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> Endowment Fund

THE MIDVIEW ENDOWMENT FUND
Educational excellence through community involvement.

Brochure

WHAT IS AN ENDOWMENT?

Webster’s Dictionary defines endowment as “funds or property donated to an institution, individual, or group to produce income.” However, for the students of the Midview School District, endowment means so much more.

At left, Students are honored through

Academic "M", a MEF funded program.

Please click here for more information

about this program, funded through donations

made to the Midview Endowment Fund.

An Endowment Fund is a partnership between donors and their favorite charity and/or institution – a partnership based on the idea of mutual support. By supporting the Midview Endowment Fund, you participate in providing enrichment activities for Midview students. And by using the income generated, the Midview Endowment Fund fulfills its mission by improving the quality of education among the youth of the Midview District.

The Midview Endowment Fund is a single pool of resources set up to receive financial gifts. The principal of the Fund remains intact and earns interest. That interest is used by the Midview Endowment Fund to meet its mission and goals. Since the principal remains from year to year, and grows as people contribute to the Fund, the Midview Endowment Fund has a secure financial base from which to realize its vision.

PURPOSE

The Midview Endowment Fund is a community-based trust for the receipt and distribution of charitable funds which are given by individuals, families, small groups, organizations and businesses. The Fund is designed to develop and provide a permanent source of supplemental funding for improving the quality of education among Midview’s youth.

The fund provides a means through which community resources can be allocated for worthwhile educational programs. The Fund will offer enrichment activities beyond the basic program provided by the school.

Above, a student in Mrs. Fitzgerald-Koehler's class shows off their

prized possession, a saltwater underwater ecosystem. The students

are proud to share their knowledge of each animal's "job" in the

ecosystem, along with their personalities. This year, the

students were witness to the hatching of a baby shark in the

tank! Click here to learn more about this program, funded only

through donations made tothe Midview Endowment Fund.

Contributions to the Fund will be professionally invested by the Community Foundation of Greater Lorain County, and only the income will be available for disbursement. This will result in a growing endowment as contributions accumulate year after year. All contributions are tax deductible.

CONTRIBUTION CATEGORIES

Donations may be made to any one or more of the following categories:

General—General enrichment programs and activities.
Academics—Student academic programs and activities.
Performing and Fine Arts—Student performing and fine arts programs and activities.

MANAGEMENT

The Midview Endowment Fund is funded by those concerned about educational opportunities for our youth. Locally an independent Board of Trustees, consisting of at least eleven, but not more than fifteen persons, govern the Fund. The Trustees include Midview alumni, community leaders and representatives and friends of the schools.

All donations to the Fund are deposited through the Community Foundation of Greater Lorain County and held separately for the exclusive benefit of Midview residents. The Fund is subject to the Governing Rules of the Community Foundation. Midview joins other local nonprofit organizations and endowment funds to ensure that the generous gifts of Midview’s supporters are retained in perpetuity.

The Community Foundation must conform to federal guidelines and audit requirements in the management of the Midview Endowment Fund. This assures the integrity of both the Community Foundation as well as the Midview Endowment Fund. The pooling of resources through the Community Foundation permits broader, more diverse investment opportunities, thus benefiting the Midview Endowment Fund with a potentially greater return.

IMPACT

In the early stages of growth, small grants can make a big difference to our youth. Since only the income generated from investments is available for distribution, each year the impact increases as the Fund grows.

At left, an inhabitant of the UnderSea Ecosystem Habitat displays

its vibrant colors and curiosity for its visitors in the classroom.

To learn more about the Midview Endowment Fund, please click on one of the links below:

Programs funded in 2007-2008

Make a Donation

Meet the MEF Board of Trustees

Midview Endowment Fund Bylaws

For more information about the Midview Endowment Fund, or to make a donation, please contact us at 440-926-7605 or via E-mail at EndowmentFund@MidviewK12.org