Approves a fiscal sponsorship agreement letting Oakland Public Education Fund hold donations for the district
Oakland Public Education Fund will set up restricted funds on its books to receive and grant or spend donations of cash and other property for the district and its students. Those funds stay under the control of the Fund's own board. The agreement runs February 13, 2025 through June 30, 2029, and the text lists no dollar amount.
Plain-English summary written by AI from the official text. AI summary · amounts checked against official text
Pulled from the consent vote. Adopted in its own vote on February 26 (5–0, 2 abstaining), instead of with the rest of the consent report.
· Postponed to a Date Certain (passed). A motion was made by Director Hutchinson, seconded by President Brouhard, that this Agreement or Contract be Postponed to a Date Certain, Next Regular Board Meeting, February 26, 2025. The motion carried by the following vote:.
- Michele Vasquez Absent
- Maximus Simmons Absent
- Rachel Latta Aye
- VanCedric Williams Aye
- Mike Hutchinson Aye
- Patrice Berry Nay
- Clifford Thompson Aye
- Valarie Bachelor Aye
- Jennifer Brouhard Aye
· Adopted (passed). A motion was made by Director Hutchinson, seconded by Director Thompson, that this Agreement or Contract be Adopted. The motion carried by the following vote.
- Michele Vasquez Absent
- Maximus Simmons Absent
- Rachel Latta Abstained
- VanCedric Williams Abstained
- Mike Hutchinson Aye
- Patrice Berry Aye
- Clifford Thompson Aye
- Valarie Bachelor Aye
- Jennifer Brouhard Aye
- Vendor / partner
- Oakland Public Education Fund · Oakland, CA
- Action
- New agreement
- Category Categories and sub-categories are assigned by AI from each item's official text, using a fixed set of definitions. They can be wrong. How categories work
- Partnerships & data sharing
- Term
- Feb 13, 2025 – Jun 30, 2029
- Presented by
- Board of Education
- File
25-0401· agendaL.-51- Outcome
- Adopted, Feb 26, 2025
Official text
Approval by the Board of Education of a Fiscal Sponsorship Agreement By and Between the District and the Oakland Public Education Fund ("OPEF"), Oakland, CA, under which the latter agrees to establish restricted funds, as necessary, on its books to receive and grant or spend donations of cash and other property for the support of District and its students, subject to the discretion and control of OPEF's Board, from February 13, 2025 through June 30, 2029.
History
- Postponed to a Date Certain
- Adopted