Starting an Education Foundation

Starting a local education foundation includes the following steps. For detailed information and resources, contact CTCEF.

1. Organizing—set up core group, do research on education foundations, assess needs and interest, recruit board members who reflect your community, create mission statement and goals
   
   
2. Legal Steps—file for Certificate of Incorporation, write bylaws, obtain tax I.D. number, file for 501(c)(3) status
   
   
3. Financial Steps—get seed money from board members, open checking account, establish bookkeeping system
   
   
4. Statement of Purpose—write and discuss before presenting to schools and community
   
   
5. Identify projects and an allocation process
   
   
6. Develop and implement a fundraising and friend-raising plan

CTCEF presents a workshop on Foundations 101:  A Blueprint to Success at its annual conference to help groups who want to start or revitalize an education foundation. See the Conference Page for this year’s date.