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Home News Local News

Glendale Education Foundation Approves Donation Policy

by Gant Team
Wednesday, October 4, 2017
in Local News
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COALPORT – At the Sept. 25 meeting of the Glendale Education Foundation, the board of directors unanimously approved the donation policy that delineates acceptable requests for funding from teachers and students, as well as foundation-created “awards” given for outstanding student attendance. 

Tabled at the April meeting, the policy was co-written between the policy subcommittee and executive director, Richard W. Snyder II, who attempted to think of every possible scenario of acceptable requests for foundation funding.

The board received both a detailed treasurer’s report from foundation treasurer Michelle Sawyer, as well as a computer-generated fiscal report that enumerated all the income and expenses for the year that ended June 30, 2017. 

In addition, Snyder pointed out the dollar amounts of interest earned from the “Gilligan endowment” funds held in the account with the Stifel-Nicolaus brokerage firm, as well as the bank savings accounts.

He cited that the Amazon.com Smile account monies received has topped $100 total, illustrating that many individuals and companies have chosen the G.E.F. to receive these “Smile Program” donations earned every time one places an online order using the amazon.com Web site.

Sawyer made the motion to approve giving the winner of the elementary school “Principal’s Award Winner” a check for $100 (up from $50), given to the sixth grade student with the highest grade point average for all elementary years.

In other news, the board members:

  • learned that they will now be taking over the “Zane Irvin Valedictorian Scholarship Award” transferred from the school district.
  • tabled approving a special funding request from the high school Aevidum Club advisor for a K-12 anti-bullying presentation until October’s meeting.
  • learned the Glendale Education Foundation Golf Tournament earned a net profit of more than $11,000.
  • saw the latest numbers of the successful Glendale Backpack Program, which will involve a current total of 20 students in both schools.
  • was impressed by the generosity of Glendale staff members who have signed up to donate through payroll deduction, or have increased their donation this year.
  • will hear of ideas from a planned meeting of the fundraising committee before next month’s meeting

The next meeting of the Glendale Education Foundation board of directors will be held Oct. 30, at 6 p.m. at “Josie’s Family Restaurant” in Coalport.

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Tags: donation policyGlendale Education Foundation

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