In our Winter Newsletter, ABC President Christine Holland provided a breakdown of how ABC spends its money in support of the QUEST and PAGE programs. As we enter the final week of our on-line auction, we’re republishing her article here.
Where does the money go? A frequent thought or question that comes to mind when asked to provide financial support for any non-profit organization. A good indicator of what the priorities of any organization are can be seen by evaluating where a percentage of each dollar is spent. The ABC Board is very proud of its priorities and mission: advocating for gifted students at both the state and local level, providing support to the families of gifted students, and fundraising to provide financial support for the highly capable program needs that are beyond district funding. The following breakdown confirms that we are on track and truly doing all we can to support our program and our students. This breakdown is based on our 2008-2009 Budget.
- 52% goes directly to classrooms and provides such things as field trips, technology, science supplies, library books, emergency supplies, and other educational materials not provided by the district.
- 23% is spent providing professional development opportunities for our QUEST/PAGE educators, financial aid scholarships for our families, and college scholarships for qualified recipients.
- 13% is spent on Family Events such as the Ice Cream Social, Ice Skate Night, Pool Party, Parent Education Speakers, SENG groups, and our May Family Open House.
- 8% is spent on administration. This includes supplies, bank charges for credit card processing, insurance, website fees, incorporation fees, online financial program costs and other administrative costs.
- 4% is spent on Staff Appreciation week as well as affiliations with other sister organizations such as NWGCA, NAGC, Coalition for Gifted Ed and the Maplewood PTA.
As the breakdown illustrates, 92% of every dollar raised goes specifically toward accomplishing the goals of ABC and directly affects the education of each of our gifted students. We appreciate all the support that you have provided in the past and look forward to working together successfully in the future.
