
Annual Fund
An Annual Fund is a yearly fundraising effort by a nonprofit organization, such as a school or charity, to support its ongoing programs and operations. Donations collected through this fund provide essential, flexible resources that help meet immediate needs, enhance services, and ensure financial stability. Contributions come from individuals, alumni, or community members and are often tax-deductible. The Annual Fund is vital because it allows organizations to plan, improve, and expand their offerings without relying solely on larger, infrequent grants or special projects. It fosters community involvement and sustained support for the organization’s mission.