Flexibility Unlocked: Demystifying Schoolwide Fund Consolidation
April 24, 2026

As districts explore ways to expand student support and access new funding streams, many are considering the creation of a new 501(c)(3) nonprofit—or the revitalization of an existing or dormant one. This session provided practical, step-by-step guidance on how to do so effectively, responsibly, and in alignment with district and community priorities.
A Joint Webinar Series by Âܲ·AVÊÓÆµand the National Association of Education Foundations.
This webinar marked the first session in a new collaborative series between Âܲ·AVÊÓÆµand the National Association of Education Foundations (NAEF), designed to help school district leadership navigate and leverage opportunities created by the federal tax credit scholarship program enacted as part of OBBB.
Participants gained insight into:
- Best practices for forming a new 501(c)(3) organization or rebuilding an existing or inactive one
- Key legal, structural, and compliance considerations involved in establishing a nonprofit and registering for charitable solicitation
- Designing strong governance models, including boards, policies, and fiscal oversight
- Practical considerations for positioning a 501(c)(3) to participate in the federal tax credit scholarship program
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