Annual Fund FAQ
Q: What is the Annual Fund?
A: Monetary gifts that are received towards the school’s annual budget to sustain daily operations. Some of the annual budgeted costs include salaries, activities, computers, curriculum, lab equipment and utility bills. In addition to direct gifts, money is raised through special events including the John Elder Classic Golf Tournament and our spring mission support luncheon.
Q: Doesn’t my tuition pay for all the costs to run the school?
A: Although tuition and other fees provide for the majority of the total revenue needed to operate the school, a portion of the revenue is provided through the Annual Fund and giving to Tuition Assistance.
Q: Why don’t we just raise tuition rates to cover all costs of running the school?
A: We strive for affordable tuition rates so that excellence in Christian education is financially attainable for the Christian families of our communities.
Q: I have heard of the Salt & Light Fellowship. What is it?
A: A group of those who support the Annual Fund in a significant way. Each member provides at least $1,000 per year over five years in order that Norfolk Christian students might be salt and light to the world as ambassadors for Christ.
Q: Who receives tuition assistance?
A: Assistance is provided to applicants who demonstrate the need based on factors such as household income and number of students applying. All applications are reviewed by a committee who distributes aid according to need and the aid money available in the current year.
Q: Where does tuition assistance money come from?
A: Donors provide 100% of the funds used for tuition assistance.
Q: What is the Worthy Servants Program?
A: Gifts designated to the Worthy Servants program honor the efforts of our teachers and staff and recognize that they are the bridge between our students and a Christian worldview. These gifts are used to directly supplement faculty and staff salaries through a January and end-of-school-year bonus.
Q: Does tuition money pay for construction of our buildings?
A: No. Our board has made the conscious decision not to include the cost of new buildings or renovations in the cost of tuition. Separate capital campaigns are the source of these funds.
Q: What are the goals for the 2012-13 school year?
A: $575,000 for tuition aid and $175,000 for the Annual Fund, making the combined goal $750,000.
Q: How can I contribute?
A: There are numerous ways to give, some utilizing programs for state tax credits. Please see our Gift Options section of the web site for more information.
ANNUAL GIVING TO THE ANNUAL FUND
Striving to make Christian education available for many.
The Annual Fund allows Norfolk Christian Schools to set tuition at affordable rates so that the highest quality Christian education is available to as many families as possible. The Annual Fund fills the gap between the annual costs of operating our three campuses and the revenue we receive from tuition and fees. Gifts to the Annual Fund provide for critical needs such as teacher salaries, technology, textbooks and program enrichment.