EDIT MAIN
About Us
What a Foundation CAN Do:
- Accept cash or property as donations
- Assure the wishes of the donor
- Offer income and estate tax advantages
- Remain separate and apart from the school board
- Own real property
- Receive grants from other foundations
What a Foundation CANNOT Do:
- Influence school policy
- Operate school programs
- Attempt to influence tax levies or legislation
- Support political candidates
- Allow any benefit to go to its trustees