RAFT’s $5 Million Endowment: Securing the Future of Education
A New Chapter for RAFT
On Sept 18, 2024, RAFT CEO, Jason Morrella, announced the RAFT Board of Directors has approved $5 million of our reserve fund to be allocated to start an Endowment Fund to ensure RAFT’s mission will continue to serve our community for decades to come!
Sustaining our Mission
Having served the education community of the Bay Area for 30 years, RAFT knows how the needs of educators and students can change. We have seen the shifting priorities in the classroom and how educators and families have to adapt to serve their students. No matter what changes in the education community, the need for quality education and the importance of hands-on learning remain consistent.
While we celebrate RAFT’s 30th Anniversary, we are focusing on providing a permanent, self-sustaining source of funding. An endowment ensures that RAFT can generate revenue in perpetuity and would allow us to guarantee affordable pricing for educators as well as expand our inventory of STEAM materials to adapt to new educational standards and emerging technologies.
This important initiative will allow RAFT to dream of new programs and services to answer the changing needs of our education system as well as provide our innovative services today. RAFT’s endowment ensures we will be there for the educators and students of the future to serve the next generation of innovators, problem solvers, and creators.
Doubling Donor Impact
In addition to providing continuous support for RAFT’s programs and innovations in the future, this fund will also serve as a matching opportunity for our donors to double their impact. Donors will be able to make a gift to the RAFT endowment, either as a general endowment fund donation or a directed donation to support a specific school or district to ensure these educators and their students are supported for years to come.
See how RAFT has supported hands-on learning and empowered educators across the Bay Area by watching our Impact video below.
Join Us in Securing the Future
The RAFT Board of Directors and Leadership team are thrilled to announce this new milestone in RAFT’s history. We appreciate your support over the years, and we look forward to sharing our progress in this new endeavor. If you’d like to learn more about the endowment and ways to support RAFT’s future, call Kate Ball at (408)451-1420; or email development@raft.net.
Together, we can make a meaningful impact!