Program Funding

Every donation counts.  Every donation matters. 

During the CSF fiscal year (July 1 to June 30th) funds are raised through membership campaigns and major gifts as well as through two major benefit events, the fall Dinner Auction and spring Telethon.  At the end of the fiscal/school year, per Foundation policy, 10% of the net income is deposited into an endowment fund and the balance of funds divided equitably among the school sites in the form of Program Funding. 

Endowment Fund

Thanks to the foresight of the parents and community members who founded CSF in 1982, an endowment was started to ensure the Foundation’s support of our public schools in perpetuity:

• With 10% of the annual net income deposited into this account, this fund now has a balance in excess of $800,000. 
• Once the initial goal of $1,000,000 is reached, funds generated will pay the majority of Foundation operating costs, ensuring the maximum return of donor dollars to the schools. 
• The endowment is managed free of charge by Mark Andrews, past CSF President, at Andrews Capital Management. 
• The CSF Finance Committee provides direct oversight for the management of the endowment and reviews its endowment policies annually. 
• Donations can be made directly to the Schwab One account via stock, cash or mutual fund donations and are an excellent way to remember the public schools in estate planning. Please contact the Executive Director for details on how to make an endowment gift. 

Program Funding

The balance of funds are returned to the schools to support non-mandated but deemed essential programs identified in each school site’s strategic plan.  These funds can be used for equipment, salaries or supplies for essential programs.  In the spring of 2007, CSF forged a partnership with all parent teacher groups to ensure donations received from all groups funded the highest academic need while ensuring classrooms still had the supplies needed in this time of challenging and declining state funding.  As a result of this partnership, as of the 2007-08 school year, parent teacher groups are providing direct classroom support for supplies and equipment and CSF funds are used for programs and projects tied to the site strategic plans.

For the third consecutive year, CSF is funding a part time Technology Resource Teacher (TRT) at each school site as requested by teachers and administrators at every campus.  Click here for more details on what the TRT funding supports. Once the TRT program is funded ($78,000 in 2007-08), the balance of Foundation funds raised constitute Block Grant funding:

• These funds are distributed equitably to all campuses based on student enrollment with a consideration made for schools that currently face or may face declining enrollment. 

What can the fund be used for?  Programs that support the site strategic plan, a five-year vision that is updated annually by the Site Strategic Planning Committee at each campus, comprised of teachers, parents, community members, and students.

2007 - 08 School Year Funding Great Schools. Great Kids

Thanks to the generosity of many parent and community donors, CSF increased has doubled its return over the past three years from $160,000 ($51/child) as of June 2004 to $330,000 ($106/child) as of June 2007. Of this total funding, $202,209 was returned at year end for Program Funding (TRT and Block Grant) and nearly $128,000 was returned during the year for designated donations including: