Frequently Asked Questions
Annual Giving - The Langley Fund
- What is The Langley Fund?
The Langley Fund is the school’s annual fund and most important source of revenue, aside from student tuition. It is a vital part of the annual operating budget, contributing to every part of the school’s operation, including fine arts, athletics, technology, professional development, and financial aid.
- Is annual giving unique to Langley?
No. Independent schools have long relied upon the generosity and loyalty of their constituencies. Very few, if any, independent schools meet full operational costs with tuition alone. The Langley Fund bridges this gap.
- Why doesn’t the school charge enough to cover operating costs?
If tuition was increased to cover the actual cost of all programs, many could not afford to send their children to our school.
- What is the difference between annual giving and a capital campaign?
Capital campaigns are conducted periodically to provide significant funds for additions to endowment, construction, renovation, or extensive equipment purchases. Contributions are generally pledged over three to five years. Annual giving is designed to offset annual operating expenses; if the gift is pledged, it is payable – and spent – by the end of the academic year.
- How do I make a gift of stock?
Click here for instructions to make a securities transfer to Langley.
- May I make my gift(s) anonymously?
Yes. When you send in your contribution, be sure to let us know that you would like to be anonymous and we will be happy to honor your request.
- Is it possible to make a gift in memory of someone or to honor a former teacher or coach?
Certainly. We will be happy to discuss either of these options with you. The family will be notified of the gift, if appropriate.
- My company offers a matching gift program. Does Langley participate in corporate matching gift programs?
Absolutely. Matching gifts are an easy way to double or, in some cases, triple your gift to the school. Please let us know when you contribute that your company offers matching gifts.
- Is my gift tax-deductible?
All contributions are fully tax-deductible according to IRS guidelines. Upon giving a gift to Langley, you will receive a gift receipt that you can use for tax purposes. Please check with your tax advisor for details regarding your individual circumstances.
- What is Langley’s EIN (Tax ID) Number?
- Can I make a gift for a specific purpose or to support the endowment?
Certainly. If there is a specific project you would like to fund, please let us know. Generally, endowment funds may be established to support scholarship, faculty salaries and professional development, and specific academic, athletic, and co-curricular programs. The principal of endowed funds remains invested and untouched in perpetuity, generally with five percent of the invested amount being used each year in operations for the intended purpose, should the returns and valuation permit. Many donors choose to honor or memorialize a family member, friend, or faculty member through the naming of endowed funds. Click here to learn more.
- May I make a deferred or planned gift?
Yes. Your support makes the difference in securing the future of The Langley School. Opportunities for planned giving include bequests, gifts of retirement assets or life insurance, charitable gift annuities, remainder trusts, and lead trusts. Click here to learn more.
- What is the spring auction and will I be asked to participate?
The annual spring auction is a great community building activity and is one of the school’s primary fundraising initiatives. All funds raised help to offset current-year operating expenses such as faculty and staff salaries, student financial aid, and academic and extracurricular programs. We hope that you will choose to participate in and support the fundraiser by attending the event, donating an item for the online or live auctions, or serving as a volunteer. A special component of the evening, “Raise the Paddle,” invites support for our professional development program.
- May I volunteer my time?
Yes. Volunteers are crucial to our success. Please contact the Development Office if you would like to volunteer or discuss creative ways in which you may become involved.
We celebrate and sincerely appreciate the generosity of those who support The Langley School. As you consider a gift in support of the school and its initiatives, please keep in mind that all gifts – regardless of size – make a difference. It is the collective effort that supports and sustains our community.
For additional information, please contact Head of Development Jinene Christian at (703) 848-2785 or firstname.lastname@example.org. Thank you for your interest.