1

Lake Eola Charter School

Enrollment

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 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, the Foundation Board has determined that its assets 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.

Thank you for your continued support.

All content on www.lecs.org is ©1998-2011 by Lake Eola Charter School, Inc. | 135 North Magnolia Avenue, Orlando, Florida 32801 | T: 407.246.0900 F: 407.246.6334