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Business Relationships Help Schools Fund Projects

school-business partnership

1 minute read

Many school districts don’t have the funding for all the projects they’d like to complete in a given year. Whether it may be uniforms, books, or a new scoreboard, some items may be shelved for next year or permanently placed on a wish list.

Establishing school-business partnerships is one way that schools can acquire extra support or funding. A school administrator can reach out to local businesses and establish a relationship. Through that relationship, businesses may offer direct funding, goods, or services.

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The partnership is a win-win for both parties. The children receive an improved educational experience, while the business itself increases their community image and enhances their goodwill.

The partnership between Sunrise Family Credit Union and Essexville-Hampton Public Schools, in Essexville, Michigan is one good example. Last year, the credit union purchased new accounting books for the school. This year, the credit union provided the funding to re-surface their gym floor, something the school would not have been able to afford on their current budget.

Read the full article here.

 

National Insurance Services is not a law firm and no opinion, suggestion, or recommendation of the firm or its employees shall constitute legal advice. Readers are advised to consult with their own attorney for a determination of their legal rights, responsibilities and liabilities, including the interpretation of any statute or regulation, or its application to the readers’ business activities.

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Erin Woulfe

Erin Woulfe

Erin Woulfe likes to write about things that matter. Keeping her finger on the pulse of what’s happening in the public sector world, she blogs about the latest legislative news and employee benefit trends that affect our school, city and county clients. She’s been with NIS since 2002. “I love connecting to our clients and providing them with the tools they need in order to administrate their plan,” says Erin. “Whether that be materials to educate their employees on certain benefits, how to effectively communicate change within an organization, or providing tips and how-to’s to help them make their job easier.”