Frequently Asked Questions
What is the Annual Fund and how does it differ from other fundraisers at CKS?
The Annual Fund is used to supplement day-to-day operations within the school. Unlike tuition or donations made through Parent Volunteer Association (PVA) events, donations to the Annual Fund are tax deductible. The Annual Fund runs from July 1st to June 30th, and every dollar raised through the Annual Fund is used to offset tuition for every child at Christ the King School. Due to the consistent and growing support of the CKS Annual Fund over the past several years, tuition increases have been minimal.
Why do we have both the Annual Fund and PVA Fundraising?
Due to the Annual Fund donations are made directly to the school to offset tuition. Donations made to the Annual Fund are tax deductible, and many corporations will match Annual Fund donations, doubling or tripling the value of your gift. On the other hand, the fundraising done by the PVA involves the entire community.These events build the sense of community that makes Christ the King School so special. Proceeds from PVA events are used for the betterment of the school but are not used to offset tuition specifically.
What exactly does my tuition payment cover?
Christ the King School, tuition covers about 90% of the direct operating expenses of running the school, including salaries and benefits, books and supplies, student support, maintenance of the buildings and grounds, and utilities.
How does the school pay for the remaining 10%?
The remaining 10% is covered by our fundraising efforts, with the vast majority coming from the Annual Fund. By keeping tuition lower by 10%, we are able to make Catholic education more accessible to families who want to provide their children a Catholic foundation.
Doesn’t the Archdiocese of Atlanta subsidize tuition?
No. As with all Archdiocesan schools in Atlanta, Christ the King School no longer receives subsidies. The 2001-2002 school year was the last in a five year phase out of school subsidies. During the five year phase out period, the subsidies paid to parish schools in the archdiocese were decreased 20% each year. In order to absorb these losses, significant increases in tuition rates were necessary. The Archdiocese funds a portion of the tuition assistance program at Christ the King School, but all other costs must now be borne by the school.
Doesn't the Cathedral of Christ the King's offertory help pay for education at the school?
All parishes within the Archdiocese of Atlanta are assessed 15% of their offertories in order to finance the Department of Education and Office of Catholic Schools. This money is paid by the churches directly to the Archdiocese, and a portion is returned to the schools in the form of tuition assistance for families who are not able to pay the full cost of tuition.
Why am I being asked to make a pledge before December 15th if the Annual Fund Drive runs through June 30th of next year?
All Annual Fund donations are spent in ‘real time’ to cover the financial needs of the school. The sooner that the school knows exactly how much the Annual Fund will raise, the easier it is to forecast the financial strength of the school’s budget.
What is the Endowment Fund and How Does it Work?
The Endowment Fund was created to provide long-term financial stability for Christ the King School, and recently surpassed $2,000,000 in market value.
This fund is the school's long term investment to provide tuition assistance, to support advanced degrees for teachers, and to keep tuition increases minimal.
May I donate stock to the School?
Yes. Many Christ the King School donors find it advantageous to make their gift to the school in the form of appreciated stock. See Gifts of Stock.
How do I find out if my employer matches my donations to CKS?
The list below contains companies that have generously donated to CKS this past year. If your company is not listed, please check with your Human Resources Department. Most companies that match education donations will match donations to Catholic schools. Once you receive your matching form from your employer, fill out your section of the form and send it to CKS with your check, or notify the school if you have registered your gift with your company online. We will then verify the receipt of your gift, so that we are eligible to receipt the corporate match.
|AT&T ||Bank of America |
|Blackrock, Inc. ||Boeing |
|Coca-Cola Company ||Equifax |
|Goldman Sachs ||Home Depot |
|IBM ||Jones Lang Lasalle |
|JP Morgan Chase ||Kimberly Clark |
|Merck, Inc. ||Merrill Lynch |
|Neenah Paper, Inc. ||PNC |
|ProLogis ||Publix Supermarkets, Inc. |
|Salesforce.com ||SAP |
|SunTrust Bank ||Time Warner |
|UBS ||UPS |
|Voya Financials ||Wells Fargo |
What are the Giving Levels at Christ the King School?
|1921 Founders' Society ||$25,000 + |
|Nil Sine Deo Level ||$10,000 -$24,999 |
|St. Marguerite d’Youville Level ||$5000 - $9999 |
|The Grey Nuns of the Sacred Heart Level ||$2500 - $4999 |
|The 1937 Level ||$1000 - $2499 |
|CKS Lion's Level ||$500 - $999 |
|The Blue and Gold Level ||up to $499 |
Time, talent, and treasure...how much should I give to the Annual Fund?
What and how to give is a personal decision determined by the individual or family.
We encourage you to support our school financially to the best of your ability, knowing that every dollar donated goes to offsetting tuition rates. The current Parent average gift last year was $970. Please remember that our most important goal is 100% participation according to every family's means. Achieving 100% participation from our families is essential in order to approach foundations which can assist the school through grants. As always, we seek everyone's support through a most important gift — the gift of prayer. Be assured of our most sincere thanks for supporting CKS!