Statement of Purpose

The OTSEGO ENDOWMENT FOUNDATION (OEF) was established to provide enriching, educational opportunities not otherwise available due to school budget constraints. Through the OEF, individuals, families, companies, and organizations are invited to support supplemental activities that reinforce many of the lessons being taught in Otsego's classrooms.

Expanding Horizons

Contributing to the Intellectual Development of All Students
Offering All Students Experiences and Opportunities Beyond the Classroom

Meeting Date / Location

Second Monday of October and February
HS Library – 6:30 pm

OEF History

Since its inception in 1988, individuals, families, and companies have donated and bequeathed money to the foundation. Interest from these funds has totaled more than $195,000, which supports our grants. Each year, a Reverse Raffle/Dinner in April and a membership drive are held to raise money. Interested parties may also give memorial, deferred, and incremental gifts. The OEF awards Education Assistance Awards of $500 each to four students in the district annually. The foundation uses only accrued interest on investments, which currently total over $600,000 for grant requests, assuring funding support in perpetuity. The Code of Regulations adopted by the OEF ensures proper standards and procedures for managing the general funds. Please consider becoming involved in your community's schools and having a positive impact on the next generation who will lead our nation. By investing in our youth, you help ensure the future health and stability of the Otsego Community.

Ways To Give

OUTRIGHT GIFT: Cash or long-term appreciated securities.

MATCHING GIFT: Your employer may match your personal gift. Check with your company's personnel office for the appropriate form.

MEMORIAL GIFT: Cash or assets in memory of a deceased friend, relative, or educator.

DEFERRED GIFT: Bequests, gift annuities, life insurance, charitable remainder trusts, etc.

INCREMENTAL GIFT: Gifts made in planned stages over a specific period of time.

Donations should be made payable to the OTSEGO ENDOWMENT FOUNDATION. The foundation qualifies as a tax-exempt organization; therefore, if you itemize your deductions, your contribution is tax deductible. You may also designate Otsego Endowment Foundation as the recipient on your United Way donation.

Governance

A seven-to-eleven member Board of Trustees governs the OTSEGO ENDOWMENT FOUNDATION. They are completely independent from both the Otsego Board of Education and the Otsego Local School District's employees. Trustee positions are filled each year, and interested individuals are encouraged to participate in the foundation as members or officers. The public is invited to attend all meetings.

Your Involvement

Please contact any trustee or ex-officio member of the Otsego Endowment Foundation if you require additional information or are willing to donate your time and talents. Students, parents, faculty, staff, and community members are eligible to apply for grants. If you have a project idea that would benefit the community's students, OEF grant forms are available by clicking the 'Forms' link on the right of this page.