Number: 3.44
Title: Annual Fund and Capital Campaign
Approved: November 2020
Supersedes: NEW
Dated:
The school receives additional funding from the Annual Fund and contributions to Capital Campaigns. The Annual Fund consists of contributions made by the school’s community of faculty, staff, parents, and alumni in response to an annual solicitation for donations. The Annual Fund donor may designate a specific use of the donated funds or make an unrestricted gift to the school. Designations of a specific use include: Student Scholarship support through the Tuition Reduction Program (TRP), Endowment Fund support through the FIS Foundations, and an unrestricted giving option that allows the school to direct the funds most appropriately.
The school may receive additional funding from contributions to a Capital Campaign in addition to its Annual Fund solicitation to support the construction or improvement of FIS facilities or a significant program enhancement. A Capital Campaign is a fundraising initiative for capital projects generally spanning 3-5 years and typically includes soliciting funds from both the school and business community.