The annual appeal is a key source of revenue for Cedarwood. Each year, we ask every parent to make a tax-deductible gift that will help offset the cost of our programs. Our largest costs at Cedarwood are staff salaries, financial aid and the maintenance and debt service for our hundred-year-old historic building and new wing.
A Letter From Brewster Crosby, Board President
Dear Cedarwood Community,
This year, as we embark on Cedarwood's annual appeal, we turn to what is important to us: family, community and our children's education.
Central to the mission of Cedarwood is bringing children together to engage in artistic expression and the study of the arts, science, math and diverse cultures. I believe now more than ever that our educational approach enables and empowers our children to thrive in a world of complex change and opportunity. We do this through exceptional programming that provides a warm, nurturing environment in which students develop into well-rounded critical thinkers who will make the world a better place.
To achieve this mission, we must continue to invest in our school, our faculty, our building and, most importantly, our children. Our goal for the 2016 Annual Appeal is to raise $140,000. This money will go toward Cedarwood's two largest areas of investment: staff compensation and tuition assistance. To meet our goal, we need to raise nearly $500 per student! We know many families cannot afford that sum, so we ask those who can to give according to their capacity.
As our staff continues to face the challenge of the rising cost of living in Portland, we need your support to compensate them fairly for the work they do. We recognize that paying tuition is a challenge for many families, and so we provide tuition assistance to attract and retain families of diverse backgrounds and income levels.
I am pleased to announce that one grandparent, who recognizes that supporting Cedarwood is a healthy, appropriate response to concerns about the future, has stepped up to launch this year's appeal with a gift of $10,000. This is an extraordinarily generous investment in our community and the fabric of our larger society.
I hope you will join my family and match the spirit of this gift to the annual appeal. Help us ensure that Cedarwood continues to be the foundation for an education that stands for equity, inclusion and respect for those in Portland and in our global community.
Your annual appeal gifts in 2016-17 help to:
- Strengthen our tuition assistance program and continue to promote economic diversity by keeping our tuition low.
- Broaden and strengthen our staff development. At Cedarwood we have a strong faculty development program. Maintaining, training and hiring the best faculty is one of our top priorities.
- Accelerate our debt payment. Cedarwood is in a strong financial position, and we would like to build on that strength by accelerating debt reduction.
Cedarwood has made enormous gains in enrollment and financial strength over the past five years. Part of that growth has come from fundraising, which has increased as parents express their love for the school by giving generously.
- I already pay tuition. Why are you asking for more money?
- What if I don’t like the pressure or the phone calls?
- Can I pay online or with a credit card? Can I pay over time?
- Can I donate stock? Can my employer match my gift?
Our goal is to keep tuition as low as possible and have a diverse student body from a wide range of income levels. During the annual appeal, we are essentially asking those families who have the ability to pay more for their children’s education to do so and for those who can give a little to do that so we can reach our goal of 100 percent community participation.
We have two goals during the annual appeal: The first is to raise $140,000 to cover this year’s financial obligations and strengthen our programs, and the second is to have every family and employee contribute. When we reach outside the community to ask for grants and loans, one of the first questions we are asked is, “How strongly does your community support the school?” There are many ways to contribute, but the clearest way to measure this support is through financial contribution. We don’t necessarily enjoy pressuring parents or spending evenings at fundraising meetings and phoneathons, but we do it because we love our school.