For Independent Schools
Parents give more than alumni. Then their child graduates.
At the median independent school, parents of current students account for more of the money raised than any other source. Then their child finishes, and the relationship has to be rebuilt or it ends. Gratefully reads the records you already keep and tells your team who to reach this week.
In short. CASE and NAIS data covering 1,944 US schools shows dollars up 7.5% since 2022 while donor counts fell 3.2%, with the three largest donors now a median 46.2% of everything raised. Gratefully ranks who on your own file to contact now, with the reasoning attached and a source behind every number.
On this page
How much do independent schools raise, and is it growing?
CASE and NAIS have collected advancement data together since 2022 through the NAIS DASL tool. The 2025 report covers July 2024 to June 2025. Across all 1,944 participating schools it records $5.87 billion raised, a median of $1.43 million per school and a median of 484 donors.
One note on reading any of this, including everything below. The headline totals cover all 1,944 participants, but the detailed findings come from the CASE member schools that completed the advancement section, and the four-year trend uses the 377 schools that reported in every year. Those are three different populations, so treat the detail as describing CASE member schools rather than every independent school in the country.
With that said, two numbers sit oddly together, and the tension between them is the whole story.
| Year | Funds received | Donors |
|---|---|---|
| 2022 | $2.33 billion | 482,376 |
| 2023 | $2.04 billion | 472,235 |
| 2024 | $2.25 billion | 470,058 |
| 2025 | $2.51 billion | 466,908 |
Between 2022 and 2025, funds received rose 7.5% while donor counts fell 3.2%. 2025 was the first year total dollars passed the 2022 high. Across the same schools the median donor count slipped from 973 to 951.
More money from fewer people. CASE names it directly: a gift pyramid growing at the top and shrinking at the bottom.
One more figure worth holding onto. Unrestricted current operations is still the largest single purpose for funds received, at a median 33.9% in 2025, down from 35.0% in 2022. CASE notes that for many schools this is where budget-relieving annual fund dollars land. So the money most exposed to a thinning donor base is also the money your operating budget depends on.
How concentrated is independent school fundraising?
| Finding | Figure |
|---|---|
| Share of total funds from the three largest donors | Median 46.2% |
| Share from the single largest donor | Median 27.2% |
| Schools receiving a gift of $1 million or more, 2022 to 2025 | 43% on average |
| Median percentage of funds in every gift band under $10,000 | At a four-year low in 2025 |
| Gift bands above $25,000 | Higher than 2022 |
| Schools in a comprehensive capital campaign | 44.8% |
| Median campaign goal | $30.0 million. Boarding $67.5 million, day $26.0 million |
At the median reporting school, roughly half of everything raised comes from three donors. That is not a criticism of major gift work, which is doing exactly what it is supposed to. It is a description of how much now rests on a small number of relationships, and how expensive it is when one of them goes quiet without anyone noticing.
Worth saying plainly: a median is not a typical school. Funds received across participants ranged from $830 to $187.7 million, and donor counts from 1 to more than 8,500. If your numbers look nothing like these, that is normal.
Where does independent school fundraising money actually come from?
This is the finding that separates independent schools from higher education, and most advice written for advancement offices ignores it.
| Source | 2022 | 2025 |
|---|---|---|
| Parents and guardians of current students | 25.7% | 24.0% |
| Donor-advised funds | 8.7% | 12.2% |
| Parents and grandparents of alumni | 10.5% | 11.4% |
| Foundations | 11.4% | 11.0% |
| Alumni | 9.1% | 10.1% |
| Corporations | 2.5% | 3.0% |
| Grandparents of current students | 1.7% | 2.0% |
Parents of current students account for the largest median share of funds received. Alumni are 10.1%. In higher education the ratio is the other way around, which is why borrowing an alumni playbook does not work here.
One precision, because it is easy to get wrong and someone will check. This measures money, not people. CASE's earlier reporting has put alumni ahead of parents when counting donors rather than dollars, and the 2025 report does not publish a donor count by source at all. So the claim here is that parents give the largest share of the money, not that they are the largest headcount.
It also varies enormously by school type, so the national median may not describe you at all:
- Day schools: parents of current students 28.2%, alumni 6.5%.
- Boarding schools: alumni 28.2%, parents of current students 9.3%. CASE calls it an almost inverse relationship.
- Elementary schools: parents 41.3%, alumni 1.4%.
- Secondary schools: alumni 26.4%, parents 10.5%.
The consequence is the thing nobody plans for. If a quarter of your funding comes from parents of current students, then a quarter of your funding has a leaving date. Every year a cohort of your most engaged donors stops being parents. Whether they become parents of alumni who keep giving, at a median 11.4%, or simply stop, is decided by whether anyone maintained the relationship after the last tuition payment.
How big are donor-advised funds in school fundraising now?
Worth its own section because it is the only source that rose in all four years.
DAFs went from 8.7% of funds in 2022 to 12.2% in 2025, and in 2025 they overtook foundations for the first time. The median number of households giving through a DAF rose from 46 to 55, and the total number of such households across participating schools reached 25,781, up 31.4% in a single year.
