The Calhoun Annual Fund

Why an Annual Fund?

An annual fund at most independent schools serves as the philanthropic foundation of giving. Each year, schools rely on unrestricted annual fund contributions to provide special resources for students and faculty that support educational initiatives not covered by tuition alone.

Gifts to The 2020-21 Calhoun Annual Fund will strengthen our community by supporting the following programs and initiatives this year:

• Innovative and inclusive curriculum that inspires a passion for learning and values intellectual pursuit, creativity, diversity and community involvement.
   
• Financial aid to support students and families of diverse socioeconomic backgrounds.
   
• Diversity, equity and inclusion initiatives around teaching practices, curriculum, employee recruitment and more, as outlined in our Anti-Racist Action Plan.
   
• Faculty training to ensure that our educators deliver an impactful Calhoun education via online and in-person learning.
   
• A physical campus that prioritizes the health and safety of our students, faculty and staff through upgrades such as new furniture, partitions, ventilation upgrades, hand washing stations and cleaning equipment.
   
• 20,000 square feet of rented, additional classroom space at Redeemer Presbyterian Church on 83rd Street, our biggest new expense this year.
   
• Additional health and safety measures including nursing coverage at 74th Street and a robust COVID-19 testing and screening program.
   
• Virtual and in-person athletic programming that promotes self-awareness, teamwork, empathy and resilience and that empowers students with leadership skills they can use both on and off the court, field or track.
   
• Experiential arts programming that makes the learning process more engaging, encourages creative problem-solving and risk-taking and demonstrates the interconnectedness of knowledge across disciplines.
   
• Technology resources to provide robust online learning infrastructure such as Zoombots and specialized subscriptions to platforms like Zoom and Seesaw.
   
• What Calhoun needs most throughout the year, including unbudgeted costs that may arise and extraordinary expenditures directly related to COVID-19.

Learn more about how The Calhoun Annual Fund strengthens and unifies our community.

CARES Act

The Coronavirus Aid, Relief and Economic Security (CARES) Act has introduced new opportunities for charitable contributions to nonprofit institutions, including Calhoun. CARES allows donors who itemize deductions to deduct 100% of cash charitable gifts in 2020 (up to the full amount of your 2020 adjusted gross income). For individuals who take the standard deduction (rather than itemizing), the bill makes a new deduction available, as well; up to $300 in annual charitable contributions (cash or stock) may be directly subtracted from your gross income.