Frequently Asked Questions

Why was the Education Foundation of Downers Grove District 58 created?
The Foundation was created to support excellence in education by providing supplemental funds for enrichment purposes in designated program areas not otherwise funded by Downers Grove Grade School District 58. Funding does not replace or alter use of funds from traditional tax-based sources.

What is the purpose of the Education Foundation?
The primary purpose of the Education Foundation is to solicit, manage and distribute supplemental funds for enrichment purposes and to create a perpetual source of funds for educational programs and projects that are not within the budgetary guidelines of District 58 and/or for which tax dollars cannot be expended. The programs funded emphasize the Foundation’s mission to enhance the learning environment for District 58 students.

How is the Foundation funded?
Programs and activities of the Foundation are funded by donations and income earned on investment capital. In-kind and monetary gifts are accepted from individuals, corporations and other foundations.

When are funds allocated?
Some programs are funded annually, while other programs are funded semi-annually or throughout the year, as determined by the Board of Directors.

Is the Foundation a function of Downers Grove Grade School District 58?
The Education Foundation is an independent, non-profit corporation governed by its own board of directors, comprised of a cross section of the community, who has a vision for excellence to support the students and staff of District 58. The District 58 superintendent and a member of the District 58 Board of Education serve as ex officio directors.

Who makes the decision on how funds are allocated?
Members of the Board of Directors of the Education Foundation of Downers Grove District 58 determine how funds will be allocated and awarded. Community volunteers are involved as committee members to make recommendations to the Directors in some program areas.

How can a donation/endowment be made to the Foundation?
Donations can be made directly to the Foundation or through a number of donor programs including District 58 payroll deductions, school registration donations, an endowment, or by supporting the Foundation’s social fundraising events.

How can I learn more about the Education Foundation?
For further information on the Education Foundation, visit the Foundation website at www.58foundation.org or by sending a letter to the Foundation at:
2001 Butterfield Rd., Ste 105, Downers Grove, IL 60515


 
Education Foundation of Downers Grove | District 58 | 2001 Butterfield Rd., Ste 105 | Downers Grove, 60515 | © 2011