What is the West Sioux Educational Foundation?
The Foundation is a non-profit corporation chartered by the state of Iowa. It was established in 1988 by interested citizens of the school community with the support of the West Sioux Board of Education.
What is the relationship between the Foundation and the school district?
The Foundation operates completely independently of the school system. The Foundation is overseen and guided in all of its endeavors by an independent board of the trustees. This board is comprised of farm, business, civic, and educational leaders who represent a broad cross-section of the West Sioux School District.
What are the goals of the Foundation?
The Foundation is organized and shall be operated exclusively for charitable, scientific, and educational purposes. Its goal is to maintain, develop, increase, and extend the programs, services, and facilities of the West Sioux Community School District and to provide broader educational service opportunities to students, staff, and residents of the geographic area which it serves.
What is the financial goal?
Establishment of a $1,000,000 endowment fund to provide interest earnings to fund projects. All contributions to the Foundation are tax-deductible, whether derived from individuals, social, and civic groups, or businesses and industries. This tax-saving advantage is automatically given to Foundation donors under Section 501 of the Internal Revenue Code.