“It takes a noble person to plant a seed for a tree that will one day provide shade to those he may never meet” – Unknown Author
In 2017 the Paxton-Buckley-Loda Education Foundation realized a 20-year goal when they created an Endowment Fund. The intent is to preserve the principle and use the investment income to distribute to the District to continually enhance technology.
The Endowment Fund started off with a bang heard throughout the district when an anonymous donor made a $250,000 donation. Once that donation was made, other donations started to be made as donors knew they would not have to wait for their own gifts to make a difference. This is because $250,000 represents the minimum balance necessary before a distribution of income can be made to the district.
Today, the Pillar Campaign to “jump-start” The PBL Endowment Fund is underway. The campaign’s goal is to raise $1,000,000 before the start of the 2020-21 school years begins. Those making a minimum gift of $25,000 will be recognized with their names on a plaque embedded in a boulder placed at Clara Peterson Elementary School. Click here for additional Pillar Campaign Information.
Planned gifts including Bequests, Charitable Remainder Trusts, IRA Roll-overs, Gifts of Grain and Memorials & Tributes are all placed in The Endowment Fund. By doing so, you are creating your legacy of support to our students, staff and communities.
Check with your personal tax advisor when determining the most advantageous giving method for you.
Endowment Fund Gift Acceptance Policy
Endowment Fund Spending Policy
Endowment Fund Investment Policy
Pillar Campaign Summary
The PBL Endowment Fund is managed by The Foundation’s Endowment Committee.
Committee Members: Carl Hudson, Jr. and Robin Niewold