How State Aid Impacts Edgemont
The state provides aid under a number of categories, but by far the most important and material bucket is Foundation Aid. The state’s allocations of Foundation Aid ($21.3 billion in 2022-2023) to school districts is intended to ensure that all districts in the state have the necessary resources to ensure all students receive a “sound basic education” as required by the state constitution. The formula for calculating Foundation Aid is overly complex; however, what is important to note that the two primary drivers of the differences in aid received amongst schools are:
- Expected Minimum Local Contribution (i.e., the relative wealth of the community), based on a computed tax rate or local share formula that utilizes an income wealth index and a local tax factor.
- Total Aidable Foundation Pupil Units (i.e., enrollment).
In short, the higher the income wealth index the lower the proportional share of the Foundation Aid pot. Conversely, the lower the enrollment, the lower the proportional share of the Foundation Aid pot. Edgemont has a high income wealth index and a mid to low enrollment total. As a result, we receive less aid than neighboring districts who rate differently on these metrics.
The good news is, that over the past ten years, we’ve seen an increase in the percentage of our revenue budget stemming from state aid. Namely, an increase from 6% of the budget in 2014-15 to 12% of the budget in the current year. This is most closely attributed to the state’s commitment to fully fund districts based on the approved Foundation Aid formula. As a result, we have seen a 56% increase in our Foundation Aid allocations in two years. This will be the last significant increase as we are now “fully funded.” Moving forward, we expect more modest increases based on economic growth factors.
| Year | Budget | Foundation Aid | Total State Aid | Aid as % of Budget |
| 2024 | $ 69,374,373 | $ 4,869,652 | $ 8,076,495 | 12% |
| 2023 | $ 67,026,024 | $ 3,541,218 | $ 6,587,323 | 10% |
| 2022 | $ 65,251,389 | $ 2,546,644 | $ 5,163,310 | 8% |
| 2021 | $ 63,616,332 | $ 2,103,877 | $ 4,563,118 | 7% |
| 2020 | $ 61,048,737 | $ 2,104,103 | $ 4,378,532 | 7% |
| 2019 | $ 59,129,371 | $ 2,078,729 | $ 4,571,279 | 8% |
| 2018 | $ 57,092,835 | $ 2,028,138 | $ 4,479,340 | 8% |
| 2017 | $ 55,512,470 | $ 1,960,263 | $ 4,059,081 | 7% |
| 2016 | $ 54,104,349 | $ 1,960,259 | $ 3,669,817 | 7% |
| 2015 | $ 53,149,102 | $ 1,944,439 | $ 3,354,471 | 6% |
Neighboring districts like Ardsley, White Plains, Hastings, and Elmsford receive between 14% and 17.2% of their budget from State Aid. Every dollar counts!
http://WWW.EDGEMONTSCHOOLFOUNDATION.ORG/DONATE
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How Can I Donate to The Edgemont School Foundation?
We are very thankful you would like to donate to the Foundation and help support Edgemont students. Please see the array of ways we can accept donations:
1) Credit card: www.edgemontschoolfoundation.org/donate
2) Stock donations:
Gifts of publicly traded securities that have appreciated in value allow you to avoid capital gains taxes while also receiving a tax deduction for your gift. The Foundation benefits by selling the stock without paying taxes on the gain, and you benefit from making a contribution that would be larger than what you might have been able to donate in cash.
The following are the DTC instructions for the Edgemont School Foundation for transfer of stock to the Foundation’s Advisor, Onyx Bridge Wealth Group, that clears through Charles Schwab.
DTC# 0164
Charles Schwab & Co., Inc.
Account # 8150-1532
Account Name: Edgemont School Foundation
Reference: (name of donor)
Before a transfer of stock is made, we request that you please notify us at (info@edgemontschoolfoundation.org) with the name(s) of stock(s), number of shares, and gift designation(s) so we may monitor our account for the expected transfer and process your gift accurately.
3) Corporate Matching: Many companies will match your personal donation through their own donation program. Please inquire with your employer to see if this is an option for you. We have accounts with CyberGrants, Benevity Matching Grants, and EasyMatch.
