California Academy Foundation Launches 'Santa Barbara Dream Home Raffle' to Support Public Education.

SANTA BARBARA, Calif. -- More Than $1.2 Million in Exciting Prizes and Cash to Be Given Away; Tickets Purchased before May 26 Qualify for Early Bird Drawings Worth $85,000

The California Academy Foundation, a California non-profit organization, today launched its "Santa Barbara Dream Home Raffle" that will give away more than $1.2 Million in cash and prizes to lucky winners in three separate drawings. Raffle tickets are $150 each, and are available for purchase by calling 1-800-615-0655 Monday through Friday, 9 am to 9 pm, and Saturday and Sunday from 9 am to 5 pm. Tickets may also be purchased via fax or postal mail by filling out an entry form available at www.santabarbarahomeraffle.org.

With a grand prize drawing on July 30, and two "Early Bird Drawings" on June 10 and July 15, entrants purchasing tickets by May 26 will have a chance at winning a million dollar home in Santa Barbara, a new Ford Mustang GT, a new Mini-Cooper and other exciting cash prizes. The California Academy Foundation provides support and funding for innovative "California Partnership Academy" programs in California public high-schools. Proceeds from the raffle will be used to support the Multimedia Arts & Design Academy at Santa Barbara High School, the Foundation's first initiative, and will also fund additional technology purchases for Santa Barbara High School.

"Purchasing a raffle ticket is a winning proposition -- not only could you walk away a winner, but public education wins too," said Michael Jaffe, executive vice president at the California Academy Foundation.

Great Odds! Enter and Win Multiple Times

With 260 prizes, and only 18,000 tickets being sold, each entry has a 1 in 70 chance of winning. Plus, with two early bird drawings, each entry received before the deadline is still eligible for subsequent drawings, and winners of the early bird drawings and final drawings (prizes 2-250) are re-entered for the Grand Prize Drawing for the million dollar home. A single ticket purchased by May 26 could be a lucky winner four times. Winners need not be present at any of the drawings to win. Details and deadlines for the drawings are as follows:

--To be eligible for Early Bird Drawing #1, tickets must be purchased by 5 pm, May 26, 2006. The drawing will be held at 2 pm on June 10, 2006 at the Multimedia Arts and Design Academy at Santa Barbara High School. First prize is a new Ford Mustang GT Premium Package valued at $32,000; 2nd prize is $10,000; 3rd prize is $5,000; 4th prize is $2,000; 5th prize is $1,000.

--To be eligible for Early Bird Drawing #2, tickets must be purchased by 5 pm, June 23, 2006. The drawing will be held at 2 pm on July 15, 2006 at the Multimedia Arts and Design Academy at Santa Barbara High School. First prize is a new Mini-Cooper valued at $27,000; 2nd prize is $5,000; 3rd-5th prizes are $1,000 each.

--To be eligible for the Final & Grand Prize Drawing, tickets must be purchased by 5 pm, July 21, 2006. The final drawing will be held at 2 pm on Sunday, July 30, 2006 on the front lawn of historic Santa Barbara High School. Grand prize is a Santa Barbara home valued at $1 million or $800,000 cash; 2nd prize is $25,000; 3rd prize is $10,000; 4th prize is 5,000; 5th prize is $2,000; 6th-10th prizes are $1,000/each; 11-15th prizes are $500/each; 16th-250th are $300/each.

California Academy Foundation's Santa Barbara Dream Home Raffle is open to California-residents, 18-years and older and is registered with the California Attorney General, #R4395. Official rules, entry forms, prize and drawing details and additional information about the Santa Barbara Dream Home Raffle may be obtained at www.santabarbarahomeraffle.org.

About the House

The Santa Barbara Dream House is a charming 2 bedroom, 1 bath cottage in the historic Upper East neighborhood of downtown Santa Barbara. Located above the street with wonderful vistas and privacy, it includes a living room with fireplace, dining room, hardwood floors throughout, a front porch, private garden and covered outdoor entertaining area. It is located on a beautiful tree-lined street, and is within walking distance to attractions such as the Alice Keck Memorial Gardens, historic Santa Barbara Mission and all the amenities and shopping downtown Santa Barbara has to offer.

California Partnership Academies -- Creating Brighter Futures for California Kids

California Partnership Academies are unique, innovative educational programs for public high school students in the 10th through 12th grades that combine solid academics, with a career focus. Operating as "schools within schools," Academies partner with local businesses to build bridges to industries relevant to a given academy's location, and provide courses in the technical areas relevant to real-world career opportunities.

About California Academy Foundation

California Academy Foundation is a California non-profit organization that provides funding and support for innovative "California Partnership Academy" programs at California public high-schools. Currently, the Foundation is supporting the Multimedia Arts & Design Academy at Santa Barbara High School (www.sbmultimedia.com). Further information about the California Academy Foundation and the programs it supports may be obtained at www.academyfoundation.com.