May 14, 2014
Dear Families and Friends of Our Lady of the Assumption School,
The OLA Annual Giving Program is now underway, and we are asking everyone to prayerfully considerparticipating. This program was developed to allow all families to benefit from an excellent Catholic education at the lowest tuition rate possible. We thank all the families, parishioners, and friends of Our Lady of the Assumption School for graciously contributing last year. This remarkable generosity has been a part of our Parish School for twenty-three years. Each school year we offer our parents, parishioners and friends of OLA the opportunity to make a voluntary tax-deductible gift to our school, which bridges the gap between our income and expenses. The total income raised at OLA, including tuition and fundraising is $1,993,056. The expenses, including non-operating expenses for deferred maintenance and capital improvements, is $2,018,947, leaving a total of $25,891 needed to balance the budget.
We are blessed to have an outstanding PTG and community that respond most generously to our fundraisers and SCRIPSENCE Program. The considerable funds we raise each year help us to maintain a strong program and add significant capital improvements to our campus as well as instructional tools to the classrooms each year. Our fundraising and this Annual Giving Program enable our students to benefit from an excellent Catholic education at the lowest tuition rate possible. But that fundraising does not completely close gap between the cost to educate a child and the tuition that is collected, and that is why the Annual Giving Program was started.
We understand that we have asked our families to support a variety of campaigns this year, and we are humbled by the generous response to them. We are so very thankful to our community for their continuous gift of time, talent, and treasure. Unlike tuition, your voluntary donation to the Annual Giving Program is tax-deductible. Many of our families also participate in Corporate Matching Gift programs to increase their contribution. You are welcome to make a one-time gift or monthly installments. You may donate by sending in a check or making a donation online at our web site.
|Gift Amount||Cost per Month|
|$3,000||$250||Gift of $2,000||$167 per month Gift of $2,000|
Please prayerfully consider contributing to this year’s Annual Giving Program. Any amount is appreciated. Checks can be made out to the OLA School Annual Giving Program. If you need assistance, please contact Theresa Parulan at 489-8958 or Parulan@olaparish.net. Your prayers and support are deeply appreciated.
Sincerely in Christ,