Philanthropy is essential at Gem State Academy. Why? Tuition covers only 60% of operating costs (on average). Individuals who wish to augment Gem State Academy’s educational program may choose from the following giving options:
Annual Fund - unrestricted money that can be used wherever needed most. The Annual Fund covers things like: teacher salaries, books and teaching supplies, food, electricity, cleaning supplies and heat. While this may not be the most exciting giving option, the Annual Fund is essential. We can’t operate a school without teachers, and teachers can’t teach without supplies. Students can’t learn without proper nutrition, and it would be very hard to learn in a dim, dark classroom.
Worthy Student Fund - helps assure that no student is turned away. Your donation will be applied directly to a student’s account. Gem State Academy has a contract with a third party that evaluates the family’s financial situation, assuring that every student who gets a Worthy Student Scholarship is indeed “worthy!”
The Extra Curricular Fund - assists “worthy” students with such things as sports fees, music lessons, mission trips, etc. We want every student who comes to Gem State Academy to become well-rounded and have the opportunity to pursue their special interests. Extra-curricular activities help students build character, develop creativity, learn to express themselves, and make memories.
Capital Improvement Fund - helps maintain buildings and equipment. If you give a gift to the general Capital Improvement, it will be used to for the most urgent capital need as determined by school administrators.
The Committee of 100 - is a volunteer-led organization also
dedicated to making capital improvements at Gem State Academy. If
you give to the Committee of 100, your gift will be restricted to the
project(s) voted at the Committee of 100’s annual business meeting.
The proposed projects for 2012-2013 are parking lot lighting and
sealcoating and striping the parking lot.
The Roof Fund - In 2010 when it rained, it literally poured into some
of our buildings. The school raised money to replace the most
urgent roofs. But this is an ongoing need. The building that is next
in line for a new roof is the student residence.
Feed the Shine! - is an initiative of the 2011-2012 Student
Association to put a new ceiling in the cafeteria, new Formica on
the tabletops and build new salad and bread bars for the cafeteria.
Front Campus Beautification - is an initiative to purchase a new
school sign, new lawn sprinkler system and landscaping for the
south end of front campus.
Alumni Endowment Fund - An endowment fund is a pool of money that is placed in a special account for the purpose of generating income. Typically the principal is never spent, but each year a portion of the income can be drawn off for a specific purpose - and the primary purpose of the Alumni Endowment Fund is scholarships for worthy students. The average annual disbursement to student accounts is approximately $25,000. The Alumni Endowment Fund Investment Policy assures that the principal is never depleted and that the fund continues to grow.
Wayne Hooper Music Scholarship Fund - The purpose of this fund is to assure that young musicians are empowered to fully develop their God-given talent. This $1,000 annual scholarship is given to a sophomore or junior each year at the spring concert.
Restricted Donations - Gem State Academy accepts donations for a specific purpose or department as long as the school can fulfill the intent of the donation. For example, a person could designate a contribution to the science department, or specify that they want their donation used to purchase computers. However, we could not accept a donation to for the “basket weaving class” because the school does not teach basket weaving. When making an online designated gift, use the “Other” option and then specify the department in the “Description” line.
For more information, call 208-459-1627 ext. 158.