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Board discusses $205,411 bequest from Granum (Graham) Trust and plans public vetting
Summary
Board members described a 1988 trust that yielded $205,411 to the district and said the money is held in Fund 21; they discussed researching family history and seeking public input on how to use the funds for maximum student benefit.
The Amery School District board received an informational briefing on a substantial bequest from a Granum/Graham family trust and agreed to research the family's intent and consider public input on how to spend the funds.
A board member said the 1988 document earmarked $250,000 for the school district; after intervening distributions the district received $205,411, which was deposited into Fund 21 for donations. "It’s been sitting there for what, 38 years," the presenter said while explaining the discovery and legal work performed with local counsel to secure the funds.
Board members and staff discussed next steps: further historical research into the Granum family and public communication about possible uses. Suggestions included support for CTE programming given existing needs, but members emphasized no immediate action was required and the board will solicit ideas and return with recommendations to maximize benefit to students.
The board accepted the donation as part of a broader donations motion; staff will maintain the funds in Fund 21 while working through guidelines for use and public reporting.
