This qualitative study attempted to explore a model for the Maurice River Education Foundation to acquire real estate owned properties in order to generate revenue by implementing a housing acquisition strategy to close public school funding gaps. There was no significant research conducted on the housing acquisition strategy in relation to public schools; however, there was existing research on foreclosed properties and their impact on communities. The researcher of this dissertation interviewed officials from a Mid-Atlantic University. All the data was transcribed and coded to develop themes and theme-related components in order to make assertions about the data. The qualitative findings revealed the following themes: (1) acquisitions; (2) relationships; (3) planning; and (4) risk. The research indicated nonprofit organizations at the university, private, and public K-12 school districts levels are using real estate acquisitions as a method of funding and methods of reducing costs for faculty. This study provides information useful to public schools and other non-profit organizations considering a housing acquisition strategy as a mechanism to generate revenue in an attempt to close funding gaps.
|School Location:||United States -- New Jersey|
|Source:||DAI-A 81/10(E), Dissertation Abstracts International|
|Subjects:||Education, Education finance, Educational administration|
|Keywords:||Acquisition, Funding, Planning, Relationships, Revenue|
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