The Fargo Public Schools Development Foundation administers several endowed funds. These funds are made available through investment income from endowments established by people just like you who wish to honor a loved one or wish to recognize someone who has made a difference in their lives. These established endowments are not just for a year, a decade, or a generation, but continue in perpetuity.
What is an Endowment Fund?
Created primarily from donations, endowment funds are monies typically held in long-term investments with the principal remaining untouched, allowing the funds to have greater impact over time. The money may be permanently restricted, temporarily restricted, or unrestricted in its use.
Why is an Endowment Fund Important?
The dollars held in endowment funds generates interest and dividend income that may be used to support scholarships, grants, critical needs for students, and other special initiatives by providing a permanent ongoing source of revenue.
How Can I Help?
A named endowment provides is an ideal way to make a gift in memory of a family member or loved one, a special event, or in honor of a student. We are here to help you establish an endowment or you may donate to any of the following endowed funds.