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 Sate 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 foward 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 2021/2022 School Year
What is the Foundation raising money for?
The Foundation has committed to raising funds to assist the school Science, Technology, Engineering, Arts, and Math (STEAM) programming and infrastructure. Some future projects will be to complete the K-4 Maker Space and to replace dated Smartboards.
We are also raising funds to support the future Teacher Mini Grants and to start an endowment that provides scholarships for North Lake alumni as they graduate from Arrowhead High School and advance their education.
How can I find out more about the foundation?
You can find out more at this website, on Facebook, or on Instagram.
In addition we will be posting our latest BOD Meeting Minutes starting in February 2021.
See our latest Quarterly Update posted to our media platforms and included in the school's "Wave" publication.
Our Annual Report along with a 3rd Party Financial Statement will be available to review at the end of each fiscal year.