What are the Campaign Priorities?
Sure Foundations is University Liggett School’s comprehensive campaign to raise $50 million. Every gift made to the school since 2012 counts toward this campaign, including gifts to the Annual Fund. The campaign can accept pledges over five years and gifts made through estate plans.
This comprehensive campaign supports these key priorities:
To invest in capital projects through the construction of new athletic fields and facilities
to increase our endowment to support outstanding faculty, robust student experiences and support excellence and scholarship to raise annual operational support
What does the Annual Fund do?
The Annual Fund enhances academic and extracurricular programs, supports faculty enrichment and helps fund the operating expenses of the school. It does not pay for administrative staff, financial aid or scholarships.
Why do you ask for money from parents and alumni? Parents already pay tuition.
The Annual Fund makes up the difference between tuition and the actual cost of a University Liggett School education. Tuition covers just 75 percent of the school’s costs.
How does the capital campaign impact the Annual Fund? Are they at all related?
The Sure Foundations campaign is a comprehensive campaign, which means that all gifts – including those to the Annual Fund – count toward our $50 million campaign goal.
But there is an important difference between capital gifts and gifts to the Annual Fund. The Annual Fund supports the current operating budget, while gifts toward the capital (buildings and fields) and endowment support longer-term projects.
How can I leave a lasting gift to University Liggett School and the Campaign?
There are many ways to leave a lasting impact on University Liggett School and be a part of this campaign. One way is through planned giving.
Planning a gift in your estate now helps to secure our future. There are many options to consider including putting the school in your will.
To learn more, contact Cressie Boggs at email@example.com or 313-884-4444, Ext. 413.
What is an endowment?
An endowment gift is a financial gift that is held in perpetuity. The principal of that gift is invested and the investment returns are used. An endowed fund can be restricted or unrestricted. A restricted fund is one that a donor set up for the purpose of it going to something specific – for instance, a scholarship. An unrestricted fund can be used for anything the school determines is its most pressing needs.
How can I create an endowed fund?
Please contact Cressie Boggs at firstname.lastname@example.org or 313.884.4444, Ext. 410.
How do University Liggett School faculty and staff contribute?
The commitment of University Liggett School's faculty, staff and Board of Trustees to the school is evident – every one of them has made a gift to the Annual Fund. Again this year, Liggett has received 100 percent Annual Fund participation from faculty, staff and Board of Trustees.