The H’Art of Giving

Smith Class '75 logo white on greenPROGRESS UPDATE  – 
Fund Team Coordinator Report
The Fund Team:

DESMITHTIFYING  FUND  RAISING  FOR  SMITH

Definitions

  • Class giftthis is the total amount of money and property that our class contributes to Smith.  Contributions to any of the many funds are part of the class gift.  The class gift includes matching gifts.  There is a class gift every year.  The gift year is July 1 through June 30 of the following year.
  • Class reunion giftthis is the 5-year total (from July 1 of our previous reunion year – 2020 for this cycle – to Friday evening of reunion weekend – May 15 this year) of money and property contributed by members of our class to the college.  This is announced on the Saturday of reunion weekend
  • Participation rate – the percentage of our class that contributes any amount to Smith each year.  Our goal this year is 55%.
  • Reunion participation rate – the average participation rate for the 5 year period between reunions (July 1, 2020 to May 15, 2025 for this cycle) This is announced on the Saturday of reunion weekend
  • The Smith Fund – the primary organization that solicits, collects and distributes contributions to the college.
  • Class dues – the money charged by the class to pay for reunions and other incidental needs of running the class as a not-for-profit organization.  This is totally unrelated to contributions to the college and the class gift.

What gifts are included in our class gift/reunion class gift?

All money and property contributed to the college are included in the class gift.  Not all contributions go to The Smith Fund. The Smith Fund has a family of funds:

  • Unrestricted
  • General Financial Aid
  • Ada Comstock Fund
  • International Students Fund
  • International Programming
  • Study Abroad Fund
  • Curriculum Fund
  • Faculty Support Fund
  • Campus Facilities Fund
  • Sustainability Fund
  • Also considered as part of the class gift, though not part of The Smith Fund are contributions to:  Friends of the Library, Botanic Garden, Art Museum and Smith Athletics.
  • Classmates can contribute to many other funds at Smith.  A full list can be found in the drop-down boxes when contributing using the online form at http://www.smith.edu/giving/fund_ways.php.  Click on “make a gift online”.  The form has various drop-down boxes for identifying how you want your contribution to be used.  We are encouraging you to give to the unrestricted fund, to allow more flexibility in utilizing the funds. Most of the money The Smith Fund raises is used for financial aid.
  • Some types of bequests, such as charitable gift annuities, count towards the class gift.  Most bequests do not count towards the class gift until the gift is received, although some new rules for 50th +reunion classes have been implemented.

What are the giving level categories?

  • Gifts of  any amount are welcome and very much appreciated. All gifts count towards the participation rate and class gift, no matter how large or small.
  • Sustaining – A donor gives the college permission to charge her credit card monthly for any amount $5.00 or more.  This type of donation has no end date (unless, of course, you need to change that).  This differs from paying an annual pledge that is finite, with monthly or quarterly credit card charges
  • Grecourt Society – People who have included Smith in their estate plans.  For more information, go to http://www.smith.plannedgiving.org .
  • Smith Stars – People who have given to Smith for 5 or more consecutive years.
  • Founders’ Circle – Gifts ranging from $1,875 – $4,999.
  • Paradise Circle – Gifts ranging from $5,000 to $9,999.
  • Deans’ Circle – Gifts ranging from $10,000 to $24,999.
  • Trustees’ Circle – Gifts ranging from $25,000 to $49,999.
  • Presidents’ Circle – $50,000 to $99,999.
  • Presidents’ Circle Cum Laude – Gifts of $100,000 or more.

To learn the many ways to give to Smith, please go to http://www.smith.edu/giving/fund_ways.php

Why do I get so many calls?

The Smith Fund uses volunteers from each class (the fund team) to contact classmates.  Students are also used to make phone calls.  While significant communication occurs between The Smith Fund and the fund team, coordination of calls is not always possible.  Once you have given a donation, you should not receive another call.  If you do receive another call after giving, it’s probably due to the time lag in communications between the fund team and The Smith Fund.  In addition, The Smith Fund also makes contact via mail.  Fundraising success depends on making multiple contacts with potential donors.

Other groups within Smith that solicit funds may also contact you, usually via mail.  One example is the “Friends of …” .  Some areas of the country also have regional and local fundraising campaigns.  All of these add up to a large number of contacts that may seem overwhelming.  We hope that you understand that all of the contacting groups are trying to help the students and the college.

Please contact any member of the fund team or go to the Smith web site if you have questions.  Thank you so much for all of the support you have given to Smith and your future support.

We have a wonderful alma mater and fabulously bright future leaders there right now.  Your support, no matter what level, is important and does make a difference.  You can even pay a little each month.  I believe Smith now has a way to set up automatic payment installments.

 

MakeAGift  You can click on the “Make a Gift” icon to give online or….

  • To make a credit card gift or pledge by phone, call 800-241-2056, option #1 during business hours, Monday-Friday, 8:30 a.m. to 4:30 p.m.
  • To make a gift of stock, call 800-526-2023, option #5, or 413-585-2681 during business hours, Monday-Friday, 8:30 a.m. to 4:30 p.m.
  • To make a gift by check, please send to: The Smith Fund, P.O Box 340029, Boston, MA 02241-0429
  • To make a gift by means of one of several other vehicles such as through your will or by an annuity that pays a fixed income for life, call 800-241-2056, option 4 or go to http://smith.plannedgiving.org/smith/giving/1.html.                                               To become a member of the Grécourt Society, the society that honors individuals who have indicated that they are remembering Smith in their wills, go to http://smith.plannedgiving.org.

      Smith College Tax ID: 04-1843040

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