Malama- A Campaign for the future of St. Anthony Junior-Senior High School
- Introduction
- Case Elements
- Affordable Education Endowment
- Faculty Endowment
- The Now Fund
- How to Donate
- FAQ
- Contact Us
Introduction:
St. Anthony Junior - Senior High School has continued to provide quality Catholic education in the Marianist spirit to young men and women on Maui for over 160 years. St. Anthony is an ‘ohana- a living and dynamic community of sharing and learning where academic competence, commitment to faith-filled service, social awareness, and leadership skills are developed.
Today, we have an opportunity to build on this foundation and ensure that future generations of students have the opportunity to receive this same gift.
Over the next five years St. Anthony Junior - Senior High School will focus on establishing an endowment of $9.5 million and $500,000 for the “Now Fund” which will go towards immediate needs. The funds from our endowments will help create affordable education through scholarships and financial assistance, and also bolster faculty attraction, retention, and development. A successful Phase I will help secure our future and build momentum for a Phase II campus redevelopment campaign.
Affordable Education Endowment: 
Financial Assistance Fund - $4,000,000:
The first element of our $10 million campaign is a $5 million Affordable Catholic Education Endowment. Of the $5 million, $4 million will be designated towards our Financial Assistance Fund. The monies received from this endowment will enable St. Anthony to increase the number of families who will qualify for financial assistance, reducing the amount now taken from the operation budget by 90%.
Academic Merit Scholarships - $700,000:
Twelve partial Academic Merit Scholarships will be awarded annually to incoming 7th graders and outstanding 8th-12th graders who maintain a high grade point average. These merit scholarships will help in recruiting new students and awarding those committed to academic excellence.
Special Achievement Awards Fund - $300,000:
St. Anthony is home to numerous clubs and athletic teams who have historically done well in island, state and nation-wide competitions. The Special Achievement Awards Fund will ensure that any St. Anthony teams or clubs that must travel to participate in higher levels of competition can focus their energies on exemplary performance rather than on fund-raising to meet expenses.
Faculty Endowment
Administrator’s Fund - $1,000,000:
The Faculty Endowment Fund will ensure all faculty members are compensated and awarded for the outstanding work that they do. Over the next five years, the proceeds from this fund will allow St. Anthony to increase average teacher salaries by 25%, helping us to attract and retain quality educators.
Chair for Teacher Awards Fund - $2,000,000:
Over $10,000 in bonuses will be awarded each year to four outstanding teachers within different tiers of experience. Students, parents or peers can nominate a teacher and our Board of Directors will choose recipients annually. These bonuses will range from $1,250 to $5,000 depending on the teachers’ years with the school.
Faculty Development Fund - $1,000,000:
Learning does not end once a teacher receives his or her degree; the art of teaching continually develops and changes. Technology and techniques are also changing at a rapid pace. The Faculty Development Fund will enable St. Anthony’s faculty to attend workshops and seminars to improve their skills. This fund will also provide the opportunity for teachers to seek advanced academic degrees and experiences.
Faculty Recruitment Fund - $500,000:
The Faculty Recruitment Fund will enable St. Anthony administrators or board members to actively recruit teachers from all over the country. This fund would also allow St. Anthony to provide incentive packages for outstanding candidates.
The Now Fund - $500,000
Tuition only provides a portion of the actual cost of an education at St. Anthony Junior-Senior High School. The Now Fund will help close this gap, enabling St. Anthony to address many of the immediate needs of our schools. The Now Fund will help support building maintenance, adopting green initiatives, enhancing athletic programs, expanding technology and many other current needs at our school.
How to Donate
A successful campaign will enable St. Anthony to assist more students in receiving a Catholic Education and will help our school to recruit and retain highly qualified and dedicated faculty.
To make this vision a reality, the campaign will need support from the entire St. Anthony `ohana. We ask that everyone commit to a 5-year pledge according to their financial circumstances to help us reach our $10 million goal. |
Below is a gift table to illustrate examples of how a 5-year pledge is completed:
St. Anthony Junior-Senior High School is a 501(c)(3) organization and all gifts are tax deductable as charitable donations to the full extent of the law.
Ways to Give*
Cash/Check/Credit Card- These are the most common forms of giving. Reminders will be sent according to the payment plan specified by donor. Credit card payments can be deducted automatically.
Stock- Gifts of appreciated stocks can be very beneficial to donors.
Real Estate- Gifts of land are a great way to give substantially to our campaign.
I.R.A.- Donors over the age of 70 ½ can donate the funds they are required to withdraw for a generous tax break.
Bequest- St. Anthony Junior-Senior High School is able to acknowledge intentions left in a will if the donor is over the age of 70.
* Please refer to a financial adviser for more details regarding methods of giving.
Frequently Asked Questions:
QUESTIONS ABOUT THE CAMPAIGN
What is the time period for the campaign?
What is the campaign goal? What will the money go towards?
How much of the endowments annual investment return will be reinvested back into the endowment?
Have our competitors established endowments?
Why is the initial payment of 10% of the total pledge encouraged?
Are there different ways to fulfill my pledge?
To whom should payment of a gift or pledge be made?
How should subsequent payments be made?
Are gifts to this campaign tax deductible?
Why do you think we can give a gift at this level?
I am very interested in this campaign! Who should I contact?
QUESTIONS ABOUT THE SCHOOL
How many students are enrolled?
How much is the annual tuition?
Which grades does the School serve?
How long has the School been serving the youth of Maui?
Who operates or sponsors the School?
Does the School offer Advanced Placement (A.P.) courses?
What is the average class size?
