Why are contributions to the Hackley Fund important? Doesn’t tuition cover the cost of my child’s education?
There is a gap between the tuition dollars the school receives and the actual costs of operating the institution. At Hackley, tuition and fees cover approximately 84% of our annual operating costs. Hackley is not unique in this regard. Most independent schools seek to limit tuition costs and bridge the resulting budget gap with philanthropy.
How much should I give?
Gifts of any size are appreciated and make an impact. Hackley Fund gifts range from $5 to $50,000+. We only ask that you consider giving as generously as you are able. Participation is more important than the amount you give, and every gift counts equally when it comes to participation.
Why does my participation matter?
Should I make a gift to the Hackley Fund every year?
We ask every member of our community to participate in the Hackley Fund every year because the Fund provides more than 7% of our yearly operating budget.
Are gifts to Hackley tax deductible?
Hackley School is an exempt organization as described in section 501 (c) 3 of the Internal Revenue Code, and gifts are tax deductible to the fullest extent of the law. Gifts of appreciated stock may offer additional tax benefits. Donors will receive an acknowledgment and receipt for their taxes.