Agenda Item
Meeting Date: 7/12/2017 - 7:00 PM
Category: Oral Reports
Type: Info
Subject: Fund raising Feasibility Study Update
Vision 2018:
Policy:
Background: Through the Vision 2018 Plan, a goal was identified to explore alternate revenue sources, when available, to support district needs. This was specifically called out as a Board Priority and the focus had been on supporting other agencies (PTA, Student Excellence Foundation) in their efforts to raise funds to support District 200 Programs.

As part of the Master Facility Plan, an option had been discussed to conduct a capital campaign as a supplementary funding source for existing district funds and potential referendum funding. The Community Engagement Committee discussed this option and asked administration to explore potential donors that might help to support the cost of a feasibility study.

Conducting a feasibility study is an important step in determining levels of private gift support available in the community. The study will be used as a research tool to determine fund raising potential in District 200. Results will determine if a campaign is viable and help in determining the best methods for a major gifts campaign.

Pruehs and Associates was identified as the firm the District would partner with on the fund raising feasibility study. The cost of the feasibility study is $28,250. Administration secured $14,000 in private support for the study, and the Board approved to fund the remaining $14,250 from the District Budget at the February 8, 2017 meeting.
File Attachment:
Summary: Mr. John Pruehs and staff have been conducting the fund raising feasibility study for District 200. Mr. Pruehs will be at the July 12, 2017 meeting to provide an update on the study.
Funding:
Recommendation:
Approvals:
Recommended By:
Signed By:
Jeff Schuler - Superintendent