FAQs

Frequently asked questions and answers that may help you understand Foote’s giving programs.

Click on each question below to reveal the answer:

 

Why does Foote ask parents and alumni for financial contributions?

Giving to the school builds a strong community. Because Foote is an economically diverse community, we value contributions at every level. Taken together, these contributions reflect enormous support for the school.

Why must money be raised each year in addition to the tuition?

Foote tuition covers just over 90 percent of the cost of educating a student. The Foote Fund – along with the income from the school’s endowment – bridges the gap between tuition income and the actual cost of operating the school.

What is the Foote Fund?

The Foote Fund is a tax-deductible opportunity to support your school. Starting on July 1 and ending on June 30 each year (not the calendar year), the Foote Fund raises money that becomes part of the operating budget. It pays for:

  • books and computers in the Perrine Library
  • teachers' salaries
  • the cost of the field trips that make lessons come alive
  • microscopes in the science lab
  • soccer balls and lacrosse sticks and much, much more!

All members of the Foote School community are encouraged to participate by contributing to the Foote Fund each year.

What is a matching gift?

The company you work for may match your gift to a non-profit organization such as Foote, and you get credit for it!  You must ask your employer for the form.

What is the endowment?

Endowment funds are similar to savings accounts that generate income from the investment of the principal. For example, a gift to the Jean Lamont Scholarship is placed in the endowment, allowing it to grow and produce income. The principal is not touched. A gift to the endowment is NOT a gift to the Foote Fund.

What is capital giving?

Periodically, the Board of Directors identifies projects that require large sums of money. Foote's last capital campaign raised $12 million, part of which funded the purchase of 3.8 acres of contiguous property for a new regulation-sized playing field. The campaign also funded the construction of the Jonathan Milikowsky Science and Technology building for the middle school, and the renovation of the Middle School Building. The previous campaign raised money to enlarge the Hosley Gymnasium, build the Sandine Theater, and add new classrooms for art and music.

What is the difference between annual giving and capital and/or endowed giving?

The Foote Fund is used for annual expenses. Capital and endowed funds are used for building and special projects. The Foote Fund helps us sustain our outstanding program. Capital funds help us grow.

How can I make a gift to the Foote Fund?

It's very simple; use the method that is easiest for you:

  • Give online, using our secure server.  Click here.
  • Call the Development Office at 203-777-3464 and use your credit card to make a gift.
  • Write a check and send it to the Development Office, The Foote School, 50 Loomis Place, New Haven CT 06511.
  • Contact  Ann Baker Pepe  (203-777-3464) for information needed to transfer stock to Foote or with any questions you may have.