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Q: What is Development?
A: Development is meaningfully involving people in your school’s
mission and vision for the future. Through meaningful involvement comes
the sense of ownership which leads to lifelong relationships. The development
office provides administrative support to those efforts which supplement
and enhance the School’s finances. In so doing, a variety of activities
are implemented and/or supervised from this area, made possible by invaluable
volunteer support. Tuition covers approximately 77% of the school’s
Operating Budget.
Q: What does our Development Office do for HSRS?
A: Our Development Office is staffed by Lee Dumbacher who is our Director
of Development. Lee works to promote the Holy Spirit Regional School Foundation.
The Foundation is the school’s Endowment Trust Fund, which began
in 1989. She also works with the school’s Marketing Committee and
writes Grant proposals to bring new programs to the school. Alumni and
Grandparent records are also housed in the Development Office.
Q: Our family wasn’t here in 1989, what
is our “Endowment Trust Fund”?
A: The sole purpose of the Endowment – HSRS Foundation – is
to support the school’s programs and operations, through interest
generated on funds maintained in trust. The mission of the Foundation
is to ensure that every student receives an affordable, quality Catholic
education. Every year since 1989, the Foundation has contributed $10,000
to the operating budget of the school. This amount is taken from the interest
earned, never the principle, from the fund. This contribution has been
used for Tuition Assistance.
Q: Does the BASH, our only annual fundraiser,
contribute anything to the Foundation?
A: Yes, because the BASH is a joint venture of the Foundation and the
PTO, the profits are shared. The BASH is dedicated to Building an Academic
and Spiritual Heritage, and certainly one way to insure the future of
quality education at HSRS is to “Build” our Endowment Trust
Fund.
Q: What types of donations are given to the
Foundation?
A: Because individual donors prefer many options when giving, the Foundation
has identified many ways to provide support. Annual cash gifts provide
immediate revenues to the fund, yet other popular choices are memorial
scholarships, life insurance, Matching corporate gifts, real estate, securities
or bequests. Tax laws encourage generosity to non-profit organizations
like the HSRS Foundation by allowing contributors significant tax advantages.
Donors often take advantage of tax benefits by contributing stocks, properties
or memorials at year’s end.
Q: What if I can’t make a large donation
to the Foundation now because I’m paying tuition and attending the
BASH and buying raffle tickets etc.?
A: Firstly, no gift is too small to help endow our school for the future.
In addition, buying raffle and BASH tickets each year does help the Foundation!
By contributing to the BASH you become a Friend of the Foundation. If
you choose to make a pledge to the Foundation, your donation is completed
in five years and you are enrolled in the Praetorian Society.
Q: What is the Praetorian Society?
A: For those who wish to pledge a gift of $5000 or more to the Foundation,
the Praetorian Society was established. The Praetorian Guards of ancient
Rome protected the Emperor. Our Praetorians are the “Guardians of
Excellence in Catholic Education”. At present, the Praetorian has
21 members. These members pledged to become major donors to the school’s
Foundation at various levels:
| PATRON |
$5000 over five years |
| BENEFACTOR |
$10,000 over five years |
| PROTECTOR |
$15,000 over five years |
| GUARDIAN |
$20,000 over five years |
| ANGEL |
$25,000 over five years |
| SAINT |
$50,000 over five years |
Q: How is the HSRS Foundation managed? What
are the monetary goals of the fund? How much is in the Endowment Trust
Fund?
A: The HSRS Foundation is managed by a Board of Directors. In addition
to Board members, the Principal, Pastors of Holy Spiriti and Good Shepherd
parishes, the Development Director and a School Board & PTO representative
also serve on the Foundation Board. Board members serve three year terms
and suggested members include tax attorneys, realtors, marketing professionals,
investment counselors, CPA’s, business owners and financial planners.
Recently, the Foundation Board published it’s financial five year
goals. The tri-annual newsletter, The Foundation, contains information
on the current status of the fund. Please use the Foundation links to
access current information.
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