Investing in Progressive Education
While the costs of providing a top-tier academic program along with operating a full cattle ranch are substantial, Deep Springs charges no tuition or fees to students attending the college. Staff and faculty salaries, lodging and student housing, utilities, infrastructure and maintenance all add up. To cover these costs, we rely greatly on endowment income and annual donations from alumni, friends, family and foundations.
Deep Springs requests donations in four broad categories:
- Unrestricted donations to be used for annual operations.
- Unrestricted donations to the endowment to provide future income.
- Restricted donations for capital purchases.
- Restricted donations for program enhancements.
In order not to tie the hands of future boards, since 1996 it has been the policy of Deep Springs not to accept donations that are restricted to support of any particular admissions policy. We will respectfully decline any donations restricted to the support of coeducational student bodies exclusively, or to the support of single-sex student bodies exclusively.
Foundation Gift Match
Nearly 40% of Deep Springs alumni contribute to the college every year. As an incentive to encourage even more alumni, The Hitz Family Foundation will provide a gift of $1,000 to the college for every class year group that surpasses 50% participation.
Every year, we need approximately 45%-50% of our operating budget to come from annual giving. In this manner, your contribution goes directly toward paying salaries and expenses in the current fiscal year. You may consider scheduling regular annual payments.
The college will have its 100th anniversary in 2017. We completed a $15 million Centennial Campaign in 2013 to celebrate and to secure the financial stability of the college into the next century. This will allow us to keep pace with rising salaries and expenses, reduce our dependence on annual operating donations and make for more predictable budget cycles. We still have further to go in creating a more secure endowment for the future, and we urge you to consider making a pledge at this time which can be fulfilled at a future point or over several payments. To download a pledge form, click here.
We continually need to upgrade vehicles, expand our library, or replace outdated facility equipment. Through capital donations, we can improve the caliber of our facilities and academic program without having to trim salaries or ongoing operations. For a current list of needs, please contact us. Or, if you have a specific capital gift in mind, we are always open to ideas.
Many contributors also prefer that their gift be earmarked to support specific program enhancements that may not be fully met by the operating budget--things like music instruction, additional summer seminar instruction, or first aid training. We are happy to accept gifts earmarked for these program needs.
For further inquiries, contact either:
Thank you for your interest in progressive education.