Cincinnati Public Schools Foundation sets $2M fundraising goal for academic and wellness initiatives

Cincinnati Public Schools (CPS) is set to embark on an ambitious fundraising initiative, aiming to raise $2 million in its first year through the newly established CPS Foundation. During the CPS Board Business Meeting on May 5, 2025, board members discussed the foundation's strategic fundraising goals, which are aligned with five key areas: academic excellence, wellness, workforce development, student experiences outside Cincinnati, and safety.

The foundation's leadership is currently engaged in a quiet fundraising campaign, with plans for a more public campaign to launch in January 2026. Over the next five years, the foundation aims to raise a total of $20 million, a target that board members believe is both ambitious and achievable.

Board member Crossett, who represents the board on the foundation, emphasized the importance of setting flexible fundraising targets that align with the district's strategic plan. The foundation's budget was also a focal point of the meeting, with discussions surrounding the allocation of funds and the necessity for transparency in financial reporting.

The proposed budget for the foundation is approximately $1.34 million, which includes a request for additional funding to support operational costs. Board members expressed concerns about the increase in expenses, particularly in light of the district's ongoing budget constraints. They highlighted the need for fiscal responsibility and a clear understanding of how funds will be utilized.

In addition to fundraising discussions, the board addressed the appointment of a community member to the foundation, with plans to open the nomination process to the public. This move aims to enhance community engagement and ensure diverse representation within the foundation's governance.

As CPS prepares for its upcoming budget cycle, board members are keen to establish clear guidelines for the foundation's financial oversight and performance measurement. The board is expected to finalize its budget decisions by June, ensuring that the foundation's initiatives align with the district's broader educational goals.

The meeting underscored a collaborative spirit among board members, as they work towards enhancing educational opportunities for students while navigating the complexities of funding and resource allocation. The foundation's efforts are seen as a critical step in securing additional resources to support CPS's mission and improve student outcomes.