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School board discusses new Cincinnati Public School Foundation, approves preschool board appointment
Summary
The Cincinnati Board of Education heard updates on the MOU creating a renamed foundation to replace ABC, discussed fundraising priorities and governance, and approved the district's recommended representative to the Cincinnati Preschool Promise board.
The Cincinnati Board of Education on Aug. 25 heard a detailed update on the transition of the district's longtime ABC Foundation into a newly branded Cincinnati Public School Foundation and approved the superintendent's recommendation to appoint Jennifer Elmira as the district's representative to the Cincinnati Preschool Promise board.
The foundation's leaders told the board the entity will focus on fundraising tied to district goals and will operate with a measure of independence from CPS. Superintendent Murphy and Board Member Crossett, who serves as the board's liaison to the foundation, said the first-year fundraising target is $2 million and that CPS will cover administrative support this year by providing $1.1 million in district funding. Foundation leaders have told the board the organization hopes to grow annual fundraising to about $5 million…
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