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Fund to support student activities for years to come
Last week, the Maconaquah School Corporation Board of Trustees voted unanimously in favor of a new endowment fund that will support student activities for years to come.
The Future Brave Endowment Fund will begin this school year, and funds will be invested with the Miami County Community Foundation (MCCF), a fund affiliate of the Northern Indiana Community Foundation.
“This will go to help our students in a variety of different ways,” said Maconaquah Superintendent Dr. James Callane. “It is an opportunity for our alumni and friends of Maconaquah to give to our future students.”
The resolution states five percent of ticket sales and concession sales at school events will go to the fund. Callane noted that this will provide a “steady flow of income” to the fund in addition to gifts from donors.
“Almost all colleges have an endowment of some type, and many of those colleges are smaller than our high school,” said board member Tim White, who has been instrumental in the creation of the fund.
White said naming rights will be another method for alumni or community members to donate to the fund. If someone wants naming rights to a specific classroom or school facility, they will be able to purchase those rights with a donation to the endowment fund. White said commitments for donations have already been received.
“We plan to purposely price these to be affordable to a wide range of donors,” White said. “We know that there are many people who have the desire to give to something like this and ensure future Maconaquah students have great opportunities that make up a well-rounded education.”
White said the MCCF is a “great steward of money” and will be a great partner for this initiative. He said funds will be invested long-term, and the principle will not be withdrawn.
“Eventually, the investment returns will provide the funds for our student activities,” White said. “We expect initial investment returns to be withdrawn within a few years.”
White said he is very excited for this initiative to make a “positive difference that will outlast our tenure as caretakers of this great school.”
Give easily online by visiting https://www.nicf.org, clicking "Donate," and choosing The Future Brave Endowment Fund under "Designate Your Gift." You can also send a check to NICF, P.O. Box 807, Rochester, IN 46975. Note "The Future Brave Endowment Fund" in the memo, and make checks payable to NICF.
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By Eric Stoff, email@example.com
Give easily online by visiting https://www.nicf.org
1. Click "Donate"
2. Choose The Future Brave Endowment Fund under "Designate Your Gift."
3. Specify the amount of money to go toward each fund.
4. Proceed through checkout.
You can also send a check to NICF, P.O. Box 807, Rochester, IN 46975. Note "The Future Brave Endowment Fund" in the memo, and make checks payable to NICF.
Eric Stoff has served as Maconaquah’s Grant Writer & P.R. Officer since 2014. His position has been funded by the generous donation of an anonymous alumnus. In his four years at Maconaquah, Eric has generated more than $737,000 in grant funds. He has also been a driving force of the corporation’s P.R. and marketing efforts.
“Maconaquah is a special place. Our staff and students work hard, achieve great things, and maintain a family-like culture in the community,” Eric said. “I’m proud to be a Brave, and I will continue to work hard to bring funding to our schools’ fantastic initiatives."
Maconaquah Patron & Alumnus,
Hail, hail Maconaquah, all hail to the red and the blue
Hail, hail to MHS to our Braves we will always be true
Fight, fight for victory whether odds be great or small
Honor, love, and praise we give to our Maconaquah
I hope this Fight Song brings back some proud memories for you.
On behalf of Maconaquah School Corporation, we want to welcome
you back to your alma mater. This school year we have been working
to build a database of alumni and friends so that we reconnect with you
and keep you posted on what is happening at Maconaquah.
In an effort to reach more alumni, we have redesigned this alumni page so that you
can connect with Maconaquah in several different ways (via Twitter feeds,
link to the MHS Facebook alumni page, and sign up below to receive Alumni
information). Our goal is to connect with all alumni and friends of Maconaquah.
We could use your help in spreading the word about our new alumni page.
Please reach out to fellow classmates and friends and direct them to this site.
Also, refer back to this page on a regular basis as we will be sharing the many exciting
things happening at Maconaquah School Corporation. We need the support and
partnership of our alumni and friends so that we can live up to our mission statement:
Inspiring and empowering our students to meet tomorrow's challenges.