LGEF Suggested Donation
For 2018-19 LGEF suggests $800 per child as a tax-deductible donation.
Here is why.
1. LGEF expanded its role for 2018-19 vs prior years.
LGEF is now the sole funding source for supplemental teachers and staff, taking on many important positions formerly funded by the Home & School clubs. LGEF increased its grant by 54% (compared to last year) to cover these additional positions.
2. The suggested LGEF donation is lower than other, similar Bay Area districts.
Education Foundations in similar Bay Area districts ask for $1000 per child or more. Examples: Piedmont $1663, Redwood Shores $1500, Menlo Park $1500, Mill Valley $1350, Burlingame $1250, San Carlos $1200, Los Altos $1200, Palo Alto $1000, Saratoga $1000.
3. LGEF had not raised the suggested donation for 14 years.
Prior to this year, the last time the suggested LGEF donation was increased was in 2004. At that time the suggested donation was similar to other Bay Area foundations. Today LGEF is well behind similar districts (see above).
Costs to our schools have risen during this time. According to the Bureau of Labor Statistics, prices in 2018 are 33.40% higher than prices in 2004. The dollar experienced an average inflation rate of 2.87% per year during this period.
Donations of any amount are gratefully accepted!
Every donation makes a difference to our students and our schools, and all are appreciated.
Click the following link to:
Here is why.
1. LGEF expanded its role for 2018-19 vs prior years.
LGEF is now the sole funding source for supplemental teachers and staff, taking on many important positions formerly funded by the Home & School clubs. LGEF increased its grant by 54% (compared to last year) to cover these additional positions.
2. The suggested LGEF donation is lower than other, similar Bay Area districts.
Education Foundations in similar Bay Area districts ask for $1000 per child or more. Examples: Piedmont $1663, Redwood Shores $1500, Menlo Park $1500, Mill Valley $1350, Burlingame $1250, San Carlos $1200, Los Altos $1200, Palo Alto $1000, Saratoga $1000.
3. LGEF had not raised the suggested donation for 14 years.
Prior to this year, the last time the suggested LGEF donation was increased was in 2004. At that time the suggested donation was similar to other Bay Area foundations. Today LGEF is well behind similar districts (see above).
Costs to our schools have risen during this time. According to the Bureau of Labor Statistics, prices in 2018 are 33.40% higher than prices in 2004. The dollar experienced an average inflation rate of 2.87% per year during this period.
Donations of any amount are gratefully accepted!
Every donation makes a difference to our students and our schools, and all are appreciated.
Click the following link to: