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Community
Resources
Educational Foundation Information
HOW
WILL AN EDUCATION FOUNDATION HELP ME?
by
Lisa Dashman & Liza Migliorelli
A "Local
Education Foundation" (LEF) for Croton-Harmon was recently registered
with the New York State Attorney General. Named the Croton-Harmon Education
Foundation (CHEF), it is a tax-exempt, not-for-profit corporation that
exists for charitable and educational purposes under Section 501 (c) (3)
of the Internal Revenue Code. The Foundation was established with the
support of Superintendent of Schools Dr. Marjorie Castro as well as the
Board of Education and the three school principals. Although LEFs have
existed around the country for years, it is something new for Croton,
so we wanted to offer some answers to typical questions about it.
What
is an LEF? It is a privately operated, not-for-profit organization
whose aim is to assist the community's public schools. It is legally independent
of the Board of Education and the schools administration, but the most
successful LEFs work side-by-side with those two groups.
What
does an LEF do? Its purpose is to raise and administer funds for
the benefit of the public schools' students. Its means of fund-raising
are broad: it can sponsor a wide variety of fund-raising events (raffles,
auctions, dinners, sports events, house tours, sales of goods or services,
etc.); it can solicit donations from corporations; it can apply for grants
from large charitable foundations; it can invest part of its income in
interest-bearing accounts or other profitable long-term instruments. Its
means of administering funds is just as broad: it can give grants to individual
teachers for innovative projects; it can underwrite the out-of-pocket
school costs that parents usually have to fund (such as for school trips
or special materials for a class); it can cover the cost of teachers'
continuing education; it can contribute to needed new equipment for a
school (for example, new easels for the elementary school's art program
or new reference books for the middle school's library or new beakers
and measures for the high school's science program). Notice that all of
these are things an LEF can do -- it doesn't mean that CHEF will do them.
Who
runs the LEF? A Board of Directors. The most successful LEFs have
board members who represent a cross-section of the community. This could
include parents, seniors, businesses owners, teachers, and members of
local government, school administration, and Board of Education. Whoever
is on the board, the key is that they are dedicated to the purpose of
the LEF and are willing to spend time and energy towards achieving that
purpose. None of the board members will receive a salary from CHEF.
Where
will the money go? There is no decision about that yet. Nationally,
the most popular areas of focus are arts enhancement, science and technology
enrichment, rewarding teacher creativity, and continuing education for
teachers. The CHEF Board of Directors will establish policies on how the
money is allocated, but the intention is to have as many students benefit
as possible.
Don't
the PTAs do fundraising? Yes, but they raise money for the individual
schools only, not for the entire school district, and there are legal
restrictions on how they can raise money and what the money can be used
for. A foundation doesn't have these restrictions. It sets its own methods
(as stated in its bylaws) of allocating its money. The foundation does
not interfere with or replace PTA fundraising -- it has different reasons
and ways of fundraising.
Why
do we need an LEF anyway? The fundraising done by a foundation
supplements how our schools now receive funding, namely from the State
of New York and from local school taxes. An LEF paves a new avenue for
expanding and supporting the District's educational mission on behalf
of its students. For example, it could subsidize programs that might otherwise
not be possible or might have to come out of parents' pockets. The LEF
also can get a larger number of people and groups involved with contributing
to improving our schools. For example, local businesses, national non-profit
organizations and senior citizens could contribute in a variety of ways
to the foundation's goals. Additionally, an LEF can recognize and support
innovative and creative programs while raising the community's awareness
of education and the prominent role it deserves in society.
How
can I learn more? You are welcome to call us (Lisa 271-9499 or
Liza 271-1257) and we will do our best to answer your questions. If you
have Internet access, you can go to the website of the Public Education
Network (www.publiceducation.org), which has a great deal of information
on this subject. Finally, once the Board of Directors of CHEF is established,
it will publish notice of its meetings on this website; we encourage you
to attend.
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