financing strategies for educational technology

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Financing Financing Strategies for Strategies for Educational Educational Technology Technology BeeChoo Ng BeeChoo Ng & Nancy Hunt, Ed.D. & Nancy Hunt, Ed.D. School of Education & Human Development School of Education & Human Development California State University, Fresno California State University, Fresno Market Share 1st Qtr 2nd Qtr 0 20 40 60 80 1st Qtr 2nd Qtr

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Market Share. Financing Strategies for Educational Technology. BeeChoo Ng & Nancy Hunt, Ed.D. School of Education & Human Development California State University, Fresno. Funding Sources. Public Funds Private Funds. Public Funds. Federal Government Funds State Government Funds - PowerPoint PPT Presentation

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Page 1: Financing Strategies for Educational Technology

Financing Strategies for Financing Strategies for Educational TechnologyEducational TechnologyFinancing Strategies for Financing Strategies for Educational TechnologyEducational Technology

BeeChoo NgBeeChoo Ng

& Nancy Hunt, Ed.D.& Nancy Hunt, Ed.D.

School of Education & Human DevelopmentSchool of Education & Human Development

California State University, FresnoCalifornia State University, Fresno

Market ShareMarket Share

1st Qtr 2nd Qtr0

20

40

60

80

1st Qtr 2nd Qtr

Page 2: Financing Strategies for Educational Technology

Financing Strategies 2

Funding Funding SourcesSourcesFunding Funding SourcesSources

Public FundsPublic Funds

Private FundsPrivate Funds

Page 3: Financing Strategies for Educational Technology

Public FundsPublic FundsPublic FundsPublic Funds

Federal Government FundsFederal Government Funds

State Government Funds State Government Funds

Local Government FundsLocal Government Funds

Financing Strategies 3

Page 4: Financing Strategies for Educational Technology

Financing Strategies 4

Federal Government FundsFederal Government FundsFederal Government FundsFederal Government Funds

US Department of EducationUS Department of Education•Chapter I (Educationally Chapter I (Educationally

Disadvantaged)Disadvantaged)•Chapter II (Educational Chapter II (Educational

Improvement)Improvement)•Secretary Fund of Innovation in Secretary Fund of Innovation in

Education (FIE)Education (FIE)• Fund for the Improvement and Fund for the Improvement and

Reform of Schools & Teaching Reform of Schools & Teaching (FIRST)(FIRST)

•Dwight Eisenhower Program for Dwight Eisenhower Program for Math and Science EducationMath and Science Education

•Star SchoolsStar Schools

Page 5: Financing Strategies for Educational Technology

Financing Strategies 5

National Endowment for the National Endowment for the HumanitiesHumanities

National Science FoundationNational Science Foundation

US Department of LaborUS Department of Labor• Job Training and Job Training and

Partnership Act (JTPA)Partnership Act (JTPA)

Page 6: Financing Strategies for Educational Technology

Financing Strategies 6

State Government Funds ( California )State Government Funds ( California )State Government Funds ( California )State Government Funds ( California )

CA Department of EducationCA Department of Education

• School Based Educational Technology School Based Educational Technology Grants (SB 1510 )Grants (SB 1510 )

• School Restructuring Project (SB 1274)School Restructuring Project (SB 1274)

• School Development Plan (SB 1882)School Development Plan (SB 1882)

• School Improvement Program (SIP)School Improvement Program (SIP)

Page 7: Financing Strategies for Educational Technology

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Local Government FundsLocal Government FundsLocal Government FundsLocal Government Funds

• Local Technology BondLocal Technology Bond

• Local Sales Tax LevyLocal Sales Tax Levy

Page 8: Financing Strategies for Educational Technology

Private FundsPrivate Funds Corporations and FoundationsCorporations and Foundations

Local Businesses and CommunityLocal Businesses and Community

Financing Strategies 8

Page 9: Financing Strategies for Educational Technology

Financing Strategies 9

Corporations and Foundations Corporations and Foundations Corporations and Foundations Corporations and Foundations

Computer CompaniesComputer Companies• Apple Computer Inc.Apple Computer Inc.

• Tandy Corp.Tandy Corp.

• IBM Corp.IBM Corp.

• Commodore Business Machine Inc.Commodore Business Machine Inc.

