In the 3 1/2-minute video, Danny DeVito, Jason Alexander, Steve Carell and other Hollywood stars voice such sentiments as “The economy is in the toilet, so don’t give” and “You’d be stupid to give” before getting to the real point: “Unless you care about your children and their future,” and “Unless you care about families who had a hard year and need some help with tuition.”
Created by parent volunteers, the video is an example of the inventive methods private schools are using this spring to generate giving at a time when traditional benefactors may be hard-pressed themselves.
Oakwood’s “Don’t Give” campaign was a precursor to its major fundraiser, a star-studded event Saturday at The Lot in West Hollywood, featuring comedy, music and an auction. The video was meant to be an internal communication but was distributed on YouTube, said James Astman, Oakwood’s head of school.
“The purpose was to communicate to our constituents a vital but easily misunderstood message: that in these challenging times, giving is more important than ever,” Astman said. “In the short run to support financial aid and in the long run to build our endowment.”
Pricey tuition
Many independent schools in Los Angeles are sending the same message as they deal with a faltering economy that is forcing middle- and even upper-income families to think twice about whether they can afford to pay annual tuitions that top $25,000 at some campuses.
As a result, the proceeds of many fundraising appeals this year are earmarked for financial aid budgets, and more schools say they will use the money to help families who may not have needed assistance in the past but are now struggling. Other schools are taking a more direct route, asking donors to fund tuition scholarships for a year or more.
And though schools are still holding gala fundraising dinners, many are cutting back on extravagances and trying to ensure that most of the proceeds are used to support student programs. Loyola High School’s annual auction next weekend is being coordinated by two parents with backgrounds in accounting.”
In tough times, private schools take innovative approaches to fundraising