The Fund for ISAAC
What is the annual fund? The annual fund is a yearly fund-raising effort designed to help the school balance its annual operating and special programs budget as well as to raise funds for the completion of the building renovation. The drive is coordinated by the Director of Development through three distinct efforts, the Annual Appeal, the Arts Community and Education Gala (ACE), and grants from private and government foundations.
The Annual Appeal: An internal fundraising initiative in coordination with the ISAAC Board, staff and parent volunteers who seek to raise gifts from the school constituency, including alumni, current parents, past parents, grandparents and friends with a goal of 100% participation from current families, staff and board.
The Ruth Cole-Chu Annual Fund has been created in memory of Ruth Annabelle Cole-Chu, founder and former Executive Director of ISAAC whose vision was for a community and society in which there are no barriers, and one where people of all backgrounds work, play, and learn together. Ruth Cole-Chu brought individuals together around common goals; a dream of not only diversity in education, but also diversity and openness in our community.
Why is the Annual Fund important? The Annual Fund contributes approximately 10 percent to ISAAC’s annual operating budget, which allows the School to offer special opportunities to its students. Gifts of all sizes from alumni, parents, grandparents, faculty, board and friends help ISAAC reach its goal each year. State funding limitations of Connecticut Charter Schools require that we raise funds from private donations and grants. Although recent legislation has slightly increased the per-pupil allocation to Connecticut Charter Schools, we still operate on a lower funding ratio than regular public school districts.