During a Palm Beach County School District workshop, representatives of the Education Foundation reported they provided just under $3 million in value to the district in fiscal year 2023–24 and previewed a new 32,000‑square‑foot Red Apple Supply warehouse that the foundation plans to open with a Jan. 16 ribbon cutting. Foundation leaders said the organization runs matching grants, GoTeach classroom grants, career‑academy funding, and several scholarship programs for district students.
The foundation said its consortium matching grants totaled $553,463.05 last year and reminded board members those programs depend on a recurring state budget line item. “It is now a $6,000,000 recurring line item in the state budget,” the foundation representative said, adding Palm Beach County’s share is roughly $300,000. The foundation also detailed program‑level grants funded entirely by local donors, including a grant for school police from ADT.
Foundation staff said GoTeach awarded 88 grants in FY23–24 totaling about $185,000 across 61 schools and roughly 1,769 teachers, and that this year’s GoTeach awards will increase to about 91 grants totaling roughly $190,000. The foundation said it manages roughly 50 fiscal‑agent accounts totaling about $748,000 and does not charge an administrative fee for that service.
On capital fundraising, the foundation said the Red Apple Supply building is running ahead of schedule and under its original budget. The facility was described as roughly 32,000 square feet and expected to cost about $13.9 million instead of an earlier estimate of about $14.9 million. The foundation reported it had raised approximately $12.5 million and signed a $2.5 million line of credit with TD Bank to cover short‑term cash needs until remaining donations arrive. Foundation leaders invited board members to hard‑hat tours in October and November and to the Jan. 16 ribbon cutting.
Board members praised the foundation’s work during the workshop and thanked staff and volunteers. The foundation asked the board and the public to continue supporting the state matching grant line in the Tallahassee budget.