PPS Parents' Equity Fund
Funded by the PPS parent community, the PPS Parents’ Equity Fund provides needed financial support to high-need PPS schools.
In 1994-95, on the heels of Measure 5’s cuts to public education, parents from a number of Portland schools asked the Portland Public School Board to allow them to create a vehicle for raising private dollars to support teaching and staff positions at their schools. The Portland School Board allowed for the creation of “local school foundations” at all of Portland’s public schools. The School Board also required that an Equity Fund be established. One-third of all funds raised (after the first $10,000) by Local School Foundations is set aside in the PPS Parents’ Equity Fund that we steward and distribute to high-need schools using a data-driven formula; a formula that is examined each year to ensure the funds are reaching the highest need schools.
Since its establishment, the PPS Parents’ Equity Fund has attracted national attention for its creative and collaborative approach to addressing disparities in school funding and has awarded almost $11 million in grants to schools in need. Read more from national media outlets: The New York Times (6/21/12) and Education Week (3/12/12).
Stepping Up, the nation’s only annual study and ranking of K-12 education foundations from more than 200 districts nationwide, has ranked All Hands Raised and the Portland Public Schools Foundation in their Top 50 for the third year in a row – read the report here.