4) Estate Planning: Please keep the Edgemont School Foundation in mind when planning your future and estate.
5) Check: All checks may be mailed to: PO Box 1154, Scarsdale, NY 10583
7th Grade Math PBL Classroom Redesign
Groups of 7th grade math students presented their classroom redesigns in May to administrators, teachers and the Edgemont School Foundation board members. The redesign the best represented a modern Edgemont classroom given mathematical parameters was selected and the classroom furniture was ordered! Please see below for images and quotes from teachers using the new innovative teaching space in D5.
“I would say that having chairs with wheels is a big help even though I was worried about the kids rolling around. It is easy for them to turn and see the white board or the promethean, as well as to turn and face anyone who is speaking. The desks are a little larger than the old desks. It’s helpful for the students to have a little extra space for a textbook or chromebook. And everybody loves to work at a whiteboard table. We’ve gone through more than our share of Expo markers!” – From the teacher of the D5
Quotes from students:
“The furniture allows for group work, and chairs with wheels help a lot because moving a little and fidgeting a little allows you to think better. The whiteboard tables are especially my favorite, because you are able to write on them and do math problems on them. The shape of the regular desks is also really nice, because contrary to a regular square desk, these allow for a better way of placing things and more space.”
“The whiteboard tables allow for a space to write and interact with the surroundings of the classroom. It gives a break from boring seatings and makes it more fun to learn in my opinion.”
“The quality of the new furniture helps me to stay focused, I’m my other classes I’m playing with how wobbly the desks are. But these desks are adjustable so I don’t have that problem.”
“Having flexible furniture makes me happier because I enjoy the learning environment.”
What do the students like about D5 now:
“It is spacious and allows for everyone to move around.”
“I enjoy the color of the tables/chairs and the moving chairs.”
“I like the whiteboard tables.”
“The colors. The pastel green and beige match well and also the chairs and desks are so comfortable. Also, Mrs. Reinmuths plants make the classroom look so bright and relaxed.”
“Flexible and creative seating.”
“I like the fact that there are multiple whiteboard tables”
“I enjoy the whiteboard tables because I could write down notes and other thoughts that I don’t need to write down on my paper.”
“I really like the flexibility of the room.”
Seely Place 4th Grade & 8th Grade Podcast Project!
From Jen Borella and Jeremy Levin, SP 4th grade teachers: Our Poetry Podcast Day was a huge success. Their journey began weeks ago in reading as we started talking about poetry, looking at elements of poetry and reading poetry to understand meaning.
Last week our class began writing their own pieces and then shared them with their 8th grade EHS poetry coaches, with support from Ms. Cecere, EHS English teacher. Our students and the 8th graders collaborated through google doc to support the editing process. This was a valuable experience and we saw the excitement as they were given feedback from someone other than their teachers!
8th graders made the trip by bus to Seely Place to support our students with the poem layout and recording of their podcast. Watching this collaborative process was extremely rewarding for both myself and Mr. Levin as we saw our vision come to life from the grant we wrote this year.
The Edgemont School Foundation purchased the high quality microphones we used for this project in order to support our creative and “think outside the box” approach to learning.
Student Quotes:
4th Grader Maya Fenyves: “The podcast experience was so cool. Having the chance to use the microphones was a once in a lifetime opportunity. They made my voice louder and were so exciting to use. I loved making my own Podcast, my dad listens to them so it was fun to make one.”
4th Grader Mason Rothman: “The microphones made my voice louder and let me put my poem sound better and more quality to my poem.”
8th Grader Gabriel Hwang: “My poetry podcast experience was a blast! It was great to bond with and help out some fourth grade students. The whole process of recording and editing was such a wonderful journey! I would totally recommend this for future eighth and fourth graders! It was spectacular.”
8th Grader Celina Spearing: Our 8th-grade field trip to Seely was just as you’d expect! The 4th graders were eager to meet us. We helped them revise/edit their poems as well as helped them record. Everything was perfect as both we and the 4th graders were on their best behavior. Ms. Borella was also an amazing hostess to us and helped answer any questions we may have had. Overall, this was a great experience and I would definitely sign up for it again!
Please use this link to read the poetry podcasts themselves!
