Staunton Education Foundation

Overview

The Staunton Education Foundation is a nonprofit organization dedicated to enhancing educational opportunities for students in the Staunton Area Schools in Illinois. The foundation aims to stimulate strong community support for programs that go beyond existing tax-based funding.

Mission

The mission of the Staunton Education Foundation is to foster a supportive community environment that enhances educational experiences for all students in the Staunton Area Schools. This involves providing grants and scholarships to promote academic excellence and enrich educational programs beyond what is possible with standard public funding[3][4].

Activities and Impact

The Staunton Education Foundation plays a crucial role in supporting educational initiatives within the district. For example, the foundation made a significant contribution of $25,000 to support the district's strategic plan, specifically helping to pilot a 1:1 technology program for students in the fifth and ninth grades. This initiative equipped these students with personal Chromebooks, enhancing their learning experience through modern technology[2].

Financial Overview

The foundation relies primarily on contributions for its funding, with these donations making up the majority of its revenue. In recent years, contributions have accounted for over 90% of the foundation's total revenue. Additionally, the foundation earns some income from investments. It operates with no liabilities and maintains a robust asset base[1].

Governance

The Staunton Education Foundation is managed by a board of directors, all of whom serve without compensation. The leadership includes positions such as president, vice president, secretary, and treasurer[1].

Tax Status

Donations to the Staunton Education Foundation are tax deductible, reflecting its status as a recognized 501(c)(3) charitable organization[1].