How Your Gifts Help
2005-2006 School Year
To date, the Foundation, through the generosity of our donors, provided funds for these Regina needs in the 2005-2006 school year:
| $250,000 |
Fueling the Fire of Faith Regina Faculty Fund (not endowed) |
| $39,915 |
Regina Tuition Assistance Endowment Fund |
| $11,589 |
Regina Teacher Endowment Fund |
| *$6,033 |
Fueling the Fire of Faith Campaign Regina General Endowment |
| $8,000 |
Endowed Scholarship Funds |
| $3,660 |
Restricted Memorial/Honorary Gifts |
| $18,496 |
Restricted Regina Projects/Programs (academic, athletic, fine arts) |
| $24,241 |
Restricted to Regina Booster Club for Romanowski/Regina VIP Golf Tournament (raised by the Booster Club) |
| $10,441 |
Run For The Schools (an additional $10,441 was attributed to the Teacher Endowment Fund) |
| $45,700 |
Fill the Gap |
* This was the first payout from the Regina General Endowment, created through the Fueling the Fire of Faith campaign. When this fund is fully realized (approximately 2009), Regina will receive an annual payout of $75,000. All permanently endowed funds pay approximately 5% of the principal interest income annually to Regina.
Fueling the Fire of Faith Capital Funds were not included in Regina’s general operating budget. Capital funds gifted to Regina from the Foundation in FY2005-06 was $1,107,324.36.
2004-2005 School Year
The Catholic Community Foundation provided funds for 7% of Regina’s overall $4,186,406 million budget for the 2004-05 school year.
Funding Priorities
To ensure the long-term financial strength of the school, while also helping to meet annual operational costs, the boards of the Foundation and the Regina Board of Education concur on these funding priorities.
- Teacher Endowment Fund – Quality education comes at the hands of quality educators. Regina teachers make a personal sacrifice to teach at a Catholic school. The teacher endowment fund helps to guarantee a just salary for our dedicated teachers.
- Tuition Assistance Endowment Fund – Currently, 25% of Regina families receive some type of tuition assistance. The Tuition Assistance Endowment fund helps ensure tuition assistance for K-12 students who are in financial need. This fund helps make certain Regina remains a Catholic school where all who choose to attend can regardless of finances.
- Regina General Endowment Fund – This fund is essential to the long-term financial health of Regina. The Regina Board of Education assesses the greatest need and the resulting best us of the annual payout from this fund.
