Portola Valley Schools Foundation

“Form 990 was available to board members on the organization's shared file system. Board members were informed of this by email in a timely manner.”

“Available in foundation's office and on public website at http://www.pvschoolsfoundation.org/”

“The portola valley schools foundation seeks to provide general financial support for the portola valley school district in order to provide and maintain consistently high quality educational opportunities for the children of ormondale and corte madera schools. By fundraising through annual campaigns, the endowment,events community business partnerships and escrip, the foundation raises money to pay for essential educational programs and for innovative teacher and district projects. The foundation is committed to conducting its fundraising in a manner that supports the districts efforts, fosters cooperation among all district organizations, and increases awareness of the need for private funds for public education in california. Anyone can support the foundation. We thank all the parents,grandparents, friends, staff, teachers, businesses and community members who have shared in our vision for our children.”

“The foundation receives donations of goods and services which it auctions at their major fund raising event. Because of the difficulty in valuing these items, they are not included in donation revenues.”

“Endowment funds are held in a vanguard investment account. This account is invested in a balanced portfolio of fixed income and equity investments. Additional endowment funds are held in cash equivalents.”

“Every other year the foundation raises funds through an auction of goods and services. The foundation's receipt for auction payments by buyers includes a statement of amounts paid for those goods and services.”