Seely Place 6th Grade Book Groups Updated!
The Edgemont School Foundation is proud to have granted the Seely Place 6th grade with a new library with more advanced topics, reading levels, and genres for their reading groups.
“I can’t thank The Edgemont School Foundation enough for helping to purchase new book sets for our sixth grade book clubs. The students were excited to have a voice in the book sets that we were requesting, and couldn’t wait to dive into our new cycle of book clubs once the books arrived. During this cycle of book clubs, I was able to offer students high-interest book options that spanned a greater variety of genres that they were interested in compared to what I was able to offer before. The hardest part for many of them was having to choose just one book to read during our book club cycle, and many of them asked if they could borrow some of the other choices just to read for pleasure. The new books that we received have allowed the students to have deep discussions within their book clubs that focused around topics of diversity, inclusion, and equity. Students have been more motivated, engaged, and are having some of the most thoughtful, deep discussions with their peers thanks to the new book sets. Thank you again for considering our grant and for helping to make such an impact.” – Olga Jubinville, SP 6th grade reading and ELA teacher
Quotes from students:
“I love Book Clubs and I feel we should do them more often. These books are amazing not only because they are new and high quality, but because the stories are so interesting and fun to follow. I love doing the jobs and discussing the books and I feel that thay make me a better reader as a whole.”
-Liv D.
“I think this cycle of Book Clubs is very motivating and enjoyable thanks to the new book choices. I really enjoy our book choice, The Breadwinner. The plot is very specific and unique, and the characters are dynamic. I have really enjoyed book clubs so far!”
-Kimaya B.
“I find that this cycle of Book Clubs is exciting. This is because I have to constantly socialize with new people and try things that I usually might not do. I really like my book club’s new book. It is called The Breadwinner and really makes sure kids like us don’t see the world through rose colored glasses.”
-Alex L.
“I really like the set of books because I love to read historical fiction and there were a lot of those types of books. I know most of the people in my book club also love to read historical fiction, and A Night Divided was really good and we all really enjoyed it. I also really like book clubs in general because it helps me focus on a book and really think about the book deeper than I normally do”
-Isabel W.
“I feel that this cycle is better than the last cycle because the new books are better. The books were way more interesting even though they were longer. I like the idea of book clubs and being able to discuss what we read with other kids in class.”
-Bailey M.
Seely Library Ribbon Cutting a Great Success!
Thank you to all who attended the Seely Library Ribbon Cutting Event. We hope you enjoyed the presentations and learned about how your donations impact all students in Edgemont. A special thank you to our presenters: Superintendent Dr. Kenneth Hamilton, Seely Place Principal Eve Feuerstein, Greenville Assistant Principal Michelle Ring, Seely Place librarian Caroline Piazza, 7th grade math teacher Amanda Ruderman, and EHS Co-director of Phaedrus Cory Karpf.
To view the presentations please see below:
ESF Welcome Presentation: Click here
The Library Presentation: Click here
The 7th Grade Math PBL Presentation: Click here
Phaedrus Presentation: Click here
Frequently Asked Questions!
You’ve asked, and we’ve answered!
Q: I already joined the PTA and/or PTSA, or donated to the Scholarship Fund. What are the differences between these and the Foundation?
A: The Foundation, PTA and PTSA are different organizations that exist to provide critical support for our school’s success. Each makes significant contributions; however, they are different in structure and focus. The Foundation was established solely to raise money and make grants to our school (grants come directly from the administrators or teachers). It was created to be a long-term entity and has focused on curriculum development and funding larger critical infrastructure needs. The Scholarship Council provides important need-based scholarships to Edgemont graduates attending college. We encourage you to support all Edgemont organizations and appreciate the differences.
Q: What is the Edgemont School Foundation?
A: Founded in 1993, the Edgemont School Foundation (Edgemont School Foundation) through its endowment, awards monetary grants that support and enhance the Edgemont School District’s curriculum, its students, and its teachers. The Edgemont School Foundation is a fully qualified IRS 501(c)(3) entity chartered in New York State as a Not-for-Profit charity. After several failed school budget referendums in the early 1990’s, many Edgemonters desired a vehicle that could create and finance new and alternative school programs and initiatives. With the encouragement of the Edgemont Board of Education, the Edgemont School Foundation was formed by a diverse group of concerned parents, school administrators, and alumni. The Edgemont School Foundation board meets monthly to review grant proposals, monitor existing programs, create new and exciting fundraising events, and manage its endowment.
