APPLETON EDUCATION FOUNDATION, inc.
ENHANCING EDUCATIONAL EXCELLENCE SINCE 1997
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Named Funds
The Appleton Education Foundation manages a collection of endowment and
temporary funds, created and sustained by contributions from hundreds of
community members and area businesses.
An endowment is money that is invested for long-term growth and income,
from which earnings are applied to support general or specific programs. Rarely
is the principal dollar amount ever touched, ensuring the permanence of the
fund.
Endowment funds begin generating grants when they reach $10,000; however, a
Future Fund can be started with $1,000 and the intention to build to $10,000
over time.
Temporary funds are spent on specific, short-term projects or programs,
rather than preserved in an endowment.
Temporary funds start with a minimum of $1,000 and distribute assets until the
fund balance is depleted.
(use West or East or Healthy Kids temp funds as examples)
How do I start a fund?
Contact the Appleton Education Foundation office at 920.832.1517 or email
jkrause@cffoxvalley.org to schedule
a meeting with the Executive Director to discuss your goals for promoting a
particular area of educational interest and how a fund can help you accomplish
them. You name the fund and the AEF helps design a plan to meet your needs and
objectives.
Hazel
"Coy" Pope taught first grade at Franklin Elementary School from 1950-1977.
When she died in 2001 at age 89, she left nearly $100,000 in her estate to
benefit education for students at the school she loved.
Her generous bequest was used to establish the Hazel Pope- Franklin School Fund, a designated endowment fund within the Appleton Education Foundation that now provides annual grants to enhance student activities and instruction for Franklin students. To date, grants have been used to purchase science lab furniture, playground equipment and books for the Guided Reading program.
We thank Hazel for leaving a legacy through the Appleton Education Foundation that will benefit Franklin Elementary School for generations to come.
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