Frequently Asked Questions

Q

What is the goal for In Her Name ~ The Campaign for Maryvale? How was the goal determined? Where will the money be allocated?

A

Based on the Campus Master Plan, as approved by Maryvale’s Board of Trustees in April 2007, the school carefully assessed the current needs and determined that $12 million was needed to complete the second phase of the plan including the following priorities: Humanities Center, $7 million; Athletic Fields upgrades including a new track, $2 million; School Entrance and Quadrangle improvements, $1 million; and Infrastructure Management, $2 million. The campaign goal of $12 million is based on realistic assessments of what the school can raise and will be allocated as the above states.

Q

Can Maryvale realistically raise $12 million?

A

Based on a feasibility study (conducted before the campaign began), the giving history and the overwhelming positive response from key members of the Maryvale community, we are confident about our ability to raise $12 million. It is a challenging, yet achievable goal for Maryvale Preparatory School

Q

Who will be asked to participate in the campaign?

A

Over the next 18 months, all Maryvale alumnae, parents, trustees, faculty, staff as well as active and supportive friends, past parents and grandparents will all be asked to invest in this important endeavor for Maryvale. Additionally, leading charitable foundations, private family foundations and local businesses will be approached.

Q

How is the campaign organized? What type of gifts will be accepted?

A

The Maryvale In Her Name Campaign is a volunteer-lead effort that is divided into seven main constituent divisions including: Leadership Gifts ($100,000 and above level gifts), Board of Trustees, Faculty/Staff, National Alumnae, Parents/Grandparents, Charitable Foundations and Friends & Community. Campaign volunteers and leadership are seeking “stretch” financial support in the form of gifts and pledges, payable over three to five years, from potential donors. Gifts of cash, stock and securities transfers are also being accepted. Gifts and pledges to the In Her Name Campaign are tax deductible to the fullest extent allowed by law.

Q

When will I be asked for my gift?

A

The campaign is taking place in a phased, sequential approach over a projected 2-3 year period. The first year was devoted to planning and organization and securing key leadership gifts. Over the next eighteen months the campaign then expanded to include the entire Maryvale community as well as the greater Baltimore community.

Q

Is there an endowment component to this campaign?

A

While the Board of Trustees and school leadership agree that building Maryvale’s endowment is important, an endowment component is not included in this capital campaign. What is most critical for the school is achieving this next phase of Maryvale’s Campus Master Plan that includes the four main capital priorities as outlined in the In Her Name Campaign Case for Support. The entire campaign budget of $12 million will go toward covering the cost of the new Humanities building, infrastructure, new entryway and field improvements. Should additional funds be secured over the current project budget, it is anticipated that those funds would be added to the current endowment.

Q

How does this affect my annual giving, or other giving?

A

Through this capital campaign, Maryvale is asking our community to make significant investments in the future of our school. However, we continue to depend on funds raised for current operations through the Annual Fund and other means. Donors will be asked to maintain current annual gift levels in addition to making campaign investments.

Q

When will the Humanities Center be built?

A

Groundbreaking for the Humanities Center, upgraded fields and new entrance to the school officially began in June 2010. The entire project is expected to be completed by the spring of 2012.

Q

How will this campaign affect the growth of Maryvale? Will class size grow and expand?

A

Maryvale’s small class size and attention to the individual student will remain an objective of our community. While Maryvale’s enrollment will remain limited to 425 students, this campaign will allow us to provide the resources and meet the educational needs of our students.