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Sheldon ISD board discusses foundation bylaws and funding flexibility; authorizes related expenditures
Summary
Board and foundation representatives discussed whether foundation bylaws should require that all donated funds be used for student scholarships, and the board authorized expenditures tied to an awarded contract; bylaws revision was not adopted at the meeting.
Members of the Sheldon ISD board and representatives of the Sheldon ISD Foundation discussed how the foundation’s bylaws govern the distribution of donated funds and whether the bylaws should explicitly require scholarship‑only use.
A foundation representative said the current bylaws do not specify a scholarship‑only requirement and the board discussed adding language but concluded the foundation’s administrators currently operate in partnership with the district to…
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