Do you have questions?

Well, you are in luck! We have all the answers.

Here are some of the most asked and answered questions!

If you have more, please send them our way in the form below these FAQs.

YES! We are a full-fledged 501c3. Read more about what that means here!
Not yet. We are piloting it at one school; then we will expand.
Most of it does. We take a 15% operations fee. That covers all the overhead of running a not-for-profit. The operations fee helps us pay personnel, cover bank fees, etc. See the Funding FAQs to learn more!
No. Your donation goes to the collective fund and is paid evenly to all qualified recipients.
The school’s leadership defines qualified recipients. Broadly, they are primary educators, not assistant teachers (like student aids or classroom assistants) or administrators (like principals or office personnel). Primary educators are in charge of the class and actively teach the students. The school's administration must deem them in good standing (meaning not under disciplinary action) or in transition to another role outside of a school participating in the Educator Fund's program.

Let’s look at a quick example. Remember that your donation goes to the main fund (an immediate impact account and endowment). A $10,000 donation will be split three ways -
1. $7,500 (75%) is placed in an immediate impact account.
2. $1,000 (10%) goes to an endowment.
3. $1,500 (15%) is used for operational expenses (the not-for-profit's overhead: pay personnel, cover bank fees, etc.)
We understand the urgent need to support teachers now. While we actively build an endowment for the future, our primary efforts will be to provide immediate and impactful support to students and teachers.
That said, we plan to have dedicated fundraising events to fund the endowment.
Sure! Once funded, the endowment will continue to provide income for eligible educators at participating schools.
Let’s assume there are 50 eligible educators, and the endowment is valued at $1.25M. Assuming the fund has a net annualized return (NAR) of at least 4%, each educator will receive $1,000 annually.
Here’s the math: $1.25M (prinicpal) * .04 (NAR) = $50,000 / 50 (teachers) = $1,000 (per teacher annually).
Yes! We have devised three growth milestones:
1. Milestone 1 - $1,000/teacher.
2. Milestone 2 - $5,000/teacher.
3. Milestone 3 - $10,000/teacher (our main objective).
We aim to grow our main fund (an immediate impact account and endowment) to pay all teachers an extra $10K forever.

Please let us know!

— NELSON MANDELA