Giving

Every Gift Matters

The strength of Farragut’s giving community is a direct reflection of whether our parents, alumni, faculty, and staff believe in our school’s mission and are willing to make additional donations and support it. Thank you for your support.

Farragut is Diversity.
Farragut is Community.
Farragut is Leadership.

WE ARE FARRAGUT.

Ways You Can Give

The Farragut Fund, capital campaigns, memorials and matching gifts are just a few of the ways you can support Farragut financially.

Each year we need 100% participation from our parents, board members, faculty, staff, and friends of Farragut to give to the Farragut Fund.

The Farragut Fund

The Farragut Fund covers the gap between tuition and the actual cost of educating a student at Admiral Farragut Academy. Like all independent schools, our budget is set so that tuition covers about 90% of our expenses. The 10% balance of our needed income to enhance the educational experience of each student comes from the Farragut Fund.

Funds raised are used to enrich our faculty and staff needs and compensation and to cover facility expenses as well as signature programs at the school such as STEM, scuba, arts, aviation and new curriculum.

Admiral’s Athletics Club

The goal of the Admiral’s Athletics Club (AAC) is to increase participation and strengthen athletics at Admiral Farragut Academy. AAC memberships and donations allow the school to continuously improve and expand athletic opportunities for our students. Each year, our Athletic Department has the need to replace uniforms, equipment, or expand our sports offerings.

Learn more about AAC Memberships

Give to the AAC Online

Parents’ Group

The purpose of most of the Parents’ Group activities involves raising money for the school’s needs. Main opportunities within the Parents’ Group involve coordinating events and gaining volunteers for the Lucky Bag – Used Uniform Sales, Annual Auction, Golf Tournament, and more.

Give to the Parents’ Group Online

The New Building Capital Campaign

At 20,000 square feet, the new multi-use building will feature an innovative design that highlights the proud heritage of Farragut, striking a balance between traditional and contemporary architecture in a manner that respects Farragut’s history and charm. The new building will feature an auditorium, administrative offices, and classrooms. The New Building Campaign has already made significant progress toward its fundraising goal of $4.0 million.

In-Kind Gifts

Often a donors can make in-kind gifts to Farragut of goods, services or equipment. Contact the Alumni and Development Office to confirm the nature of your gift and its intended use. Farragut will provide confirmation of receipt of such gifts. It is the responsibility of the donor to indicate the value of such contributions.

Corporate or Foundation Matching

Matching Gifts, also known as a matching fund or matching donation is a charitable gift made toward a non-profit organization by a matching donor (e.g., an employer) under the provision that an original donor (e.g., an employee) first makes a gift toward that organization.

Guidelines for such gifts vary from company to company. Specific questions regarding matching gifts should be directed to the donor’s employer Human Resource office.

Gifts of Securities and Appreciated Assets

Gifts of Securities provide a significant savings for the donor by avoiding capital gains taxes, while offering a good degree of tax deductibility. If you are interested in making a gift of appreciated stocks or bonds or gifting real property (real estate, a boat, a car or other tangible assets) please contact the Development Office for further directions for this type of transaction.

Planned & Bequests

Did you know there are creative ways to support Admiral Farragut Academy? Ways in which Farragut, you and your loved ones all benefit at the same time? Such giving techniques are called “planned giving” because with thoughtful planning, you create win-win solutions for you and Farragut. For example:

  • You can make a gift that costs nothing during your lifetime.
  • You can give stock and realize larger tax savings.
  • You can donate your house, continue to live there, and get a tax break all at the same time.

Where to Begin?

  • Identify Your Goals
  • Discover Gifts Anyone Can Afford
  • Explore Gifts That Protect Assets

The Heritage Society (Estate Gifts)

The Heritage Society is a society of donors who have bequeathed estate gifts to Admiral Farragut Academy. Heritage Society membership indicates that Admiral Farragut Academy and/or the Foundation is included in the estate giving plans of a donor. Some members will give through a simple will bequest, transfer the ownership of life insurance, or elect to use one of the many options available through various trust arrangements.

The method of giving is not as important as the decision to give. Our ability to continue to affect and impact each future generation is dependent upon the direct involvement of those who understand and value the Farragut Experience.


Secure, Online Giving

It’s easy to make a secure online gift to Farragut. You can choose to give one time, monthly, or annually using your debit/credit card. Give now online.



Questions About Giving

Please direct any questions you have about giving to the Chief Development Officer, Tony Sloan, at tsloan@farragut.org or call 727-384-5500 ext 278.