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Q:
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What exactly is the Annual Fund?
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A:
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The Annual Fund is critical to Maranatha's fiscal health. Donations are used to close the gap between tuition income and the actual cost of educating students at Maranatha. The 2008-09 gap is approximately $2,070 per student. Annual Fund proceeds are used a) to purchase classroom supplies, b) for faculty professional development, c) to provide tuition assistance for families with documented need, and d) for day to day operational and maintenance expenses. It is essential from a budgetary standpoint that Maranatha reaches its Annual Fund goal each year. The 2007-08 Annual Fund goal is $325,000.
The Capital Campaign is a separate and strategic development effort to raise needed funds for capital improvements and renovations on our new campus, especially at this time in the school's institutional life. The school's general operating budget does not provide funds for these types of improvements. Through our Parent Partnership Program, our parents are asked to participate in the Annual Fund. The 2008-09 Annual Fund goal is $435,000.
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Q:
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What is the Parent Partnership Program?
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A:
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The Parent Partnership Program facilitates the Annual Fund. This program gives our parents an opportunity to partner with Maranatha to help "close the gap" between what the school charges in tuition and the actual cost to operate the school. For the 2008-09 school year, the gap is $2,070 per student. All parents are asked to make a pledge to the Annual Fund (in the gap amount if possible), which is renewed each year the student attends MHS, to help the school close the gap. Without a successful Annual Fund, the school would need to charge tuition and fees in excess of what is currently charged.
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Q:
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How often will I be contacted to donate to the school?
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A:
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Each year, every Maranatha family is not only encouraged but expected to participate in the school's Annual Fund. The school encourages donors to make (or pledge) their charitable giving to Maranatha at the beginning of the school year. Parents who make a gift to the Annual Fund each school year will generally not be asked for additional gifts throughout the school year. Of course, donor initiated gifts are always welcome and appreciated. All families will receive development mailings from time to time to update our community on the status of development efforts.
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Q:
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Can I restrict my gift to a particular area of interest?
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A:
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Absolutely! The school allows for and appreciates gifts that are designated to a specific area that is close to the donor’s heart.
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Q:
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Are there plans to expand the school’s facilities or renovate existing buildings?
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A:
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With record student growth over the past three years, the School Board is exploring avenues to ensure that our facilities and programs grow along with our student body. The architectural firm of Pica+Sullivan has been retained to assist us with immediate and long term planning. Following faculty and staff focus groups and feasibility studies, Pica+Sullivan has completed a detailed space utilization analysis for Maranatha which will serve as the basis for preliminary alternative site designs, for the School Board's review and evaluation.
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Q:
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Besides parent support, how else is Maranatha funding its operational expenses?
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A:
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Maranatha is actively seeking financial support from alumni, parents of alumni, grandparents, corporations and friends, as well as from local foundations. Our entire Maranatha community is needed to help Maranatha succeed.
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Q:
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If I have more questions, who should I speak with?
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A:
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Please contact the school's Director of Development, Patricia Ostiller, with any questions at (626) 817-4070 or at p_ostiller@mhs-hs.org.
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