School District of Superior Scholarship Foundation Inc.

Overview

The School District of Superior Scholarship Foundation Inc. is a nonprofit organization located in Superior, Wisconsin. Established in 1976, the foundation focuses on providing scholarships to graduates of the School District of Superior, enhancing their educational opportunities and supporting their academic pursuits.

Mission

The primary mission of the School District of Superior Scholarship Foundation is to award scholarships to high school graduates within the district. The foundation also aims to financially support enrichment learning opportunities for students at various grade levels.

Activities and Programs

The foundation oversees the distribution of named scholarships, which recognize academic achievement and community service. In 2022, the foundation awarded 114 named scholarships totaling $283,650 to 136 graduates, reflecting its commitment to supporting student success. Additionally, the foundation maintains a Student Activity Fund, contributing $15,000 in 2022 for student field trips, events, and equipment across the school district.

Financial Information

The foundation is designated as a tax-exempt organization under IRS regulations, making contributions to it tax-deductible for donors. The foundation's financial activities are primarily supported through contributions and investment income. According to the most recent data, notable revenue sources include:

• Contributions: $198,675
• Investment Income: $297,759

Despite having some expenses related to fundraising and management, the foundation operates with a focus on maximizing the impact of its resources on student scholarships and activities.

Leadership

The School District of Superior Scholarship Foundation is managed by a board of directors, including a president, treasurer, and other board members who contribute to the foundation's strategic direction. The governance structure facilitates community involvement and ensures that the foundation remains responsive to the needs of students and the educational community.

Conclusion

The School District of Superior Scholarship Foundation Inc. plays a vital role in fostering educational opportunities for young people in the Superior School District. By providing scholarships and supporting student enrichment programs, the foundation not only enhances individual student prospects but also contributes to the broader educational landscape in the region.