Annual Fund: Schools have annual funds to cover the difference that exists between operating expenses and revenue collected from tuition and fees.
Because SouthLake's tuition is set to cover operational costs, The Annual Fund exists specifically to raise money for items specifically designated by the School's Executive Steering Committee that will enhance student's overall environment and experience. Areas of concentration include funds to enhance the need based scholarship fund, fine arts, acceleration of technology initiatives and media science (i.e., library) enhancements.
Endowment Funds: An endowment enables a donor to invest gifts for the long-term growth and fulfillment of SouthLake's vision. Without impacting the principal, the school will be able to use interest earned on such gifts as a recurring and available source of funding for strategic programs regarding curriculum, facilities or financial aide.
Planned Giving: In many cases, a deferred gift enables a donor to make a more significant contribution than would be possible through an outright gift. Planned gifts can help increase tax savings or reduce the size of a taxable estate. You can provide for your family and ensure that SouthLake students reach their achievement through the continue excellence at SouthLake. SouthLake has established a special club called Foundational Leaders to recognize individuals who support the school through planned gifts such as bequests, irrevocable trusts and life insurance. We invite you to join this special group of friends who have included SouthLake in their estate plans.
Capital Campaigns: The SouthLake Board of Trustees and administration will continue to oversee the strategic planning and assess the needs for new facilities on our campus. Capital campaigns will be used to raise dollars to expedite construction of new facilities and renovate existing buildings.