CAB Annual Fund
Your gift to the Annual Fund makes a CAB education possible for 900+ economically, culturally and linguistically diverse students each year.
Together, we can change lives. Please support the Annual Fund today
The CAB Annual Fund is a fundraising effort managed by CAB’s Development team and realized through the dedication of generous donors, friends, families, alumni and foundations. CAB’s Board of Directors, Alumni Network and Development team work to secure gifts from private individuals, foundations and the school community at large. The latter includes alumni, current parents, past parents, faculty and staff.
Monies raised by CAB’s Annual Fund are used exclusively to support student scholarship. 93% of CAB students receive financial assistance (despite annual tuition being only $5,200), and CAB must raise $2.5 million each year solely for scholarships. CAB’s Board of Directors and Administration strongly believe that admission to CAB should be available to EVERY child who applies and meets admissions requirements – regardless of his/hers family’s financial situation.
Every donation helps CAB serve 900+ economically, culturally and linguistically diverse students on its four campuses.
Being an independent 501(c)(3) school means that we are a nonprofit, operating without financial support from local or federal taxes. We rely on tuition income, CAB Annual Fund income, major gifts and smaller private donations, monies raised at special events, and endowment income to fund scholarship needs at our school. The average amount a CAB family is able to afford covers only about 39% of what it costs to educate a student at our school. The CAB Annual Fund helps bridge that gap.
An endowment fund is an investment portfolio with the initial capital deriving from donations. Like savings accounts, they generate income from the investment of the principal yet the principal is never touched. For example, a gift to the Sr. Joan Magnetti Scholarship Fund is put in CAB’s endowment so that the fund grows and produces more income as the years pass. A gift to the endowment is not a gift to the CAB Annual Fund.
Many companies offer matching gift programs to employees and their families, allowing individual gifts to be doubled and sometimes tripled. All matching gifts are credited directly to you. To find out if your company has a matching gift program, please check with your Human Resources department. Please submit a completed matching gift form to CAB’s Development team using the address or email below. If you have any questions, please call our office at 203-362-2990.
The Catholic Academy of Bridgeport
Attn: Susan Cecere
63 Pequonnock Street
Bridgeport, CT 06604