Annual Fund Frequently Asked Questions
What is the Annual Fund?
The Annual fund is essential as it supports the school's current fiscal year's operating budget. When you give to the Annual Fund, you can be sure your gift is helping the students right now!
Why should I give?
Your gifts help fund computers, printers, software, lab and classroom supplies, financial aid, PE equipment, arts programs and library resources.
Doesn't tuition cover these expenses?
Yes, but only partially. Tuition covers about 87% of the cost of educating a student at Hualalai Academy. This is in line with most independent schools
How is the remaining 13% covered
To run the school every year, we depend on annual gifts from board members, parents, faculty, staff and friends of the school. The remaining funds are generated by grants and fundraising events.
What is the Annual fund goal?
Our 2011/2012 goal is $90,000 and 100% participation. All members of of the school community, board members, parents, faculty, staff and friends are asked to support the students and the school's programs with a gift to the Annual Fund.
Why does my participation count?
Many foundations and major donors only fund schools that can demonstrate wide support from their own board members, parents, faculty and staff. In addition, costs for running a school and providing a strong academic program increase every year. To keep fiscally healthy, the school needs everyone's participation.
Does a small gift make an impact?
YES! Your gift, combined with those form others, provides substantial support for the ongoing operations of our school. Every gift shows support and is appreciated.
What are matching gifts?
Matching gifts are company sponsored benefits that match an employee's personal gift. Simply obtain a matching gift form from the company's human resources office and send it to us along with your gift. We will take care of the rest.
Company matching gifts are a great way for donors to maximize the impact of their gift.
How do I give a gift?
Tax-deductible gift may be made by cash, check, securities, or online by going to the Annual Fund Donations page.
Gifts of appreciated stock allow you to save capital gains tax while receiving a tax deduction for the current value of the stock. Please contact Mary Jo Bye at the Hualalai Academy business office (808-326-9866) for information on how to transfer stock to Hualalai Academy.
How much should I give?
Everyone's ability to give is different, and every donation from $5 to $5,000,000 is honored. What is important is that you give - foundations, businesses, and other such potential funders are always interested in how the faculty, board, parents, alumni, and community at large support our school. Your contribution shows that you are committed to Hualalai's success and your stewardship places the school in a better position to receive these highly competitive funds.