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Dear ICAG Friends & Families,
Since the opening in August of 2018, ICAG is continuing to broaden the horizons of our students to a diverse international community through its unique Dual Language immersion program in both English and Japanese, and we, ICAG PTO is committed to helping our school provide the highest quality of education to our children.
As a State Charter School, ICAG receives the funding from the state based on our student enrollment. Unfortunately, due to the COVID-19 pandemic, our enrollment number has dropped significantly, directly impacting the state funding the school receivesto pay for our student education. Moreover, the State of Georgia further reduced the per-child reimbursement for all schools by an additional 10% as a result of budget austerity measures, leading our school to a large budget shortfall.
In response to this projected budget shortfall, ICAG has launched the donation campaign to raise $100,000 to ensure the long-term financial visibility of the school and to avoid any deficit at the end of the school year. The school has already reduced all operating expenses to a bare minimum, and there is no more wiggle room to reduce programs as the school must fulfill State requirements (testing, data tracking and reporting) and our Charter Agreement (academic mission requirements).
This is the reason why we are reaching out for your help and support today. ICAG community must come together to maintain the current level of educational excellence without significantly reducing teachers and staff and/or combining some classes.
Please kindly help us secure the future and ongoing success of our school by doing the following 3 things:
1) Donate toward our fundraising goal of $100,000!
Regardless of size, your generous donation will make a huge difference in the education for our
2) Ask your Employer to make a tax-deductible donation to ICAG!
Just send the donation request letter to your employer on our behalf!
This will be a great opportunity for your employers to make 100% tax-deductible donations and
support our children’s education at the same time!
3) Spread the word about ICAG!
Remember, more new students means more funding for our school and the children!
We truly appreciate your generosity and support during this unprecedented time of challenges.
$100K Fundraiser Q&A
Q: Are the items in the 100K request what the school absolutely needs or what the school wishes?
A: Any requests from parents or ICAG will always be acknowledged as NEED-BASED items, which are required to 1) fulfill State requirements for testing, data tracking and reporting, and to 2) fulfill Charter Agreement academic mission requirements.
Q: What will be the impact on the students' education if we cannot meet the 100K goal?
A: The Board and our ICAG leadership are making every effort possible to both seek any and all relief funding and raise as much money toward our $100K goal as possible to avoid having to reduce faculty and staff and/or combine some classes, etc.
Q: Will the school be cutting any programs from the curriculum to cover this 100K shortfall?
A: We have already reduced some programs such as the Chinese program since we were unable to find a qualified Chinese instructor. The savings is only reflected in the staff reduction and has already been accounted for as not part of the request. We do not have further wiggle room to reduce programs due to State requirements and our Charter Agreement.
Q: Will the school be forced to close permanently if we cannot meet the 100K goal?
A: No. We can show a deficit now. However, as a state charter school, the Board is working to establish and maintain a 6-month cash reserve on hand. Currently, our cash reserve remains approximately 3.5-month worth of operating cash. We are hopeful that, with the money ICAG can raise (the 100K), our objective to continue to add to our reserves ("rainy day funds") will be met.