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Questions & Answers

How do I make sure my gift is used the way I want it used?

The board of directors is held to a strict code of ethics to ensure they honor the wishes of the donors. These ethics are adhered to at all times. It is in the best interest of the students, and the Foundation, to do all that is possible to honor those wishes. Financial papers will be presented when requested.

 

How can I donate in honor of, or in the memory of one of my former teachers?

To make a contribution in honor of, or in memory of someone who played a pivotal roll in your life, send a check made out to TCEF.  In the memo line - or short note - let us know what you wish to fund and for whom.  We will notify that person or family.

 

Why doesn't the school corporation provide the funds necessary to educate our children?

Funding for schools in Indiana is tenuous at best. The formula to calculate funds for educating our children does not take into account many circumstances which differ from district to district. The core subjects for each grade level are funded, for the most part, but anything outside the core classes may not be. We recognize this fact, and as special programs become available, the corporation may not have the extra funds available. Also, scholarship funds are not given by the school corporation, nor are funds for special development classes.

 

Who is the person to talk to about leaving money to the foundation from my estate?

Any of the Foundation directors would be happy to talk to you. You should, however, consult your tax adviser.

 

What is the benefit of giving money to the foundation instead of just giving it directly to the school?

Using TCEF to direct your funds offers you the tax benefit of a contribution to a 501c3 tax deductible organization. You may also specify how your funds are to be used, and for what.

 

When are matching funds available for someone who wants to make the most of their contribution?

Matching funds have come from two sources, individuals who have made a contribution with the understanding that the funds must be matched from the community, and other foundations who have opened up grant opportunities. These grants must be applied for by us and then awarded to us, many of which are matching grants. There is no set time frame for these grants, so we post them here on our web site when they are available.

 

If I wanted to set up a donor directed fund for something, how would I do that?

Simply send a check made out to TCEF and specify which fund(s) you would like to benefit from your donation in the memo line.  Enclose a short note if you wish to explain your wishes more.  We will contact you about your directed funds to make sure they are used properly if we have any questions.  If the donation is directed to a specific staff member we will notify her/him.  If your contribution is in memory of someone, the family will be notified.

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