Another Record-Setting Year in RL Fundraising
Thanks to the generosity and hard work of many, Roxbury Latin has completed another record-setting year in fundraising, exceeding our ambitious goals for 2018-2019. Of particular note, gifts to the Annual Fund this year topped $4 million for the first time in school history. We are grateful for and humbled by the benefactions, each year, that allow us to welcome and support the most talented, interesting, aspiring, eclectic cohort of students in Greater Boston; to attract, develop, compensate, and retain a uniquely gifted, effective, and committed faculty; and to maintain the distinctive financial model that supports our mission and allows us to educate dedicated and deserving boys from in and around Boston, regardless of their families’ ability to pay.
These gifts allow Roxbury Latin to fill the more than $26,000 gap between tuition and the actual cost of educating each boy. They also allow us to charge an average of $16,000 less in tuition compared to other Boston-area schools.
Below is a glance at the year in fundraising “by the numbers.” A more comprehensive assessment of Roxbury Latin’s 2018-2019 year in fundraising will appear in the October issue of the Newsletter. Thank you to all those whose belief in this school has helped to make a difference in the lives of Roxbury Latin boys today and in the future.
$4,109,325 An Annual Fund record, exceeding $4 million for the first time in RL history
$1,520,079 A new record for parent giving
$1,601,581 A new record for alumni giving
2,189 A record number of donors
99% Parent participation
54% Alumni participation
100% Faculty participation
$7,049,315 Total raised in annual and capital giving