SchoolForce » The Dave Karlin SchoolForce Endowment Fund
The Dave Karlin SchoolForce Endowment Fund

Updated June 12, 2018

Announcing the Dave Karlin SchoolForce Endowment Fund

Providing Stable Long-term Funding for Our Local Schools

SchoolForce is proud to introduce The Dave Karlin SchoolForce Endowment Fund, the new official name for SchoolForce’s board-designated endowment fund, effective June 12, 2018.

The Dave Karlin SchoolForce Endowment Fund is SchoolForce’s sole quasi-endowment, created to provide a lasting legacy for future Belmont-Redwood Shores students. Named after SchoolForce founder and inaugural Board President Dave Karlin, the Fund is designed to provide an enduring and self-sustaining source of revenue for our excellent BRSSD schools.

The Fund’s balance as of Q1 2018 stands at approximately $618,000, thanks to seed funding from the Karlin family and countless other generous individuals & organizations, and via ongoing fund donations and investment growth.

Significantly, Crystal Springs Uplands School has generously agreed to donate a total of $1.2 million to the Fund via annual $50,000 contributions during the period 2018 to 2021, culminating with a final $1 million contribution in January 2022.

This quasi-endowment fund’s Investment Committee assists the SchoolForce Board in fulfilling its fiduciary responsibilities for prudent investment of the funds, as directed by its Board-approved Investment Policies, in support of the ultimate goal of distributing approximately 4% of the fund’s portfolio annually to assist in various funding needs of the Belmont-Redwood Shores School District.

Current Endowment Committee members are:
Kimberly Dunne
Tim Hoffman
Lisa Lessard

Please consider making a tax-deductible donation via a one-time donation, planned giving in your estate plan, or tribute donations in the form of cash and/or stock. Your support for enduring funding to continue the legacy of excellent education for the Belmont Redwood-Shores School District is appreciated.

To learn more about donating to the Endowment, or for more information, please email endowment@schoolforce.org.