SPS Foundation

 
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Saint Paul School Foundation Mission Statement

The mission of the Saint Paul School Foundation is to assist in providing for the long-term financial security of the Saint Paul School, Salem, Ohio. The Foundation provides financial assistance in the areas of curriculum, technology, school improvements and other projects that the board deems necessary to keep Saint Paul School in the forefront of Catholic education. The Foundation serves as a Trust with support from Saint Paul Parish families and friends, community members, businesses and corporations.
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Q. What is the purpose of the Foundation? A. To sustain the excellent Catholic Christian education provided at St. Paul School by providing financial assistance to the various school programs and facilities.
Q. Why do we need a Foundation? A. St. Paul School tuitions provide revenues that cover only a fraction of the total cost of educating its students. Currently, a Church subsidy makes up the shortfall. In order to help secure the school's future, alternative sources of funding are necessary.
Q. Who benefits from the Foundation? A. Children enrolled today at St. Paul School will benefit with updated materials and new equipment. Children enrolling in the future will benefit from the ongoing financial stability of the school.
Q. Who controls the Foundation? A. A Board of Trustees consisting of the pastor, the school principal, a member of the parish council and a group of selected individuals.
Q. How can I make a gift to the Foundation? A. Your tax deductible gift to the St. Paul School Foundation may be in the form of a check, cash or other property easily convertible into cash (life insurance, annuities, stocks, real estate, etc.). The Foundation can also be named the beneficiary of a bequest.
Q. Can my donation be earmarked for special purposes? A. Yes. The Foundation has an Endowment Fund, an Unrestricted Fund and a Designated Gift Fund.
Q. If I have any further questions, how can I get them answered? A. By contacting St. Paul School, 330.337.3451 or send us an e-mail.