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Regina Benefits
Funding Priorities
To ensure the long-term financial strength of the school, while also helping to meet annual operational costs, the boards of the Foundation and the Regina Board of Education concur on these funding priorities.
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Teacher Endowment Fund – Quality education comes at the hands of quality educators. Regina teachers make a personal sacrifice to teach at a Catholic school. The teacher endowment fund helps to guarantee a just salary for our dedicated teachers.
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Tuition Assistance Endowment Fund – Currently, 25% of Regina families receive some type of tuition assistance. The Tuition Assistance Endowment fund helps ensure tuition assistance for K-12 students who are in financial need. This fund helps make certain Regina remains a Catholic school where all who choose to attend can regardless of finances.
Annually, on behalf of its generous benefactors, the Regina Foundation contributes about 10% of all operating revenues available to the school. The tables below reflect the $470,000 in funds/gifts raised via the Foundation’s 2010-2011 Annual Appeal; as well as other payments ($856,780), which will benefit Regina in the 2011-2012 school year from previous campaign and endowment-building efforts.
Annual Appeal 2010-2011 - Raised $470,000
| $175,000 |
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Operational Budgets
(Regina and its Foundation) |
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| $170,000 |
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Regina Special Projects/Programs
>$78,107 - Donor Restricted to Academics, Athletics, Fine Arts, Special Events
>$41,000 - Invested Endowment Gifts
>$30,000 - Technology Updates
>$13,500 - Regina Booster Club
>$ 7,393 - Other Restrictions |
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| $100,000 |
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K-12 Classroom Enhancements
replace outdated desks, tables, chairs, carpets, blinds, and purchase of dehumidifiers to prevent moisture build-up in rooms |
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| $ 25,000 |
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Continuing Education for Teachers |
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Foundation Payments to Regina in 2010-2011 - $856,780
| $250,000 |
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Teacher Salary Enhancement
Fueling the Fire of Faith Campaign Payout |
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| $125,000 |
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Regina President & Support Staff
2007-2008 Annual Appeal Funds |
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| $ 25,000 |
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Regina Sunday |
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| $132,890 |
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Regina Technology |
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$ 76,576
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Regina General Endowment
5% Interest Income Payout |
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$ 91,626
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Tuition Assistance Endowment
5% Interest Income Payout |
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$ 21,088
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Teacher Salary Endowment
5% Interest Income Payout |
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$ 11,900
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Tuition Assistance Scholarships
5% Interest Income Payouts from Named Endowed Scholarships |
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$122,700
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Special Projects & Programs (donor restricted)
$55,245 Athletics
$23,644 Margaret Collins Trust/Tuition Assistance
$16,130 Classroom/Curriculum
$11,250 Fine Arts
$ 7,365 Special Events
$ 9,066 Miscellaneous |
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2140
Rochester Ave PO Box 1581
Iowa City, IA 52244-1581
Phone: 319.354.5866 Fax: 319.354.1911
email: info@icreginafoundation.com |
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