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Canyons Education Foundation reports $2.5 million in assets, details scholarships and resource closet
Summary
At the May 6 Canyons School District board meeting, the Canyons Education Foundation reported roughly $2.51 million in assets and described fundraising, endowments, scholarships and expanded student supports including a resource closet that fulfilled more than 2,000 requests this year.
The Canyons Education Foundation told the Canyons School District Board of Education on May 6 that it holds about $2,507,750 in total assets and has expanded scholarships, teacher grants and student supports.
The foundation said unrestricted donations, targeted gifts and in-kind donations support scholarships, family assistance and classroom or program needs. Denise (Foundation presenter) told the board, “Our actual, total assets right now are 2,507,750.” Board president Fred Lowry said the foundation has given “over a million dollars now” in teacher innovation grants over time.
Why it matters: The foundation’s private fundraising and in-kind donations fund student supports that the district does not directly provide, including emergency family assistance, holiday gift cards, scholarships and teacher innovation grants. That supplements district programs for McKinney‑Vento students and other targeted needs.
Foundation leader…
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