The Bellingham Business Journal
St. Paul’s Academy recently announced that they have raised $1,025,480 in donations and pledges since Dec. 16, 2009 for a new school.
Last month, the academy began an intense campaign to raise money for the new school’s capital campaign. Challenged to raise $330,000, the school embarked on an aggressive internal campaign to raise money that is earmarked to provide furnishings for the new school building, which will be built on its Victor Street site.
Parent participation in this campaign was extraordinary and as of Jan. 25, parents pledged a total of $540,480 to the furnishings fund.
St. Paul’s major fundraising event of the year, the 13th Annual Saluté Gala and Wine Auction, took place at the Hotel Bellwether on Saturday evening Jan. 23. Focused on wine and open to the community, the event raised money for both the operating fund and the capital campaign of the school. Even in this difficult economic year, giving was at an all time high. The total auction proceeds were in excess of $485,000.
“It has truly been an epic period for St. Paul’s Academy. With more than $1 million in donations we are excited and enthusiastic about our plans to expand our school,” said Sarah Brand, development director at St. Paul’s.
Final negotiations regarding financing the $11.4 million building project are still underway, but construction is expected to be completed next summer.
The mission of St Paul’s Academy is to provide academically capable and willing students a rigorous course of instruction, emphasizing leadership, achievement and moral and spiritual development in the Episcopal tradition.