Categorized | Business, Sports

School District Extends Cash-Raising Sponsorship Deal

POTTSTOWN PA – Mishock Physical Therapy and Associates LLC, a physical rehabilitation medical practice with offices in Gilbertsville, Barto, and Skippack PA, again this year is paying $6,000 to the Pottsgrove School District for the privilege of having its name be seen by the public in and around school buildings.

The Falcons played basketball against Perkiomen Valley last season in what was then the newly named "Tri County Area Federal Credit Union Gymnasium" in Pottsgrove High School on Kauffman Road, Pottstown PA.

More sponsorship deals are expected, the Board of School Directors learned last week. A similar agreement is pending with a local affiliate of propane gas supplier Amerigas, according to Superintendent Dr. Bradley Landis, and there may be as many as three others to come, he added.

Board members unanimously and without comment voted Tuesday (Aug. 24, 2010) to extend Mishock’s sponsorship agreement for the 2010-2011 school year. For their money, practice owner Dr. John Mishock and other sponsors receive the district’s blessing to post banners and other forms of promotion at various events and sports venues.

Back in May 2009 the board initially accepted Mishock’s three-year sponsorship of two 5-foot by 40-foot windscreens on the tennis court fencing behind Pottsgrove High School, as well as another three-year agreement that put a 4-foot by 12-foot sign promoting HCR Manor Care on the bottom of the football stadium scoreboard. Their combined, three-year revenue amounts to $36,000.

In addition, Tri County Area Federal Credit Union – with offices on Medical Drive in Lower Pottsgrove (PA) Township – in December 2009 paid the district for the ability to name the Kauffman Road high school gymnasium for itself and to offer financial services from inside a high school branch office.

The district isn’t doing the selling for sponsorships. Instead, those chores are handled by Lancaster PA-based Market Street Sports Group, which earlier this month gained national recognition in finding “alternate streams of revenue” for Pottsgrove and nine other districts that are its clients.

Market Street was featured Aug. 6 in a story by MSNBC.com reporter Alex Johnson titled “Branded! Public schools court corporate sponsors.

“According to brochures it distributes to businesses in Central Pennsylvania, Market Street can negotiate ‘sponsorship opportunities’ for almost anything with a physical presence on campus — libraries, administration buildings, cafeterias, conference rooms, guidance offices, nurse’s offices, art rooms, photo labs, band rooms and chorus spaces,” Johnson wrote.

The company earns a commission of about 30 percent of revenue for its efforts, the story reported. At that rate, $10,800 of the $36,000 Pottsgrove receives over three years from Mishock and HCR Manor Care would be paid to Market Street.

One of Market Street’s first and most prominent clients thinks sponsorships have benefits beyond the money, though.

The superintendent of the Hempfield School District in Landisville PA, Brenda J. Becker, told reporter Johnson her district “really developed partnerships with the companies or entities that have become sponsors of us. We have found that these partners are doing a lot of great things for our kids — a lot more than simply the financial,” including creating scholarships and student awards and helping with general fund-raising.

Related (to the Pottsgrove Board of School Directors’ meeting of Aug. 24):

Sign up to get The Sanatoga Post delivered free daily by e-mail. Share this article.
See our galleries for photos that appear in The Post. Got news for us? E-mail The Post.
Find The Posts on Twitter, Facebook, Linked-In, Technorati, Flickr, YouTube, and RSS

Comments are closed.

From Our Sponsors

From Our Sponsors

RSS Business News

  • Buffett's Berkshire muscles into Thai reinsurance February 23, 2012
    HONG KONG/BANGKOK (Reuters) - Warren Buffett's Berkshire Hathaway is pushing into the Thai reinsurance market and selling cover for higher rates, taking advantage of the retreat of competitors such as France's CCR after they suffered losses from last year's floods. […]
  • HP profit plummets, CEO urges patience February 23, 2012
    SAN FRANCISCO (Reuters) - Hewlett-Packard Co's earnings fell nearly 44 percent and the world's No. 1 computer maker forecast a second-quarter profit below Wall Street estimates as it struggles with weak sales of PCs and printers. […]
  • U.S. wants more talks on Japan bid to join Pacific trade group February 23, 2012
    WASHINGTON (Reuters) - The United States said on Wednesday it was still considering whether to support Japan's bid to join talks on a trans-Pacific regional free trade agreement, three months after Tokyo announced interest in the negotiations. […]
  • Greece pores over bailout laws amid protests February 23, 2012
    ATHENS (Reuters) - Trade unionists, communists and pensioners angry at punishing spending cuts in Greece marched through central Athens on Wednesday as lawmakers set to work on legislation needed to secure payment of a second bailout for the debt-laden country. […]
  • G20 hopes for progress on EU debt crisis: Carstens February 22, 2012
    MEXICO CITY (Reuters) - Group of 20 policymakers are hoping for a signal this weekend that Europe will boost crisis funding, smoothing the way for a deal to increase International Monetary Fund resources, the head of Mexico's central bank said on Wednesday. […]
  • Home resales at 1-1/2 year-high, supply falls February 22, 2012
    WASHINGTON (Reuters) - Home resales rose to a 1-1/2-year high in January, pushing the supply of properties on the market to the lowest level in almost seven years in a hopeful sign for the housing sector. […]
  • Fitch downgrades Greece on debt swap plan February 22, 2012
    ATHENS (Reuters) - Fitch cut Greece's long-term ratings on Wednesday to its lowest rating above a default, becoming the first ratings agency to make the widely expected downgrade after the country announced a bond exchange plan to ease its massive debt burden. […]
  • Burned before, Fed officials cautious on rebound February 22, 2012
    WASHINGTON (Reuters) - U.S. central bank officials have good reason to be skeptical about the strength of the economy: excessive optimism has caught them flat-footed before. […]
  • Banks sink on European economic worry February 22, 2012
    NEW YORK (Reuters) - Banks led stocks lower on Wednesday as the S&P 500 stalled near a 10-month-high after signs of weak European business activity rekindled concerns about a recession overseas. […]
  • Exclusive: Palo Alto Networks, other tech firms tee up IPOs February 22, 2012
    NEW YORK (Reuters) - A series of technology companies, including security software maker Palo Alto Networks, are preparing to go public on the heels of Facebook's $5-billion filing, sensing a window of opportunity as the stock market rallies. […]