Organization: BILLINGS CATHOLIC SCHOOLS FOUNDATION
Mission: FOSTERING THE CONTINUED SUCCESS AND ENRICHMENT OF THE BILLINGS CATHOLIC SCHOOLS
Activities: PROVIDING SCHOLARSHIPS AND DISTIBUTIONS TO THE BILLINGS CATHOLIC SCHOOLS WHICH INCLUDES:$382,594 FROM THE BILLINGS AREA CATHOLIC EDUCATION TRUST$197,601 FROM THE MAYFAIR FUNDRAISER$17,032 FROM THE ANNUAL FUND$154,635 FROM THE PORTER ENDOWMENT$23,500 FROM THE FOUNDATION$8,000 FROM SPECIAL EVENTS$20,000 FROM THE DUFFNER ENDOWMNENT$450 IN ANNUITY PAYMENTS ON DEFERRED GIFT ANNUITIESOTHER EXPENSES MAKING UP TOTAL PROGRAM EXPENSES INCLUDE DEPRECIATION OF $537,030 RELATED TO THE NEW SCHOOL BUILT, INTEREST EXPENSE OF $50,713 RELATED TO DEBT ACQUIRED IN CONNECTION WITH THE CONSTRUCTION OF THE NEW SCHOOL, AND $1,973 IN UNCOLLECTIBLE PROMISES TO GIVE THAT WERE SPECIFICALLY PROMISED FOR FINANCING THE NEW SCHOOL.
NTEE category: Education
Secondary category: Philanthropy, Voluntarism & Grantmaking Foundations