How much of the funds will go to the schools versus foundation overhead?
Initially, all of the funds are going to the schools with the exception of minor administrative costs such as website hosting, stationary, bank account fees and accounting fees. Today PEF is run by 100% community volunteer efforts. In the future, we may need to hire additional administrative support similar to what other community education foundations do. We believe in transparency. To see how we are governed and learn more about our annual reporting, please click here.
