What is the difference between an Annual Fund and a Capital Campaign?
Annual Fund gifts are used for the general, annual expenses of the operating budget, like salaries, benefits and maintenance of the facility. Capital giving is for building construction or renovation, technology enhancement and endowment to achieve long-term goals like expanding financial aid and faculty/staff compensation programs. As the name implies Annual Fund gifts are made each year. Capital Campaign gifts are usually larger and are pledged over three to five years. A benefit to you is that both Annual Fund and Capital Campaign gifts are fully tax deductible.