September 18, 2021
9/20/2021 7:07 am
WHAT IS SBEF?
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SBEF stands for Spring Branch Education Foundation. To find out more about SBEF, check out their website - https://sbef.springbranchisd.com/. Below is some information about this taken from their website that briefly describes SBEF. They do amazing things for the students and staff in SBISD.
Mission
Spring Branch Education Foundation is committed to supporting our students and educators. We partner with Spring Branch ISD and the community to fund programs that enhance education and prepare our students for the future.
Challenge
For SBISD, the State of Texas education funding formula means that millions of our local property taxes do not remain in Spring Branch.
Our district sent $75 million in local tax collections to the state during the 2018 school year and is slated to send $88 million this school year in the funding equalization method officially called Recapture; and, known by many as Robin Hood.
Learn more about the funding problems facing our district: SBISD in Session - Legislative news & updates.
Solution
Private funding, through the Foundation, remains in the district and helps enhance quality of education. SBEF raises funds only for SBISD. In the last two years, the Foundation donated more than $3 million to the district. In addition to reaching students across the district through grants and scholarships, in 2017-18, the Harvey Relief Fund helped student and staff families who were displaced by Hurricane Harvey.
Support SBEF
Together, we can achieve our ultimate goal of excellence in education for every SBISD student. Donations can be designated for specific district-wide or campus projects. Donors are recognized district-wide, and all donations are tax deductible.
We are leaders in our field.
In 2016, Caruthers Institute ranked SBEF 42nd in the nation among 188 K-12 education foundations and in the top 10 of its division of foundations with $1 million to $1,999,999 in revenues.
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