GAYNOR FUND VS. CAPITAL GIVING: WHAT IS THE DIFFERENCE AND WHY DOES THE STEPHEN GAYNOR SCHOOL NEED BOTH?

THE GAYNOR FUND

The Gaynor Fund donations are yearly gifts that make up the difference between tuition and the cost of operating the school. These gifts are received and applied within the current year. They are designated to provide support for the school’s ongoing needs, including maintenance, supplies, and financing the salaries of its employees. These gifts are unrestricted, which means that the donor gives the school’s administration jurisdiction over how the funds are best distributed.

For example, if you donate to the Stephen Gaynor School’s Gaynor Fund, the School will use your unrestricted gift wherever the needs and opportunities are greatest. Your gift may go towards building maintenance, ordering school supplies, or the salaries of our teachers and specialists, to name a few possibilities.

CAPITAL GIVING

Capital Giving refers to gifts given outside of the Annual Fund. Capital gifts contribute towards a certain goal. They are designated to a specific program or financial plan, and the giver retains discretion over where the gift is applied. Capital gifts may be pledged in full and then paid over a predetermined number of years.

If you make a Capital gift to the Stephen Gaynor School, your donation will go to our current Capital Campaign, Building for the Future. This is the concentrated fundraising effort to raise the remaining funds for our upcoming move to the new building.