February 27, 2024 Breaking News, Latest News, and Videos

Santa Monica School District to Increase Fundraising:

Deep cuts due to the state’s ongoing budget crisis have increased the need for fundraising at the local level for the Santa Monica-Malibu Unified School District. In order to meet this need, the district’s fundraising arm, the Santa Monica-Malibu Education Foundation (SMMEF), has developed a new strategic vision.

This vision was presented to board of education on Aug. 10. A key goal is to substantially increase sustainable revenues from diversified resources to respond to the emerging needs of the district. To that end, SMMEF aims to generate at least $1 million in annual, sustainable revenue by the end of 2013. In addition, by the end of 2013 the group aims for the endowments for academics, arts, and athletics to have principal balances of at least $2 million each and have an annual endowment campaign to continue growth into the future. SMMEF plans to accomplish this through enhancing its strategy for raising annual sustainable revenue along with developing additional strong community partnerships.

SMMEF currently raises approximately $400,000 to $500,000 annually from their various partnerships and programs.

Another goal of the strategic vision is for SMMEF to develop a master agreement with the district so that the funds it raises can be properly allocated for needed programs in the schools. Also part of the vision are changes to SMMEF’s organizational structure which its members hope will help them expand their ability to draw upon the community’s expertise in fundraising, marketing, and financial management.

The organization’s new strategic vision was developed through a community-wide visioning process that included the participation of teachers, parents, senior citizens, business leaders, and City officials. The SMMEF’s board of directors approved it in June 2011. The vision also supports the district’s newly adopted strategic plan, specifically the plan’s goal of providing an excellent education to all district students.

The board was very supportive of the vision. “I know young people will have greater opportunities despite the fiscal crisis we’re facing from this vision,” noted Board member Oscar de la Torre.

Board President Jose Escarce responded to the comment by SMMEF’s Executive Director Linda Gross that “in the past SMMEF has been hampered by the way we can fundraise.” Escarce stated, “we should create the right framework for those who want to contribute to the district.” Escarce and the board were also supportive of the foundations efforts to learn about the foundations in other districts including their relationships with their foundations. They requested Superintendent Sandy Lyons to “undertake an investigation, examination, and assessment of what these relationships are and what would be optimal for our district.”

Also supportive of the plan was Jan Maez, the district’s chief financial officer. “The events of the last week have put the funding model the legislature adopted for the state budget at risk. I think the idea we won’t have mid-year cuts in December is fading pretty fast.” It’s never too soon to think about addressing any additional cuts from Sacramento.

in News
Related Posts

Santa Monica-Malibu Unified School District Calls Special Board of Education Meeting

February 26, 2024

February 26, 2024

SMMUSD Gathers to Address Time-Sensitive Resolutions In a press release sent on Saturday, February 24, The Santa Monica-Malibu School District...

 39th Independent Spirit Awards Celebrates Independent Cinema in Santa Monica

February 25, 2024

February 25, 2024

Santa Monica Pier Hosts Annual Awards Ceremony Amid Pro-Palestinian Protest The 39th Independent Spirit Awards ceremony, another precursor to the...

U.S. Supreme Court Refuses to Consider Landlords’ Challenge to Rent-Control Laws

February 25, 2024

February 25, 2024

New York Landlords’ Bid to Challenge Rent-Control Laws Fails The U.S. Supreme Court declined to hear a significant property rights...

Ocean Park Triplex Hits Market Again After 36 Years at $1.6M

February 25, 2024

February 25, 2024

The property presents an enticing opportunity for owner-users or developers For the first time in over 36 years, this triplex,...

Cher Drops Price of Her Seven-Bedroom Malibu Mansion by $10M

February 25, 2024

February 25, 2024

The legendary singer bought the parcel for $2.95 million over 30 years ago By Zach Armstrong Music icon Cher has...

(Video) Baltaire’s DJ Brunch is Ready to Make Your Weekend Fabulous

February 23, 2024

February 23, 2024

Baltaire is America’s Favorite Neighborhood Steakhouse. A Contemporary Restaurant in Brentwood With Classic Genes, Baltaire Is Where to Enjoy Brunch...

During Lean Times for the City, Certain Staff Members Slated to Get Hefty Raises

February 23, 2024

February 23, 2024

Proposed Equity Adjustments Raise Questions Amid Budgetary Concerns The next Santa Monica City Council Meeting will be held on Tuesday,...

Blue Bus Seeks Input on How to Improve Service

February 22, 2024

February 22, 2024

Through Brighter Blue, Big Blue Bus Aims to Develop a Strategic Plan for Implementing System Enhancements Over Five Years Santa...

Amid Delays, House of Pies Sets New Opening Date for Venice Spot

February 22, 2024

February 22, 2024

For About a Year, the Development’s Construction Has Seemingly Been Inactive By Zach Armstrong House of Pies, a popular L.A....

(Video) Russian River’s Pliny the Younger 2024 at Father’s Office in Culver City

February 22, 2024

February 22, 2024

Russian River’s Pliny the Younger 2024  at Father’s Office in Culver City. The ticket got you two pours of the...

Culinary Bliss Awaits: Los Angeles Wine & Food Festival Debuts in Santa Monica

February 21, 2024

February 21, 2024

Santa Monica Pier Welcomes the Inaugural Los Angeles Wine & Food Festival Santa Monica is set to become the birthplace...

Indulge Your Cookie Cravings and Support Local Scouts: Girl Scout Cookie® Sales Now Open

February 21, 2024

February 21, 2024

Multiple Ways to Purchase Iconic Cookies and Make a Difference You can satisfy your Girl Scout Cookie® cravings this season...

Popular Coffee & Tea Franchise Opens Another Santa Monica Spot

February 21, 2024

February 21, 2024

The News Comes Four Months After the Announcement of Its Third Santa Monica Outpost By Zach Armstrong Coffee Bean &...

Bruce Lurie Gallery Unveils “Give Us Our Flowers” Exhibition

February 21, 2024

February 21, 2024

Philoche’s painting style incorporates vintage subjects to convey a tribute to the resilience of human spirit.  Bruce Lurie Gallery presents...

Portraiture Masterclass with Renowned Photographer Coming to Venice Beach

February 21, 2024

February 21, 2024

Participants will explore the boardwalk alongside Alan, honing their creativity and engaging with the local community. Renowned photographer Alan Shapiro...