The practical problem is that a DAF gift can arrive without the donor's name attached in a way your database recognises, so the household you should be thanking is not obviously the one on the transaction. Schools that handle this well keep the connection recorded somewhere a person can retrieve later. Schools that do not thank a sponsoring organisation and lose the family.
How many advancement staff does an independent school have?
The median school has a few hundred to a thousand donors. Here is who is working them.
| School type | Total advancement FTEs | Of which fundraising |
|---|---|---|
| Elementary | 4.4 | 1.2 |
| Secondary | 9.9 | 3.0 |
| Combined elementary and secondary | 9.1 | 2.6 |
Median advancement FTEs by money raised run from 3.0 at schools under $1 million to 12.0 at schools above $10 million.
So at a typical elementary school, slightly more than one person is responsible for a donor base of several hundred households, of whom a changing quarter are current parents, while roughly half the money comes from three relationships. That is not a staffing problem you can solve by working harder, and it is the specific situation this page is about.
What this data does and does not imply about software
Most of what these findings point to is not software, and we would rather say so.
Broadening the donor base, building a culture of giving among current parents, deciding whether to chase the gift pyramid's top or rebuild its bottom, keeping parents engaged after their child graduates: those are strategy and staffing decisions. No tool makes them for you.
Two things here are different, because they are retrieval problems rather than strategy problems.
Knowing which relationships are going quiet while there is still time. When roughly half your income sits with three households and a quarter of your base has a leaving date, the cost of noticing late is high. That is a question with a correct answer sitting in records you already own.
Keeping what your team knows. With one to three people raising money, a single departure can remove most of the institutional memory in the building.
If you are choosing between a tool and another fundraiser, hire the fundraiser. If the people you have are spending their week deciding who to contact rather than contacting them, that is the gap this closes.
What Gratefully does for an advancement office
Grace, the assistant inside Gratefully, reads your records, documents, notes and correspondence, builds a private knowledge graph your school owns, and works through them overnight.
| What you get | What it means in practice |
|---|---|
| A ranked daily action list | Who needs attention now, with the reason on each card and one-click next steps: draft an email, prepare a call brief, log an interaction, or snooze |
| Stewardship moments surfaced | Giving anniversaries, unacknowledged major gifts and timely welcomes for first-time givers |
| Answers with citations | Ask in plain language and get an answer grounded in your actual records, cited and specific |
| Calculated figures, not estimated ones | Reports use exact numbers from your data, never approximations |
| Living donor segments | Every donor is automatically classified as Champions, Loyal, New, At-Risk, Lapsed, Lost and more, from the recency, frequency and value of their giving. Scores refresh nightly and after every import |
| Lapsed recurring gifts flagged | A stopped recurring gift is often the first sign a family is drifting, and it rarely surfaces on its own |
| Drafted outreach in your school's voice | First drafts grounded in real giving history, which a person edits and sends |
| Handover dossiers | When someone leaves, a branded package per donor with giving history, relationship stage, recommended next steps and risk flags, exportable as PDF |
What it actually catches, and what it does not
Since this page opened with the graduation cliff, it would be dishonest to skip past it here. We do not track enrolment status, so nothing in Gratefully will tell you that the Hendersons have a senior and will age out in June. Your database already knows that, and a report from it is the right tool.
What Gratefully catches is the version of the problem you can actually see in giving behaviour, which usually moves first.
On a Monday the list is already built: the family whose recurring gift stopped in September, the household that moved from $500 to $5,000 and got the same acknowledgement letter as everyone else, the giving anniversary falling on Thursday, the first-time donor from a fortnight ago who has heard nothing since. Each carries the reason it surfaced and the records behind it, so the morning is spent deciding what to say rather than working out who to say it to.
For a school where roughly half the money sits with three donors and one to three people cover everyone else, that second group is where the risk actually lives. The top relationships are already worked. It is the next hundred families where a lapsed recurring gift goes unnoticed until the annual review, and where the parents who quietly kept giving after graduation were never thanked for it.
A person still writes the notes. That part should not change.
What we do not do
Being plain about this saves everyone a demo.
No parent lifecycle tracking as a built-in feature. This matters given everything above, so it should be said clearly. Gratefully's automatic segments are built from the recency, frequency and value of giving, not from enrolment status or graduation year. If your records hold a graduation year and it syncs, you can ask about it. There is no purpose-built "parents ageing out" report, and we are not going to pretend there is.
No wealth screening and no capacity ratings. We do not buy or append external wealth data and we do not score capacity. Where something like a business sale surfaces, it is because a colleague wrote it in a note and it was forgotten. If you need capacity ratings across your file, a screening vendor is the right tool.
No prospect research on people who are not yours. We read your records. We do not find new names.
No DAF-specific tooling. We can see that a gift came through a donor-advised fund if your record says so. We do not resolve DAF gifts back to households for you.
Not a CRM. We do not replace Raiser's Edge NXT, Veracross, Blackbaud Education Management or anything else. Your CRM stays the system of record.
