Funding

Our Sources of Funding

Tuition and fees account for only three percent of our revenue. The majority comes to us through the generosity of individuals and family foundations.

Tuition

• It is set at $1,400, but no one is turned away due to financial circumstances.
•  Our actual direct cost of educating each child is $7,800; adding Ascension’s share of central office expenses brings our cost to $12,300.

Cafeteria

• 81% meet federal guidelines for free or reduced lunch.
•  A family of four qualifies for free meals if its annual income is less than $57,720, a level set by the federal government.

Large foundations and other organizations

• They contribute 20% of our revenue. 
• This includes subsidies from the Catholic Services Appeal Foundation.

Individuals and family foundations

• We get 69% of our revenue from individuals..
• We offer school tours for donors and potential donors so they can better understand how our school works and meet scholars.
• We do four major mail appeals each year: fall, Christmas, spring and year end.