NAF summary of costs outside revenue 2011 12 2-2-12- It's Worth It! Establishing a 501(c)(3) Organization: The Benefits and Challenges
It's Worth It! Establishing a 501(c)(3) Organization: The Benefits and Challenges Handout.
Published on: Mar 3, 2016
Transcripts - NAF summary of costs outside revenue 2011 12 2-2-12- It's Worth It! Establishing a 501(c)(3) Organization: The Benefits and Challenges
SUMMARY OF COSTS & OUTSIDE REVENUE FOR ACADEMIES 2011-12SEATTLE PUBLIC SCHOOLS CONTRIBUTIONS National Academy FoundationSchool Building Contribution (NAF) Yearly Membership FeeBallard - Academy of Finance (AOF) $950.00Chief Sealth - Acdemy of Finance (AOF) $950.00Chief Sealth - Academy of Hospitality & Touirsm (AOHT) $950.00Franklin - Academy of Finance (AOF) $950.00Ingraham - Academy of Information Technology (AOIT) $950.00Total cost to schools $4,750.00Career & Technical Education (CTE )Budget Contribution estimate $27,968.00(Enrichment activities: subs & transporation for field trips, career conferences; curriculum development;in service subs; travel for NAF Summer institute for professional development, limited supplies,Sr Exchange trips, Etc)CTE/ Carl Perkins Federal Grant $9,000.00(Used for NAF Summer Conference 10 attendees + Coordinator for registration, transportation & meals)Total School District yearly costs (does not include instructors salaries) $41,718.00OUTSIDE FUNDING REVENUE CONTRIBUTIONS (conservative estimate brought in for NAF Programs)NAF sponsors 2staff/program/bldg for Summer Institute $11,000.00(airfare & 1/2 hotel charges for 2 people/program/bldg)NAF sponsors Academy Coordinator for NAF President Advisory team $ 1,200.00Advisory Board fundraising for enrichment activities $53,000.00(board donations, fundraising and grant writing)Seattle University Academy College Class $ 27,000.00(tuition cost pd by bds $6000)7/27/20129:24 AM 1
SUMMARY OF COSTS & OUTSIDE REVENUE FOR ACADEMIES 2011-12 pg 2In Kind Contributions $165,000.00(career conference room usage,Holland America Luncheon, monthly meeting space for Bd mtgs & SASL,parking costs, conference speakers, job shadows, field trips, mock interviews, scholarship interviews, etc)Does not include lost wages from meeting attended by advisory bd members)Academy Advisory Board ScholarshipsAOHT Bd Scholarships 2000AOF Bd Scholarships 1500AOIT Bd Scholarship 1000Nicholas Sherburne AOF Scholarship(FHS) 2000Central Washington University - full ridescholarship 600038 Student Intern Wages $ 86,640.00(figured at an average of $9.50/hr for 40 hrs/week for 6 weeks for each person - many worked additional wks)significant decresase in number of interns due to economy - placed only 38 of 75South Seattle Community College - Chief Sealth 13th year free tuition opportunity $81,000.00(for possible 40 Chief Sealth HS academy graduates @ $2025 avg/3 quarters & earning 45 credits)National Academy Foundation Scholarships $22,500.00(opporutnity for Finance, Hospitality & Tourism, Information Tecnhology graduates only)Total Estimated Yearly Outside Funding Revenue $459,840.007/27/20129:24 AM 2