The Oberlin Schools Endowment Fund was established in late 1986. It is a nonprofit, charitable fund that is under the umbrella of the Community Foundation of Lorain County. It is governed by a 14-person board. Three of the Endowment Fund board members are selected by the president of the Oberlin Board of Education. Two of the fourteen members are Oberlin High School students. The remaining nine members of the Endowment Fund board are selected by the members of the Endowment Board. Terms of office for the trustees of the Endowment Fund are three years, staggered to avoid a large turnover of trustees in any one year. Currently serving on the board are: President Karen Lovelace, Vice President Gwen Goul, Michele Andrews, William Doane, Walter Edling, Glenna Kolb, Lynn Haessly, Community Foundation laison Ramona Grigsby, Mindy Brueggemann, Felicia Christian, Gail Wood, Dale Preston, Student Representatives: Dorian Boye-Doe, Kailey Vilyus.
The Oberlin Schools Endowment Fund was established in 1986 by the Oberlin Board of Education. It is an endowment fund which is under the umbrella of the Community Foundation of Lorain County. Donations to the Endowment Fund are never spent. Only the income from the endowment is used to fund the grants. The Oberlin Schools Endowment Fund now contains approximately $400,000. The Endowment fund Board solicits contributions from the community once each year in December.
The Endowment Fund is also very much interested in any type of charitable gift planning that a potential donor might consider. Those donations could be in the form of a gift of an old small-value paid-up insurance policy, a gift of appreciated stock, a gift of a piece of real property, or one of the simplest forms of gift, the mention of the Oberlin Schools Endowment fund in a will or estate plan. The Endowment Fund has grown appreciably since its establishment. We would like to see it continue to grow so that the amount of income available to support the Oberlin schools likewise grows. Donations to the Fund are truly an investment in the children of Oberlin.
The Oberlin Schools Endowment Grant Application for the 2013-2014 school year is now available
Grants are due to the board of education offices by Friday, March 15, 2013 at 3:30 p.m.
Any Oberlin School District employee or group of employees may apply for a grant by submitting a grant proposal. According to the bylaws of the Endowment Board of Trustees, community members are also welcome to submit proposals through a key teacher or group of teachers with whom they would develop a project.
•If more than one person is applying for a grant, ALL applicants must sign the grant application.
•If a community member is applying for a grant, the key teacher(s) must sign the grant.
•A building administrator’s signature is required.
•If two or more applicants submit a grant application, a coordinator (one person) must be listed as the primary contact.
•If a grant application is submitted that involves two or more school buildings, an administrator's signature from each building is required.
The Oberlin Schools Endowment Fund represents a long term effort to provide a source of funding to stimulate and sustain creative co-curricular and extra curricular programs which are supportive of the aims and goals established by the Oberlin Board of Education. The distribution of funds across the categories will be determined by the percentage of available funds for each of the categories and by the nature and quality of grant applications which appear to address the priorities as established by the Board of Trustees.