The MICDS Annual Fund at a Glance

The 2007-2008 MICDS Budget:

Operation Cost: $25,000,000
Tuition revenue: $17,000,000
*there is a gap of $1,800 between tuition and the actual cost of educating a student at MICDS
*tuition only covers 80% of the operating budget
*72% of Budget: Faculty and staff salaries and benefits
Annual Fund revenue: $2,193,000 How your Annual Fund dollars
impact MICDS
Participation Percentages:

MICDS National Averages

Parents: 86% 66%
Alumni: 26% 15%

Annual Fund Information:

The Annual Fund is one of the largest sourcesof direct yearly operating costs.
These operating costs include:

1.
2. Library Books
3. Technology Equipment
4. Financial Aid
5. Classroom Budgets
6. Faculty and Staff Salaries and Benefits

Giving Information:
Gift ranges: $5.00 – $20,000
*parents are encouraged to give at the MICDS society level to cover the gap between tuition and educating
students
Pledges: A commitment to support the Annual Fund. This allows you to make recurring payments from the
date of the pledge until the end of the fiscal year (6-30-2009).
Check & Credit Card: American Express, Visa, Master Card, and Discover are accepted.
Stock: Own long-term appreciated stock? Transfer that to MICDS to receive a charitable tax deduction for the
fair market value and avoid long-term capital gains tax.

Benefits of an MICDS education:

• Our graduates attend some of the most prestigious universities around the world.
• 116 alumni live in 32 different countries around the world.
• SAT/ACT scores consistently exceed national averages.
• Each student discovers his or her full potential and exceeds beyond expectations

Why give to MICDS?

• Help transform today’s students into tomorrow leaders
• Help attract and retain a world class faculty
• Help sustain the strong reputation and future of MICDS for years to come