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A Tradition of Philanthrophy
More than three centuries ago, William Penn envisioned a school available to all students, regardless of economic means. To accomplish this goal, Penn asked his wealthy contemporaries to support students for whom the price of an education would have been out of reach.

Penn Charter continues to rely upon the generosity of our alumni, parents and friends to keep tuition at a reasonable level and encourage the socioeconomic diversity that is central to the mission of the school.

This tradition of philanthropy thrives at Penn Charter, as evidenced by the recent, successful completion of our $47 million Frameworks for the Future capital campaign.

Giving to Penn Charter makes an immediate difference in the lives of our faculty and students. A gift also can provide tangible and intangible personal benefits: a gift can impact tax benefits and potential retirement security, and it can provide immense satisfaction to invest in education, in the lives of young people, and in the future.

Penn Charter's ongoing fund-raising initiatives consist of four distinct programs:

Annual Giving: The school's #1 fund-raising priority, the Annual Fund provides significant and immediate annual revenue to fund our highest priorities. The Annual Fund allows for a flexible response to the school's needs; it builds up the school's "checking account" of expendable monies and allows the school to preserve its endowment or "savings account" for sustainability of Penn Charter for generations to come.

Capital Gifts: Following the enormous success of the Frameworks for the Future campaign, Penn Charter will continue to encourage large, one-time capital gifts toward major building or endowment projects at the school. We are currently accepting gifts toward the completion of our David L. Kurtz Center for the Performing Arts.

Endowed Funds: Penn Charter manages its endowment - which totaled $53 million in Fall 2007 - as a private individual might manage a savings account: The principal is invested, and the money realized by those investments is available for spending or for further savings.
Each year, Penn Charter uses endowment earnings to pay for more than 7 percent of the school's operating budget, thus significantly reducing the amount of tuition the school would need to charge to pay for the cost of the program. The remaining return on investment is added to the principal so it can continue to grow.
A considerable portion of Penn Charter's endowment is comprised of 249 separate and distinct endowed funds. Of these funds, half are designated specifically to support financial aid or faculty salaries. For a complete list of all the named endowment funds, please click here.

Planned Giving: These gifts provide general and endowment support to Penn Charter through bequests, annuities, and charitable remainder trusts.

Giving to Penn Charter is a way of showing loyalty to the school. Both alumni and parent participation are a powerful statement about our community's commitment to Penn Charter. Thank you for your support and trust in our school.

Jack Rogers
Chief Development Officer

 

 

 

 



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Last Chance for 2007 IRA Gift
The Pension Protection Act of 2006 offers one more chance during 2007 to transfer up to $100,000 from individual retirement accounts (IRA's) to Penn Charter without realizing the distribution into taxable income. To qualify, donors must be 70.5 years of age or older at the time of the gift, and the gift must be made directly to a charity. For information on making such a gift to Penn Charter, please contact the Development Office at 215-844-3460 ext. 110.

Penn Charter Development Team

John T. Rogers Hon. 1689
Chief Development Officer
215-844-3460, ext. 111
jarogers@penncharter.com

Stephanie W. Ball P '19
Director of Parent Relations and
LS/MS Annual Giving
215-844-3460, ext. 112
sball@penncharter.com

Jennifer Cubbin P '17 '20
Administrative Assistant to Chief Development Officer
215-844-3460, ext. 110
jcubbin@penncharter.com

Ted F. Decker OPC '78 P '06 '08 '13
Asst. Director of Annual Giving
215-844-3460, ext. 134
tdecker@penncharter.com

Nancy Donaghy Hon. 1689 P '91
Special Projects
215-844-3460

Rachel Dyer OPC '92 P '19
Development Officer
215-844-3460 ext. 131
rdyer@penncharter.com

Susan Goodman P '17
Development Assistant
215-844-3460, ext. 265
sgoodman@penncharter.com

William McKinney OPC '01
Development Intern
215-844-3460, ext. 227
wmckinney@penncharter.com