Our Lady of Sorrows Faith Knowledge Community Catholic School Catholic Parish

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Giving » Frequently Asked Questions

Frequently Asked Questions

 

What is the Saints for Tomorrow Annual Fund?

The Saints for Tomorrow Annual Fund is like our “checking account” that provides funding for this year’s operating costs such as; the gap between paid tuition and the actual cost of educating each student, technology enhancements, tuition assistance, special programs, facility expenses and upgrades. The fiscal year is from July 1st to June 30th and the SFT Annual Fund is fully spent each year (we are a non-profit). Quick facts:

  • Funds are replenished and allocated each year
  • Budgeted, annual financial obligations
  • Gifts make an immediate difference
  • Short-term funding needs for long-term enhanced opportunity
  • Covers the expenses that tuition does not cover
 
Why is it called Saints for Tomorrow?

Our dream is to continue to offer the highest level of Catholic education for generations to come. Each dollar of the Saints for Tomorrow Annual Fund is an investment in the lives of our students, today and tomorrow.

How do we raise money for the Saints for Tomorrow Annual Fund?

Generous annual donors and fundraising efforts support the Saints for Tomorrow Annual Fund. We are grateful to our donors for understanding the need to give to the Annual Fund each year. Because of them tuition has remained manageable and competitive with area Catholic schools. In addition, proceeds from annual events like the Fall Carnival, Day of Giving, Trivia Night, and Spring Auction contribute solely to the Saints for Tomorrow Annual Fund.

Are donations to the Saints for Tomorrow Annual Fund tax deductible?

In most cases the full value of your gift is tax-deductible. If you choose to purchase a good or service (event tickets, auction items, raffle tickets, or some other item of value) your gift may not be tax deductible. The information on this website is not intended as legal or tax advice. For such advice, please contact your attorney or tax advisor.

How do we fund programs or expenses above and beyond the annual operating budget?

Any funds raised in excess of our annual operating budget are spent to strengthen academic programs, support new efforts, or improve the learning atmosphere. You can explore our vision for capital improvements in our 2020 Vision and see our recent improvements on our Capital Giving page.

What improvements have been made over the last few years?

We are very proud to share how your generosity has impacted Our Lady of Sorrows Catholic School.

Annual Report: each year we publish a detailed breakdown of annual income and expenses

2020 Vision : our case statement outlines our needs, wants, and dreams for capital improvements in the coming years

Capital Giving: on our website we outline recent capital improvements

Are there other ways to give to Our Lady of Sorrows Catholic School?

Ways to Give: Yes, there are many ways to give to Our Lady of Sorrows that might be very beneficial to your financial life goals.

I’d like to be more involved in the Advancement efforts at Our Lady of Sorrows Catholic School.

Please contact the Advancement Office at 248-476-0977 or by emailing Deidre Ratliff, Advancement Director, at dratliff@olsorrows.com