General Endowment Fund

"Sustaining the Life of the Foundation and its Activities"

The Endowment Fund is the heart of the Kewanee Schools Foundation.  Just as the heart in a human is necessary to sustain life, so is the endowment fund of a Foundation.  The Endowment Fund of the Kewanee Schools Foundation provides the following essential services:

• Supports the fund-raising activities of the foundation to help improve our schools.
• Provides for the writing, printing and mailing of the "Alumni Update", our quarterly newsletter.
• Supports alumni activities such as class reunions, class meetings and homecoming events.
• Supports maintaining this website so you may gain access to friends and learn of coming events.
• Supports the cost of communicating with alumni and friends.

Benefits of Providing a Gift to the Endowment Fund:

• Donors are the lifeblood of the Foundation.  As a donor, you become a member of a successful team that helps to support the needs of the schools of our community.
• Gifts to the Endowment Fund in excess of $200 are recognized on the Wall of Honor.  This is a wonderful way of memorializing a love one or letting others know you care.
• For large gifts, naming opportunities exist.  You may be able to name a classroom or other part of the school in your name, your company's name, or memorialize a loved one.
• By providing a gift, you will gain the satisfaction of knowing your gift helped sustain an organization dedicated to improving our schools.
• All gifts to the Kewanee Schools Foundation-Endowment Fund are tax deductible when you itemize.  The Kewanee Schools foundation is a 501 (c) 3 organization.

Why is it Important to Consider a Gift in Support of the Endowment? 

Since its beginning in 1990, the Kewanee Schools Foundation has served the students and alumni of District #229 in the following major ways:

• Constructed the Breedlove-Petersen All-Weather track and field facility.
• Remodeled and expanded the Petersen Auditorium.
• Constructed the Good's Gymnasium.
• Remodeled the Greg Moss Wrestling Center.
• Constructed the Pine's Strength Training Center.
• Created the Good's Learning Resources Center at Kewanee High School.
• Created the Pine's Great Dane Computer Training Center at Kewanee High School.
• Sponsored several major cultural events for Kewanee and area citizens.
• Hosted numerous recognition events for alumni of Kewanee High School.
• Held fund-raising events to raise money for various improvements to Kewanee Schools.
• Provided educational materials for all elementary schools and Kewanee High School.
• Re-landscaped over two-thirds of the grounds at Kewanee High School.
• Established over $300,000 in new scholarships for Kewanee High School graduates.
• Published "Alumni Update", our quarterly newsletter.
• Maintained this website to facilitate communication with our alumni.
• Published two alumni directories.

Procedures for Arranging a Gift to the Endowment Fund:

• Visit with your family, your attorney, and/or your financial planner to discuss various tax saving strategies associated with a gift to the Kewanee Schools Foundation.
• Contact Us to arrange a meeting with the Foundation Director.
• You may consider giving gifts of real estate, insurance, cash, remainders of savings and/or checking accounts, artwork, collectables, and other valuables.
• Decide upon the type of recognition and publicity you and/or your family or company would like to receive.  If you would like to arrange a private or public reception (gifts over $250) to announce your gift, the Foundation would be happy to make all the arrangements.

Please help the Kewanee Schools Foundation meet the challenges of the future by providing a gift to the Endowment Fund.