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Phillips Academy Giving

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Frequently Asked Questions

What is the Andover Fund?

The Andover Fund is a vital source of expendable support that impacts virtually every aspect of Academy life, from faculty and students to technology and facilities, as well as the arts and athletics. The Andover Fund offers alumni, parents and friends of Phillips Academy a special opportunity to support the highest current priorities of the Academy through their annual unrestricted giving. Most importantly, this broad-based support reflects the combined philanthropy of generations of PA and AA alumni(ae) who give generously at all levels.

What does tuition cover?

Full tuition pays for only about half of the actual cost of educating a student. An Andover student’s education is funded by three primary sources: the Andover Fund (12%), the endowment (35%), and tuition (53%). Nearly half of our students receive financial aid. Thirteen percent receive full scholarships.

Even students whose families pay full tuition are subsidized by the Andover Fund and income from the endowment.

What is the difference between the Andover Fund and the Parent Fund?

The Parent Fund is part of the Andover Fund and offers parents the unique opportunity to get involved with the Andover community while having a direct impact on their student’s experience. Gifts made to the Parent Fund provide vital financial support to enhance important programs and initiatives that directly impact all students.

Andover has an endowment; why not use that instead?
The income from Phillips Academy’s endowment is one of the principal sources of funding for the Academy and is used every year to support campus priorities. The Academy manages the endowment very carefully, drawing only a certain percentage of income each year to ensure the endowment is available for future generations of students. However, much of that income is restricted to certain purposes and cannot replace unrestricted current dollars necessary for day-to-day operating expenses.

Why is participation so important?

Participation builds a strong and critical base of donors. It builds momentum that inspires others to give. Alumni, parents, and friends are more likely to make a gift if a significant number of their peers are contributing. Participation is an expression of confidence in the Academy’s mission.

Will my gift make a difference?

Absolutely! Every tax-deductible gift makes a difference to the school. It also sends a powerful message that you believe in this institution and its educational program, and it has made a difference in your life.

Isn’t fundraising just about the really big donors?

Absolutely not! Andover uses—and appreciates—gifts at all levels. The Andover/Parent Fund represents a collective effort to raise a cumulative total. Donors of relatively smaller but consistent gifts have always made a key difference in Andover’s ability to admit the most talented students without regard for their financial circumstances, hire the best faculty, and employ the most innovative teaching and learning technologies. All gifts are critical to Andover’s mission.

Why should I give to Andover when there are other organizations more in need of support?

There are many worthy organizations in which our alumni, parents, and friends are personally involved. In keeping with our motto, non sibi (not for self), Andover strongly encourages such involvement and offers a wide variety of community service opportunities for students. A gift to Andover supports such initiatives and serves as an investment in these young people, who will help solve some of the challenges of the 21st century.

Does my Andover gift count toward my reunion?

Absolutely. Every year your class will have a goal to reach. In your reunion year, your specific goal for that year will be combined with the previous years' total, thus giving you one grand total.

Can I designate my gift?

The Andover/Parent Fund supports virtually every aspect of Academy life. You may choose a specific area to support that is most important to you. Visit our Giving Guide to make a difference where it matters most to you.

If I am both an alumnus and a parent, what does my gift count toward?

It will count toward your class, unless otherwise specified.

Can I match my gift?

Many companies will match your contribution as an employee/spouse, thereby doubling your gift to Andover. Click here for the CASE (Council for Advancement and Support of Education) corporate matching gift database and instant online access to employers' matching gift programs or check with your human resource office for the correct form.

May I make a pledge or recurring gift?
Yes! Andover encourages donors to make pledges that will be paid in the current fiscal year. Alumni can also choose to make a multi-year pledge that will count toward their five-year reunion total. You may make recurring (multi-month or multi-year) gifts through our online transaction form. This option allows you the flexibility to make a gift to Andover by spreading your contribution over time.

Can I make a gift by mail or phone rather than online?

Yes, there are many ways to make a gift to Andover, each expressing a donor’s particular interests and each with distinct tax advantages. Phillips Academy welcomes gifts by check or credit card. We are also happy to accept contributions of appreciated securities or stock, corporate matching gifts, or planned gifts.

To make a gift by phone, call: 978-749-4273

When does Andover’s fiscal year end?

Andover’s fiscal year runs from July 1- June 30.

What if I need more information?

Contact Nicole Cherubini, Director of Development, by phone 978-749-4288, or by email at ncherubini@andover.edu or write to her at the Office of Academy Resources, Phillips Academy, 180 Main Street, Andover, MA 01810-4161.