Making a Difference
The Sanger Education Foundation supports quality education for the students of Sanger ISD. Donors can support specific foundation programs by indicating which program they choose through by simply directing their contribution to any endowment, scholarship or program. Individuals or a group of like-minded donors have donor directed gifts toward initiatives or specific endowments for sustaining program initiatives. Foundation supporters have come together in the past for initiatives such as fine arts (Grand Piano, SHS Auditorium), New Playground (Clear Creek Intermediate) Classroom Technology (Chisholm Trail Elementary), Families have established named endowments reflective of their passion for instructional programs creating a perpetual source of funding for initiatives they identified as wanting to ensure those programs were sustainable. Community members have united to create endowments such as Sanger ISD Student Support Endowment, Sanger Autism Spectrum Endowment as well as preserving Sanger Community Heritage Scholarships. As with any donation, you can direct your contribution to an established program or visit with us in creating a program initiative bearing your name. If you would like additional information about creating a legacy gift, contact the SEF office.
There may be an instructional need you identified that we can assist you in making your vision become a reality. These individuals and community members did just that.
In 2008 the Sanger Education Foundation co-hosted a reception and private concert showcasing the Grand Piano made possible through a partnership with several donors and the Foundation. Sanger Bank, Dr. Lynn & Lori Stucky, Mike & Carol Danner and Roger & Diane Crawford made contributions restricted to the purchase of the Grand Piano and the establishment of a Fine Arts Endowment. On hand to receive the gift was Sanger ISD Superintendent, Jack Biggerstaff and Choir Director, Dusty Thompson.
Another group of supporters came together in support of a new playground at Clear Creek Intermediate. The new playground was constructed in October of 2012. Students, parents, staff, the local community and a generous anonymous donor made the dream a reality. SEF established a designated gift account in which all funds raised were directed to and were readily available when the time came to purchase the playground. The foundation was excited to be able to assist Clear Creek Intermediate in making their playground initiative become a reality.
The Sanger Education Foundation is honored to be the permanent home to named endowments as well as a general endowment in which a perpetual source of funding for future generations of Sanger ISD students will benefit from. All contributions should be made payable to Sanger Education Foundation, Inc. Sanger Education Foundation, Inc. is a 501(c)(3) nonprofit organization under IRS guidelines and is charged with soliciting, receiving, investing, and disbursing gifts to benefit the Sanger Independent School District. Sanger Education Foundation, Inc. agrees to account for, and make distributions from, the endowment in accordance with Section I, pursuant to its policies and procedures, and in a manner consistent with the Texas Uniform Prudent Management of Institutional Funds Act; provided, however, that in no event may all or any portion of the endowment be distributed in a manner inconsistent with the Act. Named Endowments can be established over a 5 year period with a minimum of $10,000.00 at which the endowment becomes fully funded. The Foundation’s current policies require that the dollar amount of the distribution from the endowment shall be 4% of the average size of the portfolio over a rolling three year period. This is meant to provide more consistent endowment payments and allow for growth of the funds. The 4% distribution shall be calculated pursuant to the Foundation’ current Investment Policy Statement. Up to 1% of the value of the endowment may be paid to the Foundation for administrative fees. Contact the foundation office for additional information at 940-458-4859 or firstname.lastname@example.org