FAQs

How does annual giving impact the cost of tuition?

Charitable gifts nurture excellence in teaching and coaching at Benedictine. With tuition meeting less than full cost to educate a student, contributions to the Annual Fund provide that "margin of excellence" that characterizes a Benedictine education.

What does the Annual Fund support?

The Father Adrian Education Fund is the heartbeat of the school. Every dollar that is contributed to the Fund counts.

Tuition at Benedictine College Preparatory covers just 70% of the operating budget. Gifts to the Father Adrian Education Fund are used to purchase necessities such as library books, computer software and hardware, and music and art supplies. The Fund also provides financial aid to many deserving students, but we would like to provide much more.

The Fund also serves to supplement faculty benefit packages, so that Benedictine can attract and retain the best teachers, as well as finances the most basic services required to keep the school functioning- heating, air conditioning, and electricity. Your contribution will ensure our forward progress into our next hundred years, with greater growth and greater stability. A gift that you make to the Fund truly matters.

Who makes gifts to Benedictine and how do I make a gift to Benedictine?

Alumni, parents, grandparents, friends and members of the Richmond community all give to Benedictine. Unfortunately, our alumni giving rate to unrestricted and restricted funds is only 17%, and our parent giving rate is about 40%. This is significantly lower compared to our local peers (St. Christopher's is at over 50% for alumni giving and parent giving is around 80%). If every living alumni would make a gift of $100 each year to the annual fund, we would have $400,000 without making an appeal!

When can I make a gift?

Anytime! Gifts should be sent when it makes most sense for the donor and his/her budget. We operate on a fiscal year (July 1 to June 30) and ideally would like to receive gifts early in the cycle. This allows us to fund expenditures during the year. You can send in checks, cash, gifts of stock, or make an online gift with your American Express, MasterCard or Visa Credit Card.

What are the major needs of the school?

To further strengthen our course offerings, to enhance benefits for the faculty, and providing financial aid for qualified students, to name just a few of our priorities.

How to make a gift:

Check

You may make your gift to Benedictine by check. Please make your check payable to Benedictine College Preparatory. If you prefer this method, please mail your check to the following address:

Benedictine College Preparatory Annual Fund
12829 River Road
Richmond, Virginia 23238


Credit Card

You may make your gift to Benedictine using your AMEX, Visa or MasterCard. The easiest and fastest way to make a gift with a credit card is to use our Secure Online Form. You may also make a credit card gift by filling in the information on your Annual Fund pledge card and mailing it to the following address:

Benedictine College Preparatory Annual Fund
12829 River Road
Richmond, Virginia 23238

If you prefer to provide your credit card information via the telephone, please call Lori Schattner at 804-708-9511.

Stocks

Please consider a tax-wise gift of appreciated stock to Benedictine. Your charitable deduction will be based on 100% of the stock's value on the gift date. Giving gifts of stock is quick and easy. Please email or call Lori Schattner for instructions / 804-708-9511.

Can I make a Planned Gift?

Absolutely! Many have already remembered Benedictine in their estate plan. Please call the Advancement Office at 804-708-9511 to discuss your planned gift.

How can I leave a legacy?

A few examples are: to leave a gift in your Will, to name Benedictine as a beneficiary of your IRA or pension plan, to name Benedictine as the beneficiary of a new or existing life insurance plan, to make a Memorial gift, or to name something at the school or Abbey that will live in perpetuity.

Can I donate Stock?

Absolutely! Your attorney, stockbroker or financial planner can help facilitate this excellent way to leverage your giving.Please contact the Advancement office if you need assistance. 804-708-9511.

How are donors recognized?

All donors are listed in our Honor Roll of Donors (Fall Family News.) In addition, all contributors of $500 or more to the Annual Fund are invited the Cornerstone reception / celebration which takes place in the fall.

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