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Financial Statement
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The Magnify Fundraising Partnership for Education Excellence is a campaign to raise funds for improving and expanding the education programs at Kirkland Seventh-day Adventist School and Puget Sound Adventist Academy. These sister schools share a campus in Kirkland, Washington and provide quality, private, Christian education for approximately 231 young people in grades K-8 at KSDA and 9-12 at PSAA.
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The goals for the Magnify Fundraising Partnership are to establish an endowment, expand and strengthen the curriculum, and rebuild the school facilities (which are over 60 years old). One-hundred percent of the donated funds will be used to achieve these goals.
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The initial $1M raised will be used to create the Magnify Endowment. All donated funds will be deposited into a trust account. Interest earned from this endowment will be held in reserve to provide tuition assistance and support for the school in case of non-recurring expenses.
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The plans and scope of the Magnify Fundraising Partnership are scaleable. It is unknown at this time how much God will provide through generous donors like you. The plan is to build the best and the greatest school possible within the scope of the funds that are raised.
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These schools have been and will continue to be operated on a very lean budget. The objective of the schools’ boards is to keep tuition affordable, enabling as many students as possible to obtain quality Christian education in the greater Puget Sound area.
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Providing quality education that prepares students for college, and moral leadership for a life of service to mankind, are core values of these schools. The Magnify Fundraising Partnership is an opportunity for you to influence the direction of a child’s life. Every partner involved will have an impact on the lives of these young people – not only while they are in school – but for the rest of their careers. Your investment will be magnified.
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Thank you for joining the Magnify Fundraising Partnership – your support is greatly appreciated.
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