K-12 Prevention Fund
How can the stakeholder group-funders be confident that the monies they invest will be used effectively, and generate such high ROI? Through a statewide public-private “K-12 Prevention Fund”.
This is a dedicated, independent statewide fund, separate from the legislature’s General Fund. It is financed with a small percentage of health spending–with shared governance, high transparency & accountability, and aggressive health-improvement & cost-saving goals-using mutually-agreed, proven, evidence-based strategies.
The K-12 Prevention Fund’s goal is for all organizations, which pay a substantial portion of their budget for health costs, to start allocating a certain percentage of their health spending to effective prevention—a Prevent%—starting in K-12 schools.
This is true social impact investing, with funders only paying for results–unlike typical public funding, or community-relations or charitable-giving by health organizations and employers.
This structure creates a much higher comfort level among private & public funders.
We achieve this via an independent intermediary, with shared cross-sector governance oversight. So legislatures, health organizations & employers, as well as foundations & other funders, do not need to get involved directly with schools. But they can hold the K-12 Prevention Fund accountable for improving health—including only continuing to invest monies in the Fund based on its objectively measured performance in improving health and lowering medical costs.