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Saint
Mary School
Annual
Fund
Frequently Asked Questions
Q. Why
an Annual Fund?
A. An Annual
Fund at St. Mary School refers to gifts made for the
express purpose of helping to enhance the school’s
resources.
Q.How
are these gifts used?
A.Most Annual
Fund gifts are unrestricted, which means that the donor
allows the school to determine the areas of the budget
that are most in need of funding. Each year, funds
raised through the Annual Fund are used to augment the
school’s annual budget.
Q.Who
supports the St. Mary School Annual Fund?
A.We are reaching out to parents,
grandparents, alumni, friends and the community around
the school who believe in our mission and vision.
Q.What are some of the
projects the St. Mary School Annual Fund hopes to
support during the 2010-2011 school year?
A.Some of the projects:
*Spiritual Life
* Technology
* Building Student Program
*Facility Improvements
Q. What
is the difference between philanthropic giving and event
sponsorship?
A. A
philanthropic gift is an outright gift that is usually
100% tax deductible. Event sponsorship (e.g. auction) is
a gift for which the donor receives some kind of
benefit. For tax purposes, the value of the benefit must
be subtracted from the gift.
Q. Can
corporations support the St. Mary School Annual Fund?
A. Yes, Many
corporations contribute to independent schools by
matching their employees’ gifts. These generous
offerings by the companies are important ways of
allowing the school to become known throughout the area
and also increasing St. Mary School resources.
Q. How
important is the Annual Fund to the growth of St. Mary
School?
A. Without
Annual Funds, the school would be forced to make
difficult decisions concerning the additional
enhancements to the campus such as the many
technological advances, physical plan improvements, etc.
Q. How
much Annual Fund support does St. Mary School need?
A. The short
answer to this question is a much as possible. Our long
term goal is for 100% participation by all alumni and
parents. With 100% participation, we will qualify for
some state and federal grants that will also go to help
improve our school.
Q. How
much should I give?
A. Only you
can decide that, but please be as generous as you can.
Any gift is greatly appreciated.
Please
consider joining in one of our gift levels:
Our Lady Society
$10,000 and above
Blue & White
$5,000-$9,999
Assumption Circle
$1,000-$4,999
Tuition Angel
$3,450
Marian Hall
$500-$999
Carroll Avenue
$250-$499
Crusader
$5-$249
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