Frequently Asked Questions About Pingry Development


What does my Annual Fund gift support?
The mission of the Annual Fund is to provide the Pingry School’s general operating budget with unrestricted funds by soliciting yearly gifts from all members of the Pingry community. The success of the Fund ensures that Pingry continues seeking excellence in its classrooms and playing fields in ways that tuition alone cannot totally provide.

When can gifts be made to the Annual Fund?
Gifts can be made at anytime. Please visit our ways of giving section of our website.

What is the difference between making a gift to the Annual Fund and a capital gift or endowment gift?
The financial support which Pingry parents, alumni, grandparents, faculty/staff and other friends is essential for both the annual operations of the school and its long-term financial stability. Each year, members of the Pingry community are asked to support the School through a gift to the Annual Fund, and may also be invited to support our endowment and building projects through a capital gift.

What is an endowment?
The Pingry endowment is a substantial resource for the School thanks to the generosity of alumni, parents and friends and the prudent fiscal management of the Board of Trustees. Income from the endowment as well as the Annual Fund supplements tuition income and provides regenerating resources for long-term needs, including faculty compensation and development, scholarships and special programs.

What is the size of the endowment?
As of the fiscal year end June 30, 2002, the endowment was $41,182,874.

What are the benefits to a donor of Planned Giving?
See the Planned Giving page for more information.

What are the different ways that gifts can be made?
Please visit the Ways to Give section of the website for further information.

Why does The Pingry School fundraise, isn’t tuition enough?
Even full tuition pays for only 82.8% of the actual cost of educating a student at Pingry. To cover the remaining 17.2%, Pingry relies upon endowment income and Annual Fund support.

What if I need additional information?
You may contact an individual member of the Development department by viewing the Staff Directory page.