New ‘Shop Local’ Approach Takes a Swipe at Underfunded Schools

GenerateForSchools taps credit card transactions at local businesses to provide a fully-automated, reliable revenue stream for schools

NEWBURYPORT, Mass.--(BUSINESS WIRE)--GenerateForSchools, the leading provider of unrestricted recurring revenue to education foundations, today announced its national launch, allowing school districts across the United States to raise money every time a customer uses a credit card at a local participating business. GenerateForSchools’ automated process provides a steady funding stream to schools that is more reliable than traditional fundraising.

“GenerateForSchools is a brilliant way to provide our district with a sustainable, long-term solution to help us achieve our revenue goals. Moreover, it provides our local businesses an opportunity to develop an affinity for our school system and its neighborhood schools.”

Local businesses that partner with GenerateForSchools enjoy lower credit card processing fees thanks to access to GenerateForSchools’ network of merchant service providers. A percentage of every credit card transaction is donated to a school foundation that the business chooses, providing a steady revenue source while allowing businesses to strengthen their local community.

"Every year, the Newburyport Public Schools face a critical funding shortage that hampers the district's effort to provide for our students needed services and viable programs,” said Marc Kerble, superintendent of the Newburyport (Mass.) Public School District. “GenerateForSchools is a brilliant way to provide our district with a sustainable, long-term solution to help us achieve our revenue goals. Moreover, it provides our local businesses an opportunity to develop an affinity for our school system and its neighborhood schools."

“Whether it’s funding for music programs or text books, our schools and students are suffering because they do not have access to unrestricted funds. GenerateForSchools is poised to change that,” said John Malone, CEO and founder of GenerateForSchools. “We have 27 foundations on board and over 110 more starting in the next six weeks. We’re excited but not surprised that the concept is resonating with both schools and local businesses that want to support their communities and we will continue to improve our service by building on our existing infrastructure.”

Schools and fundraising groups that are interested in learning more about GenerateForSchools can contact [e-mail] or [phone] x822. To see video showing how GenerateForSchools works visit our website http://www.generateforschools.com/ or see recent news coverage at http://boston.cbslocal.com/2012/09/17/newburyport-uses-secret-weapon-to-raise-money-for-schools/

About GenerateForSchools

GenerateForSchools was founded with the unique vision of generating a recurring revenue stream for the 84% of underfunded public schools in the United States. As a privately held company, GenerateForSchools can compete on a sales, marketing and operational level that is required to execute such a massive yet important goal. GenerateForSchools is the premier automatic fundraising partner for the National School Foundation Association (NSFA).