Children’s Scholarship Fund Baltimore (CSFB) is pleased to announce that we have raised over $1 million beyond our annual fundraising goal through a three-year campaign to Fund the Future.
Throughout our 20-year tenure of providing kindergarten-8th grade scholarships to low-income Baltimore City students, CSFB has been forced to make commitments to our families before we secured funding. Some years, we delayed scholarship decisions to ensure that enough funding was available. This placed an immense burden on our families.
CSFB can now better serve our families by:
- Establishing a scholarship budget each July for the subsequent school year;
- Informing current families of scholarship renewals one year before the school year starts; and
- Selecting new families from the waiting list in early October for the next school year.
Now that we have reached our goal, a seamless financial transition will occur annually. Fund the Future resources will support scholarships for the current school year. CSFB’s annual fundraising efforts are now focused on raising funds for the following school year.
Fund the Future will enable CSFB to forecast earlier and more accurately the number of available scholarships and allow us to take new students off our wait list sooner. Earlier notification will allow our families more time to select their school of choice, secure the remaining funding needed for tuition, and purchase uniforms and school supplies.
We are grateful to our co-chairs, Tom Kelso and Dori Bishop and to our funders including the Clayton Baker Trust and the Baltimore Next Generation Investing Event whose additional funding brought us in over goal.