The History of FSA
In 1981, St. Agatha School nearly closed its doors because rising costs threatened to end what was then 70 continuous years of education. The threat was very real. At that time, other parish schools had closed because of similar financial struggles.
In response to this financial crisis, a group of parishioners formed the Friends of St. Agatha, whose immediate purpose was twofold: to collect enough sustaining contributions to prevent the school from closing – which it did, thankfully – and to ensure the long-term viability of the school through the sustained contributions of parishioners, school parents, grandparents, alumni, and others.
Today, FSA continues to serve a vital role in the education of St. Agatha School students. The trust is supported by the tax-deductible contributions of parishioners, school parents, grandparents, alumni and others dedicated to the preservation and development of St. Agatha School.
What Are The Goals and Objectives of FSA?
The goals and objectives of FSA are simple and straightforward: (1) to improve the educational opportunities at St. Agatha’s School; (2) to maintain and improve the excellent educational environment at St. Agatha’s School; and (3) to provide for a stable source of funding for the continued operation of St. Agatha’s School.
FSA Governance
The Friends of St. Agatha is governed by a legal trust document and guided by an administrator and five member Board of Trustees that consists of the parish pastor and lay men and women with business, legal, accounting and investment backgrounds.
How Are FSA Funds Used?
Contributions to FSA are used exclusively to support St. Agatha School. Periodically, funds are distributed to the school to support tuition assistance and general school operations. If it were not for the tuition assistance provided by FSA, some families would not be able to educate their children in the Catholic environment provided at St. Agatha.