Approval of AAA Scholarship Foundation

STATE BOARD OF EDUCATION
Action Item January 14, 2015
SUBJECT: Approval of AAA Scholarship Foundation – Florida, LLC as Scholarship Funding
Organization for 2015-16
PROPOSED BOARD ACTION
Approve the renewal of AAA Scholarship Foundation – Florida, LLC as an eligible Scholarship
Funding Organization (SFO) for purposes of administering the Florida Tax Credit
scholarships (FTC) and Personal Learning Scholarship Account (PLSA) programs for 201516.
AUTHORITY FOR STATE BOARD ACTION
Section 1002.395(16), Florida Statutes
EXECUTIVE SUMMARY
In order to participate in the FTC or PLSA program, a charitable organization that seeks to
be a nonprofit scholarship-funding organization must submit an application for initial
approval or renewal to the Office of Independent Education and Parental Choice no later
than September 1 of each year before the school year for which the organization intends to
offer scholarships. In consultation with the Department of Revenue and the Chief Financial
Officer, the Office of Independent Education and Parental Choice shall review the application
and the Commissioner of Education shall recommend approval or disapproval of the
application to the State Board of Education. The State Board of Education shall approve or
deny the application.
Supporting Documentation Included: Application packet for AAA Scholarship
Foundation – Florida, LLC (under separate cover)
Facilitators/Presenters: Adam Miller, Executive Director, Office of Independent Education
and Parental choice; Kimberly Dyson, President, AAA Scholarship Foundation – Florida, LLC
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64

Download Report