The school support association enables around 40 to 50 funding projects annually to enhance student learning at Grundschule am Falkplatz. Supported initiatives include equipping the school library, funding author readings, providing musical instruments, supporting film and pottery workshops, and co-financing environmental projects.

The association organizes biannual flea markets on the school yard during spring and autumn. These community events feature private sales stalls for children's books, toys, and clothing, alongside food and beverage stands, fostering community engagement while raising funds for school activities and projects.