ACS ANNUAL GIVING REPORT 2018-2019 ACS Giving Report 2019-11-novemb | Page 9

ANNUAL FUND We plan our budget with the goal of providing ACS students with the best education and personal development in the country. However, new opportunities and challenges arise every day: new contests are inaugurated that our students can win, new tournaments or exhibitions or fairs pop up where we can triumph, or unforeseen conditions might prompt unscheduled maintenance work around campus. For the instances that we couldn’t have planned ahead, we rely on the Annual Fund. For the convenience of givers and greater clarity of where the funds are allocated, at ACS we have five categories of annual giving: unrestricted, financial aid, student activities, excellence in teaching, campus improvement. Unrestricted giving allows us to allocate funds where the need arises as soon as it arises. Financial aid donations allow us to expand our tuition reduction programs so that every excellent student can benefit from an ACS education regardless of his/her family’s financial capabilities. Student activities funds help the extracurricular experience that is such a vital part of what it means to be an ACS student. Excellence in teaching donations not only help us attract and retain the best teachers but also gives them the opportunity to further expand their expertise, as well as fund improvements in their classrooms. The campus improvement gifts allow us to maintain the historic beauty of our teaching and learning environment while propelling our facilities towards the cutting edge of modern education. In 2018-2019, trustees, alumni, parents, students, faculty, and friends of the American College of Sofia gave, both in the US and Bulgaria, a consolidated sum of 64,142 leva to the Annual Fund. The impact of annual giving is felt every day in every classroom. Thank you! You can contribute to the Annual Fund at https://acs.bg/giving/donate/ 9