How are Annual Fund dollars used?
Annual Fund revenues are a part of the budgeted operating revenues of St. Pius X. This year, our Annual Fund will be used in its entirety to help cover the $1,600 difference between the paid tuition per student ($11,430) and the actual cost to educate each student at our school. They are not “bonus dollars.” St. Pius X must have these monies to keep from operating at a deficit. To the extent Annual Fund donations exceed the budgeted amount; they will be used to address other fiscal needs of the school as determined by the principal.