|
Pope County Tribune - Starbuck Times
|
|
Written by Zach Anderson - Starbuck Times New Editor
|
|
Thursday, 02 February 2012 08:36 |
Glacial Hills Elementary School Establishes Endowment
Awards season isn't only in Hollywood right now. Here in west central Minnesota, West Central Initiative (WCI) is awarding a share of $75,000 to the Glacial Hills Elementary School Foundation for successfully meeting WCI's 25th Anniversary Endowment Challenge.
In the spring of 2011, WCI launched the challenge to encourage its component funds (funds set up by and for communities and organizations, and administered by WCI) to create or increase a permanent endowment fund by raising at least $10,000 by Dec. 31, 2011.
The Glacial Hills Elementary School Foundation is one of 15 component funds to successfully meet the challenge. The fund will receive $5,000 from WCI for its endowment.
"Even though we don't have a trophy to hand out, we still want to recognize the outstanding performance of the Glacial Hills Elementary School Foundation's advisory committee," said Kim Embretson, WCI's vice president of development. "Because of their efforts, donations made to the foundation's permanent endowment fund stay invested to keep producing income for grants year after year for the Glacial Hills."
"We are very happy with the response of the community and appreciate those who have given toward the foundation at this time. We will continue to work hard to increase awareness of the foundation in 2012," said Nancy Rapp, Glacial Hills' office manager, and a member of the fund advisory committee.
The Glacial Hills Elementary School Foundation supports the vision and mission of Glacial Hills Elementary School and furthers the education of the school's graduates through scholarships. Learn more about the school atwww.glacialhills.org.
WCI is a regional community foundation that serves nine counties and 82 communities in west central Minnesota in the areas of community development, economic development and philanthropy. It administers more than 70 component funds to help communities, organizations, agencies, families and businesses meet charitable needs. To learn more about component funds, visit www.wcif.org/page/Component_Funds. |