How exactly does giving at MAC work?
MAC plays a significant role in the lives of our families. Like all independent schools, MAC relies on family support—time, treasure, and talent—to provide exceptional student experiences. Participation is the most critical aspect of annual giving as it shows strength in our school community.
Each year, the Great Thinks Annual Campaign takes place in the fall. MAC looks to our Board members, current parents, and past parents for these essential tax-deductible gifts. The collected funds then support specific strategic needs to improve and stabilize our school.
Each spring, MAC will host its annual Gala where proceeds purchase materials, equipment, and supplies that directly benefit our students. Occasionally, MAC will have specific campaigns, such as the capital campaign that finished last year. The generosity of our community allowed us to complete the playground and invest in art and music equipment.
What will I be asked for and when?
Thank you, first and foremost, for your support! You will be asked to make a pledge to the Great Thinks Annual Fund in the fall; please remember that whether you give $5 or $50,000, the most important thing is that everyone gives something. You can make a pledge in the fall (we ask for all pledges to be made by December 31st) and pay it in installments or make a single payment by May 31st. One great option that makes your dollar stretch further is to pledge early, then pay your pledge on Colorado Gives Day in early December.
With regard to the gala, we have benefited greatly from family volunteers organizing this event. If you would like to get involved, please let us know! Most of our items come from a variety of Denver businesses, but families sometimes enjoy donating goods as well. We want you to join us for this not-to-miss night of MAC community and camaraderie!
Where do my tuition dollars go?
At MAC, tuition is the revenue that our school must charge per student in order to offset the expenses necessary to run our school. While many established independent schools have endowments, investments, and large gifts that offset the cost of tuition, MAC is a young school that relies solely on tuition and fees for teacher salaries and benefits, Montessori materials, building mortgage and expenses, and state licensing requirements.
MAC hires more teachers than other independent schools without early childhood programs to maintain outstanding student teacher ratios. Thus, our payroll is the largest percentage of our budget. We are thankful to have such a large and incredible staff at MAC.
Why are families being asked to give a gift when they are already paying tuition?
This is a great question! While tuition enables us to meet our basic costs, we use giving to go above and beyond, like making MAC an amazing place for our teachers. By using fundraising to meet specific strategic goals, everyone benefits as families give what they can and get tax benefits for doing so. One incredible incentive is that every gift to MAC is eligible for the Colorado State Childcare Tax Credit, a 50% credit on your state taxes. Depending on your tax bracket, each dollar you give to MAC can cost you as little as 30 cents. Talk to your tax advisor for more information, but know that this is a significant advantage over just increasing tuition.
We take the responsibility of stewarding your money very seriously, and commit that every dollar we raise will be reflective of the MAC mission and used with gratitude and thoughtfulness. We also promise to communicate with transparency and regularity how each dollar we raise is being utilized.
Is there a way that I can maximize my gift?
Many workplaces offer matching gifts for their employees. This is a wonderful way to double your gift to MAC! Just check with your employer to find out if they participate in such a program.
How can I ask questions or find out more?
We would love to talk with you! Please contact Beth Suitor (firstname.lastname@example.org).