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Alternative Financial Sources

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Title: Alternative Financial Sources


1
Alternative Financial Sources
  • Tyree Clark, Teddy Dillingham, Lindsey Fleming
  • Jarrod Tahsequah, Lindy Waters, LuAnn Werdel

2
Democracy in America
  • These Americans are the most peculiar people in
    the world. Youll not believe it when I tell you
    how they behave. In a local community in their
    country, a citizen may conceive of some need
    which is not being met. What does he do? He
    crosses the street and discusses it with his
    neighbor. Then what happens? A committee comes
    into existence and then the committee begins
    functioning on behalf of that need. And you
    wont believe this but its true All of this is
    done without reference to any bureaucrat! All of
    this is done by the private citizens on their own
    initiative.
  • -Alexis de Tocqueville,
  • Democracy in America

3
Fiscally Challenging Times
  • It is becoming increasingly difficult for
    schools to deliver educational services using
    traditional sources of revenue such as the
    proceeds of broad-based taxes. The resulting
    fiscal strain has prompted efforts to identify
    and draw upon alternate sources of revenue.

4
Alternative sources
  • We will share three possible sources of
    alternative funding
  • School Business Partnerships
  • (LuAnn Lindsey)
  • Foundations (Jarrod Tyree)
  • Competitive grants (Teddy Lindy)

5
School /Business Partnerships-History
  • Businesses and schools have been involved with
    each other since the late 1800s, and their
    relationship formalized into partnerships since
    the late 1970s-However, conditions in the 1980s
    accelerated the development of these partnerships

6
1980s
  • Education crisis in public schools
  • Low skill level of entry-level workers
  • Demands of an evolving economy
  • Between 1983-84 to 1987-88, business partnerships
    rose from 42,200 to 140,800
  • Grobe et al. 1993, p.4

7
History cont..
  • Initially, educational partnerships were created
    by school system staff to
  • Foster school-community cooperation
  • Provide incentives for students
  • Supplement curriculum and staff
  • Obtain equipment
  • And Businesses gained by
  • Improved public relations
  • Enhanced community image
  • (Clark
    1992, p.2)

8
History cont..
  • However, during the 80s, school reform called
    for changes that would ultimately transform the
    nature of education and business partnerships.

9
What has changed?
  • Schools were faced with the need for
    educational reform measures that would better
    prepare a diverse student population for the
    higher order thinking and reasoning skills
    required in an increasingly knowledge-based
    service-driven economy, and..

10
What has changed cont..
  • Businesses were faced with the threat of an
    inadequately prepared work force that would
    jeopardize their competition with other
    industrialized nations.

11
The Roads Converge
  • Motivated to improve the academic and technical
    skills of the future work force, businesses and
    schools joined in partnerships of various sizes
    and types to achieve their common and separate
    goals. Schools certainly needed the human and
    monetary resources that business seemed inclined
    to invest, and business needed educated, highly
    skilled employees.

12
A note of caution
  • Before a school partners with a business,
    ethical and philosophical issues need to be
    considered by school leaders
  • We share no common vocabulary
  • Our bottom lines represent different outcomes
  • Do we even share a fundamental belief in exactly
    what the issues are?

13
Rewards of Partnerships
  • Whatever the type of business and education
    partnership, the benefits must be realized by all
    partners or the arrangement is not a partnership
    (Grobe et al. 1993) In successful partnerships,
    the benefits radiate from one partner to another,
    resulting in rewards for all involved..

14
Rewards cont.
  • Education gains
  • increased access to new technology
  • enhanced opportunities for professional growth
  • Students gain
  • reduced truancy
  • reduced drop-out rate
  • Business gains
  • better prepared work force
  • increased public confidence and support for
    education
  • And improved quality of community life and the
    potential to improve the economic health of the
    entire country.

15
Business Partnerships with Schools
16
Goals of Business Partnerships
  • Education is the key to successfully preparing
    youth for careers in the 21st century
  • Verizon- Commitment to education is driven by
    its responsibility as a good corporate citizen
    and by the understanding that todays students
    will be tomorrows employees, consumers,
    regulators, and neighbors.
  • Integris Health- Returnship is giving back to
    the community in financial, emotional, physical,
    and spiritual ways.
  • Other businesses leaders view their involvement
    in education primarily as a way to conduct market
    research and advertise in schools.

17
Concerns
  • National PTA adopted a resolution that warned
    against any business exerting so much power to
    influence the curriculum (National PTA 1997).
  • Many education policies now condemn certain types
    of school-business relationships as exploitation
    and a violation of public trust (Center for the
    Analysis of Commercialism in Education 1999).
    Educators and policy-makers are especially
    critical of corporate sponsors who use their
    access to a captive audience for commercial
    purposes (tobacco contract).

