ERIC Number: ED234482
Record Type: RIE
Publication Date: 1983-May
Reference Count: 0
The Local Education Foundation: A New Way to Raise Money for Schools. NASSP Special Report.
This short booklet explains the education foundation approach to raising money for schools, describes how administrators or boards of education can start an education foundation, and presents profiles of six foundations throughout the country. The author emphasizes that, of all the attempts to find supplementary school funds, the local nonprofit education foundation, offering tax deductions to donors, has been the most successful. Outlined are the Ford Foundation program to aid groups forming local education funds, how to start a foundation, where to find money, what principals can do, the advantages of being independent from the school district, the importance of choosing appropriate members for the foundation board and who these might be, why small grant programs have been successful and how to start them, and the teachers' role. Specific "Do's and Don'ts" are suggested, including getting a volunteer lawyer to fill out nonprofit forms, funding specific dynamic programs, and beginning with a pilot school. Key questions asked by school administrators and their answers are listed. The six case studies of foundations are intended to show the wide variety of approaches communities are using to start foundations to improve education. (JM)
Descriptors: Boards of Education, Donors, Educational Finance, Elementary Secondary Education, Financial Support, Fund Raising, Grants, Nonprofit Organizations, Philanthropic Foundations, Private Financial Support, School Funds, School Support
Publications, National Association of Secondary School Principals, 1904 Association Drive, Reston, VA 22091 ($3.00 plus $2.00 shipping and handling on single copies; quantity discounts).
Publication Type: Guides - Non-Classroom; Reports - Descriptive
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: National Association of Secondary School Principals, Reston, VA.
Note: Printed on colored paper; document may not reproduce well.