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PASBO & MACEF

PASBO & MACEF. Purpose of MACEF. Help promote the creation of new education foundations in school districts. Provide support and assistance to existing education foundations to meet their full potential. Assist in locating funding sources for LEFs

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PASBO & MACEF

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  1. PASBO & MACEF

  2. Purpose of MACEF • Help promote the creation of new education foundations in school districts. • Provide support and assistance to existing education foundations to meet their full potential. • Assist in locating funding sources for LEFs • Establish networking opportunities for all LEFs • Conference and Workshops to provide essential and current information for LEFs • Develop “Standards and Expectations” for all LEFs

  3. MACEF Initiatives • Second Annual Conference will be held Thursday May 11, 2006 • New Cumberland Holiday Inn • Workshops will include: • Pa Tax Credit Program • Fundraising Opportunities • …and more! • www.macefonline.org • Web Newsletter • Standards and Expectations

  4. Standards & ExpectationsCommittee • Is establishing common standards and expectations for every education foundation. • Committee Report • Chairperson is Connie Kindler, Superintendent of the Camp Hill School District • Areas Addressed…

  5. Standards & ExpectationsAreas Addressed • Autonomy  • Vision & Mission  • Board of Trustees & Volunteers  • Staffing  • Educational Development  • Special Foundations • Fundraising • Fiduciary & Legal Responsibility  • Public Policy

  6. Financial & Legal Support MACEF and Board members Bob Salanik and John Travers, Esq are providing services in the following areas: • Financial We are producing an Treasurers Manual for education foundation to help all financial reporting requirements • Legal We can provide assistance on filing non-profit and 501(C)(3) filings

  7. A Local Education Foundation A Partnership of the School District and the Community

  8. “Education FoundationsMake School Districts Better” • It creates an infrastructure for community participation. • It provides new revenue sources • It helps restore public confidence in public schools. • It is part of the paradigm shift for funding public education. • It will play an even larger role in the future

  9. Challenges We Face! Pennsylvania Education Foundations • Approximately 100 E/F identified in PA • >50 either no longer exist or have very limited activity. • 15-20 raise >$30,000 per year • 10-20 raise > $50,000 per year • <10 raise over $100,000 per year

  10. Problems • Most LEFs are School District not Community “based” • Most are not a “Entrepurinal Enterprise” and lack a “business-like organization • Leadership lacks Fundraising understanding and experience. • To few people involved on Board or Committees • LEFs have not promoted themselves to the community

  11. “Financial Benchmark I” “We believe that if you can raise $20 per student, you will have a major impact on young people. If you can raise an additional $20 per student for innovative programs, you can literally change education in your schools”  Page 3, Creating Foundations for American Schools: Dan McCormick, David Bauer, Daryl Ferguson

  12. “The Financial Benchmark II” • School District Student Populations • 2500 (Range $50,000 to $100,000) • 4000 (Range $80,000 to $160,000) • 7500 (Range $150,000 to $300,000) • 10,000+ (Range approaches $500,000) • How long to reach goals • Low ($20) in first eighteen months • High ($40) in three to five years

  13. What must be Understood Rule #1 The main objective of the Foundation is to raise money and build relationships Rule #2 The main objective of the Foundation is to raise money and build relationships

  14. Competition • The competitive nature of all nonprofit organizations must be understood. • There is much competition for: • Qualified individuals • Financial Contributions • Public Awareness

  15. Requirements for Success • A working and financial partnership between the foundation and the school district. • Strong leadership and minimum of 30+ Board members and Volunteers. • Establishment of “expectations” • A dedicated staff person • Effective public relations. • Embrace school district’s Parents & Alumni. • A plan for long-term growth.

  16. 501 (C)(3) Umbrella Can be used effectively to: • For innovative educational programs, to be utilized in providing district-wide initiatives. • The building of endowments to support educational activities into the future. • Special projects can placed under the umbrella to support large capital improvements. • It provides the important bridge to build the strong alumni- based relationships • It’s the “Tax-Exemption”

  17. Good Intentions “An educational foundation can effectively serve as the vehicle through which the “good intentions” of the citizens residing in a school district/community area are unified, focused and realized. Without such a unifying vehicle these “good intentions” too often simply do not translate into productive actions or adequate funding necessary to supplement school budgets.” Dr. Stan Durtan Superintendent,Wissahickon School District

  18. Our Education Foundation Model Education Foundation Consulting Group Leadership Investment Vision

  19. Education Foundation Consulting Group Education FoundationBusiness Model • A historical perspective • It’s validation • The interrelationships • Its adaptability • “Empowered Committees” • By-Laws complement

  20. Empower Effective Committees • Empower the Committees • Let committees “Do their job • Requires many different “skilled” personnel • Chaired by Board Member, • Volunteers are the strength • Creates a personnel pool

  21. Organization of a Foundation Board

  22. Fund Development Committee The Four Sub-Committees • Traditional • Giving Campaigns • Information Technology • Web Site • Database • Community & Corporate • Partnerships • Public Relations • Image & Information Brochures

  23. Sources of Revenue • PA Tax Credit Program • Other Foundations • Vendors • Parents • Alumni

  24. PA Tax Credit Program • A program of the Dept. of Community and Economic Development (DCED) • ~$50 million allocated for the program • $20 million for EIT • PA E/F received ~$2,000,000 last fiscal year • Both the Foundation and Business must submit applications to DCED. • Tax Credits are limited to 75% (1st year) and 90% (2nd year) of the contribution with a maximum of $200,000.

  25. Funding Foundations • Corporate Foundations • Hospital & Health Foundations • County/Community Foundation • State Legislators

  26. Vendors • You have ALL the say! • Identify specific vendors for specific projects and programs. • For Major Gifts…maintain the image of the school district. • “In-Kind Services”

  27. Corporate & Community Partners • Must build “relationships” • Be Professional in your approach • Inform them of the PA Tax Credit Program • “in-Kind Services”

  28. Parents • Must not be overlooked • Search them out • Cultivate them for 5-10 years • Many talents • Grant writers • Business Executives • Key are the “Building Principals”

  29. Alumni • Alumni are the most important area for the growth of a education foundation. • It provides the PRIDE for the school and community. • It must command you immediate attention. • Two Tracks • Formal Alumni Association • Identification of all graduates

  30. IT IS ALL ABOUT HELPING KIDS

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