1. Pennsylvania Consortium of Education Foundations March 2011

2. “It Takes a Community to Educate a Child”

3. Pennsylvania Local Education Foundations ~200 in the 500 School Districts 7 IU Foundations

4. What makes a “Successful Foundation” “Financial Benchmarks” (“$20-$40 Rule”) 10 Ways to Build a Successful Foundation Paid Staff person Involved Superintendent

5. Why Foundations do not meet their potential  Board of Directors  No vision or direction  Not run as a “business”

6. PA Tax Credit Program (EITC) ~100 LEF are eligible to receive $$$$$$ 100 are not eligible Past 4 years PA LEFs have generated >$10 Million How PCEF supports every local education foundation

7. Why the EITC/EIO Program is so important! Financial Situation facing EVERY School District ONLY “Advanced Academic Programs” can be approved Great way to solicit corporate donations It is a “Corporate Perk”

8. Impact of Senate Bill 1 (SB1) The Position of School Foundations Next 4 months

9. Helping Small and Rural School Districts History and Background Supported by IU’s

10. A 501 (C) (3) Foundation Umbrella Education Foundation Scholarships Endowment Educational Programs AlumniBusiness Partnerships Athletic Music & Arts Educational Support Initiatives Scholarships & Endowment Athletic/Music/Art Organizations Business Partnerships Alumni They would benefit from the tax-deduction status.