Q: How Is Edgemont School Foundation Funded and Supported?
A: Financial support for the Edgemont School Foundation takes many forms: Contributions, Matching Corporate Gifts, Appreciated Stock, Bequests, Gifts in memory of loved ones, and Gifts to honor birthdays and other occasions. These grants enable our school district to rank among the top in New York State, and in the country. Without the money contributed by our generous neighbors and friends of Edgemont School Foundation, enhancements that have been granted could not have come to fruition.
Q: Why does Edgemont School Foundation maintain an endowment and not grant all of its funds to the school district?
A: Since the Edgemont School Foundation was created to be a long-term vehicle, the Foundation maintains an endowment which is approximately $1,000,000 and professionally managed. The interest and dividends earned on investments, along with annual donations, help ensure that the Foundation can continue to fund grants each year to the district. It would not be a prudent long-term strategy for the Foundation to drain its endowment given the likelihood that the district will face future budgetary pressures.
Q: Do most residents give a donation?
A: Many residents do contribute and have been faithful supporters of the Foundation. We are grateful for each and every gift. Our teachers and students are most fortunate to have this kind of support from the community. This past year, we receive donations from approximately 400 families. There may be many reasons why a school family would choose not to make a donation to the Foundation. One reason may be that people really don’t know what the Foundation does and how donations are used to give all of our children such important incremental resources. Every student in our school benefits from Foundation grants, whether their families are donors or not. Keeping Edgemont Schools among the top in the nation helps maintain real estate values – an added reason for residents without children in the schools to continue to support the foundation. We hope to increase the donor participation rate amongst our residents.
Q: Who decides how the money is spent?
A: We have a board which is comprised of all volunteer community members plus one school board representative and the superintendent. The community members represent a broad cross section of our overall community. As representatives for all our donors, our board takes their responsibility in considering all grants very seriously. We are focused on ensuring that the grants awarded are beneficial for a large number of students, are consistent with the goals of the school, and our mission. We have a rigorous procedure for evaluating and approving grants.
Q: How independent is your grant process from the goals of the administration if you have the Superintendent and a School Board member on your board?
A: An important reason the Edgemont School Foundation has been successful over the years is because we actively engage our administration and school board. By doing this, we have ensured consistency in prioritizing needs and working toward the common good of the school. This does not mean that the administration or school board dictates what we choose to fund. Instead, they provide meaningful input into our direction and level of support for the school as does each member of our board.
Q: How can I justify giving the school any more after years of tax increases?
A: Taxes are a concern for everyone in our community and they have gone up over time. A large part of our taxes go to the school and help to achieve the community’s goal of excellence for our students. However, there are costs that are outside of our district’s control such as pension requirements, state- mandated programs and certiorari awards that have increased dramatically over the years. While our taxes may be considered high – our property values remain relatively strong. The quality of our school has a direct impact on the strength of housing values.
As a community, we have very high standards for our school. However, we cannot achieve these standards through public school funding alone. Our teachers and administrators have innovative and exciting ideas to improve the educational experience of our students and they need a place to go for financial support. The Foundation fills this very important role.
Q: What has the Foundation funded? Would it matter if the Foundation did not exist?
A: Since inception, the Edgemont School Foundation has awarded the Edgemont School District an average of $100,000 per academic year, which has had a significant impact across our school district. Grants have included curriculum development in the following areas: technology, art, science, drama, foreign language and facility modernization. See attached list of prior grants and imagine the school district without these initiatives which enrich the education of our students.
Q: What is the Tax Identification Number (TIN) of the Edgemont School Foundation?
A: 13-3754763
Thank you to our 2021-22 Donors!
The Edgemont School Foundation would not be able to annually support the teachers, administrators, and students if it weren’t for these generous donors! Please continue to keep the Foundation in mind when you consider your charitable decisions. You may donate here!
