(a) Establishment of Fund. The Kindergarten to College Fund is established as a category eight fund to receive all private grants, gifts, and bequests of money and property which may be offered to the City and County of San Francisco to support the Kindergarten to College Program.
(b) Use of the Fund. The Kindergarten to College Program provides college savings accounts for kindergarten students in participating schools. The fund is to be used exclusively to support the Kindergarten to College Program, including but not limited to, student incentives, scholarships, and program operations.
(c) Administration of Fund. The Office of the Treasurer and Tax Collector shall administer the fund.
