Pasadena School Earns $15,000 Scholar Dollars Award

Published : Wednesday, April 10, 2019 | 4:42 AM

Don Bonito Fundamental School in Pasadena was selected as one of the winners in the third annual Scholar Dollars, a program that awards more than $300,000 to K-8 schools to pay for extracurricular and afterschool programs that are vital to a well-rounded education.

Funds from the program will allow many California schools to continue after-school enrichment programs, like music, art, theater, sports, and computer science, that are critical to student achievement but have been either canceled or reduced due to budget constraints.

Scholar Dollars, open to K-8 public and charter schools, is sponsored by ScholarShare 529, the official college savings plan of California. ScholarShare 529 is administered by the ScholarShare Investment Board, which is chaired by California State Treasurer Fiona Ma.

“Scholar Dollars funds after-school programs that engage, captivate, and inspire students and create college-going cultures on California school campuses – both in and outside the classroom,” Ma said in announcing the winners. “By participating, families are encouraged to pursue higher education and start saving for their future. I am pleased to help students get on a path towards college.”

Don Bonito Fundamental, located at 3700 Denair Street in Pasadena, will use its $15,000 award to buy projectors and cameras for the classroom, school officials said.

“As technology and learning merge, our goal is to provide these resources for both instruction and learning important life skills,” said Don Bonito principal Paula Chamberlain. “Scholar Dollars is helping to enrich and prepare our students with the foundation skills required for future success.”

Depending on school size, Scholar Dollars awards between $5,000 and $30,000 to California K-8 public and charter schools. This year’s awards also went to 19 other schools in California.

A total of 377 schools up and down the state participated in the program and mobilized their communities to vote. Over 285,000 total votes were cast for a chance to win one of the 20 available awards.

ScholarShare 529 also offers families a diverse set of tools to help pay for higher education, including a wide array of investment options, tax-deferred growth and withdrawals that are free from state and federal taxes when used for qualified higher education expenses.

To learn more about ScholarShare 529, Scholar Dollars and to see a full list of the winners, visit www.myscholardollars.com.

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