Best Practice

Fundraising: Balancing the school books

A group of 20 school leaders from both state and private schools recently met to discuss the role and future of income generation in schools. Julia Reid discusses some of the ideas and issues that were on the table.

The reality of continued reductions in school funding is universally recognised. A further 10 per cent reduction is anticipated in the next three years. 

If we accept that excellent learning outcomes cost money (facilities, staff, equipment, opportunities etc) then logically, the more reduced the school’s income stream, the harder it will be for them to achieve the results expected of them.

Does this mean then that income generation is becoming viewed as an increasing necessity, where schools need to find alternative income streams, rather than being seen as a distraction away from the core purpose of education?

There are two trains of thought; first that the commercialisation of education in this way is morally wrong and that schools should be concentrating purely on what they were put in place to do. Schools are not businesses and therefore commercial attitudes are out of place.

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