Grants and gifts accounted for approximately 8% of the District’s Total General Fund Resources in fiscal year 2015-16. The Menlo Park Atherton Education Foundation is a nonprofit public benefit corporation, providing financial support to the District. The Education Foundation was formed solely to assist the District. The support is to supplement the resources available to the District through normal tax revenues and State funds. The foundation funds are unrestricted as to use. Foundation payments to the District have grown from $1.5 million in 2005-06 to $3.6 million per year for 2013-14, 2014-15, and 2015-16.
To learn more about how MPAEF supports the District, click here.