HOW IT WORKS & FAQ
More About What We Do
HOW IT WORKS
1. Donors give to the foundation. These funds are known as "the principle."
2. Foundation funds are invested in the stock and bond market.
3. Each year, the Foundation pays out 5.5% from these investments. These are given to student groups throughout La Grande School District such as sports teams, activities and clubs, teacher projects, student scholarships, etc.
4. Any additional gains from the stock market are reinvested in order to continue growing the principle.
5. In this fashion, funds donated to the foundation continue to impact student lives year after year.
WHO DOES THE LA GRANDE EDUCATION FOUNDATION SERVE?
All students in La Grande School District. Some donations are designated to support specific teams or activities while others can be accessed by anyone in the district.
IF I MAKE A DONATION, CAN I DECIDE WHAT MY MONEY IS USED FOR?
Yes! Donations can be given to the general fund which grants funds to anyone in the school district. Additionally, donations can be given to a specific team or activity.
IS MY DONATION TAX DEDUCTIBLE?
Yes! The La Grande Education Foundation is registered with the IRS as a 501(c)3 nonprofit organization and all donations are tax deductible.