Why Give?
Your
gift to The Annual Fund provides essential support for OLA’s talented faculty,
exceptional academic programs, and supreme opportunities for students.
Join the many parents, grandparents, alumni, parents of alumni, faculty, staff,
and special friends in making a gift to the Annual Fund. It’s the best
way to demonstrate your belief in the value of an OLA education.
What is The Annual Fund and where do its dollars go?
Whether it’s inside or outside of the classroom, The Annual Fund helps OLA live
up to its mission of nurturing the whole child – mind, body and spirit. Like
other Catholic schools, The Annual Fund is an annual fundraising appeal to
bridge the gap between the total cost of operating the school and tuition
revenue. Tuition alone cannot fund the entire cost associated with a private
education at OLA or any other independent school. Tuition covers 80 percent of
our school’s annual operating budget. OLA relies on gifts to the Annual Fund to
raise a portion of the additional 20 percent needed to sustain the school’s
commitment to providing each student with the highest quality education
possible.
The money from this fund allows students to continue to
experience the great music, art and physical education programs we offer here
at OLA.This money ensures that technology
and curricular enhancements - like the brand new “Reading Street” reading
series continue to occur. It also provides for the continued professional
development for our outstanding teaching staff so that they can continue to offer
the best education to the students of OLA.
Why can’t OLA increase tuition to cover the full cost of educating each
student?
Large increases in tuition would make OLA less affordable for many families.
Our philosophy is to prudently manage the operational budget to minimize
tuition increases. Tax-deductible
donations to The Annual Fund, keep tuition costs manageable and provide needed
funds to operate the school including financial aid to needy families.
How does your gift to The Annual Fund attract support
from outside organizations?
Many corporations provide a match for every dollar contributed to The Annual
Fund – essentially doubling and even tripling the value of your gift.
Also, corporations, foundations, and other grant-making
organizations look first at the voluntary support provided by OLA’s community
before deciding the level at which they will support our school. A high
participation rate from OLA’s community is critical. Every gift makes a
difference.