The Kentfield School District has included, and depends on, a $1 million KIK Annual Commitment as part of its 2020-21 annual budget. Even with state and local funding, there is a gap in funding for each KSD student. The $1 million KIK Annual Commitment helps to bridge this gap—funding needed for our students and schools—and represents approximately 5% of the KSD annual budget.
As dollars are raised within the current school year, KIK disperses those funds in four installments throughout the year to be used for Bacich and Kent schools. Basically, as funds are raised, funds flow real-time directly to the schools:
- 1st Installment: October 2020
- 2nd Installment: December 2020
- 3rd Installment: March 2021
- 4th Installment: May 2021
2019-2020 FINANCIAL SNAPSHOT
|2019-20 KIK Net Revenues by Campaign|
|Family Giving Campaign||$1,030,000|
|Partners in Education Campaign||$47,000|
|Spring Auction Event||$90,000|
|Family Fun Day||$9,000|
|Fund-a-Need Program*||* see below|
*Fund-a-Need dollars are not included as part of KIK Annual Commitment. Raised as part of the Spring Auction Event, these dollars fund targeted, small-scale district and school-community needs.
**KIK is a Non-Profit 501(c)3 organization , #EIN 94-2665-683. Administrative / office expenses for 2019-20 account for approximately 10% of total net funds raised. See Tax Form 990.
KSD BUDGET DETAILS
For a complete KSD Budget overview, please visit Kentfield School District Budget.
For inquiries regarding details on the Kentfield School District Budget and other district-related questions, please contact:
Raquel Rose, KSD Superintendent
Kirsten Starsiak, KSD Business Manager