Because
our Parish School is a highly valued ministry of St. Michael Parish,
our school families are in the unique position of directing how much
money the parish provides to the school in support of its work! The
Parish Grant to the School is a unique and exciting way to model Stewardship
as a Way of Life and to support those school families who are Partners
in the Mission of St. Michael Parish. The Parish Grant to the
School is funded directly out of our Sunday Offertory Envelope Giving!
Our Parish
Grant to the School represents the largest income source to the school,
by far -- other than tuition. This grant helps keep tuition costs
down for parents and helps the school as it strives for continued
excellence in all its endeavors. The school parents continue to be
completely in the drivers' seat in determining the amount of the annual
parish grant to the school via the Matching Fund Formula.
Matching
Formula: For every $1.00 given during
the calendar year by a St. Michael School family to the regular Sunday
offertory collection at St. Michael Church (Sacrificial Giving), the
parish will give the school $1.90. There is no
limit to the amount of gifts the parish will match, and when
the grant reaches a level of $302,860, all further donations will
be matched at a lesser rate of 50%.
The St. Michael: A Remarkable
Tradition (S.M.A.R.T.) Auction is our annual fundraising event that
occurs in October. Begun in 1989, the auction
has grown substantially in community recognition and funding success.
When you attend or donate to our auction, you are participating in
a very meaningful way in the "remarkable tradition" that
is St. Michael School.
Procurement actually begins
the prior spring and students/families are asked to seek donations
from the community. Incentives are offered to students for participating.
Family Night is on Friday
evening and is held in the school gym. There are fun activities for
the kids to enjoy while their parents get "auction fever."
Hot items such as "Principal for a Day" or a chance to "name"
the gym for the school year provide a great bidding battle!
The gala dinner auction
is on Saturday evening and is an adults-only
formal affair with a catered dinner.
The auction is organized
by school parents and headed by two sets of co-chairs. Various committee
chairs with teams of parents assist in the yearlong preparation for
this event.
The net profits are divided
equally between the St. Michael School Endowment Fund, whose interest
is used for tuition assistance, and the Capital Account which funds
school deferred maintenance and technology projects.
Education
Appeal
To ensure fiscal responsibility
and a sustainable source of financial aid for needy students, St. Michael
School created the Endowment Fund and the Capital Improvement Fund.
Contributing to the Educational Appeal is a gift that gives back to
the community every single year.
The Education Appeal is an
annual fundraiser. A mailing is made to alumni and school parents sent out each
January. Two sets of co-chairs and volunteers are selected to coordinate
the Appeal each year. The net revenues are deposited as in the S.M.A.R.T.
Auction and are allocated in the same manner. These funds are not part
of the school's operating budget.
SCRIP
Scrip is a magical fundraiser; St. Michael School receives funds but
you don't donate anything. Scrip is issued by a long list of businesses
including grocery stores, department stores, and restaurants and can
be used at the particular business just like cash. A portion of the
Scrip is returned to St. Michael School and the benefit is significant.
The SCRIP Program
raises approximately $24,000 per year through the sale of these gift
certificates. Proceeds from these sales fund over half of the PTSA's
(Parent Teacher Service Association) budget. SCRIP is the only major fundraising
program that supports the PTSA budget. This
program is conducted year round.
Learn more about our Scrip program and download order forms here.