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North Bay Business Journal

Monday, October 15, 2012, 6:00 am

Business Education: Donations hit record for Petaluma Educational Foundation

Also: COM opens vet center; SRJC board endorses Prop. 30

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    The Petaluma Educational Foundation announced that it received a record volume of donations as part of its 30th anniversary celebration in September, collecting over $400,000 to support the foundation and its 2012-’13 grant program.

    The donations, collected directly or as part of several auctions, exceeded last year’s volume by $80,000 and the all-time record of $395,000 in 2007. After expenses related to the annual event, the foundation was left with a net value of $310,0000.

    The PEF Grant Program has donated more than $2 million to Petaluma schools since its inception. The program granted $206,000 last year, and planners hope to donate $225,000 this year through its enrichment and major impact grants.

    Information about the grant application process is available at www.pefinfo.com.

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    The College of Marin hosted a ribbon cutting ceremony to celebrate the opening of its new student veterans center last week, an offering intended to connect veterans with services and provide a common space for former service members.

    The center, on the Kentfield campus, was funded in part by a $5,000 grant from the College of Marin Associated Students, a $1,200 grant from the College of Marin Foundation and in-kind donations of renovation services by the College of Marin. The center is furnished with desks, computers, a printer and other amenities.

    The college currently has approximately 100 student veterans, and expects that number to grow with the downsizing of the armed forces.

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    The Santa Rosa Junior College Board of Trustees passed a unanimous resolution declaring its support for California’s Proposition 30, recounting in an announcement how years of budget reductions have impacted the college and that the tax measure would help restore student programs.

    Impacts have included a nearly 25 percent reduction in class sections over the past three years, and employees at Santa Rosa Junior College have agreed to wage reductions over the past two years. For California community colleges as a whole, as many as 130,000 students have been denied admission annually during the same period.

    Proposition 30 would increase the current state sales tax by a quarter of a cent for four years, as well as the taxes for high income earners. It will generate an expected $548.5 million annually for public schools.

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    Submit items for this column to eric.gneckow@busjrnl.com or call 707-521-4259.

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