SFDS Education Foundation
The SFDS Education Foundation was started in 1983 to provide supplementary operating funds for the school. Its founders realized that with the reduction in the number of Franciscan Sisters available as teachers, additional funding beyond tuition payments, would be needed for the school to continue to operate. It was hoped that the Education Foundation would eventually be able to provide one-third of the operating funds for the school. Through the generosity of parishioners and alumni, the Foundation is presently able to provide about 20% of the school operating funds. The Foundation is governed by a local Board of Directors and its by-laws state that only earnings (interest and dividends) from Foundation investments can be distributed to the school. The principle is to remain intact and grow mainly from contributions. Donors to the Education Foundation can rest assured that their donation will provide funding to the school in perpetuity.