Castle Hills School Foundation
Realizing the importance of quality schools and their impact on the community, Bright entities established the Castle Hills Schools Foundation to enhance the future for the children of Castle Hills. This unique, nonprofit organization generates approximately $1 million annually in perpetuity and is funded by the transfer of all residential and commercial real estate within the Castle Hills development. By collecting a fee of 1/2 of one percent of the sales price on all property, The Schools Foundation has distributed more than $19 million to non-profit schools and college reimbursements since its inception in 1999.
Castle Hills homeowners serve on the Foundation Advisory Boards and make recommendations on how local schools use the additional classroom and educational funds. The organization is also dedicated to higher education, reimbursing eligible Castle Hills college students $1-2,000 annually, with a lifetime maximum of $10,000.
The Schools Foundation is structured to assure that families living in Castle Hills will continue to receive innovative, generously funded educational support for their children for many years to come.
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