The CDNIS Annual Fund is our yearly appeal to raise money to enrich our students' education by providing additonal programmes and opportunities not covered by the core operating budget. Around 92% of the operating budget is for fixed costs such as salaries and facilities. This leaves 8% of the budget for curriculum development, arts and athletic enhancement, etc.CDNIS recognizes students who a have a broader learning experience are better educated, more confident and better able to make their mark in the world.
Canadian International School of Hong Kong Limited is an independent, not-for profit charitable organization under Hong Kong law. It does not have any owners or shareholders, and all the income is re-invested in providing quality education for students.As an independent educational institution, it also receives no subsidies from outside sources. The operating budget is funded by income generated solely from school fees and donations.
Creating a comprehensive and discerning Annual Fund Project List requires the contribution of the entire CDNIS community. Since the launch in 2013, we have collected many excellent ideas from teachers, parents and students, through consultation sessions and informal suggestions. The Development department collates all these suggestions and these are then reviewed for feasibility and fit with the School's programme by the Senior Administration team. Final sign-off is made by the Development Committee of the Board.For the 2015-16 campaign, we are using the strategic themes of Innovation in Learning/Teaching and Student/Teacher Opportunity, and all the projects selected fit under these two broad themes. All parents are invited to contribute their ideas and thoughts at any time in the campaign.
Large tuition increases may prohibit many families from obtaining a CDNIS education, and affect the diversity of our school. Through voluntary donations to the CDNIS Annual Fund, we can keep tuition increases to a minimum, while introducing programmes that will make us an exceptional school.Unlike tuition, giving to the Annual Fund is more than just "paying a bill.” It is about making a conscious choice to invest in our community. By supporting the school through voluntary contributions, each family can give according to its financial ability.Furthermore, as CDNIS is a registered non-profit charitable organization, donations to the Annual Fund are tax deductible. A tax receipt is automatically issued for all donations as part of formal thank letter. We also have a mechanism to issue tax receipts to offset against US income tax.
Unfortunately no, but it will help keep them as low as possible. Since 83% of tuition fees go towards staff salaries, tuition increases will continue to be necessary to offset the impact of inflation as well as keep teacher salaries competitive with other leading international schools in Hong Kong and the region. With an Annual Fund, we hope to keep those tuition increases to a minimum while enhancing our programme offerings.
The School Adminstration makes its decisions based on recommendations from parents and teachers who contributed their thoughts and ideas during the consultation process. Feedback from parents collected during the campaign is also considered by the Team and is used to help make final decisions regarding which projects will be implemented once the campaign has ended and the total amount raised has been confirmed. For more detail about how projects and programmes are selected, visit the Funding Priorities page.
The Senior administration meets at the conclusion of the campaign and makes a recommendation of budget allocation based on the approved Funding Priorities. The budget allocations are then approved by the Finance & Administration Committee of the Board of Governors. Ongoing monitoring of the spending is done by the Development Office with oversight from the F&A committee.
Annual gifts are used for annual expenses. Capital gifts are used for building projects. Small-scale capital improvements and maintenance are considered operating expenses and therefore come out of the annual expenses. In summary, the CDNIS Annual Fund helps us live. Capital funds help us grow.
A pledge is a commitment/promise to make a donation of a specific amount to the Annual Fund. Pledges immediately count towards participation rates and total amount raised, however, the actual donation can be made anytime by the end of the HK fiscal year on March 31.
It is strongly preferred that gifts to the Annual Fund are made without restriction. Unrestricted gifts provide flexibility in meeting the demands of the educational environment. However in exceptional circumstances, we would consider designated gifts, provided they are consistent with the agreed-upon Annual Fund areas of support.
Yes, absolutely! Your gift sends a powerful message that you believe in CDNIS and the value of an exceptional education. While some parents will give at a leadership level, we recognize that each family’s giving ability differs. That is why we ask parents to make an annual contribution that is meaningful, yet within their means.Gifts don’t have to be large to make a difference – every single gift is important. Small gifts, when combined with others, create a big impact. It is the strength of collective giving; one donor’s gift of $1,000, combined with another’s gift of $10,000, and still another’s $100,000 gift have an incredible impact on the CDNIS experience.No one should feel that a gift is too small to be worthwhile. Giving to the Annual Fund strengthens the school’s sense of community and reflects our collective sense of purpose.
Giving is a personal matter. We ask every member of the CDNIS community to make a donation to the Annual Fund, every year, at a level that is within their means and that demonstrates their pride in being part of the CDNIS community. In 2015, the average gift was approximately $16,000 – which excludes gifts in excess of $1 million. Inclusive of those generous donations, the average gift in 2015 was approximately $22,000. But really, no amount is too small, because maximum participation is also a key goal. Please refer to the range of Giving Levels to help guide your donation.
We welcome gifts from the entire CDNIS community: current parents, past parents, grandparents, alumni, teachers and staff. We do not, however, accept any gifts from new families in the process of applying for their first child to join CDNIS.
The participation rate is the percentage of families that give a gift of any size to CDNIS. A high participation rate is a vote of confidence, a sign that parents appreciate the dedication and excellence of the teachers and support the mission of the school. We are striving for 100% parent participation in the Annual Fund.
Donations to the CDNIS Annual Fund can be made by cheque, bank transfer, or online. The Annual Fund also accepts pledges. We kindly ask that all pledges be fulfilled by February 29, 2016.
You can find all the necessary information on the How To Donate page.
Corporate matching gifts make a significant contribution to the Annual Fund as they can double or triple the value of your gift. As the donor, you will be acknowledged in the Report of Giving at the giving level that reflects your personal gift in addition to the company match.
Please contact your employer's human resources department for more information and we are happy to help you process the necessary paperwork.
Visit our Matching Gifts page for more information.
All donors will be acknowledged in our Report of Giving to be published at the conclusion of each campaign, once we know how much has been raised and the funds have been allocated to the various projects. We will need report any specific donation amount, but instead will acknowledge donors by giving levels. Of course, any donor can choose to be anonymous.
As CDNIS is a registered non-profit charitable organization, donations to the Annual Fund are tax deductible. A tax receipt will be issued for all donations of HK$1,000 or more.Tax receipts can also be issued to offset against US income tax through a non-profit organization called Friends of Hong Kong Charities Inc. In this case, a check in either HKD or USD must be made out to "Friends of Hong Kong Charities, Inc" and the amount should be for HKD800 (approximately USD100) or more. Each quarter, the Friends of Hong Kong Charities Inc. Issues receipts that support us tax deductions and directs 100% of the donation back to CDNIS.
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