Tuesday, February 26, 2013 WASBO Associated Student Body committee www.InvestED.org
Presentation outline 1. The need 2. InvestED Overview 3. How it works 4. Support & Publicity 5. Questions
Pop Quiz How many homeless students are there in Washington State? a) 0 b) 928 c) 8,141 d) 26,049
Growing need in schools Image Source OSPI , 2012. www.InvestED.org
Pop Quiz Number of children who receive free or reduced price lunch in Washington State schools? a) 467,272 b) 102,519 c) 12,519 d) 2,519
Growing need in schools Free & Reduced Lunch Qualified Students in Washington State 550,000 500,000 450,000 400,000 350,000 300,000 250,000 FY07 FY08 FY09 FY10 FY11 FY12 Data Source www.InvestED.org OSPI , 2012.
Why it’s important Delena
Opportunity & Potential Granting opportunities to achieve, InvestED provides: • basic supplies • access to programs • other assistance giving students in need a chance to reach their true potential. www.InvestED.org
Program Description: Need Washington state dropout rate too high Homelessness increasing among students Pressure on families increasing Opt-out Pressures • Budget realities in schools • “Pay -to- play” and “pay -to- participate” • Family unemployment & job insecurity www.InvestED.org
History: Our Founder Saul Haas • Founder and owner of KIRO radio and television in Seattle • Well-known as a journalist, political activist, broadcaster and humanitarian. • Garfield Principal Frank Hanawalt met Saul and Dayee at an open house and a friendship developed. • Saul’s first gift: $500 to assist needy students As a result the “Haas School Fund” was created – “to do that which otherwise would not be timely done.” www.InvestED.org
History: Early Growth 1963 – ‘Haas Fund’ began at Garfield 1964 - Expanded to include all Seattle high schools 1973 - All high schools in Washington state 1976 - Expansion to include all public and private secondary schools www.InvestED.org
History: Strategic Changes 2008 - Board reviews strategic priorities and determines to expand the program • Voted to change status to public charity • Changed name to InvestED to increase fundraising opportunities • Received advanced ruling from IRS to operate as public charity www.InvestED.org
InvestED Today: Board Lisa Schaures, Board Thomas E. Gleason, 2nd Martin J. Neeb, Ph.D. President Vice President/Treasurer KPLU-Puget Sound Public Stokes Lawrence, P.S. Tableau Software, Inc Media, GM Emeritus Dan Barritt, Secretary Tom Horton Roger D. Percy Microsoft Trust Your Crazy Ideas, LLC RDPA, LLC Darrell Bryan Pamela J. Hughes Tom Rath Clipper Vacations Merrill Lynch Davidson Investment Advisors Emory Bundy Paul Ishii, 1st Vice Community Volunteer President Alan Sugiyama Mayflower Park Hotel Community Volunteer Paul Condrat Jim Ivers Debbie Williams Davidson Investment Advisors Coffman Engineers, Inc. Columbia School District, ESD Michael Dunn, Ed.D. 123 Superintendent, ESD101 Tanya Lamb Apollo Solutions Group Nancy Fike Gonzaga University School of Law www.InvestED.org
InvestED Today: IDEA InvestED Educational Ambassadors Janet Blanford , ESD 121 - Seattle School District Dennis Boatman , ESD 123 - Kennewick High School Richard Jones , ESD 112 - Prairie High School Angie Landes , ESD 171 - Cashmere High School Rod Luce , ESD 171 - Quincy High School Cheri Pepka , ESD 121 - Liberty High School LaVerne Rettkowski , ESD 101 - Reardan High School Wendy Ross , ESD 105 - East Valley High School Lorri Slauson , ESD 101 - Chase Middle School Heath Tayon , ESD 189 - Mount Vernon High School Steve Wiley , ESD 189 - Squalicum High School www.InvestED.org
InvestED Today: Staff • 3.1 FTE staff members – Executive Director and Development Director are full time – Part time staff for accounting, development and Board support • Staff work with more than 70 volunteers to accomplish critical tasks including program operations, network administration, database management, marketing and fundraising www.InvestED.org
Public Support InvestED is supported by individuals, community organizations, foundations and corporate partners.
