Your Annual Fund Dollars Impact Micds Annual Fund
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The MICDS Annual Fund at a Glance The 2007-2008 MICDS Budget: Operation Cost: Tuition revenue:
$25,000,000 $17,000,000
*there is a gap of $1,800 between tuition and the actual cost of educating a student at MICDS *tuition only covers 80% of the operating budget *72% of Budget: Faculty and staff salaries and benefits
Annual Fund revenue: $2,193,000
How your Annual Fund dollars impact MICDS
Participation Percentages: MICDS Parents: 86% Alumni: 26%
National Averages 66% 15%
Annual Fund Information: The Annual Fund is one of the largest sourcesof direct yearly operating costs. These operating costs include: 1. 2. 3. 4. 5. 6.
Library Books Technology Equipment Financial Aid Classroom Budgets Faculty and Staff Salaries and Benefits
Giving Information: Gift ranges: $5.00 – $20,000 *parents are encouraged to give at the MICDS society level to cover the gap between tuition and educating students
Pledges: A commitment to support the Annual Fund. This allows you to make recurring payments from the date of the pledge until the end of the fiscal year (6-30-2009). Check & Credit Card: American Express, Visa, Master Card, and Discover are accepted. Stock: Own long-term appreciated stock? Transfer that to MICDS to receive a charitable tax deduction for the fair market value and avoid long-term capital gains tax.
Benefits of an MICDS education: • • • •
Our graduates attend some of the most prestigious universities around the world. 116 alumni live in 32 different countries around the world. SAT/ACT scores consistently exceed national averages. Each student discovers his or her full potential and exceeds beyond expectations
Why give to MICDS? •
Help transform today’s students into tomorrow leaders
• •
Help attract and retain a world class faculty Help sustain the strong reputation and future of MICDS for years to come
$25,000,000 $17,000,000
*there is a gap of $1,800 between tuition and the actual cost of educating a student at MICDS *tuition only covers 80% of the operating budget *72% of Budget: Faculty and staff salaries and benefits
Annual Fund revenue: $2,193,000
How your Annual Fund dollars impact MICDS
Participation Percentages: MICDS Parents: 86% Alumni: 26%
National Averages 66% 15%
Annual Fund Information: The Annual Fund is one of the largest sourcesof direct yearly operating costs. These operating costs include: 1. 2. 3. 4. 5. 6.
Library Books Technology Equipment Financial Aid Classroom Budgets Faculty and Staff Salaries and Benefits
Giving Information: Gift ranges: $5.00 – $20,000 *parents are encouraged to give at the MICDS society level to cover the gap between tuition and educating students
Pledges: A commitment to support the Annual Fund. This allows you to make recurring payments from the date of the pledge until the end of the fiscal year (6-30-2009). Check & Credit Card: American Express, Visa, Master Card, and Discover are accepted. Stock: Own long-term appreciated stock? Transfer that to MICDS to receive a charitable tax deduction for the fair market value and avoid long-term capital gains tax.
Benefits of an MICDS education: • • • •
Our graduates attend some of the most prestigious universities around the world. 116 alumni live in 32 different countries around the world. SAT/ACT scores consistently exceed national averages. Each student discovers his or her full potential and exceeds beyond expectations
Why give to MICDS? •
Help transform today’s students into tomorrow leaders
• •
Help attract and retain a world class faculty Help sustain the strong reputation and future of MICDS for years to come
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