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When parents send their children to Bishop Carroll Catholic High School they
become part of a team whose sole purpose is the education of students.
This educational endeavor not only involves the parents, faculty,
administration and staff of Bishop Carroll, but also the alumni, past parents,
grandparents and friends who assist with their time, talent and treasure in
keeping Bishop Carroll financially stable. Answers for
Parents
Bishop Carroll Catholic High School is self-supporting, receiving no money from local, state or federal taxes or from the Diocese of Wichita. Independent, non-parochial schools, like Bishop Carroll, rely on stewardship, some tuition income, annual contributions, endowment income and other fundraising efforts to meet operating expenses. We hope this article, with answers to the most commonly asked questions, will help you further understand our development initiatives. I support the school by tithing/ paying tuition. Why doesn't Bishop Carroll just raise fees to cover the costs? Stewardship, tuition and fees cover approximately 79% of the cost of a Bishop Carroll education. Like most private religious schools, Bishop Carroll relies on charitable giving to bridge the gap between revenue and expenses. The administration. School Council, and Parents' Organization are committed to making a Bishop Carroll Catholic education affordable to as many families as possible while maintaining the small, diverse community that makes Bishop Carroll such a special place. Your gift to the Annual Fund is also tax deductible to the fullest extent of the law, whereas tuition is not. Your Annual Fund gift may also qualify for a matching gift from your employer, which may allow you to double or even triple your support. Tuition is not eligible for such matching gifts. What is the Annual Fund? The Annual Fund refers to gifts made on a yearly basis. The money raised helps defray current-year operating expenses and supports the people and programs that make Bishop Carroll Catholic High School so unique - talented teachers, smaller class sizes, excellent resources and exceptional offerings from arts and athletics to mathematics and science. Because these special assets have a major impact on the budget, we must turn to parents, grandparents, past parents, alumni and friends for financial support. Know that there are others who have gone before you who continue to support Bishop Carroll Catholic out of gratitude for the opportunities a Bishop Carroll education has provided. How can I make a gift to the Annual Fund? The way in which you choose to support Bishop
Carroll Catholic High School is a matter of personal preference and
circumstance. A variety of giving
opportunities has been designed to ensure the greatest giving benefits for you
and for Bishop Carroll Catholic High School.
All contributions are tax deductible to the fullest extent allowed by
law. The Internal Revenue Service
recognizes Bishop Carroll Catholic as a 501.c.3 non-profit organization.
Bishop Carroll Catholic High School accepts gifts via cash, check, or
stock transfer. To make your gift
or receive more information, please contact the Development Office at
316-729-5274.
How much should I give?
It is our hope that Bishop Carroll Catholic High School will be your
family's top philanthropic priority after your parish support.
Individual gifts to the Annual Fund range from $10 to $10,000 or more.
Only you can decide how much you wish to commit.
Please know that no matter the amount, we need and appreciate every
gift we receive.
Annual Fund gifts are used for the general, annual expenses of the operating budget, like salaries, benefits and maintenance of the facility. Capital giving is for building construction or renovation, technology enhancement and endowment to achieve long-term goals like expanding financial aid and faculty/staff compensation programs. As the name implies Annual Fund gifts are made each year. Capital Campaign gifts are usually larger and are pledged over three to five years. A benefit to you is that both Annual Fund and Capital Campaign gifts are fully tax deductible. Bishop Carroll Catholic has recently
undertaken an ambitious capital campaign with a goal of $17.5 million.
The total goal is for facility.
When can I make my donation?
An endowment is a gift of money or other assets received by the school,
often for a specific purpose. The
principal is preserved and only the earnings and interest are used.
Endowments, carefully managed for growth as well as current income, are
the foundation for the long-term stability and success of the school.
A named fund becomes a permanent tribute to the person whose name it
bears and may always be augmented. In
many families donating to a grant fund established years ago has become a
multi-generational tradition. Donors
to Bishop Carroll Catholic High School are welcome to contribute any amount to
an existing endowed grant simply by making their gift and indicating an endowed
designation. New endowed grants may
also be created at any time with money being allocated once the fund has reached
$1 million.
What is
planned giving?
When can I
make my donation?
While donations are accepted at any time, there are
many opportunities to support Bishop Carroll Catholic. We hope that you will find the following calendar of events
helpful in planning your charitable giving budget. Please know that once you have made a gift of $300 or more
you will not receive future Annual Fund solicitations this calendar year.
This includes the spring Phonathon.
October 19 Homecoming Weekend October 25 Bishop Carroll Annual Fund Mailing Mid October All Souls Mailing Early December End of Year/Tax Reminder March Phonathon April 2__ Grandparents Day April End of the Fiscal Year Reminder Parent Expectations BC.word 7/07
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