Giving Update

2007-2008 Annual Fund and Senior Parents' Gift
Off to Strong Start

Parent and alumni/ae volunteers are gearing up for a busy fall of calling and outreach to other parents and classmates seeking gifts and pledges for the 2007-2008 Annual Fund. Achieving this year's goal of $2.35 million is essential to provide critical funds to close the $5,736 gap between tuition and the true cost of educating a student at BB&N today. Look for a letter and envelope in the mail or make your gift online at www.bbns.org/donate.

The 2008 Senior Parents' Gift Committee has also begun calls to seek support for the Class of 2008 Faculty Endowment Fund. Parents of Seniors should expect to receive a call soon!

Opening Minds Campaign Tops $47 million

BB&N is thrilled to report that the Opening Minds Campaign has topped $47 million toward its goal of $62 million. Key to the success of the Campaign to date was the completion of the anonymous $10 Million Challenge, received in Spring 2003, which matched all new commitments for endowment and the Upper School Building Project on a one-for-two basis and generated the first $30 million of the Campaign. $14 million received in response to the Challenge was in gifts of $1 million or more, another condition of the Challenge and a new highlight in BB&N fund raising.

Gifts in response to the $10 Million Challenge have provided crucial funds for the Upper School Building Project and endowment for faculty, financial aid, and other programs. The successful completion of this Challenge has stimulated three other exciting challenges: the Alumni/ae Challenge nearing completion, the Faculty Challenge launched this spring, and a new George Serries Theater Challenge.

Equally exciting is that the Annual Fund-another important priority of the Opening Minds Campaign - exceeded its $2.125 million goal in 2006-07 and will provide more than $2.2 million in operating support this year for faculty, financial aid, academic programs, and all areas of the School's operating budget. This sets a new record in yearly support and we are deeply grateful to the many parents, alumni/ae, and friends who made this possible.

Look for more details about this year's fund-raising successes in the Annual Report of Gifts, in your mail in mid-November.