Impact Fund

List of 9 frequently asked questions.

  • Q. What is the Impact Fund?

    The cost of providing a top-quality academic, social, and emotional experience for 600 girls each year cannot be covered solely by tuition dollars. GPS’s Impact Fund provides flexible resources that have a significant impact on our ability to provide an experience that touches every aspect of the school–students, teachers, and programs. Our amazing teachers use out-of-the-box instruction techniques to keep the classroom experience exciting. Our coaches and club sponsors provide support and social outlets for our girls through activities and other positive interaction. And our girls love to learn inside or outside of the classroom.
  • Q. Why give to the Impact Fund?

    GPS continues to provide the finest education possible, offering its students the advantages necessary to transform today’s young minds into tomorrow’s leaders. Year after year, GPS students are honor roll designees, state and conference athletics champions, and are accepted into the nation’s finest colleges and universities. These are quality indicators of performance, yet the pressure of GPS’s operating budget makes achievements like these more and more challenging each year. By providing support, gifts to the Impact Fund have an immediate impact on students, faculty, and programs at every level of the GPS experience.
  • Q. Where do my dollars go?

    Gifts to the Impact Fund provide the general operating budget with unrestricted money that is used in the current fiscal year to support the school’s highest priorities. This includes, but is not limited to, fine arts and humanities, new courses, financial aid, salaries and professional development for faculty and staff, athletics, and technology. The greatest strength of these funds is that they enable the school’s Administration and Board of Trustees to react quickly to our students’ needs on a daily basis with a degree of financial flexibility.
  • Q. Does tuition cover the cost to educate GPS students?

    Unfortunately, no. Tuition and fees provide 83% of the cost to educate a student; the Impact Fund covers 8%, auxiliary and endowment revenue covers 9%.
  • Q. Does my gift make a difference?

    Every dollar contributed to the Impact Fund makes a difference.
  • Q. Why is participation in the Impact Fund so important?

    Participation numbers, especially among our alumnae and parents, indicate the success of a GPS education. Many foundations and corporations request participation numbers among alumnae and parents when faculty apply for grants, as it reflects the strengths of a GPS education.
  • Q. Can I direct my gift?

    Because we know you want to match your gifts to your unique interests, we are pleased to offer you an opportunity to direct your gifts to the area or areas that speak to you. The Impact Fund includes different areas to which you can direct your gifts to make an impact that represents your own priority. You can select from Arts & Humanities, Athletics, Faculty & Staff, Financial Aid, Technology Integration or the Area of Greatest Need. See below for information regarding our Family of Funds. 
  • Q. How can I make a gift?

    Gifts by check are welcome.  Checks should be made payable to Girls Preparatory School (GPS).

    Credit Cards
    GPS accepts Visa, MasterCard, Discover, and American Express credit card gifts.

    A donor may fill out his/her credit card number on a pledge envelope and mail it, call the Advancement Office to make a credit card gift by phone at 423.634.7610, or go online to

    Electronic Funds Transfer
    Monthly bank draft can be completed online or by contacting Ashley Gates by email  or by phone at 423.634.7610. 

    Matching Gifts
    A company or foundation that matches gifts can often double or triple the funds that GPS receives at no additional cost to the donor! Once a gift has been made, the donor should contact their employer for matching gift procedures.

    Below is the information and instructions you need for stock transfers. If you have any questions, please call Mark Vosskamp, Chief Financial Officer, at 423.634.7632 for instructions for stock transfers.

    Joe Donnovin
    Benjamin F. Edwards & Co
    345 Frazier Avenue, Suite 205
    Chattanooga, TN  37405
    GPS Account #: EBR291320
    DTC #-0443
    Tax ID #-62-0475682
    Assistant: Julie Wilson
  • Q. Is my gift tax-deductible?

    Yes! GPS is a nonprofit, tax-exempt organization. Gifts are deductible for federal income, gift, and estate tax purposes under the applicable sections of the Internal Revenue Code. Your year-end gift must be postmarked by December 31 to receive tax exempt credit for the current year.

Family of Funds

The Impact Fund is a valuable source of support. As part of the Impact Fund, specific areas to which you may direct your support include but are not limited to:

List of 6 items.

  • Area of Greatest Need

    A gift to the Area of Greatest Need provides resources directly benefiting our students, faculty, programs, and operations.
  • Arts & Humanities

    Giving to the Arts and Humanities enhances opportunities for students to grow in their talent and knowledge of fine arts, dance, theatre productions, music, and the humanities.
  • Athletics

    Gifts designated to athletics support the equipment, uniform, and travel requirements of a comprehensive athletic program that promotes healthy competition, character development, exercise, sportsmanship, and personal growth.
  • Faculty & Staff

    Directed gifts toward this fund provide support to our talented faculty and staff for professional development opportunities to further inspire and teach our students.
  • Financial Aid

    Financial assistance to students whose families demonstrate need and who would otherwise not be able to attend GPS enables us to enroll a talented, motivated, and diverse student population.
  • Technology Integration

    Giving to Technology Integration helps maintain the robust technological infrastructure of GPS, supports an engaging and collaborative learning environment, and contributes to developing curricular growth in the STEM fields that equips our girls to be members of the global community.
    Every contribution to the Impact Fund makes a difference every day. Having increased dollars and increased participation every year serve as a measure of support for organizations and institutions looking to invest in GPS. A well-supported Impact Fund is evidence to families that GPS makes a genuine impact on their daughters’ lives.