2016 - 2017 Fair Share Dues Schedule
Fair Share Dues Explanation We try to spread the cost of operating Bnai Keshet equitably among our members through our Fair Share dues schedule. Attached are two sheets that explain how the Fair Share Schedule for the 2017/5777 year was determined.
The Fair Share Schedule describes the various pieces of financial commitment and the purpose of each. We have assumed that members remain at the same Fair Share income bracket as last year. We similarly assumed that any children in the religious school will continue their religious education at BK. The Statement of Account summarizes the fees for the 2016 year based on the above assumptions.
Please review your statement for accuracy. If changes are needed, please request them on-line at http://www.bnaikeshet.org/duestuition, call the office (973-746-4889), or mail back the statement with any correction you might have. A revised Statement of Account will be generated and sent to you after changes are made. Please also use any of these methods to indicate your preferred method of payment, including setting up monthly charges to your credit card (you get to keep the points!)
2016 - 2017 Fair Share Dues Schedule Income Level
Minimum Dues $25,000 to $50,000 $50,001 to $75,000 $75,001 to $105,000 $105,001 to $135,000 $135,001 to $170,000 $170,001 to $200,000 Over $200,000
Fair Share Monthly Dues Dues Amount Amount $876 $73 $1,548 $129 $2,076 $173 $2,640 $220 $3,216 $268 $3,696 $308 $4,032 $336 $4,404 $367
Our Fair Share dues schedule welcomes membership at every income level. Please use your family’s Adjusted Gross Income to determine “income level.”
Young Family Membership $ 600 ($50/month) Families whose oldest child is entering first grade or younger are invited to join as a Young Family for their first two years of membership, or until their oldest child is in second grade.
Building Fund This fund is used for capital improvements to our facilities. Every family contributes to the fund during their first five years of membership. Young Family Members may choose to postpone contributions to the Building Fund. Income Level Up to $100,000 Over $100,000
Kiddush Fund
Building Fund Assessment $1,500 $2,500
Annual Payment (for 5 years) $300 or $25/month $500 or $42/month
Each family is asked to contribute $180 annually ($15/month)to the Kiddush Fund. Families wishing to personally cater a kiddush may opt out of this contribution by contacting the BK office.
Bet Midrash Tuition Fees for the religious school are listed below. Note that a 50% tuition discount applies to third and subsequent children enrolled in any given year. You will be sent instructions on how to register online for Bet Midrash after you have made arrangements to pay your dues for the coming year. Bet Midrash Grade Pre-K (must be 3 or 4 by October 1st) Gan (Kindergarten) Alef (1st Grade) Bet (2nd Grade) Gimmel (3rd Grade) Dalet (4th Grade) Hay (5th Grade) Vav (6th Grade) Zayin (7th Grade) Teen Program (8th & 9th Grade)
Class Times 12 Shabbat Sessions/Year
Bet Midrash Tuition $360
Shabbat 9am to 12pm Shabbat 9am to 12pm Shabbat 9am to 12pm Shabbat 9am to 12pm Wednesday 4:15pm to 6pm Shabbat 9am to 12pm Wednesday 4:15pm to 6pm Shabbat 9am to 12pm Wednesday 4:15pm to 6pm Shabbat 9am to 12pm Monday 5:30pm to 8pm Shabbat 9am to 12pm Monday 5:30pm to 8pm Tuesday Evenings and as otherwise announced
$1,080 ($90/month) $1,080 ($90/month) $1,080 ($90/month) $1,548 ($148/month) $1,548 ($148/month)
Fact: While tuition is the primary source of funding for Bet Midrash/Religious School, support from dues and fundraising is needed to provide the quality program that we value.
$1,548 ($148/month) $1,548 ($148/month) $1,548 ($148/month) $540 ($45/month)
The following terms apply to balances not charged to your credit card on a monthly/other basis: Tuition is due in full by September 9, 2016. We greatly appreciate the generosity of those who can afford to pay their balance in full early in the year. This helps BK in maintaining a healthy cash flow.
2017 Dues
Page | 2 of 4
Please return this page in the enclosed envelope, call the BK Office, or email us: [email protected], or go to http://www.bnaikeshet.org/duestuition. Please contact us as soon as possible if you need to adjust your dues level (up or down). Thank you. Name: _______________________________ Dues: ______ Kiddush Fee: $180 Building Fund: ___________________ Total: Enclosed is a check for $ ______________________. This is for full partial payment of my account. Please charge $ _________________________ to my credit card. Please charge $____ to my credit card on a monthly basis until I notify you to stop doing so. I understand the amount will be adjusted every year to reflect any increases in dues or fees. The amount can be adjusted by me at any time by notifying Bnai Keshet of my desire to do so. Please bill the balance of my account in equal payment over 3 months 6 months 12 months Credit Card #: ________________________________________ Exp. Date:_________________________ Name on Credit Card: ______________________________________
2017 Dues
Page | 3 of 4
The Fair Share Schedule describes the various pieces of financial commitment and the purpose of each. We have assumed that members remain at the same Fair Share income bracket as last year. We similarly assumed that any children in the religious school will continue their religious education at BK. The Statement of Account summarizes the fees for the 2016 year based on the above assumptions.
