The Endowment Fund for Norwalk City Schools
Norwalk's Investment in Educational Excellence
The Endowment Fund for Norwalk City Schools is a community-based organization designed to provide a stable source of funding for non-required school programs. Its purpose is to fund programming in areas such as music, art, drama, and other extracurricular activities. The Endowment’s funds are not used for basic school programs. Contributions to The Endowment Fund will be professionally invested and remain untouched. A percentage of the income will be designated each year for student scholarships, faculty grants, and the Ernsthausen Performing Arts Center. The number of scholarships awarded and faculty grants continues to increase.
FUND DISTRIBUTION CATEGORIES
Donations, which are tax-deductible, may be made to any of these categories:
- Academic Grants
- Ernsthausen Performing Arts Center
(Gifts made with no designation will be allocated to the "Unrestricted" category.)
A Board of Trustees has been established to manage The Endowment Fund. The nine-member board includes alumni, community leaders, and representatives from the district. The Trustees work with the Superintendent and the Board of Education to fulfill the objectives of The Endowment Fund.
The Endowment Fund for Norwalk City Schools is strictly governed by the laws of the State of Ohio. All funds paid out are subject to audit and must conform to strict requirements. This assures the integrity of The Endowment Fund. The Fund has been established as a part of the Fund for Huron County.
There are a number of area community minded businesses and individuals who will match contributions. Donors should check with their employers to see if contributions can be matched.
Contributions are accepted from individuals, corporations, private foundations, civic, and social groups. Donations are accepted from anyone with a desire to participate in the development of a long-term fund to be used to enhance the education of the students in the Norwalk City Schools.
The most common contributions are:
Outright Gifts - cash or other assets such as securities, real estate, or other real property
Memorial Gifts - cash or assets or property given in memory of a friend, relative, or educator now deceased
Honoraria - cash or assets in honor of a friend, relative, educator, or institution
Deferred Gifts - gift annuities, life insurance, bequests, or charitable remainder trusts
Incremental Gifts - gifts made in planned stages over a period of time
Marcia Barlow, Treasurer, The Endowment Fund, 419-668-1311 or email@example.com
Dennis J. Doughty, Supt., Norwalk City Schools, 419-668-2779 or firstname.lastname@example.org