Impact Last school year: 660 schools participated in the program 16,525 students in need were assisted $600,000+ in program funding distributed Since inception: $12.4 million distributed to more than 220,000 students in need at secondary schools throughout Washington state. www.InvestED.org
Where we Help 100 schools served 37 schools 64 schools served served 26 schools served 200 schools served 44 schools served 31 schools 36 schools served served 50 schools served
Statewide Results 2011/2012 School Year 16,525 students 21,435 occasions $602,278 of support 660 active schools www.InvestED.org
Needs addressed Classroom Needs Fees/Special Services Sports Activities - Textbooks/Workbooks - Tutoring -Sports Physical / - Class Field Trips - Testing / College App Insurance - Supplies or Fees Fees -Sports Camps or Tournaments Health Needs Special Program Fees -Other Sport Activity - School Accident - Summer School Expenses Insurance - Remedial Classes “We used InvestED - Driver’s Ed/Traffic Safety - Doctor/Dentist Fees - Eye Care/Exams/Glasses - Conferences/Conventions funds to help a student - Medication with her activity fees. School Activities Now she is a part of the Personal Needs - Activity Card volleyball team and active - Clothes - Graduation Expenses in other things too. What - Shoes/Boots - Yearbook a positive change we’ve - Transportation (gas, bus) - Music / Drama Supplies & seen in her this year. - Haircuts/Grooming Fees Thank you.”
How does it work? • Program funding provided to schools at the building level (grades 6-12) • Encourage local support through – Matching grants – Adopt-a-School support • Use a web-based infrastructure • Year end report for fund accounting and impact www.InvestED.org
Local School • InvestED has a team of three people at each school. Principal • Closest to student identify need. • Students may self-identify. School • Proof of need is not Coordinator [Counselor, Asst. required. Students do NOT Principal, etc] have to be on F/R lunch to qualify for help. • Immediate response – Alternate minimal bureaucracy. Coordinator www.InvestED.org
Funding Funds must be housed in Private Purpose Trust Fund or ASB Account. You cannot set up a private checking account under InvestED’s name at your local bank. Accountability for the funds must be documented at the end of each year.
Funding Two Types of Funding from InvestED: 1. Annual School Program Funding – provided in the fall to all active schools 2. Matching Funding – statewide pool of funding provided to schools that raise additional funding for their InvestED fund.
Funding Annual School Program Funding (formerly called August Grants) • Funding amounts are based on – the total amount of money in the pool – a school’s target funding level – yearend report (YER) • No funding until yearend report is completed. • The following year the school may return to full funding level if they complete the YER on time.
Funding Two tiers of Matching Funds: Annual Program Funding Matching Eligibility Schools that receive annual $1000 in matching funds school program funding equal to or greater than $1500 Schools that receive annual $500 in matching funds school program funding less than $1500 When the pool of funds is exhausted, no additional matching money is given that fiscal year.
Matching Gifts Gift can be sent to the InvestED office for that school’s fund or deposited directly into the school’s InvestED fund locally. If the gift is eligible for matching, InvestED will send the gift and the matching amount to the school.
Year End Reporting - Accountability: Board of Directors, Donors, Funders, School Districts, ESDs - We want to know how the money was used - What are the greatest needs? - Are you getting help from others? - Are you running out of money early in the year? - Donor reporting - Internal use – what does it tell you?
Year End Reporting On line reporting opens on May 1 st Reporting will close June 30 at midnight If you have questions or technical issues, call the office as soon as possible. Don’t wait. No report = no money next year.
Year End Reporting Document your distributions as you go throughout the year • It’s much easier to recall what you’ve done • Sometimes last minute emergencies come up – during the mad rush, people forget to complete the report • Occasionally we have donors who want to know who has used all of their available funds
Support from InvestED How can we help? - publicize the fund statewide - point you in the direction of local resources - help with fundraising ideas - answer common questions
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