We are delighted to share with you the many ways alumni, parents and friends support Saint Edward’s School. An independent school, governed by a Board of Trustees, Saint Edward’s is a tax-exempt 501 © 3 not-for-profit organization. Our mission is child-centered and all of our fund-raising efforts support our educational mission. Our operating revenue comes from tuition and fundraising and is supplemented with interest drawn from our endowment every year.
Tuition dollars cover approximately 90% of the actual costs of attending Saint Edward’s and an additional 10% is raised from alumni, parents, grandparents, faculty and staff, and friends every year to fill the gap between tuition revenue and expenses. These gap dollars are called Annual Funds and in this sense every child at the school is a beneficiary of the financial aid raised by the school. Additional dollars are contributed each year by donors to directly benefit financial aid for students.