The details
According to district documents, the total sponsorship of $1 million will be paid to the district in $200,000 installments over a five year period. Specific sponsorship details include:
- The term of the agreement is Feb. 1, 2025 - Jan. 31, 2030
- BSW will supply program support elements
- GCISD will provide sponsorship benefits
- Educational materials on healthcare services offered at Baylor Grapevine
- Guest speakers on preventative healthcare and other healthcare topics
- Educate GCISD students about career opportunities in healthcare
- “Live Well” logos on the field
- BSW pop-up banners in the press box and near home and visitor concession areas
- Two announcements during and one 30-second video before varsity football games
- Information tables at various athletic and fine arts events
“This agreement is the first of its kind for GCISD,” Superintendent Brad Schnautz said. “[Baylor Scott & White Medical Center - Grapevine] has been partners with us for a number of years and we’re excited to strengthen this partnership.”
“It made absolute sense for two stalwarts of the community partnering,” said Naman Mahajan, President of Baylor Scott & White Medical Center - Grapevine. “Our vision for Baylor Scott & White Medical Center - Grapevine is empowering [people] to live well. Our commitment is to be much more involved with the community to educate the community of the services we can provide here. There should be no reason that our community has to leave to go to downtown Dallas or downtown Fort Worth to receive world class care.”
Zooming in
School districts across the state are looking for more ways to generate funding in light of the current funding crisis. State legislators have not raised the per-student funding allotment since 2019, which has remained at $6,160. During that same time frame, inflation has risen more than 22%.
Neighboring Carroll ISD entered into a similar sponsorship contract for Dragon Stadium with Methodist Southlake Medical Center last year. According to previous Community Impact reporting, that agreement is also for five-years and will generate just under $500,000 for the district.
A voter approved tax rate election was recently passed in November that ratified a $0.03 increase to GCISD’s maintenance and operations tax rate, thus generating $6 million for the district’s daily operations. Had the VATRE failed, the district’s general fund would have faced a $5.3 million shortfall in FY 2024-25.