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BUCKEYE CENTRAL SCHOOLS, BUCYRUS CITY SCHOOLS, COLONEL CRAWFORD SCHOOLS, CRESTLINE CITY SCHOOLS & WYNFORD SCHOOLS
The Bucyrus Area Community Foundation wishes to provide a long term, stable source of funding for the area schools. These funds are not intended to substitute the normal, tax based, operating funds, but rather to promote non-required school programs. These programs could be athletics, fine and performing arts, academics and other extracurricular activities as determined by the individual school systems. The possibilities are only limited by the imagination and ideas of the teachers, students and administration of each school committee.
Where does the money come from?
Contributions to the Endowment Fund will never be spent. Only the income generated by donations will be available for spending. This will result in the Endowment growing year after year as contributions accumulate.
GOVERNANCE:
A DESIGNATED FUND for each school has been established under the governance of the Bucyrus Area Community Foundation and is thereby subject to the Foundation Governing Rules. Each school system has their own, autonomous, Endowment Committee with their own Codes of Regulations. These committees will help in fund raising and make the award allocations yearly based on the income received. You may contact the individual school committee or the BACF office for more information.
Ways of giving!
Contributions to a specific School Endowment may be made in many ways, the most common of which is an outright gift. Many individuals, due to their particular circumstances, choose to make donations in other ways:
- Memorial gifts: cash or assets in memory of a loved one, friend or educator. A NAMED FUND can even be established to honor a person or his life's passions.
- Deferred gifts: bequests, gift annuities, life insurance, charitable remainder trusts or other such means of gifting.
- Incremental gifts: gifts made in planned stages over a specific period of time.
Any of these gifts may be made with cash, stocks, IRA contributions or bequests. |