September 9, 2025
From the Desk of
Nancy E. Peterman | Partner
What Are YOU Doing
Independent Schools & Philanthropic Funds Data
We’ve got new data in from some Independent School National Associations. Let’s look closer at the Independent Schools Association of the Central States participating schools and what they raised in philanthropic funds for data entry year 2024-2025.
School Count 189
| Advancement Median Funds Received for ’24 | $1,222,667 |
| Median Number of Donors | 472 |
Median Percent Participation by Constituency & Hard Credit Funds Received | |
| Median % Participation by Parents/Guardians of Current Students | 59.7% $253,898 |
| Median % Participation by Alumni/ae | 7.1% $59,532 |
| Median % Participation by Grandparents of Current Students | 15.6% $38,853 |
| Median % Participation by Parents & Grandparents of Alumni/ae | 9.1% $160,000 |
| Median % Participation by Employees | 65.2% $18,447 |
Trustees | |
| Median Number of Trustees | 14 |
| Median Hard Credit Funds Received by Trustees | $50,000 |
| Median Soft Credit Funds Received by Trustees | $107,349 |
Funds Received by Purpose (’24) | |
| Median Funds Received for Current Operations: Unrestricted | $620,479 |
| Median Funds Received for Current Operations: Restricted | $221,730 |
| Median Funds Received for Endowment | $132,715 |
| Median Funds Received for Other Capital Purposes | $446,482 |
| Median Funds Received for Irrevocable Deferred Gifts at Face Value | $174,417 |
Big Gifts and the New Tax Law: Boom Now, Bust Later?
David King has no problem disagreeing. “They say gifts have been slow because mega donors are waiting for tax changes. I hate to disagree with the all-knowing “they,” but I’ve known over a dozen people who made gifts of $50 million, and contrary to what “they” think, in every case it was going to take years (if ever) for these donors to see the full tax deduction of the gifts because of deduction limitations. So, their timing was not impacted by waiting on a minor tax law change.” |
Some experts suggest that nonprofits helping high-earning donors better understand the implications of the recent tax law could see increased donations in 2025. However, economists predict that these same donors might reduce their giving starting in 2026 due to the new rules — although some warn that it’s too early to know how donors will actually respond.
Because new provisions like the cap on charitable deductions for itemizers won’t take effect until 2026, donors are motivated to make their significant gifts this year. It’s crucial for fundraisers to be well-informed about the law’s implications so they can discuss it with donors. Communicating these points can be done through various methods — emails, letters, calls — but the main goal is to share the information effectively.
There is historical evidence to suggest donors will give more this year. Research has shown that the passage of the Tax Cuts and Jobs Act in 2017 led donors to contribute $4 billion in advance of the law taking effect, resulting in a boost in giving. COP, 7-31
Jaci Thiede is ready for year-end giving. “I’m a planner, so this article was music to my ears. A former boss of mine used to say that as soon as everyone went back to school, it was basically already the holidays! So true. Take some time now to think about year-end giving strategies and make your plans. Consider divvying up the different articles among your team and then getting together to discuss everyone’s ideas over a working lunch. The time you spend planning now will pay off by December 31st!” |
Savvy fundraisers start planning months in advance for a successful year-end campaign. Giving yourself ample time to prepare is even more important now, with tax-law changes likely to affect giving next year. We’ve told you that the changes will encourage wealthy individuals to give more before the changes take effect.
Now is the time to start designing your strategy for November and December — and to strengthen your ties with donors before you make your year-end appeal along with educating them on the new tax laws.
Here is a collection of articles that will help you lock in more gifts before the clock runs out on 2025. You’ll also find tools for planning an effective campaign and proven tactics to boost year-end results.
We Know Independent Schools
For more than 35 years, Alexander Haas has been a fixture in the nonprofit community. We are honored to have worked with so many remarkable independent schools, both secular and non-secular, across the country that help mold today’s adolescents into tomorrow’s leaders. Take a look at our list of independent school clients, past and present.
A Fresh Approach to Fundraising
Our services aren’t cookie cutter. We don’t operate with a boilerplate, merely changing names and locations. We craft each and every service we provide to match your organization’s unique needs, wants and abilities. We work hard and expect you to do the same. Together we can help you transform your institution, your fundraising, and the community you serve.
Whether your need is in Capital Campaign, Annual Fund Campaign, Major Gifts, Leadership Annual Giving, Planned Giving or all of the above, we take a fresh approach to nonprofit fundraising.
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