Annual Fund support is critical to MCI’s day-to-day operations. The Annual Fund is comprised of unrestricted dollars that provide immediate budget relief and support such areas as academic support, financial aid, library support, and campus maintenance.
These unrestricted gifts are applied wherever the need is greatest, and they are essential to the school’s excellence and financial strength. All the important aspects that help maintain and improve the excellence associated with an MCI education. Tuition and other revenue alone do not cover these costs.
Frequently Asked Questions
What does my Annual Fund gift help support?
The Annual Fund helps fund all areas within the operating budget, including new computers, art supplies, music books, team uniforms, library books, faculty salaries, mowing lawns, lunch, and heating oil.
Doesn’t residential tuition and the district’s tuition cover those expenses?
Although tuition covers a significant amount of MCI’s operating budget (89 percent), there is approximately an $850,000 shortfall that is primarily covered by the Annual Fund and endowment. As operating expenses like food, heating oil, and electricity increase, it makes Annual Fund support much more critical.
Who gives to the Annual Fund?
People who care about MCI and are invested in its future in the community. They include:
• Alumni who know first-hand the value of this special school
• Parents who value the experience their son or daughter had
• Faculty and staff who want to show added support
• Friends, people who have found MCI to be a valuable resource
Will my small gift really make an impact at MCI?
Absolutely! Every gift, no matter what the size matters significantly. Collectively, gifts from alumni, parents, and friends can make an enormous difference in improving the educational experience.
Can I give my gift to the music department or football or the Key Club?
Of course, you can give money to any designated area and we would respect that. However, an unrestricted gift to the Annual Fund gives MCI the most flexibility in meeting operational costs.