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SPICE 2021: SPICE Together
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We are pleased to announce this year’s Christ the King SPICE chairs: Katie and Clete Blakeman and Amy Cannella and Tony Griess! They will bring amazing enthusiasm and ideas to our annual event that builds up our Educational Trust, which, in turn, pays for a substantial part of our parish’s operating budget in running our school. Because of continued health concerns in the community, we are planning a virtual version of the event at our usual time of the year. This year’s SPICE will be "SPICE Together", and will occur on Friday, June 4th, 2021. Click the link below to register for SPICE. With all that’s gone on these last twelve months, we could all use a chance to SPICE things up!
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About SPICE
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The SPICE (Supporting Parish Investment in Catholic Education) dinner is held annually in June to benefit the Christ the King Educational Trust. The Educational Trust was formed in 1979, under the direction of Monsignor Robert J. Gass, to ensure the availability of a Catholic education to all children of the parish. Many parishioners worked closely with Msgr. Gass to raise the initial money for the Trust. This Trust has been managed by a Board of Trustees since its inception, and now has assets of over $5.4 million.
The money in the Trust comes from many sources. First, the assets are invested and any interest earned is returned to the Trust. Additional growth comes from donations, gifts from estates, and fundraisers such as SPICE.
Since its inception, the Educational Trust Fund has provided the money necessary for tuition assistance and for many special projects. These improvements have been and will continue to be important to the long-term vitality of the school and parish. If the funds were not available within the Trust, the money would be sought through the parish budget, higher tuition, special assessments, or further funding.
Since 1992, over $3.9 million has been spent from the Trust to address requirements of Catholic education at Christ the King.
The long-term goal is to grow the Trust to $10 million in order to pay one-third of the operating budget of the school through interest earned. This change will secure the financial future of Christ the King school, and enable the parish to use more of its budget on other parish needs.
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