Giving FAQ

Giving to Raleigh Charter High School - Frequently Asked Questions

 

Raleigh Charter High School counts on financial support of the Phoenix Fund and the Foundation Fund to supplement our annual state and county funding and to help us reach long-term goals. Information in this Giving section of our website is offered to increase understanding of charter school economics and our fundraising needs.

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What is the Phoenix Fund?

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The Phoenix Fund is our annual appeal for operational support. It pays for today.

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Gifts to the Phoenix Fund support the current fiscal year by supplementing the limited annual per-pupil funds received for each student. Charter schools do not receive capital funds for their land and building.

Support of the Phoenix Fund gives us the ability to:

• keep classes small

• attract and retain excellent teachers and staff

• expand our digital learning initiatives

• purchase new textbooks and classroom resources

• continue to expand our innovative Flex and Community Work Day programs

• pay for our mortgage and building maintenance

Every donated dollar will be carefully used, will be greatly appreciated, and will directly benefit our students and teachers.
Our 2023-2024 goal is $325,000 by May 10, 2024. This goal is easily attainable with strong support from the RCHS community. We ask everyone to give as much as they are able.

We do NOT ask our students to do fundraising through the sale of popcorn, candy, wrapping paper, etc. Those programs designate only a small percentage of your cost to our school.

When we rise to the challenge together, we can reach our goal!

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What is the Foundation Fund?

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The Foundation Fund is an ongoing fundraising initiative for support of teachers and classrooms.

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The Foundation Campaign, a multi-year $1.5 million campaign launched in 2022, will enable us to secure the school for the future while also improving compensation for our incredible teachers. Contributions to the Foundation Campaign will make it possible for us to pay off the remaining mortgage on our building, which will free up the funds necessary to raise salaries for our dedicated faculty.

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How can I help the fundraising efforts?

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• Help us reach our Phoenix Fund goal by May 10, 2024 by donating today!

• If you can do more, please also contribute to the Foundation Fund.

• Encourage extended family and alumni to support RCHS.

• Multiply your gift with a corporate match.

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Charitable Giving Information

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Raleigh Charter High School and Raleigh Charter High School Foundation are two separate 501(c)(3) charitable organizations. Your gift is tax deductible to the full extent of the law.

• For gifts to the Phoenix Fund, direct your donation to Raleigh Charter High School (Federal tax ID: 56-2121381)

• For gifts to the Foundation Fund, direct your donation to Raleigh Charter High School Foundation (Federal tax ID: 26-4266980).

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Can you just tell me what to give?

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We ask that every family participate in the life of the school and in financial support of the school. Every family situation is different and every family's contribution will be different. We ask all families to make a "stretch level" gift.

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Why does a charter school need to raise money?

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Raleigh Charter's revenue comes from fixed per-pupil allotments from North Carolina and varying per-pupil funds from the counties where our students reside. The average per-pupil amount received from government funding is projected to be about $9,500. These limited dollars are provided for instructional expenses; however, charter schools do not receive funds for their land or school building. Charter schools do not receive Education Lottery proceeds. We must stretch instructional funds to cover building costs which amount to about $1,500 per student per year.

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To manage this annual funding challenge, we ask for support of our Phoenix Fund from every family, every year. Our administrators and Board of Directors work diligently to use per-pupil funds and Phoenix Fund contributions as efficiently as possible. In addition, great savings are realized by not having a gym, cafeteria, or library.

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How does this funding compare locally and nationally?

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A quick scan of public school budgets and private school tuitions will show the true cost of a high school education. A review of national public school funding tells us even more. North Carolina, the primary source of our per-pupil allotments, is ranked 44th in the nation in K-12 per-student education funding (NEA Rankings of the States 2022 and Estimates of School Statistics 2023, published April 2023). Compared to other states, our per-pupil funding is low.

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