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Ralston Schools Foundation holds more than $2 million; board discusses scholarship endowments and investment strategy
Summary
Foundation reported assets exceeding $2 million, including $1.1 million in investments and $317,000 in restricted scholarships. Trustees discussed increasing daycare rates to meet an expected $15 minimum wage and heard that alumni contributions drove better‑than‑expected results versus budget.
A representative of the Ralston Schools Foundation told the board on Oct. 27 that the foundation’s balance exceeded $2 million at fiscal year end, with roughly $1.1 million in investments, about $600,000 in checking and approximately $317,000 held as restricted scholarship funds.
The foundation’s profit and loss results…
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