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Businesses Money Students School Fundraisers Families Exchange Special

Id ESLPod_0985_CN
Episode Id ESLPod 985
Episode Title School Fundraisers
Title School-Business Partnership Fundraisers
Text

As "school funding" (the amount of money available to pay for schools) is "cut" (reduced), many school "administrators" (people who lead a school, not teachers) have to become creative in organizing new fundraisers that will bring in much-needed money without "tapping out" (taking all of someone's money) students' families. So many schools are creating partnerships with local businesses, hoping to receive money and "in-kind donations" (donations of items, not money) in exchange for providing advertising opportunities and access to students' families.

For example, some businesses donate "space" (room) to schools for special events, and in exchange they get to promote their business to the event participants. Other businesses donate their products to the schools, which then sell them in fundraising events while "acknowledging" (recognizing and thanking) businesses for their support.

Some restaurants have special fundraising evenings where they give a percentage of all money they earn during a certain period of time to the school. The school has an "incentive" (motivation; reason for doing something) to encourage students' families to go to that restaurant on the "designated" (set; established for a particular purpose) evening, so the restaurant has more customers than usual and hopes that some of those customers will become "repeat customers" (customers who go there again).

Other businesses sponsor special events, like sports championships, in exchange for "signage" (signs with a company's name and/or logo) placed at the event. Sometimes those businesses send their employees to volunteer at those events, too, which can improve the business's "reputation" (how someone is viewed by others) "in the eyes of" (in the opinion or perspective of) students' families.

Topics Education

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