Please review your statement for accuracy. If changes are needed, please request them on-line at http://www.bnaikeshet.org/duestuition, call the office (973-746-4889), or mail back the statement with any correction you might have. A revised Statement of Account will be generated and sent to you after changes are made. Please also use any of these methods to indicate your preferred method of payment, including setting up monthly charges to your credit card (you get to keep the points!)
2016 - 2017 Fair Share Dues Schedule Income Level
Minimum Dues $25,000 to $50,000 $50,001 to $75,000 $75,001 to $105,000 $105,001 to $135,000 $135,001 to $170,000 $170,001 to $200,000 Over $200,000
Fair Share Monthly Dues Dues Amount Amount $876 $73 $1,548 $129 $2,076 $173 $2,640 $220 $3,216 $268 $3,696 $308 $4,032 $336 $4,404 $367
Our Fair Share dues schedule welcomes membership at every income level. Please use your family’s Adjusted Gross Income to determine “income level.”
Young Family Membership $ 600 ($50/month) Families whose oldest child is entering first grade or younger are invited to join as a Young Family for their first two years of membership, or until their oldest child is in second grade.
Building Fund This fund is used for capital improvements to our facilities. Every family contributes to the fund during their first five years of membership. Young Family Members may choose to postpone contributions to the Building Fund. Income Level Up to $100,000 Over $100,000
Kiddush Fund
Building Fund Assessment $1,500 $2,500
Annual Payment (for 5 years) $300 or $25/month $500 or $42/month
Each family is asked to contribute $180 annually ($15/month)to the Kiddush Fund. Families wishing to personally cater a kiddush may opt out of this contribution by contacting the BK office.
Bet Midrash Tuition Fees for the religious school are listed below. Note that a 50% tuition discount applies to third and subsequent children enrolled in any given year. You will be sent instructions on how to register online for Bet Midrash after you have made arrangements to pay your dues for the coming year. Bet Midrash Grade Pre-K (must be 3 or 4 by October 1st) Gan (Kindergarten) Alef (1st Grade) Bet (2nd Grade) Gimmel (3rd Grade) Dalet (4th Grade) Hay (5th Grade) Vav (6th Grade) Zayin (7th Grade) Teen Program (8th & 9th Grade)
Class Times 12 Shabbat Sessions/Year
Bet Midrash Tuition $360
Shabbat 9am to 12pm Shabbat 9am to 12pm Shabbat 9am to 12pm Shabbat 9am to 12pm Wednesday 4:15pm to 6pm Shabbat 9am to 12pm Wednesday 4:15pm to 6pm Shabbat 9am to 12pm Wednesday 4:15pm to 6pm Shabbat 9am to 12pm Monday 5:30pm to 8pm Shabbat 9am to 12pm Monday 5:30pm to 8pm Tuesday Evenings and as otherwise announced
$1,080 ($90/month) $1,080 ($90/month) $1,080 ($90/month) $1,548 ($148/month) $1,548 ($148/month)
Fact: While tuition is the primary source of funding for Bet Midrash/Religious School, support from dues and fundraising is needed to provide the quality program that we value.
$1,548 ($148/month) $1,548 ($148/month) $1,548 ($148/month) $540 ($45/month)
The following terms apply to balances not charged to your credit card on a monthly/other basis: Tuition is due in full by September 9, 2016. We greatly appreciate the generosity of those who can afford to pay their balance in full early in the year. This helps BK in maintaining a healthy cash flow.
2017 Dues
Page | 2 of 4
Please return this page in the enclosed envelope, call the BK Office, or email us: [email protected], or go to http://www.bnaikeshet.org/duestuition. Please contact us as soon as possible if you need to adjust your dues level (up or down). Thank you. Name: _______________________________ Dues: ______ Kiddush Fee: $180 Building Fund: ___________________ Total: Enclosed is a check for $ ______________________. This is for full partial payment of my account. Please charge $ _________________________ to my credit card. Please charge $____ to my credit card on a monthly basis until I notify you to stop doing so. I understand the amount will be adjusted every year to reflect any increases in dues or fees. The amount can be adjusted by me at any time by notifying Bnai Keshet of my desire to do so. Please bill the balance of my account in equal payment over 3 months 6 months 12 months Credit Card #: ________________________________________ Exp. Date:_________________________ Name on Credit Card: ______________________________________
2017 Dues
Page | 3 of 4
