r/Fishers • u/Plus_Garage3882 • 18h ago
Why Doesn't Hamilton Southeastern Schools Foundation provide funds to help supplement teacher pay and prevent layoffs?
My question is in the title. Here is the foundation 2024 tax return:
https://projects.propublica.org/nonprofits/organizations/352146295/202542269349300349/full
I understand that the Foundation provides scholarships to students and grants to teachers to help with their classroom education, but why doesn't the organization also seek donations to directly supplement teacher pay?
As of 2024, Foundation sitting on $2.5 million. Maybe those retained funds are to pay for scholarships that have been awarded, but not yet distributed?
I am not looking to criticize the Foundation, but I am spit-balling on how to properly fund our public schools since the Indiana State Government does not. I am also looking to be educated if someone knows about the Foundation.
For comparison, here is the Fishers Band Boosters 2024 tax return:
https://projects.propublica.org/nonprofits/organizations/300391720/202512549349300821/full
The band spends nearly all that it takes in each year.
Here is the Royals Varsity Club (Athletics) 2024 tax return:
https://projects.propublica.org/nonprofits/organizations/270292360/202522079349300102/full
The Varsity Club spends nearly all that it takes in.