18
Example- Santa Fe South Charter High School
  • Charter law allows for outside solicitation
  • Charter schools act as not-for-profit agency
  • Access private foundations, govt. grants, private
    donations, business partnerships
  • Naming Rights (Kerr McGee Biology Lab)
  • Auction (Local car dealerships)
  • Wal-Mart (Scholarships, buildings)
  • Hobby Lobby (buildings)
  • County Health Department (Idea of Community
    Center)
  • Regents for Higher Education (Collaboration of
    partnerships Hospitals - Vo-tech - schools)

19
FOUNDATIONS
20
Oklahoma Foundation for Excellence
  • http//www.ofe.org
  • 156 local education foundations
  • Average existence of 11 years
  • Oldest were formed in 1984
  • More than 15 million distributed in 2000 2001
    school year

21
Oklahoma Foundation for Excellence
  • Programs with the most impact
  • Grants to teachers
  • Staff development grants
  • Mentoring and tutoring
  • Scholarships

22
Oklahoma Foundation for Excellence
  • Most successful fundraisers
  • Membership drive
  • Annual campaign
  • Alumni solicitations
  • Events and activities
  • Duck races, carnivals, golf tournaments,
    auctions, pancake dinners, alumni brick sidewalk,
    etc.
  • Contributions

23
Norman Public School Foundation
  • Painting A Brighter Future

24
What is the NPSF?
  • Began in 1984 with seventy-eight community
    leaders making their commitment to the
    educational future of children by establishing
    the Norman Public schools Foundation. A Board of
    Directors comprised of community volunteers was
    formed which operates independently from the
    school administration or school board of the
    Norman Public Schools. The Purpose of the
    foundation is to award grants to teachers to
    enrich the academic curriculum on Norman Public
    Schools

25
What is the mission of the NPSF?
  • The mission of the Norman Public Schools
    Foundation is to enhance the educational
    experience for students in the Norman Public
    Schools.

26
How Does the Foundation Operate?
  • They are a non-profit, tax exempt organization.
    A portion of all contributions from their fund
    drives is placed in a permanent endowment. The
    remainder of the contributions along with the
    interest from the endowment is used to fund
    grants to teachers.

27
How does the NPSF get its money?
  • Tax-deductible contributions to the NPS
    Foundation are given during the annual
    fundraising drives. The businesses, families,
    and caring citizens, as well as memorials and
    tributes, are given to insure that Normans
    students continue to receive the highest quality
    of education in the state.

28
How are grants selected?
  • The allocation committee, comprised of
    foundation board members along with community
    volunteers, read grants each semester submitted
    by teachers. Names of schools and individual
    teachers are withheld on each grant application
    when being evaluated by the committee

29
Grants to Teachers
30
What types of grants are funded?
  • Classroom sets of graphing calculators for
    advanced statistics courses
  • Telescopes for middle school environmental camps
  • Numerous computer software programs and licenses
  • Historical maps and video
  • Numerous sets of supplemental reading programs
    and books, math manipulatives, microscopes,
    computer headphones, puppets for primary grades,
    and music and art materials.

31
Oklahoma City Public School Foundation
  • http//www.okckids.com
  • Established in 1984

32
Oklahoma City Public School Foundation
  • MAPS for Kids
  • Collaboration among City of OKC, OKC Public
    Schools and OKC Public School Foundation
  • Sales Tax Proposition
  • 512 million over seven years
  • 29 million collected to date
  • Bond Proposition
  • 180 million over five years
  • 82.7 million currently sold

33
Oklahoma City Public School Foundation
  • MAPS for Kids
  • Allotted funding
  • 478 million for construction and renovation
  • 52 million for computer technology
  • 9 million for buses
  • 153 million for suburban districts
  • 3,678.66 per pupil

34
Oklahoma City Public School Foundation
  • Principal for a Day
  • Began in 1991
  • 95 OKC public officials and 750 community leaders
    participate
  • Arts Funding
  • Grants designed to improve art curriculum
  • 280,000 awarded to date

35
Oklahoma City Public School Foundation
  • Partners in Education
  • Began in 1994
  • 70 of 94 OKC public school are engaged
  • Power Hour
  • Follow the Leader
  • It Makes Cents
  • Lets Celebrate
  • Business Internships
  • 2,500 volunteers
  • Goal of 10,000 tutors by 2007

36
Oklahoma City Public School Foundation
  • Summertime Savings Coupons
  • Frontier City admission
  • Benefit concert
  • At Bat for Books
  • SBC, Oklahoma Redhawks and OKCPSF
  • Volunteers to reduce or eliminate substitute
    teacher pay
  • 2 million dollar saving to OKC district

37
Oklahoma City Public School Foundation
  • Endowment for the Pursuit of Teacher Excellence
  • 1 million privately funded
  • OKC public school teachers achieve National
    Certification
  • 2300 cost (2000 grant)
  • 5-year commitment to OKC PSD
  • OKC PSD goal to lead the nation in certified
    teachers by 2010

38
GRANTS
39
Proposal writing is a part of a process that
includes
  • Planning
  • Research
  • Outreach
  • Collaboration of partnerships

40
Developing a Grant-writing Team
  • Knowledge about the grant writing process
  • Knowledge of research techniques
  • Background in areas addresses by the grant
  • Knowledge of population to addressed by the
    grant
  • Writing / reviewing skillsĀ 

41
Gathering research for the Grant requires
background documentation and research in three
areas
  • Concept
  • Program
  • Expenses

42
Requests for Proposals (RFP)
  • Abstract or Executive Summary
  • Statement of Need or Significance of the Problem
  • Program Objectives or Program Goals
  • Project Description or Plan of Operation

43
Requests for Proposals (RFP)
  • Applicant and/or Community Support
  • Organization Information or Corporate Capability
  • Evaluation of Program
  • Budget / Budget Justification or Budget / Budget
    Narrative
  • Appendices

44
U.S. Department of Education
  • http//ed.gov
  • Good source for grants funded through the U.S.
    Department of Education
  • Can be confusing to navigate

45
Oklahoma State Department of Education
  • http//sde.state.ok.us
  • Limited source for federal and state grant
    information
  • Easy to use, but sometimes slow to download

46
Catalog of Federal Domestic Assistance
  • http//www.cfda.gov
  • Extensive source for all federal grants (both
    education- and non-education)
  • Easy to use

47
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