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Marlborough School District Endowment Fund The Marlborough School District Endowment Fund was established in 1996 by the residents of Marlborough to provide an opportunity for donations to be invested and to help maintain and enrich the education of Marlborough students through the financial support offered by a long term endowment. Ultimately this will ease tax payer burden. Since November of 2000 Marlborough School District Endowment Fund has been investing the monies we receive through New Hampshire Charitable Foundation. MSDEF is also a component fund of the Monadnock Community Foundation.