Sustainable, RecurringFunding for Education Foundations

School Spirit Pays helps communities collaborate through their district’s Education Foundation to bridge funding gaps with locally-controlled funds.

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Our mission is to help fund education…

…by redirecting millions of dollars into schools

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We do this by giving access to money from a long-standing, successful business category that exists in every community…

…providing ongoing, monthly revenue to your Foundation

Credit Card Processing

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A Foundation provides introductions into businesses in their community…

…we then recruit these local businesses and service providers to process their credit and debit cards

through School Spirit Pays

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And pay your Foundation 25% of our proceeds on every transaction creating passive, recurring revenue month after month

Communities continue to do exactly what they do today…

…while creating recurring revenue for schools through their local Education Foundations

Merchants Sell Goods or Services

Parents, educators and other community

members buy from local merchants.

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While each transaction provides a small donation, it adds up to meaningful dollars…

• A typical small business would donate on average $42 a month, or just over $500 a year

• The average car dealer would donate closer to $6000 a year

• That cool internet e-commerce company in that warehouse down the street? Tens of thousands of dollars a year…

• Got a family destination in your area like a ski resort or theme park? Potentially hundreds of thousands of dollars a year…

And all at absolutely no cost to the businesses supporting your district…

• Accounts Receivable departments in big companies all use credit cards

• Large businesses often get paid with corporate purchasing cards

• Big businesses may not think they do much in credit cards, but because of their scale, they often do significantly more volume than a retailer

• Many large Business-to-Consumer companies do Automated Recurring Billing for memberships and other ongoing relationships

Looking at retailers:

But there’s so much more:

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EXAMPLE FOUNDATION: The School Spirit Pays program can mean significant revenue:

Business Monthly Donation Annualized

Fiber Optics Manufacturer 726.18 8,714.16

Local Ford Dealer 278.15 3,337.80

HVAC Mechanical Dealer 62.20 746.40

Auto Lube & Tune-up Store 105.50 1,266.00

Daycare Facility 137.75 1,653.00

Dentist 107.75 1,293.00

Optometrist 122.45 1,469.40

Sports Club 208.30 2,499.60

Education Foundation Programs 379.25 4,551.00

Totals $2,127.53 $25,530.26

What could your Foundation do with this money?

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The program is simple…

• The Foundation, its board and supporters make introductions for School Spirit Pays to local businesses to discuss an innovative new fundraising program

• To become a supporter, merchants fill out a standard merchant account application

• School Spirit Pays helps merchants make minor changes to transfer their credit card processing

• The Education Foundations start receiving monthly donations on behalf of each member business

• The Foundation determines how best to use the funds in their schools

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