Transcript Document

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
• Establish networking opportunities for all LEFs
• Conference and Workshops to provide
essential and current information for LEFs
• Develop “Standards and Expectations” for all
LEFs
MACEF Initiatives
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Second Annual Conference will be held
Thursday May 11, 2006
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New Cumberland Holiday Inn
Workshops will include:
1. Pa Tax Credit Program
2. Fundraising Opportunities
3. …and more!
www.macefonline.org
Web Newsletter
Standards and Expectations
Standards & Expectations
Committee
• 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…
Standards & Expectations
Areas Addressed
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Autonomy
Vision & Mission
Board of Trustees & Volunteers
Staffing
Educational Development
Special Foundations
Fundraising
Fiduciary & Legal Responsibility
Public Policy
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
A Local Education Foundation
A Partnership
of the
School District
and the
Community
“Education Foundations
Make 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
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
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
“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
“The Financial Benchmark II”
• School District Student Populations
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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
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
Competition
• The competitive nature of all nonprofit
organizations must be understood.
• There is much competition for:
o Qualified individuals
o Financial Contributions
o Public Awareness
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.
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”
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
Our Education Foundation Model
Education Foundation Consulting
Group
Education Foundation
Business Model
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A historical perspective
It’s validation
The interrelationships
Its adaptability
“Empowered Committees”
By-Laws complement
Education Foundation
Consulting Group
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
Organization of a Foundation Board
Board of
Directors
Allocation
Fund
Development
Governance
Fund Development
Committee
The Four Sub-Committees
1. Traditional
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Giving Campaigns
2. Information Technology
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Web Site
Database
3. Community & Corporate
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Partnerships
4. Public Relations
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Image & Information Brochures
Sources of Revenue
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PA Tax Credit Program
Other Foundations
Vendors
Parents
Alumni
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.
Funding Foundations
• Corporate Foundations
• Hospital & Health Foundations
• County/Community
Foundation
• State Legislators
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”
Corporate & Community
Partners
• Must build “relationships”
• Be Professional in your approach
• Inform them of the PA Tax Credit
Program
• “in-Kind Services”
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”
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
IT IS ALL ABOUT HELPING
KIDS