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ECFS Giving Glossary
ECFS Giving Glossary ECFS’s vibrant and world-class progressive education is made possible by the commitment of our community. Gifts of all sizes support the important work we do today and strengthen our School’s legacy for tomorrow. Here are definitions of some of the terms used when referring to philanthropic giving.
Capital campaign: A major fundraising campaign conducted over several years. A capital campaign raises substantial funds to finance major endeavors such as construction, renovation, or financial aid. The Advancing Our Mission Capital Campaign concluded in the 2021 fiscal year. Endowment and named funds: A permanent fund that is invested to produce income. An endowed gift supports academic programs or financial aid in perpetuity. The principal of each endowed gift is preserved while the earnings benefit current students, faculty, staff, and programs. Donors can establish named funds to express their support of ECFS’s academic excellence or in support of a specific department, program, or purchase. Such funds require a minimum gift amount and are often created in honor of one’s family name, a relative, or a beloved ECFS teacher or administrator.
Form VI Gift: Traditionally given to ECFS by parents and guardians in honor of their children in the graduating class, these gifts are split between the Orange Fund and a selected fund, such as financial aid. Gifts in kind: Nonmonetary gifts that would otherwise have to be purchased by the School. These donations must be preapproved by the division heads or by the Advancement office. Matching gifts: Matching gifts help multiply the impact of money raised by matching the donation with an equal gift made by corporations, foundations, or individuals. ECFS receives approximately $150,000 in matching gifts annually. Please check with your employer to see if your company participates.