Does it work with Raiser's Edge, Veracross or Blackbaud?
There is no migration and no data project. Gratefully connects directly to Salesforce Nonprofit Cloud and NPSP, Bloomerang and Little Green Light, syncing automatically overnight, plus Mailchimp, CSV import and document upload. Every integration is included on every plan, including the free one.
Worth being straight about what that means for a school: none of those three is a school-specific system. If you run Raiser's Edge NXT, Veracross or Blackbaud Education Management, you are working through CSV export and document upload rather than an automatic sync. That is a real limitation and the most likely reason we are not right for you today. Test it with one export before you decide.
What does Gratefully cost?
Start on the Free plan at $0 for one person, free forever, no card. Every new account begins with a 14 day trial of Advanced, our top plan, and moves to Free when the trial ends rather than locking. Paid plans are $79, $399 and $799 a month. Full detail on the pricing page.
The Free plan is permanent rather than a countdown, but it is metered: one person, five things to do each week and ten AI answers a month, with your donors kept in sync throughout. Enough to judge whether it suits you. Not enough to run an advancement office on.
Is it safe to put school advancement data into AI tools?
School advancement records are not ordinary contact data. They carry giving histories, family circumstances, staff notes, and in many schools they sit alongside information covered by FERPA. Consumer AI plans do not come with the agreements those obligations require.
Identifying details are removed before anything reaches a language model, your data never trains anyone's AI, and each school sits in an isolated tenant. Treat student records as out of scope unless you have decided otherwise and written it down. If you are setting rules for your own team first, our AI acceptable use policy template is free and ungated.
Frequently asked questions
Do we have to move off Raiser's Edge, Veracross or Blackbaud Education Management?
No, and you could not migrate to us if you wanted to, because we are not a CRM. Your system stays the record of truth. Our direct connectors are Salesforce Nonprofit Cloud and NPSP, Bloomerang and Little Green Light, so a school on a school-specific platform works through CSV export and document upload.
Can it tell us which current parents are about to become parents of alumni?
Not as a built-in report, and this is the honest limit of what we do. Segments are based on giving behaviour rather than enrolment status. If graduation year is a field in your database and it reaches us, you can ask about it directly. What it will do well is show you which of those families have gone quiet, which is usually the earlier signal anyway.
Is this wealth screening?
No. We do not rate capacity, append external wealth data or tell you what a family could give. We rank the people already on your file by what they have actually done, and show the reasoning.
Half our money comes from three donors. What does this add?
Probably less than you think for those three, and more than you think for everyone else. Your top relationships are already known and already worked. The risk sits with the next hundred families, where nobody has capacity to notice a lapsed recurring gift or an unacknowledged increase until the annual review.
What about FERPA and student records?
Treat student records as out of scope unless you have decided otherwise and documented it. Identifying details are redacted before anything reaches a language model, data is never used for training, and each school has an isolated tenant. Our PII redaction whitepaper sets out the mechanism.
We have one person in advancement. Is this worth it?
That is the case where it is most likely to help, and also where you should test before committing. The Free plan costs nothing and the data on this page says a school your size typically has one to three fundraisers working several hundred donors. But if your file has very little giving history, there is not much for any tool to read, and we would rather say that now.
What happens when our development director leaves?
That is what handover dossiers are for. The knowledge graph belongs to the school, not the individual, so notes, correspondence and history stay and can be handed on. At one to three fundraisers, a single departure can take most of the institutional memory with it.
What percentage of independent school fundraising comes from parents?
At the median CASE member school in 2025, parents and guardians of current students accounted for 24.0% of funds received, the largest share of any single source. Alumni accounted for 10.1%. It varies sharply by type: day schools 28.2% from parents, boarding schools 9.3%, elementary schools 41.3%.
How much does the average independent school raise?
Across all 1,944 schools in the 2025 CASE and NAIS data, the median was $1.43 million with a median of 484 donors. The range was enormous, from $830 to $187.7 million, so the median describes very few schools well.
How many people work in independent school advancement?
Average total advancement FTEs were 4.4 at elementary schools, 9.9 at secondary schools and 9.1 at combined schools in 2025. Of those, the staff specifically raising money numbered 1.2, 3.0 and 2.6 respectively. By money raised, the median runs from 3.0 FTE at schools under $1 million to 12.0 at schools above $10 million.
How is this different from your higher education page?
Different problem. Universities are working alumni files where the people have drifted over decades. Schools are working current parents who are highly engaged and then leave on a known date. The alumni data on our higher education page is genuinely about alumni, so we have kept the two separate rather than reusing figures across both. Our arts and culture page is a third situation again, where the sector averages fell outright in 2024.
Sources
- CASE Insights on Philanthropy in Independent Schools (United States), 2025 Key Findings, Council for Advancement and Support of Education in partnership with the National Association of Independent Schools. Data covers July 2024 to June 2025, from 1,944 DASL participants; trend figures are based on 377 schools reporting in every year. Read the report.