Carnegie Corp. of New YorkCarnegie Corp. of New York

Computer Learning FoundationComputer Learning Foundation

Page 10: Financing Strategies for Educational Technology

Financing Strategies 10

Toshiba America FoundationToshiba America Foundation Times Mirror Company FoundationTimes Mirror Company Foundation AT & T FoundationAT & T Foundation Ford FoundationFord Foundation Hitachi FoundationHitachi Foundation Mattel FoundationMattel Foundation Xerox FoundationXerox Foundation Exxon Education FoundationExxon Education Foundation

Page 11: Financing Strategies for Educational Technology

Financing Strategies 11

Parent-Teacher OrganizationsParent-Teacher Organizations

Grocery receipts redemption Grocery receipts redemption programprogram

Fresno Public Education FundFresno Public Education Fund• Classroom Mini-Grants ProgramClassroom Mini-Grants Program• School Checks Coupon BooksSchool Checks Coupon Books

Local Businesses and CommunityLocal Businesses and CommunityLocal Businesses and CommunityLocal Businesses and Community

Page 12: Financing Strategies for Educational Technology

Financing StrategiesFinancing StrategiesFinancing StrategiesFinancing Strategies

Grant WritingGrant Writing School / Community School / Community

FundraisersFundraisers Education - Business Education - Business

PartnershipsPartnerships Product DonationsProduct Donations Leasing and Installment PlansLeasing and Installment Plans Stretching Your DollarStretching Your Dollar

Financing Strategies 12

Page 13: Financing Strategies for Educational Technology

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Grant WritingGrant WritingGrant WritingGrant Writing

Grant ResourcesGrant Resources• Federal RegisterFederal Register• Directories of private foundationsDirectories of private foundations• Online Grant ResourcesOnline Grant Resources

Tips on Preparing Successful ProposalsTips on Preparing Successful Proposals• The ProposalThe Proposal• CredibilityCredibility• BudgetsBudgets• CommunicatingCommunicating• AfterwardsAfterwards

Page 14: Financing Strategies for Educational Technology

Financing Strategies 14

School/Community FundraisersSchool/Community FundraisersSchool/Community FundraisersSchool/Community Fundraisers

Student-managed computer servicesStudent-managed computer services• ““Memory “ ServiceMemory “ Service

• Video Yearbook ProjectVideo Yearbook Project

School Technology Fair at local mallSchool Technology Fair at local mall Community Technology FairCommunity Technology Fair

Magazine Subscription ProgramMagazine Subscription Program Jogathan, candy drive, book fair, Jogathan, candy drive, book fair,

school auctionschool auction

Page 15: Financing Strategies for Educational Technology

Financing Strategies 15

Education-Business Education-Business PartnershipsPartnershipsEducation-Business Education-Business PartnershipsPartnerships

Partnerships with computer vendors / retailersPartnerships with computer vendors / retailers• Computer Learning MonthComputer Learning Month• School as a demo siteSchool as a demo site

Partnerships with local businessesPartnerships with local businesses• Grocery receipts redemption programGrocery receipts redemption program• Adopt-a-school programAdopt-a-school program• Corporate participation planCorporate participation plan

Media PartnershipsMedia Partnerships• School Wish List ProgramSchool Wish List Program

Page 16: Financing Strategies for Educational Technology

Financing Strategies 16

Product DonationsProduct DonationsProduct DonationsProduct Donations

Gifts In Kind AmericaGifts In Kind America• Local United Way’s Gift In Kind ProgramLocal United Way’s Gift In Kind Program• The Agency Program ( TAP )The Agency Program ( TAP )

Educational Assistance, LimitedEducational Assistance, Limited

National Association for the Exchange National Association for the Exchange of Industrial Product (NAEIR)of Industrial Product (NAEIR)

California: Detwiler Foundation California: Detwiler Foundation Computers for School ProgramComputers for School Program

Page 17: Financing Strategies for Educational Technology

Financing Strategies 17

Leasing and Installment Leasing and Installment PlansPlansLeasing and Installment Leasing and Installment PlansPlans

Cash Purchase vs Leasing Cash Purchase vs Leasing ProgramsPrograms

Page 18: Financing Strategies for Educational Technology

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Stretching Your DollarStretching Your DollarStretching Your DollarStretching Your Dollar

• Money Stretching TipsMoney Stretching Tips

• Plan CarefullyPlan Carefully

• Budget AnnuallyBudget Annually

• Act as a TeamAct as a Team

• Reallocate funds / create fundingReallocate funds / create funding

Page 19: Financing Strategies for Educational Technology

Fundraising TipsFundraising TipsFundraising TipsFundraising Tips

Plan your journeyPlan your journey Be persistentBe persistent Do your homeworkDo your homework Be flexibleBe flexible Be creativeBe creative Get your team behind youGet your team behind you Think bigThink big Think smallThink small Paddle your own canoePaddle your own canoe If at first you don’t succeed...If at first you don’t succeed...

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Page 20: Financing Strategies for Educational Technology

Activity Activity Activity Activity

A Creative Financing Plan for a Technology ProjectA Creative Financing Plan for a Technology Project

1 . Decide a technology project to implement.. Decide a technology project to implement.

2 . Develop an Action Plan of the proposed Project.. Develop an Action Plan of the proposed Project.

3 . Prepare an Action Plan of your financing . Prepare an Action Plan of your financing strategy.strategy.

4 . Design a poster to advertise your fund-raising . Design a poster to advertise your fund-raising event.event.

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Page 21: Financing Strategies for Educational Technology

Group Presentations of Group Presentations of Financing PlansFinancing Plans

Group Presentations of Group Presentations of Financing PlansFinancing Plans

ABC Technology Project

Financing Strategies 21