York Foundation for Public Education Launches Tech Endowment

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YCSD_SealA new fund is providing York County Schools with technology upgrades for years to come.

The York Foundation for Public Education announced the completion of the Bay Electric Company Inc. Technology Initiative, a five-year fundraising campaign that will create an endowment to fund the purchase of technology upgrades in the school division.

The endowment will be controlled by YFPE and will be managed by the Peninsula Community Foundation.

The initiative began five years ago, when the YFPE was considering a fundraising campaign for technology upgrades in YCSD.

YFPE liaison Peggy Myatt said Bay Electric Company was interested in making a donation to the campaign, but wanted it to have a longer-lasting effect.

“They didn’t want to do just a one-time donation,” Myatt said.

The company donated $100,000 to the school division as part of a dollar-matching program, and the Parent Teacher Organizations at each of the 19 schools in YCSD were asked to match it with a contribution of about $1,000 per school annually.

As the PTAs made their contributions every year, the schools received about $1,000 from the Bay Electric donation to fund technology upgrades.

“After five years, our groups donated nearly $100,000 and will be able to watch the schools benefit for years to come,” York County PTA president Laurel Garrelts said in a news release. “Raising funds is not easy for PTA groups to do, thus allocating these matching funds during the five years was a major commitment for all 19 of our groups.”

After five years, each of the schools had received about $5,000 worth of technology upgrades funded through the Bay Electric donation, and 18 of the 19 schools were able to match that to fund the endowment. Four schools received matching pledges throughout the five-year period from direct donations from private donors.

“The success of the Bay Electric Technology Initiative demonstrates how the collaboration of PTA groups, private citizens, the YFPE and one local community business came together to provide our students with powerful digital tools to use for learning for many years to come,” Myatt said in a news release.

With the fundraising effort complete, Myatt said each school will receive a check of around $200 annually from the endowment to fund the purchase of technology upgrades approved by the school division.