At the Aug. 8 meeting the School Committee approved acceptance of $167,555.47 resulting from the dissolution of the Franklin Education Foundation. The funds were accepted into a newly created revolving account described as supporting “innovative education programs,” and will be managed under department 325 in the district’s financial reports.

A committee member asked for clarity about how the funds would be used and for public information on awards. The superintendent recounted a multi‑year process leading to the dissolution and pledged to honor the foundation’s mission to support classroom innovation. “We are committed to continuing within the spirit of how those funds were to be used,” the superintendent said, and said the district will post donation ideas and award information on the district website.

The committee’s financial staff said the funds will be tracked in the district’s revolving-account reporting and that the account description is “innovative education programs.” No rostered roll-call was read for the consent motion; the motion to accept the funds was made and seconded and carried on a voice vote. Committee members said they will provide public accounting of awards and follow the foundation’s original intent to fund teacher-led, innovative projects.

The committee did not request changes to the fund’s mission but asked for clear public reporting so donors and the community can see how the money supports classrooms and enrichment.