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, Secretary Jeff Rubin, Michele Andrews, William Doane, Walter Edling, Barbara Enos, Glenna Kolb, James White, Lynn Haessly, Community Foundation laison Ramona Grigsby, and two High School representatives. If you would be interested in serving on the board, please contact a current board member.
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.
If you would be interested in serving on the board, please write to : Endowment@oberlinschools.org