Development Funds are the Parents’ Shoulder in Education

For two years without interruption the project “Development Fund of Educational Institution” has functioned within the framework of the program “Modern Education” in Ihor Palytsia’s Foundation “Tilky Razom”. Its purpose is to reduce the financial load upon parents and to promote the effective use of parental funds to improve the educational process in educational institutions.

Now there are 23 development funds in Lutsk: 11 in kindergartens and 12 in city schools. Increasingly, initiative parents are interested in creating such funds at their educational institutions, as this allows establishing joint and transparent interaction between them and the management of the institution.

Development funds are the way of raising funds for the needs of educational institutions and keeping within the norms of legislation. In particular, as to Inna Tkachuk, a representative of Ihor Palytsia’s Foundation “Tilky Razom”, the total amount of additional funds attracted by the development funds is 1 million 74 thousand UAH. Of these, 400 thousand UAH was provided by Ihor Palytsia’s Foundation “Tilky Razom”.

The benefits of creating development funds are:

– the use of funds for the benefit of children;

– search of new ways and methods to attract sponsorship to educational institutions;

– improving conditions of children stay in an educational institution and finding new opportunities for their development.

– organizing extracurricular activities, leisure and recreation for children.

Development funds are a step forward in the development of children and the educational system as a whole. It is a reliable parent’s shoulder in education.

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