ISP’s annual budget is supported by tuition, facility rental, interest from the school’s endowment, and donations from community members. Your donation to the Annual Fund has a direct impact on our students every day.
It touches every part of the school’s budget including all academic and after school programs, Professional Development (Distinguished Speaker Series), Digital Learning & Technology, Fine Arts, Sports, and Financial Aid. It provides the school with the flexibility to respond quickly to Areas of Greatest Opportunity and to meet unexpected challenges. Most importantly, it is the reason behind ISP’s global reputation for excellence in education amongst international schools.
How to make an Annual Fund donation
When you make your pledge, you have the option of directing your donation to several broad categories: Fine Arts, Digital Learning & Technology, Sports, Financial Aid, Professional Development (Distinguished Speaker Series), or simply Areas of Greatest Opportunity. Please understand that the budget for all categories for this year has already been set based on expected revenue, so while your donation to a particular category does not increase its budget this year, it does inform our budgeting process for following years.
All donations, in any currency, will receive the appropriate tax paperwork in response.
For members of our community who would like to make a donation in Czech Krona via bank transfer:
Please make your CZK transfer to 2112216446/2700.
In the message area, please write, “AF” and (if you’d like) “Arts”, “Technology”, “Sports”, “Financial Aid”, “Pro. Dev.”, or “AGO” (Areas of Greatest Opportunity).
For members of our community who would like to make a donation in Czech Krona via Paypal:
Please click on this button:
For members of community who would like to make a donation to our US Foundation (in US$)
The International School of Prague Foundation, Inc. is a US non-profit (501(c)3) organization whose mission is to support education. Please make your check payable to “International School of Prague Foundation, Inc” and mail it to:
The International School of Prague
Attn: Advancement Office
164 00, Prague 6
In the note area on the check, please write, “AF” and (if you’d like) “Arts”, “Technology”, “Sports”, Financial Aid”, “Pro. Dev.”, or “AGO” (Areas of Greatest Opportunity).
FAQs About The Annual Fund
What is the Annual Fund?
Fundraising for the Annual Fund takes place every year. Donations to the Annual Fund confirm the community’s desire to go beyond the cost of tuition to purchase items and programs that will have an immediate impact on current students. It elevates ISP to the level of excellence that tuition alone cannot provide.
How are donations to the Annual Fund used?
Donations to the Annual Fund are used in the year which they are donated; they provide funding for everything that affects current students each year at the International School of Prague, including:
- All programs;
- Faculty professional development (Distinguished Speakers Series);
- Equipment & technology;
- The Arts;
- Financial Aid;
- Outdoor programs, field trips, and cultural opportunities
- Campus beautification
Why not just raise the cost of tuition?
Despite ISP’s reputation for outstanding facilities and educational excellence, the cost to attend ISP is competitive with other independent schools in the region.
This is partly because we are a not-for-profit (all proceeds go towards improving the experience of ISP students), but also because donors add to our programs, which allow us to offer more without charging more.
Raising tuition to cover increased needs is a possibility, but it is a short-term solution; eventually, we would price ourselves so far above other schools that we would be considered not competitive. Worse, raising tuition might also make an ISP education unaffordable for many of our families, all of whom make ISP the type of community that is so attractive.
Is my donation tax deductible?
Donations can be made to either of two entities, both of which support ISP students, and both of which provide tax deductions. Individual tax circumstances vary, so please consult your tax advisor.
The two entities are:
- International School of Prague, s.r.o. (a Czech corporation – tax deductible for Czech tax payers, to the extent permissible by Czech law).
- The International School of Prague Foundation (a US 501c3 – tax-deductible for US Tax payers, to the extent permissible by US law)
My company matches gifts – can ISP accept corporate matching gifts?
Absolutely! Many U.S. companies match employee donations, and The International School of Prague Foundation is qualified to accept them. Corporate matching gifts are a great way to easily increase the effect that your donation can have on ISP students, so please contact the ISP Advancement Office if you would like help in determining whether your company will match your donation.
How much should we donate?
Please make a donation that is meaningful to you. What that amount is depends on the individual, but all gifts add up to the whole group’s ability to continue the level of excellence at ISP. Please be a full, participating member of our community – support the Annual Fund at a level that is appropriate for you.
When is the best time to donate to the Annual Fund?
The earlier the better!
Our academic (and fiscal year) runs from July 1 – June 30. We send our first request for participation in September, and we continue to ask (politely!) in various ways throughout the year. Donating early allows us to thank you profusely and stop sending reminders.
We already give to many charities – why is ISP so deserving?
Many ISP parents are generous philanthropists, supporting deserving charities around the globe. Understanding the impact that ISP students have in the world leads many to know that their donations to ISP have long-term effects beyond the halls of our school. Donations to the ISP Annual Fund benefit current and future students. We hope that this will allow you to consider ISP worthy of your highest philanthropic goals.