Endowment discussed at recent school foundation meeting

PROTECTED CONTENT

If you’re a current subscriber, log in below. If you would like to subscribe, please click the subscribe tab above.

Username

Password

Login

Lost your password?

Username and Password Help

Please enter your email and we will send your username and password to you.

Email

Submit

← Back

Survey results were reviewed from Palmyra R-I teachers who were asked recently how much they spend out-of-pocket for items used in their classroom. 

Fifty-seven teachers responded to the survey. More than 70 percent of those responding spent between $100 and $500 of their personal salary annually. 

Although the school district budgets funds to meet the needs of teaching the curriculum, there are often items that teachers use to enhance their classroom, or boost student interest in a topic of study. 

The survey reinforced the Palmyra School Foundation’s purpose and belief that resources are needed to enrich teaching, inspire learning and enhance opportunities for the students and teachers at Palmyra R-I.

The Palmyra School Foundation Board voted to fund two grants to teachers for the current school year using donations from the Head family. 

One grant will be used in the PACE program, and the other in a seventh and eighth grade special education classroom. 

The board also voted to move forward with distributing funds for grants for next school year. 

In addition to the Warren and Katherine Head grant which is $800 to either one, or split between two teachers, the board wants to make three grants of $500 each available from contributions made by various individuals and PHS alumni.

The foundation is a non-profit organization with a goal of growing permanent charitable funds to support the Palmyra R-I School District. 

The donations mentioned previously have been given with the request to pass immediately to deserving programs and/or teachers. 

The board, however, discussed the ultimate goal of an endowment in which the original gift remains intact, and grants are made annually from a portion of the interest earned. 

In order for an endowment to be established, it must start with the trust of the individuals, families, businesses, and organizations in this community who want to give back for multiple reasons.

Whether they have caught the vision of educating lifelong learners, or they want to honor a loved one with a legacy gift, the Palmyra School Foundation wants to help create and grow the funds to reach these goals.

Between now and the end of 2022, the foundation board is seeking gifts to reach a goal of $50,000. If 50 individuals, families, businesses, or organizations, give $1,000 each, it will begin to build an endowment that will allow these gifts to continue giving for not just a lifetime, but beyond. 

The Foundation welcomes any comments or questions. 

Reach out to them at palmyraschoolfoundation@gmail.com. 

Also, additional information is available on the school website, www.palmyra.k12.mo.us, then choose the Palmyra School Foundation tab.