary School. It was launched in 2009 in recognition of FASNY’s first graduating high-school class.

The Senior Fund contributes to international and overnight trips (London Shakespeare trip, Utah Baccalaureate review, Model UN conferences) and initiatives that strengthen multicultural awareness and global citizenship skills, such as the People of Color Conference and Student Diversity Leadership Conference. The fees paid by parents for these activities do not cover the entire cost. The Senior Fund bridges the gap and helps financial aid recipients.

Donations to the Fund for FASNY from families with a senior student are automatically allocated to the Senior Fund. This gift is considered your donation to the Fund for FASNY.

 

5. What is the Alumni Fund?

A special fund within the Fund for FASNY, the Alumni Fund directly supports programs of continuing education for our faculty. It was launched in 2016 to honor the teachers who helped launch our young alumni into the world. The Alumni Fund is an opportunity for alumni to give back to their teachers.

 

6. What is the Olivia Tucker Scholarship Fund?

The OTSF commemorates the life of Olivia Tucker, a FASNY alumna who passed away in 2006. The Fund helps provide the FASNY experience to students who would not otherwise be able to attend for financial reasons, supporting the School’s goal of promoting economic diversity. This is a temporarily restricted fund: 100% of the funds raised are provided as scholarships to students in the following academic year.

 

7. How much should I give?

FASNY values every gift, regardless of amount, and we ask you to donate at a level that is meaningful for your family.

In 2016-2017, the average gift from parents was $968. The School received 36 major gifts of $2,500 or higher from parents, for a total of $215,040. They accounted for 49% of the total unrestricted funds received.

All gifts make a difference for our students. In 2016-2017, we received 126 gifts of $100 and under. A gift to the Fund for FASNY strengthens the school’s offerings to all our students.
 

8. What is the participation rate and why is it important?

The parent-participation rate measures the proportion of parents who contribute to the Fund for FASNY. Our participation rate indicates our shared commitment to our students and encourages outside funders, such as corporations and private foundations, to further invest in our educational goals.

Our goal for this year is 100%. This goal reflects the dedication and commitment that we see every day from FASNY parents.

As a benchmark, other leading independent schools in the region post parent-participation rates of 95%+. We need to show the world that our community is as committed.

 

9. What is the 1980 Society?

10. What is the role of the Gala in fundraising?

The Gala is the largest fundraising event held annually at the school. It is an evening of dining, dancing, and celebration of our shared values. Each year an honoree who aligns with the mission of the School is recognized at the event. The Gala offers our community an opportunity to come together and support the School through the purchase of tickets and donated auction items. Corporations and businesses also support the event, through sponsorship and donations of auction items.

The Gala is organized by our community volunteers and Gala co-chairs, who bring the mission of our school to life. Purchases of tickets, items, or services at the Gala do not count towards a donation to the Fund for FASNY, and the amount of the purchases is not fully tax-deductible.

During the Gala, funds are also raised to support the Olivia Tucker Scholarship Fund. Amounts donated to the Olivia Tucker Scholarship Fund at the Gala are 100% tax-deductible because they are not used to purchase a ticket, an item, or a service.

 

11. What is the difference between the funds raised at FASNY’s Gala and those raised for the Fund for FASNY?

The funds raised are all used to support FASNY’s educational mission, but there are important differences between Gala giving and Fund for FASNY giving. The fundraising priority is the Fund for FASNY. Dollar for dollar, you will make more of an impact on the lives of our students with a donation to the Fund for FASNY.

• Fund for FASNY

100% of donations to the Fund for FASNY go directly to enhance the students’ educational experience.

100% of the amount of the gift to the Fund for FASNY is tax-deductible for the donor because FASNY is a non-profit organization. Upon receipt of your cash donation to the Fund for FASNY, the school gives you a receipt for the IRS.

Gifts to the Fund for FASNY show community support. They inspire others to give.

• GALA

Funds gathered at the Gala do not go 100% to school. They first have to cover the costs of the event (venue, meals, etc.). Once those costs are covered, the remainder goes toward our students' educational experience.

Per IRS regulations, Gala-related purchases are not 100% tax-deductible for the donor because the purchases have a market value and they benefit the buyer.
Tickets and auction items purchased at the Gala are only deductible for the amount above the market value of the goods or services.

Donations to the Olivia Tucker Scholarship Fund are 100% tax-deductible because they do not involve purchase of any goods or services. The School provides an itemized receipt that states the charitable contribution portion of all purchases.