We began our 2014-15 school year in this beautiful new building! Now that we have settled in we need to continue our work as a school community to purchase this building. As families of CIS, we are all members of our CIS Foundation and it is by working together as a community that we will achieve this goal. TO PURCHASE OUR BUILDING.
To Recap:
Our school budget nor the CIS Foundation budget have enough funds to provide a down payment to purchase this new builidng. Therefore our CIS Governing Council signed a Lease with an Option to Buy agreement. This agreement offers us the opportunity to purchase the building within a four year period. Within the next four years we need to come up with approximately $700,000 to secure purchase of this building. Until then, we will lease the building for approximately $30,000 per month. So it is definitely to our benefit to purchase the building as soon as possible since our payments on the loan will be less than lease payments.
As a charter school we are required to be in a publicly owned building by our next renewal year, 2017. THIS BUILDING helps us fulfill the CIS mission, with space to continue to grow inquiry and global understanding in our community's children!
We can do this!
Some of the $700,000 will be raised through the use of SB9 CapitalOutlay Funds designated for our school from the state. Approximately$200,000 in the next four years will be generated for our school. Add to this amount a donation from our current owner of this building of approximately $75,000 towards the purchase of the building. Therefore as a school community we need to work with the CIS Foundation to raise approximately $425,000 in four years. This translates to a fundraising goal of $107,000 per year.
This is how you can help raise $107,000 per year to purchase this building:1.Make a tax-deductible donation to the CIS Foundation Tax ID#: 03-2177700-00-4a. This can be done directly by making a donation to the CIS Foundation.
b. Through your employment other direct method through United Way.
2. Solicit donations from businesses or family members all of which are tax-deductible CIS Foundation Tax ID#: 03-2177700-00-4. Please contact diaz@corralesis.org if you would like a letter to donors!
3. Purchase a brick or two to commemorate your family, student, or loved one. Bricks will be used to build a CIS Journey wall and pathway. BrickRUs site https://www.bricksrus.com/order/cis/index.php4. Target REDcard Take Charge of Education Program, with a Target REDcard, you can go to their site https://www.secure.target.com/redcard/tcoe/home and register your card. A percentage of all sales will go to CIS. Our school membership code is 148643.
While this may sound like a large amount to raise, monthly or yearly gifts from friends and family can help us reach our goal.
Take a look at the following chart and see how the donations can add up.
|
Potential Amount Per Year
|
Donors
|
Donation per month (rounded to nearest cent)
|
Donation per year
|
Yrs
|
Donation Amount
| |
$ 1,000.00
|
20
|
$ 83.33
|
$20,000.00
|
4
|
$ 80,000.00
| |
$ 500.00
|
20
|
$ 41.67
|
$10,000.00
|
4
|
$ 40,000.00
| |
$ 300.00
|
30
|
$ 25.00
|
$ 9,000.00
|
4
|
$ 36,000.00
| |
$ 250.00
|
40
|
$ 20.83
|
$10,000.00
|
4
|
$ 40,000.00
| |
$ 100.00
|
50
|
$ 8.33
|
$ 5,000.00
|
4
|
$ 20,000.00
| |
$ 50.00
|
100
|
$ 4.17
|
$ 5,000.00
|
4
|
$ 20,000.00
| |
$ 25.00
|
200
|
$ 2.10
|
$ 5,000.00
|
4
|
$ 20,000.00
| |
TOTALS
|
460
|
|
$64,000.00
|
|
$256,000.00
|
Many of you have stated how proud you are of our work. Our extensive waiting list attest to your confidence in us in educating your children. Please help us continue our momentum and meeting our fundraising goal of $700,000 to purchase this beautiful facility for our students.
Some great examples set by members of our community are to ask friends and family to write a check or BUY A BRICK for CIS in lieu of a birthday present, donate to the Corrales International School Foundation through the United Way as soon as possible, or ask businesses that you have a connection with to donate to our amazing school. Our CIS FOUNDATION is lead by parents just like you who need your help and suggestions. Please consider attending a CIS Foundation Meeting or email one of these fabulous parents. Anna Prewitt John Perea Raj Shethia George Bachand Carl Grending John McCall CIS is in existence and will continue to be in existence because of the hard work and generosity of parents and staff working together. This is an exciting time for our school as we take the next natural step in owning our own building. We hope that we can continue to count your support! Respectfully, Dr. Elsy Diaz Head of School Corrales International School |
