Spring Branch Education Foundation (SBEF) was ranked in the nation’s top 10 among education foundations with $1 million to $1,999,999 in revenues by “Stepping Up: The Nation’s Top K-12 Education Foundations 2016,” the nation’s only annual study that ranks K-12 foundations. It ranked 42nd in the country, among 188 education foundations, the second consecutive year to be included in the top 50.
“For SBEF to be recognized as one of the top education foundations in the United States is an incredible honor,” said Lisa Schwartz, chair of SBEF’s board of Directors. “Our tireless volunteers and Foundation staff are passionate about helping Spring Branch ISD achieve an outstanding educational experience for every student in every classroom in every SBISD school. This award inspires all of us.”
In the last school year, SBEF awarded more than $1 million to SBISD for education-enhancing projects and scholarships for its students and teachers.
The Stepping Up study includes education foundations in the top 200 largest school districts by student population, as well as other top-performing foundations in smaller districts. The study looks at eight key performance categories to determine the ranking: annual revenues, revenues per student, total assets, assets per student, investment income, total program expenses, expenses per student and volunteers.
The purpose of the study, conducted by Caruthers Institute, is to advocate the importance of K-12 education foundations while recognizing those that do it best. The report describes K-12 education foundations as “a vital, and mostly unrecognized, enhancer of public education—providing programs and scholarships that otherwise would not exist.”
Caruthers Institute is a national management and strategy consulting practice with expertise in youth education issues.