What is the student to teacher ratio?
What is the time period for the campaign?
The active gift solicitation period of the campaign should last until August 2010. Pledge collection will then last 5-years until 2015.
What is the campaign goal? What will the money go towards?
The minimum financial need for the campaign is $10 million, and will be distributed toward the following case elements:
Affordable Catholic Education Endowment
|
$5,000,000 $4,000,000 |
Faculty Endowment
|
$4,500,000 $1,000,000 |
The Now Fund |
$500,000 |
What is an endowment?
An endowed gift is one that the School will hold in perpetuity. The gift is invested with only a portion of its annual investment return being used to fund the case elements outlined above. To guard against the eroding consequences of inflation, the remaining investment return is added to the principle. The goal is to ensure that the principle maintains its value over time. Thus, a donor who creates an endowed gift today can be confident that it will grow and continue to support Saint Anthony Junior – Senior High School for years to come.
How much of the endowments annual investment return will be reinvested back into the endowment?
The reinvestment policy states that no less than 10% of the annual investment return will be reinvested back into the endowment. Donors may set the annual investment return reinvestment percentage rate of their gifts according to the following table.
Gift Amount |
|
$500,000 + |
Up to 50% |
$250,000 - $499,999 |
Up to 25% |
Below $250,000 |
10% |
How do I know that my donation to this campaign will go towards the elements outlined in the case for support?
Saint Anthony Junior Senior High School is going to great lengths to ensure that the funds raised for this campaign will be used exclusively for the elements outlined in the campaign case for support. An endowment committee comprised of Saint Anthony and other community leaders will assist the Board to ensure the distribution of spendable income from the endowment is used exclusively for the outlined campaign elements. Monies collected will be kept separate from the School’s general account.
With uncertainty and volatility in the financial markets, why should we rely on endowment to ensure the future of Saint Anthony’s?
Endowment enables the School to establish a firm financial foundation of which can be built upon.
- Over the past 10 years educational endowments have still realized a 6.5% average rate of return even through the “Dot Com” bust, the real estate downturn, and the financial system crash.
- Not only does the endowment grow through reinvestment, but also through the addition of new gifts.
- Most independent schools rely on their endowments spendable income for a portion of their operating budgets.
- Even public school systems are establishing endowments.
Have our competitors established endowments?
Yes.
|
$7 Billion |
Why is the initial payment of 10% of the total pledge encouraged?
With all of the great advantages of an endowment there comes one challenge, we can only use the spendable income from the annual investment return. If there is no money invested then there will be no spendable income to fund the different campaign elements. The sooner we collect money, the sooner the endowment can have a positive impact on our students, families, and faculty.
Are there different ways to fulfill my pledge?
Yes. Donors to the campaign can fulfill their pledges through several different vehicles, which include: Check/Cash, Credit Card, Stock Transfer, Real Estate, Personal Property, Bequest, Life Insurance, and other Planned Gifts.
To whom should payment of a gift or pledge be made?
| All payments should be made payable to: | St. Anthony Junior - Senior High School Memo: SAJSHS Campaign Fund |
|---|
How should subsequent payments be made?
Donors may choose to pay pledge balances monthly, quarterly, semi-annually or annually. Reminders will be sent according to the pledge redemption schedule the donor specifies.
Are gifts to this campaign tax deductible?
Yes. As a 501(c)3 Organization, gifts to Saint Anthony Junior - Senior High School are tax deductible, to the fullest extent allowed by law. Contact your tax advisor for more information.
Why do you think we can give a gift at this level?
No intrusive research of your financial wherewithal was conducted, and request amounts are based primarily upon your past generosity and also the financial needs of the School. You are simply being asked to consider a gift at a specific level and it is our hope that you give this request some thought and prayer.
I am very interested in this campaign! Who should I contact?
Please contact the Development Office if you are interested in supporting the campaign or if you have any questions or concerns regarding the campaign. The campaign office is located in Damien Hall. The phone number is (808) 244-4190 x268.
How many students are enrolled?
- 2008 – 2009 school year: 242
- 2009 – 2010 school year: 184
The current economic downturn has had an initial impact on families and their ability to pay for tuition. This campaign will help families cover the cost of tuition, which will in turn steady and then bolster our enrollment.
How much is the annual tuition?
For the 2008 – 2009 and 2009 – 2010 school years the annual tuition was and is set at $9,200 plus fees for all grade levels. The annual tuition rate will stay the same until further notice.
Which grades does the School serve?
The School serves grades seven (7) through twelve (12).
How long has the School been serving the youth of Maui?
The School has been in existence for 160 years.
1848 A one room school house is erected on the grounds of Saint Anthony Church
1883 The Society of Mary assumed the administration of the boy’s school
1884 The girls’ school is founded under the direction of The Franciscan Sisters of Syracuse
1968 The boy’s and girl’s schools merge
1972 A junior high curriculum is added
Who operates or sponsors the School?
The School is co-sponsored by the Diocese of Honolulu and the Marianist Province of the United States. The School is owned and operated by the Diocese of Honolulu.
Does the School offer Advanced Placement (A.P.) courses?
- English Language and Composition
- English Literature and Composition
- Calculus AB
- Calculus BC
- Environmental Science
- U.S. History
- European History
What is the average class size?
The average class has 22 students.
What is the student to teacher ratio?
The student to teacher ratio is currently 15:1.
Contact Us
Please Contact our Development Office if you would like more information, are interested in donating or volunteering for our campaign. Mahalo for taking the time to learn more about our campaign and considering your support.
Kathleen DeLima- Development Director(808) 244-4190 x 268 office
