Annual Giving

The Annual Fund

The Annual Fund provides immediate and current-use support to the School. That immediately spendable funding supports The Hive’s yearly operating budget, including: 

• Athletics 
• Art and Music 
• Counseling 
• Experiential Learning 
• Faculty
• Financial Aid 

The Annual Fund is essential to annual operations: every $400 given to The Hive is equivalent to the income generated by $10,000 in endowed funds. While we hope all donors will make annual unrestricted gifts, you may direct your gift for a specific purpose if so desired.

 

The Power of Participation

Each gift to St. Benedict’s Prep, regardless of size, makes a powerful statement about the transformative education the School provides. Participation is as important as the amount you give. Many small gifts add up to a large gift. Last year, the Annual Fund received more than 2,500 gifts of less than $1,000 and they amounted to more than $575,000 in immediately spendable funds for SBP.

 

Recurring Gifts

Gifts to the Annual Fund are used in the year that they are given and have immediate impact on the School. For that reason, it is important to make a gift to the Annual Fund every year. To ensure that they are counted each year, many donors elect to set up a recurring gift. Recurring gifts are processed on the 28th of every month and an equal amount will be charged each period, allowing donors to maximize their investment by spreading it out over time.

To set up a recurring gift, click here, or call Lauren Alampi, director of annual giving, at (973) 792-5785, or email lalampi@sbp.org.