The St. Monica School Annual Fund is a yearly fundraising campaign administered by the Development Office with the assistance of the Development Committee.  The goal for each school year’s Annual Fund campaign is based upon need as determined by that school year’s operating budget.  The need for the 2007-2008 school year is $140,000.  Dollars raised in excess of the campaign goal are used to address School Board Committee priority list items for the school; in recent years, such dollars have helped fund major salary adjustments for teachers; new playground and computer equipment; and the science lab and art classroom renovations.

 

We need your support of the Annual Fund is necessary for several main reasons:            

•           The Annual Fund provides dollars needed for the school’s operating budget, typically amounting to about 8% of the budget for the school year.

•           By serving as one piece of the “budgetary puzzle,” the Annual Fund makes a St. Monica School education more affordable for all school families.  In short, it effectively reduces tuition expense by nearly $500 per student!

•           The Annual Fund plays an important role in minimizing the annual increase in tuition – and allowing the tuition that our 248 school families pay to remain nearly half the cost of educating a child at St. Monica School.

•           In providing dollars for the school’s operating budget, of which the largest expense is teacher salaries, the Annual Fund plays a major role in compensating the school’s outstanding staff.

•           The Annual Fund offers you a voluntary, tax-deductible way to invest in the mission of St. Monica School! 

 

Officially, the Annual Fund campaign runs the length of the school’s fiscal year, July 1st through June 30th.  Supporters of the school can make a contribution to the Annual Fund at any point during this timeframe.  Many donors contribute prior to calendar year-end (December 31st) so as to take advantage of the tax benefits of their gift.  However, you are free to offer a pledge or make a gift at any point in time during the school year.

 

You can contribute in a variety of ways.  This includes:

•           You can contribute in one payment, or you may offer a pledge and fulfill that pledge in several payments.

•           You can offer gifts of stock.

•           You can double your contribution – at no additional cost to you – through your employer’s gift matching program (many employers offer this; it only requires a moment to submit the form).