School Board of the City of Virginia Beach
Policy 3-16

BUSINESS AND NONINSTRUCTIONAL OPERATIONS

Local Funds: Virginia Beach Education Foundation, Inc.

1. Generally

   As provided in Chapter 10, Title 13.1 of the Code of Virginia it is the desire of the School Board to operate a nonprofit, nonstock corporation under the name of Virginia Beach City Public Schools Education Foundation, Inc. (the "Corporation").

2. Objectives and Purposes

   The objectives and purposes of the Corporation are enumerated as follows:

   1. To raise funds to support innovative projects, allowing teachers and schools to implement ideas that support the Standards of Learning and the Virginia Beach City Public Schools curriculum.

   2. To manage award programs, approved by the Education Foundation

   Board, that offer Virginia Beach City Public Schools teachers and staff
   the opportunity to acquire funding that would not otherwise be available through the School Board’s operating budget.

   3. To develop meaningful opportunities for community members/businesses to be involved with Virginia Beach City Public Schools through initiatives aligned with Education Foundation Goals.
      
      
   4. To assist in making the instruction or training in the vocational education program a more practical and meaningful experience through unique hands-on learning opportunities for students.
      

See also the Corporation's bylaws.

Legal Reference:

Code of Va., § 13.1-801, as amended, et seq, Virginia NonStock Corporation Act.

Adopted by School Board: May 21, 1991
Amended by School Board: February 16, 1993
Amended by School Board: June 20, 2006