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The LECS Foundation

Despite the fact that we are a public school, Lake Eola Charter School operates on less money than the traditional public schools in Orange County.  The school does not benefit from the 1/2 penny sales tax and must pay an administrative fee to Orange County of over $50,000 per year.  To continue to support its high quality programs and to increase savings to purchase a permanent building, the Lake Eola Charter School Foundation was founded in 2004.  Parents and community have pledged donations toward the half million dollar goal of the Foundation. 

LECS Foundation funds are invested through a local broker, Bill King,  at Smith Barney.  The bulk of the funds (85%) is invested in secure CD's with the balance in a slightly more aggressive market fund.  In the unlikely even that the school would close (hence, the Foundation would cease to exist), the Foundation Board has determined that the money would be donated to three non-profit organizations:  Big Brothers/Big Sisters; St. Jude's Children's Hospital; and a local battered women's shelter.

The Foundation accepts checks mailed directly to the school or donations are accepted through PayPal. To donate with your credit card via PayPal, use the email address info@lecs.org. Also, don't forget to include the service charge of $0.30 and 2.2% of the overall donation.

Thank you for your continued support.