School Foundations Overview
The Grenora Public School Foundation used some of its funds to construct teacher housing, which was in short supply in western North Dakota as a result of the oil boom.
School foundations can provide additional resources to cash-strapped school districts. The additional funding fills in the gaps, providing everything from supplies to playground equipment to musical instruments to teacher housing. Whatever the kids need, the school foundation can help supply. Local committees fundraise for their school foundation and determine the best use of the funds. Donors get a tax deduction for their gift and, in some cases, also receive a state tax credit.
Here is an interview with NDCF President & CEO Kevin J. Dvorak and the Rural Schools Collaborative that explores how NDCF supports our rural ND schools.
NDCF manages and supports several school foundations across the state. Some of these are permanent endowment funds for their school and some are non-endowment funds for more immediate projects.
To start a school foundation fund for your own school district, contact NDCF at 701-222-8349.
