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Local foundation urges board to clarify alumni fundraising and account ownership

Stanley County School District 57-1 Board of Education · May 16, 2025
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Summary

A Buffalo Foundation representative told the Stanley County School District board the foundation holds about $42,000 for the district at the South Dakota Community Foundation and urged the board to decide which community fundraising body it endorses to reduce donor fatigue.

A representative for the Buffalo Foundation urged the Stanley County School District 57‑1 board to decide whether the district will formally endorse a single fundraising body and to clarify how existing endowment funds should be managed.

"The foundation has $42,000 in an investment account at South Dakota Community Foundation," the foundation representative said, noting those funds were raised for the district and that momentum slipped when the all‑school reunion schedule was delayed. The representative recommended consolidation or reconstitution of the foundation so donors know where to give and to avoid repeated solicitation from overlapping groups.

Board members asked whether the newer group "Buff Nation" operates independently and whether bylaws exist; the foundation representative said the goal remains an endowed fund (target $250,000) rather than a pass‑through account. Several trustees emphasized the board's responsibility to oversee district‑affiliated fundraising and requested documentation be gathered so the board can decide next steps.

The item concluded with agreement to gather bylaws and records and to convene meetings with the community organizations to propose a path forward. The board did not take formal action at the meeting.