Frequently Asked Questions
What is the official name of the Foundation and when did it start?
The official name for the Foundation is North Lake Education Foundation Incorporated (NLEF). Why the "Incorporated"? NLEF is an independent entity filed with the State of WI and the Federal Government. We have to submit our own Annual Statements and Tax Returns. In addition, as a separate entity we also have to carry our own insurance.
How does the foundation work?
In compliance with IRS rules, the Board of Directors (BOD) governs the Foundation. They are in charge of upholding the By-Laws created for the foundation. Each board member will serve a three year term. The board is comprised of a maximum of two (2) Community Members living within the NLS District, In District Parents, and at least one (1) Out of District School of Choice Parent.
What funds did the Foundation start with?
The Foundation was very lucky to have a few philanthropic families step forward to cover the early costs of the Foundation. In addition, we had $15,000 remaining from the funds raised through STEAM. These funds allowed us to provide the Teachers Mini Grants presented in October. The remainder of the STEAM Funds will be used to complete the K-4 Makers Spaces.
All money raised by the former PBC remains in the PBC account at the school and is reserved for a future playground project.
How can I get involved?
You can get involved by reaching out to us at firstname.lastname@example.org or by reaching out to one of the committee chairs. Because our foundation is slowly rolling out this year, not all committee chair positions have been filled.
Community & Fellowship Committee: Megan Said
Scholarship Committee: Martin Hughes & Katherine Liesener
Teacher Grants & Building Improvements: Carey Wagner & Holly Hawkins
Fundraising: TBD for 2022/2023 School Year