The CMC Parents Fund is a vital source of financial support for the College. A special part of the Annual Fund, it provides additional funding for many exceptional and unique aspects of the student CMC experience. Gifts raised by the Parents Fund have a strong and immediate impact on a multitude of student endeavors. Tuition covers about two-thirds the total cost of a CMC education. The Parents Fund helps bridge this gap by raising $800,000 from current and past parents; unlike endowment gifts, gift made to the Parents Fund are spent in the same year in which they are donated — thus directly benefiting the student experience.