Frequently Asked Questions

Understanding the details of Variable Tuition

Supporting Steward50

Frequently Asked Questions

Why is the campaign named Steward50?
We are looking forward to The Steward School’s 50th anniversary in 2022; it will be a landmark event. For more than 45 years, Steward has built a reputation as being the best small school in Richmond, due in no small part to its history of generous donors. We have launched the Steward50 campaign to ensure that Steward remains great for the next 50 years and beyond. As part of our campaign work, we will be celebrating Steward stories of the past and present as we look toward the future.

Who is being asked to give to the campaign?
The entire Steward community will be asked to support the campaign including the Board of Trustees, Foundation Board, faculty and staff, parents, grandparents, alumni, alumni families, and friends. During the campaign, all community members will be asked to make Steward a philanthropic priority to ensure its success.

What are the funding components to the campaign?
Steward50 is a comprehensive campaign made up of three components: Annual Fund, Capital Expenditures, and Endowment.

  • Annual Fund (10% of campaign total)
    • This is a way to support the daily operations at The Steward School.
  • Capital Expenditures (20% of campaign total)
    • Supporting this area allows for grounds improvements – most notably, the extension of the colonnade, updates to the HVAC system in several buildings, and an upgrade to the service road that will provide better emergency access to the furthest athletic field.
  • Endowment (70% of campaign total)
    • Gifts to this fund provide a permanent source of revenue that supplements tuition and annual giving. It operates as a “savings account” from which Steward uses a percentage of the interest to help support its priorities and programs.

What is the current size of Steward’s endowment?
Currently, Steward’s endowment totals just above $16.5 million.

How can I make a gift?
There are many ways for you to make gifts to The Steward School. Please contact Development Director Shawn Morrison at Shawn.Morrison@stewardschool.org to discuss specifics. Some options include online payments with debit/credit card, gifts of appreciated stock, checks by mail, matching gifts, and planned gifts.

What are the payment schedule options?
Donors may fulfill their pledges in a single payment or in installments over the course of three years. Payment schedules include monthly, quarterly, or annual installments. If a donor chooses to fulfill a pledge in installments, payments are due annually by the end of our fiscal year – June 30.

Are there named giving opportunities?
Donors have several naming options at Steward ranging from classrooms to scholarships and professorships to athletic facilities. Please contact Development Director Shawn Morrison at Shawn.Morrison@stewardschool.org to discuss available options.

Are there giving levels?
There are several recognition levels reflecting support of the Steward50 Campaign. Gifts and multi-year pledges of $10K and above will be acknowledged as leadership donors.

May I restrict my gift?
Gifts may be restricted as long as they count within the broad parameters of the campaign components and within the appropriate giving thresholds for restricted gifts to the campaign. We partner with our donors to identify the area that is of most personal interest to them to support.

May I give anonymously?
Donors have the option of having their contributions remaining anonymous, which includes omission from honor rolls and other gift acknowledgment publications.

When did the last campaign end, and how much was raised?
The Building a Legacy Capital Campaign ended in 2011 and secured more than $10 million.

If I make a campaign pledge, will I still be solicited for an Annual Fund gift?
Steward50 is a comprehensive campaign, which includes the Annual Fund. Donors will not be solicited for an Annual Fund gift while they are paying an open campaign pledge according to the payment schedule. Donors will still be asked to participate in campus initiatives such as the Giving Games, Pancakes for a Purpose, Spartan Club, and Premier Partners.

How can I volunteer to help the campaign?
Beyond your personal giving, there are many ways to get involved including hosting events, promoting the campaign within your networks, and joining the Annual Giving Committee to help encourage current family participation. To learn more, contact the Development office at Development@stewardschool.org or (804) 740-3394, ext. 2304.

 

 

 

 

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