Fundraising by the Home and School Association (HSA) provides the money for many programs that directly and indirectly benefit all of our school children. In ensuring that the burden of fundraising is shared by all families whose children benefit, a Fundraising Support Obligation Program (FSO) has been established.
This program gives families the option of paying the FSO fee on a prepaid basis or paying the fee and earning a rebate through participation in the designated fundraising activities.
The FSO fee amount will be determined each spring for the following year. This figure will be based on how much money the HSA determines it will need to raise through fundraising activities. The amount charged each family will then be based on the same declining scale as tuition.
Each year the officers of the HSA will determine the fund-raisers that will be held. They will publicize the fundraisers that will qualify for participation in the FSO, including the profit rate (how much credit each family receives for participation). Each family that participates in a designated fundraiser will receive a statement from the HSA showing the credit they have earned toward their rebate. These statements should be kept until the rebate has been received.
The Bursar will collect all funds from the program by billing all families. The HSA will notify the Bursar when a family has met the full Fundraising Obligation. Upon meeting their FSO, a family will receive a tuition credit. Fundraising activities for the year end in early May.
Once a final list of full and partial refunds is completed and given to the Bursar tuition accounts will be credited. The rebated amount will never exceed the amount of the family's FSO obligation or the amount of the prepaid fee.