Fundraising
Fund-raising
Each family is expected to provide $500 of fund-raising support to the school through any combination of the following:
1. Tax-deductible Contributions: tax-deductible contribution via cash or check payable to “Our Lady of Lourdes School.”
2. Scrip: Scrip profit must be earned by April 30. All scrip purchased or eScrip credited after April 30, will be applied to the next school year.
3. “All-School Fund-raisers”: You will be notified in advance when an “All-School” fund-raiser will take place. Please note that only designated fund-raisers will count toward this basic fund-raising goal. Other “targeted” fund-raisers may be held for specific improvements, i.e., computers, athletic equipment and classroom activities. These targeted fund-raisers do not count toward the $500 fund-raising obligation.
All fund-raising support is based on profit to the school, not amount of scrip or items purchased. Each type of scrip or fund-raiser has its own profit margin.
The $500 fund-raising support must be earned by April 30. If you have not met your obligation by this date, you will be billed a surcharge for the fund-raising you have not earned for the year. For example, if you raise $250 in fund-raising profit through April 30, the school will bill you for the remainder of $250. Important Note: If the school bills you for the balance, this amount cannot be considered a tax-deductible contribution. You must voluntarily provide a cash gift prior to April 30 in order for it to qualify as a tax-deductible contribution.
Below is a description of the fundraising opportunities at Our Lady of Lourdes School.
School Wide Fundraisers: These fundraisers generally include gift-wrap, candy, cookie dough, catalog sales, etc. Please make these available to your family, friends, and coworkers. A percentage of the gross amount goes toward your requirement.
Scrip: What is Scrip? Scrip is an easy way for you to fundraise, and it costs you nothing! You purchase cards that can be used at various stores and restaurants like cash. For example, you can buy $200.00 worth of Smart and Final Scrip, use it for your regular purchases, and the school gets a percentage as a rebate. This rebate is then credited toward your requirement. Scrip order forms are sent out in the Wednesday Envelope, and must be returned to the office with a check or cash by 3:00pm Thursday. The other type of Scrip is called eScrip. This is when you register a store club card (like Vons or Ralphs) on-line, and the school receives a percentage of what you spend every time you use that club card.
Matching Grants: Many businesses and corporations will match employee donations to schools. Please ask your employer about these generous programs.
Payroll Deductions: Employees using payroll deductions for community care programs may designate Our Lady of Lourdes School. Please contact your employer.
Cash Donations: Some families are blessed to have large financial resources, and can therefore contribute much more than the minimum requirement. Since our school is a 501 (c) (3) institution, donations are tax deductible. We would ask families in this category to consider Our Lady of Lourdes School when planning your annual charitable contributions.
Each family is expected to provide $500 of fund-raising support to the school through any combination of the following:
1. Tax-deductible Contributions: tax-deductible contribution via cash or check payable to “Our Lady of Lourdes School.”
2. Scrip: Scrip profit must be earned by April 30. All scrip purchased or eScrip credited after April 30, will be applied to the next school year.
3. “All-School Fund-raisers”: You will be notified in advance when an “All-School” fund-raiser will take place. Please note that only designated fund-raisers will count toward this basic fund-raising goal. Other “targeted” fund-raisers may be held for specific improvements, i.e., computers, athletic equipment and classroom activities. These targeted fund-raisers do not count toward the $500 fund-raising obligation.
All fund-raising support is based on profit to the school, not amount of scrip or items purchased. Each type of scrip or fund-raiser has its own profit margin.
The $500 fund-raising support must be earned by April 30. If you have not met your obligation by this date, you will be billed a surcharge for the fund-raising you have not earned for the year. For example, if you raise $250 in fund-raising profit through April 30, the school will bill you for the remainder of $250. Important Note: If the school bills you for the balance, this amount cannot be considered a tax-deductible contribution. You must voluntarily provide a cash gift prior to April 30 in order for it to qualify as a tax-deductible contribution.
Below is a description of the fundraising opportunities at Our Lady of Lourdes School.
School Wide Fundraisers: These fundraisers generally include gift-wrap, candy, cookie dough, catalog sales, etc. Please make these available to your family, friends, and coworkers. A percentage of the gross amount goes toward your requirement.
Scrip: What is Scrip? Scrip is an easy way for you to fundraise, and it costs you nothing! You purchase cards that can be used at various stores and restaurants like cash. For example, you can buy $200.00 worth of Smart and Final Scrip, use it for your regular purchases, and the school gets a percentage as a rebate. This rebate is then credited toward your requirement. Scrip order forms are sent out in the Wednesday Envelope, and must be returned to the office with a check or cash by 3:00pm Thursday. The other type of Scrip is called eScrip. This is when you register a store club card (like Vons or Ralphs) on-line, and the school receives a percentage of what you spend every time you use that club card.
Matching Grants: Many businesses and corporations will match employee donations to schools. Please ask your employer about these generous programs.
Payroll Deductions: Employees using payroll deductions for community care programs may designate Our Lady of Lourdes School. Please contact your employer.
Cash Donations: Some families are blessed to have large financial resources, and can therefore contribute much more than the minimum requirement. Since our school is a 501 (c) (3) institution, donations are tax deductible. We would ask families in this category to consider Our Lady of Lourdes School when planning your annual charitable contributions.
Our Lady of Lourdes School 315 S. Eastman Ave. Los Angeles, CA 90063 Phone: (323) 526-3813 Fax: (323) 526-3814
