The Car Wash is Dead! Raising money in unconventional ways!
Bay Haven Charter Academy BHCA Board of Directors Faculty, Staff, Administration Foundation Boosters PTSP
Charter Schools are a Business “We are in the business of education and not the entitlement of education.” Tim Kitts, Ed.D.
Budget mechanics • Budget at 95% of anticipated FEFP. • Budget conservatively and only for items of need. Wants come from contingency and “soft money.” • Hard money is recurring and soft money is one time money like grant money or fundraised money. • Develop a 1,3,5 and 10 year plan. It will fluxuate with time, but should be a roadmap for making decisions.
Broadbase your business • Develop multiple 501c3 organizations • 1. Have faculty and staff identify potential workers and leaders. • 2. Host a breakfast at the end of each year to promote each organization and its mission/goals. • 3. Sign people up. Get their emails in group. Provide them with a copy of the organizations annual plan for fundraising and meetings. • 4. Provide food for meetings that include feeding their children and babysitting. • 5. Be formal and elite in running the meeting, but casual and social in interaction. • 6. Have the leaders of the school sit on every board except the governing board. • 7. Set up a team with scripts to call all parents of new incoming students. Do not say its mandatory, but imply it is and expected function of attending the school to participate in these activities and organizations.
Money Sources • Parents • Community • Children • Anyway
Critical Organizational Components • Umbrella organization • Calendar Structure • Build Teams • Concept of Inclusion • Approval System • Internal fundraising and Community Fundraising
Part II • TradeMark vs. Rotating fundraisers • Business Partnerships • Tax “Write Off” programs • Benevolence Programs.
Ribbon • Tkitts.ordermygift.com
Share things that you do • Be prepared to: • Give us your name • Your school or business • Website or email • Briefly tell us what you do that is different or unconventional
Thank you • Dr. Tim Kitts, Founding Principal • Bay Haven Charter Academy • 2501 Hawks Landing Blvd. • Panama City, Florida 32405 • www.bhca.ws