Also in this playlist...
This transcript is automatically generated
You know we've been -- and so much lately about what's happening in our school system.
Funding is being cut left and right so maybe it's time that schools think it upon themselves to raise their own money.
These two boys with a strike now founder CEO of the -- stores and here to talk hasn't talked is about fundraising -- -- -- that's.
Tracy thanks for having me so tell us first a little bit about your -- this notion that you created kind of like it's doing yourself fundraising isn't it.
IA it personally was very tired of wrapping Paper fundraisers -- -- fundraisers and buyers chocolate bars that you don't really need.
So we created a site called school black dot com.
That is essentially Groupon but with -- school fund -- twist.
OK so how does that work because I wanna say nicer plane around and so.
You can -- local merchants right.
Absolutely the idea is that nobody knows -- local merchants better than PTAs and local PT -- and moms and parents and schools himself so.
They go out to bit to the merchants they.
Sign up for a they -- -- up for a local offer we did one last week in Dallas -- 67%.
Baked goods it society bakery.
I mean we run the offer on our site they upload their emails they send them out to parents with a great to offer for parents.
Great opportunity for the -- getting some terrific local advertising perhaps most important thing of all it's a really wonderful way for schools to raise some of those much needed funds.
Sprayed silly got a good really the local pizza place that on the kids go to -- and I would act you know we we talked amendments say hey you know I don't know it.
Can you donate whatever 5%.
Events a lot 2% of every order.
If the kids from our school comment.
That's right I'm at it it actually the amount that merchants and -- donating have been typically between fifteen to 50%.
Yeah it's stunning.
And -- -- the offer runs -- typical group -- platforms do you know about.
About five days and parents -- any time within those five days -- -- Purchase those.
It -- -- -- -- the offering his letter to pizza parlor a big -- spot service whatever it might be.
And then the school gets two weeks later a check for anywhere from fifteen to 50% of the proceeds -- -- -- the merchant decides that they would like to donate.
-- -- school right school dot com that's right school today dot com OK and what savvy source then.
So savvy source is the parent company we our aid by a resource for urban parents looking for wonderful things to do with their Katz.
My cash interest has always been an education -- -- more focused on.
Early childhood education in school -- dot com.
While it also helps raise money for -- -- is perfect for elementary middle and high schools.
I think what people -- don't realize is how much funding is being cut to our kids.
This from you know 37 states providing less funding to their local school districts than they did last year.
Thirty states provide less than they did four years ago this really -- to me.
South Carolina Arizona California -- all reduced funding in K -- twelve by more than 20% -- per kid.
That's I have got a lot of money and it's got to be made up somewhere are otherwise services are cut and good things are -- greatly music in GM and all the some.
For the kids love.
That's exactly right and you -- with the Dow going down there's you know apparently know until it and it's something that I think schools are going to be facing at least for the next couple of years so yeah I think a lot of what we need to do as parents people care about our schools.
Is is find a way to help help them -- -- if you look at these -- -- platforms and the sort of of revenue they've been able to generate just think about what we can possibly do for schools that way it's quite exciting.
Yeah that yet -- -- -- don't realize you know my if my kids' school had a I had C.
Had a math program for accelerated math kids in it was cut this year and I was really surprised at how disappointed the kids -- You would have thought that they could care less you know with the kids are really affected by this at the end of the day.
Right so how do people sign up for this they just go to school -- dot com.
That's rights of the neatest thing.
About this is it's all a self service platforms so literally anybody watching today anybody that has a child -- -- -- that cares.
All they need to do is go to school -- dot com and they can literally start creating their -- -- on the fly.
We had a and a mom in Dallas who heard about it you know week and a half ago within three days she had six vendors signed up but it -- thousands upon thousands of dollars for preschool so it.
Incredibly simple again a 100% self serve rescues at school -- dot com and start your primary to -- school.
Filter by section