The Morristown-Beard Fund

Each year, Morristown-Beard School must “close the gap” – like most other leading independent schools in the nation. While tuition revenue covers 85% of the actual cost to educate an MBS student, the difference which remains – a gap of approximately $5,000 per student – must be covered on an annual basis to prevent our School from utilizing money from our endowment or other sources.

Thankfully, strong annual support of the Morristown-Beard Fund (our School's annual fund) by our community has translated into long-standing success in closing the gap – as well as providing the critical funding for Morristown-Beard to move our School forward year after year. Your tax-deductible gift to the Morristown-Beard Fund provides unrestricted support for essential programs and other areas of greatest need.

Improving the Student Experience

The Morristown-Beard Fund exists for one reason only: to improve the MBS student experience. Every dollar donated supports the expansion of academic and curricular initiatives, arts and athletics programs, and student leadership and service opportunities. While special fundraising for capital projects, endowment, and scholarship bring significant long-term benefits to our School, the Morristown-Beard Fund’s consistent support is vital to our students’ intellectual and emotional growth and our School’s financial health. Your gift enables us to surround our students with exceptional teachers, superior facilities, and cutting-edge technology.

Areas of Impact

Your gift to the Morristown-Beard Fund provides unrestricted support for essential programs and other areas of greatest need, including:

  • Academic/Curriculum Development
  • Arts, Athletics, and Other Student Programming
  • Faculty Support
  • Student Leadership and Service Opportunities
  • Student Financial Assistance

Hero Treatment

Students at a round table
Improving the MBS Student Experience

The Morristown-Beard Fund supports academics, curriculum, arts, athletics, student leadership, service, and much more.

Morristown-Beard Fund

Why Support the MB Fund?

Through the generosity of individuals like you, the Morristown-Beard Fund works to transform the student experience in the classroom and beyond year after year. While supporting exciting capital projects, our community continues to understand the vital role of the MB Fund in our School’s future. By choosing to maintain or increase their annual giving to this fund, our community shows their commitment to bright futures for all of our talented students.

Gerald Scully, Parent ’20, ’22, ’24
Co-Chair, Advancement Committee | Board of Trustees

Giving Leadership Circles

Donors who make a total gift of $2,500 or more to the Morristown-Beard Fund during the fiscal year become part of an MBS Leadership Circle and are invited to the annual Headmaster's Reception.

Founders Circle $25,000 and Above
Headmaster's Circle $15,000 - $24,999
Trustees Circle $10,000 - $14,999
Benefactors Circle $5,000 - $9,999
Scholars Circle $2,500 - $4,999
Partners Circle $1,000 - $2,499
Friends Up to $999

Matching gifts count toward giving levels.

The School's fiscal year runs from July 1st through June  30th.  

Boy in safety goggles looking at computer tablet

Learn More About The Morristown-Beard Fund

If you would like learn more about making a difference in the lives of both current and future students, please contact:

Betsy Patterson

Director of Advancement