About Foundation
The Cold Spring School Foundation was established in 1980 in response to Serrano/Priest and Proposition 13 State Legislation. Combined with declining school enrollment, Cold Spring School was left with one of the lowest ADA's (translate, "funding status") in Santa Barbara County. In response to these monetary constraints, the Foundation was originally established to raise funding for art, music and library resources. Computer technology has more recently become an additional beneficiary of this funding, as has Physical Education.
In addition to annual fund-raising events, the Foundation, as a 501(c)(3) tax-exempt educational institution, also serves as the channel for various funds raised for specific endeavors such as the construction of the school library and the recently opened computer lab.
As a volunteer organization comprised of 23 trustees, the Cold Spring School Foundation is charged with raising money to fund annual grant requests from the School Board. While the Foundation supplements funding for staffing and instruction in the arts, music, drama, library and technology programs, it avoids becoming involved in regular staff, faculty and core subject areas supported by state funds.
The Foundation holds its meetings on the third Wednesday of each month at 7:00 a.m. in the school library. (2nd Wednesday in December) Foundation members serve two-year terms with elections in December and an organizational meeting in January.
